2022 Q3 Form 10-Q Financial Statement

#000160706222000520 Filed on August 17, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $2.050M $499.1K $445.1K
YoY Change 2354.52% 6312.21% 4580.23%
Cost Of Revenue $1.742M $499.2K $459.9K
YoY Change 992.78% 476.7% 2413.01%
Gross Profit $307.9K -$138.00 -$14.79K
YoY Change -505.66% -99.82% 68.26%
Gross Profit Margin 15.02% -0.03% -3.32%
Selling, General & Admin $10.14M $7.599M $6.037M
YoY Change 21.63% 80.53% 208.79%
% of Gross Profit 3292.3%
Research & Development $19.76K $17.32K $19.55K
YoY Change 103.49% -52.97% -35.18%
% of Gross Profit 6.42%
Depreciation & Amortization $34.72K $12.38K $806.6K
YoY Change -95.67% 181.68% 0.55%
% of Gross Profit 11.28%
Operating Expenses $10.41M $7.616M $6.056M
YoY Change 24.72% 79.37% 205.08%
Operating Profit -$10.10M -$7.616M -$6.071M
YoY Change 19.94% 76.11% 204.48%
Interest Expense $11.28K $384.00 -$4.000K
YoY Change -192.36% -96.84% -66.8%
% of Operating Profit
Other Income/Expense, Net $37.65K $30.32K $13.62K
YoY Change 628.14% -371.76% 1692.11%
Pretax Income -$10.06M -$7.586M -$6.590M
YoY Change 19.4% 74.96% 139.18%
Income Tax $736.00 $797.00 $1.300K
% Of Pretax Income
Net Earnings -$10.06M -$7.587M -$6.591M
YoY Change 19.39% 74.7% 139.08%
Net Earnings / Revenue -490.84% -1520.17% -1480.92%
Basic Earnings Per Share -$0.39 -$0.31 -$0.30
Diluted Earnings Per Share -$0.39 -$0.31 -$299.1K
COMMON SHARES
Basic Shares Outstanding 25.38M shares 24.35M shares 21.89M shares
Diluted Shares Outstanding 25.30M shares 24.35M shares 21.89M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.99M $28.01M $30.97M
YoY Change 301.69% 19540.22% 3455.12%
Cash & Equivalents $22.99M $28.01M $30.97M
Short-Term Investments
Other Short-Term Assets $4.146M $4.550M $5.799M
YoY Change 5855.9% 7212.36% 1782.16%
Inventory $255.8K $336.5K $267.4K
Prepaid Expenses
Receivables $574.3K $51.89K $47.57K
Other Receivables $4.126M $4.550M $0.00
Total Short-Term Assets $27.97M $32.95M $37.08M
YoY Change 367.96% 15834.51% 3038.63%
LONG-TERM ASSETS
Property, Plant & Equipment $647.8K $96.71K $889.0K
YoY Change 19.77% 29.59% 931.62%
Goodwill $7.279M $454.5K
YoY Change
Intangibles $1.600M $2.400M
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00 $0.00
YoY Change
Total Long-Term Assets $12.74M $4.546M $4.543M
YoY Change 138.61% -19.89% -29.95%
TOTAL ASSETS
Total Short-Term Assets $27.97M $32.95M $37.08M
Total Long-Term Assets $12.74M $4.546M $4.543M
Total Assets $40.72M $37.50M $41.62M
YoY Change 259.74% 537.55% 442.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.205M $903.7K $204.6K
YoY Change 1051.16% 1289.26% 297.63%
Accrued Expenses $9.571M $837.4K $397.2K
YoY Change 5604.73% 2094.33% 957.61%
Deferred Revenue $1.349M $4.618K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.72M $2.707M $1.702M
YoY Change 1072.31% -16.59% -55.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $348.9K $426.7K $508.8K
YoY Change -4.55% 1508.79% 1290.79%
Total Long-Term Liabilities $13.07M $3.134M $508.8K
YoY Change 3476.52% 11717.59% 1290.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.72M $2.707M $1.702M
Total Long-Term Liabilities $13.07M $3.134M $508.8K
Total Liabilities $25.80M $5.841M $2.062M
YoY Change 1677.99% 78.5% -46.69%
SHAREHOLDERS EQUITY
Retained Earnings -$71.36M -$61.41M
YoY Change
Common Stock $2.587K $2.454K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $27.96M $34.59M $39.56M
YoY Change
Total Liabilities & Shareholders Equity $40.72M $37.50M $41.62M
YoY Change 259.74% 537.55% 442.86%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$10.06M -$7.587M -$6.591M
YoY Change 19.39% 74.7% 139.08%
Depreciation, Depletion And Amortization $34.72K $12.38K $806.6K
YoY Change -95.67% 181.68% 0.55%
Cash From Operating Activities -$5.433M -$2.888M -$2.561M
YoY Change 382.44% 171.43% 469.21%
INVESTING ACTIVITIES
Capital Expenditures -$470.6K -$28.32K -$30.58K
YoY Change
Acquisitions
YoY Change
Other Investing Activities $992.6K $25.59K -$194.6K
YoY Change -115.99% 386.4%
Cash From Investing Activities $522.0K -$2.740K -$225.1K
YoY Change -98.29% 462.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -168.5K -181.3K 10.53M
YoY Change -102.52% -135.96% 1186.95%
NET CHANGE
Cash From Operating Activities -5.433M -2.888M -2.561M
Cash From Investing Activities 522.0K -2.740K -225.1K
Cash From Financing Activities -168.5K -181.3K 10.53M
Net Change In Cash -5.079M -3.072M 7.747M
YoY Change -191.17% 326.77% 2258.11%
FREE CASH FLOW
Cash From Operating Activities -$5.433M -$2.888M -$2.561M
Capital Expenditures -$470.6K -$28.32K -$30.58K
Free Cash Flow -$4.962M -$2.859M -$2.530M
YoY Change 462.41%

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NonoperatingIncomeExpense
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CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
39936 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7585797 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7091091 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
797 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6903 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2099 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8640 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-7586594 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-4342751 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
-7099731 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-125297 usd
CY2022Q2 us-gaap Net Income Loss From Real Estate Investment Partnership Attributable To Parent
NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent
-7504324 usd
CY2021Q2 us-gaap Net Income Loss From Real Estate Investment Partnership Attributable To Parent
NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent
-4342751 usd
us-gaap Net Income Loss From Real Estate Investment Partnership Attributable To Parent
NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent
-14052702 usd
us-gaap Net Income Loss From Real Estate Investment Partnership Attributable To Parent
NetIncomeLossFromRealEstateInvestmentPartnershipAttributableToParent
-7099731 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
6583 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToNoncontrollingInterest
6371 usd
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToNoncontrollingInterest
3356 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7443820 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4349334 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
14034359 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7072832 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.96
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.96
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24347607 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7413600 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23126643 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7413600 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24347607 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7413600 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23126643 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7413600 shares
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
32325683 usd
CY2022Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1632173 usd
CY2022Q1 SOPA Shares Issued For Accrued Salaries
SharesIssuedForAccruedSalaries
86469 usd
