v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 709,127 $ 822,251
Restricted cash 2,670,958 2,633,019
Accounts receivable - net 4,065,665 3,780,777
Short term investments 959,823 970,596
Prepayments 122,849 60,234
Stores and spares 828,536 838,641
Loans and advances 4,425,431 4,660,122
Other receivables 1,279,380 1,570,148
Total current assets 15,061,769 15,335,788
Property, plant and equipment 15,999,697 16,936,286
Operating lease right-of-use assets 423,747 451,111
Intangible assets - net 9,710,341 10,264,049
Advances for Intangible assets 12,463,921 2,377,010
Long term loans and other assets 3,099,872 3,123,604
Deferred tax asset 8,311,890 8,468,381
TOTAL ASSETS 65,071,237 56,956,229
Current liabilities:    
Trade and other payables 27,127,503 27,263,298
Current portion of non-current liabilities 7,897,525 7,413,649
Accrued interest 3,805,773 3,545,054
Short term borrowings 881,477 1,103,560
Provision for taxation - net 1,214,647 1,125,182
Total current liabilities 40,926,925 40,450,743
Term finance certificates 298,775 906,455
Long term financing - secured 1,058,311 1,154,484
Long term deposits and payable 1,678,363 1,412,328
License fee payable 160,201 163,217
Operating lease liability 600,042 635,030
Post employment benefits 646,008 676,084
Other payables 474,074 709,975
Total non-current liabilities 4,915,774 5,657,573
TOTAL LIABILITIES 45,842,699 46,108,316
SHAREHOLDERS' EQUITY:    
Common stock, $0.0001 par value - 500,000,000 shares authorized and 149,933,391 and 139,933,391 issued and outstanding shares at June 30, 2025 and December 31, 2024, respectively. 14,993 13,993
Additional paid in capital 9,999,000 0
Accumulated other comprehensive loss (550,116) (896,497)
Accumulated deficit (39,351,143) (38,110,867)
Non-controlling interest 49,115,804 49,841,283
TOTAL SHAREHOLDERS' EQUITY 19,228,538 10,847,914
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 65,071,237 $ 56,956,229