XML 106 R93.htm IDEA: XBRL DOCUMENT v3.22.1
SHAREHOLDERS’ DEFICIT (Details Narrative) - USD ($)
1 Months Ended 12 Months Ended 36 Months Ended
Nov. 12, 2021
Nov. 08, 2021
Feb. 10, 2021
Sep. 21, 2021
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2023
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]                  
Common stock, shares authorized             95,000,000 95,000,000  
Common stock, par value             $ 0.0001 $ 0.0001  
Preferred stock, shares authorized             5,000,000 5,000,000  
Preferred stock, par value             $ 0.0001 $ 0.0001  
Common stock, shares issued             19,732,406 7,413,600  
Common stock, shares outstanding             19,732,406 7,413,600  
Stock Split     750 for 1            
Reverse stock split       1 for 2.5          
Common stock shares   2,888,889              
Public offering price per shares   $ 9.00              
Option shares 236,111                
Firm Shares   $ 26,000,001              
Option shares   $ 2,124,999              
IPO related expenses             $ 2,677,846    
IPO closings description             Upon the IPO Closings, all outstanding shares of preferred stock series A, B, B-1, C and C-1 were automatically converted into 888,889 shares, 764,400 shares, 48,000 shares, 465,600 shares and 4,195,200 shares of the Company’s common stock for the value of $8,000,000, $3,412,503, $466,720, $8,353,373 and $5,536,832, respectively.    
Additional cost             $ 2,894,075    
Shares issued for accrued bonus, shares             277,409 277,409  
Cancelled shares             150,000 0  
Interest rate             $ 28    
Warrant Description             During the year ended December 31, 2021, a total of 69 warrants were exercised in exchange to 20,700 shares of its common stock for the value of $28,980. During the year ended December 31, 2020, no warrants were exercised to common stock.    
Consulting services share               208,369  
Employees share             3,437    
Warrants description             Company issued 21,000 shares of warrants to one employee for compensation of his service to purchase 21,000 shares of its common stock for the fair value of $17,500. Each share of warrant is converted to one share of common stock at an exercise price of $0.0001. The warrants will expire on the second (2nd) anniversary of the initial date of issuance. As at December 31, 2019, none of the warrants have been exercised. 21,000 shares fully exercised during the year ended December 31, 2020.    
Redeemable warrant per share             $ 420    
Issued warrants             2,120 4,094  
Additional warrants modification expense             $ 58,363    
Fair value of options vested             12,159,652 $ 0  
Aggregate intrinsic value             $ 7,624,458 $ 0  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period         325,980 325,980     651,960
Director stock awards description             The Company issued 814,950 shares of its common stock on September 1, 2021 (“start date”) of which 651,960 shares shall be subject to vesting. The vesting shares shall be vested in accordance with the following vesting schedule: 162,990 vesting shares will vest every six-months for a two-year period from the start date, with the first vesting date being March 1, 2022. For the years ended December 31, 2021 and 2020, the Company recognized the amortization of stock compensation expense of $2,805,025 and $0, respectively. The remaining unamortized vesting expenses in 1.67 years which estimated with a cost of $3,429,342.    
Employee Stock [Member]                  
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]                  
Issuance of common stock shares             814,950 545,400  
Issuance of common stock value             $ 285,026 $ 473,503  
Director [Member]                  
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]                  
Shares issued for accrued salaries, shares             1,157,630 0  
Shares issued for accrued salaries, value             $ 960,834 $ 0  
Shares issued for accrued bonus, shares             450,000 0  
Shares issued for accrued bonus, value             $ 3,442,499 $ 0  
Staff [Member]                  
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]                  
Shares issued for accrued bonus, shares             9.300 0  
Shares issued for accrued bonus, value             $ 71,145 $ 0  
Board of Directors Chairman [Member]                  
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]                  
Independent shares             34,222    
Directors compensation value             $ 308,000    
Brugau Pte Ltd [Member]                  
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]                  
Common stock issued             5,700    
Cory Bentley [Member]                  
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]                  
Agreement value             $ 109,497