CY2022Q1 SOPA Sale Of Units In Initial Public Offering Net Of Expense
SaleOfUnitsInInitialPublicOfferingNetOfExpense
10402891 usd
CY2022Q1 SOPA Shares Issued To Acquire Subsidiary
SharesIssuedToAcquireSubsidiary
800000 usd
CY2022Q1 SOPA Share Issued Upon Exercise Of Warrant
ShareIssuedUponExerciseOfWarrant
357000 usd
CY2022Q1 SOPA Share Issued For Accrued Services
ShareIssuedForAccruedServices
119457 usd
CY2022Q1 SOPA Fair Value Of Stockoption Granted For Directors Bonus
FairValueOfStockoptionGrantedForDirectorsBonus
303990 usd
CY2022Q1 SOPA Shares Issued To Acquire Noncontrolling Interest
SharesIssuedToAcquireNoncontrollingInterest
22470 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-45176 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
39413552 usd
CY2022Q2 SOPA Share Issued Upon Exercise Of Warrant
ShareIssuedUponExerciseOfWarrant
55890 usd
CY2022Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1694739 usd
CY2022Q2 SOPA Shares Issued For Accrued Salaries
SharesIssuedForAccruedSalaries
61750 usd
CY2022Q2 SOPA Shares Issued For Directors Remuneration
SharesIssuedForDirectorsRemuneration
899996 usd
CY2022Q2 SOPA Shares Issued To Acquire Subsidiary
SharesIssuedToAcquireSubsidiary
83240 usd
CY2022Q2 SOPA Fair Value Of Stockoption Granted For Directors Bonus
FairValueOfStockoptionGrantedForDirectorsBonus
-303990 usd
CY2022Q2 SOPA Shares Issued To Acquire Noncontrolling Interest
SharesIssuedToAcquireNoncontrollingInterest
-22470 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-7586594 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
66875 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
34362988 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-10414772 usd
CY2021Q1 SOPA Imputed Interest
ImputedInterest
11994 usd
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-2756980 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
33482 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-13126276 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-13126276 usd
CY2021Q2 SOPA Imputed Interest
ImputedInterest
12126 usd
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2894075 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-4342751 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-6583 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-14569409 usd
us-gaap Net Income Loss
NetIncomeLoss
-14177999 usd
us-gaap Net Income Loss
NetIncomeLoss
-7099731 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1614617 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1604451 usd
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
528583 usd
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
200000 usd
SOPA Imputed Interests
ImputedInterests
24120 usd
SOPA Financing Charges First Insurance Funding
FinancingChargesFirstInsuranceFunding
4429 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
4208568 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
3507275 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-8699 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
38 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
111060 usd
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-2470800 usd
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
1689 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-20611 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-15262 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
104097 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10793 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
436712 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-517929 usd
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
502014 usd
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-225000 usd
SOPA Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
139420 usd
SOPA Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
17819 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-152715 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-18529 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5448474 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1513720 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
200000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
58901 usd
us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
200000 usd
SOPA Cash From Purchase Subsidiary
CashFromPurchaseSubsidiary
-31028 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-227873 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-200000 usd
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
412890 usd
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
1322505 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
10402891 usd
us-gaap Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
464368 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10351413 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1322505 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
73003 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27182 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4748069 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-364033 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23264777 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
506666 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28012846 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
142633 usd
us-gaap Interest Paid Net
InterestPaidNet
94 usd
SOPA Common Stock Issued For Accrued Salaries
CommonStockIssuedForAccruedSalaries
209969 usd
SOPA Share Issued To Acquire Subsidiary
ShareIssuedToAcquireSubsidiary
883240 usd
SOPA Shares Issued For Accrued Services
SharesIssuedForAccruedServices
119457 usd
SOPA Lease Obligation And Rou Asset
LeaseObligationAndROUAsset
243186 usd
SOPA Purchase Consideration Accrued For Assets Purchase Transactions
PurchaseConsiderationAccruedForAssetsPurchaseTransactions
160000 usd
SOPA Preferred Stock Issued But Amount Collected Subsequently
PreferredStockIssuedButAmountCollectedSubsequently
251250 usd
CY2021Q1 us-gaap Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
750 for 1
CY2021Q3 us-gaap Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
1 for 2.5
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
236111 shares
SOPA Share Issued Value
ShareIssuedValue
26000001 usd
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
2124999 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28012846 usd
CY2022Q2 SOPA Working Capital
WorkingCapital
30243590 usd
CY2022Q2 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
61405158 usd
us-gaap Net Income Loss
NetIncomeLoss
-14177999 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5448474 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-227873 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10351413 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
10402891 usd
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
412890 usd
us-gaap Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
464368 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
336476 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
