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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash $ 52,659 $ 209,561
Accounts receivable, net 180,000
Other receivables, net 5,223,235
Due from related party 1,279  
Due from discontinued operations 14,013,927
Escrow, current 4,896,932
Prepayments 10,564
Short-term investment 6,704,029
Current assets of discontinued operations 1,563,009
Total current assets 5,467,737 27,387,458
OTHER ASSETS    
Escrow 52,187,762
Other assets of discontinued operations 3,260,740
Total other assets 52,187,762 3,260,740
Total assets 57,655,499 30,648,198
CURRENT LIABILITIES    
Other payables and accrued liabilities 62,403
Taxes payable 594
Current liabilities of discontinued operations 24,119,744
Total current liabilities 62,997 24,119,744
OTHER LIABILITIES    
Other liabilities of discontinued operations 26,772
Total other liabilities 26,772
Total liabilities 62,997 24,146,516
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY    
Ordinary shares, $0.00001 par value, 5,000,000,000,000 shares authorized,1,342,999 and 23,867 issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 13
Subscription receivable (1,184,676)
Additional paid-in capital 83,383,062 33,832,743
Statutory reserves 449,136
Accumulated deficits (24,604,441) (28,066,415)
Accumulated other comprehensive income (1,456) 361,655
Total shareholders’ equity attributable to Infobird Co., Ltd 57,592,502 6,577,119
Non-controlling interests (75,437)
Total equity 57,592,502 6,501,682
Total liabilities and equity $ 57,655,499 $ 30,648,198