PREPAYMENTS AND OTHER CURRENT ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2023

Prepayments And Other Current Assets Net

SCHEDULE OF PREPAYMENT AND OTHER CURRENT ASSETS

Prepayments and other current assets consisted of the following as of December 31, 2023 and 2022:

	2023			2022
Prepayments (including $2,769,741 and $2,255,288 to related parties as of December 31, 2023 and 2022, respectively)	$	3,995,750		$	3,001,866
Other current assets		2,330			4,631
Total prepayments and other current assets		3,998,080			3,006,497
Less: Allowance for doubtful accounts (including $1,827,763 and $1,152,427 to related parties as of December 31, 2023 and 2022, respectively)		(2,354,625	)		(1,247,580	)
Prepayments and other current assets, net	$	1,643,455		$	1,758,917

SCHEDULE OF ALLOWANCE FOR DOUBTFUL ACCOUNTS

Allowance for doubtful accounts movement is as follows:

	2023			2022
Beginning balance	$	1,247,580		$	-
Additions to allowance		1,169,058			1,284,005
Foreign currency translation adjustment		(62,013	)		(36,425	)
Ending balance	$	2,354,625		$	1,247,580