Accounting policies and procedures (Tables)
 12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Estimated useful Lives of Property and Equipment

 

Automotive Vehicles   5 years 
Furniture and Equipment   7 years 
Buildings and Improvements   10 years 
Schedule of Fair Value of Liabilities Measured on Recurring Basis

The following table presents the derivative financial instruments, the Company’s only financial liabilities, measured and recorded at fair value on the Company’s consolidated balance sheet on a recurring basis, and their level within the fair value hierarchy as of December 31, 2021 and December 31, 2020:

 

December 31, 2021

  

   Amount   Level 1   Level 2   Level 3 
Embedded conversion derivative liability  $712,784   $-   $-   $712,784 
Warrant derivative liabilities  $-   $      -   $        -   $- 
Total  $712,784   $-   $-   $712,784 

 

December 31, 2020

 

   Amount   Level 1   Level 2   Level 3 
Embedded conversion derivative liability  $2,246,080   $       -   $        -   $2,246,080 
Warrant derivative liabilities  $1,565   $-   $-   $1,565 
Total  $2,247,645   $-   $-   $2,247,645 
Schedule of Revenue by Major Customers by Reporting Segments

In general, the Company’s business segmentation is aligned according to the nature and economic characteristics. Revenue is characterized by several lines of services and typically the pricing is fixed.

 

  

Year ended December 31,
Revenue Breakdown by Streams  2021   2020 
Service: Transportation  $1,775,594   $1,928,289 
Service: Currency Processing  $2,800,377   $2,111,966 
Service: Compliance  $83,422   $91,395 
Total  $4,659,393   $4,131,650 
Schedule of Basic and Diluted Earnings Per Share (“EPS”)

The following is a reconciliation of the numerator and denominator used in the basic and diluted earnings per share (“EPS”) calculations for the year ended December 31, 2021 and December 31, 2020.

 

  

Year ended

December 31, 2021

    

Year ended

December 31, 2020

 
             
Numerator:             
Net income / (loss)  $1,750,589     $ (934,577)
              
Denominator:             
Weighted-average shares of common stock   8,457,364      

8,016,204

 
Dilutive effect of warrants   -       - 
Dilutive effect of convertible instruments   3,875,500       - 
Diluted weighted-average of common stock   12,314,864      

8,016,204

 
              
Net income per common share from:             
Basic  $0.21     $

(0.12

)
Diluted  $0.14     $ (0.12)