XML 78 R54.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Segment Reporting (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Gross Profit Reportable Segment | For fiscal year 2023:
|  | Asset management service |  |  | Supply chain financing/ trading |  |  | Others |  |  | Total |
Reportable segment revenue |  | $ | 12,882,521 |  |  | $ | 20,769,323 |  |  | $ | 1,213,709 |  |  | $ | 34,865,553 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  | $ | 12,882,521 |  |  |  | 20,769,323 |  |  |  | 1,213,709 |  |  |  | 34,865,553 |
Segment gross profit |  | $ | 3,656,650 |  |  | $ | 465,020 |  |  | $ | 766,025 |  |  | $ | 4,887,695 |
For fiscal year 2022:
|  | Asset management service |  |  | Supply chain financing/ trading |  |  | Others |  |  | Total |
Reportable segment revenue |  | $ | 13,630,508 |  |  | $ | 10,107,996 |  |  | $ | 142,502 |  |  | $ | 23,881,006 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  | $ | 13,630,508 |  |  |  | 10,107,996 |  |  |  | 142,502 |  |  |  | 23,881,006 |
Segment gross profit |  | $ | 4,948,314 |  |  | $ | 338,970 |  |  | $ | 108,162 |  |  | $ | 5,395,446 |
Schedule of Loss from Continuing Operations Before Income Tax | Loss from Continuing Operations before Income Tax:
|  | For the Years Ended, |
|  | 2023 |  |  | 2022 |
Supply chain financing/trading |  |  | 660,040 |  |  |  | (494,229 | )
Asset management service |  |  | 4,037,857 |  |  |  | 2,431,254 |
Others |  |  | (561,525 | ) |  |  | 1,337,694 |
Corporate and Unallocated |  |  | 35,151,152 |  |  |  | 15,612,794 |
Total operating expenses and other expense |  |  | 39,287,524 |  |  |  | 18,887,513 |
Loss from Continuing Operations before Income Tax |  |  | (34,399,829 | ) |  |  | (13,492,067 | )
Schedule of Segment Assets | Segment assets:
|  | December 31, |
|  | 2023 |  |  | 2022 |
Supply chain financing/trading |  |  | 12,437,136 |  |  |  | 26,487,090 |
Asset management service |  |  | 3,640,811 |  |  |  | 3,387,506 |
Others |  |  | 23,855,261 |  |  |  | 14,090,091 |
Corporate and Unallocated |  |  | 21,007,542 |  |  |  | 40,756,378 |
Assets related to discontinued operation |  |  | - |  |  |  | 296,654 |
Total assets |  |  | 60,940,750 |  |  |  | 85,017,719 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration