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Segment Reporting
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Segment reporting

Note 14 – Segment reporting

 

The Company follows ASC 280, Segment Reporting, which requires that companies disclose segment data based on how management makes decision about allocating resources to segments and evaluating their performance. The Company’s chief operating decision maker evaluates performance and determines resource allocations based on a number of factors, the primary measure being income from operations.

 

The Company’s remain business segment and operations is Highlight Media. The Company’s consolidated results of operations and consolidated financial position from continuing operations are almost all attributable to Highlight Media; accordingly, management believes that the consolidated balance sheets and statement of operations provide the relevant information to assess Highlight Media’s performance.

 

The following represents assets by division as of:

 

Total assets as of  March 31,
2023
   December 31,
2022
 
Highlight Media  $253,269   $492,315 
GDC, Citi Profit BVI , TMSR HK , Highlight HK, Highlight WFOE and Makesi WFOE   2,373,153    3,311,713 
           
Total Assets  $2,626,422   $3,804,028 

 

Total revenues of  March 31,
2023
   March 31,
2022
 
Highlight Media  $75,374   $    - 
GDC, Citi Profit BVI , TMSR HK , Highlight HK, Highlight WFOE and Makesi WFOE   -    - 
    -    - 
Total revenues  $75,374   $-