XML 180 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Changes in Shareholders' Deficit - USD ($)
Common Stock [Member]
Common Class A [Member]
InFint Acquisition Corporation [Member]
Common Stock [Member]
Common Class B [Member]
InFint Acquisition Corporation [Member]
Common Stock [Member]
Previously Reported [Member]
Common Stock [Member]
Revision of Prior Period, Adjustment [Member]
Common Stock [Member]
Common Stock [Member]
Seamless Group Inc [Member]
Additional Paid-in Capital [Member]
InFint Acquisition Corporation [Member]
Additional Paid-in Capital [Member]
Previously Reported [Member]
Additional Paid-in Capital [Member]
Revision of Prior Period, Adjustment [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Seamless Group Inc [Member]
Retained Earnings [Member]
InFint Acquisition Corporation [Member]
Retained Earnings [Member]
Previously Reported [Member]
Retained Earnings [Member]
Revision of Prior Period, Adjustment [Member]
Retained Earnings [Member]
Retained Earnings [Member]
Seamless Group Inc [Member]
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Previously Reported [Member]
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Revision of Prior Period, Adjustment [Member]
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Seamless Group Inc [Member]
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Previously Reported [Member]
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Revision of Prior Period, Adjustment [Member]
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member]
Seamless Group Inc [Member]
Total Shareholders' Deficit [Member]
Previously Reported [Member]
Total Shareholders' Deficit [Member]
Revision of Prior Period, Adjustment [Member]
Total Shareholders' Deficit [Member]
Total Shareholders' Deficit [Member]
Seamless Group Inc [Member]
Noncontrolling Interest [Member]
Previously Reported [Member]
Noncontrolling Interest [Member]
Revision of Prior Period, Adjustment [Member]
Noncontrolling Interest [Member]
Noncontrolling Interest [Member]
Seamless Group Inc [Member]
Common Class A [Member]
InFint Acquisition Corporation [Member]
Common Class B [Member]
InFint Acquisition Corporation [Member]
InFint Acquisition Corporation [Member]
Previously Reported [Member]
Revision of Prior Period, Adjustment [Member]
Total
Seamless Group Inc [Member]
Balance at Dec. 31, 2021 $ 583       $ 58,030       $ 29,172,373 $ (4,442,807)       $ (60,090,694)       $ 52,457             $ (30,807,834)       $ 22,714,083     $ (4,442,224)       $ (8,093,751)
Balance, shares at Dec. 31, 2021 5,833,083       58,030,000                                                                  
Accretion of Class A ordinary shares to redemption value         (2,999,982)         (2,934,116)                                             (5,934,098)        
Contribution for extension         2,999,982                                                     2,999,982        
Net income (loss)             (1,111,964)       (16,678,135)                   (16,678,135)       952,422 $ 860,883 $ 251,081 (1,111,964)       (15,725,713) [1]
Foreign currency translation adjustments                                 (11,360)             (11,360)       13,762             2,402
Acquisition of a subsidiary                                 (304)       20,505       20,201       973,494             993,695
Dividend to non-controlling interests                                                   (1,912,012)             (1,912,012)
Balance at Dec. 31, 2022 $ 583 $ 58,030 $ (54,632) [2] $ 3,398 $ 58,030 $ 29,172,373 $ 54,632 [2] $ 29,227,005 29,172,373 (8,488,887) $ (76,768,829) [2] $ (76,768,829) (76,768,829) $ 40,793 [2] $ 40,793 40,793 $ 20,505 [2] $ 20,505 20,505 $ (47,477,128) [2] $ (47,477,128) (47,477,128) $ 22,741,749 [2] $ 22,741,749 22,741,749     (8,488,304) $ (24,735,379) [2] $ (24,735,379) (24,735,379) [3]
Balance, shares at Dec. 31, 2022 5,833,083 58,030,000 (24,049,247) [2] 33,980,753 58,030,000                                                                  
Net income (loss)                         (3,543,442)                   (3,543,442)       203,635             (3,339,807)  
Foreign currency translation adjustments                               597,714       (692)       597,022       (12,469)             584,553  
Balance at Mar. 31, 2023         $ 3,398         29,227,005         (80,312,271)       638,507       19,813       (50,423,548)       22,932,915             (27,490,633)  