221068 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_843_eus-gaap--UseOfEstimates_zYn8TB0utMbk" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">•</span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_861_zIpFCifepv01">Use of estimates and assumptions</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In preparing these condensed consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the years reported. Actual results may differ from these estimates. If actual results significantly differ from the Company’s estimates, the Company’s financial condition and results of operations could be materially impacted. Significant estimates in the period include the allowance for doubtful accounts on accounts receivable, incremental borrowing rate used to calculate right of use assets and lease liabilities, valuation and useful lives of intangible assets, valuation of impairment of long-lived assets, valuation of common stock and stock warrants, stock option valuations, imputed interest on due to related parties, inventory valuation, revenue recognition, business acquisition allocation of purchase consideration, and deferred tax valuation allowance.</span></p>
CY2022Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
28012846 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
23264777 usd
CY2022Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q2 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
10780926 usd
CY2021Q4 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
13699082 usd
CY2022Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
16966211 usd
CY2021Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
9315695 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
0 usd
CY2022Q2 SOPA Allowance For Obsolete Inventories
AllowanceForObsoleteInventories
0 usd
CY2021Q2 SOPA Allowance For Obsolete Inventories
AllowanceForObsoleteInventories
0 usd
SOPA Allowance For Obsolete Inventories
AllowanceForObsoleteInventories
0 usd
SOPA Allowance For Obsolete Inventories
AllowanceForObsoleteInventories
0 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4618 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
25229 usd
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
36868 usd
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
66989 usd
CY2022Q2 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
17320 usd
CY2021Q2 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
36828 usd
us-gaap Advertising Expense
AdvertisingExpense
253290 usd
us-gaap Advertising Expense
AdvertisingExpense
449392 usd
CY2022Q2 us-gaap Advertising Expense
AdvertisingExpense
41284 usd
CY2021Q2 us-gaap Advertising Expense
AdvertisingExpense
42184 usd
us-gaap Revenues
Revenues
944152 usd
us-gaap Revenues
Revenues
17289 usd
CY2022Q2 us-gaap Revenues
Revenues
499062 usd
CY2021Q2 us-gaap Revenues
Revenues
7783 usd
CY2022Q1 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Percentage
BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage
1 pure
CY2022Q1 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Percentage
BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage
1 pure
CY2022Q2 SOPA Net Loss Attributable To Society Pass Incorporated
NetLossAttributableToSocietyPassIncorporated
-7504324 usd
CY2021Q2 SOPA Net Loss Attributable To Society Pass Incorporated
NetLossAttributableToSocietyPassIncorporated
-4342751 usd
CY2022Q2 SOPA Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
24347607 shares
CY2021Q2 SOPA Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
7413600 shares
CY2022Q2 SOPA Net Loss Per Share Basic And Diluted
NetLossPerShareBasicAndDiluted
-0.31
CY2021Q2 SOPA Net Loss Per Share Basic And Diluted
NetLossPerShareBasicAndDiluted
-0.59
SOPA Net Loss Attributable To Society Pass Incorporated
NetLossAttributableToSocietyPassIncorporated
-14052702 usd
SOPA Net Loss Attributable To Society Pass Incorporated
NetLossAttributableToSocietyPassIncorporated
-7099731 usd
SOPA Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
23126632 shares
SOPA Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
7413600 shares
SOPA Net Loss Per Share Basic And Diluted
NetLossPerShareBasicAndDiluted
-0.61
SOPA Net Loss Per Share Basic And Diluted
NetLossPerShareBasicAndDiluted
-0.96
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5739199 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4298600 shares
CY2022Q2 SOPA Operating Lease Rights Of Use Asset
OperatingLeaseRightsOfUseAsset
710586 usd
CY2021Q4 SOPA Operating Lease Rights Of Use Asset
OperatingLeaseRightsOfUseAsset
627968 usd
us-gaap Revenues
Revenues
944152 usd
us-gaap Revenues
Revenues
17289 usd
CY2022Q2 us-gaap Revenues
Revenues
499062 usd
CY2021Q2 us-gaap Revenues
Revenues
7783 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
25229 usd
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
18646 usd
SOPA Add Recognized As Deferred Revenue
AddRecognizedAsDeferredRevenue
3969 usd
CY2021 SOPA Add Recognized As Deferred Revenue
AddRecognizedAsDeferredRevenue
44064 usd
SOPA Less Recognized As Current Periodyear Revenue
LessRecognizedAsCurrentPeriodyearRevenue
-24580 usd
CY2021 SOPA Less Recognized As Current Periodyear Revenue
LessRecognizedAsCurrentPeriodyearRevenue
-37481 usd
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
4618 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
25229 usd
SOPA Schedule Of Geographic Segments
ScheduleOfGeographicSegments
<table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfGeographicSegments_zZJezg9GXhHb" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SEGMENT REPORTING (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left"><span id="xdx_8B6_zzc4LgBJCGW9" style="display: none">Schedule of geographic segments</span></td><td style="vertical-align: top; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left; vertical-align: top"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Six Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left; vertical-align: top"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2022</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2021</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 27%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indonesia</span></td><td style="vertical-align: top; width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--Revenues_c20220101__20220630__srt--StatementGeographicalAxis__country--ID_pp0p0" style="width: 26%; text-align: right" title="Revenues">20,696</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--Revenues_c20210101__20210630__srt--StatementGeographicalAxis__country--ID_pp0p0" style="width: 26%; text-align: right" title="Revenues">14,974</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vietnam</span></td><td style="vertical-align: top; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--Revenues_c20220101__20220630__srt--StatementGeographicalAxis__country--VN_pp0p0" style="text-align: right" title="Revenues">896,661</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--Revenues_c20210101__20210630__srt--StatementGeographicalAxis__country--VN_pp0p0" style="text-align: right" title="Revenues">2,315</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Singapore</span></td><td style="vertical-align: top; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--Revenues_pp0p0_c20220101__20220630__srt--StatementGeographicalAxis__country--SG_z40qRbahdijl" style="text-align: right" title="Revenues">5,641</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pp0p0_c20210101__20210630__srt--StatementGeographicalAxis__country--SG_zHUIzMBhnLI6" style="text-align: right" title="Revenues"><span style="-sec-ix-hidden: