Taxes (Tables)

6 Months Ended

Jun. 30, 2025

Taxes [Abstract]

Schedule of Provision for Income Taxes

Significant components of the provision for income taxes are as follows:

	For the Six Months Ended June 30,
	2025			2024
Current	$	2,621		$	(410	)
Deferred		(1,693,253	)		(144,541	)
Income tax expense (benefit)	$	(1,690,631	)	$	(144,951	)

Schedule of Reconciles China Statutory Rates

The following table reconciles China statutory rates to the Group’s effective tax rate:

	For the Six Months Ended June 30,
	2025			2024
PRC statutory rates		25.0	%		25.0	%
Preferential tax rates		0.1	%		(1.9	)%
R&D credits		0.6	%		1.2	%
Change in valuation allowance and others		(16.3	)%		(23.3	)%
Effective tax rate		9.4	%		1.0	%

Schedule of Deferred Tax Assets

The significant components of the deferred tax assets and liabilities are as follows:

	June 30, 2025			December 31, 2024
Deferred tax assets:
Provision for credit losses	$	1,307,197		$	1,483,285
Depreciation and amortization		211,130			207,204
Net operating loss carryforward		3,105,490			2,751,701
Valuation allowance		(3,832,058	)		(3,464,740	)
Deferred tax assets, net	$	791,759		$	977,450
Deferred tax liabilities:
Increase in fair value of intangible assets acquired through acquisition	$	1,815,719		$	1,882,829
Impairment of intangible assets acquired through acquisition		(1,815,719	)		-
Deferred tax liabilities	$	-		$	1,882,829

Schedule of Taxes Payable

Taxes payable consists of the following:

	June 30, 2025		December 31, 2024
Income taxes payable	$	5,697	$	5,591
VAT and other tax payable		121,128		239,179
Taxes payable	$	126,825	$	244,770