| Schedule of discontinued operations |
Schedule
of discontinued operations
| | |
| | | |
| | |
| | |
For the Three months Ended December 31, | |
| | |
2025 | | |
2024 | |
| Revenue | |
$ | - | | |
$ | 2,000 | |
| | |
| | | |
| | |
| Cost of sales | |
| - | | |
| - | |
| GROSS PROFIT / (LOSS) | |
| - | | |
| 2,000 | |
| | |
| | | |
| | |
| Selling, general and administrative expenses (exclusive of expenses shown separately below) | |
| - | | |
| 107,987 | |
| Depreciation | |
| - | | |
| 20,209 | |
| Total operating expenses | |
| - | | |
| 128,196 | |
| | |
| | | |
| | |
| LOSS FROM OPERATIONS | |
| - | | |
| (126,196 | ) |
| | |
| | | |
| | |
| Interest income (expenses), net | |
| - | | |
| (1,763 | ) |
| Other non-operating income (expense) | |
| - | | |
| (19,710 | ) |
| Total other (expenses) income, net | |
| - | | |
| (21,473 | ) |
| Net loss from discontinued operations | |
| - | | |
| (147,669 | ) |
| | |
| | | |
| | |
| Non-controlling interest | |
| - | | |
| (1,712 | ) |
| | |
| | | |
| | |
| Net loss from discontinued operations to the Company | |
$ | - | | |
$ | (145,957 | ) |
In
accordance with the provisions of ASC 205-20, we have included the net cash provided by discontinued operations in the consolidated statements
of cash flows. The net cash provided by discontinued operations in the consolidated statements of cash flows for the three months ended
December 31, 2025 and 2024, consists of the following:
| | |
| | | |
| | |
| | |
For the Three Months Ended
December 31, | |
| | |
2025 | | |
2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | |
| | | |
| | |
| Net loss from discontinuing operation | |
$ | - | | |
$ | (145,957 | ) |
| Adjustments to reconcile net income to cash used in operating activities: | |
| | | |
| | |
| Non-controlling interest | |
| - | | |
| (1,712 | ) |
| Depreciation expense | |
| - | | |
| 20,209 | |
| Non-cash operating lease expense | |
| - | | |
| 43,782 | |
| Fixed assets disposal loss | |
| - | | |
| 63,035 | |
| Prepayments and other current assets | |
| - | | |
| 55,625 | |
| Accounts payable | |
| - | | |
| 7,465 | |
| Operating lease liabilities | |
| - | | |
| (6,299 | ) |
| Other payables and accrued liabilities | |
| - | | |
| (444,599 | ) |
| Note payable | |
| - | | |
| (12,719 | ) |
| Net cash used in operating activities by discontinued operations | |
| - | | |
| (421,170 | ) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | |
| - | | |
| | |
| Fixed assets additions | |
| - | | |
| (26,854 | ) |
| Net cash used in investing activities by discontinued operations | |
| - | | |
| (26,854 | ) |
| CHANGES IN CASH AND CASH EQUIVALENT | |
$ | - | | |
$ | (448,024 | ) |
|