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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 28,038,818 $ 17,827,383
Restricted Cash 726,802 694,520
Account Receivables, Net 72,299 46,522
Other Receivables 4,936,256 446,798
Prepaid Expense 400,160 188,070
Inventory 27,988 35,020
Investment in Securities at Fair Value 2,070,468 6,288,236
Investment in Securities at Fair Value - Related Party 22,044,510 13,193,089
Investment in Securities at Cost 98,804 98,129
Investment in Securities at Equity Method 27,586,198 52,987,224
Total Current Assets 87,739,076 95,422,167
Real Estate    
Rental Properties 31,129,286 31,169,031
Properties under Development 8,775,951 23,449,698
Operating Lease Right-Of-Use Assets, net 1,695,055 1,614,159
Deposits 394,119 536,947
Other Receivables - Long Term 4,855,609
Cash and Marketable Securities Held in Trust Account 20,977,754
Goodwill 274,445
Property and Equipment, Net 1,173,113 1,298,334
Total Assets 157,014,408 153,490,336
Current Liabilities:    
Accounts Payable and Accrued Expenses 6,246,449 2,983,470
Deferred Revenue 2,100 21,198
Operating Lease Liabilities - current 207,301 45,556
Total Current Liabilities 6,501,992 3,244,738
Long-Term Liabilities:    
Operating Lease Liabilities - noncurrent 1,517,942 1,582,483
Notes Payable 129,250
Total Liabilities 8,149,184 4,827,221
Commitments and Contingencies (Note 14)
Temporary Equity    
Class A Common Stock of Alset Capital Acquisition Corp subject to possible redemption; 1,976,036 shares at approximately $10.32 per share as of September 30, 2023 20,382,965
Stockholders’ Equity:    
Preferred Stock, $0.001 par value; 25,000,000 shares authorized, none issued and outstanding
Common Stock, $0.001 par value; 250,000,000 shares authorized; 9,235,119 and 7,422,846 shares issued and outstanding on September 30, 2023 and December 31, 2022, respectively 9,235 7,423
Additional Paid in Capital 332,455,457 322,534,891
Accumulated Deficit (214,401,732) (188,724,411)
Accumulated Other Comprehensive Income 1,351,535 3,836,063
Total Alset Inc. Stockholders’ Equity 119,414,495 137,653,966
Non-controlling Interests 9,067,764 11,009,149
Total Stockholders’ Equity 128,482,259 148,663,115
Total Liabilities and Stockholders’ Equity 157,014,408 153,490,336
Related Party [Member]    
Current Assets:    
Note Receivables - Related Parties 1,736,773 3,617,176
Current Liabilities:    
Notes Payable - Related Parties 16,183 12,668
Nonrelated Party [Member]    
Current Liabilities:    
Notes Payable - Related Parties $ 29,959 $ 181,846