Related Party Loan (Details Narrative) - USD ($) |
6 Months Ended | ||||
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Apr. 02, 2024 |
Mar. 05, 2024 |
Sep. 07, 2023 |
Jun. 30, 2024 |
Dec. 31, 2023 |
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Golden Sunrise Investment LLC [Member] | |||||
Loan amount | $ 1,000,000 | $ 1,300,000 | |||
Owned percentage | 19.00% | ||||
Interest rate | 12.00% | 12.00% | |||
Due date | Sep. 07, 2024 | Sep. 07, 2024 | |||
Secured loan amount | $ 300,000 | ||||
Interest expense | 72,000 | ||||
Accrued interest | 26,000 | ||||
Desheng Wang [Member] | |||||
Loan amount | $ 300,000 | ||||
Due date | Apr. 01, 2026 | ||||
Interest expense | 17,098 | ||||
Annual interest rate | 12.00% | ||||
Principal loan amount | $ 300,000 | $ 801,000 |
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Percentage of investment owned to net assets. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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