Summary of significant accounting policies (Details Narrative)
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3 Months Ended |
12 Months Ended |
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Feb. 28, 2025
shares
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Feb. 10, 2025
USD ($)
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Aug. 30, 2024
USD ($)
shares
|
Aug. 21, 2024
$ / shares
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Jul. 29, 2023
$ / shares
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Jul. 29, 2022
USD ($)
shares
|
Sep. 13, 2018
$ / shares
shares
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Mar. 31, 2025
USD ($)
Segment
shares
|
Mar. 31, 2024
USD ($)
shares
|
Dec. 31, 2024
USD ($)
$ / shares
shares
|
Dec. 31, 2023
USD ($)
$ / shares
shares
|
Dec. 31, 2022
USD ($)
shares
|
Feb. 25, 2025
$ / shares
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Dec. 31, 2021
USD ($)
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Product Information [Line Items] |
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Cash balances |
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$ 62,300,000
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$ 63,800,000
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Working capital deficit |
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59,800,000
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57,900,000
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Net capital deficit |
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43,927,603
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$ 41,407,040
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41,756,058
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$ 39,143,247
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$ 24,735,379
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Net loss |
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4,487,358
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2,631,928
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38,826,762
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14,417,786
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Net cash used in operating activities |
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(1,487,912)
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(220,972)
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3,450,240
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(15,286,494)
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Net cash used in investing activities |
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$ 174,562
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11,443
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565,034
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(1,444,823)
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New issuance shares |
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$ 22,350,207
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Number of reportable segments | Segment |
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2
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Shares forfeited | shares |
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685,453
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Fair value of awards granted |
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$ 29,376,811
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$ 2,158,749
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$ 20,870,117
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Stock price at grant date | $ / shares |
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$ 6.22
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$ 6.22
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$ 1.49
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Share-based compensation expense |
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2,158,749
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20,869,721
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Accounts receivable credit loss |
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484,303
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187,462
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117,195
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Impairment charges on goodwill |
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14,941,955
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Asset impairment charges |
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5,400,000
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Advertising and promotion costs |
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784,818
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618,661
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Safeguarding assets |
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3,790,176
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1,983,116
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Safeguarding liabilities |
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3,790,176
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1,983,116
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Cash |
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62,300,298
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63,821,397
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48,516,765
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Net cash used in operating activities |
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1,487,912
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220,972
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(3,450,240)
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15,286,494
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Net cash provided by investing activities |
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(174,562)
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(11,443)
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(565,034)
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1,444,823
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Net cash used in financing activities |
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$ (141,611)
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$ (470,451)
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(2,016,549)
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1,197,648
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Expected Volatility, Minimum |
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26.65%
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26.65%
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Expected Volatility, Maximum |
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42.32%
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42.32%
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Expected Dividend Yield |
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0.00%
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0.00%
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Exercise Price | $ / shares |
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Weighted Average Fair Value | $ / shares |
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$ 5.75
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5.75
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Other assets |
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$ 1,086,316
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$ 1,094,379
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Convertible Debt Securities [Member] |
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Product Information [Line Items] |
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Convertible shares | shares |
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1,027,997
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2,604,554
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244,515
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2,523,557
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Accounts Receivable [Member] | Customer Concentration Risk [Member] | Four Customers [Member] |
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Product Information [Line Items] |
