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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 668,387 $ 668,387
Digital assets 50,733,354 35,137,576
Prepayments 12,125,500 12,125,500
Total current assets 64,657,906 49,064,580
Non-current assets:    
Investment in associate company 13,396,000
Total assets 78,053,906 49,064,580
Current liabilities:    
Account payables 924,127 926,456
Tax payable 130,934 130,942
Other payables 812,500 1,600,000
Total current liabilities 3,049,153 4,350,496
Non-current liabilities:    
Deferred tax liabilities [1] 2,301,348
Total liabilities 5,350,501 4,350,496
Stockholders’ equity:    
Common stock; no par value; 6,976,410 and 1,054,530 issued and outstanding at June 30, 2024 and December 31, 2023 respectively [2] 71,718,790 56,348,650
Accumulated other comprehensive loss (113) (8)
Retained Earnings /(Accumulated Deficits) [1] 984,728 (11,634,558)
Total stockholders’ equity 72,703,405 44,714,084
Total liabilities and stockholders’ equity 78,053,906 49,064,580
Third Parties    
Current assets:    
Accounts receivable-third parties, net 1,130,665 1,133,117
Related Parties    
Current liabilities:    
Amount due to related parties [2] $ 1,181,592 $ 1,693,098
[1] There is an adjustment of $10,530 in both tax expenses and deferred tax liabilities due to under-provision of tax expenses.
[2] There is a reclassification amount of $594,140 from amount due to related parties to equity as these related parties loans have been converted to equity.