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Acquisition of Funverse (Tables) | 6 Months Ended
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Jun. 30, 2025
Acquisition of Funverse [Line Items] |
Schedule of Reconciliation of the Fair Value of Major Classes of Assets Acquired and Liabilities Assumed | The following is a reconciliation of the fair value of major classes of assets acquired and liabilities assumed which comprised of net tangible liabilities on January 7, 2024.
|  | January 7, |
|  | 2024 |
ASSETS |  |  |
Cash and cash equivalents |  | $ | 118,300 |
Accounts receivable |  |  | 323,500 |
Prepayments |  |  | 25,200 |
Prepaid expenses and other assets |  |  | 359,400 |
Content assets |  |  | 165,300 |
Total assets |  | $ | 991,700 |
LIABILITIES |  |  |  |
Accounts payable |  | $ | 43,400 |
Contract liabilities |  |  | 395,000 |
Other current liabilities and accrued expenses |  |  | 1,019,700 |
Total liabilities |  | $ | 1,458,100 |
Net tangible liabilities |  | $ | (466,400 | )
Asset Acquisition [Member] |
Acquisition of Funverse [Line Items] |
Schedule of Reconciliation of the Fair Value of Major Classes of Assets Acquired and Liabilities Assumed | The following table summarizes the estimated fair values of the identifiable assets acquired at the acquisition date, which represents the net purchase price allocation at the date of the acquisition of FunVerse based on a valuation performed by an independent valuation firm engaged by the Company.
|  | January 7, |
|  | 2024 |
ASSETS |  |  |
Net tangible liabilities (1) |  | $ | (466,400 | )
Copyrights (2) |  |  | 581,000 |
Software (2) |  |  | 1,048,200 |
Goodwill |  |  | 2,889,200 |
Deferred tax liabilities |  |  | (277,000 | )
Non-controlling interest |  |  | (1,510,000 | )
Total purchase consideration |  | $ | 2,265,000 |
(1) | The following is a reconciliation of the fair value of major classes of assets acquired and liabilities assumed which comprised of net tangible liabilities on January 7, 2024.
(2) | The copyrights and software, collectively known as content assets, are both applied to produce short dramas. The useful lives of these content assets ranged between 6 and 12 months.

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