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Organization and Nature of Operations (Tables)
12 Months Ended
Dec. 31, 2024
Organization and Nature of Operations [Abstract]  
Schedule of Consolidated Financial Statements

Details of the Company’s subsidiaries which are included in these consolidated financial statements as of December 31, 2024 are as follows:

 

Name of Subsidiary   Place and date of
Incorporation
  Percentage of
Ownership
  Principal Activities
Avalon Healthcare System, Inc. (“AHS”)   Delaware
May 18, 2015
  100% held by ALBT   Holding company for payroll and other expenses
             
Avalon RT 9 Properties LLC (“Avalon RT 9”)     New Jersey
February 7, 2017  
  100% held by ALBT     Owns and operates an income-producing real property and holds and manages the corporate headquarters
             
Avalon (Shanghai) Healthcare Technology Co., Ltd. (“Avalon Shanghai”)   PRC
April 29, 2016  
  100% held by AHS     Is not considered an operating entity    
             
Genexosome Technologies Inc. (“Genexosome”)   Nevada
July 31, 2017
  60% held by ALBT   No current activities to report, dormant  
             
Avactis Biosciences Inc. (“Avactis”)   Nevada
July 18, 2018
  60% held by ALBT   Dormant, is in process of being dissolved
Avactis Nanjing Biosciences Ltd. (“Avactis Nanjing”)   PRC
May 8, 2020
  100% held by Avactis   Dormant, is in process of being dissolved
             
Avalon Laboratory Services, Inc. (“Avalon Lab”)   Delaware
October 14, 2022
  100% held by ALBT   Laboratory holding company with a 40% membership interest in Lab Services MSO (1)
             
Q&A Distribution LLC (“Q&A Distribution”)   Texas
May 1, 2024
  100% held by ALBT   Distributes KetoAir device

 

(1)On February 26, 2025, the Company and Lab Services MSO entered into a Redemption and Abandonment Agreement, whereby Lab Services MSO redeemed the 40% equity interest in Lab Services MSO held by the Company.