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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Sales of products and services $ 0 $ 428,510 $ 3,488 $ 582,390
Cost of goods and services sold 0 (84,428) (827) (181,267)
Gross Profit 0 344,082 2,661 401,123
Operating expenses:        
Employee compensation 220,118 151,515 547,485 456,935
Occupancy 175,646 124,370 415,583 287,964
Depreciation and amortization of property and equipment 45,995 44,206 130,707 66,309
Amortization of intangible assets 3,590 2,862 10,224 8,640
Other operating expenses 87,415 14,706 311,283 258,660
Total Operating Expenses 532,764 337,659 1,415,282 1,078,508
Income (loss) from operations (532,764) 6,423 (1,412,621) (677,385)
Other Income (Expenses)        
Loss on obsolescence of inventory (88,338) 0 (216,233) 0
Interest expenses (49) (130) (52) (316)
Total Other Income (Expenses) (88,289) (130) (216,285) (316)
Loss before Provision for Income Tax (621,053) 6,293 (1,628,906) (677,701)
Provision for Income Tax 0 0 0 0
Net loss (621,053) 6,293 (1,628,906) (677,701)
Net loss attributable to non-controlling interest (40,210) 0 (143,257) 0
Net loss attributable to common stock holders $ (580,843) $ 6,293 $ (1,485,649) $ (677,701)
Net loss per share basic and diluted $ (0.01) $ 0.00 $ (0.01) $ (0.01)
Weighted average common shares outstanding basic and diluted 119,820,790 119,820,790 119,820,790 119,820,790
Comprehensive income (loss)        
Net loss to the Company $ (580,843) $ 6,293 $ (1,485,649) $ (677,701)
Net loss to NCI (40,210) 0 (143,257) 0
Foreign currency translation adjustment to the Company (25,981) 43,469 144,754 142,217
Foreign currency translation adjustment to the NCI 976 0 (11,658) 0
Total comprehensive income (loss) $ (646,058) $ 49,762 $ (1,495,810) $ (535,484)