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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET
7. PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment consist of the following:

 

   December 31,
2024
   December 31,
2023
 
Office equipment, fixtures and furniture  $48,471   $48,475 
Computer   24,000    24,000 
Motor vehicle   170    170 
Less: Accumulated depreciation   (28,795)   (17,894)
Less: Impairment   (26,703)   (26,703)
Total  $17,143   $28,048 

 

The depreciation expenses for the years ended December 31, 2024, 2023 and 2022 was $10.9 million, $5.0 million and $8.0 million, respectively.

 

Mining equipment were fully impaired in fiscal 2023.