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Condensed Consolidated Statements of Operations and Other Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Total Revenue $ 1,127,046 $ 19,153,848 $ 7,213,253 $ 20,080,784
Operating Expenses        
Cost of Sales 829,958 11,738,493 5,488,325 12,427,774
General and Administrative 2,798,137 2,305,859 6,048,990 4,633,244
Impairment of Note Receivable, Goodwill and Investment 308,423 751,922
Total Operating Expenses 3,936,518 14,044,352 12,289,237 17,061,018
(Loss) Income from Operations (2,809,472) 5,109,496 (5,075,984) 3,019,766
Other Income (Expense)        
Interest Expense (94,091) (113,214)
Foreign Exchange Transaction Gain 845,350 1,150,830 2,038,986 362,528
Realized Loss on Securities Investment (192,205) (10,557,229) (344,673) (10,688,542)
(Loss) Gain on Equity Method Investment (856,724) 219,888 (1,978,142) (48,388)
Loss on Consolidation of Alset Capital Acquisition Corp. (21,657,036) (21,657,036)
Other Expense (36,999) (38,570)
Other Income 139,201 987,531 209,354 1,090,538
Total Other Income (Expense), Net 1,659,507 (10,922,902) (3,387,772) (13,156,354)
Net Loss Before Income Taxes (1,149,965) (5,813,406) (8,463,756) (10,136,588)
Income Tax Expense
Net Loss (1,149,965) (5,813,406) (8,463,756) (10,136,588)
Net Income (Loss) Attributable to Non-Controlling Interest 89,149 (5,556) (454,985) (470,852)
Net Loss Attributable to Common Stockholders (1,239,114) (5,807,850) (8,008,771) (9,665,736)
Other Comprehensive Loss        
Foreign Currency Translation Adjustment (1,253,895) (2,183,883) (2,064,408) (1,087,940)
Total Comprehensive Loss (2,403,860) (7,997,289) (10,528,164) (11,224,528)
Less Comprehensive Loss Attributable to Non-controlling Interests (93,209) (320,903) (351,419) (626,520)
Total Comprehensive Loss Attributable to Common Shareholders $ (2,310,651) $ (7,676,386) $ (10,176,745) $ (10,598,008)
Net Loss Per Share - Basic $ (0.13) $ (0.63) $ (0.87) $ (1.09)
Net Loss Per Share - Diluted $ (0.13) $ (0.63) $ (0.87) $ (1.09)
Weighted Average Common Shares Outstanding - Basic 9,235,119 9,235,119 9,235,119 8,845,250
Weighted Average Common Shares Outstanding - Diluted 9,235,119 9,235,119 9,235,119 8,845,250
Nonrelated Party [Member]        
Other Income (Expense)        
Interest Income $ 122,415 $ 92,388 $ 343,155 $ 131,666
Unrealized Gain (Loss) on Securities Investment 247,319 9,027,846 423,953 6,543,729
Related Party [Member]        
Other Income (Expense)        
Interest Income 55,849 84,438
Unrealized Gain (Loss) on Securities Investment 1,429,392 9,812,880 (4,013,059) 11,109,151
Rental [Member]        
Revenue        
Total Revenue 705,011 690,967 1,425,505 1,324,778
Property [Member]        
Revenue        
Total Revenue 18,190,950 5,032,500 18,190,950
Biohealth [Member]        
Revenue        
Total Revenue 12,786
Other [Member]        
Revenue        
Total Revenue $ 422,035 $ 271,931 $ 755,248 $ 552,270