XML 84 R22.htm IDEA: XBRL DOCUMENT
v3.25.1

DEFERRED TAX ASSETS AND LIABILITIES | 12 Months Ended
--- | ---
Dec. 31, 2024
Notes and other explanatory information [abstract] |
DEFERRED TAX ASSETS AND LIABILITIES | NOTE 16 — DEFERRED TAX ASSETS AND LIABILITIES Deferred tax assets and (liabilities) as of December 31, 2024 and 2023 and the related activity for the years ended December 31, 2024 and 2023 are as follows: SUMMARY OF DEFERRED TAX ASSETS AND LIABILITIES
|  | Balance as of December 31, 2023 |  |  | Recognized in equity |  |  | Recognized in Provision for Income Taxes |  |  | Balance as of December 31, 2024 |
Non-current assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible Assets |  | $ | (3,303,471 | ) |  | $ | - |  |  | $ | 3,303,471 |  |  | $ | - |
Property, plant, and equipment |  |  | 595,911 |  |  |  | (795,115 | ) |  |  | 199,092 |  |  |  | (112 | )
Other |  |  | 6,933 |  |  |  | — |  |  |  | (6,933 | ) |  |  | - |
|  |  | (2,700,627 | ) |  |  | (795,115 | ) |  |  | 3,495,630 |  |  |  | (112 | )
Current assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Receivables |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Prepaid expenses |  |  | 333,551 |  |  |  | — |  |  |  | (332,107 | ) |  |  | 1,444 |
Other (Section 24C allowance) |  |  | 986,367 |  |  |  | — |  |  |  | (986,367 | ) |  |  | — |
|  |  | 1,319,918 |  |  |  | — |  |  |  | (1,318,474 | ) |  |  | 1,444 |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Income in Advance |  |  | 408,206 |  |  |  | 33,663 |  |  |  | (441,869 | ) |  |  | - |
Tax Losses |  |  | (1,307,820 | ) |  |  | 761,452 |  |  |  | 546,368 |  |  |  | - |
Net deferred tax assets and (liabilities) |  | $ | (2,280,323 | ) |  | $ | - |  |  | $ | 2,281,655 |  |  | $ | 1,332 |
|  | Balance as of December 31, 2022 |  |  | Recognized in Equity |  |  | Recognized in Provision for Income Taxes |  |  | Balance as of December 31, 2023 |
Non-current assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible Assets |  | $ | (3,901,425 | ) |  | $ |  | - |  | $ | 597,954 |  |  | $ | (3,303,471 | )
Property, plant, and equipment |  |  | (87,695 | ) |  |  | 795,115 |  |  |  | (111,509) |  |  |  | 595,911 |
Other |  |  | (2,240 | ) |  |  | — |  |  |  | 9,173 |  |  |  | 6,933 |
|  |  | (3,991,360 | ) |  |  | 795,115 |  |  |  | 495,618 |  |  |  | (2,700,627 | )
Current assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Receivables |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Prepaid expenses |  |  | - |  |  |  | — |  |  |  | 333,551 |  |  |  | 333,551 |
Other (Section 24C allowance) |  |  | 134,390 |  |  |  | - |  |  |  | 851,977 |  |  |  | 986,367 |
|  |  | 134,390 |  |  |  | - |  |  |  | 1,185,528 |  |  |  | 1,319,918 |
Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Income in Advance |  |  | 365,377 |  |  |  | (33,663) |  |  |  | 76,492 |  |  |  | 408,206 |
Tax Losses |  |  | 100,464 |  |  |  | (761,452 | ) |  |  | (646,832) |  |  |  | (1,307,820) |
Net deferred tax assets and (liabilities) |  | $ | (3,391,129 | ) |  | $ | - |  |  | $ | 1,110,806 |  |  | $ | (2,280,323 | )
Unused tax losses for which no deferred tax assets have been recognized as of December 31, 2024 and 2023 are as follows: SUMMARY OF UNUSED TAX LOSSES FOR WHICH NO DEFERRED TAX ASSETS HAVE BEEN RECOGNIZED
|  | 2024 |  |  | 2023 |
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
Unused tax losses for which no deferred tax assets has been recognized |  | $ | (56,417,466 | ) |  | $ | (43,402,517 | )
Potential tax benefit of such unused tax losses at applicable statutory tax rates |  | $ | (11,501,499 | ) |  | $ | (7,722,631 | )
Unused tax losses |  | $ | (11,501,499 | ) |  | $ | (7,722,631 | )
Management has evaluated and concluded that there were no material uncertain tax positions requiring recognition in the Group’s consolidated financial statements as of December 31, 2024 and 2023. No tax audits were commenced or were in process during the years ended December 31, 2024 and 2023 and no tax related interest or penalties were incurred during those years. The following jurisdictions and tax years are open to audit: SUMMARY OF JURISDICTIONS AND TAX YEARS
Jurisdiction |  | Open Tax Years
Indonesia |  | 2020 - 2024
New Zealand |  | 2021 - 2024
Singapore |  | 2021 - 2024
South Africa |  | 2021 - 2024
United Kingdom |  | 2023
United States |  | 2022 – 2024

X
- Definition The disclosure of deferred taxes. [Refer: Deferred tax liabilities; Deferred tax assets] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfDeferredTaxesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_NotesAndOtherExplanatoryInformationAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration