v3.25.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net Loss $ (1,420,021) $ (2,251,278)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 6,690 6,694
Loss from deconsolidation of Shuya 27,139
Stock compensation expense 76,537 62,250
Stock issued for debt inducement 45,497
Amortization of debt discount 332,572 46,704
Change in fair value of derivative liabilities (112,672)
Attributable income per equity method - Shuya (119,142) (31,990)
Reversal of inventory impairment reserve (357,639)
(Increase)/ decrease in Right – of - use asset 84,602 (7,841)
(Decrease) /Increase in Lease liabilities (87,779) 10,268
Increase in accounts receivable (514,201) (35,073)
Increase in accounts receivable – related party (331,597) (316,429)
(Increase)/ decrease in Tax receivable (42,488)
Decrease in prepaid expenses 133,965 559,790
(Increase)/decrease in other assets (2,795) 113,813
(Increase)/ decrease in inventory 370,007 (185,015)
Increase in accounts payable 103,808 441,603
Increase in accrued interest 143,260 82,114
Increase in accrued expenses 147,695 9,590
Decrease in customer deposits (10,274) (147,382)
Net cash used in operating activities (1,556,984) (1,612,034)
Cash flows from investing activities    
Decrease in Loan receivables 83,160
Net cash flows (used in) provided by investing activities 83,160
Cash flows from financing activities    
Proceeds from notes payable and lines of credit 3,085,450 590,516
Payments on notes payable and line of credit (1,516,597) (585,033)
Borrowing from related party 89,635
Other receivable (155,176)
Loan to Rongjun (41,632)
Stock issued for cash 4,399,999 1,864,529
Net cash flows provided by financing activities 5,903,311 1,828,380
Effect of currency exchange rate changes on cash 459 (1,188)
Net (decrease) increase in cash and cash equivalents 4,346,786 298,318
Cash and cash equivalents at beginning of period 62,101 89,625
Cash and cash equivalents at end of period 4,408,887 387,943
Supplemental cashflow information:    
Interest paid 116,812 66,781
Taxes paid
Supplemental non-cash disclosure    
Discount on new notes 598,373
Shares issued for preferred conversions 1,402,604 2,115
Dividend accrued $ 42,715 $ 75,655