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Other Receivables
12 Months Ended
Dec. 31, 2023
Other Receivables [Abstract]  
Other Receivables

Note 8 – Other Receivables

 

Other receivables as of December 31, 2023 and 2022 consisted of the following:

 

    December 31,
2023
    December 31,
2022
 
Receivable from disposal of Wuge   $
-
    $ 948,000  
Others     9,459       78,293  
Total other receivables, net   $ 9,459     $ 1,026,293  

 

The balance of $948,000 on December 31, 2022 is the consideration required to be received upon disposal of Wuge. It was settled on March 9, 2023 by cancellation of 133,333 shares of the Company’s common stock, after giving effect to the reverse stock split which became effective on November 9, 2022, that were previously issued to Wuge shareholders.