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Short-Term Loan Receivables
 12 Months Ended
Dec. 31, 2023
Short-Term Loan Receivables [Abstract]  
SHORT-TERM LOAN RECEIVABLES

NOTE 3 — SHORT-TERM LOAN RECEIVABLES

 

The following table summarizes information with regard to short-term loan receivables outstanding as of December 31, 2023 and December 31, 2022, and the interest income from short-term loan receivables is $30,613 and $0 for the year ended December 31, 2023 and December 31, 2022.

 

   Interest
Rate		   December 31,
2023		   December 31,
2022		 
Hanryu Times   0%  $1,033,659   $
—
 
K-Commerce   0%   76,586    
—
 
FANTOO Entertainment   0%   381,270    
—
 
LA PRIMERA CAPITAL INVESTMENTS   0%   30,672    
—
 
Jacob Asset   4.6%   2,087,578    
—
 
Ticket Land   4.6%   79,727    
—
 
AMERIDGE CORPORATION   0.1%   100,408    
—
 
Marina Entertainment   0%   
—
    473,902 
Naeun Kim   0%   
—
    39,454 
Total short-term loans       $3,789,900   $513,356 

 

For the year ended December 31, 2023, the company wrote off $193,889 of short-term loan receivables from PRT Korea since PRT Korea has not paid back it by the maturity, June 13, 2024 and they have not provided any plan for the payment.