Ozop Energy Solutions Inc (OZSC)

[Magnum7419]

Other Income (Expenses)



Other expenses, net, for the years ended December 31, 2021, and 2020, was $182,501,302 and $3,389,890, respectively, and were as follows.




Year ended

December 31,


2021 2020
Interest expense $ 53,252,232 $ 3,409,393
Loss on change in fair value of derivatives 17,349,076 176,050
Debt restructure expense 16,450,000 -
Loss (gain) on extinguishment of debt 95,449,994 (195,553 )
Total other expense, net $ 182,501,302 $ 3,389,890