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Income Taxes
 9 Months Ended
Sep. 30, 2023
Income Taxes [Abstract]  
INCOME TAXES

9. INCOME TAXES

 

Income tax expense for the nine-month period ended September 30, 2023 and 2022 consisted of the following:

 

   Nine months Ended
September 30,		 
   2023   2022 
   (Unaudited) 
Current:        
Federal  $
-
   $
-
 
State   
-
    1,600 
Foreign   
-
    
-
 
Total Current  $
-
   $1,600 
Deferred:          
Federal  $
-
   $
-
 
State   
-
    
-
 
Foreign   80,696    (166,696)
Total Deferred  $80,696   $(166,696)
Total provision for (benefit from) income taxes  $80,696   $(165,096)

 

Deferred tax assets (liability) as of September 30, 2023 and December 31, 2022 consist approximately of:

 

   September 30,
2023		   December 31,
2022		 
   (Unaudited)     
Loss on impairment of Assets   679,428    709,961 
Net operating loss carryforwards   5,713,161    5,866,623 
Operating lease liabilities   213,482    213,482 
Operating lease assets   (213,482)   (213,482)
Deferred tax assets, Gross   6,392,589    6,576,584 
Valuation allowance   (6,358,333)   (6,459,474)
Deferred tax assets, net  $34,256   $117,110