| SCHEDULE OF FINITE LIVED INTANGIBLE ASSET |
The following table illustrates the result of the reclassification showing amortization applied since December 31,
2022:
SCHEDULE
OF FINITE LIVED INTANGIBLE ASSET
| Cost, Amortization and Carrying Amount of the iTDE Technology |
| Cost | |
| |
| At December 31, 2022 | |
$ | 3,500,127 | |
| Additions | |
| - | |
| Transfers | |
| - | |
| At June 30, 2023 | |
| 3,500,127 | |
| Additions | |
| - | |
| Disposals | |
| - | |
| At December 31, 2023 | |
| 3,500,127 | |
| Additions | |
| - | |
| Disposals | |
| - | |
| At March 31, 2024 | |
| 3,500,127 | |
| | |
| | |
| Accumulated Amortization | |
| | |
| At January 1, 2022 | |
| 350,013 | |
| Charge for the year | |
| - | |
| At December 31, 2022 | |
| 350,013 | |
| Charge for the year | |
| 149,782 | |
| Prior Period Adjustment | |
| 308,365 | |
| At December 31, 2023 | |
| 808,160 | |
| Charge for the period | |
| 37,446 | |
| At March 31, 2024 | |
| 845,606 | |
| | |
| | |
| Carrying amount | |
| | |
| At December 31, 2022 | |
| 3,150,114 | |
| At December 31, 2023 | |
| 2,691,967 | |
| At March 31, 2024 | |
| 2,654,522 | |
|