XML 20 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 63,188 $ 46,435
Accounts receivable, net of allowance for doubtful account of $2,887 and $7,545 as of December 31, 2024 and 2023. respectively 27,668 51,011
Inventory 17,605 4,699
Other current assets (Note 3) 188,071 148,749
Total Current assets 296,532 250,894
Non-current assets    
Operating lease right-of-use asset (Note 6) 94,471 116,548
Long term prepaid expenses 25,356 25,496
Property and equipment, net (Note 4) 43,146 55,473
Funds in respect of employee rights upon termination 53,840 56,558
Investment in non-consolidated entity (Note 10) 911,379
Intangible assets (Notes 7,9) 14,693,958 9,693,958
Total non-current assets 15,822,150 9,948,033
Total assets 16,118,682 10,198,927
Current Liabilities    
Short term credit 397,567
Accounts payable 109,649 106,964
Short term operating lease liability (Note 6) 82,054 56,245
Other current liabilities (Note 5) 675,124 554,928
Total Current Liabilities 1,264,394 718,137
Non-current Liabilities    
Liability for employee rights upon retirement 218,130 217,617
Long term loan from parent company (Note 11(2)) 2,646,135 2,012,339
Long term operating lease liability (Note 6) 6,839 49,411
Fair value of commitment to issue shares (Note 10) 439,690
Deferred tax liability (Note 7) 872,456 872,456
Total non-current liabilities 4,183,250 3,151,823
Total liabilities 5,447,644 3,869,960
Redeemable shares (Note 9) 5,000,000
Stockholders’ Equity (Note 10)    
Common stock $0.00001 par value, 750,000,000,000 shares authorized as of December 31, 2024 and December 31, 2023. 550,834,347,495 and 520,796,074,663 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 67,212,651 67,162,651
Additional paid-in capital (30,933,394) (33,985,758)
Treasury stock at cost – 20,000,000,000 shares of common stock (8,000,000) (8,000,000)
Proceeds on account of shares 1,570,173 450,000
Accumulated other comprehensive loss (6,552) (17,779)
Accumulated deficit (27,709,196) (23,015,196)
Total Company’s stockholders’ equity 2,137,182 2,597,418
Non-controlling interests 3,533,856 3,731,549
Total stockholders’ equity 5,671,038 6,328,967
Total liabilities and stockholders’ equity 16,118,682 10,198,927
Series A Preferred Stock [Member]    
Stockholders’ Equity (Note 10)    
Preferred stock, value $ 3,500 $ 3,500