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Liquidity, Going Concern, and Restatement (Tables)

9 Months Ended

Sep. 30, 2025

Liquidity, Going Concern, and Restatement [Abstract]

Schedule of Impact of the Restatement

The impact of the restatement on the balance sheets, statements of operations, and statements of cash flows as of and for the nine months ended September 30, 2024 is presented below.

		September 30, 2024
Unaudited Condensed Consolidated Balance Sheets		As Reported				Adjustments				As Restated
Prepaid expense and other current asset		$	91,291			$	22,960			$	114,251
Current Assets			2,148,327				22,960				2,171,287
Property and equipment, net			7,931,478				(7,400,000	)			531,478
Prepayment for asset acquisition			-				691,900				691,900
Total Assets			14,462,845				(6,685,140	)			7,777,705
							-
Short-term loan			866,250				30,000				896,250
Accrued expenses and other current liabilities			3,632,927				(42,626	)			3,590,301
Due to related parties			419,270				(30,143	)			389,127
Current Liabilities			6,548,927				(302,016	)			6,246,911
Total Liabilities			6,483,523				(42,769	)			6,440,754
							-
Additional paid-in capital			87,308,080				(9,053,103	)			78,254,977
Total stockholders’ equity			8,358,466				(6,716,428	)			1,642,038
Noncontrolling interest			(379,144	)			74,057				(305,087	)
Total Equity			7,979,322				(6,642,371	)			1,336,951
Total Liabilities and Equity		$	14,462,845			$	(6,685,140	)		$	7,777,705

		Three Months Ended September 30, 2024
Unaudited Condensed Consolidated Statements of Operations		As Reported				Adjustments				As Restated
Selling, general and administrative expenses		$	301,208			$	256,388			$	557,596
Stock based compensation			-				95,875				95,875
Interest expenses			(219,533	)			(896	)			(220,429	)
Net loss attributable to noncontrolling interests			52,289				(144,951	)			(92,662	)
Net loss			(134,272	)			(353,159	)			(487,431	)
Basic and diluted net loss per common share		$	(0.02	)		$	(0.02	)		$	(0.03	)

		Nine Months Ended September 30, 2024
Unaudited Condensed Consolidated Statements of Operations		As Reported				Adjustments				As Restated
Selling, general and administrative expenses		$	1,772,916			$	176,949			$	1,949,865
Stock based compensation			2,957,736				(547,355	)			2,410,381
Interest expenses			(1,164,248	)			555,064				(609,184	)
Net loss attributable to noncontrolling interests			(255,798	)			(35,408	)			(291,206	)
Net loss			(5,132,182	)			960,878				(4,171,304	)
Basic and diluted net loss per common share			(0.46	)			0.09				(0.37	)

		Nine Months Ended September 30, 2024
Unaudited Condensed Consolidated Statements of Cash Flows		As Reported				Adjustments				As Restated
Net loss		$	(5,387,980	)		$	925,470			$	(4,462,510	)
Stock-based compensation			2,957,736				(547,355	)			2,410,381
Other non-cash income and expenses			1,134,029				(558,559	)			575,470
Prepaid expenses and other deposits			14,177				264,556				278,733
Accrued expenses and other current liabilities			128,189				(86,240	)			41,949
Due from related parties*			(467,424	)			456,789				(10,635	)
Due to related parties			246,138				(246,138	)			-
Net cash used in operating activities			(1,315,534	)			208,523				(1,107,011	)
Loan to related parties*			-				(456,789	)			(456,789	)
Net cash used in investing activities*			-				(456,789	)			(456,789	)
Due to related parties*			-				215,634				215,634
Proceeds from short-term borrowings*			-				30,000				30,000
Net cash provided by financing activities		$	1,399,313			$	245,634			$	1,644,947
Issuance of common stock for conversion of debt		$	845,715			$	(241,493	)		$	604,222

* Previously reported amount was reclassified to financing activities based on current year’s presentation.

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Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-7

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

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