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Concentration of credit risk percentgae |
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64.90%
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53.00%
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Computer Software, Intangible Asset [Member] |
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Product Information [Line Items] |
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Intangible assets amortized period |
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5 years
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Developed Technologies [Member] |
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Product Information [Line Items] |
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Intangible assets amortized period |
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7 years
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Trade Names And Trademarks [Member] |
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Product Information [Line Items] |
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Intangible assets amortized period |
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10 years
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Business Combination Agreement [Member] |
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Product Information [Line Items] |
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Ordinary shares | shares |
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40,000,000
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Currenc at exchange after adjusting for per share repurchase | $ / shares |
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$ 0.650635750
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Seamless Group Inc [Member] |
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Product Information [Line Items] |
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Net capital deficit |
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$ 39,143,247
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24,735,379
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[1] |
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$ 8,093,751
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Net loss |
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14,417,786
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15,725,713
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[2] |
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Net cash used in operating activities |
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(15,286,494)
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8,681,916
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[2] |
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Net cash used in investing activities |
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$ (1,444,823)
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732,332
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[2] |
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Shares forfeited | shares |
320,071
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466,573
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77,261
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Fair value of awards granted |
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$ 2,695,334
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$ 310,292
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Stock price at grant date | $ / shares |
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$ 6.55
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$ 6.55
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Accounts receivable credit loss |
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$ 187,462
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117,195
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Advertising and promotion costs |
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784,818
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618,661
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Safeguarding assets |
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1,983,116
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5,787,354
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Safeguarding liabilities |
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1,983,116
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5,787,354
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Cash |
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48,516,765
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62,798,729
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[1] |
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Working capital deficit |
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70,500,000
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Net capital deficit |
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36,200,000
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Net cash used in operating activities |
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15,286,494
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(8,681,916)
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[2] |
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Net cash provided by investing activities |
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1,444,823
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(732,332)
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[2] |
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Net cash used in financing activities |
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1,197,648
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5,767,020
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[2] |
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Outstanding balance of convertible bond |
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$ 10,000,000
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10,000,000
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Expected Volatility, Minimum |
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39.84%
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39.84%
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Expected Volatility, Maximum |
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43.74%
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43.74%
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Expected Dividend Yield |
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0.00%
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0.00%
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Exercise Price | $ / shares |
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Weighted Average Fair Value | $ / shares |
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$ 5.73
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$ 5.73
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Fair value of awards granted |
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$ 32,790,450
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Other assets |
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$ 2,000,000.0
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$ 5,800,000
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Seamless Group Inc [Member] | Convertible Debt Securities [Member] |
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Product Information [Line Items] |
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Convertible shares | shares |
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1,532,798
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1,532,798
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Seamless Group Inc [Member] | Convertible Bond [Member] |
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Product Information [Line Items] |
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Outstanding balance of convertible bond |
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$ 10,000,000
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$ 10,000,000
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Seamless Group Inc [Member] | Accounts Receivable [Member] | Customer Concentration Risk [Member] |
