SOS Limited (SOS) 20-F 18 May 23 2022 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2022 shares
Document Information Line Items
Entity Registrant Name	SOS Ltd
Document Type	20-F
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001346610
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-38051
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	Building 6, East Seaview Park,
Entity Address, Address Line Two	298 Haijing Road, Yinzhu Street
Entity Address, Address Line Three	West Coast New District,
Entity Address, City or Town	Qingdao City
Entity Address, Postal Zip Code	266400
Entity Address, Country	CN
Entity Interactive Data Current	Yes
Document Accounting Standard	U.S. GAAP
Auditor Name	Audit Alliance LLP
Auditor Location	Singapore
Auditor Firm ID	3487
Business Contact
Document Information Line Items
Entity Address, Address Line One	Building 6, East Seaview Park,
Entity Address, Address Line Two	298 Haijing Road, Yinzhu Street
Entity Address, Address Line Three	West Coast New District,
Entity Address, City or Town	Qingdao City
Entity Address, Postal Zip Code	266400
Entity Address, Country	CN
Contact Personnel Name	Yandai Wang
City Area Code	+86
Local Phone Number	532-86617117
American depositary shares, each representing 10 Class A ordinary share, par value US$0.005 per share [Member]
Document Information Line Items
Trading Symbol	SOS
Title of 12(b) Security	American depositary shares, each representing 10 Class A ordinary share, par value US$0.0001 per share
Security Exchange Name	NYSE
Class A ordinary shares, par value US$0.0001 per share [Member]
Document Information Line Items
Trading Symbol	SOS
Title of 12(b) Security	Class A ordinary shares, par value US$0.0001 per share
Security Exchange Name	NYSE
Class A Ordinary Shares
Document Information Line Items
Entity Common Stock, Shares Outstanding	2,985,573,853
Class B Ordinary Shares
Document Information Line Items
Entity Common Stock, Shares Outstanding	198,162,525

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 259,492	$ 327,126
Accounts receivable, net	2,432	19,843
Inventories	46,273	60,587
Other receivables, net	55,004	165,763
Amount due from related parties	69,038	32,306
Intangible assets	6,406	14,502
Tax recoverable	2,543	6,099
Assets related to discontinued operation		37,281
Total current assets	441,188	663,507
Operating lease, right-of-use asset	921
Property, plant and equipment, net	12,553	26,217
Goodwill	72	72
Assets related to discontinued operation		5,504
Total non-current assets	13,546	31,793
Total assets	454,734	695,300
LIABILITIES AND EQUITY
Accrued liabilities	20,385	19,309
Accounts payable	12,834	11,376
Amount due to related parties	643	36
Operating lease liabilities	544
Contract liabilities
Tax payable	94
Other payables	11,081	5,321
Liability related to discontinued operation		23,771
Total current liabilities	45,581	59,813
Operating lease liabilities	377
Liability related to discontinued operation		1,918
Total non-current liabilities	377	1,918
Total liabilities	45,958	61,731
Ordinary shares, $0.001 par value, 6,000,000,000 shares authorized, comprising of 3,183,736,378 Class A shares and 198,162,525 Class B shares. Class A shares and Class B shares were issued and outstanding as of December 31, 2022. 2,340,462,712 Class A shares and 97,722,525 Class B shares were issued and outstanding as of December 31, 2021.	374	300
Statutory Reserve	59
Additional paid-in capital	705,488	672,352
(Accumulated deficit)	(272,919)	(43,413)
Accumulated other comprehensive income	(23,400)	4,130
Non-controlling interests	(826)	200
Total shareholder’s equity	408,776	633,569
Total liabilities and shareholders’ equity	$ 454,734	$ 695,300

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Ordinary shares, par value (in Dollars per share)	$ 0.001	$ 0.001
Ordinary shares, authorized	6,000,000,000	6,000,000,000
Class A Ordinary Shares
Ordinary shares, par value (in Dollars per share)	$ 0.0001
Ordinary shares, authorized	3,682,373,853	3,682,373,853
Ordinary shares, issued	2,340,462,712
Ordinary shares, outstanding	2,340,462,712
Class B Ordinary Shares
Ordinary shares, par value (in Dollars per share)	$ 0.0001
Ordinary shares, authorized	198,162,525	198,162,525
Ordinary shares, issued	97,722,525
Ordinary shares, outstanding	97,722,525

Consolidated Statements of Prof

Consolidated Statements of Profit and Other Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
REVENUES	$ 260,026	$ 290,790
COST OF REVENUES	(270,597)	(277,879)
GROSS PROFIT	(10,571)	12,911
OPERATING EXPENSES:
General and administrative expenses	(180,704)	(21,765)	(1,893)
Selling expenses	(8,556)	(673)
Share-based compensation	(14,714)	(33,537)
Total operating expenses	(203,974)	(55,975)	(1,893)
(LOSS) FROM OPERATIONS	(214,545)	(43,064)	(1,893)
OTHER (EXPENSE)/INCOME
Loss on acquisition			(5,679)
Non-operating income			63
Interest income/( expense)	424
Other (expense)/income, net	(15,555)	(9,358)
Total other (expenses)	(15,131)	(9,358)	(5,616)
LOSS BEFORE INCOME TAXES	(229,676)	(52,422)	(7,509)
INCOME TAXES	(536)	(3)
NET (LOSS)	(230,212)	(52,425)	(7,509)
DISCONTINUED OPERATIONS
Gain on disposal of discontinued operations	811
Income/(loss) from discontinued operations	(1,072)	3,374	11,913
(LOSS)/gain FROM DISCONTINUED OPERATIONS	(261)	3,374	11,913
NET (LOSS)/PROFIT	(230,473)	(49,051)	4,404
Net income attributable to non-controlling interests	1,026	(200)
NET (LOSS) ATTRIBUTABLE TO SOS LIMITED	(229,447)	(49,251)	4,404
OTHER COMPREHENSIVE (LOSS)/INCOME
Foreign currency translation	26,063	3,392	874
TOTAL COMPREHENSIVE (LOSS)/INCOME	$ (203,384)	$ (45,859)	$ 5,278
Basic (in Shares)	3,183,736,378	2,340,462,712	325,996,667
Diluted (in Shares)	3,550,792,426	2,775,018,991	488,960,010
(LOSS)/EARNINGS PER SHARE
Basic (in Dollars per share)	$ (0.0721)	$ (0.0251)	$ 0.0135
Diluted (in Dollars per share)	$ (0.0721)	$ (0.0251)	$ 0.009

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Total Ordinary Shares	Additional Par value	Additional Paid-in capital	(Accumulated deficits)/retained earnings	Accumulated other comprehensive income	Statutory Reserve	Non- controlling interests	Treasury Stock	Class A shares Ordinary shares	Class B shares Ordinary shares
Balance at Dec. 31, 2019	$ 1,324		$ 6	$ (6)	$ 1,340	$ (16)
Balance (in Shares) at Dec. 31, 2019		62,460,939								46,051,534	16,409,405
Acquisition of China Rapid Finance	9,661		7	9,654
Acquisition of China Rapid Finance (in Shares)		72,636,230								66,700,624	5,935,606
Cash paid by investors pursuant to reverse acquisition	1,000			1,000
Issuance of Class A Ordinary Shares and warrant closed on July 1, 2020, August 27, 2020, November 3, 2020	38,444		19	38,425
Issuance of Class A Ordinary Shares and warrant closed on July 1, 2020, August 27, 2020, November 3, 2020 (in Shares)		186,363,343								186,363,343
Issuance of Class A Ordinary Shares and warrant	3,578		3	3,575
Issuance of Class A Ordinary Shares and warrant (in Shares)		26,000,000							(26,000,000)	52,000,000
Share based compensation granted to management	951		1	952		(2)
Share based compensation granted to management (in Shares)		4,625,125								2,501,484	2,123,641
Net loss	(7,509)				(7,509)
Foreign currency translation adjustments	874		24		94	756
Disposition of discontinued operation	11,913				11,913
Balance at Dec. 31, 2020	60,236		60	53,600	5,838	738
Balance (in Shares) at Dec. 31, 2020		352,085,637							(26,000,000)	353,616,985	24,468,652
Share-based compensation	33,153		12	33,141
Share-based compensation (in Shares)		120,841,373								47,587,500	73,253,873
Issuance of Class A Ordinary Shares and warrant	585,839		228	585,611
Issuance of Class A Ordinary Shares and warrant (in Shares)		1,965,258,227							(670,800,000)	2,636,058,227
Net loss	(52,425)				(52,625)			200
Foreign currency translation adjustments	3,392					3,392
Disposition of discontinued operation	3,374				3,374
Balance at Dec. 31, 2021	633,569		300	672,352	(43,413)	4,130		200
Balance (in Shares) at Dec. 31, 2021		2,438,185,237							(696,800,000)	3,037,262,712	97,722,525
Share-based compensation	14,714		39	14,675
Share-based compensation (in Shares)		388,051,141								287,611,141	100,440,000
Issuance of Class A Ordinary Shares and warrant	18,463		36	18,427
Issuance of Class A Ordinary Shares and warrant (in Shares)		357,500,000								357,500,000
Net loss	(230,212)				(229,186)			(1,026)
Foreign currency translation adjustments	(26,063)		(1)	34		(26,096)
Appropriation of statutory reserve					(59)		59
Disposition of discontinued operation	(1,695)				(261)	(1,434)
Balance at Dec. 31, 2022	$ 408,776		$ 374	$ 705,488	$ (272,919)	$ (23,400)	$ 59	$ (826)
Balance (in Shares) at Dec. 31, 2022		3,183,736,378							(696,800,000)	3,682,373,853	198,162,525

Consolidated Statements of Cash

Consolidated Statements of Cash Flow - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)/income	$ (229,447)	$ (49,251)	$ 4,404
Net (loss) from continuing operation	(229,186)	(52,625)	(7,509)
Net (loss) from discontinued operation	(261)	3,374	11,913
Adjustments for:
Depreciation of property, plant and equipment	7,960	4,007
Depreciation of right-of-use asset	693	843
Share-based compensation	14,714	33,537	506
Accretion of finance leases	75	152
Allowance for doubtful accounts - accounts receivable	(500)	963
Allowance for doubtful accounts - other receivables	170,842	269
Impairment of intangible assets	8,425	925
Impairment of mining equipment	25,043
Inventory mark down	16,786
Loss on acquisition			5,679
Adjustments, total	244,038	40,696	6,185
Changes in operating assets and liabilities:
Accounts receivable	17,911	(19,843)	15,853
Other receivables	(60,083)	(161,933)
Amount due from related parties	(53,732)	(32,306)	822
Inventories	(5,267)	(60,587)
Intangible assets	(329)	(14,502)
Accrued liabilities	1,076	19,309
Tax (recoverable)/payable	3,650	(6,099)	(374)
Accounts payable	1,458	11,376	(13,018)
Other payables	5,760	5,321	(5,876)
Amount due to related parties	607	26	(5,564)
Contract liabilities			(64)
Lease liabilities	921
Net cash used in operating activities from continuing operations	(73,176)	(271,167)	(9,545)
Net cash (used in) in generating from discontinued operating activities	261	52,604	(34,007)
Net cash (used in) operating activities	(72,915)	(218,563)	(43,552)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(16,030)	(31,943)
Proceed from disposals of discontinued operations			3,500
Net cash used in investing activities from continuing operations	(16,030)	(31,943)	3,500
Net cash used in investing activities from discontinued operation		(1,091)	(501)
Net cash (used in)/generated from investing activities	(16,030)	(33,034)	2,999
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of principle portion of lease liabilities	(768)	(1,764)
Proceed from share issuance, net of issuance costs	18,463	585,839	3,578
Proceeds from private equity placement, net of issuance costs			39,973
Proceeds from disposal of subsidiaries	17,000
Net cash generated from financing activities	34,695	584,075	43,551
EFFECT OF EXCHANGE RATES ON CASH	(24,283)	1,825	683
NET CHANGES IN CASH AND CASH EQUIVALENTS	(78,533)	334,303	3,681
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	338,025	3,722	41
CASH AND CASH EQUIVALENTS, END OF YEAR	264,434	338,025	3,722
LESS: CASH AND CASH EQUIVALENTS, FROM THE DISCONTINUED OPERATIONS	4,941	10,899	144
Supplemental cash flow information
Cash paid for income tax	1,032	3,480	1,962,855
Purchases of USDT from a third party exchange platform		65,000
Payment of deposits on equipment in USDT		$ (65,000)

Organization and Principal Acti

Organization and Principal Activities	12 Months Ended
	Dec. 31, 2022
Organization and Principal Activities [Abstract]
ORGANIZATION AND PRINCIPAL ACTIVITIES	1. ORGANIZATION AND PRINCIPAL ACTIVITIES We were formed in Delaware on July 12, 2004 as China Risk Finance LLC. We began our credit analytics service provider business in 2001. We developed our proprietary, advanced technology over the past 18 years, during which our founders and management team advised many of China’s largest banks in analyzing consumer credit to issue over one hundred million credit cards to consumers. On April 28, 2017, our ADSs commenced trading on the NYSE under the symbol “XRF.” In May 2017, we completed our IPO in which we sold a total of 11,500,000 of our ADSs, each representing ten Class A Ordinary Shares and listing of our ADSs on the NYSE. In the third quarter 2018, due to regulatory changes that made it cost-prohibitive, and in some ways very risky from the regulatory compliance perspective, to own and operate our legacy marketplace lending platform, we decided to cease the customer acquisition and loan facilitation at our legacy marketplace lending platform and started to transition our business to other industries. On May 5, 2020, we entered into a set of agreements with Yong Bao Two Limited (“YBT”), the shareholders of YBT (the “YBT Shareholders”), eight individual investors introduced by YBT (collectively with the YBT Shareholders, the “Investors”) and True North Financial, LLC to acquire YBT, which controls its variable interest entity SOS Information Technology Co., Ltd.. The transaction was consummated on May 15, 2020. As a result, we now own 100% of YBT, which controls its variable interest entity, SOS Information Technology Co., Ltd.. The shares issued to the Investors were relied on exemption from registration in accordance with Regulation S and/or Rule 4(a)(2) under the Securities Act of 1933, as amended. Accordingly, we started our newly acquired data mining and targeted marketing services business through SOS Information. On August 3, 2020, we entered into certain share purchase agreement (the “Disposition SPA”) with Hantu (Hangzhou) Asset Management Co., Ltd. (the “Purchaser”). Pursuant to the Disposition SPA, the Purchaser agreed to purchase CRF China Holding Co. Limited, a Hong Kong limited company, China Capital Financial LLC, a Delaware limited liability company, CRF China Limited, a British Virgin Islands company, CRF Technology LLC, a California limited liability company, and HML China LLC, a Delaware limited liability company (collectively, the “XRF Subsidiaries”) in exchange for cash consideration of $3.5 million. Upon the closing of the transaction (the “Disposition”) contemplated by the Disposition SPA, the Purchaser will become the sole shareholder of the XRF Subsidiaries and as a result, assume all assets and liabilities of all the subsidiaries and variable interest entities owned or controlled by the XRF Subsidiaries. The Disposition closed on August 6, 2020. As a result of the Disposition, we ceased our legacy peer-to-peer lending business and have since focused on becoming a leading high-technology services business with services including marketing data, technology and solutions for insurance companies and emergency rescue services in China. We also changed our trading symbol to “SOS.” We provide a wide range of data mining and analysis services to our corporate and individual members, including providing marketing data, technology and solutions for insurance companies, emergency rescue services, and insurance product and health care information portal in China. Our mission is to make it easier, safer and more efficient for our clients to obtain and process the data of their target customers. We primarily address the large unmet demand for marketing-related data for clients such as insurance companies, financial institutions, medical institutions, healthcare providers and other service providers in the emergency rescue services industry by creating a SOS cloud emergency rescue service software as a service (SaaS) platform. In 2020, we have launched our crypto mining business, and aim to start infrastructure services in blockchain security for our big data insurance marketing as well as provide insurance and banking services for digital assets and cryptocurrencies. The accompanying consolidated financial statements reflect the activities of SOS Limited and each of the following entities: Name Background SOS Information Technology New York Inc. A New York company Incorporated on July 15, 2020 A holding company SOS NY Yong Bao Two Ltd. A British Virgin Island company Incorporated on February 29, 2020 A holding company YBT Canada XX Exchange Ltd. Digital asset exchange platform Canada XX US XX Exchange Ltd. Digital asset exchange platform US XX Future Technology Global Ltd. (HK) A 100% subsidiary of SOS Information Technology Co., Ltd. Future Technology FDW Limited A 100% subsidiary of SOS Ltd. FDW Limited China SOS Ltd. A Hong Kong limited liability company Incorporated on June 19, 2019 A holding company China SOS FD LLC A 51% owned JV with Niagara Development LLC FD LLC Qingdao SOS Investment Management Co., Ltd. A 100% subsidiary of China SOS Limited, a WOFE WFOE Qingdao SOS Investment LLP A 99% subsidiary of Qingdao SOS Investment Management Co., Ltd.(PRC) Qingdao SOS SOS Auto Service CO.,Ltd. A 99% subsidiary of Qingdao SOS Investment Management Co., Ltd.(PRC) Other Subsidiary SOS Industrial Holding Co., Ltd. A VIE of Qingdao SOS Management Consulting Co., Ltd. VIE Qingdao SOS Digital Technologies Inc.(PRC) A 100% subsidiary of Qingdao Enterprise Co. Ltd., operates insurance marketing business,10085 hot line, bankcard promotional center and SaaS service Other Subsidiary SOS Information Technology Co., Ltd. A 100% subsidiary of Qingdao Enterprise Co. Ltd., operates insurance marketing business, 10086 hot line, bankcard promotional center and SaaS service Other Subsidiary Inner Mongolia SOS Insurance Agency Co., Ltd. A 100% subsidiary of SOS Information Technology Co., Ltd, which operates insurance brokerage business within Inner Mongolia region Other Subsidiary Common Prosperity Technology Co., Ltd. A 50% subsidiary of SOS International Trading Co., Ltd. and another 50% owned by Qingdao SOS Investment LLP Other Subsidiary SOS International Trading Co., Ltd. A 100% subsidiary of SOS Information Technology Co., Ltd. Other Subsidiary SOS Ronghe Digital Technology Co., Ltd. (PRC) A 69% subsidiary of SOS Information Technology Co,. Ltd. Other Subsidiary Weigou International Trading Co., Ltd. A 99% subsidiary of Qingdao Investment LLP Other Subsidiary Shuyun International Trading Co., Ltd. A 99% subsidiary of Qingdao Investment LLP Other Subsidiary Chexiaoer Technology Co., Ltd. A 25% subsidiary of Qingdao Investment LLP and A 30% owned by SOS Auto Service Co., Ltd. Other Subsidiary Hebei S Cloud Enterprise Management Co., Ltd. A 99% subsidiary of Future Digital Investment Ltd.(Hong Kong) Other Subsidiary S International Group Limited A 100% subsidiary of SOS Limited SOS Limited S International Holdings Limited A 100% subsidiary of S International Group Limited S International Group Limited Qingdao S Investment Holding Co., Ltd. A 100% subsidiary of S International Group Limited S International Group Limited

