v3.25.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net income $ (3,524) $ 1,463,422
Adjustments to reconcile net income to net cash provided by operating activities    
Stock based compensation 0 (1,500,000)
Changes in assets and liabilities    
(Increase) in inventory 0 46,154
(Increase) in other receivables and other current assets 0 (46,154)
Increase in accrued expenses 3,524 6,943
Net cash used in operating activities 0 (29,635)
Cash Flows from Investing Activities:    
Purchase of equipment 0 0
Net cash provided by investing activities 0 0
Cash Flows from Financing Activities    
Repayment to borrowings 0 0
Proceeds from sale of subsidiaries 0 0
Net cash provided by financing activities 0 0
Effect of foreign currency translation on cash and cash equivalents 0 0
Net increase in cash and cash equivalents 0 (29,635)
Cash and Cash Equivalents    
Beginning 12,055 175,002
Ending 12,055 145,367
Supplemental Disclosure of Cash Flows    
Interest 0 29,635
Income taxes 0 0
Non-cash investing and financing activities:    
Debt converted to common stock 0 0
Issuance of common stock for Metaverse Innovation Laboratory as long-term assets $ 0 $ 2,500,000