| Schedule of segment revenue and cost of revenue | |
| | |
| | |
| | |
| |
| | |
Three Months Ended June 30, | | |
Six Months Ended June 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Revenue | |
| | |
| | |
| | |
| |
| IT Services Revenues – Related Party | |
| 476 | | |
| 398 | | |
| 953 | | |
| 525 | |
| Total Revenues | |
$ | 476 | | |
$ | 398 | | |
$ | 953 | | |
$ | 525 | |
| | |
| | | |
| | | |
| | | |
| | |
| Operating expenses: | |
| | | |
| | | |
| | | |
| | |
| Cost of revenues | |
| | | |
| | | |
| | | |
| | |
| Developer Payroll | |
| (370 | ) | |
| (308 | ) | |
| (676 | ) | |
| (460 | ) |
| Depreciation | |
| — | | |
| (15 | ) | |
| (15 | ) | |
| (29 | ) |
| Other Cost of revenues | |
| (2 | ) | |
| (5 | ) | |
| (4 | ) | |
| (14 | ) |
| Total Cost of Revenues | |
$ | (372 | ) | |
$ | (328 | ) | |
$ | (695 | ) | |
$ | (503 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| General and administrative | |
| | | |
| | | |
| | | |
| | |
| Professional services fees | |
| (265 | ) | |
| (322 | ) | |
| (476 | ) | |
| (688 | ) |
| Non-income taxes | |
| (222 | ) | |
| — | | |
| (222 | ) | |
| — | |
| G&A Payroll | |
| (60 | ) | |
| (142 | ) | |
| (112 | ) | |
| (641 | ) |
| Software | |
| (34 | ) | |
| (71 | ) | |
| (77 | ) | |
| (164 | ) |
| Lease expenses for offices and corporate houses | |
| (18 | ) | |
| (23 | ) | |
| (31 | ) | |
| (50 | ) |
| Amortization, depreciation and loss on disposal | |
| (9 | ) | |
| (19 | ) | |
| (18 | ) | |
| (38 | ) |
| Other Corporate expenses | |
| (37 | ) | |
| (276 | ) | |
| (61 | ) | |
| (502 | ) |
| Total General and administrative | |
$ | (645 | ) | |
$ | (853 | ) | |
$ | (997 | ) | |
$ | (2,083 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Loss from operations | |
| (541 | ) | |
| (783 | ) | |
| (739 | ) | |
| (2,061 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Interest expense, net | |
| (148 | ) | |
| (803 | ) | |
| (327 | ) | |
| (1,608 | ) |
| Changes in fair value of financial liabilities, net | |
| (8 | ) | |
| — | | |
| (8 | ) | |
| — | |
| Legal claims - accruals | |
| — | | |
| (41 | ) | |
| — | | |
| (2,041 | ) |
| Gain (Loss) on extinguishment/issuance of financial debts | |
| (250 | ) | |
| 94 | | |
| (250 | ) | |
| 822 | |
| SEPA financial expenses, net | |
| (500 | ) | |
| — | | |
| (500 | ) | |
| (102 | ) |
| Other income (expenses), net | |
| 11 | | |
| (14 | ) | |
| 10 | | |
| 33 | |
| Total non-operating expenses, net | |
| (895 | ) | |
| (764 | ) | |
| (1,075 | ) | |
| (2,896 | ) |
| Income Taxes | |
| — | | |
| — | | |
| — | | |
| — | |
| Net loss from continuing operations | |
| (1,436 | ) | |
| (1,547 | ) | |
| (1,814 | ) | |
| (4,957 | ) |
| Net loss from discontinued operations | |
| (292 | ) | |
| (3 | ) | |
| (143 | ) | |
| (1,112 | ) |
| Net loss | |
| (1,728 | ) | |
| (1,550 | ) | |
| (1,957 | ) | |
| (6,069 | ) |