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INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

As of September 30, 2023, and December 31, 2022, trademarks consisted of the following:

 

   September 30,   December 31, 
   2023   2022 
Trademarks:          
NewzMineTM  $11,494   $9,920 
Citizens Journalist™   25,367    25,367 
Effects of currency translation   (3,204)   (3,461)
   $33,657   $31,826 
SCHEDULE OF INTANGIBLE ASSETS

As of September 30, 2023, and December 31, 2022, intangible assets consisted of the following:

 

   Patents   Trademarks  

Intellectual

Property

  

Capitalized

Acquisition

Costs

   Total 
Cost                         
At December 31, 2022  $168,300   $31,826   $2,764,198   $45,745   $3,010,069 
Additions   20,361    1,574    -    -    21,935 
Effects of currency translation   1,362    257    22,388    -    24,007 
At September 30, 2023  $190,023   $33,657   $2,786,586   $45,745   $3,056,011 
                          
Less accumulated amortization                         
At December 31, 2022  $4,947   $-   $1,674,551   $4,576   $1,684,074 
Amortization expense   37,272    -    128,642    1,716    167,630 
Effects of currency translation   40    -    13,563    -    13,603 
At September 30, 2023  $42,259   $-   $1,816,756   $6,292   $1,865,307 
                          
Net book value                         
At September 30, 2023  $147,764   $33,657   $969,830   $39,453   $1,190,704 
At December 31, 2022  $163,353   $31,826   $1,089,647   $41,169   $1,325,995 
SCHEDULE OF AMORTIZATION EXPENSE

 

           Capitalized     
       Intellectual   Acquisition     
Nine months ended September 30,  Patents   Property   Costs   Total 
Three months 2023  $1,847   $34,637   $572   $37,056 
2024   7,388    138,547    2,888    148,823 
2025   7,388    138,547    2,888    148,823 
2026   7,388    138,547    2,888    148,823 
2027   7,388    138,547    2,888    148,823 
2028   7,388    138,547    2,888    148,823 
Thereafter   108,977    242,458    27,441    378,876 
Finite-Lived Intangible Assets, Net  $147,764   $969,830   $39,453   $1,157,047