| Schedule of Sales and Marketing Expenses |
Sales and marketing expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024 |
|
|
December 31, 2023 |
|
Advertisement and publicity expenses |
|
$ |
|
887,333 |
|
|
$ |
|
144,584 |
|
Employee salaries and benefits |
|
|
|
423,710 |
|
|
|
|
1,371,468 |
|
Consultancy charges |
|
|
|
4,076,671 |
|
|
|
|
1,602,332 |
|
Share-based payments to employees |
|
|
|
508,288 |
|
|
|
|
2,649,012 |
|
Share-based payments to related parties |
|
|
|
389,444 |
|
|
|
|
963,858 |
|
Total |
|
$ |
|
6,285,446 |
|
|
$ |
|
6,731,254 |
|
|
| Schedule of General and Administrative Expenses |
General and administrative expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024 |
|
|
December 31, 2023 |
|
IT expenses |
|
$ |
|
782,665 |
|
|
$ |
|
1,135,355 |
|
Legal and professional expenses |
|
|
|
36,486,915 |
|
|
|
|
2,274,891 |
|
Business development expenses |
|
|
|
4,750,430 |
|
|
|
|
777,161 |
|
Employee salaries and benefits |
|
|
|
17,511,920 |
|
|
|
|
4,340,558 |
|
Consultancy charges |
|
|
|
3,662,209 |
|
|
|
|
3,249,635 |
|
Share-based payments to employees |
|
|
|
3,806,361 |
|
|
|
|
2,543,621 |
|
Share-based payments to related parties |
|
|
|
62,611,948 |
|
|
|
|
2,306,182 |
|
Share-based payments for consultancy |
|
|
|
217,365 |
|
|
|
|
485,080 |
|
Other |
|
|
|
1,600,599 |
|
|
|
|
874,045 |
|
Total |
|
$ |
|
131,430,412 |
|
|
$ |
|
17,986,528 |
|
|
| Schedule of Other Non-operating income (expenses), net |
Other non-operating income (expense), net
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024 |
|
|
December 31, 2023 |
|
Foreign exchange gain/(loss) |
|
$ |
|
1,329,775 |
|
|
$ |
|
(375,298 |
) |
R&D credits |
|
|
|
— |
|
|
|
|
497,978 |
|
Other, net |
|
|
|
6 |
|
|
|
|
2,686 |
|
Total |
|
$ |
|
1,329,781 |
|
|
$ |
|
125,366 |
|
|