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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities    
Net Loss from Operations $ (61,278,733) $ (46,212,505)
Adjustments to Reconcile Net Loss to Net Cash Provided By (Used in) Operating Activities:    
Depreciation 1,217,017 963,077
Non-Cash Lease Expenses 1,092,146 747,975
Amortization of Debt Discount 450,000
Loss on Consolidation of Alset Capital Acquisition Corp. 21,657,036
Impairment of Convertible Note Receivable- Related Party, and Equity Method Investment 855,852
Foreign Exchange Transaction Loss 697,286 547,845
Unrealized (Gain) Loss on Securities Investment (6,607,215) 7,794,139
Unrealized Loss on Securities Investment - Related Party 9,506,501 23,556,219
Realized Loss on Securities Investment 11,375,747 7,308,580
(Gain) Loss on Exchange of Investment Securities (502,497) 417,468
PPP Loan Forgiveness (68,502)
Director Compensation Adjustment (1,185,251)
Loss on Equity Method Investment 24,483,374 685,533
Changes in Operating Assets and Liabilities, net of acquisitions    
Real Estate 13,082,932 (8,241,487)
Real Estate Reimbursement Receivable (6,707,079)
Account Receivables 217,178 (221,869)
Prepaid Expense 45,232 400,154
Deposits 3,108 (295,585)
Trading Securities (752,406) (7,510,442)
Inventory 32,149 13,164
Accounts Payable and Accrued Expenses 314,309 (9,535,319)
Other Receivables - Related Parties (109,999) (91,925)
Deferred Revenue (18,714) (707,145)
Operating Lease Liabilities (1,124,401) (638,006)
Builder Deposits (31,553)
Net Cash Provided by (Used in) Operating Activities 7,478,823 (31,855,435)
Cash Flows from Investing Activities    
Purchase of Property and Equipment (29,105) (599,650)
Purchase of Real Estate Properties (6,057,493)
Purchase of Real Estate Improvements (678,160) (767,237)
Purchase of Investment Securities (756,078) (8,429,620)
Proceeds from Sale of Investment Securities 103,809
Issuing Loan Receivable - Related Party (3,338,081) (377,864)
Proceeds from Loan Receivable - Related Party 2,672,438 1,005,014
Net Cash Used in Investing Activities (2,128,986) (15,123,041)
Cash Flows from Financing Activities    
Proceeds from Common Stock Issuance 3,433,921 6,213,000
Borrowing from a Commercial Loan 123,633
Deemed Distribution to Shareholder (214,933)
Repayment to Notes Payable (31,499) (279,152)
Net Cash Provided by Financing Activities 3,187,489 6,057,481
Net Increase (Decrease) in Cash and Cash Equivalents and Restricted Cash 8,537,326 (40,920,995)
Effects of Foreign Exchange Rates on Cash and Cash Equivalents 830,064 (1,359,281)
Cash and Cash Equivalents and Restricted Cash - Beginning of Year 18,521,903 60,802,179
Cash and Cash Equivalents and Restricted Cash- End of Year 27,889,293 18,521,903
Cash and Cash Equivalents 26,921,727 17,827,383
Restricted Cash 967,566 694,520
Total Cash and Cash Equivalents and Restricted Cash 27,889,293 18,521,903
Supplementary Cash Flow Information    
Cash Paid for Interest 3,979 1,853
Cash Paid for Taxes
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Unrealized Gain on Investment 777,773
Initial Recognition of ROU / Lease Liability 911,308 1,702,514
Deconsolidation of Alset Capital Acquisition 16,557,582
Intrinsic Value of BCF 450,000
Issuance of Stock by Exercising Warrants 3,895
Conversion of Related Party Note Payable to Common Stock 6,213,000
Conversion of VEII Note Receivable to Common Stock 1,300,000
Gain from Conversion of VEII Promissory Note to Stock and Warrants $ 6,488,457