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Product Information [Line Items] |
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Concentration of credit risk percentgae |
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53.00%
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71.00%
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Seamless Group Inc [Member] | Computer Software, Intangible Asset [Member] |
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Product Information [Line Items] |
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Intangible assets amortized period |
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5 years
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Seamless Group Inc [Member] | Developed Technology Rights [Member] |
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Product Information [Line Items] |
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Intangible assets amortized period |
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7 years
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Seamless Group Inc [Member] | Trademarks and Trade Names [Member] |
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Product Information [Line Items] |
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Intangible assets amortized period |
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10 years
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2022 Equity Incentive Plan [Member] |
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Product Information [Line Items] |
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Shares vested | shares |
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3,964,324
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2,188,771
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1,954,086
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Shares vested and expected to vest | shares |
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|
1,775,553
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2,010,238
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Shares unvested |
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$ 13,178,775.56
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$ 14,587,799.62
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Exchange consideration shares | shares |
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40,000,000
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2022 Equity Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member] | Seamless Group Inc [Member] |
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Product Information [Line Items] |
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Share-based compensation grants in priod | shares |
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5,803,000
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2022 Equity Incentive Plan [Member] | Seamless Group Inc [Member] |
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Product Information [Line Items] |
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Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Other | shares |
|
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|
5,803,000
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2018 Equity Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member] |
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Product Information [Line Items] |
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|
Share-based compensation exercisable, options grants in priod | shares |
|
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|
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|
2,591,543
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2018 Equity Incentive Plan [Member] | Restricted Stock Units (RSUs) [Member] | Directors And Employees [Member] |
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Product Information [Line Items] |
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|
Share-based compensation options grants in period | shares |
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|
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|
978,397
|
|
|
|
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|
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|
Share-based compensation exercisable, weighted average exercise price | $ / shares |
|
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|
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|
$ 12.87
|
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|
2018 Equity Incentive Plan [Member] | Seamless Group Inc [Member] |
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Product Information [Line Items] |
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|
Share-based compensation exercisable, options grants in priod | shares |
|
|
|
|
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|
2,591,543
|
|
|
|
|
|
|
|
|
Share-based compensation options grants in period | shares |
|
|
|
|
|
|
978,397
|
|
|
|
|
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|
Share-based compensation exercisable, weighted average exercise price | $ / shares |
|
|
|
|
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|
$ 12.87
|
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Maximum [Member] |
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Product Information [Line Items] |
|
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|
New issuance shares |
|
$ 10,000,000
|
|
|
|
|
|
|
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|
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|
Expected Time to Liquidity |
|
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|
2 years 10 days
|
2 years 10 days
|
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|
|
Maximum [Member] | Subsequent Event [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Product Information [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
New issuance shares |
|
$ 10,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Maximum [Member] | Seamless Group Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Product Information [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected Time to Liquidity |
|
|
|
|
2 years 11 months 1 day
|
|
|
|
|
|
2 years 11 months 1 day
|
|
|
|
|
Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Product Information [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected Time to Liquidity |
|
|
|
10 days
|
10 days
|
|
|
|
|
|
|
|
|
|
|
Minimum [Member] | Seamless Group Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Product Information [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected Time to Liquidity |
|
|
|
|
11 months 1 day
|
|
|
|
|
|
11 months 1 day
|
|
|
|
|
InFint Acquisition Corporation [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Product Information [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash equivalents |
|
|
|
|
|
|
|
|
|
|
$ 0
|
$ 0
|
|
|
|
Cash and marketable securities held in trust account |
|
|
|
|
|
|
|
|
|
|
83,523,112
|
208,932,880
|
|
|
|
Deferred offering costs |
|
|
|
|
|
|
|
|
|
|
582,540
|
|
|
|
|
Adjustments to additional paid in capital, fair value |
|
|
|
|
|
|
|
|
|
|
268,617
|
|
|
|
|
Underwriter discount |
|
|
|
|
|
|
|
|
|
|
8,499,949
|
|
|
|
|
Temporary equity |
|
|
|
|
|
|
|
|
|
|
83,523,112
|
208,932,880
|
|
|
|
Unrecognized tax benefits |
|
|
|
|
|
|
|
|
|
|
0
|
0
|
|
|
|
Accrued interest and penalties |
|
|
|
|
|
|
|
|
|
|
0
|
0
|
|
|
|
Federal depository insurance |
|
|
|
|
|
|
|
|
|
|
250,000
|
|
|
|
|
Cash balances |
|
|
|
|
|
|
|
|
|
|
43,509
|
|
|
|
|
Working capital deficit |
|
|
|
|
|
|
|
|
|
|
(4,516,047)
|
|
|
|
|
Net capital deficit |
|
|
|
|
|
|
|
|
|
|
10,516,011
|
8,488,304
|
|
|
$ 4,442,224
|
Net loss |
|
|
|
|
|
|
|
|
|
|
(3,147,500)
|
1,111,964
|
|
|
|
Net cash used in operating activities |
|
|
|
|
|
|
|
|
|
|
(552,958)
|
(756,716)
|
|
|
|
Net cash used in investing activities |
|
|
|
|
|
|
|
|
|
|
(130,584,975)
|
2,999,982
|
|
|
|
Cash |
|
|
|
|
|
|
|
|
|
|
43,509
|
271,467
|
|
|
|
Net cash used in operating activities |
|
|
|
|
|
|
|
|
|
|
552,958
|
756,716
|
|
|
|
Net cash provided by investing activities |
|
|
|
|
|
|
|
|
|
|
130,584,975
|
(2,999,982)
|
|
|
|
Net cash used in financing activities |
|
|
|
|
|
|
|
|
|
|
$ 130,259,975
|
$ (2,999,982)
|
|
|
|
|
|