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Condensed Statements of Cash Flows - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:        
Net loss $ (11,260,691) $ (10,447,097)    
Adjustments to reconcile net loss to net cash provided by operating activities:        
Non-cash expense for share-based compensation 13,137,850    
Non-cash expense for share issued for service providers 1,000,000    
Non-cash offering costs for convertible note 2,512,000    
Non-cash finance cost for debt conversion 340,159    
Amortization of discount on convertible bonds 801,692    
Depreciation of equipment and software 420,642 466,229    
Depreciation of right-of-use assets 131,378 132,117    
Amortization of intangible assets 2,184,996 2,292,031    
Goodwill impairment 1,657    
Deferred income taxes (119,078)    
Disposal of subsidiaries including gain (21,737,480)    
Unrealized foreign exchange loss/(gain) 1,586,780 101,609    
Changes in operating assets and liabilities:        
Accounts receivable (147,011) 568,655    
Prepayments, receivables and other assets 6,093,059 8,531,594    
Escrow money payable 10,373 101,382    
Client money payable (416,198) (801,190)    
Accounts payable, accruals and other payables (9,028,919) (11,826,195)    
Amount due from a director 1,427,640    
Amounts due from related parties (1,842,634) (2,416,376)    
Amounts due to related parties 4,034,054 (1,147,877)    
Interest payable on convertible bonds 2,798,675    
Net cash (used in)/provided by operating activities (11,671,423) (10,844,751)    
Cash flows from investing activities:        
Decrease in short-term investments (365,224) (174,303)    
Net cash provided by/(used in) investing activities (365,224) (174,303)    
Cash flows from financing activities:        
Proceeds from convertible note 1,750,000    
(Decrease) increase in bank overdrafts 568,100    
Proceeds from borrowings 640,145 1,250,741    
Repayment of borrowings (220,986) (1,492,925)    
Proceeds from receivable factoring 1,604,828 1,580,109    
Repayment of receivable factoring (1,452,946) (1,908,489)    
Payment of principal elements of lease liabilities (136,094) (126,520)    
Payment of interest elements of lease liabilities (5,842) (19,082)    
Net cash used in financing activities 2,179,105 (148,066)    
Net (decrease)/increase in cash and cash equivalents (9,857,542) (11,167,120)    
Cash and cash equivalents, restricted cash and escrow money receivable at beginning of year 58,960,384 73,999,703 $ 73,999,703  
Cash and cash equivalents, restricted cash and escrow money receivable at end of year 49,102,842 62,832,583 58,960,384 $ 73,999,703
Supplemental disclosure of cash flow information:        
Income taxes received/(paid) (345,550) (30,151)    
Interest paid (972,448) (1,169,664)    
Supplemental disclosure of non-cash investing and financing activities:         
Net liabilities assumed upon Closing of Business Combination 12,168,598    
Issuance of Common stock upon acquisition of equity interest 5,348,515    
Issuance of Common stock upon conversion of convertible bond 17,001,486    
InFint Acquisition Corporation [Member]        
Cash flows from operating activities:        
Net loss     3,147,500 (1,111,964)
Adjustments to reconcile net loss to net cash provided by operating activities:        
Interest earned on securities held in Trust Account     (5,175,207) (2,932,192)
Changes in operating assets and liabilities:        
Prepaid insurance     94,553 509,554
Accrued expenses     1,190,376 2,711,299
Accrued expenses - related party     189,820 66,587
Net cash (used in)/provided by operating activities     (552,958) (756,716)
Cash flows from investing activities:        
Cash withdrawn from Trust Account in connection with redemption     133,124,975
Decrease in short-term investments     (2,540,000) (2,999,982)
Net cash provided by/(used in) investing activities     130,584,975 (2,999,982)
Cash flows from financing activities:        
Redemption of Class A ordinary shares     (133,124,975)
Contribution for extension     2,540,000 2,999,982
Proceeds from working capital loan- related party     325,000
Net cash used in financing activities     (130,259,975) 2,999,982
Net (decrease)/increase in cash and cash equivalents     (227,958) (756,716)
Cash and cash equivalents, restricted cash and escrow money receivable at beginning of year 43,509 271,467 271,467 1,028,183
Cash and cash equivalents, restricted cash and escrow money receivable at end of year     43,509 271,467
Supplemental disclosure of non-cash investing and financing activities:         
Accretion of Class A ordinary shares to redemption value     7,715,207 5,934,098
Seamless Group Inc [Member]        
Cash flows from operating activities:        
Net loss     (14,417,786) (15,725,713) [1]
Adjustments to reconcile net loss to net cash provided by operating activities:        
Amortization of discount on convertible bonds     807,860 3,438,950 [1]
Depreciation of equipment and software     607,138 701,262 [1]
Depreciation of right-of-use assets     183,198 170,443 [1]
Amortization of intangible assets     3,200,843 3,525,388 [1]
Step acquisition of a subsidiary     (2,129,515) [1]
Deferred income taxes     494,737 113,782 [1]
Gain on disposal of fixed assets     (36,519) [1]
Unrealized foreign exchange loss/(gain)     (65,981) 543,277 [1]
Changes in operating assets and liabilities:        
Accounts receivable     605,202 255,732 [1]
Prepayments to remittance agents     (45,631) [1]
Amounts due to immediate holding company     (391,432) [1]
Amounts due from related parties     (5,348,525) (3,418,880) [1]
Prepayments, receivables and other assets     2,502,972 (5,796,690) [1]
Escrow money payable     80,006 94,918 [1]
Client money payable     (1,593,194) 544,998 [1]
Accounts payable, accruals and other payables     4,827,110 12,249,700 [1]
Amounts due to related parties     3,149,825 38,769,225 [1]
Lease liabilities     (192,097) (155,561) [1]
Net cash (used in)/provided by operating activities     (15,286,494) 8,681,916 [1]
Cash flows from investing activities:        
Purchases of property, plant and equipment     (291,856) (532,332) [1]
Proceed received from disposal of property, plant and equipment     36,679 [1]
Decrease in short-term investments     1,700,000 [1]
Acquisition of a subsidiary     (200,000) [1]
Net cash provided by/(used in) investing activities     1,444,823 (732,332) [1]
Cash flows from financing activities:        
Dividend paid     (1,912,014) [1]
(Decrease) increase in bank overdrafts     (27,861) [1]
Proceeds from borrowings     1,251,752 1,481,263 [1]
Repayment of borrowings     (2,212,067) (2,242,961) [1]
Proceeds from receivable factoring     2,210,415 3,230,844 [1]
Repayment of receivable factoring     (2,447,748) (2,796,291) [1]
Repayment of convertible bonds     (3,500,000) [1]
Payment of principal elements of lease liabilities     (61,048)
Net cash used in financing activities     (1,197,648) (5,767,020) [1]
Net (decrease)/increase in cash and cash equivalents     (15,039,319) 2,182,564 [1]
Cash and cash equivalents, restricted cash and escrow money receivable at beginning of year $ 58,960,384 $ 73,999,703 [1] 73,999,703 [1] 71,817,139 [1]
Cash and cash equivalents, restricted cash and escrow money receivable at end of year     58,960,384 73,999,703 [1]
Supplemental disclosure of cash flow information:        
Income taxes received/(paid)     761,333 (1,203,790) [1]
Interest paid     $ (1,819,174) $ (1,351,939) [1]
[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.