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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities    
Net Loss from Operations $ (9,504,892) $ (7,313,792)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation 328,808 308,695
Non-Cash Lease Expenses 217,635 307,001
Impairment of Note Receivable, Goodwill and Investment 627,480 443,499
Foreign Transaction Loss (Gain) 1,409,102 (1,193,636)
Unrealized Gain on Securities Investment (280,908) (176,634)
Unrealized Loss on Securities Investment - Related Party 3,801,655 5,442,451
Realized Loss on Securities Investment 180,096 152,468
Loss on Equity Method Investment 631,568 1,121,418
Changes in Operating Assets and Liabilities, net of acquisitions    
Real Estate 1,984,844
Real Estate Reimbursement Receivable 582,500 (960,996)
Account Receivables (15,360) 98,812
Advances to Related Party (550,000)
Other Receivables - Related Parties (12,000)
Prepaid Expense 53,214 (20,578)
Deposits (16,357) (111,609)
Trading Securities (937,705) (531,385)
Inventory (1,007) (1,620)
Accounts Payable and Accrued Expenses (617,960) (210,430)
Deferred Revenue 14,872
Operating Lease Liabilities (216,895) (297,755)
Net Cash Used in Operating Activities (3,756,154) (1,509,247)
Cash Flows from Investing Activities    
Purchase of Fixed Assets (61,244) (2,072)
Purchase of Investment Securities (646,785)
Issuing Loan Receivable (511,234)
Issuing Loan Receivable - Related Party (479,297) (633,083)
Collection of Loan Receivable - Related Party 79,036 34,671
Net Cash Used in Investing Activities (461,505) (1,758,503)
Cash Flows from Financing Activities    
Proceeds from Common Stock Issuance 2,613,526
Borrowing from a Commercial Loan 119,621
Repayment to Notes Payable (280,074) (359,803)
Net Cash Provided by (Used in) Financing Activities 2,333,452 (240,182)
Net Decrease in Cash and Cash Equivalents and Restricted Cash (1,884,207) (3,507,932)
Effects of Foreign Exchange Rates on Cash and Cash Equivalents 24,744 311,515
Cash and Cash Equivalents and Restricted Cash - Beginning of Period 28,183,726 27,889,293
Cash and Cash Equivalents and Restricted Cash- End of Period 26,324,263 24,692,876
Cash 25,194,810 23,727,542
Restricted Cash 1,129,453 965,334
Total Cash and Restricted Cash 26,324,263 24,692,876
Supplementary Cash Flow Information    
Cash Paid for Interest 992 992
Cash Paid for Taxes 42,948
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Initial Recognition of ROU / Lease Liability 132,044 209,931
Promissory Notes Received in Exchange for Sale of HWH Common Stock to Investors 16,160,000
Issuance of HWH Common Stock to EF Hutton for Deferred Underwriting Compensation 1,509,375
Conversion of Ketomei Note Payable to Common Stock 310,796
Gain from SHRG Warrants and Convertible Notes $ 87,131 $ 216,188