Related Party Disclosures (Tables)

12 Months Ended

Dec. 31, 2023

Related Party Transactions [Abstract]

Summary of Transactions and outstanding balances of related parties

Transactions and outstanding balances of related parties were as follows:

Transactions during the year

	December 31, 2023		December 31, 2022
	(as restated)		(as restated)
Share Capital Issued at nominal value
DBLP Sea Cow (2) (number of ordinary shares issued    in 2–23 – Nil and 2–22 – 27,246,461)	$	—	$	3,225
Loans Repaid
DBLP Sea Cow (2)		250,000		—
Convertible Loans taken
Steve Perry		132,269		—
Loans Taken
Dan Wagner		191,405		—
Igor Lychagov		5,587,343		—
Managerial remuneration
Key Management Personnel
Dan Wagner		296,067		298,654
Salman Ahmad		222,535		207,395
Richard Burchill		271,395		273,761
Sauvik Banerjee		393,440		188,972
		1,183,437		968,782
Sales and marketing		393,440		188,972
General and Administrative		789,997		779,810
		1,183,437		968,782
Share-based compensation
DBLP Sea Cow (2)		756,944		33,374,018
Richard Burchill		1,326,703		—
Steve Perry		—		2,449,787
Peter Vesco		60,556		—
Arthur Yao (1)		60,556		—
Sauvik Banerjee		842,746		—
Derek Smith		—		3,677,896
		3,047,505		39,501,701
Sales and marketing		963,858		—
General and Administrative		2,083,647		39,501,701
		3,047,505		39,501,701

	December 31, 2023		December 31, 2022
	(as restated)		(as restated)
Consulting fees
DBLP Sea Cow (2)		300,000		300,000
Peter Vesco		414,926		380,805
Arthur Yao (1)		300,000		300,000
		1,014,926		980,805
Sales and marketing		714,926		680,805
General and Administrative		300,000		300,000
		1,014,926		980,805
Director remuneration
Sir David Wright		92,521		87,107
Anthony Sharp		380,084		376,428
Steve Perry		92,521		93,329
Derek Smith		92,521		93,329
		657,647		650,193
Sales and marketing		—		—
General and Administrative		657,647		650,193
		657,647		650,193
Management remuneration
Sales and marketing		2,072,224		869,777
General and Administrative		3,831,291		41,231,704
		5,903,515		42,101,481
Business development expenses
Rezolve China (3)		777,161		7,136,168

(2)DBLP Sea Cow Ltd. (a company incorporated in the Seychelles) (“DBLP Sea Cow”) is wholly legally owned by Dan Wagner, Chief Executive Officer of Rezolve.

(3)The Company has expensed all cash transferred to its subsidiary Rezolve China. Please refer to the basis of presentation discussed in note 2.1.

Summary of Outstanding balances as at reporting date

Outstanding balances as at reporting date

	December 31, 2023		December 31, 2022
	$ (as restated)		$ (as restated)
Short term debt to related party
DBLP Sea Cow (2)		447,067		697,067
Dan Wagner		191,405		—
Igor Lychagov		5,587,343		—
		6,225,815		697,067

	December 31, 2023		December 31, 2022
	$ (as restated)		$ (as restated)
Due to related party
DBLP Sea Cow (2)		350,000		225,000
Dan Wagner		147,605		172,476
Richard Burchill		—		535
Arthur Yao		61,945		51,414
Peter Vesco		31,248		42,906
Steve Perry		1,133		—
Sauvik Banerjjee		58,320		—
Anthony Sharp		127,325		129,460
		777,576		621,791
Short term convertible debt
Steve Perry		132,269		—
Share Subscription Receivables
Dan Wagner		111,845		111,845
DBLP Sea Cow (2)		7,999		7,999
		119,844		119,844

DBLP Sea Cow Ltd. (a company incorporated in the Seychelles) (“DBLP Sea Cow”) is wholly legally owned by Dan Wagner, Chief Executive Officer of Rezolve.