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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2023
Schedule of Reconciliation of The Beginning And Ending Amount of Liabilities Associated With Uncertain Tax Positions [Abstract]  
Schedule of Income Tax Provision The income tax provision consists of the following components:
   For the year
ended
December 31,
2023
   For the year
ended
December 31,
2022
   For the year
ended
December 31,
2021
 
Current:            
Federal  $
-
   $
-
   $
        -
 
State   -    -    - 
Foreign   94,947    255,805    
-
 
Total current income tax expenses, continuing operations   94,947    255,805    
-
 
Current income tax expenses, discontinued operations   
-
    
-
    
-
 
Total current  $94,947   $255,805    
-
 
                
Deferred:               
Federal  $
-
   $
-
    
-
 
State   -    -    - 
Foreign   
-
    
-
    
-
 
Total deferred income tax expenses, continuing operations   
-
    
-
    
-
 
Deferred income tax expenses, discontinued operations   
-
    
-
    
-
 
Total deferred  $
-
   $
-
    
-
 
Total income tax expense  $94,947   $255,805    
-
 
Schedule of Effective Tax Rate for the Continuing Operations The effective tax rate for the continuing operations was (5.90)%, (2.6)% and nil% for the years ended December 31, 2023, 2022 and 2021, respectively.
   For the year
ended
December 31,
2023
   For the year
ended
December 31,
2022
   For the year
ended
December 31,
2021
 
Profit/(Loss) before income tax expense  $(1,610,047)  $(9,385,293)  $(13,478,704)
Computed tax benefit with statutory tax rate   (338,110)   (1,970,912)   (2,982,746)
Impact of different tax rates in other jurisdictions   (52,799)   (96,669)   (1,384)
Tax effect of non-deductible expenses   
-
    
-
    775 
Previous years unrecognized tax effects             (95,757)
Changes in valuation allowance   485,856    2,323,386    3,079,112 
Total income tax expense  $94,947   $255,805    
-
 
   For the year ended
December 31,
2023
   For the year ended
December 31,
2022
   For the year ended
December 31,
2021
 
Loss before income tax expense    $(21,946)  $(712,414)  $(16,594,807)
Computed tax benefit with statutory tax rate   (4,608)   (149,606)   (3,332,691)
Impact of different tax rates in other jurisdictions   (988)   (32,059)   (81,864)
Effect of preferred tax rate   3,621    117,548    2,136,292 
Tax effect of non-deductible expenses   
-
    
-
    1,370,731 
Previous years unrecognized tax effects   
-
    
-
    (3,442)
Changes in valuation allowance   1,975    64,117    (89,026)
Total income tax expense  $
-
   $
-
   $
-
 

 

Schedule of Deferred Tax Assets and Liabilities
   As of
December 31,
   As of 
December 31,
 
   2023   2022 
Deferred tax assets        
Tax loss carried forward  $
      -
   $
-
 
Provision for impairment loss   
-
    1,533,964 
Unvested restricted shares   
-
    
-
 
Total deferred tax assets   
-
    1,533,964 
Less: valuation allowance   
-
    (1,533,964)
Total Deferred tax assets, net of valuation allowance   
-
    
-
 
           
Deferred tax liabilities          
Total Deferred tax liabilities  $
-
   $
-
 
Deferred tax assets, net of valuation allowance and deferred tax liabilities  $
-
   $
-
 
   As of
December 31,
   As of 
December 31,
 
   2023   2022 
Deferred tax assets        
Tax loss carried forward  $
             -
   $
-
 
Provision for doubtful accounts   
-
    
-
 
PPE, due to difference in depreciation   
-
    10,914 
Total deferred tax assets   
-
    10,914 
Less: valuation allowance   
-
    (10,914)
Total Deferred tax assets, net of valuation allowance   
-
    
-
 
           
Deferred tax liabilities          
Total Deferred tax liabilities  $
-
   $
-
 
Deferred tax assets, net of valuation allowance and deferred tax liabilities  $
-
   $
-
 
Schedule of Uncertain Tax Positions The reconciliation of the beginning and ending amount of liabilities associated with uncertain tax positions is as follows:
    December 31, 2023    December 31, 2022 
Uncertain tax liabilities, beginning of period, discontinued operations  $
-
   $
-
 
Additions for tax position of current period   
-
    
-
 
Settlements with tax authority during current year   
-
    
-
 
Uncertain tax liabilities, end of period, discontinued operations  $
-
   $
-