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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 407,588 $ 69,273
Restricted cash 1,587 1,129
Inventories 17,545,153
Accounts receivable, net 15,157,384 9,170,996
Accounts receivable, related party 9,571
Other receivables, net 4,182,706 4,704,455
Other receivables, related party 1,941,723 1,427,829
Prepayments, net 36,588 80,834
Assets related to discontinued operation 6,077,554
Total current assets 39,282,300 21,532,070
Non-current assets:    
Operating lease, right-of-use asset 2,353,083 40,596
Prepayments 2,388,435 2,495,570
Property, plant and equipment, net 3,544,751 3,817,015
Intangible assets, net 1,368,424
Long-term investments 1,694,269 1,722,999
Assets related to discontinued operation 3,300,184
Total non-current assets 9,980,538 12,744,788
Total assets 49,262,838 34,276,858
Current liabilities:    
Short-term loans - banks 273,713 473,825
Taxes payable 805,577 841,334
Accounts payable 318,729 324,991
Other payables and accrued liabilities 4,027,883 9,014,057
Other payables - related party 22,643
Operating lease liabilities - current 235,470 11,261
Customer deposits 3,020 19,629
Liability related to discontinued operation 6,700,468
Total current liabilities 5,664,392 17,408,208
Non-current liabilities:    
Operating lease liability 2,141,421 31,041
Long-term loans banks
Long-term loans – related party 834,950 914,771
Convertible notes payable 1,393,499
Total other liabilities 2,976,371 2,339,311
Total liabilities 8,640,763 19,747,519
Shareholder’s equity    
Ordinary shares, $0.01 par value, 500,000,000 shares authorized, 58,398,281 shares issued and outstanding as of December 31, 2023, 9,894,734 shares issued and outstanding as of December 31, 2022 583,982 98,947
Additional paid-in capital 93,828,090 44,145,826
Statutory reserves 2,143,252 2,143,252
Retained earnings (56,832,015) (35,113,598)
Accumulated other comprehensive loss 898,766 834,513
Total Blue Hat Interactive Entertainment Technology shareholders’ equity 40,622,075 12,108,940
Non-controlling interests 2,420,399
Total Equity 40,622,075 14,529,339
Total liabilities and shareholders’ equity $ 49,262,838 $ 34,276,858