Summary of Significant Accounti

Summary of Significant Accounting Policies and Practices	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies and Practices [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND PRACTICES Basis of presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for information pursuant to the rules and regulations of the SEC. Principles of consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries, which include the wholly- foreign owned enterprise (“WFOE”) and variable interest entities (“VIEs”) over which the Company exercises control and, when applicable, entities for which the Company has a controlling financial interest or is the primary beneficiary. All transactions and balances among the Company and its subsidiaries have been eliminated upon consolidation. Variable Interest Entity Agreements On May 14, 2020, Weibao Enterprise Management Consulting (Shijiazhuang) Co., Ltd. (“Weibao Enterprise”), Guian New Area Zhongyuan Technology Co., Ltd. (“Zhongyuan Technology”), and Messrs. Yilin Wang, Weidong Feng, and Xianlong Wu, citizens of China and shareholders of Zhongyuan Technology, entered into the following agreements, or collectively, the “Variable Interest Entity Agreements” or “VIE Agreements,” pursuant to which Weibao Enterprise has contractual rights to control and operate the business of Zhongyuan Technology (the “VIE”). Therefore, pursuant to ASC 810, Zhongyuan Technology has been included in the Company’s consolidated financial statements since then. The VIE Agreements are as follows: 1) Technical Consulting and Service Agreement by and between Weibao Enterprise and Zhongyuan Technology. Pursuant to the Exclusive Technical Consulting and Service Agreement, Weibao Enterprise agreed to act as the exclusive consultant of Zhongyuan Technology and provide technical consulting and services to Zhongyuan Technology. In exchange, Zhongyuan Technology agreed to pay Weibao Enterprise a technical consulting and service fee, the amount of which is to be equivalent to the amount of net profit before tax of Zhongyuan Technology, payable on a quarterly basis after making up losses of previous years (if necessary) and deducting necessary costs, expenses and taxes related to the business operations of Zhongyuan Technology. Without the prior written consent of Weibao Enterprise, Zhongyuan Technology may not accept the same or similar technical consulting and services provided by any third party during the term of the agreement. All the benefits and interests generated from the agreement, including but not limited to intellectual property rights, know-how and trade secrets, will be Weibao Enterprise’s sole and exclusive property. This agreement has a term of 20 years and may be extended unilaterally by Weibao Enterprise with Weibao Enterprise’s written confirmation prior to the expiration date. Zhongyuan Technology cannot terminate the agreement early unless Weibao Enterprise commits fraud, gross negligence or illegal acts, or becomes bankrupt or winds up. 2) Equity Interest Purchase Option Agreement by and among Weibao Enterprise, Zhongyuan Technology, and Messrs. Yilin Wang, Weidong Feng and Xianlong Wu. Pursuant to the Exclusive Purchase Option Agreement, Messrs. Yilin Wang, Weidong Feng and Xianlong Wu granted to Weibao Enterprise and any party designated by Weibao Enterprise the exclusive right to purchase, at any time during the term of this agreement, all or part of the equity interests in Zhongyuan Technology, or the “Equity Interests,” at a purchase price equal to the registered capital paid by Messrs. Yilin Wang, Weidong Feng and Xianlong Wu for the Equity Interests, or, in the event that applicable law requires an appraisal of the Equity Interests, the lowest price permitted under applicable law. Pursuant to powers of attorney executed by Messrs. Yilin Wang, Weidong Feng and Xianlong Wu, they irrevocably authorized any person appointed by Weibao Enterprise to exercise all shareholder rights, including but not limited to voting on their behalf on all matters requiring approval of Zhongyuan Technology’s shareholders, disposing of all or part of the shareholders’ equity interest in Zhongyuan Technology, and electing, appointing or removing directors and executive officers. The person designated by Weibao Enterprise is entitled to dispose of dividends and profits on the equity interest without reliance on any oral or written instructions of Messrs. Yilin Wang, Weidong Feng and Xianlong Wu. The powers of attorney will remain in force for so long as Messrs. Yilin Wang, Weidong Feng and Xianlong Wu remain the shareholders of Zhongyuan Technology. Messrs. Yilin Wang, Weidong Feng and Xianlong Wu have waived all the rights which have been authorized to Weibao Enterprise’s designated person under the powers of attorney. 3) Equity Pledge Agreement by and among Weibao Enterprise, Zhongyuan Technology, and Messrs. Yilin Wang, Weidong Feng and Xianlong Wu. Pursuant to the Equity Pledge Agreement, Mr. Messrs. Yilin Wang, Weidong Feng and Xianlong Wu pledged all of the Equity Interests to Weibao Enterprise to secure the full and complete performance of the obligations and liabilities on the part of Zhongyuan Technology and them under this and the above contractual arrangements. If Zhongyuan Technology, Messrs. Yilin Wang, Weidong Feng or Xianlong Wu breaches their contractual obligations under these agreements, then Weibao Enterprise, as pledgee, will have the right to dispose of the pledged equity interests. Messrs. Yilin Wang, Weidong Feng and Xianlong Wu agree that, during the term of the Equity Pledge Agreements, they will not dispose of the pledged equity interests or create or allow any encumbrance on the pledged equity interests, and they also agree that Weibao Enterprise’s rights relating to the equity pledge should not be interfered with or impaired by the legal actions of the shareholders of Zhongyuan Technology, their successors or designees. During the term of the equity pledge, Weibao Enterprise has the right to receive all of the dividends and profits distributed on the pledged equity. The Equity Pledge Agreement will terminate as soon as reasonably practical when Zhongyuan Technology, Messrs. Yilin Wang, Weidong Feng and Xianlong Wu have completed all their obligations under the contractual agreements described above. 4) Voting Rights Proxy and Financial Support Agreement by and among Weibao Enterprise, Zhongyuan Technology, and Messrs. Yilin Wang, Weidong Feng and Xianlong Wu. Pursuant to the Voting Rights Proxy and Financial Support Agreement, Messrs. Yilin Wang, Weidong Feng and Xianlong Wu entrusts Weibao Enterprise or Weibao Enterprise’s designee to vote on their behalf at the shareholder meetings of Zhongyuan Technology. As consideration for the entrustment of the voting rights of Messrs. Yilin Wang, Weidong Feng and Xianlong Wu at Zhongyuan Technology’s shareholder meetings to Weibao Enterprise, Weibao Enterprise agreed to arrange for funds to be provided as necessary in connection with the business operations of Zhongyuan Technology. Weibao Enterprise further agreed that if the business were to fail in the ordinary course of business, none of Messrs. Yilin Wang, Weidong Feng and Xianlong Wu shall have any obligation to repay the financial support provided by Weibao Enterprise. Reverse Acquisitions of China Rapid Finance by SOS On May 18, 2020, the Company completed the reverse acquisition with Yong Bao Two Ltd. (“YBT”), the parent company of SOS Information Technology Co., Ltd. (“SOS”), acquiring 37,985,203 Class A ordinary shares, and 3,465,574 Class B ordinary shares, par value $0.193 per ordinary share, for its SOS’s asset injection and private placement transactions. Following the completion of the acquisition, the operations of the Company were primarily comprised of the operations of SOS. SOS was determined to be the accounting acquirer of the Company. As such, the historical financial statements are those of SOS, and SOS’s equity has been re-cast to reflect the equity structure of the Company and the shares of common stock received. The reverse acquisition was accounted for as asset acquisitions. The purchase price for China Rapid Finance (“CRF”) was $9.7 million. The transaction price of CRF includes 100% of all outstanding stock valued at net $9.7 million. The stock exchanged equal to the 72,636,230 shares of CRF outstanding prior to the issuance of additional shares in the acquisition, at the market price of $0.133 per share. The total purchase price has been allocated based on an estimate of the fair value of CRF’s assets acquired and liabilities assumed with the remainder recorded as an expense. On May 18, 2020, the fair value of the following assets and liabilities were acquired resulting in the total loss of approximately $5.7 million: Dollars in thousands Total Purchase Price $ 9,660 Net Assets Acquired: Assets Cash and cash equivalents 13,664 Restricted cash 26,524 Accounts receivable 7,426 Inventories 8 Prepaid expenses and other current assets 110 Intangible assets 2,969 Other assets 2,682 Total Assets 53,419 Liabilities Accounts payable and accrued liabilities (49,437 ) Total Liabilities (49,437 ) Net Assets Acquired 3,982 Loss on Acquisition $ 5,679 On August 3, 2020, SOS Limited (the “Company,” previously known as China Rapid Finance Limited) and Hantu (Hangzhou) Asset Management Co., Ltd. (the “Purchaser”) entered into certain share purchase agreement (the “Disposition SPA”). Pursuant to the Disposition SPA, the Purchaser agreed to purchase CRF China Holding Co. Limited, a Hong Kong limited company (“CRF China”), China Capital Financial LLC, a Delaware limited liability company (“China Capital”), CRF China Limited, a British Virgin Islands company (“CRF BVI”), CRF Technology LLC, a California limited liability company (“CRF Technology”), and HML China LLC, a Delaware limited liability company (“HML”) (collectively, the “Subsidiaries”) in exchange for cash consideration of $3.5 million (the “Purchase Price”). Upon the closing of the transaction (the “Disposition”) contemplated by the Disposition SPA, the Purchaser will become the sole shareholder of the Subsidiaries and as a result, assume all assets and liabilities of all the subsidiaries and variable interest entities owned or controlled by the Subsidiaries. On August 3, 2020, the fair value of the following assets and liabilities were disposed of resulting in the total gain of approximately $0.063 million: Dollars in thousands Total Selling Price $ 3,500 Net Assets Disposed: Total Assets 53,654 Total Liabilities (50,217 ) Net Assets Disposed 3,437 Income from disposal of discontinued operations $ 63 Loss on discontinued operations for the year ended December 31, 2020 was as follows: Dollars in thousands Revenue $ 453 Expenses (998 ) Loss on discontinued operations $ (545 ) On November 2, 2022, the fair value of the following assets and liabilities were disposed of resulting in the total loss of approximately $0.8 million: Dollars in thousands Total Selling Price $ 1,700 Net Assets Disposed: Total Assets 110,201 Total Liabilities (95,446 ) Net Assets Disposed 16,189 Income from disposal of discontinued operations $ 811 Loss on discontinued operations for the year ended December 31, 2022 was as follows: Dollars in thousands Revenue $ 81,977 Expenses (83,049 ) Loss on discontinued operations $ (1,072 ) Disposal loss from selling off insurance marketing business segment Pursuant to the Share Purchase Agreement (this “Agreement”) is made and entered into as of November 2, 2022 by and among (i) S International Holdings Limited, a Cayman Islands exempt company (the “Purchaser”), (ii) S International Group Limited, a British Virgin Islands company (the “Company”), and (iii) SOS Limited, a Cayman Islands exempt company (“SOS” or the “Seller”of disposed asset group in insurance marketing). The Purchaser, the Company and the Seller are sometimes referred to herein individually as a “Party” and, collectively, as the “Parties”. As at the date hereof, (i) SOS owns 100% of the issued shares in the Company, the Company owns 100% of the issued shares in S International Holdings Limited (“S International HK”), S International HK owns 100% of the issued shares in Qingdao S Investment Holding Limited (“WFOE”), and WFOE controls Qingdao SOS Industrial Holding Co., Ltd. through a series of contractual agreements with the Company and the shareholders of the Company dated November 2, 2022 (the “VIE Agreements”); and (ii) Qingdao SOS Industrial Holding Co., Ltd owns 100% of the equity interests in each of SOS Information Technology Co., Ltd. and Qingdao SOS Digital Technologies Inc.; The Seller desires to sell to the Purchaser, and the Purchaser desire to purchase from the Seller, all of the Purchased Shares (as hereinafter defined) in exchange for US$ 17.0 million (the “Purchase Price”), subject to the terms and conditions set forth herein (the “Transaction”). Dollars in thousands Total Purchase Price 17,000 Net Assets Acquired: Assets Cash and cash equivalents 4,942 Accounts receivable 2,509 Inventories 16,424 Prepaid expenses and other current assets 82,660 Fixed assets 3,059 Long term investment 607 Total assets 110,201 Liabilities Accounts payable and accrued liabilities (94,644 ) Tax recovery 972 Leasing liabilities (1,774 ) Total Liabilities (95,446 ) Accumulated Other Comprehensive Income 1,434 Net Assets Sold: 16,189 Gain on disposal 811 Use of estimates and assumptions The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant accounting estimates reflected in the Company’s consolidated financial statements include the useful lives of plant and equipment and intangible assets, capitalized development costs, impairment of long-lived assets, allowance for doubtful accounts, revenue recognition, allowance for deferred tax assets and uncertain tax position, and inventory allowance. Actual results could differ from these estimates. Foreign currency translation and transaction The reporting currency of the Company is the U.S. dollar. The Company in China conducts its businesses in the local currency, Renminbi (RMB), as its functional currency. Assets and liabilities are translated at the unified exchange rate as quoted by the People’s Bank of China at the end of the period. The statement of income accounts is translated at the average translation rates and the equity accounts are translated at historical rates. Translation adjustments resulting from this process are included in accumulated other comprehensive income. Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Translation adjustments included in accumulated other comprehensive income (loss) amounted to $23,618,746, $4,130,440, as of December 31, 2022, 2021, respectively. The balance sheet amounts, with the exception of shareholders’ equity at December 31, 2022, 2021 were translated at 6.8972, 6.3757 RMB, respectively. The shareholders’ equity accounts were stated at their historical rate. The average translation rates applied to statement of income accounts for the years ended December 31, 2022, 2021 and 2020 were6.7290 RMB, 6.4512 RMB and 6.6174 RMB to $1.00, respectively. Cash flows are also translated at average translation rates for the periods, therefore, amounts reported on the statement of cash flows will not necessarily agree with changes in the corresponding balances on the consolidated balance sheet. Cash and cash equivalents Cash and cash equivalents consist of cash on hand; demand deposits and time deposits placed with banks or other financial institutions and have original maturities of less than three months. Accounts receivable, net Accounts receivable include trade accounts due from customers. Accounts are considered overdue after 30 days. In establishing the required allowance for doubtful accounts, management considers historical collection experience, aging of the receivables, the economic environment, industry trend analysis, and the credit history and financial conditions of the customers. Management reviews its receivables on a regular basis to determine if the bad debt allowance is adequate, and adjusts the allowance when necessary. Delinquent account balances are written-off against allowance for doubtful accounts after management has determined that the likelihood of collection is not probable. Other receivables, net Other receivables primarily include deposits for business acquisitions, setup of research center, advances to employees, and others. Management regularly reviews the aging of receivables and changes in payment trends and records allowances when management believes collection of amounts due are at risk. Accounts considered uncollectable are written off against allowances after exhaustive efforts at collection are made. Inventories The availability and prices of inventories are subject to wide fluctuations due to factors such as changes in weather conditions, government programs and policies, competition, changes in customer preferences. Currently, the Company entered into non-derivative contracts. The inventories are valued at the lower of cost or market. The Company determines cost based on the first-in, first-out method. Periodic reviews of inventories for obsolescence mean any inventories identified as obsolete are reserved or written off. In case of inventory damage, the amount of disposal income after deducting the book value and relevant taxes shall be included in the operating expenses. In the balance sheet, the inventory items are reflected by the net amount after deducting the inventory price reduction provision. If any of the following circumstances are found, the Company shall make inventory impairment: ● The market price continues to fall, and there is no prospect of recovery in the foreseeable future; ● Inventory are obsolete, the consumers’ preferences change, or the market demand changes, resulting in the decline of the market price; ● Other circumstances sufficient to prove that the inventory has been substantially impaired. Inventory price reduction provisions are measured by the cost and net realizable value of a single inventory item; the inventory price reduction provision can be written off by the inventory category for inventory with large quantities and low unit prices. The Company’s inventory is mainly composed of sesame, servers, gold powder, sulfur, diluted asphalt, and mining machines. Due to the rapid turnover rate, no impairment is required. Property, plant and equipment, net Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are as follows: Category Depreciation method Estimated useful lives Office equipment, fixtures and furniture Straight-line 5 years The cost and accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the consolidated statements of income and comprehensive income. Expenditures for maintenance and repairs are charged to earnings as incurred, while additions, renewals and betterments, which are expected to extend the useful life of assets, are capitalized. The Company also re-evaluates the periods of depreciation to determine whether subsequent events and circumstances warrant revised estimates of useful lives. Intangible assets Intangible assets (including BTC, ETH and USDT) are included in current assets in the accompanying consolidated balance sheets. Intangible assets purchased are recorded at cost and digital assets awarded to the Company through its mining activities are accounted for in connection with the Company’s revenue recognition policy disclosed below. Intangible assets held are accounted for as intangible assets with indefinite useful lives. An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Impairment exists when the carrying amount exceeds its fair value, which is measured using the quoted price of the digital assets at the time its fair value is being measured. In testing for impairment, the Company has the option to first perform a qualitative assessment to determine whether it is more likely than not that an impairment exists. If it is determined that it is not more likely than not that an impairment exists, a quantitative impairment test is not necessary. If the Company concludes otherwise, it is required to perform a quantitative impairment test. To the extent an impairment loss is recognized, the loss establishes the new cost basis of the asset. Subsequent reversal of impairment losses is not permitted. Purchases of intangible assets by the Company, if any, will be included within investing activities in the accompanying consolidated statements of cash flows, while digital assets awarded to the Company through its mining activities are included within operating activities on the accompanying consolidated statements of cash flows. The sales of digital assets are included within investing activities in the accompanying consolidated statements of cash flows and any realized gains or losses from such sales are included in “realized gain/(loss) on exchange of intangible assets” in the consolidated statements of operations and comprehensive income/(loss). The Company accounts for its gains or losses in accordance with the first-in first-out method of accounting. Digital asset mining The Company has entered into digital asset mining pools by executing contracts with the mining pool operators to provide computing power to the mining pool. The contracts are terminable at any time by either party and the Company’s enforceable right to compensation only begins when the Company provides computing power to the mining pool operator. In exchange for providing computing power, the Company is entitled to a fractional share of the fixed digital assets award the mining pool operator receives, for successfully adding a block to the blockchain. The Company’s fractional share is based on the proportion of computing power the Company contributed to the mining pool operator to the total computing power contributed by all mining pool participants in solving the current algorithm. Providing computing power in digital asset transaction verification services is an output of the Company’s ordinary activities. The provision of such computing power is the only performance obligation in the Company’s contracts with mining pool operators. The transaction consideration the Company receives, if any, is noncash consideration, which the Company measures at fair value on the date received, which is not materially different than the fair value at contract inception or the time the Company has earned the award from the pools. The consideration is all variable. Because it is not probable that a significant reversal of cumulative revenue will not occur, the consideration is constrained until the mining pool operator successfully places a block (by being the first to solve an algorithm) and the Company receives confirmation of the consideration it will receive, at which time revenue is recognized. There is no significant financing component in these transactions. Fair value of the digital assets award received is determined using the quoted price of the related digital assets at the time of receipt. There is currently no specific definitive guidance under US GAAP or alternative accounting framework for the accounting for digital assets recognized as revenue or held, and management has exercised significant judgment in determining the appropriate accounting treatment. In the event authoritative guidance is enacted by the FASB, the Company may be required to change its policies, which could have an effect on the Company’s consolidated financial position and results from operations. Goodwill Goodwill of $71,977 was recognized as of December 31, 2020 in connection with the transaction of SOS IT acquiring Inner Monogolia SOS Agency Co. Ltd. In future years, the Company will complete an annual impairment test for goodwill that includes an assessment of qualitative factors including, but not limited to, macroeconomic conditions, industry and market conditions, and entity specific factors such as strategies and financial performance. The Company will perform annual impairment tests as of December 31, 2021 or earlier if indicators of impairment exist. There were no indicators of goodwill impairment as of December 31, 2022. Impairment for long-lived assets Long-lived assets, including property and equipment and intangible assets with finite lives are reviewed for impairment whenever events or changes in circumstances (such as a significant adverse change to market conditions that will impact the future use of the assets) indicate that the carrying value of an asset may not be recoverable. The Company assesses the recoverability of the assets based on the undiscounted future cash flows the assets are expected to generate and recognize an impairment loss when estimated undiscounted future cash flows expected to result from the use of the asset plus net proceeds expected from disposition of the asset, if any, are less than the carrying value of the asset. If an impairment is identified, the Company would reduce the carrying amount of the asset to its estimated fair value based on a discounted cash flows approach or, when available and appropriate, to comparable market values. As of December 31, 2022, 2021 and 2020, no impairment of long-lived assets was recognized. Fair value measurement The accounting standard regarding fair value of financial instruments and related fair value measurements defines financial instruments and requires disclosure of the fair value of financial instruments held by the Company. The accounting standards define fair value, establish a three-level valuation hierarchy for disclosures of fair value measurement and enhance disclosure requirements for fair value measures. The three levels are defined as follow: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. Non-recurring measurement of fair value The Company accounts for its digital currencies as indefinite-lived intangible assets in accordance with Accounting Standards Codification (“ASC”) 350, Intangibles – Goodwill and Other. The Company’s digital currencies are initially recorded at fair value upon receipt (or “carrying value”). On a quarterly basis, they are measured at carrying value, net of any impairment losses incurred since receipt. Pursuant to guidance from ASC 820, Fair Value Measurement, the Company is required to determine the non-recurring fair value measurement used to determine impairment of the digital currencies held on the balance sheet. The Company will record impairment losses as the fair value falls below the carrying value of the digital currencies. The digital currencies can only be marked down when impaired and not marked up when their value increases. The resulting carrying value represents the fair value of the asset. The last impairment date for the digital currencies was December 31, 2022. The Company had an outstanding carrying balance of digital assets of approximately $6,406,078, net of impairment losses incurred of 8,424,858 for the year ended December 31, 2022. As of December 31, 2022, 174.28 units of bitcoin held as digital currencies is about $2,881,077 fair value and 2,949.79 units of ethereum held as digital currencies is approximately $3,525,001 fair vale Revenue recognition The Company adopted Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers (ASC 606). The ASU requires the use of a new five-step model to recognize revenue from customer contracts. The five-step model requires that the Company (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the Company satisfies the performance obligation. The Company recognizes services revenue for all kind of services provided according to monthly statements with customers, depending on the terms, provided that: there will be acknowledgment by customer as services provided; persuasive evidence of an agreement exists documenting the specific terms of the transaction; the sales price is fixed or determinable; and collectability is reasonably assured. Management assesses the business environment, the customer’s financial condition, historical collection experience, accounts receivable aging, and customer disputes to determine whether collectability is reasonably assured. The Company also generates revenue from commodity trading. The revenue is measured based on the consideration specified in the contract with the customers, and excludes any sales incentives. The Company follows a policy of recognizing revenue at a single point in time when it satisfies its performance obligation by transferring control over a product or service to a customer, i.e. the company recognizes revenue when goods has been delivered and title to the goods and risk associated with the good have been completed transferred to the customer. The products sold in the PRC are subject to a Chinese value-added tax (“VAT”). VAT taxes are presented as a reduction of revenue. Operating lease We adopted ASU No. 2016-02, Leases (Topic 842), or ASC 842, from January 1, 2020. We determine if an arrangement is a lease or contains a lease at lease inception. For operating leases, we recognize a right-of-use (“ROU”) asset and a lease liability based on the present value of the lease payments over the lease term on the consolidated balance sheets at commencement date. As most of our leases do not provide an implicit rate, we estimate our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments, and in economic environments where the leased asset is located. The ROU assets also include any lease payments made, net of lease incentives. Lease expense is recorded on a straight-line basis over the lease term. Our leases often include options to extend and lease terms include such extended terms when we are reasonably certain to exercise those options. Lease terms also include periods covered by options to terminate the leases when we are reasonably certain not to exercise those options. Value added taxes Revenue represents the invoiced value of service, net of VAT. The VAT is based on gross sales price and VAT rates range up to 6%, depending on the type of service provided. Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded in tax payable. All of the VAT returns filed by the Company’s subsidiaries in China have been and remain subject to examination by the tax authorities for five years from the date of filing. Income taxes The Company accounts for current income taxes in accordance with the laws of the relevant tax authorities. The charge for taxation is based on the results for the fiscal year as adjusted for items, whi

Accounts Receivable, Net

Accounts Receivable, Net	12 Months Ended
	Dec. 31, 2022
Accounts Receivable, Net [Abstract]
ACCOUNTS RECEIVABLE, NET	3. ACCOUNTS RECEIVABLE, NET Accounts receivable, net consist of the following: December 31, December 31, Accounts receivable $ 2,491 $ 20,439 Allowance for doubtful accounts (59 ) (596 ) Total accounts receivable, net $ 2,432 $ 19,843 Movements of allowance for doubtful accounts are as follows: Beginning balance $ 970 $ 7 Addition (911 ) 963 Ending balance $ 59 $ 970

Other Receivables, Net

Other Receivables, Net	12 Months Ended
	Dec. 31, 2022
Other Receivables, Net [Abstract]
OTHER RECEIVABLES, NET	4. OTHER RECEIVABLES, NET Other receivables consist of the following: December 31, December 31, Deposit to non-trade suppliers $ 22,370 $ 20,796 Prepayment 203,465 145,144 Other receivables from disposal of subsidiaries - - Advance to employees 11 92 Allowance for doubtful accounts (170,842 ) (269 ) Total other receivables, net $ 55,004 $ 165,763 Movements of allowance for doubtful accounts are as follows: Beginning balance $ 654 $ 385 Addition 170,842 269 Reverse (654 ) (385 ) Ending balance $ 170,842 $ 269

Inventories

Inventories	12 Months Ended
	Dec. 31, 2022
Inventories [Abstract]
INVENTORIES	5. INVENTORIES Inventories consist of the following: Year ended Year ended December 31, December 31, 2022 2021 Finished goods $ 46,273 $ 60,587

Operating Lease Liabilities

Operating Lease Liabilities	12 Months Ended
	Dec. 31, 2022
Operating Lease Liabilities [Abstract]
OPERATING LEASE LIABILITIES	6. OPERATING LEASE LIABILITIES The Company adopted ASU No. 2016-02 and related standards (collectively ASC 842, Leases), which replaced previous lease accounting guidance, on January 1, 2019 using the modified retrospective method of adoption. The Company elected the transition method expedient which allows entities to initially apply the requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. As a result of electing this transition method, prior periods have not been restated. Operating lease expense for the years ended December 31, 2022, 2021 and 2020 was $1,221,081, $996,614, and $338,381, respectively. Supplemental balance sheet information related to leases is as follows: Location on Face of December 31, December 31, Operating leases: Operating lease right of use assets Operating lease, right-of-use assets $ 921 $ - Current operating lease liabilities Operating lease liabilities - current $ 544 $ - Non-current operating lease liabilities Operating lease liabilities 377 - Total operating lease liabilities $ 921 $ - Weighted average remaining lease term (in years): Operating leases - 4.0 Weighted discount rate: Operating leases - 4.75 % Maturities of lease liabilities were as follows: 2022 2021 2022 $ 576 $ - 2023 384 - 2024 - - 2025 - - Total 960 - Less: Amount representing interest 39 - Present value of future minimum lease payments 921 - Less: Current obligations 544 - Long-term obligations $ 377 $ -

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment, Net [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	7. PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment consist of the following: December 31, December 31, Office equipment, fixtures and furniture $ 47,793 $ 31,398 Less: Accumulated depreciation (12,992 ) (5,181 ) Less: Impairment (22,248 ) - Total $ 12,553 $ 26,217 The depreciation expenses for the years ended December 31, 2022, 2021 and 2020 was $8.0 million, $4.0 million and nil

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2022
Intangible Assets [Abstract]
INTANGIBLE ASSETS	8. INTANGIBLE ASSETS The following table presents the activities of balance as of December 31, 2022: Balance as of December 31, 2021 $ 14,502 Additions of intangible assets 329 Less: Impairment losses (8,425 ) Balance as of December 31, 2022 $ 6,406

Other Payables

Other Payables	12 Months Ended
	Dec. 31, 2022
Other Payables [Abstract]
OTHER PAYABLES	9. OTHER PAYABLES Other payables consist of the following: December 31, December 31, Payables to non-trade vendors and service providers $ 5,531 $ 1,674 Accrued salary 2 3 Others 5,548 3,644 $ 11,081 $ 5,321

Related Party Balances and Tran

Related Party Balances and Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Balances and Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	10. RELATED PARTY BALANCES AND TRANSACTIONS Amount due from related parties Name of Related Party Relationship Nature Repayment terms December 31, 2022 December 31, 2021 Yongbao Insurance Agency Co., Ltd. and subsidiaries Common shareholder Inter-transaction Repayment in demand $ 5,800 $ - Wang Yaxian Shareholder of the Company Other receivables Repayment in demand 3,550 - Feng Weidong CTO of the Company Other receivables Repayment in demand 3,550 - Yongbao Information Technology Co., Ltd. Related Company Inter-transaction Repayment in demand - 4,705 Wu Xianlong Director of a subsidiary Account receivables & Other receivables Repayment in demand 1,900 1,901 Kong Deyu Senior management of the Company Other receivables Repayment in demand - - Li Sing Leung CFO of the Company Other receivables Repayment in demand - 8 Wang Yilin Director of China SOS Other receivables Repayment in demand - - Qingdao SOS Industry Holding Co,, Ltd Related Partyq Other receivables Repayment in demand 54,238 25,700 $ 69,038 $ 32,306 Amount due to related parties Name of Related Party Relationship Nature Repayment terms December 31, 2022 December 31, 2021 Yongbao Insurance Agency Co., Ltd. Common shareholder Inter-transaction Repayment in demand $ - $ - Wang Yilin Director of China SOS Account payables Repayment in demand 3 13 Wu Wenbin Non-executive director Account payables Repayment in demand 25 15 Li Sing Leung CFO of the Company Other payables Repayment in demand 8 8 Wang Yaxian Shareholder of the Company Other payables Repayment in demand - - Bian Jingxue Senior management of the Company Other payables Repayment in demand - - Qingdao SOS Industry Holding Co,, Ltd. Related Party Other payables Repayment in demand 607 - $ 643 $ 36

Taxes

Taxes	12 Months Ended
	Dec. 31, 2022
Taxes [Abstract]
TAXES	11. TAXES Income tax Cayman Islands Under the current laws of the Cayman Islands, the Company is not subject to tax on income or capital gain. Additionally, upon payments of dividends to the shareholders, no Cayman Islands withholding tax will be imposed. British Virgin Islands YBT is incorporated in the British Virgin Islands and is not subject to tax on income or capital gains under current British Virgin Islands law. In addition, upon payments of dividends by these entities to their shareholders, no British Virgin Islands withholding tax will be imposed. Hong Kong China SOS is incorporated in Hong Kong and is subject to Hong Kong Profits Tax on the taxable income as reported in its statutory financial statements adjusted in accordance with relevant Hong Kong tax laws. The applicable tax rate is 16.5% in Hong Kong. The Company did not make any provisions for Hong Kong profit tax as there were no assessable profits derived from or earned in Hong Kong since inception. Under Hong Kong tax law, China SOS is exempted from income tax on its foreign-derived income and there are no withholding taxes in Hong Kong on remittance of dividends. PRC The subsidiaries including WOFE, Qingdao SOS, VIE, SOS IT, SOS Mongolia and SOS Trading are governed by the income tax laws of the PRC and the income tax provision in respect to operations in the PRC is calculated at the applicable tax rates on the taxable income for the periods based on existing legislation, interpretations and practices in respect thereof. Under the Enterprise Income Tax Laws of the PRC (the “EIT Laws”), domestic enterprises and Foreign Investment Enterprises (the “FIE”) are usually subject to a unified 25% enterprise income tax rate while preferential tax rates, tax holidays and even tax exemption may be granted on case- by-case basis. SOS IT obtained the “high-tech enterprise” tax status since 2020, which reduced its statutory income tax rate to 15% in 2020. Significant components of the provision for income taxes are as follows: December 31, December 31, December 31, Current $ 536 $ 3 $ - Income tax expenses $ 536 $ 3 $ - The following table reconciles China statutory rates to the Company’s effective tax rate: Year ended Year ended 2022 2021 China statutory income tax rate 25 % 25 % Preferential tax rate reduction (26 )% (26 )% Permanent difference 1 % 1 % Effective tax rate - % - % Uncertain tax positions The Company evaluates each uncertain tax position (including the potential application of interest and penalties) based on the technical merits and measures the unrecognized benefits associated with the tax positions. As of December 31, 2022 and 2021, the Company did not have any significant unrecognized uncertain tax positions. The Company did not incur any interest and penalties tax for the years ended December 31, 2022 and 2021. The Company does not anticipate any significant increases or decreases in unrecognized tax benefits in the next twelve months from December 31, 2022. Value added tax All of the Company’s service revenues that are earned and received in the PRC are subject to a Chinese VAT. The rate of Chinese VAT is 6%. Taxes (recoverable) payable consisted of the following: December 31, December 31, VAT taxes (recoverable)/payable $ (2,436 ) $ (6,020 ) Corporate income tax (recoverable)/payable (98 ) (166 ) Other taxes payable 85 87 Total $ (2,449 ) $ (6,099 )

Concentration of Risk

Concentration of Risk	12 Months Ended
	Dec. 31, 2022
Concentration of Risk [Abstract]
CONCENTRATION OF RISK	12. CONCENTRATION OF RISK Credit risk The Company is exposed to risk from its accounts receivable and other receivables. These assets are subjected to credit evaluations. An allowance has been made for estimated unrecoverable amounts which have been determined by reference to past default experience and the current economic environment. A majority of the Company’s expense transactions are denominated in RMB and a significant portion of the Company and its subsidiaries’ assets and liabilities are denominated in RMB. RMB is not freely convertible into foreign currencies. In the PRC, certain foreign exchange transactions are required by law to be transacted only by authorized financial institutions at exchange rates set by the People’s Bank of China (“PBOC”). Remittances in currencies other than RMB by the Company in China must be processed through the PBOC or other China foreign exchange regulatory bodies which require certain supporting documentation in order to affect the remittance. Our functional currency is the RMB, and our financial statements are presented in U.S. dollars. It is difficult to predict how market forces or PRC or U.S. government policy may impact the exchange rate between the RMB and the U.S. dollar in the future. The change in the value of the RMB relative to the U.S. dollar may affect our financial results reported in the U.S. dollar terms without giving effect to any underlying changes in our business or results of operations. Currently, our assets, liabilities, revenues and costs are denominated in RMB. To the extent that the Company needs to convert U.S. dollars into RMB for capital expenditures and working capital and other business purposes, appreciation of RMB against U.S. dollar would have an adverse effect on the RMB amount the Company would receive from the conversion. Conversely, if the Company decides to convert RMB into U.S. dollar for the purpose of making payments for dividends, strategic acquisition or investments or other business purposes, appreciation of U.S. dollar against RMB would have a negative effect on the U.S. dollar amount available to the Company.

