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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 8,870,800 $ 3,129,800
Trading securities 7,000
Stable coins 254,400
Digital assets 7,696,700
Accounts receivable 422,800
Prepaid expenses and other assets 3,175,100 489,700
Current content assets, net 1,566,800
Total current assets 14,908,500 11,570,600
Non-current Assets:    
Long-term investments 1,480,800 1,770,800
Goodwill 2,889,200
Content assets, net 183,800
Total non-current assets 4,553,800 1,770,800
Total assets 19,462,300 13,341,400
Current liabilities:    
Accounts payable 1,000,500
Contract liabilities 2,095,500
Income taxes payable 2,700 1,100
Other current liabilities and accrued expenses 2,255,300 185,400
Subscription advanced from the shareholders 2,755,100
Total liabilities 5,354,000 2,941,600
Commitments and contingencies (Note 14)
Shareholders’ Equity:    
Preferred stock, $0.001 par value, 2,000,000 shares authorized, no shares issued and outstanding
Paid-in capital 40,405,400 27,822,200
Accumulated deficit (26,337,600) (17,454,200)
Total shareholder’s equity 14,108,300 10,399,800
Total liabilities and shareholder’ equity 19,462,300 13,341,400
Related party    
Current Assets:    
Loans receivable – a related party 866,000
Class A Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value [1] 34,600 31,800
Class B Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value [1] $ 5,900
[1] The shares and per share information are presented on a retroactive basis to reflect the reorganization and reclassification of Class A and Class B ordinary shares (Note 1).