v3.26.3
INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT

The components of the income tax benefit from continuing operations are:

 

   2025   2024   2025   2024 
   Three-Month Period Ended June 30,   Six-Month Period Ended June 30, 
   2025   2024   2025   2024 
Current taxes – PRC  $—   $33,224   $—   $33,224 
Deferred tax – PRC entities   —    (1,241,334)   —    (2,511,394)
Total Income tax benefits  $—   $(1,208,110)  $—   $(2,478,170)
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

Significant components of the Company’s deferred tax assets and liabilities at June 30, 2025 and December 31, 2024 are as follows:

 

  

June 30, 2025

  

December 31, 2024

 
Deferred tax liabilities  $—   $— 
           
Deferred tax assets:          
Exploration costs   1,739,141    1,731,920 
Allowance   421,291    729,731 
Impairment of property plant and equipment   1,693,125    1,686,095 
PRC tax losses   10,696,174    9,125,871 
US federal net operating loss   1,737,880    1,661,464 
Total deferred tax assets   16,287,611    14,935,081 
Valuation allowance   (16,287,611)   (14,935,081)
Net deferred tax asset  $—   $—