v3.24.1.1.u2

Consolidated Statements of Operations - USD ($)	3 Months Ended
Consolidated Statements of Operations - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total Revenue		$ 380,932
Cost of goods sold:
Total cost of goods sold		60,100
Gross profit		320,832
Operating expenses:
General and administrative	3,901	25,374
Professional fees	11,250	12,813
Advertising and promotions		114
Interest expense		335
Total operating expenses	15,151	38,636
Income (loss) from operations	(15,151)	282,196
Other Income
Disposition of a business unit	1,562,067
Unrealized gain (loss)
Net Income	$ 1,546,916	$ 282,196
Earnings (loss) per Share: Basic	$ 0.0693	$ 0.0126
Earnings (loss) per Share: Diluted	$ 0.0693	$ 0.0126
Weighted Average Common Shares Outstanding: Basic	22,324,706	22,324,706
Weighted Average Common Shares Outstanding: Diluted	22,324,706	22,324,706
Entrepreneurship Development [Member]
Revenue:
Total Revenue		$ 492,562
Cost of goods sold:
Total cost of goods sold		60,100
Principal Transactions Net [Member]
Revenue:
Total Revenue		$ (111,630)

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

KID CASTLE EDUCATIONAL CORP 10-Q