XML 72 R58.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

EQUITY METHOD INVESTMENTS (Details Narrative) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Jun. 30, 2024 CAD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2024 EUR (€) | Jun. 30, 2023 USD ($) | Dec. 31, 2023 CAD ($) | Dec. 31, 2023 USD ($) | Dec. 31, 2023 EUR (€) | Dec. 31, 2022 USD ($)
Gain on extinguishment of debt | $ 0 | $ 2,257 |  | $ 0 |  | $ 1,910,770 |  | $ 1,910,967 |  | $ 1,004,124
Cosmo Farmacy LP [Member] |  |  |  |  |  |  |  |  |  |
Initial share capital | € |  |  |  |  | € 150,000 |  |  |  | € 150,000 |
Initial share capital increased | € |  |  |  |  | 500,000 |  |  |  | 500,000 |
Pharmacy license value | € |  |  |  |  | € 350,000 |  |  |  | € 350,000 |
Maturity period of license |  |  | 30 years | 30 years | 30 years |  | 30 years | 30 years | 30 years |
Ownership equity | 70.00% |  |  | 70.00% |  |  |  | 70.00% |  |
Cash contributed to limited partner | € |  |  |  |  | € 30 |  |  |  | € 150,000 |
Equity ownership remaining | 30.00% |  |  | 30.00% |  |  |  | 30.00% |  |
Marathon Global Inc [Member] | Distribution and Equity Acquisition Agreement [Member] |  |  |  |  |  |  |  |  |  |
Upfront cash received |  |  | $ 2,000,000 |  |  |  | $ 2,000,000 |  |  |
Fair value of settlement account |  |  |  | $ 1,554,590 |  |  |  | $ 1,554,590 |  |
Gain on extinguishment of debt |  |  |  | $ 1,554,590 |  |  |  | $ 1,554,590 |  |
Agreement term |  |  | five (5) years | five (5) years | five (5) years |  | five years | five years | five years |
Cash received upon gross sales |  |  | $ 2,750,000 |  |  |  | $ 2,750,000 |  |  |
Marathon Global Inc [Member] | Distribution and Equity Acquisition Agreement [Member] | Gross Sales One [Member] |  |  |  |  |  |  |  |  |  |
Cash received upon gross sales |  |  | 2,750,000 |  |  |  | 2,750,000 |  |  |
Gross sales |  |  | 13,000,000 |  |  |  | 13,000,000 |  |  |
Marathon Global Inc [Member] | Distribution and Equity Acquisition Agreement [Member] | Gross Sales [Member] |  |  |  |  |  |  |  |  |  |
Cash received upon gross sales |  |  | 2,750,000 |  |  |  | 2,750,000 |  |  |
Gross sales |  |  | $ 6,500,000 |  |  |  |  |  |  |
Marathon Global Inc [Member] | Distribution and Equity Acquisition Agreement [Member] | Gross Sales [Member] |  |  |  |  |  |  |  |  |  |
Gross sales |  |  |  |  |  |  | $ 6,500,000 |  |  |
Share Exchange Agreement [Member] | ICC [Member] |  |  |  |  |  |  |  |  |  |
Investement | $ 160,665 |  |  | $ 160,665 |  |  |  | $ 165,930 |  | $ 160,470

X
- References No definition available. + Details
Name: | cosm_AgreementTerm
Namespace Prefix: | cosm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_CashContributedToLimitedPartner
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_CashReceivedUponGrossSales
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_EquityMethodInvestmentOwnershipRemainingPercentage
Namespace Prefix: | cosm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | cosm_EquityMethodInvestmentsOwnershipPercentage
Namespace Prefix: | cosm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | cosm_GrossSales
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_InitialShareCapital
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_InitialShareCapitalIncreased
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_MaturityPeriodOfLicense
Namespace Prefix: | cosm_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_PharmacyLicenseValue
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_SettlementAmountDebtObligation
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_UpfrontCashReceived
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481303/470-50-40-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481303/470-50-40-4 + Details
Name: | us-gaap_GainsLossesOnExtinguishmentOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Sum of the carrying amounts as of the balance sheet date of all investments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 80 -Name Accounting Standards Codification -Section 55 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480078/944-80-55-14 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 80 -Name Accounting Standards Codification -Section 55 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480078/944-80-55-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(h)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
Name: | us-gaap_Investments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=cosm_CosmoFarmacyLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cosm_MarathonGlobalIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=cosm_DistributionAndEquityAcquisitionAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=cosm_SalesOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_SalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=cosm_DistributionAndEquityAcquisitionAgreementsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=cosm_ShareExchangeAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=cosm_IccMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |