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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF OPERATING AND RENEWED LEASE TERMS RENTAL

 

Office Location   Lease Term as of December 31, 2024
Singapore - AI   June 2023 to May 2026
Singapore – F&B   October 2024 to September 2027
Singapore – Hapi Cafe   July 2024 to June 2026
South Korea - Hapi Café   August 2022 to August 2025
South Korea - HWH World   August 2022 to July 2025
Bethesda, Maryland, USA   April 2024 to March 2027
China - Office   March 2023 to March 2027
China - Shop   June 2024 to April 2029
Taiwan - Cafe   May 2024 to October 2027
Taiwan - Office   August 2024 to August 2026
SCHEDULE OF LEASE PAYMENTS

The table below summarizes future payments due under these leases as of December 31, 2024.

 

For the Years Ended December 31:

 

      
2025  $823,069 
2026   532,560 
2027   229,286 
2028   30,994 
2029   10,498 
Total Minimum Lease Payments   1,626,407 
Less: Effect of Discounting   (101,238)
Present Value of Future Minimum Lease Payments   1,525,169 
Less: Current Obligations under Leases   (531,885)
Long-term Lease Obligations  $993,284