INTANGIBLE ASSETS (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2024

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF GOODWILL

As of December 31, 2022, the Company’s goodwill consisted of:

	Goodwill		Accumulated Impairment Losses			Currency Translation			Total
Balance at January 1, 2022	$	9,834,855	$	(8,225,862	)	$	(21,359	)	$	1,587,634
Impairment losses		—		(1,486,060	)		—			(1,486,060	)
Loss on currency translation		—		—			(101,574	)		(101,574	)
Balance at December 31, 2022		9,834,855		(9,711,922	)		(122,933	)		—

SCHEDULE OF INTANGIBLE ASSETS

As of September 30, 2024, the Company’s intangible assets consisted of:

Definite lived intangible assets
Balance at January 1, 2024	$	210,932
Amortization		(126,564	)
Balance at September 30, 2024	$	84,368

As of December 31, 2022, the Company’s indefinite lived intangible assets consisted of:

Indefinite lived intangible assets
Balance at January 1, 2022	$	6,375,492
Impairment losses		(5,967,602	)
Loss on currency translation		(407,890	)
Balance at December 31, 2022	$	—

As of December 31, 2023 and 2022, the definite lived intangible assets consisted of:        

Definite lived intangible assets
Balance at January 1, 2022	$	548,436
Amortization		(168,750	)
Balance at December 31, 2022	$	379,686
Amortization		(168,754	)
Balance at December 31, 2023	$	210,932

SCHEDULE OF FINITE LIVED INTANGIBLE ASSETS AMORTIZATION EXPENSE

The Company amortizes definite lived intangible assets on a straight-line basis over their estimated useful lives. Amortization expense of identified intangible assets based on the carrying amount as of December 31, 2023 is as follows:

Year ending December 31,
2024	$	168,750
2025		42,182
	$	210,932