xdx2ixbrl2455">—</span> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Philippines</span></td><td style="vertical-align: top; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--Revenues_c20220101__20220630__srt--StatementGeographicalAxis__country--PH_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Revenues">21,154</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--Revenues_c20210101__20210630__srt--StatementGeographicalAxis__country--PH_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Revenues"><span style="-sec-ix-hidden: xdx2ixbrl2459">—</span> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-align: left"> </td><td style="vertical-align: top; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--Revenues_pp0p0_c20220101__20220630_zqa5YRgfng2a" style="border-bottom: Black 2.5pt double; text-align: right" title="Revenues">944,152</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--Revenues_pp0p0_c20210101__20210630_zY8IYtxChNKc" style="border-bottom: Black 2.5pt double; text-align: right" title="Revenues">17,289</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left"> </td><td style="font-size: 10pt; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="7" style="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Three Months Ended June 30,</td></tr> <tr style="vertical-align: bottom"> <td colspan="2" style="text-align: left"> </td><td style="font-size: 10pt; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2022</td><td style="font-size: 10pt; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">2021</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 27%; font-size: 10pt; text-align: left"><span style="font-size: 10pt">Indonesia</span></td><td style="width: 1%; font-size: 10pt; text-align: left"> </td><td style="width: 8%; font-size: 10pt"> </td> <td style="width: 1%; font-size: 10pt; text-align: left">$</td><td id="xdx_98C_eus-gaap--Revenues_pp0p0_c20220401__20220630__srt--StatementGeographicalAxis__country--ID_zyUBuOb44G47" style="width: 26%; font-size: 10pt; text-align: right">10,328</td><td style="width: 1%; font-size: 10pt; text-align: left"> </td><td style="width: 8%; font-size: 10pt"> </td> <td style="width: 1%; font-size: 10pt; text-align: left">$</td><td id="xdx_98F_eus-gaap--Revenues_pp0p0_c20210401__20210630__srt--StatementGeographicalAxis__country--ID_z2rr03IviAj6" style="width: 26%; font-size: 10pt; text-align: right">6,930</td><td style="width: 1%; font-size: 10pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 10pt; text-align: left"><span style="font-size: 10pt">Vietnam</span></td><td style="font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td id="xdx_984_eus-gaap--Revenues_pp0p0_c20220401__20220630__srt--StatementGeographicalAxis__country--VN_zaPTM6xmHuD7" style="font-size: 10pt; text-align: right">469,137</td><td style="font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td id="xdx_98D_eus-gaap--Revenues_pp0p0_c20210401__20210630__srt--StatementGeographicalAxis__country--VN_zCqMey9Zyaib" style="font-size: 10pt; text-align: right">853</td><td style="font-size: 10pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-size: 10pt; text-align: left"><span style="font-size: 10pt">Singapore</span></td><td style="font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td id="xdx_98A_eus-gaap--Revenues_pp0p0_c20220401__20220630__srt--StatementGeographicalAxis__country--SG_zjWs2rwdjoba" style="font-size: 10pt; text-align: right">5,641</td><td style="font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt"> </td> <td style="font-size: 10pt; text-align: left"> </td><td id="xdx_989_eus-gaap--Revenues_pp0p0_c20210401__20210630__srt--StatementGeographicalAxis__country--SG_zH4V7Zyly5C6" style="font-size: 10pt; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2469">—</span> </td><td style="font-size: 10pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 10pt; text-align: left"><span style="font-size: 10pt">Philippines</span></td><td style="padding-bottom: 1pt; font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left"> </td><td id="xdx_983_eus-gaap--Revenues_pp0p0_c20220401__20220630__srt--StatementGeographicalAxis__country--PH_zPm4H33X9Lai" style="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">13,956</td><td style="padding-bottom: 1pt; font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left"> </td><td id="xdx_98B_eus-gaap--Revenues_pp0p0_c20210401__20210630__srt--StatementGeographicalAxis__country--PH_ztnTztb9PLDh" style="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2471">—</span> </td><td style="padding-bottom: 1pt; font-size: 10pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="font-size: 10pt; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</td><td id="xdx_988_eus-gaap--Revenues_pp0p0_c20220401__20220630_z4IrPhrixNUe" style="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">499,062</td><td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left"> </td><td style="font-size: 10pt; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">$</td><td id="xdx_989_eus-gaap--Revenues_pp0p0_c20210401__20210630_z9ZjLDPAzdAj" style="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">7,783</td><td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left"> </td></tr> </table> <p style="margin-top: 0; margin-bottom: 0"/> <p style="margin-top: 0; margin-bottom: 0"> </p>
CY2022Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
983103 usd
SOPA Schedule Of Prepayments And Other Receivables
ScheduleOfPrepaymentsAndOtherReceivables
<table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--ScheduleOfPrepaymentsAndOtherReceivables_z31sxJ4Iqlua" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td><span id="xdx_8B1_z1S3AZKIIyue" style="display: none"><span id="xdx_8B9_zLgWTqwCDHwi">Schedule of prepayments and other receivables</span></span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_495_20220630_zEksnMKF3GL6" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_490_20211231_zWWFaImb1a0f" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2022</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">December 31, 2021</td></tr> <tr id="xdx_40E_eus-gaap--DepositAssets_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%">Deposits</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">129,289</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">68,991</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_408_ecustom--Prepayments_iI_pp0p0" style="vertical-align: bottom; background-color: White"> <td>Prepayments (a)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">587,437</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">32,279</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--ConstructionLoan_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td id="xdx_F48_zzexQTiZIyRl" style="text-align: left">Prepayments for consultancy fee (b)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,434,666</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,010,667</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--AdvancePaymentsByBorrowersForTaxesAndInsurance_iI_pp0p0_z50x6TrUTeZ" style="vertical-align: bottom; background-color: White"> <td id="xdx_F4F_z5OTodIT4973" style="text-align: left">Prepayments for first insurance funding (c)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">247,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">742,500</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--ValueAddedTaxReceivable_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Value