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Condensed Consolidated Statements of Operations and Other Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Total Revenue $ 4,960,711 $ 990,199 $ 12,173,964 $ 21,070,983
Operating Expenses        
Cost of Sales 2,949,824 581,059 8,438,149 13,008,833
General and Administrative 2,215,109 2,486,044 8,264,098 7,119,288
Impairment of Note Receivable, Goodwill, Equipment and Investment 759,559 1,511,481
Total Operating Expenses 5,924,492 3,067,103 18,213,728 20,128,121
(Loss) Income from Operations (963,781) (2,076,904) (6,039,764) 942,862
Other Income (Expense)        
Interest Expense (9,546) (111,558)
Foreign Exchange Transaction (Loss) Gain (3,673,699) 198,817 (1,634,713) 561,345
Realized Loss on Securities Investment (334,531) (602,624) (679,204) (11,291,166)
Loss on Equity Method Investment (591,502) (4,573,445) (2,569,644) (4,621,833)
Loss on Consolidation of Alset Capital Acquisition Corp. (21,657,036)
Other Expense (223,911) (262,481)
Other Income 161,501 717,951 370,855 1,808,489
Total Other Income (Expense), Net 2,433,020 (14,903,980) (954,752) (28,060,334)
Net Income (Loss) Before Income Taxes 1,469,239 (16,980,884) (6,994,516) (27,117,472)
Income Tax Expense (45,124) (45,124)
Net Income (Loss) 1,469,239 (17,026,008) (6,994,516) (27,162,596)
Net Loss Attributable to Non-Controlling Interest (247,124) (1,014,423) (702,109) (1,485,275)
Net Income (Loss) Attributable to Common Stockholders 1,716,363 (16,011,585) (6,292,407) (25,677,321)
Other Comprehensive Income (Loss)        
Foreign Currency Translation Adjustment 4,221,505 (1,852,698) 1,805,678 (2,940,640)
Total Comprehensive Income (Loss) 5,690,744 (18,878,706) (5,188,838) (30,103,236)
Less Comprehensive Income (Loss) Attributable to Non-controlling Interests 366,478 (269,568) (439,926) (444,726)
Total Comprehensive Income (Loss) Attributable to Common Shareholders $ 5,324,266 $ (18,609,138) $ (4,748,912) $ (29,658,510)
Net Income (Loss) Per Share - Basic $ 0.19 $ (1.73) $ (0.68) $ (2.86)
Net Income (Loss) Per Share - Diluted $ 0.19 $ (1.73) $ (0.68) $ (2.86)
Weighted Average Common Shares Outstanding - Basic 9,235,119 9,235,119 9,235,119 8,976,634
Weighted Average Common Shares Outstanding - Diluted 9,235,119 9,235,119 9,235,119 8,976,634
Nonrelated Party [Member]        
Other Income (Expense)        
Interest Income $ 61,326 $ 97,996 $ 404,481 $ 229,662
Unrealized Gain (Loss) on Securities Investment 224,773 (193,991) 648,726 6,349,738
Related Party [Member]        
Other Income (Expense)        
Interest Income 8,890 82,126
Unrealized Gain (Loss) on Securities Investment 6,809,719 (10,548,684) 2,796,660 560,467
Rental [Member]        
Revenue        
Total Revenue 724,699 705,334 2,150,204 2,030,112
Property [Member]        
Revenue        
Total Revenue 3,815,000 6,300 8,847,500 18,197,250
Biohealth [Member]        
Revenue        
Total Revenue 12,786
Other [Member]        
Revenue        
Total Revenue $ 421,012 $ 278,565 $ 1,176,260 $ 830,835