Acquisition (Tables)

6 Months Ended

Jun. 30, 2023

Acquisition [Abstract]

Schedule of Fair Value of the Identifiable Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of the identifiable assets acquired and liabilities assumed at the acquisition date, which represents the net purchase price allocation at the date of the acquisition based on a valuation performed by an independent valuation firm engaged by the Company.

	Amount
Total consideration for step acquisition	$	12,640,062
Assets acquired and liabilities assumed:
Cash acquired		49,496
Property and equipment, net		305
Intangible assets, net		19,226,106
Current liabilities		(256,739	)
Total net assets acquired		19,019,168
Previous held 19.99% Equity Value		(7,962,586	)
31% Equity Value with noncontrolling interest		(19,522,079	)
Goodwill	$	21,105,559

The following table summarizes the fair value of the identifiable assets acquired and liabilities assumed at the acquisition date, which represents the net purchase price allocation at the date of the acquisition based on a valuation performed by an independent valuation firm engaged by the Company.

	Amount
Total consideration for step acquisition	$	24,078,675
Assets acquired and liabilities assumed:
Cash acquired		10,258
Other current assets		1,034,968
Property and equipment, net		10,975
Intangible assets, net		17,984,093
Current liabilities		(211,718	)
Total net assets acquired		18,828,576
Previous held 31.5% Equity Value		(13,937,461	)
10% Equity Value with non-controlling interests		(4,424,591	)
Goodwill	$	23,612,151