XML 298 R115.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
SCHEDULE OF CONDENSED BALANCE SHEETS OF PARENT COMPANY (Details) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets:      
Total current assets $ 9,458 $ 43,509 $ 366,020
Total assets 54,515,855 83,566,621 209,298,900
Current liabilities:      
Total current liabilities 4,884,502 4,559,556 2,854,360
Total liabilities 10,884,466 10,559,520 8,854,324
Shareholders’ deficit:      
Additional paid-in capital
Accumulated deficit (10,875,591) (10,516,594) (8,488,887)
Total shareholders’ deficit (10,875,008) (10,516,011) (8,488,304)
Total liabilities, mezzanine equity and shareholders’ deficit 54,515,855 83,566,621 209,298,900
Seamless Group Inc. [Member]      
Current assets:      
Cash and cash equivalents 46,800,000 48,500,000  
Short-term investments 299,385 300,000 2,000,000 [1]
Prepayments, deposits and other receivables   34,225,239 37,563,550
Total current assets 90,825,793 103,361,724 121,206,663 [1]
Total assets 128,441,444 141,490,432 160,590,494 [1]
Current liabilities:      
Accruals and other payables 45,893,049 53,988,231 58,946,385 [1]
Amounts due to related parties 83,168,572 86,488,519 83,757,317 [1]
Convertible bonds 9,979,499 10,000,000 9,192,140 [1]
Total current liabilities 162,814,945 173,862,148 172,652,016 [1]
Borrowings 2,861,415 2,506,974 7,879,279
Convertible bonds  
Total liabilities 166,890,536 177,675,731 182,367,925 [1]
Shareholders’ deficit:      
Common shares (US$0.001 par value; 58,030,000 shares authorized, issued and outstanding as of December 31, 2023 and 2022) 58,030 58,030 58,030 [1]
Additional paid-in capital 29,172,373 29,172,373 29,172,373 [1]
Accumulated deficit (95,110,363) (92,075,379) (76,768,829) [1]
Accumulated other comprehensive loss 451,759 88,366 61,298 [1]
Total shareholders’ deficit (65,428,201) (62,756,610) (47,477,128) [1]
Total liabilities, mezzanine equity and shareholders’ deficit $ 128,441,444 141,490,432 160,590,494 [1]
Parent Company [Member] | Seamless Group Inc. [Member]      
Current assets:      
Cash and cash equivalents   130,634 78,968
Short-term investments    
Prepayments, deposits and other receivables   76,492 66,245
Amounts due from subsidiaries   6,155,464 6,869,413
Amounts due from related parties   123,906 90,666
Total current assets   6,486,496 7,105,292
Investments in subsidiaries   20,682,970 26,470,719
Investment in an equity security  
Total assets   27,169,466 33,576,011
Current liabilities:      
Borrowings   11,162,844 11,577,451
Accruals and other payables   9,621,542 5,410,027
Amounts due to subsidiaries   7,302,130 2,640,735
Amounts due to related parties   49,472,617 49,900,344
Convertible bonds   10,000,001 9,192,141
Total current liabilities   87,559,134 78,720,698
Borrowings  
Convertible bonds  
Total liabilities   87,559,134 78,720,698
Shareholders’ deficit:      
Common shares (US$0.001 par value; 58,030,000 shares authorized, issued and outstanding as of December 31, 2023 and 2022)   58,030 58,030
Additional paid-in capital   29,172,373 29,172,373
Accumulated deficit   (89,542,157) (74,235,607)
Accumulated other comprehensive loss   (77,914) (139,483)
Total shareholders’ deficit   (60,389,668) (45,144,687)
Total liabilities, mezzanine equity and shareholders’ deficit   $ 27,169,466 $ 33,576,011
[1] Periods presented have been adjusted. Additional information regarding the adjustment may be found in Note 3 – Restatement of Previously Issued Financial Statements, included elsewhere in the notes to the financial statements.