Shareholders_ Equity

Shareholders’ Equity	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
SHAREHOLDERS’ EQUITY	13. SHAREHOLDERS’ EQUITY Ordinary shares SOS Limited was established under the laws of Cayman Islands on August 18, 2015. The authorized number of ordinary shares is 6,000,000,000, comprising of 3,682,373,853 Class A ordinary shares with a par value of $0.0001 per Class A ordinary share, and 198,162,525 Class B ordinary shares with a par value of $0.0001 per Class B ordinary share. Common stock Securities Purchase Agreement Registered Direct Offering in December 2020 On December 22, 2020, the Company entered into certain securities purchase agreement (the “December SPA”) with the Purchasers pursuant to which the Company agreed to sell 2,600,000 of its ADSs and warrants (“December Warrants”) to purchase 2,600,000 ADSs (the “December Offering”), for gross proceeds of approximately $4 million. The December Warrants will be exercisable immediately following the date of issuance for a period of five years at an initial exercise price of $1.55. The purchase price for each ADS and the corresponding December Warrant is $1.55. Each December Warrant is subject to anti-dilution provisions to reflect stock dividends and splits, subsequent rights offerings or other similar transactions, but not as a result of future securities offerings at lower prices. The December Warrants contain a mandatory exercise right for the Company to force exercise of the December Warrants if the Company’s ADSs trade at or above $4.65 for ten (10) consecutive trading days and when certain other conditions are met. Upon the occurrence of a Fundamental Transaction (as defined in the December Warrants), the December Warrants are subject to mandatory redemption for cash consideration equal to the Black Scholes Value (as defined in the December Warrants) of such portion of such December Warrant to be redeemed. The December Offering closed on December 24, 2020. Registered Direct Offering in January 2021 On January 7, 2021, the Company entered into certain securities purchase agreement (the “January SPA”) with the Purchasers pursuant to which the Company agreed to sell 13,525,000 of its ADSs and warrants (“January Warrants”) to purchase 13,525,000 ADSs (the “January Offering”), for gross proceeds of approximately $25 million. The January Warrants will be exercisable immediately following the date of issuance for a period of five years at an initial exercise price of $1.85. The purchase price for each ADS and the corresponding January Warrant is $1.85. Each January Warrant is subject to anti-dilution provisions to reflect stock dividends and splits, subsequent rights offerings or other similar transactions, but not as a result of future securities offerings at lower prices. The January Warrants contain a mandatory exercise right for the Company to force exercise of the January Warrants if the Company’s ADSs trade at or above $5.55 for ten (10) consecutive trading days and when certain other conditions are met. Upon the occurrence of a Fundamental Transaction (as defined in the January Warrants), the January Warrants are subject to mandatory redemption for cash consideration equal to the Black Scholes Value (as defined in the January Warrants) of such portion of such January Warrant to be redeemed. The January Offering closed on January 12, 2021. January 2021 Warrant Solicitation On January 15, 2021, the Company entered into a letter agreement (the “January Letter Agreement”) with certain holders of Company’s warrants, pursuant to which the holders of Company’s warrants exercised all of the unexercised December Warrants and January Warrants (collectively, the “Existing Warrants”) to purchase up 14,925,000 of the Company’s ADSs. Pursuant to the January Letter Agreement, each holder received new warrants (the “January Inducement Warrants”) to purchase up to 23,880,000 ADSs in exchange for their exercise of all of the unexercised Existing Warrants with cash. The gross proceeds to the Company from the exercise of the unexercised Existing Warrants were approximately $27.1 million, prior to deducting placement agent fees and estimated offering expenses. The January Inducement Warrants have substantially the same terms as the Existing Warrants, except for having (i) provisions customary for an unregistered warrant, including a restrictive legend, (ii) registration rights whereby the Company agreed to register the ADSs underlying the January Inducement Warrants within fifteen (15) days of closing, (iii) being exercisable immediately upon issuance, (iv) having a term of five (5) years from the date of issuance, and (v) having an exercise price of $2.00 per ADS. February 2021 Warrant Solicitations On February 9, 2021, the Company entered into a letter agreement (the “February Letter Agreement”) with certain holders of the Company’s warrants, pursuant to which the holders of the Company’s warrants exercised all of the January Inducement Warrants to purchase up to 23,880,000 of the Company’s ADSs. Pursuant to the February Letter Agreement, each holder received new warrants (the “February Inducement Warrants”) to purchase up to 23,880,000 ADSs in exchange for their exercise of all of the January Inducement Warrants with cash. The gross proceeds to the Company from the exercise of the January Inducement Warrants were approximately $48 million, prior to deducting placement agent fees and estimated offering expenses. The February Inducement Warrants have substantially the same terms as the January Inducement Warrants, except for having (i) registration rights whereby the Company agreed to register the ADSs underlying the February Inducement Warrants within twenty-one (21) days of closing, and (ii) an exercise price of $4.05 per ADS. On February 24, 2021, the Company entered into a letter agreement (the “Second February Letter Agreement”) with certain holders of the Company’s warrants, pursuant to which the holders of the Company’s warrants exercised all of the February Inducement Warrants to purchase up to 23,880,000 of the Company’s ADSs. Pursuant to the Second February Letter Agreement, each holder received new warrants (the “Second February Inducement Warrants”) to purchase up to 23,880,000 ADSs in exchange for their exercise of all of the February Inducement Warrants with cash. The gross proceeds to the Company from the exercise of the February Inducement Warrants were approximately $96.7 million, prior to deducting placement agent fees and estimated offering expenses. The Second February Inducement Warrants have substantially the same terms as the February Inducement Warrants, except for having (i) registration rights whereby the Company agrees to register the ADSs underlying the Second February Inducement Warrants within eight (8) days of closing, and (ii) an exercise price $7.00 per ADS. Registered Direct Offerings in February 2021 On February 11, 2021, the Company entered into certain securities purchase agreement (the “February SPA”) with the Purchasers pursuant to which the Company agreed to sell 22,000,000 of its ADSs and warrants (“February Warrants”) to purchase 16,500,000 ADSs (the “February Offering”), for gross proceeds of approximately $110 million. The February Warrants will be exercisable immediately following the date of issuance for a period of five years at an initial exercise price of $5.00. The purchase price for each ADS and the corresponding February Warrant is $5.00. Each February Warrant is subject to anti-dilution provisions to reflect stock dividends and splits, subsequent rights offerings or other similar transactions, but not as a result of future securities offerings at lower prices. The February Warrants contain a mandatory exercise right for the Company to force exercise of the February Warrants if the Company’s ADSs trade at or above $15.00 for ten (10) consecutive trading days and when certain other conditions are met. Upon the occurrence of a Fundamental Transaction (as defined in the February Warrants), the February Warrants are subject to mandatory redemption for cash consideration equal to the Black Scholes Value (as defined in the February Warrants) of such portion of such February Warrant to be redeemed. The February Offering closed on February 17, 2021. On February 18, 2021, the Company entered into certain securities purchase agreement (the “Second February SPA”) with the Purchasers pursuant to which the Company agreed to sell 8,600,000 of its ADSs and warrants (“Second February Warrants”) to purchase 4,300,000 ADSs (the “Second February Offering”), for gross proceeds of approximately $86 million. The Second February Warrants will be exercisable immediately following the date of issuance for a period of five years at an initial exercise price of $10.00. The purchase price for each ADS and the corresponding Second February Warrant is $10.00. Each Second February Warrant is subject to anti-dilution provisions to reflect stock dividends and splits, subsequent rights offerings or other similar transactions, but not as a result of future securities offerings at lower prices. The Second February Warrants contain a mandatory exercise right for the Company to force exercise of the Second February Warrants if the Company’s ADSs trade at or above $30.00 for ten (10) consecutive trading days and when certain other conditions are met. Upon the occurrence of a Fundamental Transaction (as defined in the Second February Warrants), the Second February Warrants are subject to mandatory redemption for cash consideration equal to the Black Scholes Value (as defined in the Second February Warrants) of such portion of such Second February Warrant to be redeemed. The Second February Offering closed on February 22, 2021. On March 29, 2021, we entered security purchase agreement with certain accredited investors to sell 25,000,000 American Depositary Shares, representing 250,000,000 Class A Ordinary Shares and Warrants to Purchase up to 25,000,000 American Depositary Shares Representing Warrants to Purchase up to 250,000,000 Class A Ordinary Share. On November 9, 2021, the Company entered into certain securities purchase agreement (the “November SPA”) with the purchasers party thereto pursuant to which the Company agreed to sell 51,500,000 of its ADSs, for gross proceeds of approximately $90.1 million. The Offering closed on November 15, 2021. For year ended December 31, 2022, the shareholders did not exercise any outstanding warrants. The Company’s outstanding warrants are classified as equity since they qualify for exemption from derivative accounting as they are considered to be indexed to the Company’s own stock and require net share settlement. The fair value of the warrants were recorded as additional paid-in capital from common stock. Following is a summary of the status of warrants outstanding and exercisable as of December 31, 2022: Warrants Weighted Average Exercise Price Warrants outstanding, as of December 31, 2020 $ 212,363,343 $ 0.266 Issued 184,915,000 0.266 Warrants outstanding, as of December 31, 2021 $ 397,278,343 $ 0.266 Issued $ - $ - Warrants outstanding, as of December 31, 2022 $ 397,278,343 $ 0.266 Warrants Outstanding Warrants Weighted Average July 1, 2020 Warrants 67,445,674 $ 0.29 5 years August 27, 2020 Warrants 53,580,020 $ 0.27 5 years November 3, 2020 Warrants 65,337,649 $ 0.281 5 years December 23, 2020 Warrants 26,000,000 $ 0.155 5 years January 7, 2021 Warrants 13,525,000 $ 1.85 5 years January 15, 2021 Warrants 23,880,000 $ 2.00 5 years February 9, 2021 Warrants 23,880,000 $ 4.05 5 years February 24, 2021 Warrants 23,880,000 $ 4.05 5 years February 11, 2021 Warrants 16,500,000 $ 7.00 5 years February 17, 2021 Warrants 2,450,000 $ 7.00 5 years February 18, 2021 Warrants 4,300,000 $ 10.00 5 years March 29, 2021 Warrants 25,000,000 $ 5.00 5 years November 9, 2021 Warrants 51,500,000 $ 1.75 5 years

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	14. COMMITMENTS AND CONTINGENCIES Purchase commitments The Company has entered into two agreements for leasehold improvements on the office premises. As of December 31, 2022, the Company did not enter any new lease contract with any parties, the new commitment is nil. Variable interest entity structure In the opinion of management, (i) the corporate structure of the Company is in compliance with existing PRC laws and regulations; (ii) the Contractual Arrangements are valid and binding, and do not result in any violation of PRC laws or regulations currently in effect; and (iii) the business operations of WFOE and the VIEs are in compliance with existing PRC laws and regulations in all material respects. However, there are substantial uncertainties regarding the interpretation and application of current and future PRC laws and regulations. Accordingly, the Company cannot be assured that PRC regulatory authorities will not ultimately take a contrary view to the foregoing opinion of its management. If the current corporate structure of the Company or the Contractual Arrangements is found to be in violation of any existing or future PRC laws and regulations, the Company may be required to restructure its corporate structure and operations in the PRC to comply with changing and new PRC laws and regulations. In the opinion of management, the likelihood of loss in respect of the Company’s current corporate structure or the Contractual Arrangements is remote based on current facts and circumstances. In addition, due to restrictions on the distribution of share capital from the Group’s PRC subsidiaries and also as a result of these entities’ unreserved accumulated losses, total restrictions placed on the distribution of the Group’s PRC subsidiaries’ net liabilities were $60.2 million, or 100% of total net assets as of December 31, 2020 and $ 638.6 million, or 100% of total net assets as of December 2021. Litigation Federal Class Action Securities Litigation (Beltran v. SOS Ltd., et al., No. 1:21-cv-07454 (D.N.J.)) On March 30, 2021, a purported shareholder Kimberly Beltran filed a securities class action complaint in the United States District Court District of New Jersey against the Company, Yandai Wang and Eric H. Yan, the Chief Executive Officer of the Company and President of the Company’s operating subsidiary, respectively. The action, Kimberly Beltran v. SOS Limited, et al., Case No. 1:21-cv-07454 (the “Action”), is filed on behalf of a putative class consisting of all persons and entities other than the Company that purchased or otherwise acquired SOS American depository shares (“ADSs”) between July 22, 2020 and February 25, 2021 (the “Plaintiffs”), both dates inclusive (the “Class Period”), seeking to recover damages allegedly caused by Company’s violations of the federal securities laws against the Company and certain of its top officials. The Complaint was filed in this Action on March 30, 2021 and the Action has not advanced beyond that stage. On November 2, 2021, the Court signed as an Order a stipulation entered into between the various Plaintiffs’ counsels appointing a co-lead Plaintiffs’ counsel. The Parties have agreed to, and the Court has approved of, a Scheduling Order which provides that Plaintiffs shall file an amended complaint on or before May 13, 2022 and the Company shall answer or otherwise respond to the Amended Complaint on or before July 1, 2022. In the interim, Plaintiffs and the Company were engaged in settlement discussions. On April 28, 2022, the Plaintiffs and the Company agreed to a settlement in principle that contemplates a $5 million settlement payment covering all administration costs and Plaintiffs’ legal fees. The Company does not admit to any wrongdoing in this settlement and in accordance with the settlement there will be a full release of the Company and its officers and directors, for all claims arising during the Class Period that were or could have been asserted in the Action. The Plaintiffs and the Company plan to enter into a full settlement agreement within forty-five (45) days. The New Jerzey District Court approved the settlement outside the court system on May 20, 2022 and on August 2 2022, the Company paid $5 million to the plaintiff’ via an escrow account, releasing the Company to the same class action now and possible future allegation. There is an on-going case Number of 1:23cv02581 in District Court, Estern District Court of New York on April 5, 2023: TRUE NORTH FINANCIAL LLC, TNA CAPITAL INC., TNA CAPITAL LLC, AND MICHAEL JALIMAN, Plaintiffs VS SOS LIMITED AND YANDAI WANG, Defendants alleging breaching of fiduciary duites in disposing off legacy business of P2P from the year of 2020 onwards .It’s difficult to determine a contingent liability at this time, because the Company does not even have a formal Complaint yet to use to determine the amount of the requested damages, or to discuss the validity of any claims.

