XML 42 R31.htm IDEA: XBRL DOCUMENT v3.22.1
ACQUISITIONS (Tables)
 12 Months Ended
Dec. 31, 2021
Business Acquisition [Line Items]  
SCHEDULE OF PROFORMA FOR BUSINESS ACQUISITION

 

  

For the

year ended December 31, 2021

  

For the

year ended

December 31, 2020

 
Revenues  $2,748,262   $1,397,940 
Net income (loss)  $(6,505,299)  $(1,284,804)
Net income (loss) per share  $(1.68)  $(0.40)
Rohuma, LLC [Member]  
Business Acquisition [Line Items]  
SCHEDULE OF BUSINESS ACQUISITION

The Company acquired the assets and liabilities noted below in exchange for the shares noted herein and accounted for the acquisition in accordance with ASC 805.

 

 

      
Cash  $6,027 
Accounts receivables, net   4,179 
Prepaid expenses and other current assets   8,943 
Fixed assets   4,512 
Investment   1,440 
Accounts payable and accrued expenses   (58,153)
Accrued duties and taxes   (2,688)
Cash overdraft   (2,980)
Debt- related parties   (37,776)
Debt   (10,000)
Net assets and liabilities acquired  $(86,496)
MIMO Technologies PVT Ltd [Member]  
Business Acquisition [Line Items]  
SCHEDULE OF BUSINESS ACQUISITION

The Company acquired the assets and liabilities noted below in exchange for the warrants noted herein and accounted for the acquisition in accordance with ASC 805.

 

      
Cash  $43,851 
Accounts receivables, net   58,692 
Prepaid expenses and other current assets   272,872 
Fixed assets   153,186 
Intellectual property   508,669 
Tradenames   169,556 
Accounts payable and accrued expenses   (708,833)
Accrued payroll and related taxes   (104,750)
Accrued duties and taxes   (28,213)
Comprehensive income   (42,735)
Debt – related parties   (343,118)
Debt   (236,712)
Net assets and liabilities acquired  $(257,535)