Acquisitions (Tables)

12 Months Ended

Dec. 31, 2024

Acquisitions

Schedule of Purchase Consideration to the Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the purchase consideration to the fair value of the assets acquired and liabilities assumed:

Consideration
Cash	$	500,000
Present value of balance due		1,395,348
	$	1,895,348
Recognized amounts of identifiable assets acquired and    liabilities assumed
Cash and cash equivalents	$	378,152
Accounts receivable		460,165
Other current assets		184,457
Property and equipment		821,926
Right of use assets		592,304
Financial liabilities		(1,248,699	)
Right of use liabilities		(677,163	)
Total identifiable net assets		511,142
Noncontrolling interest		(1,821,021	)
Goodwill		3,205,227
	$	1,895,348

Schedule of Change in Carrying Value of Goodwill

The changes to the carrying value of goodwill is as follows:

Balance as of October 31, 2023 (acquisition date)	$	3,205,227
Translation adjustment		61,876
Balance as of December 31, 2023	$	3,267,103
Translation adjustment		(99,002	)
Balance as of December 31, 2024	$	3,168,101