SEGMENT REPORTING

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE－5 SEGMENT REPORTING 

Currently, the Company has four reportable business segments:

(i) e-Commerce operates an online lifestyle platform under the brand name of “Leflair” covering a diversity of services and products, such as Fashion & Accessories, Beauty & Personal Care, and Home & Lifestyle, and managed by SOPA Technology Company Ltd, and

(ii) Merchant POS operates the sale of hardware and software, managed by Hottab group and SOPA entities except SOPA Technology Company Ltd, and

(iii) Online grocery and food deliveries operates an online food delivery under brand name of “Handycart” and online grocery delivery under “Pushkart”, managed by Dream Space Trading Co Ltd and New Retail Experience Incorporated respectively, and

(iv) Telecommunication reseller operates the sales of local mobile plan and global internet plan, managed by Gorilla Group.

The Company’s Chief Finance Officer (CFO) evaluates operating segments using the following table presents revenues and gross profits by reportable segment and asset except liability information.

Schedule of Segment Reporting

	Six Months Ended June 30, 2022
	Online Grocery and Food Deliveries			Telecommunication Reseller			e-Commerce			Merchant POS			Total
Revenue from external customers:
Sales – online ordering	$	—		$	—		$	892,715		$	—		$	892,715
Sales – online platform		23,836			—			—			—			23,836
Sales – data		—			5,642			—			—			5,642
Software sales		—			—			—			21,890			21,890
Hardware sales		—			—			—			69			69
Total revenue		23,836			5,642			892,715			21,959			944,152
Cost of sales:
Cost of online ordering		—						(825,960	)		—			(825,960	)
Cost of online platform		(26,898	)		—			—			—			(26,898	)
Cost of data		—			(975	)								(975	)
Software sales		—			—			(92,541	)		(12,664	)		(105,205	)
Hardware sales		—			—			—			(45	)		(45	)
Total cost of revenue		(26,898	)		(975	)		(918,501	)		(12,709	)		(959,083	)
Gross income (loss)		(3,062	)		4,667			(25,786	)		9,250			(14,931	)
Operating Expenses
Sales and marketing expenses		(818	)		—			(448,574	)		—			(449,392	)
Software development costs		—			—			—			(36,868	)		(36,868	)
Impairment loss		—			—			—			(528,583	)		(528,583	)
Depreciation		(77	)		(1,270	)		—			(13,270	)		(14,617	)
Amortization		—			—			—			(1,600,000	)		(1,600,000	)
General and administrative expenses		(59,372	)		(79,852	)		(606,910	)		(10,825,311	)		(11,571,445	)
Total operating expenses		(60,267	)		(81,122	)		(1,055,484	)		(13,004,032	)		(14,200,905	)
Loss from operations		(63,329	)		(76,455	)		(1,081,270	)		(12,994,782	)		(14,215,836	)
Other income (expense)
Interest income		—			—			186			5,886			6,072
Interest expense		—			—			—			(4,429	)		(4,429	)
Other income		—			1,777			699			35,817			38,293
Total other income		—			1,777			885			37,274			39,936
Loss before income taxes	$	(63,329	)	$	(74,678	)	$	(1,080,385	)	$	(12,957,508	)	$	(14,175,900	)

	Six Months Ended June 30, 2021
	Online Grocery and Food Deliveries		Telecommunication Reseller		e-Commerce		Merchant POS			Total
Revenue from external customers:
Sales – online ordering	$	—	$	—	$	—	$	—		$	—
Sales – online platform		—		—		—		—			—
Sales – data		—		—		—		—			—
Software sales		—		—		—		16,954			16,954
Hardware sales		—		—		—		335			335
Total revenue		—		—		—		17,289			17,289
Cost of sales:
Cost of online ordering		—		—		—		—			—
Cost of online platform		—		—		—		—			—
Cost of data		—		—		—		—			—
Software sales		—		—		—		(104,692	)		(104,692	)
Hardware sales		—		—		—		(165	)		(165	)
Total cost of revenue		—		—		—		(104,857	)		(104,857	)
Gross income (loss)		—		—		—		(87,568	)		(87,568	)
Operating Expenses
Sales and marketing expenses		—		—		—		(42,184	)		(42,184	)
Software development costs		—		—		—		(66,989	)		(66,989	)
Impairment loss		—		—		—		(200,000	)		(200,000	)
Depreciation		—		—		—		(4,451	)		(4,451	)
Amortization		—		—		—		(1,600,000	)		(1,600,000	)
General and administrative expenses		—		—		—		(4,517,448	)		(4,517,448	)
Total operating expenses		—		—		—		(6,431,072	)		(6,431,072	)
Loss from operations		—		—		—		(6,518,640	)		(6,518,640	)
Other income (expense)
Interest income		—		—		—		16			16
Interest expense		—		—		—		(24,214	)		(24,214	)
Loss on settlement of litigation								(550,000	)		(550,000	)
Other income		—		—		—		1,747			1,747
Total other income		—		—		—		(572,451	)		(572,451	)
Loss before income taxes	$	—	$	—	$	—	$	(7,091,091	)	$	(7,091,091	)