added tax</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">142,536</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">96,818</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--OtherReceivables_iI_pp0p0_z0UsdPSzmRe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Other receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,787</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,666</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--AdvanceToRelatedParty_iI_pp0p0_z61AIuBU2Ju4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Advance to related party</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,538</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2676">—</span> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--DepositsPrepaymentsOtherReceivables_iI_pp0p0" style="vertical-align: bottom; background-color: White"> <td> Total</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">4,549,753</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">6,952,921</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--LessNoncurrentPortion_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Less: non-current portion</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--PrepaymentsForConsultancyFees_iI_pp0p0" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Prepayments for consultancy fee</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl2684">—</span> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(858,667</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_400_ecustom--CurrentPortion_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Current portion</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,549,753</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,094,254</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>
CY2022Q2 us-gaap Deposit Assets
DepositAssets
129289 usd
CY2021Q4 us-gaap Deposit Assets
DepositAssets
68991 usd
CY2022Q2 SOPA Prepayments
Prepayments
587437 usd
CY2021Q4 SOPA Prepayments
Prepayments
32279 usd
CY2022Q2 us-gaap Construction Loan
ConstructionLoan
3434666 usd
CY2021Q4 us-gaap Construction Loan
ConstructionLoan
6010667 usd
CY2022Q2 us-gaap Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
247500 usd
CY2021Q4 us-gaap Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
742500 usd
CY2022Q2 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
142536 usd
CY2021Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
96818 usd
CY2022Q2 us-gaap Other Receivables
OtherReceivables
6787 usd
CY2021Q4 us-gaap Other Receivables
OtherReceivables
1666 usd
CY2022Q2 SOPA Advance To Related Party
AdvanceToRelatedParty
1538 usd
CY2022Q2 SOPA Deposits Prepayments Other Receivables
DepositsPrepaymentsOtherReceivables
4549753 usd
CY2021Q4 SOPA Deposits Prepayments Other Receivables
DepositsPrepaymentsOtherReceivables
6952921 usd
CY2021Q4 SOPA Prepayments For Consultancy Fees
PrepaymentsForConsultancyFees
-858667 usd
CY2022Q2 SOPA Current Portion
CurrentPortion
4549753 usd
CY2021Q4 SOPA Current Portion
CurrentPortion
6094254 usd
CY2022Q2 SOPA Consideration Service Amount
ConsiderationServiceAmount
3250000 usd
CY2021Q4 SOPA Consideration Service Amount
ConsiderationServiceAmount
3190000 usd
SOPA Consulting Expense
ConsultingExpense
2576000 usd
SOPA Consulting Expense
ConsultingExpense
0 usd
CY2022Q2 SOPA Consulting Expense
ConsultingExpense
1288000 usd
CY2021Q2 SOPA Consulting Expense
ConsultingExpense
0 usd
CY2022Q2 SOPA Insurance Prepayment
InsurancePrepayment
247500 usd
CY2021Q4 SOPA Insurance Prepayment
InsurancePrepayment
742500 usd
us-gaap General Insurance Expense
GeneralInsuranceExpense
495000 usd
us-gaap General Insurance Expense
GeneralInsuranceExpense
0 usd
CY2022Q2 us-gaap General Insurance Expense
GeneralInsuranceExpense
247500 usd
CY2021Q2 us-gaap General Insurance Expense
GeneralInsuranceExpense
0 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
336476 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
221068 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
336476 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
221068 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
852858 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
456968 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
0 usd
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
0 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
336476 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
221068 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
36360 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21743 usd
CY2022Q2 SOPA Exchange Difference
ExchangeDifference
-6993 usd
CY2021Q4 SOPA Exchange Difference
ExchangeDifference
1014 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8885955 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8001725 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5601725 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4001725 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3284230 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4000000 usd
CY2022Q2 us-gaap Preferred Stock Share Subscriptions
PreferredStockShareSubscriptions
8000 shares
CY2022Q2 SOPA Stated Value
StatedValue
1000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
1600000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
800000 usd
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2400000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1600000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000 usd
CY2021Q4 SOPA Noncontrolling Interest Ownership Percentage By Noncontrolling Owners
NoncontrollingInterestOwnershipPercentageByNoncontrollingOwners
0.05 pure
CY2022Q2 SOPA Noncontrolling Interest Ownership Percentage By Noncontrolling Owners
NoncontrollingInterestOwnershipPercentageByNoncontrollingOwners
0.05 pure
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
140066 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
77764 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
96713 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57035 usd
us-gaap Depreciation
Depreciation
14617 usd
us-gaap Depreciation
Depreciation
4451 usd
CY2022Q2 us-gaap Depreciation
Depreciation
12380 usd
CY2021Q2 us-gaap Depreciation
Depreciation
4395 usd
CY2021Q1 SOPA Cash Payable
CashPayable
200000 usd
CY2022Q2 SOPA Intellectual Property
IntellectualProperty
200000 usd
CY2022Q2 SOPA Fair Value Of Net Assets Acquired
FairValueOfNetAssetsAcquired
200000 usd
CY2022Q2 SOPA Impairment Loss Recorded
ImpairmentLossRecorded
-200000 usd
us-gaap Related Party Costs
RelatedPartyCosts
40000 usd
CY2022Q2 us-gaap Notes Payable
NotesPayable
160000 usd
SOPA Impairment Loss
ImpairmentLoss
200000 usd
CY2019Q2 us-gaap Short Term Debt Interest Rate Increase
ShortTermDebtInterestRateIncrease
0.15 pure
CY2021Q4 us-gaap Stock Issued1
StockIssued1
3750000 usd
CY2021Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
9
SOPA Exchange Of Shares
ExchangeOfShares
277409 shares
CY2021Q4 us-gaap Minority Interest
MinorityInterest
-102784 usd
SOPA Schedule Of Non Controlling Interest
ScheduleOfNonControllingInterest
