| Schedule of Income Before Income Taxes |
The following table presented the income before income taxes for the three and six months ended June 30, 2026 in accordance with the guidance in ASU No. 2023-09: | | | For the Three Months Ended June 30, 2026 | | | For the Six Months Ended June 30, 2026 | | | | | (Unaudited) | | | (Unaudited) | | | Domestic | | (1,587,272 | ) | | 1,377,993 | | | Foreign | | | (838,772 | ) | | | 986,270 | | | Total (loss) income before income taxes | | $ | (2,426,044 | ) | | $ | 2,364,263 | |
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| Schedule of Income Tax Expense |
Income tax expense for the three and six months ended June 30, 2026 and 2025 consisted of the following: | | | For the Three Months Ended | | | For the Six Months Ended | | | | | June 30, | | | June 30, | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | | | (Unaudited) | | | (Unaudited) | | | (Unaudited) | | | (Unaudited) | | | Current: | | | | | | | | | | | | | | Federal | | | 2,400 | | | | 2,400 | | | | 2,400 | | | | 2,400 | | | State | | | - | | | | - | | | | - | | | | - | | | Foreign | | | - | | | | - | | | | - | | | | - | | | Total | | | 2,400 | | | | 2,400 | | | | 2,400 | | | $ | 2,400 | |
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| Schedule of Deferred Tax Assets |
Deferred tax assets as of June 30, 2026 and December 31, 2025 consist approximately of: | | | June 30, 2026 | | | December 31, 2025 | | | | | (Unaudited) | | | | | | Net operating loss carryforwards (NOLs) | | $ | 20,240,944 | | | $ | 19,273,474 | | | Stock-based compensation expense | | | 5,573,700 | | | | 5,526,900 | | | Accrued expenses and unpaid expenses payable | | | 2,090,700 | | | | 1,900,000 | | | Tax credit carryforwards | | | 68,000 | | | | 68,000 | | | Unrealized exchange losse (gain) | | | (143,948 | ) | | | (144,013 | ) | | Excess of tax amortization over book amortization | | | (112,000 | ) | | | (112,000 | ) | | Investment income in subsidiary | | | (1,757,276 | ) | | | - | | | Others | | | (31,400 | ) | | | (7,400 | ) | | Gross | | | 25,928,720 | | | | 26,504,961 | | | Valuation allowance | | | (25,928,720 | ) | | | (26,504,961 | ) | | Net | | $ | - | | | $ | - | |
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