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SEGMENT REPORTING (Tables)
 12 Months Ended
Dec. 31, 2023
Notes and other explanatory information [abstract]  
SUMMARY OF DETAILED SEGMENT INFORMATION

The detailed segment information of the Company is as follows:

 

   Education   Campus   Total   Education (1)   Campus   Total   Education   Campus   Total 
  

For the Years ended December 31

 
   2023   2022   2021 
   As Restated (1) 
   Education   Campus   Total   Education   Campus   Total   Education   Campus   Total 
Revenues  $18,611,370   $4,451,384   $23,062,754   $13,555,495   $4,638,121   $18,193,616    5,192,594    3,102,210    8,294,804 
Depreciation and amortization(1)(2)  $2,938,552   $332,498   $3,271,051   $1,245,215   $1,105,425   $2,350,640    426,740    1,148,173    1,574,913 
Loss from operations  $(36,217,860)  $150,525   $(36,067,335)  $(32,591,762)  $(9,746,037)  $(42,337,799)   (2,153,975)   (2,014,509)   (4,168,484)
Net Profit/(Loss)  $(5,899,772)  $188,550   $(5,711,222)  $(46,113,518)  $(9,892,921)  $(56,006,439)   (2,252,795)   (2,365,255)   (4,618,050)
Interest Expense, net  $3,578,911   $115,602   $3,694,513   $(943,916)  $(368,560)  $(1,312,476)   (98,819)   (350,747)   (449,566)
Capital Expenditures  $—   $—   $—   $—   $—   $—    -    -    - 
Property and equipment, net  $456,751   $—   $456,751   $563,131   $—   $563,131    15,442    6,760,674    6,776,116 
Total Assets  $43,213,773   $—   $43,213,773   $88,120,390   $3,139,237   $91,259,627    5,122,967    12,472,440    17,595,407 
Total Liabilities  $23,498,780   $—   $23,498,780   $71,656,141   $5,648,650   $77,304,791    3,589,315    6,020,096    9,609,411 

 

(1) Consists of $575,309 (2022-$577,998) of Education segment depreciation and amortization which is included in cost of revenue and $2,363,243 (2022-$667,217) which is included in operating expenses in the accompanying statements of operations
   
(2) Consists of $0 (2022-$590,228) of Campus segment depreciation and amortization which is included in cost of revenue and $332,498 (2022-$515,197) which is included in operating expenses in the accompanying statements of operations
SUMMARY OF REVENUE AND NON-CURRENT ASSETS BY GEOGRAPHIC LOCATION

A summary of non-current assets (other than financial instruments) by geographic location appears below:

 

   Education   Campus   Total   Education   Campus   Total 
   For the Years Ended December 31, 
   2023   2022 
   Education   Campus   Total   Education   Campus   Total 
Europe / Middle East / Africa  $20,318,361    —   $20,318,361   $12,792,087   $3,473,507   $16,265,594 
Asia / Pacific   3,971,427    —    3,971,427    24,799,301    4,112,755    28,912,056 
North America / South America   9,290,120    —    9,290,120    21,831,530    —    21,831,530 
Non-current assets  $33,579,908   $—   $33,579,908   $59,422,918   $7,586,262   $67,009,180 

 

A summary of revenue by geographic location appears below:

 

   Education   Campus   Total   Education   Campus   Total 
   For the Years Ended December 31, 
   2023   2022 
   Education   Campus   Total   Education   Campus   Total 
Europe / Middle East / Africa  $4,134,861   $2,524,821   $6,659,682   $3,857,193   $2,403,570   $6,260,763 
Asia / Pacific   3,374,298    1,926,563    5,300,861    2,073,866    2,234,551    4,308,417 
North America / South America   11,102,211    -    11,102,211    7,624,436    -    7,624,436 
Revenue  $18,611,370   $4,451,384   $23,062,754   $13,555,495   $4,638,121   $18,193,616