XML 61 R52.htm IDEA: XBRL DOCUMENT v3.25.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Operating results from discontinued operations (Details) - USD ($)
 6 Months Ended
May 27, 2025
Jun. 30, 2025
Jun. 30, 2024
Operating cost and expenses      
Income (loss) from discontinued operations before tax   $ (129,822,040) $ 23,732,735
Income tax expenses (benefits)   32,646,978 607,490
Net income (loss) from discontinued operations   (162,469,018) 23,125,245
Net cash provided by (used in) discontinued operating activities   (14,407,658) 14,882,072
Net cash used in discontinued investing activities   (54,180,371) (255,424,463)
Net cash used in discontinued financing activities     (5,406,024)
PRC Business | Discontinued operations disposed of by sale      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Revenues   1,143,723 15,150,985
Operating cost and expenses      
Cost of revenue   2,350,868 7,690,781
Sales and marketing   89,138 1,042,389
General and administrative   4,328,419 7,450,761
Research and development   44,729 383,074
Net gain on contingent risk assurance liabilities   (1,073,370) (3,497,158)
Net recovery on provision for credit losses   (2,366,384) (17,894,343)
Total operating cost and expenses   3,373,400 (4,824,496)
Interest income   597,333 2,670,673
Net gain on equity securities     689,034
Foreign exchange gain (loss), net   (74,202) 68,281
Other income   1,762,390 583,226
Other expenses   (7,228,461) (253,959)
Income (loss) from discontinued operations before tax   (7,172,617) 23,732,736
Income tax expenses (benefits)   638 (607,490)
Net income (loss) from discontinued operations $ (162,469,018) (7,171,979) 23,125,246
Net cash provided by (used in) discontinued operating activities   (14,407,658) 14,882,072
Net cash used in discontinued investing activities   $ (54,180,371) (255,424,463)
Net cash used in discontinued financing activities     $ (5,406,024)