<table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfNonControllingInterest_zOFvFCPFz2n3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - ASSET PURCHASE AGREEMENT (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B9_zvW1kI6F0Z72" style="display: none">Schedule of non-controlling interest</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%">Balance, December 31, 2021</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 18%; text-align: right"><span id="xdx_901_ecustom--NoncontrollingInterestOwnershipPercentageByNoncontrollingOwners_iS_dp_c20220101__20220630_zLuPURIryEI8" title="Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners">5</span></td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Transfer (to) from the non-controlling interest as a result of Leflair Purchase Agreement</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_eus-gaap--EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense_dp_c20220101__20220630_z515uYPg5Fh" title="Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent"><span style="-sec-ix-hidden: xdx2ixbrl2881">—</span></span> </td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Parent Co. acquired/exchanged the non controlling interest holding with their shares</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_ecustom--ParentCo.AcquiredexchangedNonControllingInterestHoldingWithTheirShares_dp_c20220101__20220630_zufjOVTlMeQc" title="Parent Co. acquired/exchanged the non controlling interest holding with their shares"><span style="-sec-ix-hidden: xdx2ixbrl2883">—</span></span> </td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Balance, June 30, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_90C_ecustom--NoncontrollingInterestOwnershipPercentageByNoncontrollingOwners_iE_dp_c20220101__20220630_zHMpqUhld22d" title="Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners">5</span></td><td style="text-align: left">%</td></tr> </table>
SOPA Schedule Of Reconciliation Noncontrolling Loss Attributable
ScheduleOfReconciliationNoncontrollingLossAttributable
<table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--ScheduleOfReconciliationNoncontrollingLossAttributable_zARcsm7NBHTa" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - ASSET PURCHASE AGREEMENT (Details 2)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify"><span id="xdx_8B9_zisnvZlDa2Q6" style="display: none">Schedule of reconciliation non-controlling loss attributable to the company</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%; text-align: justify">Non Controlling Interest, December 31, 2021</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_ecustom--MinoritysInterest_iS_pp0p0_c20220101__20220630_zz9J5IeyS4yd" style="width: 18%; text-align: right" title="Non Controlling Interest Beginning Balance">(102,784</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Acquisition cost</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--AcquisitionCosts_c20220101__20220630_pp0p0" style="text-align: right" title="Acquisition cost"><span style="-sec-ix-hidden: xdx2ixbrl2891">—</span> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net loss attributable to non-controlling interest</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_c20220101__20220630_pp0p0" style="text-align: right" title="Net loss attributable to non-controlling interest">(125,297</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Foreign currency translation adjustment</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--GoodwillTranslationAndPurchaseAccountingAdjustments_c20220101__20220630_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Foreign currency translation adjustment">3,356</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Non Controlling Interest, June 30, 2022</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--MinoritysInterest_iE_pp0p0_c20220101__20220630_zSQRwo55qDqb" style="border-bottom: Black 2.5pt double; text-align: right" title="Non Controlling Interest Ending Balance">(224,725</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table>
CY2021Q4 SOPA Minoritys Interest
MinoritysInterest
-102784 usd
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-125297 usd
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
3356 usd
CY2022Q2 SOPA Minority Interests
MinorityInterests
125297 usd
CY2022Q2 SOPA Minoritys Interest
MinoritysInterest
-224725 usd
SOPA Schedule Of Net Loss Attributable To Noncontrolling Interest
ScheduleOfNetLossAttributableToNoncontrollingInterest
<table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfNetLossAttributableToNoncontrollingInterest_zprogqtygcY6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - ASSET PURCHASE AGREEMENT (Details 3)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify"><span id="xdx_8B7_zs29hxxc6Sw8" style="display: none">Schedule of Net loss attributable to non-controlling interest</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 70%; text-align: justify">Net loss generated by SOPA Technology Pte Ltd for the six months ended June 30, 2022</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20220101__20220630_pp0p0" style="width: 18%; text-align: right" title="Net loss generated by SoPa Technology Pte Ltd">(2,546,684</td><td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify; padding-bottom: 1pt">Non controlling interest percentage</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_ecustom--NoncontrollingInterestOwnershipPercentageByParent_iI_dp_c20220630_z0DslSsjblth" title="Noncontrolling Interest, Ownership Percentage by Parent">5</span></td><td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify">Net loss attributable to non-controlling interest</td><td> </td> <td style="text-align: left">$</td><td id="xdx_98E_eus-gaap--IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_pp0p0_c20220101__20220630_zHcAxEQOriE3" style="text-align: right" title="Net loss attributable to non-controlling interest">(125,297</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: justify">Foreign currency translation adjustment</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--GoodwillTranslationAndPurchaseAccountingAdjustments_pp0p0_c20220101__20220630_z6FGEeSfReKe" style="text-align: right" title="Foreign currency translation adjustment">3,356</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: justify; padding-bottom: 2.5pt">Non Controlling Interest</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_ecustom--NonControllingInterest_c20220630_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Non Controlling Interest">(121,941</td><td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table>
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2546684 usd
CY2022Q2 SOPA Noncontrolling Interest Ownership Percentage By Parent
NoncontrollingInterestOwnershipPercentageByParent
0.05 pure
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-125297 usd
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
3356 usd
CY2022Q2 SOPA Non Controlling Interest
NonControllingInterest
-121941 usd
CY2022Q2 SOPA Noncontrolling Interest Ownership Percentage By Parent
NoncontrollingInterestOwnershipPercentageByParent
0.05 pure
CY2022Q2 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
22822 usd
CY2021Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
524763 usd
SOPA Unpaid Compensation
UnpaidCompensation
960833 usd
CY2021Q2 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.83
us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
1157630 shares
us-gaap Stock Issued1
StockIssued1
3854908 usd
SOPA Additional Compensation Expenses
