Summary of Significant Accounting Policies (Details) - USD ($) |
6 Months Ended | 12 Months Ended |
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Jun. 30, 2024 |
Dec. 31, 2023 |
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Accounting Policies [Abstract] | ||
Fair value of investments, beginning balance | $ 11,318,196 | $ 9,010,968 |
Purchase of equity investments | 295,810 | 2,307,228 |
Fair value of investments, ending balance | 11,214,006 | $ 11,318,196 |
Sale of equity investments | $ (400,000) |
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- References No definition available.
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- Definition Fair value portion of investments accounted under the equity method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow associated with the sale of equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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