Revenue Analysis and Segment In

Revenue Analysis and Segment Information	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
REVENUE ANALYSIS AND SEGMENT INFORMATION	15. REVENUE ANALYSIS AND SEGMENT INFORMATION The Company follows ASC 280, Segment Reporting, which requires companies to disclose segment data based on how management makes decision about allocating resources to each segment and evaluating their performances. The Company has three reporting segments. The Company’s chief operating decision maker has been identified as the Chief Executive Officer, who reviews consolidated results when making decisions about allocating resources and assessing performance of the Company. The Company considers itself to be operating within one reportable segment. The Company’s revenue and net income are substantially derived from Commodity trading. Disaggregated information of revenues by business lines are as follows: FY 2022 FY 2021 FY 2020 Amount Percentage Amount Percentage Amount Percentage Commodity trading 255,668 98.4 % 275,363 94.6 % - - % Cryptocurrency mining 329 0.1 % 15,427 5.3 % - - % Other 4,113 1.5 % 159 0.1 % - - % Total 260,110 100.0 % 290,949 100.0 % - - % The Company’s operations are all based in the PRC, hence, management do not prepare disaggregated information of revenues by geographic locations. Segment Reporting SOS Ltd. (“SOS”) refers to the ultimate parent or the registrant, a Cayman Islands exempt company. China SOS Ltd (“China SOS”) is a Hong Kong corporation. WFOE refers to Qingdao SOS Investment Management Co., Ltd. (“WFOE”), a PRC corporation. VIE refers to Qingdao SOS Industrial Holding Co., Ltd. (“VIE”), a PRC corporation. Subsidiaries outside China include Yong Bao Two Ltd. (“YBT,” a British Virgin Islands company), FWD Ltd. (“FWD,” British Virgin Islands company), SOS Information Technology New York Inc.(“SOSNY,” a New York corporation), FD LLC (“FD,” a Nevada corporation), Future Technology Global Ltd. (“FTHK,” a Hong Kong corporation), Canada XX Exchange Ltd.(“CXXE,” a Canada corporation) and US XX Exchange Ltd. (“USXXE,” a Colorado corporation). Subsidiaries inside China refers to the VIE’s subsidiaries, including SOS Information Technology Co.,Ltd (“SOSIT”), Inner Mongolia SOS Insurance Agency Co., Ltd (“IMSOS”); and directly owned subsidiaries including SOS International Trading Co., Ltd (“SOSINT”), Qingdao SOS Investment LLP (“SOSIL”), Qingdao SOS Digital Technologies Ltd. (“SOSDT”), Common Prosperity Technology Co., Ltd. (“SOSCP”), SOS Ronghe Digital Technology Co., Ltd. (“SOSRD”), Weigou International Trading Co., Ltd (“SOSWI”), Shuyun International Trading Co., Ltd (“SOSSI”), SOS Auto Service Co., Ltd. (“SOSAS”), and Chexiaoer Technology Co., Ltd (“SOSCX”). For the Years Ended December 31, 2022 2021 2020 Reportable segment revenues $ 260,026 $ 290,790 $ - Revenue, net – Commodity trading 255,575 268,489 - Revenue, net – Others 5,971 23,018 - Eliminations (1,520 ) (717 ) Cost of revenues (270,597 ) (277,879 ) - Cost of revenues-Commodity trading (250,301 ) (264,764 ) - Cost of revenues-Others (20,296 ) (13,114 ) - Eliminations - (1 ) - Reconciling Items Selling, general and administrative (189,521 ) (19,064 ) (1,893 ) Depreciation and amortization (7,960 ) (4,007 ) - Impairment of intangible assets (8,425 ) (925 ) - Interest income 424 - - Other (expense)/income (15,131 ) (9,358 ) (5,616 ) Current income tax expense (536 ) (3 ) - Net (loss)/income (230,212 ) (52,425 ) (7,509 ) Note Revenue - net, others refers to revenue generated from cryptocurrency mining and other revenue The following financial information has been prepared to illustrate the consolidated financial position as at December 31, 2021 and 2022 and cash flows and profit or loss and other comprehensive income for the years ended December 31, 2021 and 2022 for (i) SOS Ltd; (ii) China SOS Ltd.; (iii)WFOE; (iv) VIE; (v) Subsidiaries outside China (vi)Subsidiaries inside China. The financial information of SOS Ltd. has been extracted from: SOS Ltd’s audited consolidated statements of financial position as of December 31, 2021 and 2022, and the related consolidated statements of profit or loss and other comprehensive income and cash flows for the years ended December 31, 2020, 2021 and 2022 and the related notes, included elsewhere in this annual report. 31-Dec-22 Subsidiaries Subsidiaries China Subsidiaries Subsidiaries SOS Ltd. China WFOE VIE Inter-company Outside Inside Conso SOS Ltd. SOS Ltd SOS Ltd WFOE VIE China China Adjustment(a) Adjustment(a) Adjustment Adjustment Elimination Adjustment(b) Adjustment Working Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ REVENUES -net - 212 - - 424 260,911 - - - - (1,521 ) - - 260,026 260,026 COST OF REVENUES - 3,273 - - 14,311 253,013 - - - - - - - 270,597 270,597 GROSS PROFIT - (3,061 ) - - (13,887 ) 7,898 - - - - (1,521 ) - - (10,571 ) (10,571 ) OPERATING EXPENSES: General and administrative 12,623 95,343 (59 ) 64,190 10,128 - - - - (1,521 ) - - 180,704 180,704 Share-based compensation 14,714 - - - - - - - - - - - - 14,714 14,714 Selling expense - - - - - 8,556 - - - - - - - 8,556 8,556 Profit ( Loss)on evaluation Total operating expenses 27,337 95,343 (59 ) - 64,190 18,684 - - - - (1,521 ) - - 203,974 203,974 INCOME FROM OPERATIONS OTHER INCOME(EXPENSE): 53 (16,111 ) (59 ) (1,630 ) 2,192 - - - - - - - (15,555 ) (15,555 ) Loss on acquisition Other income(expense),net 53 (16,111 ) (59 ) - (1,630 ) 2,192 - - - - - - - (15,555 ) (15,555 ) Interest expense - - - - 424 - - - - - - - - 424 (424 ) Total other (expenses)income, net - - - - - - - - - - - - - (15,131 ) (15,131 ) Income from investments INCOME(LOSS)BEFORE INCOME TAXES (27,284 ) (114,515 ) - - (79,283 ) (8,594 ) - - - - - - - (229,676 ) (229,676 ) INCOME TAXES - - - - - 536 - - - - - - - 536 536 NET INCOME(LOSS) - CONTINUING OPERATION (27,284 ) (114,515 ) - - (79,283 ) (9,130 ) - - - - - - - (230,212 ) (230,212 ) Non-controlling interest - - - - 1,039 (13 ) - - - - - - - 1,026 1,026 DISCONTINUED OPERATIONS: Gain from discontinued operations 17,000 - - - - (16,189 ) - - - - - - - 811 (261 ) Income from disposal of discontinued operations - - - - - (1,072 ) - - - - - - - (1,072 ) - GAIN FROM DISCONTINUED OPERATIONS - - - - - - - - - - - - - (261 ) (261 ) Equity earnings in subs outside China (10,284 ) (114,515 ) - - (78,243 ) - - - - - - - - - - Equity earnings in subs and VIES inside China - - - - - (26,405 ) - - - - - - - - - NET PROFIT(LOSS) (10,284 ) (114,515 ) - - (78,243 ) (26,405 ) - - - - - - - (229,447 ) (229,447 ) OTHER COMPREHENSIVE INCOME(LOSS) - - - - - - - - - - - - - - - Foreign currency translation adjustment - net of tax - - - - - - - - - - - - - - - COMPREHENSIVE INCOME(LOSS) - - - - - - - - - - - - - - - 31-Dec-21 SOS Ltd China WFOE VIE Subsidiaries Subsidiaries SOS Ltd. China SOS WFOE VIE Inter- Subsidiaries Subsidiaries SOS Ltd US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ REVENUES -net - 15,315 - - 718 275,475 - - - - - (718 ) - 290,790 COST OF REVENUES - 2,327 - - 3,728 271,824 - - - - - - 277,879 GROSS PROFIT - 12,988 - - (3,010 ) 3,651 - - - - - (718 ) - 12,911 OPERATING EXPENSES: General and administrative 15,713 10,340 12 - 7,574 877 (12,033 ) - - - - (718 ) - 21,765 Share-based compensation 33,537 - - - - - - - - - - - - 33,537 Selling expense - - - (3 ) - 676 - - - - - - - 673 Total operating expenses 49,250 10,340 12 (3 ) 7,574 1,553 (12,033 ) - - - - (718 ) - 55,975 INCOME FROM OPERATIONS (49,250 ) 2,648 (12 ) 3 (10,584 ) 2,098 12,033 - - - - - - (43,064 ) OTHER INCOME(EXPENSE): Other income (expense),net (5,000 ) - - - - (4,358 ) - - - - - - - (9,358 ) Total other (expenses) income, net (5,000 ) - - - - (4,358 ) - - - - - - - (9,358 ) INCOME (LOSS) BEFORE INCOME TAXES (54,250 ) 2,648 (12 ) 3 (10,584 ) (2,260 ) 12,033 - - - - - - (52,422 ) INCOME TAXES - - - - (3 ) - ) - - - - - - - (3 ) GAIN/(LOSS) FROM DISCONTINUED OPERATIONS - - - - - 3,374 - - - - - - - 3,374 Non-controlling interest - - - - - (200 ) - - - - - - - (200 ) NET PROFIT(LOSS) (54,250 ) 2,648 (12 ) 3 (10,587 ) 914 12,033 - - - - - - (49,251 ) Notes (a) SOS Ltd. Completed a couple rounds of F3 financing. This entry is to offset legal fee against gross proceeds from registered direct offering. (b) This represents an elimination entry to set off inter-company sales from China SOS to FD LLC, which is a service cost to FD LLC. 31-Dec-22 Subsidiaries Subsidiaries Subsidiaries Subsidiaries China Inter-company Outside Inside SOS Ltd. SOS Ltd. China WOFE VIE Outside Inside SOS Ltd. SOS Ltd. WOFE VIE elimination China China Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ ASSETS Current assets: Cash and cash equivlaents 7,193 154,568 883 - 41,049 55,799 - - - - - - - 259,492 Accounts receivable,net - - - - 16 2,416 - - - - - - - 2,432 Other receivables - net (1,659 ) (90,417 ) - - (39,345 ) 10,819 - - - - (902 ) - - (121,504 ) Amount due from related parties 17,000 900 - - 8,100 43,038 - - - - - - - 69,038 Inter-company receivable 151,010 24,989 294,670 - (135,864 ) (334,805 ) - - - - - - - - Inventory - - - - - 46,273 - - - - - - - 46,273 Tax recoverable 16 - - (7 ) 2,534 - - - - - - - 2,543 Total current assetes 173,560 90,040 295,553 - (126,051 ) (173,926 ) - - - - (902 ) - - 258,274 Non-current assets: Operating lease, right-of-use assets - - - - 921 - - - - - - - - 921 Property equipment and software,net - 4,462 - - 7,999 92 - - - - - - - 12,553 Goodwill 72 72 Intangible assets - 6,289 - - 117 - - - - - - - - 6,406 Long-term investments (19 ) - - - - 19 - - - - - - - - Investment in subsidiaries outside China - - - - - - - - - - - - - - Investment in WFOE (314,335 ) 314,335 - - - - - - - - - - - - Investment in China SOS (64,794 ) - - - 64,794 - - - - - - - - - Prepaid expense - Advance payments 6,400 90,417 11 41,445 38,235 - - - - - - - 176,508 Total non-current assets (372,676 ) 415,503 11 - 115,276 38,346 - - - - - - - 196,460 Total assets (199,116 ) 505,543 295,564 - (10,775 ) (135,580 ) - - - - (902 ) - - 454,734 31-Dec-22 Subsidiaries Subsidiaries Subsidiaries Subsidiaries China Inter-company Outside Inside SOS Ltd. SOS Ltd. China WOFE VIE Outside Inside SOS Ltd. SOS Ltd. WOFE VIE elimination China China Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ LIABILITIES AND EQUITY Current liabilities: Liabilities: Accounts payble - 11,359 - - 406 1,069 - - - - - - - 12,834 Amount due to related parties 622 -- 1 - 19 1 - - - - - - - 643 Operating lease liability-current - - - - 544 - - - - - - - - 544 Advance from customers - - - - - 20,385 - - - - - - - 20,385 Payroll payable - - - - - 2 - - - - - - - 2 Tax payable - - - - 2 92 - - - - - - - 94 Other payables 241 153,976 - - 6,693 (148,929 ) - - - - (902 ) - - 11,079 Total current liabilities 863 165,335 1 - 7,664 (127,380 ) - - - - (902 ) - - 45,581 Operating lease liabilty-noncurrent - - - - 377 - - - - - - - - 377 Total non-current liability - - - - 377 - - - - - - - - 377 Total liabilities 863 165,335 1 - 8,041 (127,380 ) - - - - (902 ) - - 45,958 Non-controlling interest - - - - (841 ) 15 - - - - - -- (826 ) Shareholder’s equity Paid up capital (818,741 ) 452,078 295,491 70,950 596 - - - - - - - 374 Additional paid-in capital 191,536 - - - - 7 - - - - 513,945 - 705,488 Statutory Reserve 513,945 - - - - 59 - - - - (513,945 ) 59 Retained earnings (60,680 ) (111,870 ) 73 - (88,925 ) (11,518 ) - - - - - - - (272,920 ) Accumulated other comprehensive income (loss) (26,039 ) - (1 ) - - 2,641 - - - - - - - (23,399 ) Total Shareholders’ equity (199,979 ) 340,208 295,563 - (17,975 ) (8,215 ) - - - - - - - 409,602 Total Liabilities and shareholders’ equity (199,116 ) 505,543 295,564 - (10,775 ) (135,580 ) - - - - (902 ) - - 454,734 31-Dec-21 Subsidiaries China Subsidiaries Subsidiaries SOS Ltd. Inter-company Inside China SOS Ltd. SOS SOS WOFE VIE Outside China Inside China Adjustement(a) Adjustement(b) Adjustement(c) Adjustement(d) Adjustement(e) Adjustement(f) elimination(g) Adjustment Consolidated total US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ ASSETS Current assets: Cash and cash equivalents 12,301 160,091 4,164 2 101,210 49,358 - - - - - - - - 327,126 Accounts receivable, net - - - - - 19,843 - - - - - - - - 19,843 Other receivables - net 67,962 16,902 - - 345 477 - - - - - - (79,391 ) - 6,295 Amount due from related parties - 900 - - 1,000 30,406 - - - - - - - - 32,306 Inter-company receivable 19,791 (153,855 ) 311,415 (2 ) (19,791 ) (196,737 ) 0 39,179 3,578 - - - - (3,578 ) - Inventory - - - - - 60,587 - - - - - - - - 60,587 Intangible assets 14,502 14,502 Advance payments 6,400 97,115 - - 300 55,653 - - - - - - - - 159,468 Tax recoverable - - - - - 6,099 - - - - - - - - 6,099 Assets related to discontinued operation - - - - - 37,281 - - - - - - - - 37,281 Total current assets 120,956 121,153 315,579 - 83,064 62,967 0 39,179 3,578 - - - (79,391 ) (3,578 ) 663,507 Non-current assets: Operating lease, right-of-use assets - - - - - 3,401 - - - - - - - - 3,401 Property equipment and - 9,844 - - 16,373 - - - - - - - - - 26,217 Goodwill - - - - - 72 - - - - - - - - 72 Investment in subsidiaries outside 374,463 - - - - - (374,463 ) - - - - - - Investment in WFOE - 310,205 - - - - (310,205 ) - - - - - - - Investment in China SOS - - - - 64,794 - - - - - (64,794 ) - - - Assets related to discontinued operation - - - - - 5,504 - - - - - - - 5,504 Total non-current assets 374,463 320,049 - - 81,167 5,576 (310,205 ) (374,463 ) - - (64,794 ) - - 31,793 Total assets 495,419 441,202 315,579 - 164,231 68,543 (310,205 ) (335,284 ) 3,578 0 - (64,794 ) (79,391 ) (3,578 ) 695,300 LIABILITIES AND EQUITY Current liabilities: Liabilities: Accounts payable - 11,376 - - - - - - - - - - - - 11,376 Amount due to related parties 15 - 2 - 18 - - - - - - - - - 35 Advance from customers - - - - - 19,309 - - - - - - - - 19,309 Payroll payable - - - - 1 - - - - - - - - 1 Other payables 5,141 (24,879 ) 47 - 5,093 23,447 - - (3,528 ) - -79,391 - 5,321 Liabilitiess related to discontinued operation - - - - - 23,771 - - - - - - 23,771 Total current liabilities 5,156 (13,520 ) 49 - 5,112 145,935 - - (3,528 ) - (79,391 ) - 59,813 Liabilitiess related to discontinued operation - - - - - 1,918 - - - - - - - - 1,918 Total non-current liability - - - - - 1,918 - - - - - - - - 1,918 Total liabilities 5,156 (13,520 ) 49 - 5,112 147,853 - - (3,528 ) - - (79,391 ) 0 61,731 Shareholder’s equity - - Paid up capital 427,236 452,076 315,546 - 98,760 (94,351 ) (310,205 ) (374,448 ) 7,106 (453,082 ) (64,794 ) (3,578 ) 266 Additional paid-in capital 119,147 - - - - 10 - 39,164 - - 514,065 - - - 672,386 Retained earnings (56,120 ) 2,646 (15 ) - 60,359 14,831 - - - - (65,113 ) - - - (43,413 ) Accumulated other comprehensive - - - - - - - - - - 4,130 - - - 4,130 Non-controlling interest - - - - - 200 - - - - - - - - 200 Total Shareholders’ equity 490,263 454,722 315,531 - 159,119 (79,310 ) (310,205 ) (335,284 ) 7,106 0 - (64,794 ) - (3,578 ) 633,569 Total Liabilities and shareholders’ 495,419 441,202 315,580 - 164,231 68,543 (310,205 ) (335,284 ) 3,578 0 - (64,794 ) (79,391 ) (3,578 ) 695,300 Notes (a) SOS placed private equity from a number of investors, SOSINT received it on behalf of SOS. This entry represents that SOS is to pick it up by increasing paid-up & additional paid-up capital by going through inter-company account; (b) This entry is to eliminate China SOS’s investment in WFOE against WFOE’s paid-up capital, additional paid-up capital and retained earning if any; (c) This entry is to eliminate SOS’s investment in China SOS against China SOS’s paid-up capital, additional paid-up capital and retained earning if any; (d) China SOS received F3 financing net of issuance expenses on behalf of SOS. This entry is to increase SOS’s paid-up capital & additional paid-up capital by going through inter-company account to offset other receivables and other payable; (e) This entry is to re-classify paid-up capital to additional capital by Register of members reconciliation table and re-classify between retained earnings and additional paid-up capital; (f) This entry is to eliminate SOSNY’s investment in China SOS against China SOS’s paid-up capital, additional paid-up capital and retained earning if any; (g) This entry represents an inter-company elimination entry between SOS and SOSNY. 31-Dec-22 Subsidiaries Subsidiaries SOS Ltd. SOS Ltd. China WFOE VIE Outside inside Consolidation Consolidation Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ CASH FLOWS FROM OPERATING ACTIVITIES Net (loss) (10,284 ) (114,515 ) - - (78,243 ) (26,405 ) - - (229,447 ) Net (loss) from discontinued operation - - - - - (261 ) - - (261 ) Net loss from continuing operation (10,284 ) (114,515 ) - (78,243 ) (26,144 ) - - (229,186 ) Adjustments to reconcile net income net cash used in operating activities: - Depreciation of property, plant and equipment - 3,143 - - 4,783 34 - - 7,960 Depreciation of ROU - - - - 693 - - - 693 Accretion of finance leases - - - - 75 - - - 75 Share-based compensation 14,714 - - - - - - - 14,714 Allowance for doubtful accounts - accounts receivable - - - - - (500 ) - - (500 ) Allowance for doubtful accounts - other receivable 9,422 92,817 - - 12,402 56,201 - - 170,842 Impairment of cryptocurrencies - 8,425 - - - - - - 8,425 Impairment of Mining Equipment - 7,686 - - 14,562 2,795 - - 25,043 Inventory mark down - - - - - 16,786 - - 16,786 Loss on acquisition - - - - - - - - - Income from disposal of discoutinued opeations - - - - - - - - - Inventory - - - (16 ) (5,251 ) - (5,267 ) Changes in operating assets and liabilities - - - - - - - - - Accounts receivable - - - - - 17,911 - - 17,911 Other receivables 81,100 (39,738 ) - - (90,554 ) (10,891 ) - - (60,083 ) Inter-company account (114,794 ) (22,758 ) (294,670 ) 132,373 299,849 - - - Amount due from related parties (20,830 ) (113,769 ) 212,863 (2 ) (47,708 ) (79,350 ) (4,937 ) - (53,732 ) Intangible assets - (212 ) - - (117 ) - - - (329 ) Accrued liabilities - - - - - 1,076 - - 1,076 31-Dec-22 Subsidiaries Subsidiaries SOS Ltd. SOS Ltd. China WFOE VIE Outside inside Consolidation Consolidation Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ Tax payables - - - - - 3,650 - - 3,650 Accounts payable - - - - 407 1,051 - - 1,458 Other payables 100 178,855 78,525 1,600 (253,320 ) - - 5,760 Amount due to related parties - - - - - 607 - - 607 Contract liabilities - - - - - - - - - Lease liability - - - - 921 - - - 921 Net Cash used in Operating Activities - Continuing Operations (40,572 ) (66 ) (3,282 ) (2 ) (48,822 ) 24,504 (4,936 ) - (73,176 ) Net Cash generated from Operating Activities - Discontinued Operations - - - - - 261 - - 261 CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property, equipment and equipment - (5,458 ) - - (10,572 ) - - - (16,030 ) Investment in equity - Proceed from disposals of discontiuned operations - - - - - - - - - Net cash (used in) generated from investing activities - (5,458 ) - - (10,572 ) - - - (16,030 ) CASH FLOWS FROM FINANCING ACTIVITIES Proceed from share issuance, net of issuance costs 18,463 - - - - - - - 18,463 Proceed from private equity placement, net of issuance costs - - - - - - - - - Repayment of principle portion of lease liabilities - - - - (768 ) - - - (768 ) Proceeds from disposal of subsidiaries 17,000 - - - - - - - 17,000 Net cash generated from (used in) financing activities 35,463 - - - (768 ) - - - 34,695 - EFFECT OF EXCHANGE RATES ON CASH - - - - - (24,284 ) - - (24,284 ) Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent (5,109 ) (5,524 ) (3,282 ) (2 ) (60,162 ) 481 (4,936 ) - (78,534 ) CASH AND CASH EQUIVALENTTS, beginning of year 12,301 160,091 4,164 2 101,210 60,259 - - 338,026 CASH AND CASH EQUIVALENTTS, end of year 7,193 154,568 883 - 41,049 60,741 - - 264,434 31-Dec-21 China Subsidiaries Outside Subsidiaries inside Consolidation Consolidation SOS Ltd. Consolidated SOS Ltd. SOS Ltd. WFOE VIE China China Adjustments(a) Adjustments(b) total US$ US$ US$ US$ US$ US$ US$ US$ US$ CASH FLOWS FROM OPERATING ACTIVITIES Net (loss) (54,250 ) 2,648 (12 ) 3 (10,584 ) 911 - 12,033 (49,251 ) Net income from discontinued operation - - - - - 3,374 - - 3,374 Net (loss)/income from continuing operation (54,250 ) 2,648 (12 ) 3 (10,584 ) (2,463 ) - 12,033 (52,625 ) Adjustments to reconcile net income net cash used in operating activities: - Depreciation of property, plant and equipment - - - - - 4,007 - - 4,007 Depreciation of ROU - - - - - 843 - - 843 Share-based compensation 33,537 - - - - - - - 33,537 Accretion of finance leases - - - - - 152 - - 152 Allowance for doubtful accounts - accounts receivable - - - - - 963 - - 963 Allowance for doubtful accounts - other receivable - - - - - 269 - - 269 Impairment of cryptocurrencies - - - - 925 - - - 925 Accounts receivable - - - - - (19,843 ) - - (19,843 ) Other receivables (9,522 ) (99,516 ) - - (595 ) (52,300 ) - - (161,933 ) Inter-company account (99,132 ) 128,855 (311,415 ) - 84,650 197,042 - - - Amount due from related parties (900 ) (2 ) 1,000 (32,404 ) (32,306 ) Intangible assets - (14,502 ) - - - - - - (14,502 ) Accrued liabilities - - - - 3 19,306 - - 19,309 Inventory - - - - - (60,587 ) - - (60,587 ) Tax payables - - - - - (6,099 ) - - (6,099 ) Accounts payable - 11,359 - - - 17 - - 11,376 Other payables 5,141 121 47 - - 12 - - 5,321 Amount due to related parties 15 - - - 9 2 - - 26 Net cash (used in) generated from operating activities (124,211 ) 28,065 (311,382 ) 3 75,408 48,917 - 12,033 (271,167 ) Net cash （used in）in generating from discountinued operating activities: - - - - - 52,604 - - 52,604 CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property, equipment and equipment - (11,358 ) - - (16,922 ) (4,754 ) - - (33,034 ) Investment in equity (374,463 ) (310,205 ) - - (64,794 ) (657 ) 750,119 - - Net cash (used in) generated from investing activities (374,463 ) (321,563 ) - - (81,716 ) (5,411 ) 750,119 - (33,034 ) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of principle portion of lease liabilities - - - - - (1,764 ) - - (1,764 ) Proceed from share issuance, net of issuance costs 510,271 452,076 315,547 - 110,523 (40,426 ) (750,119 ) (12,033 ) 585,839 Proceed from private equity placement, net of issuance costs - - - - - - - - - Net cash generated from (used in) financing activities 510,271 452,076 315,547 - 110,523 (42,190 ) (750,119 ) (12,033 ) 584,075 - EFFECT OF EXCHANGE RATES ON CASH - - (1 ) - (98 ) 1,925 - - 1,826 Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent 11,597 158,578 4,164 3 104,117 55,845 - - 334,304 CASH AND CASH EQUIVALENTTS, beginning of year 1 - - - - 3,721 - - 3,722 CASH AND CASH EQUIVALENTTS, end of year 11,598 158,578 4,164 3 104,117 59,566 - - 338,026 Notes (a) This entry is to eliminate investment against equity accounts; (b) This entry is to offset legal expenses against gross proceeds from direct public offerings. 31-Dec-20 Subsidiaries DSO-Sub Subsidiaries DSO-Sub SOS Ltd China SOS Inter- Outside Inside SOS Ltd. SOS Ltd China WFOE VIE Outside China Inside Adjustment (a) Adjustment (b) Ltd WFOE VIE company China China Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ REVENUES - - - - - 50,289 - - - - - - 50,289 COST OF REVENUES - - - - - (37,295 ) - - - - - - (37,295 ) GROSS PROFIT - - - - - 12,994 - - - - - - - - 12,994 OPERATING EXPENSES: - General and administrative (897 ) (2 ) (3 ) - - (1,047 ) - (452 ) - - - - - - (2,401 ) Share-based compensation (506 ) - - - - - - - - - - - - - (506 ) Total operating expenses (1,403 ) (2 ) (3 ) - - (1,047 ) - (452 ) - - - - - - (2,907 ) INCOME FROM OPERATIONS (1,403 ) (2 ) (3 ) - - 11,947 - (452 ) - - - - - - 10,087 OTHER INCOME(EXPENSE): - Loss on acquisition - - - - - - (5,679 ) - - - - - - - (5,679 ) Other income(expense),net - - - - - 625 - - - - - - - - 625 Total other (expenses) income, net - - - - - 625 (5,679 ) - - - - - - - (5,054 ) INCOME(LOSS) BEFORE INCOME TAXES (1,403 ) (2 ) (3 ) - - 12,572 (5,679 ) (452 ) - - - - - - 5,033 INCOME TAXES - - - - - (147 ) - - - - - - - - (147 ) NET INCOME(LOSS) - CONTINUING OPERATION (1,403 ) (2 ) (3 ) - - 12,425 (5,679 ) (452 ) - - - - - - 4,886 - DISCONTINUED OPERATIONS: Loss from discontinued operations - - - (545 ) - - - - - - - (545 ) Income from disposal of discontinued operations - - - - 63 - - - - - - - 63 LOSS FROM DISCONTINUED OPERATIONS - - - - - - (482 ) - - - - - - - (482 ) - - - - - - - - NET PROFIT(LOSS) (1,403 ) (2 ) (3 ) - - 12,425 (6,161 ) (452 ) - - - - - - 4,404 OTHER COMPREHENSIVE INCOME(LOSS) - - - - - - - - - - - - - - - Foreign currency translation adjustment - net of tax - - - - - 874 - - - - - - - - 874 COMPREHENSIVE INCOME(LOSS) (1,403 ) (2 ) (3 ) - - 13,299 (6,161 ) (452 ) - - - - - - 5,278 Notes (a) SOS disposed off the legacy business in August 2020, it incurred a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million ; (b) SOS picked up legal expenses paid by China SOS for the amount of $0.45 million. 31-Dec-20 China Subsidiaries DSO-Sub SOS Ltd. China WFOE Inter- Subsidiaries DSO-Sub SOS Ltd. SOS SOS WFOE VIE Outside Inside Adjustment Adjustment SOS Ltd. Adjustment VIE elimination China Adjustment Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ ASSETS Current assets: Cash and cash equivalents 1 268 3,304 2 - 147 - - - - - - - - 3,722 Accounts receivable, net - - - - - 10,235 - - - - - - - - 10,235 Other receivables - net 102 - 100 - - 43,671 - 3,500 - - - - - - 47,373 Amount due from related parties - - - - - 3,693 - - - - - - - - 3,693 Inter-company receivable (c) - - - - - (38,429 ) - - - - 38,429 - - - Total current assets 103 268 3,404 2 - 57,746 (38,429 ) 3,500 - - - 38,429 - - 65,023 Non-current assets: Operating lease, right-of-use assets - - - - - 4,158 - - - - - - - - 4,158 Property equipment and software, net -- - - - - 509 - - - - - - - - 509 Investment in WFOE (d) - 3,391 - - - - - - (3,391 ) - - - - - Investment in subsidiaries inside China (e) - - - - - 644 - - - - - - - (644 ) - Goodwill - - - - - - - - - - - - 72 72 Total non-current assets - 3,391 - - - 5,311 - - - (3,391 ) - - - (572 ) 4,739 Total assets 103 3,659 3,404 2 - 63,057 (38,429 ) 3,500 - (3,391 ) - 38,429 - (572 ) 69,762 LIABILITIES AND EQUITY Current liabilities: Liabilities: Accounts payable - - - - - 1,078 - - - - - - - - 1,078 Amount due to related parties - - - - - 1,909 - - - - - - - - 1,909 Inter-company payable - - - - - - - - - - - - - - Operating lease liability-current - - - - - 834 - - - - - - - - 834 Contract liability - - - - - 610 - - - - - - - - 610 Tax payable - - - - - 665 - - - - - - - - 665 Other payables - 100 2 2 - 40,007 - - - - - (38,429 ) - - 1,681 Total current liabilities - 100 2 2 - 45,103 - - - - - (38,429 ) - - 6,777 Operating lease liability-noncurrent - - - - - 2,749 - - - - - - - - 2,749 Total non-current liability - - - - - 2,749 - - - - - - - - 2,749 Total liabilities - 100 2 2 - 47,852 - - - - - (38,429 ) - - 9,526 Shareholder’s equity - - - Paid up capital (1 ) 3 - - - - 46 12 - - - - - - 60 Additional paid-in capital 1,960 3,558 3,406 - - 590 38,383 9,649 - (3,406 ) - - - (540 ) 53,600 Retained earnings (1,856 ) (2 ) (3 ) - - 13,903 - (6,161 ) - 3 - - - (46 ) 5,838 Accumulated other comprehensive income (loss) - - - - - 712 - - - 12 - - - 14 738 Total Shareholders’ equity 103 3,559 3,402 - - 15,205 38,429 3,500 - (3,391 ) - - - (570 ) 60,236 Total Liabilities and shareholders’ equity 103 3,659 3,404 2 - 63,057 38,429 3,500 - (3,391 ) - (38,429 ) - (570 ) 69,762 Notes (a) SOSIT received fund on behalf of SOS; it was the proceeds net of legal expenses paid by private equity investors, equivalent to $38.42 million. Together with (c) it is proposed to offset account receivable and account payable for the same amount via inter-company account; (b) SOS disposed off the legacy business in August 2020, it incurred a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million; It was acquired previously in June 2020 by issuing class A common share for the amount of $9.66 million; (c) Together with (b), another half of the elimination of inter-company receivable from SOS and inter-company payable from SOSIT for the same amount of $38.42 million; (d) This entry is to eliminate China SOS’s long-term investment at initial cost in WFOE against WFOE’s paid-up capital, additional paid-up capital and retained earnings etc; (e) This entry is also an elimination entry to knock off SOSIT’s long-term investment at cost in IMSOS against IMSOS’s paid-up capital, additional capital and retained earning etc. (h) Subsidiaries inside China include WOFE, SOSIT and Inner Monogolia SOS Insurance Co., Ltd., all belongs to disposed group Subsidiaries DSO-Sub Consolidation Consolidation SOS Ltd. SOS Ltd. China WFOE VIE Outside Inside Adjustment Adjustment Consolidated total US$ US$ US$ US$ US$ US$ US$ US$ US$ CASH FLOWS FROM OPERATING ACTIVITIES Net (loss) (1,403 ) (2 ) (3 ) - - 12,425 (452 ) (6,161 ) 4,404 Adjustments to reconcile net income net cash used in operating activities: Depreciation of property, plant and equipment - - - - - 2 - - 2 Share-based compensation 506 - - - - - - - 506 Allowance for doubtful accounts - accounts receivable - - - - - 1 - - 1 Allowance for doubtful accounts - other receivable - - - - - 158 - - 158 Loss on acquisition - - - - - - - 5,679 5,679 Income from disposal of discontinued operations - - - - - - - (63 ) (63 ) Changes in operating assets and liabilities Accounts receivable - - - - - (2,065 ) - - (2,065 ) Other receivables - - - - - (36,019 ) - - (36,019 ) Amount due from related parties - - - - - (2,871 ) - - (2,871 ) Tax payables - - - - - 292 - - 292 Accounts payable - - - - - (11,940 ) - - (11,940 ) Other payables - 100 - - - 1,384 - - 1,484 Amount due to related parties - - - - - (3,666 ) - - (3,666 ) Contract liabilities - 546 - - 546 Net cash (used in) generated from operating activities (897 ) 98 (3 ) - - (41,753 ) (452 ) (545 ) (43,552 ) CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property, equipment and equipment - - - - - (501 ) - - (501 ) Investment in equity - (3,391 ) 3,391 - - 0 - - - Proceed from disposals of discontinued operations - - - - - 3,500 - - 3,500 Net cash (used in) generated from investing activities - (3,391 ) 3,391 - - 2,999 - - 2,999 CASH FLOWS FROM FINANCING ACTIVITIES Proceed from share issuance, net of issuance costs - 3,578 - - - - - - 3,578 Proceed from private equity placement, net of issuance costs 1,000 - - - - 38,973 - - 39,973 Net cash generated from (used in) financing activities 1,000 3,578 - - - 38,973 - - 43,551 EFFECT OF EXCHANGE RATES ON CASH (1 ) (17 ) (84 ) - - 785 - - 683 NET CASH CHANGES IN CASH AND CASH EQUIVALENTS 102 268 3,304 - - 1,004 (452 ) (545 ) 3,681 CASH AND CASH EQUIVALENTTS, beginning of year 1 - - - - 40 - - 41 CASH AND CASH EQUIVALENTTS, end of year 103 268 3,304 - - 1,044 (452 ) (545 ) 3,722 Notes (a) SOS picks up the legal expense of $0.45 million paid by China SOS, this increase the net loss of SOS by the same amount; (b) To reflect the impact of SOS’s disposition of XRF’s fintech business on cash flow: a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for information pursuant to the rules and regulations of the SEC.
Principles of consolidation	Principles of consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries, which include the wholly- foreign owned enterprise (“WFOE”) and variable interest entities (“VIEs”) over which the Company exercises control and, when applicable, entities for which the Company has a controlling financial interest or is the primary beneficiary. All transactions and balances among the Company and its subsidiaries have been eliminated upon consolidation.
Variable Interest Entity Agreements	Variable Interest Entity Agreements On May 14, 2020, Weibao Enterprise Management Consulting (Shijiazhuang) Co., Ltd. (“Weibao Enterprise”), Guian New Area Zhongyuan Technology Co., Ltd. (“Zhongyuan Technology”), and Messrs. Yilin Wang, Weidong Feng, and Xianlong Wu, citizens of China and shareholders of Zhongyuan Technology, entered into the following agreements, or collectively, the “Variable Interest Entity Agreements” or “VIE Agreements,” pursuant to which Weibao Enterprise has contractual rights to control and operate the business of Zhongyuan Technology (the “VIE”). Therefore, pursuant to ASC 810, Zhongyuan Technology has been included in the Company’s consolidated financial statements since then. The VIE Agreements are as follows: 1) Technical Consulting and Service Agreement by and between Weibao Enterprise and Zhongyuan Technology. Pursuant to the Exclusive Technical Consulting and Service Agreement, Weibao Enterprise agreed to act as the exclusive consultant of Zhongyuan Technology and provide technical consulting and services to Zhongyuan Technology. In exchange, Zhongyuan Technology agreed to pay Weibao Enterprise a technical consulting and service fee, the amount of which is to be equivalent to the amount of net profit before tax of Zhongyuan Technology, payable on a quarterly basis after making up losses of previous years (if necessary) and deducting necessary costs, expenses and taxes related to the business operations of Zhongyuan Technology. Without the prior written consent of Weibao Enterprise, Zhongyuan Technology may not accept the same or similar technical consulting and services provided by any third party during the term of the agreement. All the benefits and interests generated from the agreement, including but not limited to intellectual property rights, know-how and trade secrets, will be Weibao Enterprise’s sole and exclusive property. This agreement has a term of 20 years and may be extended unilaterally by Weibao Enterprise with Weibao Enterprise’s written confirmation prior to the expiration date. Zhongyuan Technology cannot terminate the agreement early unless Weibao Enterprise commits fraud, gross negligence or illegal acts, or becomes bankrupt or winds up. 2) Equity Interest Purchase Option Agreement by and among Weibao Enterprise, Zhongyuan Technology, and Messrs. Yilin Wang, Weidong Feng and Xianlong Wu. Pursuant to the Exclusive Purchase Option Agreement, Messrs. Yilin Wang, Weidong Feng and Xianlong Wu granted to Weibao Enterprise and any party designated by Weibao Enterprise the exclusive right to purchase, at any time during the term of this agreement, all or part of the equity interests in Zhongyuan Technology, or the “Equity Interests,” at a purchase price equal to the registered capital paid by Messrs. Yilin Wang, Weidong Feng and Xianlong Wu for the Equity Interests, or, in the event that applicable law requires an appraisal of the Equity Interests, the lowest price permitted under applicable law. Pursuant to powers of attorney executed by Messrs. Yilin Wang, Weidong Feng and Xianlong Wu, they irrevocably authorized any person appointed by Weibao Enterprise to exercise all shareholder rights, including but not limited to voting on their behalf on all matters requiring approval of Zhongyuan Technology’s shareholders, disposing of all or part of the shareholders’ equity interest in Zhongyuan Technology, and electing, appointing or removing directors and executive officers. The person designated by Weibao Enterprise is entitled to dispose of dividends and profits on the equity interest without reliance on any oral or written instructions of Messrs. Yilin Wang, Weidong Feng and Xianlong Wu. The powers of attorney will remain in force for so long as Messrs. Yilin Wang, Weidong Feng and Xianlong Wu remain the shareholders of Zhongyuan Technology. Messrs. Yilin Wang, Weidong Feng and Xianlong Wu have waived all the rights which have been authorized to Weibao Enterprise’s designated person under the powers of attorney. 3) Equity Pledge Agreement by and among Weibao Enterprise, Zhongyuan Technology, and Messrs. Yilin Wang, Weidong Feng and Xianlong Wu. Pursuant to the Equity Pledge Agreement, Mr. Messrs. Yilin Wang, Weidong Feng and Xianlong Wu pledged all of the Equity Interests to Weibao Enterprise to secure the full and complete performance of the obligations and liabilities on the part of Zhongyuan Technology and them under this and the above contractual arrangements. If Zhongyuan Technology, Messrs. Yilin Wang, Weidong Feng or Xianlong Wu breaches their contractual obligations under these agreements, then Weibao Enterprise, as pledgee, will have the right to dispose of the pledged equity interests. Messrs. Yilin Wang, Weidong Feng and Xianlong Wu agree that, during the term of the Equity Pledge Agreements, they will not dispose of the pledged equity interests or create or allow any encumbrance on the pledged equity interests, and they also agree that Weibao Enterprise’s rights relating to the equity pledge should not be interfered with or impaired by the legal actions of the shareholders of Zhongyuan Technology, their successors or designees. During the term of the equity pledge, Weibao Enterprise has the right to receive all of the dividends and profits distributed on the pledged equity. The Equity Pledge Agreement will terminate as soon as reasonably practical when Zhongyuan Technology, Messrs. Yilin Wang, Weidong Feng and Xianlong Wu have completed all their obligations under the contractual agreements described above. 4) Voting Rights Proxy and Financial Support Agreement by and among Weibao Enterprise, Zhongyuan Technology, and Messrs. Yilin Wang, Weidong Feng and Xianlong Wu. Pursuant to the Voting Rights Proxy and Financial Support Agreement, Messrs. Yilin Wang, Weidong Feng and Xianlong Wu entrusts Weibao Enterprise or Weibao Enterprise’s designee to vote on their behalf at the shareholder meetings of Zhongyuan Technology. As consideration for the entrustment of the voting rights of Messrs. Yilin Wang, Weidong Feng and Xianlong Wu at Zhongyuan Technology’s shareholder meetings to Weibao Enterprise, Weibao Enterprise agreed to arrange for funds to be provided as necessary in connection with the business operations of Zhongyuan Technology. Weibao Enterprise further agreed that if the business were to fail in the ordinary course of business, none of Messrs. Yilin Wang, Weidong Feng and Xianlong Wu shall have any obligation to repay the financial support provided by Weibao Enterprise.
Reverse Acquisitions of China Rapid Finance by SOS	Reverse Acquisitions of China Rapid Finance by SOS On May 18, 2020, the Company completed the reverse acquisition with Yong Bao Two Ltd. (“YBT”), the parent company of SOS Information Technology Co., Ltd. (“SOS”), acquiring 37,985,203 Class A ordinary shares, and 3,465,574 Class B ordinary shares, par value $0.193 per ordinary share, for its SOS’s asset injection and private placement transactions. Following the completion of the acquisition, the operations of the Company were primarily comprised of the operations of SOS. SOS was determined to be the accounting acquirer of the Company. As such, the historical financial statements are those of SOS, and SOS’s equity has been re-cast to reflect the equity structure of the Company and the shares of common stock received. The reverse acquisition was accounted for as asset acquisitions. The purchase price for China Rapid Finance (“CRF”) was $9.7 million. The transaction price of CRF includes 100% of all outstanding stock valued at net $9.7 million. The stock exchanged equal to the 72,636,230 shares of CRF outstanding prior to the issuance of additional shares in the acquisition, at the market price of $0.133 per share. The total purchase price has been allocated based on an estimate of the fair value of CRF’s assets acquired and liabilities assumed with the remainder recorded as an expense. On May 18, 2020, the fair value of the following assets and liabilities were acquired resulting in the total loss of approximately $5.7 million: Dollars in thousands Total Purchase Price $ 9,660 Net Assets Acquired: Assets Cash and cash equivalents 13,664 Restricted cash 26,524 Accounts receivable 7,426 Inventories 8 Prepaid expenses and other current assets 110 Intangible assets 2,969 Other assets 2,682 Total Assets 53,419 Liabilities Accounts payable and accrued liabilities (49,437 ) Total Liabilities (49,437 ) Net Assets Acquired 3,982 Loss on Acquisition $ 5,679 On August 3, 2020, SOS Limited (the “Company,” previously known as China Rapid Finance Limited) and Hantu (Hangzhou) Asset Management Co., Ltd. (the “Purchaser”) entered into certain share purchase agreement (the “Disposition SPA”). Pursuant to the Disposition SPA, the Purchaser agreed to purchase CRF China Holding Co. Limited, a Hong Kong limited company (“CRF China”), China Capital Financial LLC, a Delaware limited liability company (“China Capital”), CRF China Limited, a British Virgin Islands company (“CRF BVI”), CRF Technology LLC, a California limited liability company (“CRF Technology”), and HML China LLC, a Delaware limited liability company (“HML”) (collectively, the “Subsidiaries”) in exchange for cash consideration of $3.5 million (the “Purchase Price”). Upon the closing of the transaction (the “Disposition”) contemplated by the Disposition SPA, the Purchaser will become the sole shareholder of the Subsidiaries and as a result, assume all assets and liabilities of all the subsidiaries and variable interest entities owned or controlled by the Subsidiaries. On August 3, 2020, the fair value of the following assets and liabilities were disposed of resulting in the total gain of approximately $0.063 million: Dollars in thousands Total Selling Price $ 3,500 Net Assets Disposed: Total Assets 53,654 Total Liabilities (50,217 ) Net Assets Disposed 3,437 Income from disposal of discontinued operations $ 63 Loss on discontinued operations for the year ended December 31, 2020 was as follows: Dollars in thousands Revenue $ 453 Expenses (998 ) Loss on discontinued operations $ (545 ) On November 2, 2022, the fair value of the following assets and liabilities were disposed of resulting in the total loss of approximately $0.8 million: Dollars in thousands Total Selling Price $ 1,700 Net Assets Disposed: Total Assets 110,201 Total Liabilities (95,446 ) Net Assets Disposed 16,189 Income from disposal of discontinued operations $ 811 Loss on discontinued operations for the year ended December 31, 2022 was as follows: Dollars in thousands Revenue $ 81,977 Expenses (83,049 ) Loss on discontinued operations $ (1,072 ) Disposal loss from selling off insurance marketing business segment Pursuant to the Share Purchase Agreement (this “Agreement”) is made and entered into as of November 2, 2022 by and among (i) S International Holdings Limited, a Cayman Islands exempt company (the “Purchaser”), (ii) S International Group Limited, a British Virgin Islands company (the “Company”), and (iii) SOS Limited, a Cayman Islands exempt company (“SOS” or the “Seller”of disposed asset group in insurance marketing). The Purchaser, the Company and the Seller are sometimes referred to herein individually as a “Party” and, collectively, as the “Parties”. As at the date hereof, (i) SOS owns 100% of the issued shares in the Company, the Company owns 100% of the issued shares in S International Holdings Limited (“S International HK”), S International HK owns 100% of the issued shares in Qingdao S Investment Holding Limited (“WFOE”), and WFOE controls Qingdao SOS Industrial Holding Co., Ltd. through a series of contractual agreements with the Company and the shareholders of the Company dated November 2, 2022 (the “VIE Agreements”); and (ii) Qingdao SOS Industrial Holding Co., Ltd owns 100% of the equity interests in each of SOS Information Technology Co., Ltd. and Qingdao SOS Digital Technologies Inc.; The Seller desires to sell to the Purchaser, and the Purchaser desire to purchase from the Seller, all of the Purchased Shares (as hereinafter defined) in exchange for US$ 17.0 million (the “Purchase Price”), subject to the terms and conditions set forth herein (the “Transaction”). Dollars in thousands Total Purchase Price 17,000 Net Assets Acquired: Assets Cash and cash equivalents 4,942 Accounts receivable 2,509 Inventories 16,424 Prepaid expenses and other current assets 82,660 Fixed assets 3,059 Long term investment 607 Total assets 110,201 Liabilities Accounts payable and accrued liabilities (94,644 ) Tax recovery 972 Leasing liabilities (1,774 ) Total Liabilities (95,446 ) Accumulated Other Comprehensive Income 1,434 Net Assets Sold: 16,189 Gain on disposal 811
Use of estimates and assumptions	Use of estimates and assumptions The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant accounting estimates reflected in the Company’s consolidated financial statements include the useful lives of plant and equipment and intangible assets, capitalized development costs, impairment of long-lived assets, allowance for doubtful accounts, revenue recognition, allowance for deferred tax assets and uncertain tax position, and inventory allowance. Actual results could differ from these estimates.
Foreign currency translation and transaction	Foreign currency translation and transaction The reporting currency of the Company is the U.S. dollar. The Company in China conducts its businesses in the local currency, Renminbi (RMB), as its functional currency. Assets and liabilities are translated at the unified exchange rate as quoted by the People’s Bank of China at the end of the period. The statement of income accounts is translated at the average translation rates and the equity accounts are translated at historical rates. Translation adjustments resulting from this process are included in accumulated other comprehensive income. Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency are included in the results of operations as incurred. Translation adjustments included in accumulated other comprehensive income (loss) amounted to $23,618,746, $4,130,440, as of December 31, 2022, 2021, respectively. The balance sheet amounts, with the exception of shareholders’ equity at December 31, 2022, 2021 were translated at 6.8972, 6.3757 RMB, respectively. The shareholders’ equity accounts were stated at their historical rate. The average translation rates applied to statement of income accounts for the years ended December 31, 2022, 2021 and 2020 were6.7290 RMB, 6.4512 RMB and 6.6174 RMB to $1.00, respectively. Cash flows are also translated at average translation rates for the periods, therefore, amounts reported on the statement of cash flows will not necessarily agree with changes in the corresponding balances on the consolidated balance sheet.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents consist of cash on hand; demand deposits and time deposits placed with banks or other financial institutions and have original maturities of less than three months.
Accounts receivable, net	Accounts receivable, net Accounts receivable include trade accounts due from customers. Accounts are considered overdue after 30 days. In establishing the required allowance for doubtful accounts, management considers historical collection experience, aging of the receivables, the economic environment, industry trend analysis, and the credit history and financial conditions of the customers. Management reviews its receivables on a regular basis to determine if the bad debt allowance is adequate, and adjusts the allowance when necessary. Delinquent account balances are written-off against allowance for doubtful accounts after management has determined that the likelihood of collection is not probable.
Other receivables, net	Other receivables, net Other receivables primarily include deposits for business acquisitions, setup of research center, advances to employees, and others. Management regularly reviews the aging of receivables and changes in payment trends and records allowances when management believes collection of amounts due are at risk. Accounts considered uncollectable are written off against allowances after exhaustive efforts at collection are made.
Inventories	Inventories The availability and prices of inventories are subject to wide fluctuations due to factors such as changes in weather conditions, government programs and policies, competition, changes in customer preferences. Currently, the Company entered into non-derivative contracts. The inventories are valued at the lower of cost or market. The Company determines cost based on the first-in, first-out method. Periodic reviews of inventories for obsolescence mean any inventories identified as obsolete are reserved or written off. In case of inventory damage, the amount of disposal income after deducting the book value and relevant taxes shall be included in the operating expenses. In the balance sheet, the inventory items are reflected by the net amount after deducting the inventory price reduction provision. If any of the following circumstances are found, the Company shall make inventory impairment: ● The market price continues to fall, and there is no prospect of recovery in the foreseeable future; ● Inventory are obsolete, the consumers’ preferences change, or the market demand changes, resulting in the decline of the market price; ● Other circumstances sufficient to prove that the inventory has been substantially impaired. Inventory price reduction provisions are measured by the cost and net realizable value of a single inventory item; the inventory price reduction provision can be written off by the inventory category for inventory with large quantities and low unit prices. The Company’s inventory is mainly composed of sesame, servers, gold powder, sulfur, diluted asphalt, and mining machines. Due to the rapid turnover rate, no impairment is required.
Property, plant and equipment, net	Property, plant and equipment, net Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are as follows: Category Depreciation method Estimated useful lives Office equipment, fixtures and furniture Straight-line 5 years The cost and accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the consolidated statements of income and comprehensive income. Expenditures for maintenance and repairs are charged to earnings as incurred, while additions, renewals and betterments, which are expected to extend the useful life of assets, are capitalized. The Company also re-evaluates the periods of depreciation to determine whether subsequent events and circumstances warrant revised estimates of useful lives.
Intangible assets	Intangible assets Intangible assets (including BTC, ETH and USDT) are included in current assets in the accompanying consolidated balance sheets. Intangible assets purchased are recorded at cost and digital assets awarded to the Company through its mining activities are accounted for in connection with the Company’s revenue recognition policy disclosed below. Intangible assets held are accounted for as intangible assets with indefinite useful lives. An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Impairment exists when the carrying amount exceeds its fair value, which is measured using the quoted price of the digital assets at the time its fair value is being measured. In testing for impairment, the Company has the option to first perform a qualitative assessment to determine whether it is more likely than not that an impairment exists. If it is determined that it is not more likely than not that an impairment exists, a quantitative impairment test is not necessary. If the Company concludes otherwise, it is required to perform a quantitative impairment test. To the extent an impairment loss is recognized, the loss establishes the new cost basis of the asset. Subsequent reversal of impairment losses is not permitted. Purchases of intangible assets by the Company, if any, will be included within investing activities in the accompanying consolidated statements of cash flows, while digital assets awarded to the Company through its mining activities are included within operating activities on the accompanying consolidated statements of cash flows. The sales of digital assets are included within investing activities in the accompanying consolidated statements of cash flows and any realized gains or losses from such sales are included in “realized gain/(loss) on exchange of intangible assets” in the consolidated statements of operations and comprehensive income/(loss). The Company accounts for its gains or losses in accordance with the first-in first-out method of accounting.
Digital asset mining	Digital asset mining The Company has entered into digital asset mining pools by executing contracts with the mining pool operators to provide computing power to the mining pool. The contracts are terminable at any time by either party and the Company’s enforceable right to compensation only begins when the Company provides computing power to the mining pool operator. In exchange for providing computing power, the Company is entitled to a fractional share of the fixed digital assets award the mining pool operator receives, for successfully adding a block to the blockchain. The Company’s fractional share is based on the proportion of computing power the Company contributed to the mining pool operator to the total computing power contributed by all mining pool participants in solving the current algorithm. Providing computing power in digital asset transaction verification services is an output of the Company’s ordinary activities. The provision of such computing power is the only performance obligation in the Company’s contracts with mining pool operators. The transaction consideration the Company receives, if any, is noncash consideration, which the Company measures at fair value on the date received, which is not materially different than the fair value at contract inception or the time the Company has earned the award from the pools. The consideration is all variable. Because it is not probable that a significant reversal of cumulative revenue will not occur, the consideration is constrained until the mining pool operator successfully places a block (by being the first to solve an algorithm) and the Company receives confirmation of the consideration it will receive, at which time revenue is recognized. There is no significant financing component in these transactions. Fair value of the digital assets award received is determined using the quoted price of the related digital assets at the time of receipt. There is currently no specific definitive guidance under US GAAP or alternative accounting framework for the accounting for digital assets recognized as revenue or held, and management has exercised significant judgment in determining the appropriate accounting treatment. In the event authoritative guidance is enacted by the FASB, the Company may be required to change its policies, which could have an effect on the Company’s consolidated financial position and results from operations.
Goodwill	Goodwill Goodwill of $71,977 was recognized as of December 31, 2020 in connection with the transaction of SOS IT acquiring Inner Monogolia SOS Agency Co. Ltd. In future years, the Company will complete an annual impairment test for goodwill that includes an assessment of qualitative factors including, but not limited to, macroeconomic conditions, industry and market conditions, and entity specific factors such as strategies and financial performance. The Company will perform annual impairment tests as of December 31, 2021 or earlier if indicators of impairment exist. There were no indicators of goodwill impairment as of December 31, 2022.
Impairment for long-lived assets	Impairment for long-lived assets Long-lived assets, including property and equipment and intangible assets with finite lives are reviewed for impairment whenever events or changes in circumstances (such as a significant adverse change to market conditions that will impact the future use of the assets) indicate that the carrying value of an asset may not be recoverable. The Company assesses the recoverability of the assets based on the undiscounted future cash flows the assets are expected to generate and recognize an impairment loss when estimated undiscounted future cash flows expected to result from the use of the asset plus net proceeds expected from disposition of the asset, if any, are less than the carrying value of the asset. If an impairment is identified, the Company would reduce the carrying amount of the asset to its estimated fair value based on a discounted cash flows approach or, when available and appropriate, to comparable market values. As of December 31, 2022, 2021 and 2020, no impairment of long-lived assets was recognized.
Fair value measurement	Fair value measurement The accounting standard regarding fair value of financial instruments and related fair value measurements defines financial instruments and requires disclosure of the fair value of financial instruments held by the Company. The accounting standards define fair value, establish a three-level valuation hierarchy for disclosures of fair value measurement and enhance disclosure requirements for fair value measures. The three levels are defined as follow: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. Level 3 inputs to the valuation methodology are unobservable and significant to the fair value.
Non-recurring measurement of fair value	Non-recurring measurement of fair value The Company accounts for its digital currencies as indefinite-lived intangible assets in accordance with Accounting Standards Codification (“ASC”) 350, Intangibles – Goodwill and Other. The Company’s digital currencies are initially recorded at fair value upon receipt (or “carrying value”). On a quarterly basis, they are measured at carrying value, net of any impairment losses incurred since receipt. Pursuant to guidance from ASC 820, Fair Value Measurement, the Company is required to determine the non-recurring fair value measurement used to determine impairment of the digital currencies held on the balance sheet. The Company will record impairment losses as the fair value falls below the carrying value of the digital currencies. The digital currencies can only be marked down when impaired and not marked up when their value increases. The resulting carrying value represents the fair value of the asset. The last impairment date for the digital currencies was December 31, 2022. The Company had an outstanding carrying balance of digital assets of approximately $6,406,078, net of impairment losses incurred of 8,424,858 for the year ended December 31, 2022. As of December 31, 2022, 174.28 units of bitcoin held as digital currencies is about $2,881,077 fair value and 2,949.79 units of ethereum held as digital currencies is approximately $3,525,001 fair vale
Revenue recognition	Revenue recognition The Company adopted Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers (ASC 606). The ASU requires the use of a new five-step model to recognize revenue from customer contracts. The five-step model requires that the Company (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not occur, (iv) allocate the transaction price to the respective performance obligations in the contract, and (v) recognize revenue when (or as) the Company satisfies the performance obligation. The Company recognizes services revenue for all kind of services provided according to monthly statements with customers, depending on the terms, provided that: there will be acknowledgment by customer as services provided; persuasive evidence of an agreement exists documenting the specific terms of the transaction; the sales price is fixed or determinable; and collectability is reasonably assured. Management assesses the business environment, the customer’s financial condition, historical collection experience, accounts receivable aging, and customer disputes to determine whether collectability is reasonably assured. The Company also generates revenue from commodity trading. The revenue is measured based on the consideration specified in the contract with the customers, and excludes any sales incentives. The Company follows a policy of recognizing revenue at a single point in time when it satisfies its performance obligation by transferring control over a product or service to a customer, i.e. the company recognizes revenue when goods has been delivered and title to the goods and risk associated with the good have been completed transferred to the customer. The products sold in the PRC are subject to a Chinese value-added tax (“VAT”). VAT taxes are presented as a reduction of revenue.
Operating lease	Operating lease We adopted ASU No. 2016-02, Leases (Topic 842), or ASC 842, from January 1, 2020. We determine if an arrangement is a lease or contains a lease at lease inception. For operating leases, we recognize a right-of-use (“ROU”) asset and a lease liability based on the present value of the lease payments over the lease term on the consolidated balance sheets at commencement date. As most of our leases do not provide an implicit rate, we estimate our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments, and in economic environments where the leased asset is located. The ROU assets also include any lease payments made, net of lease incentives. Lease expense is recorded on a straight-line basis over the lease term. Our leases often include options to extend and lease terms include such extended terms when we are reasonably certain to exercise those options. Lease terms also include periods covered by options to terminate the leases when we are reasonably certain not to exercise those options.
Value added taxes	Value added taxes Revenue represents the invoiced value of service, net of VAT. The VAT is based on gross sales price and VAT rates range up to 6%, depending on the type of service provided. Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded in tax payable. All of the VAT returns filed by the Company’s subsidiaries in China have been and remain subject to examination by the tax authorities for five years from the date of filing.
Income taxes	Income taxes The Company accounts for current income taxes in accordance with the laws of the relevant tax authorities. The charge for taxation is based on the results for the fiscal year as adjusted for items, which are non-assessable or disallowed. It is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. Deferred taxes are accounted for using the asset and liability method in respect of temporary differences arising from differences between the carrying amount of assets and liabilities in the consolidated financial statements and the corresponding tax basis used in the computation of assessable tax profit. In principle, deferred tax liabilities are recognized for all taxable temporary differences. Deferred tax assets are recognized to the extent that it is probable that taxable profit will be available against which deductible temporary differences can be utilized. Deferred tax is calculated using tax rates that are expected to apply to the period when the asset is realized or the liability is settled. Deferred tax is charged or credited in the income statement, except when it is related to items credited or charged directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Current income taxes are provided for in accordance with the laws of the relevant taxing authorities.
Other comprehensive income	Other comprehensive income Comprehensive income consists of two components, net income and other comprehensive (loss) income. Other comprehensive (loss) income refers to revenue, expenses, gains and losses that under U.S. GAAP are recorded as an element of shareholders’ equity but are excluded from net income. Other comprehensive (loss) income consists of a foreign currency translation adjustment resulting from the Company not using the U.S. dollar as its functional currencies.
Earnings per share	Earnings per share The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share”. ASC 260 requires companies to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average ordinary share outstanding for the period. Diluted EPS presents the dilutive effect on a per share basis of the potential ordinary shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential ordinary shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. For the years ended December 31, 2021 and 2020, there are 2,298,577,369 and 488,960,010 dilutive shares, respectively. For the years ended December 31, 2019, there were no dilutive shares.
Share-based compensation	Share-based compensation The Company recognizes compensation expense for all share–based payments in accordance with FASB ASC Topic 718, Compensation – Stock Compensation. The Company follows the fair value method of accounting for awards granted to employees, directors, officers and consultants. Share-based awards are measured at their estimated fair value on each respective grant date. The Company recognizes share-based payment expenses over the vesting period. The Company’s share-based compensation awards are subject only to service-based vesting conditions. Forfeitures are accounted for as they occur. The fair value of an option award is estimated on the date of grant using the Black–Scholes option valuation model. The Black–Scholes option valuation model requires the development of assumptions that are inputs into the model. These assumptions are the expected stock volatility, the risk–free interest rate, the expected life of the option and the expected dividend yield which is based on the historical dividends issued by the Company. The Company has never paid cash dividends and does not expect to pay any cash dividends in the foreseeable future. Expected volatility is calculated based on the analysis of other public companies. Risk–free interest rates are calculated based on risk–free rates for the appropriate term. The expected life is calculated as (i) the mid-point between the average vested date and the contractual expiration of the option for executives and directors and (ii) three years from the average vesting date for all others due to limited exercise history. Determining the appropriate fair value model and calculating the fair value of equity–based payment awards require the input of the subjective assumptions described above. The assumptions used in calculating the fair value of equity–based payment awards represent management’s best estimates, which involve inherent uncertainties and the application of management’s judgment.
Employee benefits	Employee benefits The full-time employees of the Company are entitled to staff welfare benefits including medical care, housing fund, pension benefits, unemployment insurance and other welfare, which are government mandated defined contribution plans by law. The Company is required to accrue for these benefits based on certain percentages of the employees’ respective salaries, subject to certain ceilings, in accordance with the relevant PRC regulations, and make cash contributions to the state-sponsored plans out of the amounts accrued.
Recently issued accounting pronouncements	Recently issued accounting pronouncements In January 2020, the FASB issued ASU No. 2020-01, Investments—Equity Securities (Topic 321), Investments—Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815)—Clarifying the Interactions between Topic 321, Topic 323, and Topic 815 (a consensus of the FASB Emerging Issues Task Force) (“ASU 2020-01”), which clarifies the interactions of the accounting for certain equity securities under ASC 321, investments accounted for under the equity method of accounting in ASC 323, and the accounting for certain forward contracts and purchased options accounted for under ASC 815. ASU 2020-01 could change how an entity accounts for (i) an equity security under the measurement alternative and (ii) a forward contract or purchased option to purchase securities that, upon settlement of the forward contract or exercise of the purchased option, would be accounted for under the equity method of accounting or the fair value option in accordance with ASC 825. These amendments improve current U.S. GAAP by reducing diversity in practice and increasing comparability of the accounting for these interactions. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 31, 2020. Early adoption is permitted. The Company is currently in the process of evaluating the effect of adopting ASU 2020-01 on its consolidated financial statements and related disclosure. In August 2020, the FASB issued ASU No. 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”), which focuses on amending the legacy guidance on convertible instruments and the derivatives scope exception for contracts in an entity’s own equity. ASU 2020-06 simplifies an issuer’s accounting for convertible instruments by reducing the number of accounting models that require separate accounting for embedded conversion features. ASU 2020-06 also simplifies the settlement assessment that entities are required to perform to determine whether a contract qualifies for equity classification. Further, ASU 2020-06 enhances information transparency by making targeted improvements to the disclosures for convertible instruments and earnings-per-share (EPS) guidance, i.e., aligning the diluted EPS calculation for convertible instruments by requiring that an entity use the if-converted method and that the effect of potential share settlement be included in the diluted EPS calculation when an instrument may be settled in cash or shares, adding information about events or conditions that occur during the reporting period that cause conversion contingencies to be met or conversion terms to be significantly changed. This update will be effective for the Company’s fiscal years beginning after December 15, 2021, and interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Entities can elect to adopt the new guidance through either a modified retrospective method of transition or a fully retrospective method of transition. The Company is currently in the process of evaluating the impact of adopting ASU 2020-06 on its consolidated financial statements and related disclosure. ● Impact of Recently Issued Accounting Pronouncements Simplifying the accounting for income taxes (Topic 740) In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740)-Simplifying the Accounting for Income Taxes. ASU No. 2019-12 removes certain exceptions to the general principles in Topic 740 and provides for consistent application of and simplifies generally accepted accounting principles for other areas of Topic 740 by clarifying and amending existing guidance. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The method of adoption varies depending on the component of the new rule that is being adopted. Early application is permitted. The adoption of this standard did not have a material impact on the SOS Group’s consolidated financial statements. Investments- Equity securities (Topic 321), Investments-Equity method and joint ventures (Topic 323), and Derivatives and hedging (Topic 815)-Clarifying the interactions between Topic 321, Topic 323, and Topic 815. In January 2020, the FASB issued ASU No. 2020-01, Investments-Equity securities (Topic 321), Investments-Equity method and joint ventures (Topic 323), and Derivatives and hedging (Topic 815)-Clarifying the interactions between Topic 321, Topic 323, and Topic 815. The amendments clarify the interaction of the accounting for equity investments under Topic 321 and investments accounted for under the equity method of accounting in Topic 323 and the accounting for certain forward contracts and purchased options accounted for under Topic 815. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The adoption of this standard did not have a material impact on the SOS Group’s consolidated financial statements.

