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Consolidated Segment Data (Tables)
12 Months Ended
Dec. 31, 2023
Consolidated Segment Data [Abstract]  
Schedule of Revenue and Non-Cash Compensation Selected information by segment is presented in the following tables for the years ended December 31, 2023, 2022 and 2021:
   For the years ended
December 31,
 
   2023   2022   2021 
Revenues(1)            
Secured logistics  $31,892,550   $30,907,623   $34,300,213 
Robotics AI solutions   757,284    1,272,236    368,659 
General security solutions   3,630,668    1,785,789    - 
   $36,280,502   $33,965,648   $34,668,872 
(1)Revenue excludes intercompany sales.
   For the years ended
December 31,
 
   2023   2022   2021 
Operating loss            
Secured logistics  $(1,895,092)  $(1,353,365)  $(808,162)
Robotics AI solutions   (21,773,699)   (11,227,391)   (1,072,133)
General security solutions   (936,390)   (178,580)   - 
Corporate and others (1)   (4,697,597)   (4,066,903)   (1,872,155)
Operating loss from continuing operations  $(29,302,778)  $(16,826,239)  $(3,752,450)
Total other income from four segments   461,926    87,616    292,732 
Foreign exchange gains (losses), net:               
- Secured logistics   241,813    (629,844)   (1,814,948)
- Robotics AI solutions   55,567    37,503    (1,511)
- Corporate and others   7,646    1,376    (3,202)
Finance costs:               
- Secured logistics   (510,818)   (802,438)   (885,183)
- Robotics AI solutions   (14,431)   (22,695)   (2,793)
- General security solutions   (857)   (946)   - 
- Corporate and others   (127,268)   (315,751)   (96,867)
Loss before income tax from continuing operations   (29,189,200)   (18,471,418)   (6,264,222)
Provision for income tax (expense) benefit   (434,320)   (132,208)   732,868 
Net loss for the year from continuing operations   (29,623,520)   (18,603,626)   (5,531,354)
Net profit (loss) for the year from discontinued operations – Information security segment   34,138    (62,432)   39,700 
Net loss for the year   (29,589,382)   (18,666,058)   (5,491,654)
Net loss attributable to the non-controlling interest   17,721    101,264    9,727 
Net loss attributable to equity holders of the Company   (29,571,661)   (18,564,794)   (5,481,927)
(1)Includes impairment of goodwill on acquired subsidiaries, non-cash compensation expense, professional fees and consultancy fees for the Company. Non-cash compensation expense of $1,101,800, $252,095 and $nil for the years ended December 31, 2023, 2022 and 2021 was solely attributable to the Corporate and others segment, respectively.

 

Schedule of Depreciation and Amortization by Segment Depreciation and amortization by segment for the year ended December 31, 2023, 2022 and 2021 are as follows:
   For the years ended
December 31,
 
   2023   2022   2021 
Depreciation and amortization:            
Secured logistics  $3,256,128   $3,373,660   $4,407,085 
Robotics AI solutions   1,738,563    2,497,153    625,557 
General security solutions   248,549    110,594    - 
   $5,243,240   $5,981,407   $5,032,642 
Schedule of the Total Assets by Segment Total assets
   As at December 31, 
   2023   2022 
Secured logistics  $21,613,383   $25,315,845 
Robotics AI solutions   3,127,857    23,577,547 
General security solutions   2,836,403    4,260,811 
Corporate and others   18,035,342    7,397,254 
Information security   201,963*    615,517 
   $45,814,948   $61,166,974 
*As of December 31, 2023, the total assets for information security segment were presented as assets held for sale on the consolidated balance sheets.
Schedule of Total Non-Current Assets by Geographical Segment Total non-current assets
   As at December 31, 
   2023   2022 
The PRC (including Hong Kong and Macau)  $3,289,170   $11,234,176 
Thailand   10,472,012    14,223,714 
Other countries   933,174    446,020 
   $14,694,356   $25,903,910