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Taxes (Tables) | 6 Months Ended
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Jun. 30, 2025
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 unaudited interim condensed consolidated statements of operations are as follows:
|  | For the six months ended June 30, |
|  | 2025 |  |  | 2024 |
Current tax expenses |  | (unaudited) |  |  | (unaudited) |
Federal |  | $ | (20,000 | ) |  | $ | - |
State |  |  | (120,832 | ) |  |  | - |
Total current tax expenses |  | $ | (140,832 | ) |  | $ | - |
Deferred tax benefits |  |  |  |  |  |  |  |
Federal |  | $ | 153,911 |  |  | $ | 21,918 |
State |  |  | - |  |  |  | - |
Total deferred tax benefits |  | $ | 153,911 |  |  | $ | 21,918 |
Total benefits for income taxes |  | $ | 13,079 |  |  | $ | 21,918 |
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:
|  | For the six months ended June 30, 2025 |  |  | For the six months ended June 30, 2024 |
(unaudited) |  | (unaudited) |
Statutory tax rate |  |  |  |  |  |
Federal |  |  | 21.00 | % |  |  | 21.00 | %
State (net of federal benefit) |  |  | 13.47 | % |  |  | - |
Foreign tax |  |  | (0.00 | )% |  |  | (1.44 | )%
Amortization of intangible assets |  |  | (10.57 | )% |  |  | - |
Change in valuation allowance |  |  | (27.92 | )% |  |  | (19.56 | )%
Others |  |  | 3.49 | % |  |  | (0.28 | )%
Effective tax rate |  |  | (0.53 | )% |  |  | (0.28 | )%
Schedule of Deferred Income Tax Assets and Liabilities | The principal components of the Company’s deferred income tax assets and liabilities as of June 30, 2025 and December 31, 2024 were as follows:
|  | June 30, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
|  | (unaudited) |  |  |  |
Deferred tax assets |  |  |  |  |  |
Net operating losses carried forward |  | $ | 6,803,230 |  |  | $ | 6,105,138 |
Provision of credit loss on note receivable and loan receivable |  |  | 1,092,011 |  |  |  | 1,092,011 |
Impairment loss of intangible assets |  |  | 845,008 |  |  |  | 845,008 |
Amortization of intangible assets |  |  | 263,140 |  |  |  | - |
Lease liability |  |  | 438,114 |  |  |  | 605,169 |
Total deferred tax assets |  | $ | 9,441,503 |  |  | $ | 8,647,326 |
Less: Valuation allowance |  |  | (9,047,896 | ) |  |  | (8,020,571 | )
Deferred tax assets, net of valuation allowance |  | $ | 393,607 |  |  | $ | 626,755 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Right - Of - Use assets |  | $ | (393,607 | ) |  | $ | (465,347 | )
Amortization of intangible assets |  |  | - |  |  |  | (315,319 | )
Total deferred tax liabilities |  | $ | (393,607 | ) |  | $ | (780,666 | )
Total deferred tax liabilities, net |  | $ | - |  |  | $ | (153,911 | )

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