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Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 681,480 $ 248,382
Restricted cash 645,505 615,433
Short-term investments 64,354 64,736
Prepaid expense and other current assets 346,616 96,213
Total Current Assets 2,501,343 2,179,815
Property and equipment, net 12,835,409 511,088
Operating lease right-of-use assets 1,913,278 640,387
Long-term investments 1,878,465 2,258,754
Prepayment for long-term investments 1,124,842 1,124,842
Prepayment for asset acquisition 691,900 691,900
Other non-current assets 116,966 133,121
Total Assets 21,062,203 7,539,907
Current Liabilities    
Short-term bank and other loans 755,512 840,252
Accrued expenses and other current liabilities 4,161,629 3,509,422
Contract liabilities 12,600 81,115
Operating lease liabilities – current 317,557 403,581
Tax payable 11,964
Convertible notes payable – third parties, net 559,010 950,046
Total Current Liabilities 6,163,976 6,557,461
Tenant security deposit 21,680
Operating lease liability – non-current 1,600,747 236,807
Total Liabilities 7,764,723 6,815,948
COMMITMENTS AND CONTINGENCIES  
Equity    
Preferred stock, $0.001 par value, 20,000,000 authorized, nil shares issued and outstanding
Common stock, $0.001 par value, 100,000,000 authorized, 25,053,193 and 13,868,484 shares issued and outstanding as of December 31, 2025 and 2024, respectively 25,053 13,868
Stock to be issued 359,000 31,040
Additional paid-in capital 96,008,258 78,595,065
Accumulated deficit (76,858,361) (68,949,807)
Accumulated other comprehensive income 487,602 445,665
Treasury stock (8,909,691) (8,909,691)
Total Stockholders’ equity 11,111,861 1,226,140
Noncontrolling interest 2,185,619 (502,181)
Total Equity 13,297,480 723,959
Total Liabilities and Equity 21,062,203 7,539,907
Related Party    
Current Assets    
Due from related parties – current 763,388 1,155,051
Current Liabilities    
Due to related parties 105,704 773,045
Convertible notes payable – related parties, net $ 240,000