v3.26.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net (loss) income $ (41,918,390) $ 1,511,394 $ 2,016,100
Net income from discontinued operations 1,425,125 1,589,509 2,016,100
Net loss from continuing operations (43,343,515) (78,115)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Disposal of subsidiaries, net of cash disposed 22,119,583
Amortization of right-of-use asset 8,809
Share-based compensation 20,910,833
Changes in operating assets and liabilities:      
Accounts receivable (6,879,528)
Other payable - related parties 19,542 1,461
Accounts payables 6,482,522
Accrued liabilities and other payables (208,992) 77,171
Prepaid expenses and other current assets (49,955)
Taxes payable 57,920
Net cash (used in) provided by operating activities - continuing operations (882,781) 517
Net cash (used in) provided by operating activities - discontinued operations (418,839) 1,505,873 (2,465,652)
Net cash (used in) provided by operating activities (1,301,620) 1,506,390 (2,465,652)
Cash flows from investing activities:      
Net cash provided by (used in) investing activities - continuing operations
Net cash used in investing activities - discontinued operations (2,183) (916,453)
Net cash used in investing activities (2,183) (916,453)
Cash flows from financing activity:      
Proceeds from additional paid-in capital 5,422,746
Repayments of related parties (4,723,256)
Net cash provided by financing activities - continuing operations 699,490
Net cash (used in) provided by financing activities - discontinued operations (428,732) (2,393,686) 1,951,254
Net cash provided by (used in) financing activity 270,758 (2,393,686) 1,951,254
Effect of exchange rate changes on cash from continuing operations 183,171 (8)
Effect of exchange rate changes on cash from discontinued operations 866,645 418,396 (197,272)
Net change in cash, including cash from discontinued operations 18,954 (471,091) (1,628,123)
Cash, including cash from discontinued operations - beginning of year 28,654 499,745 2,127,868
Cash, including cash from discontinued operations - end of year 47,608 28,654 499,745
Less cash from discontinued operations 47,219 28,145 499,745
Cash from continuing operations, end of year 389 509
Supplemental disclosure information:      
Cash paid for interest 1,281 610,667 857,114
Cash paid for income tax 93 322,414 1,220
Supplemental non-cash information:      
Right-of-use assets obtained in exchange for lease liability $ 48,606