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Acquisition (Tables) | 12 Months Ended
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Dec. 31, 2023
Acquisition [Abstract] |
Schedule of Fair Value of the Identifiable Assets Acquired and Liabilities Assumed | Upon the acquisition, the Company recognized a loss of approximately $0.3 million in fair value change for the previous 19.99% equity interests in Smartconn.
|  | Amount |
Total consideration for step acquisition |  | $ | 12,813,305 |
Assets acquired and liabilities assumed: |  |  |  |
Cash acquired |  |  | 49,496 |
Property and equipment, net |  |  | 305 |
Intangible assets, net |  |  | 19,226,106 |
Current liabilities |  |  | (83,496 | )
Total net assets acquired |  |  | 19,192,411 |
Previous held 19.99% Equity Value |  |  | (7,962,586 | )
31% Equity Value with noncontrolling interest |  |  | (19,522,079 | )
Goodwill |  | $ | 21,105,559 |
Upon the acquisition, the Company recognized a gain of approximately $2.7 million in fair value change for the previous 35% equity interests in Boxinrui.
|  | Amount |
Total consideration for step acquisition |  | $ | 24,078,675 |
Assets acquired and liabilities assumed: |  |  |  |
Cash acquired |  |  | 10,258 |
Other current assets |  |  | 1,034,968 |
Property and equipment, net |  |  | 10,975 |
Intangible assets, net |  |  | 17,984,093 |
Current liabilities |  |  | (211,718 | )
Total net assets acquired |  |  | 18,828,576 |
Previous held 31.5% Equity Value |  |  | (13,937,461 | )
10% Equity Value with non-controlling interests |  |  | (4,424,591 | )
Goodwill |  | $ | 23,612,151 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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