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INTEREST EXPENSE, NET
12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
INTEREST EXPENSE, NET

NOTE 30 — INTEREST EXPENSE, NET

 

For the years ended December 31, 2025, 2024 and 2023, the Company earned interest income and incurred interest expense as follows:

 

   2025   2024   2023 
   Year Ended December 31, 
   2025   2024   2023 
Interest income               
Bank and other cash  $177,218   $6,673    44,481 
Total interest income   177,218    6,673    44,481 
                
Interest expense/finance costs               
Lease liabilities   (79,939)   -    (787,341)
Other interest paid – loans   (3,488,756)   (1,139,785)   (2,951,188)
Total interest expense/ finance costs   (3,568,695)   (1,139,785)   (3,738,529)
                
Total interest (expense), net  $(3,391,477)  $(1,133,112)   (3,694,048)