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Other Expense/Income
12 Months Ended
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