AdditionalCompensationExpenses
2894075 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
903715 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
261907 usd
CY2022Q2 SOPA Accrued Liabilities And Other Payables Related Party
AccruedLiabilitiesAndOtherPayablesRelatedParty
434301 usd
CY2021Q4 SOPA Accrued Liabilities And Other Payables Related Party
AccruedLiabilitiesAndOtherPayablesRelatedParty
60253 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
837355 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
753345 usd
CY2022Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
1271656 usd
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
813959 usd
CY2022Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
2175371 usd
CY2021Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
1075505 usd
CY2022Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
75627 usd
CY2021Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
85888 usd
CY2022Q2 SOPA Accrued Vat Expenses
AccruedVatExpenses
76343 usd
CY2021Q4 SOPA Accrued Vat Expenses
AccruedVatExpenses
62044 usd
CY2022Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
72703 usd
CY2021Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
62272 usd
CY2022Q2 SOPA Other Accrual
OtherAccrual
367682 usd
CY2021Q4 SOPA Other Accrual
OtherAccrual
298141 usd
CY2022Q2 SOPA Other Payables
OtherPayables
245000 usd
CY2021Q4 SOPA Other Payables
OtherPayables
245000 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
837355 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
753345 usd
CY2019Q1 us-gaap Capital
Capital
168000 usd
us-gaap Assets Average Outstanding
AssetsAverageOutstanding
75000 usd
CY2021 us-gaap Assets Average Outstanding
AssetsAverageOutstanding
75000 usd
CY2022Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0526 pure
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M25D
CY2022Q2 us-gaap Capital Lease Obligations
CapitalLeaseObligations
243186 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
139420 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
20668 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
4653 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
810 usd
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
144073 usd
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
21478 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
710586 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
719618 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
627968 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
629130 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
316436 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
266661 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
137841 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
17760 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
738698 usd
CY2022Q2 SOPA Operating Lease Interest
OperatingLeaseInterest
-19080 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
719618 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
426650 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
292968 usd
CY2021Q4 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
990000 usd
CY2021Q4 SOPA Insurance Funding Percentage
InsuranceFundingPercentage
0.75 pure
CY2021Q4 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
990000 usd
CY2021Q4 SOPA Insurance Funding Description
InsuranceFundingDescription
The Company paid the down-payment of $247,500 (25%) and remaining balance $742,500 (75%) to be repaid by 10 installments until August 7, 2022.
CY2022Q2 us-gaap Accounts Payable Interest Bearing Interest Rate
AccountsPayableInterestBearingInterestRate
0.0535 pure
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
4429 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
CY2022Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
384 usd
CY2021Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
454430 usd
SOPA Balance Outstanding Amount
BalanceOutstandingAmount
148137 usd
CY2021 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
151476 usd
CY2021 SOPA Balance Outstanding Amount
BalanceOutstandingAmount
596047 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
150989 usd
CY2022Q4 SOPA Less Imputed Interest
LessImputedInterest
2852 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
148137 usd
CY2022Q2 us-gaap Debt Current
DebtCurrent
63460 usd
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
95000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
95000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
24544443 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
24544443 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19732406 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19732406 shares
CY2021Q3 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1 for 2.5
CY2021Q4 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
2888889 shares
CY2021Q4 SOPA Public Offering Price Per Shares
PublicOfferingPricePerShares
9.00
CY2021Q4 us-gaap Option Indexed To Issuers Equity Shares
OptionIndexedToIssuersEquityShares
236111 shares
CY2021Q4 SOPA Firm Shares
FirmShares
26000001 usd
CY2021Q4 SOPA Option Shares
OptionShares
2124999 usd
SOPA Ipo Closings Description
IpoClosingsDescription
the IPO Closings, all outstanding shares of preferred stock series A, B, B-1, C and C-1 were automatically converted into 888,889 shares, 764,400 shares, 48,000 shares, 465,600 shares and 4,195,200 shares of the Company’s common stock for the value of $8,000,000, $3,412,503, $466,720, $8,353,373 and $5,536,832, respectively.
SOPA Warrant Description
WarrantDescription
During the six months ended June 30, 2022, a total of 70,791 warrants were exercised in exchange to 187,300 shares of its common stock for the value of $412,890. During the six months ended June 30, 2021, no warrants were exercised to common stock.
CY2022Q2 SOPA Warrant Description
WarrantDescription
During the three months ended June 30, 2022, a total of 91 warrants were exercised in exchange to 27,300 shares of its common stock for the value of $55,890. During the three months ended June 30, 2021, no warrants were exercised to common stock.
CY2022Q2 SOPA Consulting Services Share
ConsultingServicesShare
486000 shares
SOPA Consulting Services Share Value
ConsultingServicesShareValue
1524059 usd
CY2022Q1 SOPA Consulting Services Share
ConsultingServicesShare
370000 shares
CY2022Q2 SOPA Consulting Services Share Value
ConsultingServicesShareValue
1060500 usd
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
661215 usd
CY2022Q2 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
255000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
11263271 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
6423481 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2912629 usd
us-gaap Class Of Warrant Or Right Expense Or Revenue Recognized
ClassOfWarrantOrRightExpenseOrRevenueRecognized
Company issued 21,000 shares of warrants to one employee for compensation of his service to purchase 21,000 shares of its common stock for the fair value of $17,500. Each share of warrant is converted to one share of common stock at an exercise price of $0.0001. The warrants will expire on the second (2nd) anniversary of the initial date of issuance. As at December 31, 2019, none of the warrants have been exercised. 21,000 shares fully exercised during the year ended December 31, 2020.
