v3.25.1
Basic and Diluted Net Income Per Share - Schedule of Diluted EPS in Loss Periods as Anti-Dilutive (Details) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Statement of Operations Summary Information:    
Net income $ 193,440,425 $ 19,546,495 [1],[2],[3]
Weighted-average common shares outstanding - basic 97,604,030 2,625,130 [1]
Weighted-average common shares outstanding - diluted 97,604,030 2,625,130 [1]
Earnings per share, basic $ 1.98 $ 7.45
Earnings per share, diluted $ 1.98 $ 7.45
[1] In July 2024, the Company dissolved its subsidiary, WeTrade Technology (Shanghai) Co., Ltd. in the PRC, which qualified as a discontinued operation under ASC 205-20. The Company retrospectively adjusted the above comparative consolidated statements of operations and comprehensive income for the three months ended March 31, 2024. (Note 17)
[2] In July 2024, the Company dissolved its subsidiary, WeTrade Technology (Shanghai) Co., Ltd. in the PRC, which qualified as a discontinued operation under ASC 205-20. The Company retrospectively adjusted the above comparative statements of cash flows for the three months end March 31, 2024. (Note 17)
[3] In July 2024, the Company dissolved its subsidiary, WeTrade Technology (Shanghai) Co., Ltd. in the PRC, which qualified as a discontinued operation under ASC 205-20. The Company retrospectively adjusted the above comparative statements of change in stockholders’ equity for the three months end March 31, 2024. (Note 17)