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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss from continuing operations $ (8,191,983) $ (5,204,091)
Depreciation 337,435 168,848
Gain on disposal of subsidiary, net (3,390,323)
Bad-debt expense of other assets 1,189,511
Gain on exemption of debts (232,207)
Amortization of right-of-use asset 287,487 255,357
Loss on sale of investments 6,794
Changes in operating assets and liabilities:    
Accounts receivable (193) 79,742
Non-trade receivable 935,545 82,317
Prepaid expenses and other current assets (8,300,910) (65,351)
Other assets 77,968 41,642
Non-trade payable 2,318,394 1,329,085
Accrued expenses and other current liabilities 19,150 52,115
Net cash used in operating activities of continuing operations (14,717,919) (3,485,749)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Receipt from collection of short-term loan receivable 4,450,432 730,156
Receipt from collection of long-term loan receivable to related parties 1,241,725
Receipt from collection of long-term loan receivable 1,155,200
Sales of investments 697,395
Payment for short-term loan receivable (7,673,500) (1,246,625)
Payment for short-term loan receivable to related parties (1,279,518)
Purchase of property plant and equipment (714,409) (7,024)
Net cash (used in) provided by investing activities of continuing operations (3,975,270) 1,329,102
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from short-term loan payable 2,301,134 771,083
Proceeds from short-term loan payable from related parties 764,903 749,642
Proceeds from exercising warrants 5,717,827 2,004,368
Proceeds from issuance of common stock 10,000,000
Net proceeds from IPO 7,708,016
Repayment of short-term loan payable (750,663) (77,558)
Repayment of short-term loan payable from related parties (857,490) (556,924)
Net cash provided by financing activities of continuing operations 24,883,727 2,890,611
Net change in cash – continued operations 6,190,538 733,964
Cash from discontinued operations:    
Net cash used in operating activities of discontinued operations (976,264) (610,981)
Net cash used in investing activities of discontinued operations (20,356) (8,186)
Net cash used in financing activities of discontinued operations (37,044) (320,090)
Net change in cash – discontinued operations (1,033,664) (939,257)
Cash beginning of the year- continued operations 118,262 152,755
Cash beginning of the year - discontinued operations 696 177,693
Beginning cash 118,958 330,448
Cash end of the year – continued operations 5,427,830 118,262
Cash end of the year - discontinued operations 696
Ending cash 5,427,830 118,958
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 5,156,874 (205,293)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 151,998 (6,197)
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE YEAR 118,958 330,448
CASH AND CASH EQUIVALENTS AT END OF THE YEAR 5,427,830 118,958
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash receipt (paid) for interest – all operations 70,122 (8,901)
Less Cash receipt for interest - discontinued operations 4 31
Cash receipt (paid) for interest – continued operations 70,118 (8,932)
Cash receipt (paid) during the period for interest 70,122 (8,901)
Supplemental disclosure of non-cash investing and financing activities:    
Offsetting short-term loan payables by exercising warrants to purchase 309,430 common stock (392,976)
Purchase of investment by exercising warrants to purchase 500,000 shares of common stock (635,000)
Sale of investment by receiving a non-trade receivable due by February 28, 2023 710,171
Sales of investment by receiving a non-trade receivable due by April 30, 2023 867,987
Total $ (392,976) $ 943,158