CY2022Q2 SOPA Redeemable Warrant Per Share
RedeemableWarrantPerShare
420
us-gaap Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
1880 shares
CY2021 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
58363 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
0 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
12159652 usd
SOPA Schedule Of Unvested Shares Vesting At Future Years
ScheduleOfUnvestedSharesVestingAtFutureYears
<table cellpadding="0" cellspacing="0" id="xdx_88E_ecustom--ScheduleOfUnvestedSharesVestingAtFutureYears_z9VvMSbDurlc" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - SHAREHOLDERS' DEFICIT (Details 5)"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: white"> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 0.85pt"><span id="xdx_8B5_zM92QbeQ5tcb" style="display: none">Schedule of Future years</span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"> </td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"> </td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"> </td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt; text-align: right"> </td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)"> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: top; width: 45%; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year ended December 31 2022</span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; width: 10%; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_c20220101__20220630__us-gaap--VestingAxis__custom--FirstYearMember_pdd" style="border-bottom: black 1pt solid; font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; width: 42%; padding-right: 0.85pt; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">162,990</span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White"> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Year ended December 31 2023</span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_98E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_c20220101__20220630__us-gaap--VestingAxis__custom--SecondYearMember_pdd" style="border-bottom: black 1pt solid; font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">325,980</span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)"> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total</span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1pt solid; font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td id="xdx_987_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_c20220101__20220630_pdd" style="border-bottom: black 1pt solid; font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt; text-align: right" title="Total"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">448,970</span></td> <td style="font: 10pt/12pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 0.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table>
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
448970 shares
SOPA Amortization Of Stock Compensation Expense
AmortizationOfStockCompensationExpense
1802584 usd
SOPA Amortization Of Stock Compensation Expense
AmortizationOfStockCompensationExpense
0 usd
CY2022Q2 SOPA Amortization Of Stock Compensation Expense
AmortizationOfStockCompensationExpense
634240 usd
CY2021Q2 SOPA Amortization Of Stock Compensation Expense
AmortizationOfStockCompensationExpense
0 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-667610 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
14175900 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-7091091 usd
us-gaap Income Tax Examination Penalties Expense
IncomeTaxExaminationPenaltiesExpense
0 usd
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
336000 usd
us-gaap Legal Fees
LegalFees
75000 usd
CY2022Q2 SOPA Total Outstanding
TotalOutstanding
240981 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2099 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8640 usd
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
-11263271 usd
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
-6423481 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
SOPA Income Tax Expense At Statutory Rate
IncomeTaxExpenseAtStatutoryRate
-2365287 usd
SOPA Income Tax Expense At Statutory Rate
IncomeTaxExpenseAtStatutoryRate
-1348931 usd
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2365287 usd
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1348931 usd
CY2022Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
10371334 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8423632 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10371334 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8423632 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.105 pure
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
us-gaap Pension Expense
PensionExpense
45762 usd
us-gaap Pension Expense
PensionExpense
3986 usd
CY2022Q2 us-gaap Pension Expense
PensionExpense
37672 usd
CY2021Q2 us-gaap Pension Expense
PensionExpense
1925 usd
CY2019Q1 us-gaap Capital
Capital
168000 usd
us-gaap Assets Average Outstanding
AssetsAverageOutstanding
75000 usd
CY2021 us-gaap Assets Average Outstanding
AssetsAverageOutstanding
75000 usd
CY2017Q2 us-gaap Salaries And Wages
SalariesAndWages
40000 usd
CY2017Q2 SOPA Common Shares At Price
CommonSharesAtPrice
250
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardDescription
former employee claims entitlement to compensation and a bonus totaling $566,000 and 39,000-58,500 shares of Company common stock, together with costs. The Company responded to the complaint and also asserted counterclaims in the proceeding for $1,500,000 to $4,000,000 plus punitive damages, together with interest and costs, arising from, inter alia, the former employee’s breach of contract, unfair competition, misappropriation of trade secrets and breach of fiduciary duty. The former employee has responded to the Company’s counterclaims and this action is in the discovery phase of the litigation.
SOPA Salary Payments And Expense Description
SalaryPaymentsAndExpenseDescription
former employee claims entitlement to salary payments and expense reimbursement in the amount of $122,042.60, plus liquidated damages, together with costs. This former employee also claims entitlement to 516,300 to 760,800 shares of the Company’s common stock. In addition, this action also includes claims by a plaintiff-entity alleging entitlement to $8 million in shares of the Company’s Series A Preferred stock. The Company responded to the complaint and also asserted counterclaims against the former employee in the proceeding for $1,500,000 to $2,000,000 plus punitive damages, together with costs, arising from, inter alia, the former employee’s breach of contract, breach of fiduciary duty, tortious interference and fraud. The former employee has responded to the Company’s counterclaims and this action is still in the discovery phase of litigation.
CY2020Q3 SOPA Petitioner Description
PetitionerDescription
The amount alleged to be due to the Petitioner as of July 31, 2020 was said to be $590,461.94 and growing daily while the number of additional common stock shares alleged to be due to Petitioner as of July 31, 2020 was said to be 283,417,033 and growing, daily.
CY2021Q2 us-gaap Other Expenses
OtherExpenses
550000 usd
CY2021Q2 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
250000 usd
CY2021Q2 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
250000 usd
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
300000 usd
CY2021 us-gaap Other Expenses
OtherExpenses
550000 usd

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