	Three Months Ended June 30, 2022
	Online Grocery and Food Deliveries			Telecommunication Reseller			e-Commerce			Merchant POS			Total
Revenue from external customers:
Sales – online ordering	$	—		$	—		$	466,616		$	—		$	466,616
Sales – online platform		23,836			—			(8,042	)		—			15,794
Sales – data		—			5,642			—			—			5,642
Software sales		—			—			—			10,941			10,941
Hardware sales		—			—			—			69			69
Total revenue		23,836			5,642			458,574			11,010			499,062
Cost of sales:
Cost of online ordering		—						(432,707	)		—			(432,707	)
Cost of online platform		(26,898	)		—			2,637			—			(24,261	)
Cost of data		—			(975	)		—			—			(975	)
Software sales		—			—			(34,836	)		(6,376	)		(41,212	)
Hardware sales		—			—			—			(45	)		(45	)
Total cost of revenue		(26,898	)		(975	)		(464,906	)		(6,421	)		(499,200	)
Gross income (loss)		(3,062	)		4,667			(6,332	)		4,589			(138	)
Operating Expenses
Sales and marketing expenses		(818	)		—			(252,472	)		—			(253,290	)
Software development costs		—			—			—			(17,320	)		(17,320	)
Impairment loss		—			—			—			—			—
Depreciation		(77	)		(1,270	)		5			(6,653	)		(7,995	)
Amortization		—			—			—			(800,000	)		(800,000	)
General and administrative expenses		(59,372	)		(79,852	)		(435,855	)		(5,962,290	)		(6,537,369	)
Total operating expenses		(60,267	)		(81,122	)		(688,322	)		(6,786,263	)		(7,615,974	)
Loss from operations		(63,329	)		(76,455	)		(694,654	)		(6,781,674	)		(7,616,112	)
Other income (expense)
Interest income		—			—			146			5,881			6,027
Interest expense		—			—			—			(384	)		(384	)
Other income		—			1,777			—			22,895			24,672
Total other income		—			1,777			146			28,392			30,315
Loss before income taxes	$	(63,329	)	$	(74,678	)	$	(694,508	)	$	(6,753,282	)	$	(7,585,797	)

	Three Months Ended June 30, 2021
	Online Grocery and Food Deliveries		Telecommunication Reseller		e-Commerce		Merchant POS			Total
Revenue from external customers:
Sales – online ordering	$	—	$	—	$	—	$	—		$	—
Sales – online platform		—		—		—		—			—
Sales – data		—		—		—		—			—
Software sales		—		—		—		7,714			7,714
Hardware sales		—		—		—		69			69
Total revenue		—		—		—		7,783			7,783
Cost of sales:
Cost of online ordering		—		—		—		—			—
Cost of online platform		—		—		—		—			—
Cost of data		—		—		—		—			—
Software sales		—		—		—		(86,498	)		(86,498	)
Hardware sales		—		—		—		(64	)		(64	)
Total cost of revenue		—		—		—		(86,562	)		(86,562	)
Gross income (loss)		—		—		—		(78,779	)		(78,779	)
Operating Expenses
Sales and marketing expenses		—		—		—		(41,284	)		(41,284	)
Software development costs		—		—		—		(36,828	)		(36,828	)
Impairment loss		—		—		—		—			—
Depreciation		—		—		—		(2,214	)		(2,214	)
Amortization		—		—		—		(800,000	)		(800,000	)
General and administrative expenses		—		—		—		(3,365,588	)		(3,365,588	)
Total operating expenses		—		—		—		(4,245,914	)		(4,245,914	)
		—		—
Loss from operations		—		—		—		(4,324,693	)		(4,324,693	)
Other income (expense)
Interest income		—		—		—		10			10
Interest expense		—		—		—		(12,157	)		(12,157	)
Other income		—		—		—		992			992
Total other income		—		—		—		(11,115	)		(11,155	)
Loss before income taxes	$	—	$	—	$	—	$	(4,335,848	)	$	(4,335,848	)

	June 30, 2022
	Online Grocery and Food Deliveries		Telecommunication Reseller		e-Commerce		Merchant POS		Total
Intangible assets, net	$	—	$	884,230	$	—	$	2,854,519	$	3,738,749
Identifiable assets	$	95,155	$	184,102	$	699,561	$	32,779,447	$	33,758,265

	December 31, 2021
	Online Grocery and Food Deliveries		Telecommunication Reseller		e-Commerce		Merchant POS		Total
Intangible assets, net	$	—	$	—	$	—	$	4,000,000	$	4,000,000
Identifiable assets	$	—	$	—	$	9,638,035	$	21,538,322	$	31,176,357

	Six Months Ended June 30, 2022
	Online Grocery and Food Deliveries		Telecommunication Reseller		e-Commerce		Merchant POS		Total
Capital Expenditure:
Purchase of property, plant, and equipment	$	—	$	—	$	30,783	$	57,613	$	88,396
Total capital expenditure	$	—	$	—	$	30,783	$	57,613	$	88,396

		Six Months Ended June 30, 2021
		Online Grocery and Food Deliveries		Telecommunication Reseller		e-Commerce		Merchant POS		Total
Capital Expenditure:
Purchase of property, plant, and equipment	$	—	$	—	$	—	$	—	$	—
Total capital expenditure	$	—	$	—	$	—	$	—	$	—

The below sales are based on the countries in which the customer is located. Summarized financial information concerning our geographic segments is shown in the following tables:

Schedule of geographic revenue segments

	Six Months Ended June 30,
	2022		2021
Indonesia	$	20,696	$	14,974
Vietnam		896,661		2,315
Singapore		5,641		—
Philippines		21,154		—
	$	944,152	$	17,289

	Three Months Ended June 30,
	2022		2021
Indonesia	$	10,328	$	6,930
Vietnam		469,137		853
Singapore		5,641		—
Philippines		13,956		—
	$	499,062	$	7,783