v3.25.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Cash flows from operating activities:    
Net Loss $ (1,266,437) $ (1,221,810)
Less: Loss from discontinued operations, net of tax   (205,440)
Loss from continuing operations (1,266,437) (1,016,370)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 19,764 7,636
Amortization of operating lease right-of-use assets 161,875 77,801
Amortization of intangible assets 56,144 21,786
Share-based compensation expenses 26,629  
Deferred income tax benefits   (497,875)
Accrued current income tax expense   (8,776)
Changes in operating assets and liabilities:    
Accounts receivable 28,326 19,077
Other receivables (472,883) (697,660)
Prepaid expenses and other current assets 219,713 30,139
Other payables and other current liabilities 37,797 (30,474)
Operating lease liabilities (17,761) (42,564)
Cash used in operating activities-continuing operations (1,206,833) (2,137,280)
Cash provided by operating activities-discontinued operations 2,540,501 2,965,260
Net cash provided by operating activities 1,333,668 827,980
Cash flows from investing activities:    
Acquisition of business, net of cash acquired   (220,117)
Purchase of property and equipment   (365,000)
Loans made to third parties (3,445,150) (1,000,000)
Loans repayment received from third parties 784,000 672,500
Cash used in investing activities-continuing operations (2,661,150) (912,617)
Net cash used in investing activities (2,661,150) (912,617)
Cash flows from financing activities:    
Proceeds from follow-on public offering, net   7,309,120
Cash paid for warrant termination   (78,125)
Repayments of premium finance (120,461) (148,621)
Repayments of long-term borrowings (17,833) (15,676)
Borrowing from a related party   (13,423)
Cash (used in) provided by financing activities-continuing operations (138,294) 7,053,275
Cash used in financing activities-discontinued operations   (1,108,735)
Net cash (used in) provided by financing activities (138,294) 5,944,540
Net (decrease) increase in cash (1,465,776) 5,859,903
Cash, beginning of year 1,650,962 432,998
Cash, end of year 185,186 6,292,901
Cash of continuing operations 185,186 6,292,901
Supplemental cash flow information    
Cash paid for income taxes 2,155  
Cash paid for interests $ 16,410 $ 15,563