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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:          
Net Loss $ (345,611) $ (278,626) $ (16,312,705) $ (11,219,851) $ (1,117,586)
Adjustments to reconcile net income (loss) to net cash from operating activities:          
Depreciation and amortization 58,774 83,490 183,097 87,973 388,319
Gains on withdrawal of right-of-use assets     (53,816)
Interest expense   for convertible notes     221,788
Bad debt expense     349,419 491,868 144,520
Gain on disposal of subsidiaries 29,279 28,648 (14,002) (26,049)
Impairment of goodwill 7,362,187 6,244,555
Amortization of beneficial conversion feature of convertible notes 77,877      
Change in operating assets and liabilities:          
Account receivable, net 886,150 (964,938) 1,026,666 (4,102,339) 17,009
Prepaid expenses     2,104
Inventories, net 2,190 85,554 240,497 88,132 1,124,567
Other current assets (291,199) (20,899) (198,684) (345,447) (176,613)
Advances to suppliers, net (13,067,059) 106,645 366,038 (1,150,942) 361,443
Rent deposit     44,347
Accounts payable (754,939) (403,086) (2,306,527) 3,331,146 (4,123,850)
Contract liabilities 88,874 291,778 279,817 (406,624) (4,251,510)
Tax payable (377,474) 184,288 231,703 204,232 33,690
Lease liabilities (60,419) (117,106) (104,678) 232,562 (256,432)
Accrued expenses and other current liabilities 1,006,851 477,471 1,207,791 1,036,397 (799,545)
Net cash used in operating activities (12,853,862) (333,642) (7,422,839) (5,522,340) (8,691,506)
Cash flows from investing activities:          
Purchase of intangible assets (6,757,409)      
Proceeds from the investment in loan receivable     26,500,000
Purchase of property and equipment (5,496) (5,539) (25,916) (81,197)
Net cash (used in) provided by investing activities (6,762,905) (5,539) (25,916) 26,418,803
Cash flows from financing activities:          
Proceeds from related parties loans 204,475 376,430      
Repayment of related party loans (167,180) (167,180)      
(Payment to) Proceeds from related parties loans     222,218 (2,763,012) (750,490)
Proceeds from convertible promissory notes     5,550,607
Proceeds from borrowings     285,255 455,756
Repayment of Bank loans (9,630) (103,894) (117,298) (195,350)
Capital contributions 171,873 171,874 1,408,013
Net cash provided by financing activities 27,665 277,229 276,794 2,877,500 1,113,279
Effect of changes of foreign exchange rate on cash (141,762) (1,113,719) (503,137) (246,808) 765,792
Net (decrease) increase in cash (12,967,959) (7,933,037) (7,654,721) (2,917,564) 19,606,368
Cash and cash equivalents at the Beginning of financial year 16,062,047 23,716,768 23,716,768 26,634,332 7,027,964
Cash and cash equivalents at the end of financial year 3,094,088 15,783,731 16,062,047 23,716,768 26,634,332
SUPPLEMENTARY CASH FLOW INFORMATION:          
Deferred offering cost reduces additional paid-in capital $ (9,893) (9,893)
Right of use assets obtained in exchange for operating lease liabilities     $ 302,631 $ 37,270