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SEGMENT REPORTING (Tables)
 12 Months Ended
Dec. 31, 2024
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   Campus   Total   Education   Campus   Total 
   For the Years ended December 31 
   2024   2023   2022 
   Education   Campus   Total   Education   Campus   Total   Education   Campus   Total 
Revenues  $7,912,718   $—   $7,912,718   $18,611,370   $4,451,384   $23,062,754    13,555,495   $4,638,121   $18,193,616 
Depreciation and amortization(1)(2)  $2,058,527   $—   $2,058,527   $2,938,552   $332,498   $3,271,051    1,245,215   $1,105,425   $2,350,640 
Loss from operations  $(30,108,322)  $—   $(30,108,322)  $(36,217,860)  $150,525   $(36,067,335)   (32,591,762)  $(9,746,037)  $(42,337,799)
Net Profit/(Loss)  $(24,939,822)  $—   $(24,939,822)  $(5,899,772)  $188,550   $(5,711,222)   (46,113,518)  $(9,892,921)  $(56,006,439)
Interest Expense, net  $1,146,440   $—   $1,146,440   $3,578,911   $115,602   $3,694,513)   (943,916)  $(368,560)  $(1,312,476)
Capital Expenditures  $—   $—   $—   $—   $—   $—    —   $—   $— 
Property and equipment, net  $301,531   $—   $301,531   $456,751   $—   $456,751    563,131   $—   $563,131 
Total Assets  $101,055,351   $—   $101,055,351   $43,213,773   $—   $43,213,773    88,120,390   $3,139,237   $91,259,627 
Total Liabilities  $21,644,921   $—   $21,644,921   $23,498,780   $—   $23,498,780    71,656,141   $5,648,650   $77,304,791 

 

(1) Consists of $589,415 (2023: $575,309) of Education segment depreciation and amortization which is included in cost of revenue and $1,469,112 (2023: $2,363,243) which is included in operating expenses in the accompanying statements of operations
   
(2) Consists of $0 (2023: $0) of Campus segment depreciation and amortization which is included in cost of revenue and $0 (2023: $332,498) 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, 
   2024   2023 
   Education   Campus   Total   Education   Campus   Total 
Europe / Middle East / Africa  $13,871,549    —   $13,871,549   $20,318,361    —   $20,318,361 
Asia / Pacific   39,977,597    —    39,977,597    3,971,427    —    3,971,427 
North America / South America   4,787,378    —    4,787,378    9,290,120    —    9,290,120 
Non-current assets  $58,636,524   $—   $58,636,524   $33,579,908   $—   $33,579,908 

 

A summary of revenue by geographic location appears below:

 

   Education   Campus   Total   Education   Campus   Total 
   For the Years Ended December 31, 
   2024   2023 
   Education   Campus   Total   Education   Campus   Total 
Europe / Middle East / Africa  $3,578,181   $—   $3,578,181   $4,134,861   $2,524,821   $6,659,682 
Asia / Pacific   2,215,686    —    2,215,686    3,374,298    1,926,563    5,300,861 
North America / South America   2,118,851    —    2,118,851    11,102,211    —    11,102,211 
Revenue  $7,912,718   $—   $7,912,718   $18,611,370   $4,451,384   $23,062,754