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ACQUISITIONS AND DISPOSITIONS (Tables)
 3 Months Ended
Mar. 31, 2025
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PRO FORMA FINANCIAL INFORMATION

 

   Three Months 
   Ended 
   March 31, 
   2024 
Revenue  $1,863,830 
Net loss from continuing operations  $(9,698,339)
Net loss from continuing operations per share  $(9.35)
SCHEDULE OF DISCONTINUED OPERATIONS

  

                                         
   TRX   Bonum   Superlatus   Total 
   Three Months Ended   Three Months Ended   Three Months Ended   Three Months Ended 
   March 31,   March 31,   March 31,   March 31, 
   2025   2024   2025   2024   2025   2024   2025   2024 
Revenues   $-   $970,808   $-   $-   $-   $-   $-   $970,808 
Cost of sales    -    -    -    -    -    -    -    - 
Gross profit    -    970,808    -    -    -    -    -    970,808 
                                         
Operating expenses:                                         
Wage and salary expense   -    551,983    -    578    -    -    -    552,561 
Professional fees   -    15,385    -    -    -    -    -    15,385 
Technology expense   -    86,660    -    2,245    -    -    -    88,905 
General and administrative   -    36,029    -    678    -    -    -    36,706 
Total operating expenses   -    690,057    -    3,500    -    -    -    693,557 
Operating income   -    280,751    -    (3,500)   -    -    -    277,251 
                                         
Other income (expense):                                        
Goodwill impairment   -    -    -    -    -    -    -    - 
Gain on dispositions   -    29,685,946    -    -    -    (2,083,742)   -    27,602,205 
Other expense   -    -    -    -    -    -    -    0 
Other income    -    -    -    -    -    -    -    - 
Interest expense    -    -    -    -    -    -    -    - 
Total other income(expense)    -    29,685,946    -    -    -    (2,083,742)   -    27,602,204 
                                         
Provision for income taxes    -    -    -    -    -    -    -      
Net income(loss) on discontinued operations  $-   $29,966,697   $-   $(3,500)  $-   $(2,083,742)  $-   $27,879,455 
Scienture Inc [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF PURCHASE PRICE ALLOCATION

The following summarizes the purchase price consideration and the preliminary purchase price allocation as of the acquisition date:

 

   July 25, 2024 
Purchase consideration:     
Common stock  $3,221,245 
Series X preferred stock   75,424,939 
Total purchase consideration  $78,646,184 
      
Purchase price allocation:     
Cash  $132,976 
Operating lease right-of-use assets   61,578 
Goodwill   21,372,960 
Intangible assets - product technologies   76,400,000 
Accounts payable   (987,097)
Accrued liabilities   (1,198,134)
Loan payable, related party   (265,000)
Lease liability   (61,886)
Development agreement liability   (1,285,000)
Long-term convertible notes   (2,000,000)
Deferred tax liability   (13,524,213)
Net assets acquired  $78,646,184 
Softell Inc and Micro Merchant Systems, Inc [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF DISCONTINUED OPERATIONS

The MMS APA was accounted for a business disposition in accordance with ASC 810-40-40-3A. As of February 16, 2024, the Company no longer consolidated the assets, liabilities, revenues and expenses of Softell. The components of the disposition are as follows:

 

 

      
Cash received from MMS  $22,660,182 
Other receivable from MMS   7,500,000 
Total fair value of consideration received  $30,160,182 
      
Carrying amount of assets and liabilities     
Cash  $76,821 
Accounts receivable, net   719,876 
Prepaid expenses   55,397 
Property, plant and equipment, net   45,655 
Operating lease right-of-use assets   12,277 
Accounts payable   (347,000)
Accrued liabilities   (5,269)
Other current liabilities   (26,244)
Lease liability, current   (1,556)
Notes payable, current portion   (45,000)
Lease liability, net of current portion   (10,720)
Total carrying amount of assets and liabilities   474,236 
      
Gain on disposition of business  $29,685,946 
Superlatus Foods Inc [Member]  
Restructuring Cost and Reserve [Line Items]  
SCHEDULE OF DISCONTINUED OPERATIONS

 

      
Fair value of consideration received  $1 
Total fair value of consideration received  $1 
      
Carrying amount of assets and liabilities     
Cash  $151,546 
Property, plant and equipment, net   223,080 
Intangible assets, net   8,962,688 
Operating lease right-of-use assets   325,995 
Purchase price payable   (350,000)
Accounts payable   (224,137)
Accrued liabilities   (173,436)
Notes payable, current portion   (6,480,000)
Lease liability - current   (105,567)
Lease liability - net of current portion   (221,428)
Notes payable   (25,000)
Total carrying amount of assets and liabilities   2,083,743 
      
Loss on disposition of business  $(2,083,742)

 

The loss of disposition of business of $2,083,742 was included in income from discontinued operations, net of tax in the consolidated statements of operations of the year ended December 31, 2024.

 

 

Discontinued Operations

 

In accordance with the provisions of ASC 205-20, the Company has excluded the results of discontinued operations from its results of continuing operations in the accompanying consolidated statements of operations for the three months ended March 31, 2025 and 2024. The results of the discontinued operations for the three months ended March 31, 2025 and 2024 consist of the following:

  

                                         
   TRX   Bonum   Superlatus   Total 
   Three Months Ended   Three Months Ended   Three Months Ended   Three Months Ended 
   March 31,   March 31,   March 31,   March 31, 
   2025   2024   2025   2024   2025   2024   2025   2024 
Revenues   $-   $970,808   $-   $-   $-   $-   $-   $970,808 
Cost of sales    -    -    -    -    -    -    -    - 
Gross profit    -    970,808    -    -    -    -    -    970,808 
                                         
Operating expenses:                                         
Wage and salary expense   -    551,983    -    578    -    -    -    552,561 
Professional fees   -    15,385    -    -    -    -    -    15,385 
Technology expense   -    86,660    -    2,245    -    -    -    88,905 
General and administrative   -    36,029    -    678    -    -    -    36,706 
Total operating expenses   -    690,057    -    3,500    -    -    -    693,557 
Operating income   -    280,751    -    (3,500)   -    -    -    277,251 
                                         
Other income (expense):                                        
Goodwill impairment   -    -    -    -    -    -    -    - 
Gain on dispositions   -    29,685,946    -    -    -    (2,083,742)   -    27,602,205 
Other expense   -    -    -    -    -    -    -    0 
Other income    -    -    -    -    -    -    -    - 
Interest expense    -    -    -    -    -    -    -    - 
Total other income(expense)    -    29,685,946    -    -    -    (2,083,742)   -    27,602,204 
                                         
Provision for income taxes    -    -    -    -    -    -    -      
Net income(loss) on discontinued operations  $-   $29,966,697   $-   $(3,500)  $-   $(2,083,742)  $-   $27,879,455