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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2024

Payables and Accruals [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

13. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consist of the following:

 SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

		December 31,				December 31,
		2024				2023
		US$				US$
Accrued payroll and welfare			23,177				46,444
Accounts payable			18,845				24,508
Advance from customers			83,450				385,975
Payables for professional fees			245,907				192,074
Payables for borrowing Filecoin for initial pledge of the Filecoin mining business			2,039,453				434,237
Other taxes payable			2,165				3,292
Payable financing advisory fees			—				480,000
Other operating and management expenses			53,439				22,032
Total accrued expenses and other current liabilities			2,466,436				1,588,562

MERCURITY FINTECH HOLDING INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

(In U.S. dollars, except for number of shares and per share (or ADS) data)

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- Definition

The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 720
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483384/720-30-45-1

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- References

No definition available.

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