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Business Combination (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination [Abstract]  
Schedule of Purchase Price The following table presents the fair value of the identifiable assets acquired and liabilities assumed on the acquisition date, which represents the net purchase price allocation on the date of the acquisition of Alpha Mind based on valuation performed by an independent valuation firm engaged by the Company:
   USD 
Assets    
Cash and cash equivalents  $916,840 
Accounts receivable, net   1,963,755 
Prepayments   996,701 
Other receivables, net   78,183 
Short-term investment   271,381 
Other current assets   62,254 
Restricted Cash- non-current   706,005 
Property and equipment, net   57,742 
Right-of-use asset   46,123 
Deferred tax assets   72,228 
Intangible assets, net   5,224,439 
Goodwill   108,218,586 
    118,614,237 
Liabilities     
Accounts payables  $1,402,583 
Salary payable   54,709 
Other payables   812,170 
Taxes payable   43,833 
Advance from customer   93 
Deferred tax liability   1,306,110 
Lease liabilities   46,123 
    3,665,621 
Total allocated purchase price  $114,948,616 

 

Schedule of Purchase Price The following table presents the purchase price of Alpha Mind for the Company and non-controlling shareholders at the acquisition date. The discount for lack of control (DLOC) is used when valuing the non-controlling interests in the acquisition.
   USD 
     
Purchase price for the Company  $99,650,000 
Fair value of non-controlling interest   15,298,616 
Total allocated purchase price  $114,948,616