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ORGANIZATION NATURE OF BUSINESS AND GOING CONCERN (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN    
Schedule of Property and Equipment

 

 

Estimated Useful Life

Leasehold improvements and technical works

 

Lesser of lease term or 40 years

Vehicles

6 years

Machinery

20 years

Furniture, fixtures and equipment

 

5–10 years

 

Computers and software

 

3-5 years

 

Estimated

Useful Life

Leasehold improvements and technical works

 

Lesser of lease term or 40 years

Vehicles

 

6 years

Machinery

 

20 years

Furniture, fixtures and equipment

 

5–10 years

 

Computers and software

 

3-5 years
Schedule of Assets Measured and Recognized at Fair Value on a Recurring Basis

 

 

June 30, 2022

 

 

Total

Carrying

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Value

 

Marketable securities – ICC International Cannabis Corp.

 

$-

 

 

$-

 

 

 

-

 

 

$-

 

Marketable securities – National Bank of Greece

 

 

4,925

 

 

 

-

 

 

 

-

 

 

 

4,925

 

Equity securities – Pancreta Bank

 

 

-

 

 

 

5,407

 

 

 

-

 

 

 

5,407

 

 

 

$4,925

 

 

$5,407

 

 

 

 

 

 

$10,332

 

 

 

December 31, 2021

 

 

Total

Carrying

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Value

 

Marketable securities – ICC International Cannabis Corp.

 

$-

 

 

$-

 

 

 

-

 

 

$-

 

Marketable securities – National Bank of Greece

 

 

6,696

 

 

 

-

 

 

 

-

 

 

 

6,696

 

Equity securities – Pancreta Bank

 

 

-

 

 

 

4,772

 

 

 

-

 

 

 

4,772

 

 

 

$6,696

 

 

$4,772

 

 

 

 

 

 

$11,468

 

 

 

December 31,

2021

 

 

December 31,

2020

 

Exchange rate on balance sheet dates

 

 

 

 

 

 

EUR: USD exchange rate

 

 

1.1318

 

 

 

1.2230

 

GBP: USD exchange rate

 

 

1.3500

 

 

 

1.3662

 

 

 

 

 

 

 

 

 

 

Average exchange rate for the period

 

 

 

 

 

 

 

 

EUR: USD exchange rate

 

 

1.1830

 

 

 

1.1410

 

GBP: USD exchange rate

 

 

1.3764

 

 

 

1.2829

 

 

 

December 31, 2021

 

 

Total Carrying

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Value

 

Marketable securities – ICC International Cannabis Corp.

 

$-

 

 

 

-

 

 

 

-

 

 

$-

 

Marketable securities – Diversa S.A.

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Marketable securities – National Bank of Greece

 

 

6,696

 

 

 

-

 

 

 

-

 

 

 

6,696

 

 

 

$6,696

 

 

 

 

 

 

 

 

 

 

$6,696

 

 

 

December 31, 2020

 

 

Total Carrying

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Value

 

Marketable securities – ICC International Cannabis Corp.

 

$-

 

 

 

-

 

 

 

-

 

 

$-

 

Marketable securities – Diversa S.A.

 

 

218,183

 

 

 

-

 

 

 

-

 

 

 

218,183

 

Marketable securities – National Bank of Greece

 

 

4,609

 

 

 

-

 

 

 

-

 

 

 

4,609

 

 

 

$222,792

 

 

 

 

 

 

 

 

 

 

$222,792

 

 

 

Year Ended

December 31,

 

 

Year Ended

December 31,

 

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

Number of 10% clients

 

 

1

 

 

 

1

 

Percentage of total revenue

 

 

15.33%

 

 

14.82%

Percentage of total AR

 

 

35.08%

 

 

14.65%

 

 

Years Ended December 31,

 

 

 

2021

 

 

2020

 

Weighted average number of common shares outstanding Basic

 

 

16,423,335

 

 

 

13,270,097

 

Potentially dilutive common stock equivalents

 

 

-

 

 

 

37,698

 

Weighted average number of common and equivalent shares outstanding – Diluted

 

 

16,423,335

 

 

 

13,307,795

 
Schedule of Reconciliation of Basic Shares Outstanding to Fully Diluted Shares Outstanding

 

 

Three Months Ended

 

 

Six Months Ended

 

June 30,

June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Weighted average number of common shares outstanding-Basic

 

 

19,540,097

 

 

 

16,105,409

 

 

 

18,652,736

 

 

 

15,572,773

 

Potentially dilutive common stock equivalents

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average number of common and equivalent shares outstanding - Diluted

 

 

19,540,097

 

 

 

16,105,409

 

 

 

18,652,736

 

 

 

15,572,773