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COMMITMENTS AND CONTINGENCIES (Tables)
 9 Months Ended
Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF OPERATING AND RENEWED LEASE TERMS RENTAL

 

Office Location   Lease Term as of December 31, 2021
Singapore - AI   June 2023 to May 2026
Singapore – F&B   October 2021 to October 2024
Singapore – Four Seasons Park   July 2022 to July 2024
Singapore – Hapi Cafe   July 2022 to June 2024
Singapore - PLQ   December 2022 to July 2024
Hong Kong - Office   October 2022 to October 2024
Hong Kong - Warehouse   November 2022 to October 2024
Hong Kong - Shop   October 2022 to September 2024
Hong Kong – Hapi Travel   September 2023 to August 2025
South Korea – Hapi Cafe   August 2022 to August 2025
South Korea – HWH World   August 2022 to July 2025
Magnolia, Texas   May 2022 – January 2023
Bethesda, Maryland   January 2021 to March 2024
China - Cafe   December 2022 - November 2023
China - Office   March 2023 – March 2027
SCHEDULE OF LEASE PAYMENTS

The table below summarizes future payments due under these leases as of September 30, 2023.

 

For the Years Ended September 30:

 

      
2024  $1,047,474 
2025   529,156 
2026   147,129 
2027   18,396 
Total Minimum Lease Payments  $1,742,155 
Less: Effect of Discounting   (16,912)
Present Value of Future Minimum Lease Payments   1,725,243 
Less: Current Obligations under Leases   (207,301)
Long-term Lease Obligations  $1,517,942