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Concentrations
12 Months Ended
Dec. 31, 2023
Risks and Uncertainties [Abstract]  
Concentrations

Note 20 – Concentrations

 

Concentration of Credit Risk

 

Financial instruments, which potentially subject the Company to a concentration of credit risk for the years, consist principally of temporary cash investments. There have been no losses in these accounts through December 31, 2023 and 2022.

 

Liquidity risk

 

The Company has an accumulated deficit of $316,911,353 and has a working capital deficit of $31,620,271 as of December 31, 2022, which raises substantial doubt about its ability to continue as a going concern as the Company does not have sufficient funds to discharge its current liabilities.

 

Customers

 

Per the Termination Agreement with Mahaser, the Company did not recognize revenue in the year ended on December 31, 2023. The Consulting income from related party for the year ended December 31, 2023 and 2022 was $0 and $90,000.