XML 34 R22.htm IDEA: XBRL DOCUMENT v3.25.2
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of revenue disaggregation
        
  

Three Months Ended

June 30,

 
   2025   2024 
Telecommunication services  $13,362,796   $ 
Recruiters on Demand       120 
Consulting and staffing services        
Marketplace Solutions   102,380    132,981 
Total revenue  $13,465,176   $133,101 

 

         
  

Six Months Ended

June 30,

 
   2025   2024 
Telecommunication services  $14,625,151   $ 
Recruiters on Demand       120 
Consulting and staffing services       5,550 
Marketplace Solutions   236,923    349,988 
Total revenue  $14,862,074   $355,658 
Schedule of expected contract liabilities
        
  

Total

Contract Liabilities

     
   June 30,   Recognize 
   2025   2025 
Other  $49,371   $49,371 
Marketplace Solutions   46,162    46,162 
Total  $95,533   $95,533 
Schedule of fair value of assets and liabilities
                           
   

Fair Value at

June 30,

  Fair Value Measurement Using
    2025   Level 1   Level 2   Level 3
Marketable Securities   $ 98,489     $ 98,489     $     $  
Contingent Consideration                        
Warrant Liability   $ 497,494     $     $     $ 497,494  

 

   

Fair Value at

December 31,

  Fair Value Measurement Using
    2024   Level 1   Level 2   Level 3
Marketable Securities   $ 142,275     $ 142,275     $     $  
Contingent Consideration                        
Warrant Liability   $ 490,541     $     $     $ 490,541  
Schedule of warrant liabilities measured at fair value on a recurring basis
    
Ending balance, December 31, 2024  $490,541 
Re-measurement adjustments:     
Change in fair value of warrant liability   7,585 
Ending balance, March 31, 2025  $498,126 
Re-measurement adjustments:     
Change in fair value of warrant liability   (632)
Ending balance, June 30, 2025  $497,494 

 

For the Company’s contingent consideration measured at fair value on a recurring basis using significant unobservable inputs (Level 3), the following table provides a reconciliation of the beginning and ending balance for each category therein, and gains or losses recognized during the three and six months ended June 30, 2025:

     
Ending balance, December 31, 2024  $ 
Contingent consideration in exchange for intangible assets (See Note 5):   605,004 
Change in fair value of contingent consideration:   (164,384)
Ending balance, March 31, 2025  $440,620 
Change in fair value of contingent consideration:   1,318,912 
Equity to be issued (See Note 7):   (1,759,532)
Ending balance, June 30, 2025  $ 
Schedule of unobservable inputs used in the fair value measurements of the derivative liabilities
               
    June 30, 2025  
    Warrant Liability       Contingent Consideration  
Fair Value   $ 497,494     $  
Valuation technique   Backsolve method       Monte Carlo  
Significant unobservable unit   Time to maturity and volatility       Stock price, annual volatility, term discount rate  

 

               
    December 31, 2024  
    Warrant Liability       Contingent Consideration  
Fair Value   $ 490,541     $  
Valuation technique   Backsolve method       N/A  
Significant unobservable unit   Time to maturity and volatility       N/A  
                 
Schedule of assumptions used
     
    March 31, 2025  
Stock Price   $ 1.810  
Annual Volatility   142.00%  
Term (years)   0.49  
Discount Rate   4.330%  

 

    February 20, 2025  
Stock Price   $ 2.53  
Annual Volatility   122.00%  
Term (years)   0.49  
Discount Rate   3.545%  
Schedule of net loss
Schedule of net loss        
  

Three Months Ended

June 30,

 
   2025   2024 
Net loss  $(4,256,779)  $(1,015,272)
Net loss attributable to noncontrolling interests   89,350     
Net loss attributable to commons shareholders, numerator, basic computation  $(4,167,429)  $(1,015,272)

 

         
  

Six Months Ended

June 30,

 
   2025   2024 
Net loss  $(8,798,942)  $(1,793,699)
Net loss attributable to noncontrolling interests   72,755     
Net loss attributable to commons shareholders, numerator, basic computation  $(8,726,187)  $(1,793,699)
Schedule of antidilutive shares
        
   June 30,   June 30, 
   2025   2024 
Options   11,907    70,511 
Warrants   342,827    950,256 
Convertible preferred stock        
    354,734    1,020,767