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Other Expense/Income | 12 Months Ended
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Dec. 31, 2024
Other Expense/Income [Abstract] |
OTHER EXPENSE/INCOME | NOTE 13 — OTHER EXPENSE/INCOME Other expense for the fiscal year ended December 31, 2024 was $(3,895,288), a decrease of $4,049,881, compared to the other income for the fiscal year ended December 31, 2023. This decrease was primarily due to the recognition of a gain on the disposal of subsidiaries amounting to $12,400,373 and a bad debt expense of $16,179,823 related to the short-term loan

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
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