Balance, shares at Mar. 31, 2023         33,980,753                                                                    
Balance at Dec. 31, 2022 $ 583 $ 58,030 $ (54,632) [2] $ 3,398 $ 58,030 29,172,373 54,632 [2] 29,227,005 29,172,373 (8,488,887) (76,768,829) [2] (76,768,829) (76,768,829) 40,793 [2] 40,793 40,793 20,505 [2] 20,505 20,505 (47,477,128) [2] (47,477,128) (47,477,128) 22,741,749 [2] 22,741,749 22,741,749     (8,488,304) (24,735,379) [2] (24,735,379) (24,735,379) [3]
Balance, shares at Dec. 31, 2022 5,833,083 58,030,000 (24,049,247) [2] 33,980,753 58,030,000                                                                  
Net income (loss)                                                                           (10,447,097)  
Balance at Sep. 30, 2023         $ 3,398         29,227,005         (87,680,088)       444,819       19,815       (57,985,051)       23,191,088             (34,793,963)  
Balance, shares at Sep. 30, 2023         33,980,753                                                                    
Balance at Dec. 31, 2022 $ 583 $ 58,030 $ (54,632) [2] $ 3,398 $ 58,030 29,172,373 54,632 [2] 29,227,005 29,172,373 (8,488,887) (76,768,829) [2] (76,768,829) (76,768,829) 40,793 [2] 40,793 40,793 20,505 [2] 20,505 20,505 (47,477,128) [2] (47,477,128) (47,477,128) 22,741,749 [2] 22,741,749 22,741,749     (8,488,304) (24,735,379) [2] (24,735,379) (24,735,379) [3]
Balance, shares at Dec. 31, 2022 5,833,083 58,030,000 (24,049,247) [2] 33,980,753 58,030,000                                                                  
Accretion of Class A ordinary shares to redemption value         (2,540,000)         (5,175,207)                                             (7,715,207)        
Contribution for extension         2,540,000                                                     2,540,000        
Net income (loss)             3,147,500       (15,306,550)                   (15,306,550)       888,764 $ (2,003,234) $ (1,165,646) 3,147,500       (14,417,786)
Foreign currency translation adjustments                                 27,758             27,758       (17,150)             10,608
Remeasurement for the year                                       (690)       (690)                   (690)
Balance at Dec. 31, 2023 $ 583 $ 58,030 $ (54,632) $ 3,398 $ 58,030 29,172,373 54,632 29,227,005 29,172,373 (10,516,594) (92,075,379) (92,075,379) (92,075,379) 68,551 68,551 68,551 19,815 19,815 19,815 (62,756,610) (62,756,610) (62,756,610) 23,613,363 23,613,363 23,613,363     (10,516,011) (39,143,247) (39,143,247) (39,143,247)
Balance, shares at Dec. 31, 2023 5,833,083 58,030,000 (24,049,247) [2] 33,980,753 58,030,000                                                                  
Balance at Mar. 31, 2023         $ 3,398         29,227,005         (80,312,271)       638,507       19,813       (50,423,548)       22,932,915             (27,490,633)  
Balance, shares at Mar. 31, 2023         33,980,753                                                                    
Net income (loss)                         (3,537,372)                   (3,537,372)       245,194             (3,292,178)  
Foreign currency translation adjustments                               (188,280)       2       (188,278)       7,851             (180,427)  
Balance at Jun. 30, 2023         $ 3,398         29,227,005         (83,849,643)       450,227       19,815       (54,149,198)       23,185,960             (30,963,238)  
Balance, shares at Jun. 30, 2023         33,980,753                                                                    
Net income (loss)                         (3,830,445)                   (3,830,445)       15,333             (3,815,112)  
Foreign currency translation adjustments                               (5,408)             (5,408)       (10,205)             (15,613)  
Balance at Sep. 30, 2023         $ 3,398         29,227,005         (87,680,088)       444,819       19,815       (57,985,051)       23,191,088             (34,793,963)  
Balance, shares at Sep. 30, 2023         33,980,753                                                                    
Balance at Dec. 31, 2023 $ 583 $ 58,030 $ (54,632) $ 3,398 $ 58,030 29,172,373 54,632 29,227,005 29,172,373 (10,516,594) (92,075,379) (92,075,379) (92,075,379) 68,551 68,551 68,551 19,815 19,815 19,815 (62,756,610) (62,756,610) (62,756,610) 23,613,363 23,613,363 23,613,363     (10,516,011) (39,143,247) (39,143,247) (39,143,247)
