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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
NET REVENUES $ 62 $ 175 $ 344 $ 501
OPERATING EXPENSES:        
Compensation and related expenses 461,422 1,247,302 1,881,682 4,177,032
Marketing and advertising expenses 34,134 219,008 101,734 379,410
Professional and consulting expenses 222,220 483,319 726,119 1,060,396
Research and development expense 363,472 380,017 823,448 1,000,248
General and administrative expenses 156,998 212,680 636,067 651,461
Impairment loss on digital currencies and other digital assets 23,381
Total operating expenses 1,238,246 2,542,326 4,169,050 7,291,928
LOSS FROM OPERATIONS (1,238,184) (2,542,151) (4,168,706) (7,291,427)
OTHER INCOME (EXPENSES):        
Interest income, net 54,726 177,607 232,191 245,440
Gain on initial consolidation of variable interest entities 42,737
Gain on deconsolidation of variable interest entities 107
Foreign currency exchange loss (36) (12,965) (102)
Realized loss on short-term investments (47,672)
Total other income (expenses), net 54,726 177,571 219,333 240,403
NET LOSS (1,183,458) (2,364,580) (3,949,373) (7,051,024)
Net loss (income) of subsidiary attributable to noncontrolling interest (88,343) 556,513
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS (1,271,801) (2,364,580) (3,392,860) (7,051,024)
COMPREHENSIVE LOSS:        
Net loss (1,183,458) (2,364,580) (3,949,373) (7,051,024)
Other comprehensive (loss) gain:        
Unrealized gain on short-term investments (88,681) 108,889
Unrealized foreign currency translation gain (724) 12,965 34
Comprehensive loss $ (1,183,458) $ (2,453,985) $ (3,936,408) $ (6,942,101)
NET LOSS PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS::        
Basic (in Dollars per share) $ (0.42) $ (1.13) $ (1.15) $ (3.4)
Diluted (in Dollars per share) $ (0.42) $ (1.13) $ (1.15) $ (3.4)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:        
Basic (in Shares) 3,009,329 2,088,516 2,941,862 2,075,515
Diluted (in Shares) 3,009,329 2,088,516 2,941,862 2,075,515