Organization and Principal Ac_2

Organization and Principal Activities (Tables)	12 Months Ended
	Dec. 31, 2022
Organization and Principal Activities [Abstract]
Schedule of consolidated financial statements reflect the activities of SOS Limited	Name Background SOS Information Technology New York Inc. A New York company Incorporated on July 15, 2020 A holding company SOS NY Yong Bao Two Ltd. A British Virgin Island company Incorporated on February 29, 2020 A holding company YBT Canada XX Exchange Ltd. Digital asset exchange platform Canada XX US XX Exchange Ltd. Digital asset exchange platform US XX Future Technology Global Ltd. (HK) A 100% subsidiary of SOS Information Technology Co., Ltd. Future Technology FDW Limited A 100% subsidiary of SOS Ltd. FDW Limited China SOS Ltd. A Hong Kong limited liability company Incorporated on June 19, 2019 A holding company China SOS FD LLC A 51% owned JV with Niagara Development LLC FD LLC Qingdao SOS Investment Management Co., Ltd. A 100% subsidiary of China SOS Limited, a WOFE WFOE Qingdao SOS Investment LLP A 99% subsidiary of Qingdao SOS Investment Management Co., Ltd.(PRC) Qingdao SOS SOS Auto Service CO.,Ltd. A 99% subsidiary of Qingdao SOS Investment Management Co., Ltd.(PRC) Other Subsidiary SOS Industrial Holding Co., Ltd. A VIE of Qingdao SOS Management Consulting Co., Ltd. VIE Qingdao SOS Digital Technologies Inc.(PRC) A 100% subsidiary of Qingdao Enterprise Co. Ltd., operates insurance marketing business,10085 hot line, bankcard promotional center and SaaS service Other Subsidiary SOS Information Technology Co., Ltd. A 100% subsidiary of Qingdao Enterprise Co. Ltd., operates insurance marketing business, 10086 hot line, bankcard promotional center and SaaS service Other Subsidiary Inner Mongolia SOS Insurance Agency Co., Ltd. A 100% subsidiary of SOS Information Technology Co., Ltd, which operates insurance brokerage business within Inner Mongolia region Other Subsidiary Common Prosperity Technology Co., Ltd. A 50% subsidiary of SOS International Trading Co., Ltd. and another 50% owned by Qingdao SOS Investment LLP Other Subsidiary SOS International Trading Co., Ltd. A 100% subsidiary of SOS Information Technology Co., Ltd. Other Subsidiary SOS Ronghe Digital Technology Co., Ltd. (PRC) A 69% subsidiary of SOS Information Technology Co,. Ltd. Other Subsidiary Weigou International Trading Co., Ltd. A 99% subsidiary of Qingdao Investment LLP Other Subsidiary Shuyun International Trading Co., Ltd. A 99% subsidiary of Qingdao Investment LLP Other Subsidiary Chexiaoer Technology Co., Ltd. A 25% subsidiary of Qingdao Investment LLP and A 30% owned by SOS Auto Service Co., Ltd. Other Subsidiary Hebei S Cloud Enterprise Management Co., Ltd. A 99% subsidiary of Future Digital Investment Ltd.(Hong Kong) Other Subsidiary S International Group Limited A 100% subsidiary of SOS Limited SOS Limited S International Holdings Limited A 100% subsidiary of S International Group Limited S International Group Limited Qingdao S Investment Holding Co., Ltd. A 100% subsidiary of S International Group Limited S International Group Limited

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Practices (Tables)	12 Months Ended
	Dec. 31, 2022
Summary of Significant Accounting Policies and Practices [Abstract]
Schedule of assets and liabilities acquired	Dollars in thousands Total Purchase Price $ 9,660 Net Assets Acquired: Assets Cash and cash equivalents 13,664 Restricted cash 26,524 Accounts receivable 7,426 Inventories 8 Prepaid expenses and other current assets 110 Intangible assets 2,969 Other assets 2,682 Total Assets 53,419 Liabilities Accounts payable and accrued liabilities (49,437 ) Total Liabilities (49,437 ) Net Assets Acquired 3,982 Loss on Acquisition $ 5,679
Schedule of purchased shares	Dollars in thousands Total Selling Price $ 3,500 Net Assets Disposed: Total Assets 53,654 Total Liabilities (50,217 ) Net Assets Disposed 3,437 Income from disposal of discontinued operations $ 63
Schedule of loss on discontinued operations	Dollars in thousands Revenue $ 453 Expenses (998 ) Loss on discontinued operations $ (545 ) Dollars in thousands Revenue $ 81,977 Expenses (83,049 ) Loss on discontinued operations $ (1,072 )
Schedule of purchased shares	Dollars in thousands Total Selling Price $ 1,700 Net Assets Disposed: Total Assets 110,201 Total Liabilities (95,446 ) Net Assets Disposed 16,189 Income from disposal of discontinued operations $ 811 Dollars in thousands Total Purchase Price 17,000 Net Assets Acquired: Assets Cash and cash equivalents 4,942 Accounts receivable 2,509 Inventories 16,424 Prepaid expenses and other current assets 82,660 Fixed assets 3,059 Long term investment 607 Total assets 110,201 Liabilities Accounts payable and accrued liabilities (94,644 ) Tax recovery 972 Leasing liabilities (1,774 ) Total Liabilities (95,446 ) Accumulated Other Comprehensive Income 1,434 Net Assets Sold: 16,189 Gain on disposal 811
Schedule of estimated useful lives	Category Depreciation method Estimated useful lives Office equipment, fixtures and furniture Straight-line 5 years

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	12 Months Ended
	Dec. 31, 2022
Accounts Receivable, Net [Abstract]
Schedule of accounts receivable, net	December 31, December 31, Accounts receivable $ 2,491 $ 20,439 Allowance for doubtful accounts (59 ) (596 ) Total accounts receivable, net $ 2,432 $ 19,843 Movements of allowance for doubtful accounts are as follows: Beginning balance $ 970 $ 7 Addition (911 ) 963 Ending balance $ 59 $ 970

Other Receivables, Net (Tables)

Other Receivables, Net (Tables)	12 Months Ended
	Dec. 31, 2022
Other Receivables, Net [Abstract]
Schedule of other receivable	December 31, December 31, Deposit to non-trade suppliers $ 22,370 $ 20,796 Prepayment 203,465 145,144 Other receivables from disposal of subsidiaries - - Advance to employees 11 92 Allowance for doubtful accounts (170,842 ) (269 ) Total other receivables, net $ 55,004 $ 165,763 Movements of allowance for doubtful accounts are as follows: Beginning balance $ 654 $ 385 Addition 170,842 269 Reverse (654 ) (385 ) Ending balance $ 170,842 $ 269

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2022
Inventories [Abstract]
Schedule of inventories	Year ended Year ended December 31, December 31, 2022 2021 Finished goods $ 46,273 $ 60,587

Operating Lease Liabilities (Ta

Operating Lease Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Operating Lease Liabilities [Abstract]
Schedule of supplemental balance sheet information related to leases	Location on Face of December 31, December 31, Operating leases: Operating lease right of use assets Operating lease, right-of-use assets $ 921 $ - Current operating lease liabilities Operating lease liabilities - current $ 544 $ - Non-current operating lease liabilities Operating lease liabilities 377 - Total operating lease liabilities $ 921 $ - Weighted average remaining lease term (in years): Operating leases - 4.0 Weighted discount rate: Operating leases - 4.75 %
Schedule of maturities of lease liabilities	2022 2021 2022 $ 576 $ - 2023 384 - 2024 - - 2025 - - Total 960 - Less: Amount representing interest 39 - Present value of future minimum lease payments 921 - Less: Current obligations 544 - Long-term obligations $ 377 $ -

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment, Net [Abstract]
Schedule of property, plant and equipment	December 31, December 31, Office equipment, fixtures and furniture $ 47,793 $ 31,398 Less: Accumulated depreciation (12,992 ) (5,181 ) Less: Impairment (22,248 ) - Total $ 12,553 $ 26,217

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Intangible Assets [Abstract]
Schedule of intangible assets	Balance as of December 31, 2021 $ 14,502 Additions of intangible assets 329 Less: Impairment losses (8,425 ) Balance as of December 31, 2022 $ 6,406

Other Payables (Tables)

Other Payables (Tables)	12 Months Ended
	Dec. 31, 2022
Other Payables [Abstract]
Schedule of other payables	December 31, December 31, Payables to non-trade vendors and service providers $ 5,531 $ 1,674 Accrued salary 2 3 Others 5,548 3,644 $ 11,081 $ 5,321

Related Party Balances and Tr_2

Related Party Balances and Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Balances and Transactions [Abstract]
Schedule of related parties	Name of Related Party Relationship Nature Repayment terms December 31, 2022 December 31, 2021 Yongbao Insurance Agency Co., Ltd. and subsidiaries Common shareholder Inter-transaction Repayment in demand $ 5,800 $ - Wang Yaxian Shareholder of the Company Other receivables Repayment in demand 3,550 - Feng Weidong CTO of the Company Other receivables Repayment in demand 3,550 - Yongbao Information Technology Co., Ltd. Related Company Inter-transaction Repayment in demand - 4,705 Wu Xianlong Director of a subsidiary Account receivables & Other receivables Repayment in demand 1,900 1,901 Kong Deyu Senior management of the Company Other receivables Repayment in demand - - Li Sing Leung CFO of the Company Other receivables Repayment in demand - 8 Wang Yilin Director of China SOS Other receivables Repayment in demand - - Qingdao SOS Industry Holding Co,, Ltd Related Partyq Other receivables Repayment in demand 54,238 25,700 $ 69,038 $ 32,306 Name of Related Party Relationship Nature Repayment terms December 31, 2022 December 31, 2021 Yongbao Insurance Agency Co., Ltd. Common shareholder Inter-transaction Repayment in demand $ - $ - Wang Yilin Director of China SOS Account payables Repayment in demand 3 13 Wu Wenbin Non-executive director Account payables Repayment in demand 25 15 Li Sing Leung CFO of the Company Other payables Repayment in demand 8 8 Wang Yaxian Shareholder of the Company Other payables Repayment in demand - - Bian Jingxue Senior management of the Company Other payables Repayment in demand - - Qingdao SOS Industry Holding Co,, Ltd. Related Party Other payables Repayment in demand 607 - $ 643 $ 36

Taxes (Tables)

Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Taxes [Abstract]
Schedule of components of provision for income taxes	December 31, December 31, December 31, Current $ 536 $ 3 $ - Income tax expenses $ 536 $ 3 $ -
Schedule of reconciles china statutory rates	Year ended Year ended 2022 2021 China statutory income tax rate 25 % 25 % Preferential tax rate reduction (26 )% (26 )% Permanent difference 1 % 1 % Effective tax rate - % - %
Schedule of tax payable	December 31, December 31, VAT taxes (recoverable)/payable $ (2,436 ) $ (6,020 ) Corporate income tax (recoverable)/payable (98 ) (166 ) Other taxes payable 85 87 Total $ (2,449 ) $ (6,099 )

Shareholders_ Equity (Tables)

Shareholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Schedule of warrants outstanding and exercisable	Warrants Weighted Average Exercise Price Warrants outstanding, as of December 31, 2020 $ 212,363,343 $ 0.266 Issued 184,915,000 0.266 Warrants outstanding, as of December 31, 2021 $ 397,278,343 $ 0.266 Issued $ - $ - Warrants outstanding, as of December 31, 2022 $ 397,278,343 $ 0.266
Schedule of warrants outstanding	Warrants Outstanding Warrants Weighted Average July 1, 2020 Warrants 67,445,674 $ 0.29 5 years August 27, 2020 Warrants 53,580,020 $ 0.27 5 years November 3, 2020 Warrants 65,337,649 $ 0.281 5 years December 23, 2020 Warrants 26,000,000 $ 0.155 5 years January 7, 2021 Warrants 13,525,000 $ 1.85 5 years January 15, 2021 Warrants 23,880,000 $ 2.00 5 years February 9, 2021 Warrants 23,880,000 $ 4.05 5 years February 24, 2021 Warrants 23,880,000 $ 4.05 5 years February 11, 2021 Warrants 16,500,000 $ 7.00 5 years February 17, 2021 Warrants 2,450,000 $ 7.00 5 years February 18, 2021 Warrants 4,300,000 $ 10.00 5 years March 29, 2021 Warrants 25,000,000 $ 5.00 5 years November 9, 2021 Warrants 51,500,000 $ 1.75 5 years

Revenue Analysis and Segment _2

Revenue Analysis and Segment Information (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of disaggregated information of revenues by business lines	FY 2022 FY 2021 FY 2020 Amount Percentage Amount Percentage Amount Percentage Commodity trading 255,668 98.4 % 275,363 94.6 % - - % Cryptocurrency mining 329 0.1 % 15,427 5.3 % - - % Other 4,113 1.5 % 159 0.1 % - - % Total 260,110 100.0 % 290,949 100.0 % - - %
Schedule of reportable segment revenues	For the Years Ended December 31, 2022 2021 2020 Reportable segment revenues $ 260,026 $ 290,790 $ - Revenue, net – Commodity trading 255,575 268,489 - Revenue, net – Others 5,971 23,018 - Eliminations (1,520 ) (717 ) Cost of revenues (270,597 ) (277,879 ) - Cost of revenues-Commodity trading (250,301 ) (264,764 ) - Cost of revenues-Others (20,296 ) (13,114 ) - Eliminations - (1 ) - Reconciling Items Selling, general and administrative (189,521 ) (19,064 ) (1,893 ) Depreciation and amortization (7,960 ) (4,007 ) - Impairment of intangible assets (8,425 ) (925 ) - Interest income 424 - - Other (expense)/income (15,131 ) (9,358 ) (5,616 ) Current income tax expense (536 ) (3 ) - Net (loss)/income (230,212 ) (52,425 ) (7,509 )
Schedule of condensed consolidated statement of comprehensive loss	31-Dec-22 Subsidiaries Subsidiaries China Subsidiaries Subsidiaries SOS Ltd. China WFOE VIE Inter-company Outside Inside Conso SOS Ltd. SOS Ltd SOS Ltd WFOE VIE China China Adjustment(a) Adjustment(a) Adjustment Adjustment Elimination Adjustment(b) Adjustment Working Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ REVENUES -net - 212 - - 424 260,911 - - - - (1,521 ) - - 260,026 260,026 COST OF REVENUES - 3,273 - - 14,311 253,013 - - - - - - - 270,597 270,597 GROSS PROFIT - (3,061 ) - - (13,887 ) 7,898 - - - - (1,521 ) - - (10,571 ) (10,571 ) OPERATING EXPENSES: General and administrative 12,623 95,343 (59 ) 64,190 10,128 - - - - (1,521 ) - - 180,704 180,704 Share-based compensation 14,714 - - - - - - - - - - - - 14,714 14,714 Selling expense - - - - - 8,556 - - - - - - - 8,556 8,556 Profit ( Loss)on evaluation Total operating expenses 27,337 95,343 (59 ) - 64,190 18,684 - - - - (1,521 ) - - 203,974 203,974 INCOME FROM OPERATIONS OTHER INCOME(EXPENSE): 53 (16,111 ) (59 ) (1,630 ) 2,192 - - - - - - - (15,555 ) (15,555 ) Loss on acquisition Other income(expense),net 53 (16,111 ) (59 ) - (1,630 ) 2,192 - - - - - - - (15,555 ) (15,555 ) Interest expense - - - - 424 - - - - - - - - 424 (424 ) Total other (expenses)income, net - - - - - - - - - - - - - (15,131 ) (15,131 ) Income from investments INCOME(LOSS)BEFORE INCOME TAXES (27,284 ) (114,515 ) - - (79,283 ) (8,594 ) - - - - - - - (229,676 ) (229,676 ) INCOME TAXES - - - - - 536 - - - - - - - 536 536 NET INCOME(LOSS) - CONTINUING OPERATION (27,284 ) (114,515 ) - - (79,283 ) (9,130 ) - - - - - - - (230,212 ) (230,212 ) Non-controlling interest - - - - 1,039 (13 ) - - - - - - - 1,026 1,026 DISCONTINUED OPERATIONS: Gain from discontinued operations 17,000 - - - - (16,189 ) - - - - - - - 811 (261 ) Income from disposal of discontinued operations - - - - - (1,072 ) - - - - - - - (1,072 ) - GAIN FROM DISCONTINUED OPERATIONS - - - - - - - - - - - - - (261 ) (261 ) Equity earnings in subs outside China (10,284 ) (114,515 ) - - (78,243 ) - - - - - - - - - - Equity earnings in subs and VIES inside China - - - - - (26,405 ) - - - - - - - - - NET PROFIT(LOSS) (10,284 ) (114,515 ) - - (78,243 ) (26,405 ) - - - - - - - (229,447 ) (229,447 ) OTHER COMPREHENSIVE INCOME(LOSS) - - - - - - - - - - - - - - - Foreign currency translation adjustment - net of tax - - - - - - - - - - - - - - - COMPREHENSIVE INCOME(LOSS) - - - - - - - - - - - - - - - 31-Dec-21 SOS Ltd China WFOE VIE Subsidiaries Subsidiaries SOS Ltd. China SOS WFOE VIE Inter- Subsidiaries Subsidiaries SOS Ltd US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ REVENUES -net - 15,315 - - 718 275,475 - - - - - (718 ) - 290,790 COST OF REVENUES - 2,327 - - 3,728 271,824 - - - - - - 277,879 GROSS PROFIT - 12,988 - - (3,010 ) 3,651 - - - - - (718 ) - 12,911 OPERATING EXPENSES: General and administrative 15,713 10,340 12 - 7,574 877 (12,033 ) - - - - (718 ) - 21,765 Share-based compensation 33,537 - - - - - - - - - - - - 33,537 Selling expense - - - (3 ) - 676 - - - - - - - 673 Total operating expenses 49,250 10,340 12 (3 ) 7,574 1,553 (12,033 ) - - - - (718 ) - 55,975 INCOME FROM OPERATIONS (49,250 ) 2,648 (12 ) 3 (10,584 ) 2,098 12,033 - - - - - - (43,064 ) OTHER INCOME(EXPENSE): Other income (expense),net (5,000 ) - - - - (4,358 ) - - - - - - - (9,358 ) Total other (expenses) income, net (5,000 ) - - - - (4,358 ) - - - - - - - (9,358 ) INCOME (LOSS) BEFORE INCOME TAXES (54,250 ) 2,648 (12 ) 3 (10,584 ) (2,260 ) 12,033 - - - - - - (52,422 ) INCOME TAXES - - - - (3 ) - ) - - - - - - - (3 ) GAIN/(LOSS) FROM DISCONTINUED OPERATIONS - - - - - 3,374 - - - - - - - 3,374 Non-controlling interest - - - - - (200 ) - - - - - - - (200 ) NET PROFIT(LOSS) (54,250 ) 2,648 (12 ) 3 (10,587 ) 914 12,033 - - - - - - (49,251 ) (a) SOS Ltd. Completed a couple rounds of F3 financing. This entry is to offset legal fee against gross proceeds from registered direct offering. (b) This represents an elimination entry to set off inter-company sales from China SOS to FD LLC, which is a service cost to FD LLC. 31-Dec-20 Subsidiaries DSO-Sub Subsidiaries DSO-Sub SOS Ltd China SOS Inter- Outside Inside SOS Ltd. SOS Ltd China WFOE VIE Outside China Inside Adjustment (a) Adjustment (b) Ltd WFOE VIE company China China Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ REVENUES - - - - - 50,289 - - - - - - 50,289 COST OF REVENUES - - - - - (37,295 ) - - - - - - (37,295 ) GROSS PROFIT - - - - - 12,994 - - - - - - - - 12,994 OPERATING EXPENSES: - General and administrative (897 ) (2 ) (3 ) - - (1,047 ) - (452 ) - - - - - - (2,401 ) Share-based compensation (506 ) - - - - - - - - - - - - - (506 ) Total operating expenses (1,403 ) (2 ) (3 ) - - (1,047 ) - (452 ) - - - - - - (2,907 ) INCOME FROM OPERATIONS (1,403 ) (2 ) (3 ) - - 11,947 - (452 ) - - - - - - 10,087 OTHER INCOME(EXPENSE): - Loss on acquisition - - - - - - (5,679 ) - - - - - - - (5,679 ) Other income(expense),net - - - - - 625 - - - - - - - - 625 Total other (expenses) income, net - - - - - 625 (5,679 ) - - - - - - - (5,054 ) INCOME(LOSS) BEFORE INCOME TAXES (1,403 ) (2 ) (3 ) - - 12,572 (5,679 ) (452 ) - - - - - - 5,033 INCOME TAXES - - - - - (147 ) - - - - - - - - (147 ) NET INCOME(LOSS) - CONTINUING OPERATION (1,403 ) (2 ) (3 ) - - 12,425 (5,679 ) (452 ) - - - - - - 4,886 - DISCONTINUED OPERATIONS: Loss from discontinued operations - - - (545 ) - - - - - - - (545 ) Income from disposal of discontinued operations - - - - 63 - - - - - - - 63 LOSS FROM DISCONTINUED OPERATIONS - - - - - - (482 ) - - - - - - - (482 ) - - - - - - - - NET PROFIT(LOSS) (1,403 ) (2 ) (3 ) - - 12,425 (6,161 ) (452 ) - - - - - - 4,404 OTHER COMPREHENSIVE INCOME(LOSS) - - - - - - - - - - - - - - - Foreign currency translation adjustment - net of tax - - - - - 874 - - - - - - - - 874 COMPREHENSIVE INCOME(LOSS) (1,403 ) (2 ) (3 ) - - 13,299 (6,161 ) (452 ) - - - - - - 5,278 (a) SOS disposed off the legacy business in August 2020, it incurred a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million ; (b) SOS picked up legal expenses paid by China SOS for the amount of $0.45 million.
Schedule of condensed consolidated statement of financial position	31-Dec-22 Subsidiaries Subsidiaries Subsidiaries Subsidiaries China Inter-company Outside Inside SOS Ltd. SOS Ltd. China WOFE VIE Outside Inside SOS Ltd. SOS Ltd. WOFE VIE elimination China China Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ ASSETS Current assets: Cash and cash equivlaents 7,193 154,568 883 - 41,049 55,799 - - - - - - - 259,492 Accounts receivable,net - - - - 16 2,416 - - - - - - - 2,432 Other receivables - net (1,659 ) (90,417 ) - - (39,345 ) 10,819 - - - - (902 ) - - (121,504 ) Amount due from related parties 17,000 900 - - 8,100 43,038 - - - - - - - 69,038 Inter-company receivable 151,010 24,989 294,670 - (135,864 ) (334,805 ) - - - - - - - - Inventory - - - - - 46,273 - - - - - - - 46,273 Tax recoverable 16 - - (7 ) 2,534 - - - - - - - 2,543 Total current assetes 173,560 90,040 295,553 - (126,051 ) (173,926 ) - - - - (902 ) - - 258,274 Non-current assets: Operating lease, right-of-use assets - - - - 921 - - - - - - - - 921 Property equipment and software,net - 4,462 - - 7,999 92 - - - - - - - 12,553 Goodwill 72 72 Intangible assets - 6,289 - - 117 - - - - - - - - 6,406 Long-term investments (19 ) - - - - 19 - - - - - - - - Investment in subsidiaries outside China - - - - - - - - - - - - - - Investment in WFOE (314,335 ) 314,335 - - - - - - - - - - - - Investment in China SOS (64,794 ) - - - 64,794 - - - - - - - - - Prepaid expense - Advance payments 6,400 90,417 11 41,445 38,235 - - - - - - - 176,508 Total non-current assets (372,676 ) 415,503 11 - 115,276 38,346 - - - - - - - 196,460 Total assets (199,116 ) 505,543 295,564 - (10,775 ) (135,580 ) - - - - (902 ) - - 454,734 31-Dec-22 Subsidiaries Subsidiaries Subsidiaries Subsidiaries China Inter-company Outside Inside SOS Ltd. SOS Ltd. China WOFE VIE Outside Inside SOS Ltd. SOS Ltd. WOFE VIE elimination China China Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ LIABILITIES AND EQUITY Current liabilities: Liabilities: Accounts payble - 11,359 - - 406 1,069 - - - - - - - 12,834 Amount due to related parties 622 -- 1 - 19 1 - - - - - - - 643 Operating lease liability-current - - - - 544 - - - - - - - - 544 Advance from customers - - - - - 20,385 - - - - - - - 20,385 Payroll payable - - - - - 2 - - - - - - - 2 Tax payable - - - - 2 92 - - - - - - - 94 Other payables 241 153,976 - - 6,693 (148,929 ) - - - - (902 ) - - 11,079 Total current liabilities 863 165,335 1 - 7,664 (127,380 ) - - - - (902 ) - - 45,581 Operating lease liabilty-noncurrent - - - - 377 - - - - - - - - 377 Total non-current liability - - - - 377 - - - - - - - - 377 Total liabilities 863 165,335 1 - 8,041 (127,380 ) - - - - (902 ) - - 45,958 Non-controlling interest - - - - (841 ) 15 - - - - - -- (826 ) Shareholder’s equity Paid up capital (818,741 ) 452,078 295,491 70,950 596 - - - - - - - 374 Additional paid-in capital 191,536 - - - - 7 - - - - 513,945 - 705,488 Statutory Reserve 513,945 - - - - 59 - - - - (513,945 ) 59 Retained earnings (60,680 ) (111,870 ) 73 - (88,925 ) (11,518 ) - - - - - - - (272,920 ) Accumulated other comprehensive income (loss) (26,039 ) - (1 ) - - 2,641 - - - - - - - (23,399 ) Total Shareholders’ equity (199,979 ) 340,208 295,563 - (17,975 ) (8,215 ) - - - - - - - 409,602 Total Liabilities and shareholders’ equity (199,116 ) 505,543 295,564 - (10,775 ) (135,580 ) - - - - (902 ) - - 454,734 31-Dec-21 Subsidiaries China Subsidiaries Subsidiaries SOS Ltd. Inter-company Inside China SOS Ltd. SOS SOS WOFE VIE Outside China Inside China Adjustement(a) Adjustement(b) Adjustement(c) Adjustement(d) Adjustement(e) Adjustement(f) elimination(g) Adjustment Consolidated total US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ ASSETS Current assets: Cash and cash equivalents 12,301 160,091 4,164 2 101,210 49,358 - - - - - - - - 327,126 Accounts receivable, net - - - - - 19,843 - - - - - - - - 19,843 Other receivables - net 67,962 16,902 - - 345 477 - - - - - - (79,391 ) - 6,295 Amount due from related parties - 900 - - 1,000 30,406 - - - - - - - - 32,306 Inter-company receivable 19,791 (153,855 ) 311,415 (2 ) (19,791 ) (196,737 ) 0 39,179 3,578 - - - - (3,578 ) - Inventory - - - - - 60,587 - - - - - - - - 60,587 Intangible assets 14,502 14,502 Advance payments 6,400 97,115 - - 300 55,653 - - - - - - - - 159,468 Tax recoverable - - - - - 6,099 - - - - - - - - 6,099 Assets related to discontinued operation - - - - - 37,281 - - - - - - - - 37,281 Total current assets 120,956 121,153 315,579 - 83,064 62,967 0 39,179 3,578 - - - (79,391 ) (3,578 ) 663,507 Non-current assets: Operating lease, right-of-use assets - - - - - 3,401 - - - - - - - - 3,401 Property equipment and - 9,844 - - 16,373 - - - - - - - - - 26,217 Goodwill - - - - - 72 - - - - - - - - 72 Investment in subsidiaries outside 374,463 - - - - - (374,463 ) - - - - - - Investment in WFOE - 310,205 - - - - (310,205 ) - - - - - - - Investment in China SOS - - - - 64,794 - - - - - (64,794 ) - - - Assets related to discontinued operation - - - - - 5,504 - - - - - - - 5,504 Total non-current assets 374,463 320,049 - - 81,167 5,576 (310,205 ) (374,463 ) - - (64,794 ) - - 31,793 Total assets 495,419 441,202 315,579 - 164,231 68,543 (310,205 ) (335,284 ) 3,578 0 - (64,794 ) (79,391 ) (3,578 ) 695,300 LIABILITIES AND EQUITY Current liabilities: Liabilities: Accounts payable - 11,376 - - - - - - - - - - - - 11,376 Amount due to related parties 15 - 2 - 18 - - - - - - - - - 35 Advance from customers - - - - - 19,309 - - - - - - - - 19,309 Payroll payable - - - - 1 - - - - - - - - 1 Other payables 5,141 (24,879 ) 47 - 5,093 23,447 - - (3,528 ) - -79,391 - 5,321 Liabilitiess related to discontinued operation - - - - - 23,771 - - - - - - 23,771 Total current liabilities 5,156 (13,520 ) 49 - 5,112 145,935 - - (3,528 ) - (79,391 ) - 59,813 Liabilitiess related to discontinued operation - - - - - 1,918 - - - - - - - - 1,918 Total non-current liability - - - - - 1,918 - - - - - - - - 1,918 Total liabilities 5,156 (13,520 ) 49 - 5,112 147,853 - - (3,528 ) - - (79,391 ) 0 61,731 Shareholder’s equity - - Paid up capital 427,236 452,076 315,546 - 98,760 (94,351 ) (310,205 ) (374,448 ) 7,106 (453,082 ) (64,794 ) (3,578 ) 266 Additional paid-in capital 119,147 - - - - 10 - 39,164 - - 514,065 - - - 672,386 Retained earnings (56,120 ) 2,646 (15 ) - 60,359 14,831 - - - - (65,113 ) - - - (43,413 ) Accumulated other comprehensive - - - - - - - - - - 4,130 - - - 4,130 Non-controlling interest - - - - - 200 - - - - - - - - 200 Total Shareholders’ equity 490,263 454,722 315,531 - 159,119 (79,310 ) (310,205 ) (335,284 ) 7,106 0 - (64,794 ) - (3,578 ) 633,569 Total Liabilities and shareholders’ 495,419 441,202 315,580 - 164,231 68,543 (310,205 ) (335,284 ) 3,578 0 - (64,794 ) (79,391 ) (3,578 ) 695,300 (a) SOS placed private equity from a number of investors, SOSINT received it on behalf of SOS. This entry represents that SOS is to pick it up by increasing paid-up & additional paid-up capital by going through inter-company account; (b) This entry is to eliminate China SOS’s investment in WFOE against WFOE’s paid-up capital, additional paid-up capital and retained earning if any; (c) This entry is to eliminate SOS’s investment in China SOS against China SOS’s paid-up capital, additional paid-up capital and retained earning if any; (d) China SOS received F3 financing net of issuance expenses on behalf of SOS. This entry is to increase SOS’s paid-up capital & additional paid-up capital by going through inter-company account to offset other receivables and other payable; (e) This entry is to re-classify paid-up capital to additional capital by Register of members reconciliation table and re-classify between retained earnings and additional paid-up capital; (f) This entry is to eliminate SOSNY’s investment in China SOS against China SOS’s paid-up capital, additional paid-up capital and retained earning if any; (g) This entry represents an inter-company elimination entry between SOS and SOSNY. 31-Dec-20 China Subsidiaries DSO-Sub SOS Ltd. China WFOE Inter- Subsidiaries DSO-Sub SOS Ltd. SOS SOS WFOE VIE Outside Inside Adjustment Adjustment SOS Ltd. Adjustment VIE elimination China Adjustment Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ ASSETS Current assets: Cash and cash equivalents 1 268 3,304 2 - 147 - - - - - - - - 3,722 Accounts receivable, net - - - - - 10,235 - - - - - - - - 10,235 Other receivables - net 102 - 100 - - 43,671 - 3,500 - - - - - - 47,373 Amount due from related parties - - - - - 3,693 - - - - - - - - 3,693 Inter-company receivable (c) - - - - - (38,429 ) - - - - 38,429 - - - Total current assets 103 268 3,404 2 - 57,746 (38,429 ) 3,500 - - - 38,429 - - 65,023 Non-current assets: Operating lease, right-of-use assets - - - - - 4,158 - - - - - - - - 4,158 Property equipment and software, net -- - - - - 509 - - - - - - - - 509 Investment in WFOE (d) - 3,391 - - - - - - (3,391 ) - - - - - Investment in subsidiaries inside China (e) - - - - - 644 - - - - - - - (644 ) - Goodwill - - - - - - - - - - - - 72 72 Total non-current assets - 3,391 - - - 5,311 - - - (3,391 ) - - - (572 ) 4,739 Total assets 103 3,659 3,404 2 - 63,057 (38,429 ) 3,500 - (3,391 ) - 38,429 - (572 ) 69,762 LIABILITIES AND EQUITY Current liabilities: Liabilities: Accounts payable - - - - - 1,078 - - - - - - - - 1,078 Amount due to related parties - - - - - 1,909 - - - - - - - - 1,909 Inter-company payable - - - - - - - - - - - - - - Operating lease liability-current - - - - - 834 - - - - - - - - 834 Contract liability - - - - - 610 - - - - - - - - 610 Tax payable - - - - - 665 - - - - - - - - 665 Other payables - 100 2 2 - 40,007 - - - - - (38,429 ) - - 1,681 Total current liabilities - 100 2 2 - 45,103 - - - - - (38,429 ) - - 6,777 Operating lease liability-noncurrent - - - - - 2,749 - - - - - - - - 2,749 Total non-current liability - - - - - 2,749 - - - - - - - - 2,749 Total liabilities - 100 2 2 - 47,852 - - - - - (38,429 ) - - 9,526 Shareholder’s equity - - - Paid up capital (1 ) 3 - - - - 46 12 - - - - - - 60 Additional paid-in capital 1,960 3,558 3,406 - - 590 38,383 9,649 - (3,406 ) - - - (540 ) 53,600 Retained earnings (1,856 ) (2 ) (3 ) - - 13,903 - (6,161 ) - 3 - - - (46 ) 5,838 Accumulated other comprehensive income (loss) - - - - - 712 - - - 12 - - - 14 738 Total Shareholders’ equity 103 3,559 3,402 - - 15,205 38,429 3,500 - (3,391 ) - - - (570 ) 60,236 Total Liabilities and shareholders’ equity 103 3,659 3,404 2 - 63,057 38,429 3,500 - (3,391 ) - (38,429 ) - (570 ) 69,762 (a) SOSIT received fund on behalf of SOS; it was the proceeds net of legal expenses paid by private equity investors, equivalent to $38.42 million. Together with (c) it is proposed to offset account receivable and account payable for the same amount via inter-company account; (b) SOS disposed off the legacy business in August 2020, it incurred a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million; It was acquired previously in June 2020 by issuing class A common share for the amount of $9.66 million; (c) Together with (b), another half of the elimination of inter-company receivable from SOS and inter-company payable from SOSIT for the same amount of $38.42 million; (d) This entry is to eliminate China SOS’s long-term investment at initial cost in WFOE against WFOE’s paid-up capital, additional paid-up capital and retained earnings etc; (e) This entry is also an elimination entry to knock off SOSIT’s long-term investment at cost in IMSOS against IMSOS’s paid-up capital, additional capital and retained earning etc. (h) Subsidiaries inside China include WOFE, SOSIT and Inner Monogolia SOS Insurance Co., Ltd., all belongs to disposed group
Schedule of condensed consolidated statement of cash flow	31-Dec-22 Subsidiaries Subsidiaries SOS Ltd. SOS Ltd. China WFOE VIE Outside inside Consolidation Consolidation Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ CASH FLOWS FROM OPERATING ACTIVITIES Net (loss) (10,284 ) (114,515 ) - - (78,243 ) (26,405 ) - - (229,447 ) Net (loss) from discontinued operation - - - - - (261 ) - - (261 ) Net loss from continuing operation (10,284 ) (114,515 ) - (78,243 ) (26,144 ) - - (229,186 ) Adjustments to reconcile net income net cash used in operating activities: - Depreciation of property, plant and equipment - 3,143 - - 4,783 34 - - 7,960 Depreciation of ROU - - - - 693 - - - 693 Accretion of finance leases - - - - 75 - - - 75 Share-based compensation 14,714 - - - - - - - 14,714 Allowance for doubtful accounts - accounts receivable - - - - - (500 ) - - (500 ) Allowance for doubtful accounts - other receivable 9,422 92,817 - - 12,402 56,201 - - 170,842 Impairment of cryptocurrencies - 8,425 - - - - - - 8,425 Impairment of Mining Equipment - 7,686 - - 14,562 2,795 - - 25,043 Inventory mark down - - - - - 16,786 - - 16,786 Loss on acquisition - - - - - - - - - Income from disposal of discoutinued opeations - - - - - - - - - Inventory - - - (16 ) (5,251 ) - (5,267 ) Changes in operating assets and liabilities - - - - - - - - - Accounts receivable - - - - - 17,911 - - 17,911 Other receivables 81,100 (39,738 ) - - (90,554 ) (10,891 ) - - (60,083 ) Inter-company account (114,794 ) (22,758 ) (294,670 ) 132,373 299,849 - - - Amount due from related parties (20,830 ) (113,769 ) 212,863 (2 ) (47,708 ) (79,350 ) (4,937 ) - (53,732 ) Intangible assets - (212 ) - - (117 ) - - - (329 ) Accrued liabilities - - - - - 1,076 - - 1,076 31-Dec-22 Subsidiaries Subsidiaries SOS Ltd. SOS Ltd. China WFOE VIE Outside inside Consolidation Consolidation Consolidated US$ US$ US$ US$ US$ US$ US$ US$ US$ Tax payables - - - - - 3,650 - - 3,650 Accounts payable - - - - 407 1,051 - - 1,458 Other payables 100 178,855 78,525 1,600 (253,320 ) - - 5,760 Amount due to related parties - - - - - 607 - - 607 Contract liabilities - - - - - - - - - Lease liability - - - - 921 - - - 921 Net Cash used in Operating Activities - Continuing Operations (40,572 ) (66 ) (3,282 ) (2 ) (48,822 ) 24,504 (4,936 ) - (73,176 ) Net Cash generated from Operating Activities - Discontinued Operations - - - - - 261 - - 261 CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property, equipment and equipment - (5,458 ) - - (10,572 ) - - - (16,030 ) Investment in equity - Proceed from disposals of discontiuned operations - - - - - - - - - Net cash (used in) generated from investing activities - (5,458 ) - - (10,572 ) - - - (16,030 ) CASH FLOWS FROM FINANCING ACTIVITIES Proceed from share issuance, net of issuance costs 18,463 - - - - - - - 18,463 Proceed from private equity placement, net of issuance costs - - - - - - - - - Repayment of principle portion of lease liabilities - - - - (768 ) - - - (768 ) Proceeds from disposal of subsidiaries 17,000 - - - - - - - 17,000 Net cash generated from (used in) financing activities 35,463 - - - (768 ) - - - 34,695 - EFFECT OF EXCHANGE RATES ON CASH - - - - - (24,284 ) - - (24,284 ) Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent (5,109 ) (5,524 ) (3,282 ) (2 ) (60,162 ) 481 (4,936 ) - (78,534 ) CASH AND CASH EQUIVALENTTS, beginning of year 12,301 160,091 4,164 2 101,210 60,259 - - 338,026 CASH AND CASH EQUIVALENTTS, end of year 7,193 154,568 883 - 41,049 60,741 - - 264,434 31-Dec-21 China Subsidiaries Outside Subsidiaries inside Consolidation Consolidation SOS Ltd. Consolidated SOS Ltd. SOS Ltd. WFOE VIE China China Adjustments(a) Adjustments(b) total US$ US$ US$ US$ US$ US$ US$ US$ US$ CASH FLOWS FROM OPERATING ACTIVITIES Net (loss) (54,250 ) 2,648 (12 ) 3 (10,584 ) 911 - 12,033 (49,251 ) Net income from discontinued operation - - - - - 3,374 - - 3,374 Net (loss)/income from continuing operation (54,250 ) 2,648 (12 ) 3 (10,584 ) (2,463 ) - 12,033 (52,625 ) Adjustments to reconcile net income net cash used in operating activities: - Depreciation of property, plant and equipment - - - - - 4,007 - - 4,007 Depreciation of ROU - - - - - 843 - - 843 Share-based compensation 33,537 - - - - - - - 33,537 Accretion of finance leases - - - - - 152 - - 152 Allowance for doubtful accounts - accounts receivable - - - - - 963 - - 963 Allowance for doubtful accounts - other receivable - - - - - 269 - - 269 Impairment of cryptocurrencies - - - - 925 - - - 925 Accounts receivable - - - - - (19,843 ) - - (19,843 ) Other receivables (9,522 ) (99,516 ) - - (595 ) (52,300 ) - - (161,933 ) Inter-company account (99,132 ) 128,855 (311,415 ) - 84,650 197,042 - - - Amount due from related parties (900 ) (2 ) 1,000 (32,404 ) (32,306 ) Intangible assets - (14,502 ) - - - - - - (14,502 ) Accrued liabilities - - - - 3 19,306 - - 19,309 Inventory - - - - - (60,587 ) - - (60,587 ) Tax payables - - - - - (6,099 ) - - (6,099 ) Accounts payable - 11,359 - - - 17 - - 11,376 Other payables 5,141 121 47 - - 12 - - 5,321 Amount due to related parties 15 - - - 9 2 - - 26 Net cash (used in) generated from operating activities (124,211 ) 28,065 (311,382 ) 3 75,408 48,917 - 12,033 (271,167 ) Net cash （used in）in generating from discountinued operating activities: - - - - - 52,604 - - 52,604 CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property, equipment and equipment - (11,358 ) - - (16,922 ) (4,754 ) - - (33,034 ) Investment in equity (374,463 ) (310,205 ) - - (64,794 ) (657 ) 750,119 - - Net cash (used in) generated from investing activities (374,463 ) (321,563 ) - - (81,716 ) (5,411 ) 750,119 - (33,034 ) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of principle portion of lease liabilities - - - - - (1,764 ) - - (1,764 ) Proceed from share issuance, net of issuance costs 510,271 452,076 315,547 - 110,523 (40,426 ) (750,119 ) (12,033 ) 585,839 Proceed from private equity placement, net of issuance costs - - - - - - - - - Net cash generated from (used in) financing activities 510,271 452,076 315,547 - 110,523 (42,190 ) (750,119 ) (12,033 ) 584,075 - EFFECT OF EXCHANGE RATES ON CASH - - (1 ) - (98 ) 1,925 - - 1,826 Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent 11,597 158,578 4,164 3 104,117 55,845 - - 334,304 CASH AND CASH EQUIVALENTTS, beginning of year 1 - - - - 3,721 - - 3,722 CASH AND CASH EQUIVALENTTS, end of year 11,598 158,578 4,164 3 104,117 59,566 - - 338,026 (a) This entry is to eliminate investment against equity accounts; (b) This entry is to offset legal expenses against gross proceeds from direct public offerings. Subsidiaries DSO-Sub Consolidation Consolidation SOS Ltd. SOS Ltd. China WFOE VIE Outside Inside Adjustment Adjustment Consolidated total US$ US$ US$ US$ US$ US$ US$ US$ US$ CASH FLOWS FROM OPERATING ACTIVITIES Net (loss) (1,403 ) (2 ) (3 ) - - 12,425 (452 ) (6,161 ) 4,404 Adjustments to reconcile net income net cash used in operating activities: Depreciation of property, plant and equipment - - - - - 2 - - 2 Share-based compensation 506 - - - - - - - 506 Allowance for doubtful accounts - accounts receivable - - - - - 1 - - 1 Allowance for doubtful accounts - other receivable - - - - - 158 - - 158 Loss on acquisition - - - - - - - 5,679 5,679 Income from disposal of discontinued operations - - - - - - - (63 ) (63 ) Changes in operating assets and liabilities Accounts receivable - - - - - (2,065 ) - - (2,065 ) Other receivables - - - - - (36,019 ) - - (36,019 ) Amount due from related parties - - - - - (2,871 ) - - (2,871 ) Tax payables - - - - - 292 - - 292 Accounts payable - - - - - (11,940 ) - - (11,940 ) Other payables - 100 - - - 1,384 - - 1,484 Amount due to related parties - - - - - (3,666 ) - - (3,666 ) Contract liabilities - 546 - - 546 Net cash (used in) generated from operating activities (897 ) 98 (3 ) - - (41,753 ) (452 ) (545 ) (43,552 ) CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property, equipment and equipment - - - - - (501 ) - - (501 ) Investment in equity - (3,391 ) 3,391 - - 0 - - - Proceed from disposals of discontinued operations - - - - - 3,500 - - 3,500 Net cash (used in) generated from investing activities - (3,391 ) 3,391 - - 2,999 - - 2,999 CASH FLOWS FROM FINANCING ACTIVITIES Proceed from share issuance, net of issuance costs - 3,578 - - - - - - 3,578 Proceed from private equity placement, net of issuance costs 1,000 - - - - 38,973 - - 39,973 Net cash generated from (used in) financing activities 1,000 3,578 - - - 38,973 - - 43,551 EFFECT OF EXCHANGE RATES ON CASH (1 ) (17 ) (84 ) - - 785 - - 683 NET CASH CHANGES IN CASH AND CASH EQUIVALENTS 102 268 3,304 - - 1,004 (452 ) (545 ) 3,681 CASH AND CASH EQUIVALENTTS, beginning of year 1 - - - - 40 - - 41 CASH AND CASH EQUIVALENTTS, end of year 103 268 3,304 - - 1,044 (452 ) (545 ) 3,722 (a) SOS picks up the legal expense of $0.45 million paid by China SOS, this increase the net loss of SOS by the same amount; (b) To reflect the impact of SOS’s disposition of XRF’s fintech business on cash flow: a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million.

