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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
SCHEDULE OF EXCHANGE RATE

Exchange rate used for the translation as follows:

  

  

December 31,

2024

  

December 31,

2023

 
Spot          
USD to EUR  $0.9615   $0.9009 
USD to GBP  $0.8000   $0.7874 

 

  

December 31,

2024

  

December 31,

2023

 
Average          
USD to EUR  $0.9259   $0.9224 
USD to GBP  $0.7874   $0.8016 
SCHEDULE OF WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING BASIC AND DILUTED NET LOSS PER SHARE

The following is a reconciliation of the weighted average number of common shares outstanding used in calculating the basic and diluted net loss per share:

SCHEDULE OF WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING BASIC AND DILUTED NET LOSS PER SHARE  

       
   December 31, 
   2024   2023 
         
Weighted average shares outstanding – basic   1,751,132    2,891,144 
Warrants for noteholders and placement agents   44,217    - 
Warrants for equity investors   145,600    - 
Shares to be issued   40,410    - 
Weighted average shares outstanding – diluted   1,981,359    2,891,144 
SCHEDULE OF EARNINGS PER SHARE COMMON STOCK EQUIVALENTS ANTI DILUTIVE

As of December 31, 2024 and 2023, the Company excluded the common stock equivalents summarized below, which entitle the holders thereof to ultimately acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.

  

  

December 31,

2024

  

December 31,

2023

 
         
Convertible shares under notes payable    -    489,031 
Warrants for noteholders and placement agent    -    44,217 
Warrants for equity investors and placement agent    -    145,600 
Shares reserved for issuance for preferred units of Forever 8 Fund, LLC    -    43,000 
Convertible notes payable issued in acquisition of Forever 8 Fund, LLC    43,598    54,767 
Shares reserved for contingent consideration for acquisition of Forever 8 Fund, LLC    -    74,000 
Total common stock equivalents    43,598    850,615