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Taxes (Tables)

6 Months Ended

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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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
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-Name Accounting Standards Codification
-Section 55
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