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Consolidated Statements of Operations and Other Comprehensive Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue        
Total Revenue $ 19,153,848 $ 926,340 $ 20,080,784 $ 2,878,577
Operating Expenses        
Cost of Sales 11,738,493 550,677 12,427,774 1,665,227
General and Administrative 2,305,859 2,029,925 4,633,244 4,521,153
Total Operating Expenses 14,044,352 2,580,602 17,061,018 6,186,380
Income (Loss) from Operations 5,109,496 (1,654,262) 3,019,766 (3,307,803)
Other Income (Expense)        
Interest Income 92,388 196,639 131,666 369,039
Foreign Exchange Transaction Gain 1,150,830 2,077,709 362,528 2,485,804
Unrealized Gain (Loss) on Securities Investment 9,027,846 (407,407) 6,543,729 (1,230,648)
Unrealized Gain (Loss) on Securities Investment - Related Party 9,812,880 (6,459,968) 11,109,151 (9,535,742)
Realized Loss on Securities Investment (10,557,229) (2,918,668) (10,688,542) (6,355,451)
Gain (Loss) on Investment on Security by Equity Method 219,888 (79,670) (48,388) (216,050)
Loss on Consolidation of Alset Capital Acquisition Corp. (21,657,036) (21,657,036)
Finance Costs (2,879) (450,887)
Other Income (Expense) 987,531 (734,355) 1,090,538 550,538
Total Other Expense, Net (10,922,902) (8,328,599) (13,156,354) (14,383,397)
Net Loss Before Income Taxes (5,813,406) (9,982,861) (10,136,588) (17,691,200)
Income Tax Expense (222,114)
Net Loss (5,813,406) (9,982,861) (10,136,588) (17,913,314)
Net Loss Attributable to Non-Controlling Interest (5,556) (995,502) (470,852) (2,458,669)
Net Loss Attributable to Common Stockholders (5,807,850) (8,987,359) (9,665,736) (15,454,645)
Other Comprehensive Loss, Net        
Unrealized Loss on Securities Investment (591) (9,714)
Foreign Currency Translation Adjustment (2,183,883) (3,514,595) (1,087,940) (4,163,735)
Comprehensive Loss (7,997,289) (13,498,047) (11,224,528) (22,086,763)
Comprehensive Loss Attributable to Non-controlling Interests (320,903) (2,286,174) (626,520) (3,371,569)
Comprehensive Loss Attributable to Common Stockholders $ (7,676,386) $ (11,211,873) $ (10,598,008) $ (18,715,194)
Net Loss Per Share - Basic $ (0.63) $ (1.46) $ (1.09) $ (2.77)
Net Loss Per Share - Diluted $ (0.63) $ (1.46) $ (1.09) $ (2.77)
Weighted Average Common Shares Outstanding - Basic 9,235,119 6,144,550 [1] 8,845,250 5,586,433 [1]
Weighted Average Common Shares Outstanding - Diluted 9,235,119 6,144,550 [1] 8,845,250 5,586,433 [1]
Rental [Member]        
Revenue        
Total Revenue $ 690,967 $ 403,900 $ 1,324,778 $ 636,482
Property [Member]        
Revenue        
Total Revenue 18,190,950 246,910 18,190,950 1,288,434
Biohealth [Member]        
Revenue        
Total Revenue 132,222 12,786 749,693
Digital Transformation Technology - Related Party [Member]        
Revenue        
Total Revenue 14,034 7,701 28,074 7,701
Other [Member]        
Revenue        
Total Revenue $ 257,897 $ 135,607 $ 524,196 $ 196,267
[1] The numbers of weighted average outstanding common stock - basic and diluted were adjusted retrospectively to reflect 20-for-1 reverse stock split on December 28, 2022