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DISCONTINUED OPERATIONS AND DECONSOLIDATION
12 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS AND DECONSOLIDATION

NOTE 17 – DISCONTINUED OPERATIONS AND DECONSOLIDATION

 

As of December 31, 2025, Jubilee is no longer a wholly-owned subsidiary of the Company and has been deconsolidated as of December 31, 2025. The assets and liabilities associated with this business were displayed as assets and liabilities from discontinued operations as of December 31, 2024. Additionally, the revenues and costs associated with this business are displayed as losses from discontinued operations for the year ended December 31, 2024.

 

Total assets and liabilities included in discontinued operations were as follows:

  

   December 31,
2025
   December 31,
2024
 
Assets from Discontinued Operations:          
Cash  $   $33 
Accounts receivable        
Total assets from discontinued operations  $   $33 
           
Liabilities from Discontinued Operations:          
Accounts payable and accruals  $   $130,838 
Loan payable       26,161 
Due to a related party       146,242 
Total liabilities from discontinued operations  $   $303,262 

 

In the statement of operations there is no reported gain on deconsolidated for the year ended December 31, 2025 due to the gain from deconsolidation netting against the previous loss incurred from discontinued operations resulting in zero financial impact on statement of operations.