XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 56,329 $ 29,658
Accounts receivable, net 774,146 521,618
Note receivable - related party 227,877
Prepaid expenses and other current assets 150,272 5,761
Total Current Assets 980,747 784,914
Fixed assets, net 34,165 36,373
Intangible assets, net 1,206,966 444,584
Goodwill 5,863,058
Restricted cash 114,199 28,746
Long-term investment 40,603
Deferred tax assets 116,111
Right-of-use asset 112,076 126,118
Long-term taxes receivable 122,136 316,525
Other assets 3,137 3,196
Total Non-current Assets 7,571,848 996,145
TOTAL ASSETS 8,552,595 1,781,059
Current Liabilities:    
Accounts payable and accrued expenses 2,146,015 1,163,505
Cash overdraft 218,747 188,721
Accrued payroll and related taxes 412,144 327,084
Accrued taxes and duties payable 72,169 46,577
Deferred revenue 3,831
Derivative liability 1,152,620
Contingent consideration - Rohuma 1,383,954
Contingent consideration - Mimo 656,179
Current portion - lease liability 13,071 8,779
Current portion - long-term debt - related parties 3,892,463 1,843,399
Current portion - long-term debt 218,972 133,761
Current portion - convertible notes payable, net of discounts 654,851
Current portion - convertible debt - long-term debt - related and unrelated parties 241,334
Total Current Liabilities 10,825,016 3,953,160
Long-term debt, net of current portion 36,052 59,856
Long-term debt - related parties, net of current portion
Lease liability, net of current portion 109,830 125,219
Total Non-current Liabilities 145,882 185,075
Total Liabilities 10,970,898 4,138,235
Commitments and contingencies
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, par value, $0.0001, 10,000,000 shares authorized, Series A Convertible Preferred, 0 and 50,000 shares issued and outstanding, respectively 5
Common stock, par value, $0.0001, 300,000,000 shares authorized, 4,171,638 and 3,412,281 issued and outstanding, respectively 417 341
Additional paid in capital 6,508,931 119,650
Accumulated deficit (8,953,768) (2,504,893)
Accumulated other comprehensive income (loss) 30,605 27,721
Total Stockholders’ Equity (Deficit) before Non-controlling Interest (2,413,815) (2,357,176)
Non-controlling interest (4,488)
Total Stockholders’ Equity (Deficit) (2,418,303) (2,357,176)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 8,552,595 $ 1,781,059