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Cash and Cash Equivalents
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Scienture Inc [Member]    
Cash and Cash Equivalents

Note 4 Cash and Cash Equivalents

 

Cash and cash equivalents consist of the following:

 

   June 30,   December 31, 
   2024   2023 
Balances with banks  $116,107   $31,943 
Money market securities(Highly liquid investments)   -    1,091,935 
Total Cash and Cash Equivalents  $116,106   $1,123,878 

 

Money market securities were considered a Level 1 financial instrument.

 

Note 4 Cash and Cash Equivalents

 

Cash and cash equivalents consist of the following:

 

   2023   2022 
   December 31, 
   2023   2022 
Balances with banks  $31,943   $604,813 
Money market securities (Highly liquid investments)   1,091,935    - 
Total Cash and Cash Equivalents  $1,123,878   $604,813 

 

Money market securities were considered a Level 1 financial instrument.