Organization and Principal Ac_3

Organization and Principal Activities (Details) - USD ($) $ in Millions		1 Months Ended	12 Months Ended
	Aug. 03, 2020	May 31, 2017	Dec. 31, 2022
Organization and Principal Activities (Details) [Line Items]
Issuance of consumer credit			$ 1
Variable interest entity			100%
XRF Subsidiaries [Member]
Organization and Principal Activities (Details) [Line Items]
Exchange for cash consideration	$ 3.5
American Depository Shares [Member] | IPO [Member]
Organization and Principal Activities (Details) [Line Items]
Sold of ADS shares (in Shares)		11,500,000

Organization and Principal Ac_4

Organization and Principal Activities (Details) - Schedule of consolidated financial statements reflect the activities of SOS Limited	12 Months Ended
	Dec. 31, 2022
SOS Information Technology New York Inc. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A New York company Incorporated on July 15, 2020 A holding company
Activities	SOS NY
Yong Bao Two Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A British Virgin Island company Incorporated on February 29, 2020 A holding company
Activities	YBT
Canada XX Exchange Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	Digital asset exchange platform
Activities	Canada XX
US XX Exchange Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	Digital asset exchange platform
Activities	US XX
Future Technology Global Ltd. (HK) [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of SOS Information Technology Co., Ltd.
Activities	Future Technology
FDW Limited [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of SOS Ltd.
Activities	FDW Limited
China SOS Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A Hong Kong limited liability company Incorporated on June 19, 2019 A holding company
Activities	China SOS
FD LLC [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 51% owned JV with Niagara Development LLC
Activities	FD LLC
Qingdao SOS Investment Management Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of China SOS Limited, a WOFE
Activities	WFOE
Qingdao SOS Investment LLP [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 99% subsidiary of Qingdao SOS Investment Management Co., Ltd.(PRC)
Activities	Qingdao SOS
SOS Auto Service CO.,Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 99% subsidiary of Qingdao SOS Investment Management Co., Ltd.(PRC)
Activities	Other Subsidiary
SOS Industrial Holding Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A VIE of Qingdao SOS Management Consulting Co., Ltd.
Activities	VIE
Qingdao SOS Digital Technologies Inc.(PRC) [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary  of Qingdao Enterprise Co. Ltd., operates insurance marketing business,10085 hot line, bankcard promotional center and SaaS service
Activities	Other Subsidiary
SOS Information Technology Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of Qingdao Enterprise Co. Ltd., operates insurance marketing business, 10086 hot line, bankcard promotional center and SaaS service
Activities	Other Subsidiary
Inner Mongolia SOS Insurance Agency Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of SOS Information Technology Co., Ltd, which operates insurance brokerage business within Inner Mongolia region
Activities	Other Subsidiary
Common Prosperity Technology Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 50% subsidiary of SOS International Trading Co., Ltd. and another 50% owned by Qingdao SOS Investment LLP
Activities	Other Subsidiary
SOS International Trading Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of SOS Information Technology Co., Ltd.
Activities	Other Subsidiary
SOS Ronghe Digital Technology Co., Ltd. (PRC) [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 69% subsidiary of SOS Information Technology Co,. Ltd.
Activities	Other Subsidiary
Weigou International Trading Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 99% subsidiary of Qingdao Investment LLP
Activities	Other Subsidiary
Shuyun International Trading Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 99% subsidiary of Qingdao Investment LLP
Activities	Other Subsidiary
Chexiaoer Technology Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 25% subsidiary of Qingdao Investment LLP and A 30% owned by SOS Auto Service Co., Ltd.
Activities	Other Subsidiary
Hebei S Cloud Enterprise Management Co., Ltd [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 99% subsidiary of Future Digital Investment Ltd.(Hong Kong)
Activities	Other Subsidiary
S International Group Limited [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of  SOS Limited
Activities	SOS Limited
S International Holdings Limited [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of  S International Group Limited
Activities	S International Group Limited
Qingdao S Investment Holding Co., Ltd. [Member]
Schedule of consolidated financial statements reflect the activities of SOS Limited [Abstract]
Background	A 100% subsidiary of  S International Group Limited
Activities	S International Group Limited

Summary of Significant Accoun_3

Summary of Significant Accounting Policies and Practices (Details) - USD ($)		1 Months Ended	12 Months Ended
	Aug. 03, 2020	May 18, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Nov. 02, 2022
Summary of Significant Accounting Policies and Practices (Details) [Line Items]
Agreement term			20 years
Ordinary share par value (in Dollars per share)		$ 0.193
Purchase price			$ 9,700,000
Outstanding stock percentage			100%
Outstanding stock valued			$ 9,700,000
Stock exchanged shares (in Shares)			72,636,230
Market price per share (in Dollars per share)			$ 0.133
Total loss		$ 5,700,000
Cash consideration	$ 3,500,000
Total gain	$ 63,000
Total loss						$ 800,000
Purchase price			$ 17,000,000
Accumulated other comprehensive income (loss)			$ 23,618,746,000	$ 4,130,440,000
Description of translation adjustments			The balance sheet amounts, with the exception of shareholders’ equity at December 31, 2022, 2021 were translated at 6.8972, 6.3757 RMB, respectively. The shareholders’ equity accounts were stated at their historical rate. The average translation rates applied to statement of income accounts for the years ended December 31, 2022, 2021 and 2020 were6.7290 RMB, 6.4512 RMB and 6.6174 RMB to $1.00, respectively.
Goodwill					$ 71,977,000
Digital assets			$ 6,406,078
Impairment losses			$ 8,424,858
Asset, description			As of December 31, 2022, 174.28 units of bitcoin held as digital currencies is about $2,881,077 fair value and 2,949.79 units of ethereum held as digital currencies is approximately $3,525,001 fair vale
Value added taxes percentage			6%
Remaining lease term			5 years
Dilutive share (in Shares)				2,298,577,369	488,960,010
SOS [Member]
Summary of Significant Accounting Policies and Practices (Details) [Line Items]
Owns percentage			100%
International Holdings Limited [Member]
Summary of Significant Accounting Policies and Practices (Details) [Line Items]
Owns percentage			100%
Investment Holding Limited [Member]
Summary of Significant Accounting Policies and Practices (Details) [Line Items]
Owns percentage			100%
SOS Industrial Holding Co [Member]
Summary of Significant Accounting Policies and Practices (Details) [Line Items]
Owns percentage			100%
Class A ordinary shares [Member]
Summary of Significant Accounting Policies and Practices (Details) [Line Items]
Private placement transactions share (in Shares)		37,985,203
Class B ordinary shares [Member]
Summary of Significant Accounting Policies and Practices (Details) [Line Items]
Private placement transactions share (in Shares)		3,465,574

Summary of Significant Accoun_4

Summary of Significant Accounting Policies and Practices (Details) - Schedule of assets and liabilities acquired $ in Thousands	Dec. 31, 2022 USD ($)
Schedule of assets and liabilities acquired [Abstract]
Total Purchase Price	$ 9,660
Assets
Cash and cash equivalents	13,664
Restricted cash	26,524
Accounts receivable	7,426
Inventories	8
Prepaid expenses and other current assets	110
Intangible assets	2,969
Other assets	2,682
Total Assets	53,419
Accounts payable and accrued liabilities	(49,437)
Total Liabilities	(49,437)
Net Assets Acquired	3,982
Loss on Acquisition	$ 5,679

Summary of Significant Accoun_5

Summary of Significant Accounting Policies and Practices (Details) - Schedule of assets and liabilities disposed - Disposal [Member] $ in Thousands	Dec. 31, 2022 USD ($)
Schedule of assets and liabilities disposed [Abstract]
Total Selling Price	$ 3,500
Net Assets Disposed:
Total Assets	53,654
Total Liabilities	(50,217)
Net Assets Disposed	3,437
Income from disposal of discontinued operations	$ 63

Summary of Significant Accoun_6

Summary of Significant Accounting Policies and Practices (Details) - Schedule of loss on discontinued operations - Discontinued Operations [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue	$ 81,977	$ 453
Expenses	(83,049)	(998)
Loss on discontinued operations	$ (1,072)	$ (545)

Summary of Significant Accoun_7

Summary of Significant Accounting Policies and Practices (Details) - Schedule of purchased shares $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Schedule Of Purchased Shares Abstract
Total Selling Price	$ 1,700
Total Assets	110,201
Total Liabilities	(95,446)
Net Assets Disposed	16,189
Income from disposal of discontinued operations	811
Total Purchase Price	17,000
Cash and cash equivalents	4,942
Accounts receivable	2,509
Inventories	16,424
Prepaid expenses and other current assets	82,660
Fixed assets	3,059
Long term investment	607
Accounts payable and accrued liabilities	(94,644)
Tax recovery	972
Leasing liabilities	(1,774)
Accumulated Other Comprehensive Income	1,434
Net Assets Sold:	16,189
Gain on disposal	$ 811

Summary of Significant Accoun_8

Summary of Significant Accounting Policies and Practices (Details) - Schedule of estimated useful lives - Office equipment, fixtures and furniture [Member]	12 Months Ended
	Dec. 31, 2022
Schedule of estimated useful lives [Abstract]
Depreciation method	Straight-line
Estimated useful lives	5 years

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Details) - Schedule of accounts receivable, net - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of accounts receivable, net [Abstract]
Accounts receivable	$ 2,491	$ 20,439
Allowance for doubtful accounts	(59)	(596)
Total accounts receivable, net	2,432	19,843
Movements of allowance for doubtful accounts are as follows:
Beginning balance	970	7
Addition	(911)	963
Ending balance	$ 59	$ 970

Other Receivables, Net (Details

Other Receivables, Net (Details) - Schedule of other receivable - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of other receivable [Abstract]
Deposit to non-trade suppliers	$ 22,370	$ 20,796
Prepayment	203,465	145,144
Other receivables from disposal of subsidiaries
Advance to employees	11	92
Allowance for doubtful accounts	(170,842)	(269)
Total other receivables, net	55,004	165,763
Beginning balance	654	385
Addition	170,842	269
Reverse	(654)	(385)
Ending balance	$ 170,842	$ 269

Inventories (Details) - Schedul

Inventories (Details) - Schedule of inventories - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of inventories [Abstract]
Finished goods	$ 46,273	$ 60,587

Operating Lease Liabilities (De

Operating Lease Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease expense	$ 1,221,081	$ 996,614	$ 338,381

Operating Lease Liabilities (_2

Operating Lease Liabilities (Details) - Schedule of supplemental balance sheet information related to leases - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating leases:
Operating lease, right-of-use assets, description	Operating lease, right-of-use assets
Operating lease right of use assets	$ 921
Operating lease liabilities - current, description	Operating lease liabilities - current
Current operating lease liabilities	$ 544
Operating lease liabilities, description	Operating lease liabilities
Non-current operating lease liabilities	$ 377
Total operating lease liabilities	$ 921
Weighted average remaining lease term (in years):
Operating leases		4 years
Weighted discount rate:
Operating leases		4.75%

Operating Lease Liabilities (_3

Operating Lease Liabilities (Details) - Schedule of maturities of lease liabilities - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of maturities of lease liabilities [Abstract]
2022	$ 576
2023	384
2024
2025
Total	960
Less: Amount representing interest	39
Present value of future minimum lease payments	921
Less: Current obligations	544
Long-term obligations	$ 377

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expenses	$ 8	$ 4

Property, Plant and Equipment_4

Property, Plant and Equipment, Net (Details) - Schedule of property, plant and equipment - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of property, plant and equipment [Abstract]
Office equipment, fixtures and furniture	$ 47,793	$ 31,398
Less: Accumulated depreciation	(12,992)	(5,181)
Less: Impairment	(22,248)
Total	$ 12,553	$ 26,217

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of intangible assets $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Schedule of presents the activities of the digital currencies [Abstract]
Balance at beginning	$ 14,502
Additions of intangible assets	329
Less: Impairment losses	(8,425)
Balance at ending	$ 6,406

Other Payables (Details) - Sche

Other Payables (Details) - Schedule of other payables - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of other payables and accrued liabilities [Abstract]
Payables to non-trade vendors and service providers	$ 5,531	$ 1,674
Accrued salary	2	3
Others	5,548	3,644
Total other payables	$ 11,081	$ 5,321

Related Party Balances and Tr_3

Related Party Balances and Transactions (Details) - Schedule of related parties - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Amount due from related parties [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties	$ 69,038	$ 32,306
Amount due from related parties [Member] | Yongbao Insurance agency Co., Ltd. and subsidiaries [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Common shareholder
Amount due from related parties, Nature	Inter-transaction
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 5,800
Amount due from related parties [Member] | Wang Yaxian [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Shareholder of the Company
Amount due from related parties, Nature	Other receivables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 3,550
Amount due from related parties [Member] | Feng Weidong [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	CTO of the Company
Amount due from related parties, Nature	Other receivables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 3,550
Amount due from related parties [Member] | Yongbao Information Technology Co.,Ltd. [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Related Company
Amount due from related parties, Nature	Inter-transaction
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties		4,705
Amount due from related parties [Member] | Wu Xianlong [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Director of a subsidiary
Amount due from related parties, Nature	Account receivables & Other receivables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 1,900	1,901
Amount due from related parties [Member] | Kong Deyu [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Senior management of the Company
Amount due from related parties, Nature	Other receivables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties
Amount due from related parties [Member] | Li Sing Leung [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	CFO of the Company
Amount due from related parties, Nature	Other receivables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties		8
Amount due from related parties [Member] | Wang Yilin [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Director of China SOS
Amount due from related parties, Nature	Other receivables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties
Amount due from related parties [Member] | Qingdao SOS Industry Holding Co,, Ltd [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Related Partyq
Amount due from related parties, Nature	Other receivables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 54,238	25,700
Amount due to related parties [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties	$ 643	36
Amount due to related parties [Member] | Qingdao SOS Industry Holding Co,, Ltd [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Related Party
Amount due from related parties, Nature	Other payables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 607
Amount due to related parties [Member] | Yongbao Insurance agency Co., Ltd. [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Common shareholder
Amount due from related parties, Nature	Inter-transaction
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties
Amount due to related parties [Member] | Wang Yilin [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Director of China SOS
Amount due from related parties, Nature	Account payables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 3	13
Amount due to related parties [Member] | Wu Wenbin [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Non-executive director
Amount due from related parties, Nature	Account payables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 25	15
Amount due to related parties [Member] | Li Sing Leung [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	CFO of the Company
Amount due from related parties, Nature	Other payables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties	$ 8	8
Amount due to related parties [Member] | Wang Yaxian [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Shareholder of the Company
Amount due from related parties, Nature	Other payables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties
Amount due to related parties [Member] | Bian Jingxue [Member]
Schedule of amount due from related parties [Abstract]
Amount due from related parties, Relationship	Senior management of the Company
Amount due from related parties, Nature	Other payables
Amount due from related parties, Repayment terms	Repayment in demand
Amount due from related parties

Taxes (Details)

Taxes (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2020
Taxes (Details) [Line Items]
Statutory income tax rate		15%
Hong Kong [Member]
Taxes (Details) [Line Items]
Income tax rate	16.50%
Foreign Investment Enterprises [Member]
Taxes (Details) [Line Items]
Income tax rate	25%
Chinese [Member]
Taxes (Details) [Line Items]
Value added tax	6%

Taxes (Details) - Schedule of c

Taxes (Details) - Schedule of components of provision for income taxes - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of components of provision for income taxes [Abstract]
Current	$ 536	$ 3
Income tax expenses	$ 536	$ 3

Taxes (Details) - Schedule of r

Taxes (Details) - Schedule of reconciles china statutory rates	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of reconciles china statutory rates [Abstract]
China statutory income tax rate	25%	25%
Preferential tax rate reduction	(26.00%)	(26.00%)
Permanent difference	1%	1%
Effective tax rate

Taxes (Details) - Schedule of t

Taxes (Details) - Schedule of tax payable - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of tax payable [Abstract]
VAT taxes (recoverable)/payable	$ (2,436)	$ (6,020)
Corporate income tax (recoverable)/payable	(98)	(166)
Other taxes payable	85	87
Total	$ (2,449)	$ (6,099)

Shareholders_ Equity (Details)

Shareholders’ Equity (Details) - USD ($) $ / shares in Units, $ in Millions								1 Months Ended
	Nov. 09, 2021	Feb. 18, 2021	Feb. 11, 2021	Feb. 09, 2021	Jan. 15, 2021	Jan. 07, 2021	Dec. 22, 2020	Mar. 29, 2021	Feb. 24, 2021	Dec. 31, 2022	Dec. 31, 2021
Shareholders’ Equity (Details) [Line Items]
Ordinary shares authorized										6,000,000,000
Ordinary shares, par value (in Dollars per share)										$ 0.001	$ 0.001
Issuance for period term										20 years
Exercise price (in Dollars per share)						$ 5.55
Registered Direct Offering in December 2020 [Member]
Shareholders’ Equity (Details) [Line Items]
Exercise price (in Dollars per share)							$ 4.65
January 2021 Warrant Solicitation [Member]
Shareholders’ Equity (Details) [Line Items]
Warrant description					The January Inducement Warrants have substantially the same terms as the Existing Warrants, except for having (i) provisions customary for an unregistered warrant, including a restrictive legend, (ii) registration rights whereby the Company agreed to register the ADSs underlying the January Inducement Warrants within fifteen (15) days of closing, (iii) being exercisable immediately upon issuance, (iv) having a term of five (5) years from the date of issuance, and (v) having an exercise price of $2.00 per ADS.
February 2021 Warrant Solicitations [Member]
Shareholders’ Equity (Details) [Line Items]
Warrant description				The February Inducement Warrants have substantially the same terms as the January Inducement Warrants, except for having (i) registration rights whereby the Company agreed to register the ADSs underlying the February Inducement Warrants within twenty-one (21) days of closing, and (ii) an exercise price of $4.05 per ADS.					The Second February Inducement Warrants have substantially the same terms as the February Inducement Warrants, except for having (i) registration rights whereby the Company agrees to register the ADSs underlying the Second February Inducement Warrants within eight (8) days of closing, and (ii) an exercise price $7.00 per ADS.
Registered Direct Offerings in February 2021 [Member]
Shareholders’ Equity (Details) [Line Items]
Purchase warrant shares								25,000,000
Exercise price (in Dollars per share)		$ 30	$ 15
Class A Ordinary Shares [Member]
Shareholders’ Equity (Details) [Line Items]
Ordinary shares authorized										3,682,373,853
Ordinary shares, par value (in Dollars per share)										$ 0.0001
Class A Ordinary Shares [Member] | Registered Direct Offerings in February 2021 [Member]
Shareholders’ Equity (Details) [Line Items]
Warrants to purchase ordinary shares								250,000,000
Class B Ordinary Shares [Member]
Shareholders’ Equity (Details) [Line Items]
Ordinary shares authorized										198,162,525
Ordinary shares, par value (in Dollars per share)										$ 0.0001
Securities Purchase Agreement [Member] | Warrant [Member]
Shareholders’ Equity (Details) [Line Items]
Purchase of warrants								25,000,000
Securities Purchase Agreement [Member] | Registered Direct Offering in December 2020 [Member]
Shareholders’ Equity (Details) [Line Items]
Sale of stock number of shares							2,600,000
Purchase warrant shares							2,600,000
Gross proceeds from warrants (in Dollars)							$ 4
Issuance for period term							5 years
Exercise price (in Dollars per share)							$ 1.55
Purchase per share price (in Dollars per share)							$ 1.55
Securities Purchase Agreement [Member] | Registered Direct Offering in January 2021 [Member]
Shareholders’ Equity (Details) [Line Items]
Sale of stock number of shares						13,525,000
Purchase warrant shares						13,525,000
Gross proceeds from warrants (in Dollars)						$ 25
Issuance for period term						5 years
Exercise price (in Dollars per share)						$ 1.85
Purchase per share price (in Dollars per share)						$ 1.85
Securities Purchase Agreement [Member] | January 2021 Warrant Solicitation [Member]
Shareholders’ Equity (Details) [Line Items]
Purchase warrant shares					14,925,000
Exchange for exercise warrant					23,880,000
Unexercised existing warrants (in Dollars)					$ 27.1
Securities Purchase Agreement [Member] | February 2021 Warrant Solicitations [Member]
Shareholders’ Equity (Details) [Line Items]
Purchase warrant shares				23,880,000					23,880,000
Gross proceeds from warrants (in Dollars)				$ 48					$ 96.7
Exchange for exercise warrant				23,880,000					23,880,000
Securities Purchase Agreement [Member] | Registered Direct Offerings in February 2021 [Member]
Shareholders’ Equity (Details) [Line Items]
Sale of stock number of shares		8,600,000	22,000,000
Purchase warrant shares		4,300,000	16,500,000
Gross proceeds from warrants (in Dollars)		$ 86	$ 110
Issuance for period term		5 years	5 years
Exercise price (in Dollars per share)		$ 10	$ 5
Purchase per share price (in Dollars per share)		$ 10	$ 5
Securities Purchase Agreement [Member] | Class A Ordinary Shares [Member]
Shareholders’ Equity (Details) [Line Items]
Ordinary Shares								250,000,000
November Spa [Member]
Shareholders’ Equity (Details) [Line Items]
Sale of stock number of shares	51,500,000
Gross proceeds (in Dollars)	$ 90.1

Shareholders_ Equity (Details)

Shareholders’ Equity (Details) - Schedule of warrants outstanding and exercisable - Warrant [Member] - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Class of Warrant or Right [Line Items]
Warrants outstanding, outstanding at beginning balance	397,278,343	212,363,343
Weighted Average Exercise Price, outstanding at beginning balance	$ 0.266	$ 0.266
Warrants, Issued		184,915,000
Weighted Average Exercise Price, Issued		$ 0.266
Warrants outstanding, outstanding at ending balance	397,278,343	397,278,343
Weighted Average Exercise Price, outstanding at ending balance	$ 0.266	$ 0.266

Shareholders_ Equity (Details_2

Shareholders’ Equity (Details) - Schedule of warrants outstanding	12 Months Ended
	Dec. 31, 2021 $ / shares shares
July 1, 2020 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	67,445,674
Weighted Average Exercise Price | $ / shares	$ 0.29
Average Remaining Contractual Life	5 years
August 27, 2020 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	53,580,020
Weighted Average Exercise Price | $ / shares	$ 0.27
Average Remaining Contractual Life	5 years
November 3, 2020 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	65,337,649
Weighted Average Exercise Price | $ / shares	$ 0.281
Average Remaining Contractual Life	5 years
December 23, 2020 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	26,000,000
Weighted Average Exercise Price | $ / shares	$ 0.155
Average Remaining Contractual Life	5 years
January 7, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	13,525,000
Weighted Average Exercise Price | $ / shares	$ 1.85
Average Remaining Contractual Life	5 years
January 15, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	23,880,000
Weighted Average Exercise Price | $ / shares	$ 2
Average Remaining Contractual Life	5 years
February 9, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	23,880,000
Weighted Average Exercise Price | $ / shares	$ 4.05
Average Remaining Contractual Life	5 years
February 24, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	23,880,000
Weighted Average Exercise Price | $ / shares	$ 4.05
Average Remaining Contractual Life	5 years
February 11, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	16,500,000
Weighted Average Exercise Price | $ / shares	$ 7
Average Remaining Contractual Life	5 years
February 17, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	2,450,000
Weighted Average Exercise Price | $ / shares	$ 7
Average Remaining Contractual Life	5 years
February 18, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	4,300,000
Weighted Average Exercise Price | $ / shares	$ 10
Average Remaining Contractual Life	5 years
March 29, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	25,000,000
Weighted Average Exercise Price | $ / shares	$ 5
Average Remaining Contractual Life	5 years
November 9, 2021 Warrants [Member]
Shareholders’ Equity (Details) - Schedule of warrants outstanding [Line Items]
Warrants Exercisable | shares	51,500,000
Weighted Average Exercise Price | $ / shares	$ 1.75
Average Remaining Contractual Life	5 years

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Thousands			12 Months Ended
	Aug. 02, 2022	May 20, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2022
Commitments and Contingencies (Details) [Line Items]
Total net assets					$ 110,201
Cash paid	$ 5,000	$ 5,000
PRC Subsidiaries [Member]
Commitments and Contingencies (Details) [Line Items]
Net liabilities				$ 60,200
Percentage of total net assets			100%	100%
Total net assets			$ 638,600

