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Consolidated Statements of Cash Flows
 12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Cash flows from operating activities:    
Net loss $ (49,206,019) $ (44,520,635)
Adjustments to reconcile net loss to net cash used in operating activities    
Share-based compensation expense 11,235,026 2,088,725
Non-cash lease expense 1,496,286
Depreciation of property and equipment 261,323 392,873
Interest income on notes receivable (34,665)
Interest expense on borrowings 784,479  
Foreign exchange (gain) loss, net (909,227) 2,643,261
Investment loss, net 6,878,869 8,937,431
Allowance for expected credit losses on financial instruments 1,077,184 16,509
Change in fair value of warrant liabilities (4,548) (8,952)
Change in fair value of forward share purchase liability 82,182 5,392,293
Gain on disposal of property and equipment (664,816)
Loss on settlement of forward share purchase agreement 378,895
Reversal of over-accruals in prior year (3,595,028)
Accounts receivable (1,187,628) (1,947,089)
Loans receivable (15,656) 2,319,054
Deposits, prepayments, and other receivables (2,495,082) (198,512)
Accounts payable and accrued liabilities 6,894,066 10,877,792
Escrow liabilities (12,670,774) (4,998,181)
Lease liabilities (1,130,008)
Income tax payable 542,982 (282,459)
Net cash used in operating activities (42,282,159) (19,304,399)
Cash flows from investing activities:    
Proceeds from sale of investments 3,976,657 1,853,473
Purchase of notes receivable (589,086)
Purchase of long-term investments (288,581)
Addition in long-term investments, related party (16,228,690)
Dividend received from long-term investments 1,670,045 1,154,749
Proceeds from sale of property and equipment 6,127,576
Purchase of property and equipment (104,846) (968,367)
Net cash provided by (used in) investing activities 10,791,765 (14,188,835)
Cash flows from financing activities:    
Advances from the holding company 9,342,972 9,752,275
Settlement of forward share purchase agreement (13,952,683)
Proceeds from borrowings 7,746,414 4,464,391
Repayments of borrowings (6,026,937)
Proceeds from private placement 1,850,310
Dividend paid to the holding company (17,437,805)
Cash proceeds from reverse recapitalization, net of redemption 15,356,580
Net cash (used in) provided by financing activities (1,039,924) 12,135,441
Effect on exchange rate change on cash, cash equivalents and restricted cash (85,689) (429,542)
Net change in cash, cash equivalent and restricted cash (32,616,007) (21,787,335)
BEGINNING OF YEAR 51,294,072 73,081,407
END OF YEAR 18,678,065 51,294,072
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash received from income tax recoverable 427,363 125,353
Cash paid for income taxes 172,334 531,592
Cash received from interest 349,055 99,132
Cash paid for interest 784,479 140,644
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Initial recognition of operating lease liabilities related to right-of-use asset 12,512,585
Forgiveness of amounts due to the holding company 12,593,384 6,000,000
Issuance of ordinary shares to settle finder fee 4,000,000
Issuance of ordinary shares to settle payables 7,203,070
Purchase of property and equipment, through earnest deposit 7,182,131
Special dividend to the holding company offset with amount due from the holding company 29,562,195
Transaction costs in related to Business Combination 8,308,754
Liability assumed related to forward share purchase agreement 13,491,606
Cash and cash equivalents 1,861,223 6,449,876
Restricted cash 16,816,842 44,844,196
Total cash, cash equivalents and restricted cash $ 18,678,065 $ 51,294,072