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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net loss $ (885,097) $ (374,203)
Adjustment to reconcile consolidated net loss to net cash used in operating activities:    
Depreciation and amortization expense 196,221 111,206
Amortization of debt discount 129,882 63,162
Provision for credit losses 103,012
Amortization of right of use asset 205,790 7,684
Deferred taxation (12,342)
Changes in operating assets and liabilities    
Accounts receivable (93,139) 87,048
Prepaid expenses 3,547 5,910
Other current assets 32,229 (127)
Accounts payable and accrued liabilities 327,134 (56,642)
Related party accruals 47,758
Operating lease liabilities (128,411) 49,993
Net cash used in operating activities (73,416) (105,969)
Investing activities    
Acquisition of Aria Kentucky, net of cash of $299,492 49,492
Deposits paid (24,713) (20,000)
Purchase of property and equipment (12,627) (32,462)
Net cash provided by (used in) investing activities 12,152 (52,462)
Financing activities    
Repayment of assumed liability (76,172)
Repayment of bank loans (25,000)
Proceeds from receivables funding 667,875
Repayment of receivables funding (486,509) (146,067)
Repayment of promissory notes (30,000)
Proceeds from short-term notes 302,000
Repayment of government assistance loans (3,748)
Repayment of finance leases (2,199) (2,069)
(Repayment) proceeds from related parties (21,429) 87,898
Net cash provided by financing activities 26,566 238,014
Effect of exchange rate on cash 373 (10,659)
Net change in cash (34,325) 68,924
Beginning cash balance 244,771 68,573
Ending cash balance 210,446 137,497
Supplemental cash flow information    
Cash paid for interest 98,056 3,488
Cash paid for income taxes
Non- cash investing and financing activities    
Present value of operating lease liability and operating lease right of use assets recognized in connection with lease commencement 1,149,642
Present value of operating lease liability and operating lease right of use assets recognized in connection with lease commencement- Related party 7,622,084
Common shares cancelled 27,700
Bank loan proceeds applied directly to settle seller’s debt in connection with acquisition 4,250.00
Related party loan proceeds applied directly to seller’s debt in connection with acquisition $ 66,741