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ORGANIZATION AND NATURE OF BUSINESS (Tables) | 9 Months Ended | 12 Months Ended
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Sep. 30, 2024 | Dec. 31, 2023
ORGANIZATION AND NATURE OF BUSINESS |  |
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 9 - month period ended September 30, 2024 $549,567 Loss for the 9 - month period ended September 30, 2024 $(1,674,785 ) | 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 )
Schedule of Accounts Receivable & Allowance for Doubtful Accounts | September 30,2024 Balance as of January 1st, 2024 $19,686,091 Provisions for credit losses - Write-offs 250,971 Foreign exchange adjustments Other adjustments (31,286 )Balance as of September 30, 2024 $19,905,776 | December 31, 2023 Balance as of January 1, 2023 $7,309,311 Provisions for credit losses 11,850,788 Write-offs - Foreign exchange adjustments 525,992 Other adjustments - Balance as of December 31, 2023 $19,686,091
Schedule of Property and Equipment, net | EstimatedUseful LifeLeasehold improvements and technical works Lesser of lease term or 25 yearsBuildings 25-30 years Vehicles 6 yearsMachinery 20 yearsFurniture, fixtures and equipment 5–10 years Computers and software 3-5 years | EstimatedUseful LifeLeasehold improvements and technical works Lesser of lease term or 25 yearsBuildings 25-30 years Vehicles 6 yearsMachinery 20 yearsFurniture, fixtures and equipment 5–10 years Computers and software 3-5 years
Schedule of Basic and Diluted Net Loss per Common Share | September 30,2024 September 30,2023 Weighted average number of common shares outstanding Basic 17,724,305 11,346,071 Potentially dilutive common stock equivalents - - Weighted average number of common and equivalent shares outstanding – Diluted 17,724,305 11,346,071 |
Schedule of potential shares of common stock | September 30, 2024 September 30, 2023 Warrants 13,432,507 6,124,412 Total 13,432,507 6,124,412 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of acquisition of assets or a business through noncash (or part noncash) transactions. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Disclosure may include the equity interest acquired, value of assets acquired, value of liabilities acquired, net monetary assets acquired, number of shares, warrants or options issued as consideration for a business or asset acquired and other information necessary to a fair presentation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-4 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-5 + Details
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- Definition Tabular disclosure of public utility physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation expense and method used, including composite depreciation, and accumulated depreciation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 980 -SubTopic 20 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481834/980-20-45-1 + Details
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