XML 49 R25.htm IDEA: XBRL DOCUMENT v3.24.0.1
Deferred Revenues
 12 Months Ended
Dec. 31, 2023
Text Block 1 [Abstract]  
Deferred Revenues
NOTE 19. DEFERRED REVENUE
 
December 31,
   
2023
      2022  
Opening balance
   
$
399,520
 
    $ 84,614  
Acquisition (Note 6)
   
 
-
 
      135,409  
Cash received in advance of revenue recognition
   
 
892,622
 
      526,924  
Revenue subsequently recognized
   
 
(857,797)
     (354,531)  
Currency translation effects
   
 
(12,489)
 
      7,104  
Closing balance
   
$
421,856
 
    $ 399,520  
Current deferred revenue
   
$
392,371
 
    $ 366,085  
Non-current
deferred revenue
   
 
29,485
 
      33,435  
Deferred revenue
   
$
   421,856
 
    $    399,520  
 
 
Amounts recognized as current deferred revenue are typically recognized into revenue within six months and amounts recognized as
non-current
deferred revenue will be recognized into revenue more than twelve months from the date of the balance sheet.