UNICOIN RIGHTS FINANCING OBLIGATION (Tables)
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3 Months Ended |
Mar. 31, 2025 |
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| Unicoin Rights Financing Obligation |
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| Schedule of components of the unicoin rights financing obligation |
| Schedule of components of the unicoin rights financing obligation |
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Outstanding Unicoin Rights and
Related Financing Obligation |
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| Nature / Category of |
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March 31,
2025 |
|
|
December 31,
2024 |
|
| Unicoin Right Holder |
|
Form of Consideration |
|
Units |
|
|
Amount |
|
|
Units |
|
|
Amount |
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| Sales to Investors |
|
Cash, Digital Assets and Treasury Stock |
|
|
1,864,335,628 |
|
|
$ |
44,658,153 |
|
|
|
1,850,019,968 |
|
|
$ |
43,551,938 |
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| Unicoin Inc. Shareholders |
|
Non-Cash Dividends |
|
|
726,189,126 |
|
|
|
72,619 |
|
|
|
727,725,875 |
|
|
|
72,773 |
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| Employee, Contractors, Directors |
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Discretionary Compensation |
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|
522,395,275 |
|
|
|
52,240 |
|
|
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521,771,178 |
|
|
|
52,177 |
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| Service Providers, Influencers and Employees |
|
Services and Employee Labor |
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|
274,672,035 |
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37,124,245 |
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273,733,579 |
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37,048,661 |
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| Subtotal |
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|
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3,387,592,064 |
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81,907,257 |
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3,373,250,600 |
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80,725,549 |
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| ITSQuest Contingent Divestiture Amendment |
|
Contract Amendment |
|
|
22,000,000 |
|
|
|
2,570,000 |
|
|
|
22,000,000 |
|
|
|
2,570,000 |
|
| Five-Year Deferred Payment Plan |
|
Cash |
|
|
3,279,726,500 |
* |
|
|
22,877,184 |
|
|
|
3,260,484,068 |
* |
|
|
22,963,296 |
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| Ten-Year Prepaid Plan |
|
Cash |
|
|
8,163,046 |
* |
|
|
2,201,752 |
|
|
|
8,337,046 |
* |
|
|
2,206,998 |
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| Asset Swap and related commission |
|
Land and mining rights |
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464,896,751 |
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1,444,938 |
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464,896,751 |
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1,444,938 |
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| Total |
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7,162,378,361 |
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$ |
111,001,131 |
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|
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7,128,968,465 |
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|
$ |
109,910,781 |
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| * |
Unicoin rights certificates for Units under the Five-Year Deferred Payment Plan and the Ten-Year Prepaid Plan will not be issued until the purchase transaction is completed under the terms discussed in the explanatory sections below for “Five-Year Deferred Payment Plan” and “Ten-Year Prepaid Plan”. |
| ** |
On July 16, 2025, the Company entered into a binding agreement to grant rights to receive 350,000 unicoins as part of the settlement of
a legal matter. These rights have not yet been issued and are not reflected in the table above, as the related obligation is not currently
recorded on the Company’s balance sheet. The Company will evaluate the accounting treatment of the grant in future periods based
on further developments. |
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| Schedule of pledged collateral |
| Schedule of pledged collateral |
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Estimated Fair Value of
Collateral Submitted |
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| Form of Collateral Received |
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March 31,
2025 |
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December 31,
2024 |
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| Cash |
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$ |
753,656 |
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$ |
716,406 |
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| Digital Assets |
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|
97,996 |
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|
97,996 |
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| Non-Unicoin Inc. Stock |
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1,769,980 |
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1,769,980 |
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| Unicoin Inc. Shares of Common Stock |
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3,449,494 |
|
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3,410,556 |
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| Unicoin rights |
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30,449,357 |
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30,970,832 |
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| Real Estate |
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15,586,914 |
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15,586,914 |
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| Total |
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$ |
52,107,397 |
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$ |
52,552,684 |
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| Schedule of unicoin right financing obligation |
| Schedule of unicoin right financing obligation |
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March 31,
2025 |
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December 31,
2024 |
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| Cash Receipts |
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$ |
1,859,000 |
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$ |
1,897,000 |
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| Accrued Interest |
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|
342,752 |
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|
309,998 |
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| Unicoin rights financing obligation, Ten-Year Prepaid Plan |
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$ |
2,201,752 |
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$ |
2,206,998 |
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| Schedule of proceeds subject to contractual interest |
| Schedule of proceeds subject to contractual interest |
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March 31,
2025 |
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December 31,
2024 |
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| Proceeds subject to interest |
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$ |
1,593,500 |
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$ |
1,629,500 |
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| Exempt from contractual interest |
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|
265,500 |
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267,500 |
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| Total |
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$ |
1,859,000 |
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$ |
1,897,000 |
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| Schedule of Unicoin Rights Financing Obligation from asset swap agreements |
| Schedule of Unicoin Rights Financing Obligation from asset swap agreements |
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Investment in
Land/Unicoin
Right Financing
Obligation |
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| Eco Club, Venezuela |
|
$ |
623,749 |
|
| Vacant Land, California City |
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|
5,500 |
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| 7R-Ranch, Texas |
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|
54,730 |
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| Investments in land |
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|
683,979 |
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| Mining rights asset |
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|
580,000 |
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| Commissions for asset swap agreements paid with unicoin rights |
|
|
180,959 |
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| Unicoin rights financing obligation from asset swap agreements |
|
$ |
1,444,938 |
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| Schedule of unicoin rights issued to related parties |
| Schedule of unicoin rights issued to related parties |
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Outstanding Unicoin Rights and
Related Financing Obligation |
|
| |
|
|
|
March 31,
2025 |
|
|
December 31,
2024 |
|
| Nature / Category |
|
Relationship |
|
Units |
|
|
Amount |
|
|
Units |
|
|
Amount |
|
| Sales to Investors |
|
Officers and Directors |
|
|
51,006,000 |
|
|
$ |
16,200 |
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|
51,006,000 |
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$ |
16,200 |
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| Unicoin Inc. Shareholders (Dividends) |
|
Officers and Directors |
|
|
548,543,964 |
|
|
|
54,855 |
|
|
|
548,526,464 |
|
|
|
54,852 |
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| Discretionary Awards |
|
Officers, Directors & their Families |
|
|
103,544,127 |
|
|
|
10,847 |
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|
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126,339,548 |
|
|
|
14,314 |
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| Consideration for Services |
|
Officers, Directors & their Families |
|
|
433,454 |
|
|
|
49,251 |
|
|
|
13,523,333 |
|
|
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1,681,697 |
|
| ITSQuest Contingent Divestiture Amendment |
|
Former Owners of ITSQuest |
|
|
22,000,000 |
|
|
|
2,570,000 |
|
|
|
22,000,000 |
|
|
|
2,570,000 |
|
| Five-Year Deferred Payment Plan |
|
Officers, Directors & their Families |
|
|
429,333,400 |
|
|
|
- |
|
|
|
429,333,400 |
|
|
|
- |
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| Total |
|
|
|
|
1,154,860,945 |
|
|
$ |
2,701,153 |
|
|
|
1,190,728,745 |
|
|
$ |
4,337,063 |
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