| SCHEDULE OF CONSOLIDATED STATEMENTS OF OPERATIONS |
In
addition to the significant expense categories included within net loss presented on the Company’s Consolidated Statements of Operations,
see below for disaggregated amounts that comprise consulting and personnel expenses:
SCHEDULE OF CONSOLIDATED STATEMENTS OF OPERATIONS
| | |
2025 | | |
2024 | |
| | |
Years
Ended December 31, | |
| | |
2025 | | |
2024 | |
| Consulting expenses | |
$ | 4,822,857 | | |
$ | 4,578,735 | |
| Personnel expenses | |
| 2,394,957 | | |
| 3,336,242 | |
| Other
expenses* | |
| 2,281,925 | | |
| 4,874,832 | |
| Total
operating expenses | |
$ | 9,499,739 | | |
$ | 12,789,809 | |
| * |
Other
expenses materially comprised of rent, property taxes, insurance, depreciation, licenses and business taxes, software subscription
fees, issuance cost, bad debt, dues and subscriptions, travel and entertainment, and marketing. Other expenses includes loss on impairment
of long-lived assets of $1,659,835 for the year ended December 31, 2024. |
|