v3.25.1
General and Administration Expenses - Schedule of General and Administration Expenses (Details) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
General and Administration Expenses [Abstract]    
Legal and professional $ 9,910,704 $ 6,795,869
Sales and marketing 3,125,116 3,855,029
Employees’ cost 2,957,573 2,741,321
Legal settlement [1] 2,041,928
Write-off of other receivables (Note 11) 272,257
Board fees and expenses 243,750 392,448
Office expenses 235,284 203,098
Insurance 189,568 895,157
Rent 13,651 2,836
(Reversal) / provision of expected credit loss on trade accounts receivables (Note 11) (3,162,470) 18,202,132
Write-off of advances to contractor (Note 14) 15,006,262
SEC settlement charges (Note 16) 5,000,000
Write-off of trade accounts receivables (Note 11) 927,519
Others 47,550 54,015
Total General and Administration Expenses $ 15,874,911 $ 54,075,686
[1] During 2024, the Company was unable to provide the allocated storage capacity by the agreed-upon date due to delays from another customer in taking his product. This resulted in a claim of USD 2,041,928, which was settled under a Settlement Agreement. This expense reflects the Company’s commitment to resolving operational challenges and maintaining strong customer relationships.