XML 35 R23.htm IDEA: XBRL DOCUMENT v3.24.1.u1
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF TRADEMARKS

As of March 31, 2024, and December 31, 2023, trademarks consisted of the following:

 

   March 31,   December 31, 
   2024   2023 
Trademarks:          
NewzMineTM  $13,421   $12,994 
Citizens Journalist™   25,367    25,367 
Effects of currency translation   (2,088)   (1,804)
   $36,700   $36,558 
SCHEDULE OF INTANGIBLE ASSETS

As of March 31, 2024, and December 31, 2023, intangible assets consisted of the following:

 

   Patents   Trademarks  

Intellectual

Property

  

Capitalized

Acquisition

Costs

   Total 
Cost                         
At December 31, 2023  $220,926   $36,558   $3,109,540   $45,745   $3,412,769 
                          
Additions   15,139    427    -    -    15,566 
Effects of currency translation   (1,718)   (285)   (24,180)   -    (26,183)
At March 31, 2024  $234,347   $36,700   $3,085,360   $45,745   $3,402,152 
                          
Less accumulated amortization                         
At December 31, 2023  $8,541   $-   $1,940,736   $6,864   $1,956,141 
                          
Amortization expense   1,630    -    49,287    572    51,489 
Effects of currency translation   (70)   -    (15,089)   -    (15,159)
At March 31, 2024  $10,101   $-   $1,974,934   $7,436    1,992,471 
                          
Net book value                         
At March 31, 2024  $224,246   $36,700   $1,110,426   $38,309   $1,409,681 
At December 31, 2023  $212,385   $36,558   $1,168,804   $38,881   $1,456,628