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Taxes (Tables)
12 Months Ended
Dec. 31, 2024
Taxes [Abstract]  
Schedule of Current and Deferred Components of Income Tax Expenses

The current and deferred components of income tax expenses from continuing operations appearing in the consolidated statements of operations are as follows:

 

   For the Year Ended
December 31,
 
   2024   2023 
Current tax expenses        
Federal  $(90,000)  $
-
 
State   (51,810)   
-
 
Total current tax expenses  $(141,810)  $
-
 
Deferred tax benefits (expenses)          
Federal  $173,911   $(327,822)
State   
-
    
-
 
Total deferred tax benefits (expenses)  $173,911   $(327,822)
Total benefits (provision) for income taxes  $32,101   $(327,822)
Schedule of Effective Rate to Income Tax The following is a reconciliation of income tax expenses at the effective rate to income tax at the calculated statutory rates:
   December 31,
2024
   December 31,
2023
 
Statutory tax rate        
Federal   21.00%   21.00%
State (net of federal benefit)   12.56%   8.28%
Foreign tax   (1.21)%   (6.14)%
Provision of credit loss   (7.72)%   
-
%
Impairment loss on intangible assets   (5.97)%   
-
%
Change in valuation allowance   (19.05)%   (23.56)%
Others   0.16%   3.18%
Effective tax rate   (0.23)%   2.76%
Schedule of Deferred Income Tax Assets and Liabilities

The principal components of the Company’s deferred income tax assets and liabilities as of December 31, 2024 and 2023 were as follows:

 

   December 31,   December 31, 
   2024   2023 
Deferred tax assets        
Net operating losses carried forward  $6,105,138   $6,295,697 
Provision of credit loss on note receivable and loan receivable   1,092,011    
-
 
Impairment loss of intangible assets   845,008    
-
 
Lease liability   605,169    352,102 
Total deferred tax assets  $8,647,326   $6,647,799 
Less: Valuation allowance   (8,020,571)   (6,647,799)
Deferred tax assets, net of valuation allowance  $626,755   $
-
 
Deferred tax liabilities          
Right - Of - Use assets  $(465,347)  $(327,822)
Amortization of intangible assets   (315,319)   
-
 
Total deferred tax liabilities  $(780,666)  $(327,822)

Total deferred tax liabilities, net

  $(153,911)  $(327,822)