XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 71,583 $ 73,998
Deposit and prepayments 1,141,997 451,583
Inventory 124,000
Total current assets 4,259,480 525,581
Non-current assets    
Property and equipment, net 1,054 1,458
Intangible assets, net 3,764 5,822
Total non-current assets 4,818 7,280
Assets classified as held for sale 2,658,736
TOTAL ASSETS 4,264,298 3,191,597
Current liabilities    
Accrued liabilities and other payables 196,196 147,242
Deferred revenue 1,506,301 576,449
Total current liabilities 2,048,184 997,401
Non-Current liabilities    
SBA loan payable 87,500 87,500
Long term loan 527,000
Total non-current liabilities 614,500 87,500
Liabilities directly associated with assets classified as held for sale 3,142,918
TOTAL LIABILITIES 2,662,684 4,227,819
Commitments and contingencies
STOCKHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; 832,000 shares issued and outstanding as of September 30, 2023 and December 31, 2022 832 832
Common stock, $0.001 par value; 70,000,000 shares authorized; 26,657,921 and 25,546,810 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively. 26,658 25,547
Additional paid-in capital 4,845,066 3,746,177
Accumulated other comprehensive income 943 1,068
Accumulated deficit (3,271,885) (4,809,846)
Total stockholders’ equity (deficit) 1,601,614 (1,036,222)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) 4,264,298 3,191,597
Related Party [Member]    
Current assets    
Other receivables 2,821,192
Current liabilities    
Due to related parties 345,687 273,710
Nonrelated Party [Member]    
Current assets    
Other receivables $ 100,708