v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES & USE OF ESTIMATES. (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Accounting Policies [Abstract]    
SCHEDULE OF INVENTORY

On September 30, 2025, and December 31, 2024, respectively, our inventory consisted of the following:

 

   As of
September 30,
   As of
December 31,
 
Inventory  2025   2024 
   (Unaudited)   (Audited) 
Equipment Parts Inventory  $1,844,223   $1,820,347 
Finished Goods Inventory   763,160    999,100 
Work in process Inventory   94,175    295,950 
Consignment Inventory   171,823.00    - 
Inventory Reserve   (727,990)   (776,638)
Total Inventory  $2,145,391   $2,338,759 

On December 31, 2024, and December 31, 2023, respectively, the Company’s inventory consisted of the following:

 

         
   Year Ended December 31, 
   2024 (Audited)   2023 (Audited) 
Inventory          
Equipment Parts Inventory  $1,820347   $862,941 
Finished Goods Inventory   999,100    992,744 
Sales Demo Inventory   -    162,958 
Work in process Inventory   295,950    243,029 
Inventory Reserve   (776,638)   (24,216)
Total Inventory  $2,338,759   $2,237,456 
SCHEDULE OF ESTIMATED USEFUL LIVES FOR SIGNIFICANT PROPERTY AND EQUIPMENT

 

Category

 

Economic Useful Life

Office furniture and fixtures   3-5 years
Machinery and equipment   5-7 years
Leasehold Improvements   1-10 years *
Intangible Assets   6-15 years

 

*or the Lease term -whichever is less.

Category 

Economic

Useful Life

Office furniture and fixtures  3-5 years
Machinery and equipment  5-7 years
Leasehold Improvements  1-10 years
Intangible Assets  6-15 years
SCHEDULE OF FIXED ASSETS

 

Fixed Assets  As of
September 30, 2025
(Unaudited)
   As of
December 31, 2024
(Audited)
 
Accumulated Depreciation  $(3,389,198)  $(2,513,551)
Machinery & Equipment   2,459,093    2,458,986 
Office Furniture & Computer Equipment   317,147    301,487 
Vehicles   117,894    117,894 
R&D Equipment   43,268    43,268 
Software   50,671    50,671 
Leasehold improvements   264,458    257,558 
Consignment Machine & Equipment   45,634    - 
Demonstration equipment   1,193,450    1,155,721 
Total Fixed Assets  $1,102,417   $1,872,034 

         
   Year Ended December 31, 
   2024 (Audited)   2023 (Audited) 
Fixed Assets          
Accumulated Depreciation  $(2,513,551)  $(729,956)
Machinery & Equipment   2,458,986    796,783 
Office Furniture & Computer Equipment   301,487    77,487 
Vehicles   117,894    90,959 
R&D Equipment   43,268    37,973 
Software   

50,671

    - 
Leasehold improvements   257,558    31,775 
Demonstration equipment   1,155,721    647,790 
Total Fixed Assets  $1,872,034   $952,811 
SCHEDULE OF INTANGIBLE ASSETS ASSETS

 

Intangible Assets 

As of

September 30, 2025
(Unaudited)

  

As of

December 31, 2024
(Audited)

 
Accumulated Amortization  $(1,604,516)  $(1,125,025)
Customer Relationships   211,000    211,000 
Equipment Design Documentation   2,675,000    2,675,000 
Operational Software & Website   381,539    381,539 
Trademarks   787,800    787,800 
License & Patents   3,460,876    3,460,877 
 Accumulated Impairment Loss   (932,669)   (932,669)
Total Intangible Assets  $4,979,030   $5,458,522 

         
   Year Ended December 31, 
   2024 (Audited)   2023 (Audited) 
Intangible Assets          
Accumulated Amortization  $(1,125,025)  $(725,228)
Customer Relationships   211,000    211,000 
Equipment Design Documentation   2,675,000    2,675,000 
Operational Software & Website   381,539    339,539 
Trademarks   787,800    216,800 
License & Patents   3,460,877    1,562,876 
Accumulated Impairment Loss   

(932,669

)   0 
Total Intangible Assets  $5,458,522   $4,279,987 
SCHEDULE OF INCOME TAXES  

The provision for income taxes is calculated at a US corporate tax rate of approximately 21% (2023: 21%) as follows:

 

   2024   2023 
   $   $ 
Expected income tax (expense) recovery from net (income) loss   

528,953

    790,846 
Tax effect of expenses not deductible for income tax:          
Annual effect of book/tax differences   

1,099,453

    3,765,932 
Change in the valuation allowance   

(1,628,406

)   (4,586,841)