Commitments and contingencies (Details Narrative) - USD ($) |
12 Months Ended | |
---|---|---|
Dec. 31, 2024 |
Dec. 31, 2023 |
|
Utilised for issuance of bank guarantees | $ 183,000 | $ 355,000 |
Tangible net worth | 3,846,000 | |
Banking facilities available for overdraft and import and export credits | 897,000 | 897,000 |
Secured by bank deposit | $ 897,000 | $ 897,000 |
Volatility rate | 102.39% | |
Weighted average interest rate | 7.12% | 7.02% |
Bank borrowings | $ 154,000 | $ 293,000 |
Average interest rates | 7.12% | 7.02% |
Lack of marketability medium discount | 15.70% | |
Description of earnings ratio price | Median price to earnings ratio of similar companies of 23,965 (Range 4,7288 to 36,7237) | |
Average life of a company | 21 years | |
Options useful life | 20 years | |
Risk-free rate | 2.69% | |
Dividend yield rate | 0.00% | |
Useful life | 20 years | |
Strike price of options value | $ 0 | |
Fair value of options | $ 0 | |
Pact Asia Pacific Limited | ||
Risk-free rate | 3.95% | |
Useful life | 20 years |