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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2023
Discontinued Operations [Abstract]  
Schedule of Discontinued Operations Balance Sheets and Statements of Operations and Comprehensive Loss Reconciliation of the carrying amounts of major classes of assets and liabilities from discontinued operations in the consolidated balance sheets as of December 31, 2022:
   December 31, 
   2022 
CURRENT ASSETS:    
Cash and cash equivalents  $12,705 
Accounts receivable, net   95,688 
Total current assets of discontinued operations   108,393 
      
Total assets of discontinued operations  $108,393 
      
CURRENT LIABILITIES:     
Accrued liabilities and other payables   24,655 
      
Total liabilities of discontinued operations  $24,655 

 

Reconciliation of the amounts of income and losses from discontinued operations in the consolidated statements of operations and comprehensive income/ (loss) for the year ended December 31, 2023, 2022 and 2021:
   For the
Year Ended
   For the
Year Ended
   For the
Year Ended
 
   December 31,
2023
   December 31,
2022
   December 31,
2021
 
             
REVENUE  $
-
   $25,782   $84,416 
                
COST OF REVENUE   
-
    
-
    
-
 
                
GROSS PROFIT   
-
    25,782    84,416 
                
OPERATING EXPENSES:               
Selling and marketing   
-
    
-
    
-
 
General and administrative               
Payroll and related benefits   
-
    
-
    
-
 
Professional fees   1,528    1,220    
-
 
Other general and administrative   812    5,559    17,864 
                
Total Operating Expenses   2,340    6,779    17,864 
                
NET INCOME (LOSS) FROM DISCONTINUED OPERATIONS  $(2,340)  $19,003   $66,552 
As of November 18, 2023, the assets and liabilities of discontinued operations and reconciliation of gain on sale of discontinued operations of MMBD Advisory and MM Capital, MM SPC and Fundex SPC is as follows:
   November 18, 
   2023 
CURRENT ASSETS:    
Cash and cash equivalents  $15,280 
Accounts receivable, net   95,774 
Total current assets of discontinued operations   111,054 
      
Total assets of discontinued operations  $111,054 
      
CURRENT LIABILITIES:     
Accrued liabilities and other payables   29,655 
Total current liabilities of discontinued operations   29,655 
      
Total liabilities of discontinued operations  $29,655 
      
Total consideration received   1,500 
Less: carrying amount of net assets   81,399 
Total loss on sale of discontinued operations  $(79,899)