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Unaudited Condensed Consolidated Balance Sheets
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Current Assets      
Cash and cash equivalents $ 152,206 $ 248,382 $ 60,155
Restricted cash 607,362 615,433 656,625
Inventories 11,460    
Accounts receivable, net   1,530
Short-term investments 65,052 64,736 79,312
Prepaid expense and other current assets 96,362 96,213 101,051
Total Current Assets 1,469,561 2,179,815 1,656,709
Property and equipment, net 8,168,746 511,088 569,278
Operating lease right-of-use assets 533,460 640,387 809,283
Long-term investments 2,760,062 2,258,754 2,527,740
Prepayment for long-term investments 1,124,842 1,124,842 1,274,842
Prepayment for asset acquisition 691,900 691,900 691,900
Other non-current assets 127,128 133,121 141,231
Total Assets 14,875,699 7,539,907 7,784,499
Current Liabilities      
Short-term bank and other loans 801,407 840,252 899,250
Accrued expenses and other current liabilities 3,826,819 3,509,422 3,548,352
Contract liabilities 81,115 81,115 79,500
Taxes payables   112,946
Operating lease liabilities 366,475 403,581 401,826
Total Current Liabilities 6,730,739 6,557,461 6,101,889
Tenant security deposit 21,680 21,680 21,680
Operating lease liability – non-current 166,985 236,807 407,457
Total Liabilities 6,919,404 6,815,948 6,531,026
COMMITMENTS AND CONTINGENCIES    
Equity      
Preferred stock, $0.001 par value, 20,000,000 authorized, nil shares issued and outstanding
Common stock, value 15,378 13,868 [1] 7,940 [1]
Stock to be issued 31,040 31,040
Additional paid-in capital 83,615,369 78,595,065 73,978,380
Accumulated deficit (69,791,882) (68,949,807) (64,046,929)
Accumulated other comprehensive income 444,172 445,665 516,387
Treasury stock (8,909,691) (8,909,691) (8,901,668)
Total Stockholders’ equity 5,404,386 1,226,140 1,554,110
Noncontrolling interest 2,551,909 (502,181) (300,637)
Total Equity 7,956,295 723,959 1,253,473
Total Liabilities and Equity 14,875,699 7,539,907 7,784,499
Related Party      
Current Assets      
Accounts receivable - related parties, net 10,463
Due from related parties 537,119 1,155,051 747,573
Due from related parties - non-current, net 113,516
Current Liabilities      
Due to related parties 819,384 773,045 173,493
Convertible notes payable – third parties, net $ 835,539 $ 950,046 $ 886,522
[1] Prior period results have been adjusted to reflect the 1-for-10 reverse stock split effected on July 25, 2023.