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Income Taxes
 9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
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 

13. INCOME TAXES

 

Income tax expense for the years ended December 31, 2022 and 2021 consisted of the following:

 

   Year Ended
December 31,		 
   2022   2021 
Current:        
Federal  $
-
   $
-
 
State   2,400    800 
Foreign   
-
    
-
 
Total Current  $2,400   $800 
Deferred:          
Federal  $
-
   $
-
 
State   
-
    
-
 
Foreign   795,378    (187,055)
Total Deferred  $795,378   $(187,055)
Total provision for income taxes  $797,778   $(186,255)

 

Deferred tax assets (liability) as of December 31, 2022 and December 31, 2021 consist approximately of:

 

   December 31,   December 31, 
   2022   2021 
Loss on impairment of Assets   709,961    741,390 
Net operating loss carryforwards    5,866,623    2,801,363 
Tax credit of investment   
-
    698,187 
Operating lease liabilities   213,482    
-
 
Operating lease assets   (213,482)   
-
 
Deferred tax assets, Gross   6,576,584    4,240,940 
Valuation allowance   (6,459,474)   (3,259,028)
Deferred tax assets, net   117,110    981,912