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Discontinued Operations (Tables) | 6 Months Ended
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Jun. 30, 2024
Discontinued Operations [Abstract] |
Schedule of Loss from Discontinued Operations | Loss from discontinued operations for June 30, 2024 and 2023 was as follows:
|  | For the three months ended June 30, |  |  | For the six months ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
REVENUES |  | $ | - |  |  | $ | 87,741 |  |  | $ | - |  |  | $ | 117,256 |
COST OF SALES |  |  | - |  |  |  | 71,049 |  |  |  | - |  |  |  | 94,543 |
GROSS PROFIT |  |  | - |  |  |  | 16,692 |  |  |  | - |  |  |  | 22,713 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative |  |  | - |  |  |  | 123,784 |  |  |  | - |  |  |  | 226,722 |
Research and Development expenses |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,621 |
Selling expenses |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 5,014 |
Total |  |  | - |  |  |  | 123,784 |  |  |  | - |  |  |  | 234,357 |
OTHER INCOME (EXPENSE) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | - |  |  |  | 13 |  |  |  | - |  |  |  | 17 |
Interest expense |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other (income) expense |  |  | - |  |  |  | 1,963 |  |  |  | - |  |  |  | (1,817 | )
Total |  |  | - |  |  |  | 1,976 |  |  |  | - |  |  |  | (1,800 | )
Loss from discontinued operations before income tax |  |  | - |  |  |  | (105,116 | ) |  |  | - |  |  |  | (213,444 | )
Income tax provision |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Loss from discontinued operation before noncontrolling interest |  | $ | - |  |  | $ | - |  |  | $ | - |  |  |  | - |
Gain on disposal of discontinued operations |  |  | - |  |  |  | 105,480 |  |  |  | 645,437 |  |  |  | 105,480 |
Less: Net loss attributable to non-controlling interests |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
INCOME (LOSS) FROM DISCONTINUED OPERATION |  | $ | - |  |  | $ | 364 |  |  | $ | 645,437 |  |  | $ | (107,964 | )
Schedule of Assets and Liabilities Related to Discontinued Operations | The major components of assets and liabilities related to discontinued operations are summarized below:
|  | June 30, 2024 |  |  | December 31, 2023 |
Cash and cash equivalents |  | $ | - |  |  | $ | 16,080 |
Other receivables |  |  | - |  |  |  | 49 |
Advances to suppliers and other current assets |  |  | - |  |  |  | 7,957 |
Total current assets related to discontinued operations |  | $ | - |  |  | $ | 24,086 |
|  |  | - |  |  |  |  |
Property, plant and equipment, net |  |  | - |  |  |  | 72 |
Total assets related to discontinued operations |  | $ | - |  |  | $ | 24,158 |
Accounts payable |  | $ | - |  |  | $ | 18,346 |
Accrued expenses and other payables |  |  | - |  |  |  | 222,771 |
Advances from customers |  |  | - |  |  |  | 2,604 |
Total liabilities related to discontinued operations |  | $ | - |  |  | $ | 243,721 |

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