v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss from continuing operations $ (1,244,730) $ (519,212)
Adjustments to reconcile net income to net cash (used in) provided by operating activities    
Depreciation 616 5,232
Loss on disposal of tangible assets 24,194
Amortization of right-of-use asset 115,519
Amortization of intangible assets 508,551
Changes in operating assets and liabilities:    
Accounts receivable (28)
Non-trade receivable (13,485)
Prepaid expenses and other current assets 5,038 653
Non-trade payable 97,514 232,232
Accrued expenses and other current liabilities 1,360
Net cash used in operating activities of continuing operations (529,645) (256,901)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Receipt from collection of short-term loan receivable 85,057
Receipt from collection of long-term loan receivable to related parties 20,016
Proceeds from the sale of property, plant, and equipment 86,000
Net cash (used in) provided by investing activities of continuing operations 191,073
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from short-term loan payable 528,015
Proceeds from short-term loan payable from related parties 30,063 400
Repayment of short-term loan payable from related parties (7)
Net cash provided by financing activities of continuing operations 558,071 400
Net change in cash – continued operations 28,426 (65,428)
Cash from discontinued operations:    
Net cash used in operating activities of discontinued operations (233,355)
Net cash used in investing activities of discontinued operations (5,311,443)
Net cash used in financing activities of discontinued operations 426,084
Net change in cash – discontinued operations (5,118,714)
Cash beginning of the period- continued operations 2,352 69,688
Cash beginning of the period - discontinued operations 5,358,142
Beginning cash 2,352 5,427,830
Cash end of the period – continued operations 10,883 162
Cash end of the period - discontinued operations 784
Ending cash 10,883 946
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 28,426 (5,184,142)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (19,895) (242,742)
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD 2,352 5,427,830
CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 10,883 946
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash receipt (paid) for interest – all operations (5,842) 6,245
Less Cash receipt for interest - discontinued operations
Cash receipt (paid) for interest – continued operations (5,842) 6,245
Cash receipt (paid) during the period for interest (5,842) 6,245
Supplemental disclosure of non-cash investing and financing activities:    
Offsetting borrowings by converting short-term loans into 908,423 shares of common stock. 838,520
Total $ 838,520