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ORGANIZATION AND NATURE OF BUSINESS (Tables)

3 Months Ended

Mar. 31, 2024

ORGANIZATION AND NATURE OF BUSINESS (Policies)

Schedule of Allocation of Purchase Price of Acquisition

Consideration
Cash		$	5,331,120
Fair value of common stock issued			138,667
Fair value of total consideration transferred		$	5,469,787
Recognized amounts of identifiable assets acquired
Financial assets		$	1,796,911
Inventory			297,340
Property, plant and equipment			7,488,818
Identifiable intangible assets			562,200
Financial liabilities			(3,235,233	)
Total identifiable net assets		$	6,910,036
Bargain purchase gain		$	1,440,249
Revenue for the 6- month period ended December 31, 2023		$	344,708
Loss for the 6- month period ended December 31, 2023		$	(1,232,732	)

Summary of Allowance for Doubtful Accounts

		March 31, 2024
Balance as of January 1, 2024		$	19,686,091
Provisions for credit losses			-
Write-offs			-
Foreign exchange adjustments			(443,605	)
Other adjustments			(31,070	)
Balance as of March 31, 2024		$	19,211,416

Schedule of Property and Equipment Estimated Useful Life

		Estimated Useful Life
Leasehold improvements and technical works			Lesser of lease term or 25 years
Buildings			25-30 years
Vehicles			6 years
Machinery			20 years
Furniture, fixtures and equipment			5–10 years
Computers and software			3-5 years

Schedule of Weighted Average Shares Outstanding

		March 31, 2024				March 31, 2023
Weighted average number of common shares outstanding Basic			16,851,747				10,615,075
Potentially dilutive common stock equivalents							-
Weighted average number of common and equivalent shares outstanding – Diluted			16,851,747				10,615,075

Summary of Anti-Dilutive Securities

		March 31, 2024				March 31, 2023
Warrants			8,558,380				4,194,236
Total			8,558,380				4,194,236

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