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LEASES (Tables)

12 Months Ended

Dec. 31, 2021

Leases

SCHEDULE OF LEASE COSTS, LEASE TERM AND DISCOUNT

The components of lease costs, lease term and discount rate are as follows:

 SCHEDULE OF LEASE COSTS, LEASE TERM AND DISCOUNT

		In thousand of US dollars
		December 31, 2021
Operating lease cost:
Vehicles			72
Office space :
Over 12 month			53
Short term leases			46
			171
Remaining Lease Term
Vehicles			2.01 years
Weighted Average Discount Rate
Vehicles			10	%

SCHEDULE OF OPERATING LEASE MATURITY PAYMENTS

The following is a schedule, by years, of maturities of operating lease liabilities as of December 31, 2021:

 SCHEDULE OF OPERATING LEASE MATURITY PAYMENTS

		In thousand of US dollars
		December 31, 2021
Period:
2022			24
2023			20
Total operating lease payments			44
Less: imputed interest			4
Present value of lease liabilities			40

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- References

No definition available.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980

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