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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 214,269 $ 234,546
Accounts receivable 17,492 2,053
Other receivables, prepaid expenses, and deposit 21,749 53,693
Tax recoverable 745 814
Inventories 7,483 17,131
Total current assets 261,738 308,237
NON-CURRENT ASSETS    
Property and equipment, net 72,179 92,970
Intangible assets, net 3,459 4,498
Operating lease right-of-use assets, net 44,548 92,606
Total non-current assets 120,186 190,074
TOTAL ASSETS [1] 381,924 498,311
CURRENT LIABILITIES    
Accounts payable 29,539 10,901
Other payables and accrued liabilities 154,710 205,359
Finance lease liability 16,515 16,697
Amount due to a director 40,509
Operating lease liability 44,548 45,270
Current tax liabilities 175
Total current liabilities 245,312 318,911
NON-CURRENT LIABILITIES    
Finance lease liability 38,461 58,055
Operating lease liability 47,336
Total non-current liabilities 38,461 105,391
TOTAL LIABILITIES 283,773 424,302
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding
Common stock, $0.0001 par value, 600,000,000 shares authorized, 206,904,585 shares and 206,904,585 shares issued and outstanding as of December 31, 2022 and 2021 respectively 20,690 20,690
Additional paid-in capital 1,395,426 1,395,426
Accumulated other comprehensive losses (5,846) (32,985)
Accumulated deficit (1,324,002) (1,309,711)
TOTAL DSWISS, INC. STOCKHOLDERS’ EQUITY 86,268 73,420
NON-CONTROLLING INTEREST 11,883 589
TOTAL STOCKHOLDERS’ EQUITY 98,151 74,009
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 381,924 $ 498,311
[1] Revenues and costs are attributed to countries based on the location of customers.