XML 38 R13.htm IDEA: XBRL DOCUMENT v3.23.1
FIXED ASSETS
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
FIXED ASSETS

NOTE 6: FIXED ASSETS

 

As of December 31, 2021, all fixed assets were held by Rohuma, Mimo and TSP, and were sold as of December 31, 2022. The Company’s property and equipment, which is included in other assets – discontinued operations on the consolidated balance sheets, is as follows:

   

   December 31, 2022   December 31, 2021  

Estimated

Life

            
Property and equipment – TRAQ Pvt Ltd.  $-   $627,188   3 - 10 years
Property and equipment – Rohuma US   -    1,100   3 - 10 years
Property and equipment – Rohuma India   -    9,916   3 10 years
Property and Equipment – Mimo Technologies   -    7,342   310 years
Less: accumulated depreciation   -    (611,381)   
              
Net  $-   $34,165    

 

Depreciation expense for the years ended December 31, 2022 and 2021 was $20,615 and $13,366, respectively, and is included in loss from discontinued operations, after taxes on the consolidated statements of operations and comprehensive loss.