Balance, shares at Dec. 31, 2023 5,833,083 58,030,000 (24,049,247) [2] 33,980,753 58,030,000                                                                  
Net income (loss)                         (3,034,984)                   (3,034,984)       403,056             (2,631,928)  
Foreign currency translation adjustments                               363,393             363,393       4,742             368,135  
Balance at Mar. 31, 2024         $ 3,398         29,227,005         (95,110,363)       431,944       19,815       (65,428,201)       24,021,161             (41,407,040)  
Balance, shares at Mar. 31, 2024         33,980,753                                                                    
Balance at Dec. 31, 2023 $ 583 $ 58,030 $ (54,632) $ 3,398 $ 58,030 $ 29,172,373 $ 54,632 29,227,005 $ 29,172,373 $ (10,516,594) $ (92,075,379) (92,075,379) $ (92,075,379) $ 68,551 68,551 $ 68,551 $ 19,815 19,815 $ 19,815 $ (62,756,610) (62,756,610) $ (62,756,610) $ 23,613,363 23,613,363 $ 23,613,363     $ (10,516,011) $ (39,143,247) (39,143,247) $ (39,143,247)
Balance, shares at Dec. 31, 2023 5,833,083 58,030,000 (24,049,247) [2] 33,980,753 58,030,000                                                                  
Net income (loss)                                                                           (11,260,691)  
Balance at Sep. 30, 2024         $ 4,653         57,056,967         (103,857,748)       (178,400)       19,815       (46,954,713)       24,219,767             (22,734,946)  
Balance, shares at Sep. 30, 2024         46,527,999                                                                    
Balance at Mar. 31, 2024         $ 3,398         29,227,005         (95,110,363)       431,944       19,815       (65,428,201)       24,021,161             (41,407,040)  
Balance, shares at Mar. 31, 2024         33,980,753                                                                    
Net income (loss)                         (3,814,177)                   (3,814,177)       206,839             (3,607,338)  
Foreign currency translation adjustments                               (496,161)             (496,161)       10,058             (486,103)  
Disposal of subsidiaries                         27,798                   27,798                   27,798  
Balance at Jun. 30, 2024         $ 3,398         29,227,005         (98,896,742)       (64,217)       19,815       (69,710,741)       24,238,058             (45,472,683)  
Balance, shares at Jun. 30, 2024         33,980,753                                                                    
Net income (loss)                         (4,961,006)                   (4,961,006)       (60,419)             (5,021,425)  
Foreign currency translation adjustments                               (114,183)             (114,183)       42,128             (72,055)  
Share-based compensation         $ 396         13,137,454                           13,137,850                   13,137  
Share-based compensation, shares         3,964,324                                                                    
Issuance of share capital (before Business Combination)         $ 206         24,349,795                           24,350,001                   24,350,001  
Issuance of share capital (before Business Combination), shares         2,054,923                                                                    
Business Combination and PIPE Financing         $ 653         (9,657,287)                           (9,656,634)                   (9,656,634)  
Business Combination and PIPE Financing, shares         6,527,999                                                                    
Balance at Sep. 30, 2024         $ 4,653         $ 57,056,967         $ (103,857,748)       $ (178,400)       $ 19,815       $ (46,954,713)       $ 24,219,767             $ (22,734,946)  
Balance, shares at Sep. 30, 2024         46,527,999                                                                    
[1] Periods presented have been adjusted. Additional information regarding the adjustment may be found in Note 3 - Restatement of Previously Issued Financial Statements, included elsewhere in the notes to the financial statements.
[2] Retrospectively restated to reflect Reverse Recapitalization - see Note 2.
[3] Periods presented have been adjusted. Additional information regarding the adjustment may be found in Note 3 - Restatement of Previously Issued Financial Statements, included elsewhere in the notes to the financial statements.