XML 21 R5.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
OPERATING EXPENSES    
Selling expenses $ (2,402,908) $ (4,682,804)
General and administrative expenses (5,055,507) (5,235,630)
Research and development expenses (797,500) (2,072,500)
Impairment of Intangible assets (2,755,659)
Provision of credit loss expenses (3,150,000)
TOTAL OPERATING EXPENSES (14,161,574) (11,990,934)
LOSS FROM OPERATIONS (14,161,574) (11,990,934)
OTHER INCOME (EXPENSE)    
Interest income 8,671 4,500
Interest expense (81)
Gain from disposal of subsidiaries 100,000
TOTAL OTHER INCOME (EXPENSE) 8,671 104,419
LOSS BEFORE INCOME TAXES FROM CONTINUING OPERATIONS (14,152,903) (11,886,515)
LESS: INCOME TAX BENEFIT (EXPENSES) 32,101 (327,822)
LOSS FROM CONTINUING OPERATIONS (14,120,802) (12,214,337)
Net loss from continuing operations attributable to noncontrolling interest (284,641) (1,825,130)
Net loss from continuing operations attributable to shareholders of common stock (13,836,161) (10,389,207)
Discontinued operations:    
Loss on disposal, net of taxes (362)
Loss from discontinued operations, net of taxes (2,132,049)
NET LOSS (14,120,802) (14,346,748)
Net loss attributable to noncontrolling interest (284,641) (1,825,130)
Net loss attributable to shareholders of common stock (13,836,161) (12,521,618)
OTHER COMPREHENSIVE INCOME (LOSS)    
- Foreign currency translation adjustment (14,544) 48,655
- Fair value changes of convertible note receivables (102,027) 102,027
OTHER COMPREHENSIVE GAIN (LOSS), net of tax (116,571) 150,682
COMPREHENSIVE LOSS, net of tax (14,237,373) (14,196,066)
Comprehensive loss attributable to noncontrolling interest (378,491) (1,670,294)
Comprehensive loss attributable to shareholders of common stock $ (13,858,882) $ (12,525,772)
WEIGHTED AVERAGE NUMBER OF COMMON STOCKS    
Basic (in Shares) 9,565,918 3,227,302
Diluted (in Shares) 9,565,918 3,227,302
Loss per share from continuing operations    
Basic (in Dollars per share) $ (1.45) $ (3.22)
Diluted (in Dollars per share) (1.45) (3.22)
Loss per share from discontinued operations    
Basic (in Dollars per share) 0 (0.66)
Diluted (in Dollars per share) 0 (0.66)
Loss per share available to common shareholders    
Basic (in Dollars per share) (1.45) (3.88)
Diluted (in Dollars per share) $ (1.45) $ (3.88)