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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 9,948,100 $ 3,129,800
Stable coins 254,400
Digital assets 7,696,700
Accounts receivable 426,400
Prepaid expenses and other assets 4,244,900 489,700
Current content assets, net 2,463,300
Total current assets 17,692,700 11,570,600
Non-current Assets:    
Long-term investments 1,500,000 1,770,800
Goodwill 2,889,200
Content assets, net 359,300
Total non-current assets 4,748,500 1,770,800
Total assets 22,441,200 13,341,400
Current liabilities:    
Accounts payable 141,800
Contract liabilities 1,761,400
Income taxes payable 2,300 1,100
Other current liabilities and accrued expenses 4,731,900 185,400
Subscription advanced from the stockholders 2,755,100
Total liabilities 6,637,400 2,941,600
Commitments and contingencies (Note 13)
Shareholders’ Equity:    
Preferred stock, $0.001 par value, 10,000,000 and 2,000,000 shares authorized, no shares issued and outstanding as of September 30, 2024 and December 31, 2023
Paid-in capital 40,260,600 27,822,200
Accumulated deficit (24,497,300) (17,454,200)
Total shareholders’ equity 15,803,800 10,399,800
Total liabilities and shareholders’ equity 22,441,200 13,341,400
Related Party    
Current Assets:    
Loans receivable-a related party 610,000
Class A Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value [1] 40,500 31,800
Class B Ordinary Shares    
Shareholders’ Equity:    
Ordinary shares, value [1]
[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).