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Discontinued Operations
 6 Months Ended
Jun. 30, 2023
Discontinued Operations [Abstract]  
Discontinued Operations

Note 16 – Discontinued Operations

 

The following depicts the financial position for the discounted operations of Wuge as of June 30, 2023 and December 31, 2022, and the result of operations for the discounted operations of Wuge for the six months ended June 30, 2023 and 2022.

 

Results of Operations  For the
six months
ended
June 30,
2023		   For the
six months
ended
June 30,
2022		 
REVENUES        
Wuge digital door signs  $
          -
   $7,616,615 
           
TOTAL REVENUES   
-
    7,616,615 
           
COST OF REVENUES          
Wuge digital door signs   
-
    5,527,950 
           
TOTAL COST OF REVENUES   
-
    5,527,950 
           
GROSS PROFIT   
-
    2,088,665 
           
OPERATING EXPENSES          
Selling, general and administrative   
-
    1,605,935 
           
TOTAL OPERATING EXPENSES   
-
    1,605,935 
           
INCOME FROM OPERATIONS   
-
    482,730 
           
OTHER INCOME (EXPENSE)          
Interest income   
-
    65,251 
Interest expense   
-
    (935)
Other income, net   
-
    70,830 
Total other income, net   
-
    135,146 
           
INCOME  BEFORE INCOME TAXES   
-
    617,876 
           
PROVISION FOR INCOME TAXES   
-
    314,787 
NET INCOME  $
-
   $303,089