Related parties (Table)
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3 Months Ended |
Mar. 31, 2025 |
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| Related parties |
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| Schedule of affiliates and affiliated entities |
Related Party Name | | Relationship | Hui Luo | | Majority owner of the Company | Liu Yi | | Spouse of Hui Luo | Genius Kid Class LLC | | An entity controlled by Yi Liu | Dream Legal Group, Inc | | An entity controlled by Hui Luo | Ideal Force LLC | | An entity controlled by Yi Liu | Dreamgo Inc. | | An entity controlled by Hui Luo |
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| Schedule of due from related parties |
| | March 31, 2025 | | | December 31, 2024 | | | | | | | | | Dream Legal Group, Inc. | | | 1,830 | | | | 8,251 | | Total due from related parties | | $ | 1,830 | | | $ | 8,251 | |
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| Schedule of due to related parties |
| | March 31, 2025 | | | December 31, 2024 | | | | | | | | | Yi Liu- accrued interest on promissory note | | $ | 161 | | | $ | — | | Luo Hui-accrued interest on promissory note | | | 3,466 | | | | 2,166 | | Luo Hui – promissory note, due on August 15, 2025; at a rate of 4% per annum | | | 130,000 | | | | 130,000 | | Luo Hui – promissory note, due on March 31, 2026; at a rate of 4% per annum | | | 40,000 | | | | - | | Yi Liu – promissory note, due on March 17, 2026; at a rate of 4% per annum | | | 100,000 | | | | - | | Dream Legal Group, Inc-rent income received in advance | | | 29,800 | | | | - | | Due to Dream Go Inc.* | | | 312,483 | | | | 117,379 | | Total due to related parties - current | | $ | 615,910 | | | $ | 249,545 | |
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| Schedule of related party transactions |
| | | | Three Months Ended | | Name | | Business Purpose of Transaction | | March 31, 2025 | | | March 31, 2024 | | Dream Legal Group, Inc | | Sublease income | | $ | 23,471 | | | $ | 15,000 | | Dreamgo Inc. | | Rent expense | | | 90,253 | | | | 90,253 | | Genius Kid Class LLC | | Consulting revenue | | | — | | | | 100,000 | | Yi Liu | | Interest expense | | | 161 | | | | - | | Luo Hui | | Interest expense | | | 1,300 | | | | - | |
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| Schedule of ROU assets and operating lease liabilities recognized from related party |
| | | | March 31, 2025 | | | December 31, 2024 | | Dreamgo Inc. | | ROU assets | | $ | 1,477,021 | | | $ | 1,552,242 | | Dreamgo Inc. | | Short term obligation under operating leases | | $ | (238,119 | ) | | $ | (314,685 | ) | Dreamgo Inc. | | Long term obligation under operating leases | | $ | (1,240,998 | ) | | $ | (1,241,495 | ) |
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