Revenue Analysis and Segment _3

Revenue Analysis and Segment Information (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Aug. 31, 2020 USD ($)	Dec. 31, 2022 USD ($) Segment
Revenue Analysis and Segment Information (Details) [Line Items]
Number of reportable segment (in Segment) | Segment		1
Incurred loss	$ 5,680
Loss from discontinued operation	550
Gain from the asset sale	630
Total loss	6,160
Amount of legal expenses		$ 450
Class A Ordinary Shares [Member]
Revenue Analysis and Segment Information (Details) [Line Items]
Share amount	9,660
SOS [Member]
Revenue Analysis and Segment Information (Details) [Line Items]
Incurred loss	5,680
Loss from discontinued operation	550
Gain from the asset sale	630
Total loss	$ 6,160
Amount of legal expenses		38,420
China SOS Ltd [Member]
Revenue Analysis and Segment Information (Details) [Line Items]
Amount of legal expenses		450
XRF’s Fintech Business [Member]
Revenue Analysis and Segment Information (Details) [Line Items]
Incurred loss		5,680
Loss from discontinued operation		550
Gain from the asset sale		630
Total loss		$ 6,160
Chief Executive Officer [Member]
Revenue Analysis and Segment Information (Details) [Line Items]
Number of reporting segments (in Segment) | Segment		3
SOSIT [Member]
Revenue Analysis and Segment Information (Details) [Line Items]
Amount payable		$ 38,420

Revenue Analysis and Segment _4

Revenue Analysis and Segment Information (Details) - Schedule of disaggregated information of revenues by business lines - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Total revenues	$ 260,110	$ 290,949
Revenue percentage	100%	100%
Commodity Trading [Member]
Segment Reporting Information [Line Items]
Total revenues	$ 255,668	$ 275,363
Revenue percentage	98.40%	94.60%
Cryptocurrency Mining [Member]
Segment Reporting Information [Line Items]
Total revenues	$ 329	$ 15,427
Revenue percentage	0.10%	5.30%
Other [Member]
Segment Reporting Information [Line Items]
Total revenues	$ 4,113	$ 159
Revenue percentage	1.50%	0.10%

Revenue Analysis and Segment _5

Revenue Analysis and Segment Information (Details) - Schedule of reportable segment revenues - Parent Company [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting, Revenue Reconciling Item [Line Items]
Reportable segment revenues	$ 260,026	$ 290,790
Commodity Trading [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue, net	255,575	268,489
Cost of revenues	(250,301)	(264,764)
Revenue Net Others [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue, net – Others	5,971	23,018
Cost of revenues	(270,597)	(277,879)
Reconciling Items
Selling, general and administrative	(189,521)	(19,064)	(1,893)
Depreciation and amortization	(7,960)	(4,007)
Impairment of intangible assets	(8,425)	(925)
Interest income	424
Other (expense)/income	(15,131)	(9,358)	(5,616)
Current income tax expense	(536)	(3)
Net (loss)/income	(230,212)	(52,425)	(7,509)
Insurance Marketing [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Eliminations	(1,520)	(717)
Eliminations		(1)
Cost of Revenue [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Cost of revenues-Others	$ (20,296)	$ (13,114)

Revenue Analysis and Segment _6

Revenue Analysis and Segment Information (Details) - Schedule of condensed consolidated statement of comprehensive loss - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
China SOS Ltd [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net		$ 212		$ 15,315
COST OF REVENUES		3,273		2,327
GROSS PROFIT		(3,061)		12,988
DISCONTINUED OPERATIONS:
LOSS FROM DISCONTINUED OPERATIONS
General and administrative		95,343		10,340		(2)
Share-based compensation
Selling expense
Total operating expenses		95,343		10,340		(2)
OTHER INCOME (EXPENSE):		(16,111)
Other income(expense), net		(16,111)
Interest revenue
Total other(expenses) income, net
INCOME FROM OPERATIONS				2,648		(2)
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES		(114,515)		2,648		(2)
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION		(114,515)				(2)
DISCONTINUED OPERATIONS:
Gain from discontinued operations	[1]
Income from disposal of discontinued operations
Equity earnings in subs outside China		(114,515)
Equity earnings in subs and VIES inside China
NET PROFIT(LOSS)		(114,515)		2,648		(2)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)						(2)
Loss on acquisition
Subsidiaries Outside China [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net		424		718
COST OF REVENUES		14,311		3,728
GROSS PROFIT		(13,887)		(3,010)
DISCONTINUED OPERATIONS:
Loss from discontinued operations
LOSS FROM DISCONTINUED OPERATIONS
General and administrative		64,190		7,574
Share-based compensation
Total operating expenses		64,190		7,574
OTHER INCOME (EXPENSE):		(1,630)
Other income(expense), net		(1,630)
Interest revenue		424
INCOME FROM OPERATIONS				(10,584)
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES		(79,283)		(10,584)
INCOME TAXES				(3)
NET INCOME (LOSS) - CONTINUING OPERATION		(79,283)
Non-controlling interest		1,039
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations
Equity earnings in subs outside China		(78,243)
Equity earnings in subs and VIES inside China
NET PROFIT(LOSS)		(78,243)		(10,587)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
Loss on acquisition
Subsidiaries Inside China [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net		260,911		275,475		50,289
COST OF REVENUES		253,013		271,824		(37,295)
GROSS PROFIT		7,898		3,651		12,994
DISCONTINUED OPERATIONS:
General and administrative		10,128		877		(1,047)
Share-based compensation
Selling expense		8,556		676
Total operating expenses		18,684		1,553		(1,047)
OTHER INCOME (EXPENSE):		2,192
Other income(expense), net		2,192		(4,358)		625
Interest revenue
Total other(expenses) income, net				(4,358)		625
INCOME FROM OPERATIONS				2,098		11,947
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES		(8,594)		(2,260)		12,572
INCOME TAXES		536				(147)
NET INCOME (LOSS) - CONTINUING OPERATION		(9,130)				12,425
Non-controlling interest		(13)		(200)
DISCONTINUED OPERATIONS:
Gain from discontinued operations		(16,189)
Income from disposal of discontinued operations		(1,072)
GAIN FROM DISCONTINUED OPERATIONS				3,374
Equity earnings in subs outside China	[1]
Equity earnings in subs and VIES inside China		(26,405)
NET PROFIT(LOSS)		(26,405)		914		12,425
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax						874
COMPREHENSIVE INCOME(LOSS)						13,299
Inter-company Elimination [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net		(1,521)
COST OF REVENUES
GROSS PROFIT		(1,521)
DISCONTINUED OPERATIONS:
Loss from discontinued operations
LOSS FROM DISCONTINUED OPERATIONS
General and administrative		(1,521)
Share-based compensation
Selling expense
Total operating expenses		(1,521)
Other income(expense), net
Interest revenue
Total other(expenses) income, net
INCOME FROM OPERATIONS
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations
NET PROFIT(LOSS)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
Loss on acquisition
Conso Working [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net		260,026
COST OF REVENUES		270,597
GROSS PROFIT		(10,571)
DISCONTINUED OPERATIONS:
General and administrative		180,704
Share-based compensation		14,714
Selling expense		8,556
Total operating expenses		203,974
OTHER INCOME (EXPENSE):		(15,555)
Other income(expense), net		(15,555)
Interest revenue		424
Total other(expenses) income, net		(15,131)
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES		(229,676)
INCOME TAXES		536
NET INCOME (LOSS) - CONTINUING OPERATION		(230,212)
Non-controlling interest		1,026
DISCONTINUED OPERATIONS:
Gain from discontinued operations		811
Income from disposal of discontinued operations		(1,072)
GAIN FROM DISCONTINUED OPERATIONS		(261)
NET PROFIT(LOSS)		(229,447)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
SOS Ltd Consolidated Total [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net		260,026		290,790		50,289
COST OF REVENUES		270,597		277,879		(37,295)
GROSS PROFIT		(10,571)		12,911		12,994
DISCONTINUED OPERATIONS:
Loss from discontinued operations						(545)
LOSS FROM DISCONTINUED OPERATIONS						(482)
General and administrative		180,704		21,765		(2,401)
Share-based compensation		14,714		33,537		(506)
Selling expense		8,556		673
Total operating expenses		203,974		55,975		(2,907)
OTHER INCOME (EXPENSE):		(15,555)
Other income(expense), net		(15,555)		(9,358)		625
Interest revenue		(424)
Total other(expenses) income, net		(15,131)		(9,358)		(5,054)
INCOME FROM OPERATIONS				(43,064)		10,087
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES		(229,676)		(52,422)		5,033
INCOME TAXES		536		(3)		(147)
NET INCOME (LOSS) - CONTINUING OPERATION		(230,212)				4,886
Non-controlling interest		1,026		(200)
DISCONTINUED OPERATIONS:
Gain from discontinued operations		(261)
Income from disposal of discontinued operations						63
GAIN FROM DISCONTINUED OPERATIONS		(261)		3,374
NET PROFIT(LOSS)		(229,447)		(49,251)		4,404
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax						874
COMPREHENSIVE INCOME(LOSS)						5,278
Loss on acquisition						(5,679)
SOS Ltd [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net
COST OF REVENUES
GROSS PROFIT
DISCONTINUED OPERATIONS:
Loss from discontinued operations
LOSS FROM DISCONTINUED OPERATIONS
General and administrative		12,623		15,713		(897)
Share-based compensation		14,714		33,537		(506)
Selling expense
Total operating expenses		27,337		49,250		(1,403)
OTHER INCOME (EXPENSE):		53
Other income(expense), net		53		(5,000)
Interest revenue
Total other(expenses) income, net			[2]	(5,000)
INCOME FROM OPERATIONS				(49,250)		(1,403)
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES		(27,284)		(54,250)		(1,403)
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION		(27,284)				(1,403)
DISCONTINUED OPERATIONS:
Gain from discontinued operations		17,000
Income from disposal of discontinued operations
Equity earnings in subs outside China		(10,284)
Equity earnings in subs and VIES inside China
NET PROFIT(LOSS)		(10,284)		(54,250)		(1,403)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)						(1,403)
Loss on acquisition
WFOE [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net
COST OF REVENUES
GROSS PROFIT
DISCONTINUED OPERATIONS:
LOSS FROM DISCONTINUED OPERATIONS
General and administrative		(59)		12		(3)
Share-based compensation
Total operating expenses		(59)		12		(3)
OTHER INCOME (EXPENSE):		(59)
Other income(expense), net		(59)
Interest revenue
Total other(expenses) income, net
INCOME FROM OPERATIONS				(12)		(3)
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES				(12)		(3)
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION						(3)
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations
Equity earnings in subs and VIES inside China
NET PROFIT(LOSS)				(12)		(3)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)						(3)
Loss on acquisition
VIE [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net
COST OF REVENUES
GROSS PROFIT
DISCONTINUED OPERATIONS:
LOSS FROM DISCONTINUED OPERATIONS
General and administrative
Share-based compensation
Selling expense				(3)
Total operating expenses				(3)
Other income(expense), net
Interest revenue
Total other(expenses) income, net
INCOME FROM OPERATIONS				3
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES				3
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION
DISCONTINUED OPERATIONS:
Equity earnings in subs outside China
Equity earnings in subs and VIES inside China
NET PROFIT(LOSS)				3
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
Loss on acquisition
SOS Ltd Adjustment (a) [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net	[1]
COST OF REVENUES	[1]
GROSS PROFIT			[1]		[1]
DISCONTINUED OPERATIONS:
Loss from discontinued operations	[3]					(545)
LOSS FROM DISCONTINUED OPERATIONS	[3]					(482)
General and administrative			[1]	(12,033)	[1]		[3]
Share-based compensation					[1]
Selling expense	[1]
Total operating expenses	[1]			(12,033)
Other income(expense), net			[1]
Interest revenue
Total other(expenses) income, net					[1]	(5,679)	[3]
INCOME FROM OPERATIONS	[1]			12,033
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES			[1]	12,033	[1]	(5,679)	[3]
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION			[1]			(5,679)	[3]
Non-controlling interest	[1]
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations	[3]					63
NET PROFIT(LOSS)			[1]	12,033	[1]	(6,161)	[3]
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)						(6,161)	[3]
Loss on acquisition	[3]					(5,679)
China SOS Ltd Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net	[1]
COST OF REVENUES	[1]
GROSS PROFIT					[1]
DISCONTINUED OPERATIONS:
General and administrative	[1]
Share-based compensation	[1]
Selling expense	[1]
Total operating expenses	[1]
Other income(expense), net	[1]
Interest revenue
Total other(expenses) income, net	[1]
INCOME FROM OPERATIONS	[1]
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES	[1]
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION	[1]
Non-controlling interest	[1]
DISCONTINUED OPERATIONS:
NET PROFIT(LOSS)	[1]
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
WFOE Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net
COST OF REVENUES
GROSS PROFIT
DISCONTINUED OPERATIONS:
Loss from discontinued operations
LOSS FROM DISCONTINUED OPERATIONS
General and administrative
Share-based compensation
Selling expense
Total operating expenses
Other income(expense), net
Interest revenue
Total other(expenses) income, net
INCOME FROM OPERATIONS
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations
NET PROFIT(LOSS)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
Loss on acquisition
VIE Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net
COST OF REVENUES
GROSS PROFIT
DISCONTINUED OPERATIONS:
Loss from discontinued operations
LOSS FROM DISCONTINUED OPERATIONS
General and administrative
Share-based compensation
Selling expense
Total operating expenses
Other income(expense), net
Interest revenue
Total other(expenses) income, net
INCOME FROM OPERATIONS
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations
NET PROFIT(LOSS)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
Loss on acquisition
Subsidiaries Outside China Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net
COST OF REVENUES
GROSS PROFIT			[2]
DISCONTINUED OPERATIONS:
Loss from discontinued operations
LOSS FROM DISCONTINUED OPERATIONS
General and administrative
Share-based compensation
Total operating expenses			[2]
Other income(expense), net
Total other(expenses) income, net
INCOME FROM OPERATIONS
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES			[2]
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION			[2]
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations
NET PROFIT(LOSS)			[2]
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
Loss on acquisition
Subsidiaries Inside China Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
GROSS PROFIT
DISCONTINUED OPERATIONS:
Interest revenue
OTHER INCOME(EXPENSE):
INCOME TAXES
DISCONTINUED OPERATIONS:
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
Subsidiaries Outside China Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net	[2]			(718)
COST OF REVENUES
GROSS PROFIT	[2]			(718)
DISCONTINUED OPERATIONS:
General and administrative	[2]			(718)
Share-based compensation
Selling expense
Total operating expenses	[2]			(718)
Total other(expenses) income, net
INCOME FROM OPERATIONS
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES
INCOME TAXES
DISCONTINUED OPERATIONS:
NET PROFIT(LOSS)
China SOS Ltd Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net
COST OF REVENUES
GROSS PROFIT
DISCONTINUED OPERATIONS:
Loss from discontinued operations
LOSS FROM DISCONTINUED OPERATIONS
General and administrative
Share-based compensation
Total operating expenses
Other income(expense), net
Total other(expenses) income, net
INCOME FROM OPERATIONS
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations
NET PROFIT(LOSS)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)
Loss on acquisition
Subsidiaries Inside China Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
REVENUES -net
OTHER INCOME(EXPENSE):
INCOME TAXES
DISCONTINUED OPERATIONS:
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
SOS Ltd Adjustment (b) [Member]
Condensed Statement of Income Captions [Line Items]
GROSS PROFIT
DISCONTINUED OPERATIONS:
Loss from discontinued operations	[4]
LOSS FROM DISCONTINUED OPERATIONS
General and administrative	[4]					(452)
Share-based compensation
Total operating expenses	[4]					(452)
Other income(expense), net
Total other(expenses) income, net
INCOME FROM OPERATIONS	[4]					(452)
OTHER INCOME(EXPENSE):
INCOME (LOSS) BEFORE INCOME TAXES	[4]					(452)
INCOME TAXES
NET INCOME (LOSS) - CONTINUING OPERATION	[4]					(452)
DISCONTINUED OPERATIONS:
Income from disposal of discontinued operations	[4]
NET PROFIT(LOSS)	[4]					(452)
OTHER COMPREHENSIVE INCOME(LOSS)
Foreign currency translation adjustment - net of tax
COMPREHENSIVE INCOME(LOSS)	[4]					(452)
Loss on acquisition
[1] SOS Ltd. Completed a couple rounds of F3 financing. This entry is to offset legal fee against gross proceeds from registered direct offering. This represents an elimination entry to set off inter-company sales from China SOS to FD LLC, which is a service cost to FD LLC. SOS disposed off the legacy business in August 2020, it incurred a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million ; SOS picked up legal expenses paid by China SOS for the amount of $0.45 million.

Revenue Analysis and Segment _7

Revenue Analysis and Segment Information (Details) - Schedule of condensed consolidated balance sheet - USD ($) $ in Thousands		Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
SOS Ltd [Member]
Current assets:
Cash and cash equivlaents		$ 7,193		$ 12,301		$ 1
Accounts receivable,net
Other receivables - net		(1,659)		67,962		102
Amount due from related parties		17,000
Inter-company receivable		151,010		19,791			[1]
Inventory
Tax recoverable		16
Total current assetes		173,560		120,956		103
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Goodwill		72
Intangible assets				14,502
Long-term investments		(19)
Investment in subsidiaries				374,463			[2]
Investment in WFOE		(314,335)					[3]
Investment in China SOS		(64,794)
Assets related to discontinued operation
Advance payments		6,400		6,400
Total non-current assets		(372,676)		374,463
Total assets		(199,116)		495,419		103
Liabilities:
Accounts payble
Amount due to related parties		622		15
Operating lease liability-current
Contract liability
Advance from customers
Payroll payable
Tax payable
Other payables		241		5,141
Liabilitiess related to discontinued operation
Total current liabilities		863		5,156
Liabilitiess related to discontinued operation
Operating lease liability-noncurrent
Total non-current liability
Total liabilities		863		5,156
Non-controlling interest
Shareholder’s equity
Paid up capital		(818,741)		427,236		(1)
Additional paid-in capital		191,536		119,147		1,960
Statutory Reserve		513,945
Retained earnings		(60,680)		(56,120)		(1,856)
Accumulated other comprehensive income (loss)		(26,039)
Total Shareholders’ equity		(199,979)		490,263		103
Total Liabilities and shareholders’ equity		(199,116)		495,419		103
Current assets:
Assets related to discontinued operation
China SOS Ltd [Member]
Current assets:
Cash and cash equivlaents		154,568		160,091		268
Accounts receivable,net
Other receivables - net		(90,417)		16,902
Amount due from related parties		900		900
Inter-company receivable		24,989		(153,855)			[1]
Inventory
Tax recoverable
Total current assetes		90,040		121,153		268
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net		4,462		9,844
Goodwill
Intangible assets		6,289
Long-term investments
Investment in subsidiaries							[2]
Investment in WFOE		314,335		310,205		3,391	[3]
Investment in China SOS
Assets related to discontinued operation
Advance payments		90,417		97,115
Total non-current assets		415,503		320,049		3,391
Total assets		505,543		441,202		3,659
Liabilities:
Accounts payble		11,359		11,376
Amount due to related parties
Inter-company payable
Operating lease liability-current
Contract liability
Advance from customers
Payroll payable
Tax payable
Other payables		153,976		(24,879)		100
Liabilitiess related to discontinued operation
Total current liabilities		165,335		(13,520)		100
Liabilitiess related to discontinued operation
Operating lease liability-noncurrent
Total non-current liability
Total liabilities		165,335		(13,520)		100
Non-controlling interest
Shareholder’s equity
Paid up capital		452,078		452,076		3
Additional paid-in capital						3,558
Statutory Reserve
Retained earnings		(111,870)		2,646		(2)
Accumulated other comprehensive income (loss)
Total Shareholders’ equity		340,208		454,722		3,559
Total Liabilities and shareholders’ equity		505,543		441,202		3,659
Current assets:
Assets related to discontinued operation
WOFE [Member]
Current assets:
Cash and cash equivlaents		883		4,164
Accounts receivable,net
Other receivables - net
Amount due from related parties
Inter-company receivable		294,670		311,415
Inventory
Tax recoverable
Total current assetes		295,553		315,579
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Goodwill
Intangible assets
Long-term investments
Investment in subsidiaries
Investment in WFOE
Investment in China SOS
Assets related to discontinued operation
Advance payments		11
Total non-current assets		11
Total assets		295,564		315,579
Liabilities:
Accounts payble
Amount due to related parties		1		2
Operating lease liability-current
Advance from customers
Payroll payable
Tax payable
Other payables				47
Liabilitiess related to discontinued operation
Total current liabilities		1		49
Liabilitiess related to discontinued operation
Operating lease liability-noncurrent
Total non-current liability
Total liabilities		1	[4]	49
Non-controlling interest
Shareholder’s equity
Paid up capital		295,491		315,546
Additional paid-in capital
Statutory Reserve
Retained earnings		73		(15)
Accumulated other comprehensive income (loss)		(1)
Total Shareholders’ equity		295,563		315,531
Total Liabilities and shareholders’ equity		295,564		315,580
Current assets:
Assets related to discontinued operation
VIE [Member]
Current assets:
Cash and cash equivlaents				2		2
Accounts receivable,net
Other receivables - net
Amount due from related parties
Inter-company receivable				(2)			[1]
Inventory
Tax recoverable
Total current assetes						2
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Goodwill
Intangible assets
Long-term investments
Investment in subsidiaries							[2]
Investment in WFOE
Investment in China SOS
Assets related to discontinued operation
Advance payments
Total non-current assets
Total assets						2
Liabilities:
Accounts payble
Amount due to related parties
Inter-company payable
Operating lease liability-current
Contract liability
Advance from customers
Payroll payable
Tax payable
Other payables						2
Liabilitiess related to discontinued operation
Total current liabilities						2
Liabilitiess related to discontinued operation
Operating lease liability-noncurrent
Total non-current liability
Total liabilities						2
Non-controlling interest
Shareholder’s equity
Paid up capital
Additional paid-in capital
Statutory Reserve
Retained earnings
Accumulated other comprehensive income (loss)
Total Shareholders’ equity
Total Liabilities and shareholders’ equity						2
Current assets:
Assets related to discontinued operation
Subsidiaries Outside China [Member]
Current assets:
Cash and cash equivlaents		41,049		101,210
Accounts receivable,net		16
Other receivables - net		(39,345)		345
Amount due from related parties		8,100		1,000
Inter-company receivable		(135,864)		(19,791)			[1]
Inventory
Tax recoverable		(7)
Total current assetes		(126,051)		83,064
Non-current assets:
Operating lease, right-of-use assets		921
Property equipment and software,net		7,999		16,373
Goodwill
Intangible assets		117
Long-term investments
Investment in subsidiaries							[2]
Investment in WFOE							[3]
Investment in China SOS		64,794		64,794
Assets related to discontinued operation
Advance payments		41,445		300
Total non-current assets		115,276		81,167
Total assets		(10,775)		164,231
Liabilities:
Accounts payble		406
Amount due to related parties		19		18
Inter-company payable
Operating lease liability-current		544
Contract liability
Advance from customers
Payroll payable				1
Tax payable		2
Other payables		6,693		5,093
Liabilitiess related to discontinued operation
Total current liabilities		7,664		5,112
Liabilitiess related to discontinued operation
Operating lease liability-noncurrent		377
Total non-current liability		377
Total liabilities		8,041		5,112
Non-controlling interest		(841)
Shareholder’s equity
Paid up capital		70,950		98,760
Additional paid-in capital
Statutory Reserve
Retained earnings		(88,925)		60,359
Accumulated other comprehensive income (loss)
Total Shareholders’ equity		(17,975)		159,119
Total Liabilities and shareholders’ equity		(10,775)		164,231
Current assets:
Assets related to discontinued operation
Subsidiaries Inside China [Member]
Current assets:
Cash and cash equivlaents		55,799		49,358
Accounts receivable,net		2,416		19,843
Other receivables - net		10,819		477
Amount due from related parties		43,038		30,406
Inter-company receivable		(334,805)		(196,737)
Inventory		46,273		60,587
Tax recoverable		2,534		6,099
Total current assetes		(173,926)		62,967
Non-current assets:
Operating lease, right-of-use assets				3,401
Property equipment and software,net		92
Goodwill				72
Intangible assets
Long-term investments		19
Investment in subsidiaries
Investment in WFOE
Investment in China SOS
Assets related to discontinued operation				5,504
Advance payments		38,235		55,653
Total non-current assets		38,346		5,576
Total assets		(135,580)		68,543
Liabilities:
Accounts payble		1,069
Amount due to related parties		1
Operating lease liability-current
Advance from customers		20,385		19,309
Payroll payable		2
Tax payable		92
Other payables		(148,929)		23,447
Liabilitiess related to discontinued operation				23,771
Total current liabilities		(127,380)		145,935
Liabilitiess related to discontinued operation				1,918
Operating lease liability-noncurrent
Total non-current liability				1,918
Total liabilities		(127,380)		147,853
Non-controlling interest		15		200
Shareholder’s equity
Paid up capital		596		(94,351)
Additional paid-in capital		7		10
Statutory Reserve		59
Retained earnings		(11,518)		14,831
Accumulated other comprehensive income (loss)		2,641
Total Shareholders’ equity		(8,215)		(79,310)
Total Liabilities and shareholders’ equity		(135,580)		68,543
Current assets:
Assets related to discontinued operation				37,281
SOS Ltd Adjustment (a) [Member]
Current assets:
Cash and cash equivlaents			[4]		[4]		[5]
Accounts receivable,net			[4]		[4]		[5]
Other receivables - net			[4]		[4]		[5]
Amount due from related parties			[4]		[4]		[5]
Inter-company receivable			[4]	0	[4]	(38,429)	[1],[5]
Inventory	[4]
Tax recoverable	[4]
Total current assetes			[4]	0	[4]	(38,429)	[5]
Non-current assets:
Operating lease, right-of-use assets			[4]		[4]		[5]
Property equipment and software,net			[4]		[4]		[5]
Goodwill					[4]		[5]
Intangible assets	[4]
Long-term investments	[4]
Investment in subsidiaries			[4]		[4]		[2],[5]
Investment in WFOE			[4]	(310,205)	[4]		[3],[5]
Investment in China SOS	[4]
Assets related to discontinued operation	[4]
Advance payments	[4]
Total non-current assets			[4]	(310,205)	[4]		[5]
Total assets			[4]	(310,205)	[4]	(38,429)	[5]
Liabilities:
Accounts payble			[4]		[4]		[5]
Amount due to related parties			[4]		[4]		[5]
Inter-company payable	[5]
Operating lease liability-current			[4]				[5]
Contract liability	[5]
Advance from customers	[4]
Payroll payable	[4]
Tax payable			[4]				[5]
Other payables			[4]		[4]		[5]
Liabilitiess related to discontinued operation	[4]
Total current liabilities			[4]		[4],[6]		[5]
Liabilitiess related to discontinued operation	[4]
Operating lease liability-noncurrent			[4]				[5]
Total non-current liability			[4]		[4]		[5]
Total liabilities			[4]		[4]		[5]
Non-controlling interest	[4]
Shareholder’s equity
Paid up capital			[4]	(310,205)	[4]	46	[5]
Additional paid-in capital			[4]		[4]	38,383	[5]
Statutory Reserve	[4]
Retained earnings			[4]		[4]		[5]
Accumulated other comprehensive income (loss)			[4]		[4]		[5]
Total Shareholders’ equity			[4]	(310,205)	[4]	38,429	[5]
Total Liabilities and shareholders’ equity			[4]	(310,205)	[4]	38,429	[5]
Current assets:
Assets related to discontinued operation	[4]
China SOS Ltd Adjustment [Member]
Current assets:
Cash and cash equivlaents
Accounts receivable,net
Other receivables - net
Amount due from related parties
Inter-company receivable							[1]
Inventory
Tax recoverable
Total current assetes
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Goodwill
Intangible assets
Long-term investments
Investment in subsidiaries							[2]
Investment in WFOE							[3]
Investment in China SOS
Advance payments
Total non-current assets
Total assets
Liabilities:
Accounts payble
Amount due to related parties
Inter-company payable
Operating lease liability-current
Contract liability
Advance from customers
Payroll payable
Tax payable
Other payables
Total current liabilities
Operating lease liability-noncurrent
Total non-current liability
Total liabilities
Non-controlling interest
Shareholder’s equity
Paid up capital
Additional paid-in capital
Statutory Reserve
Retained earnings
Accumulated other comprehensive income (loss)
Total Shareholders’ equity
Total Liabilities and shareholders’ equity
WOFE Adjustment [Member]
Current assets:
Cash and cash equivlaents
Accounts receivable,net
Other receivables - net
Amount due from related parties
Inter-company receivable
Inventory
Tax recoverable
Total current assetes
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Intangible assets
Long-term investments
Investment in subsidiaries
Investment in WFOE
Investment in China SOS
Advance payments
Total non-current assets
Total assets
Liabilities:
Accounts payble
Amount due to related parties
Operating lease liability-current
Advance from customers
Payroll payable
Tax payable
Other payables
Total current liabilities
Operating lease liability-noncurrent
Total non-current liability
Total liabilities
Non-controlling interest
Shareholder’s equity
Paid up capital
Additional paid-in capital
Statutory Reserve
Retained earnings
Accumulated other comprehensive income (loss)
Total Shareholders’ equity
Total Liabilities and shareholders’ equity
VIE Adjustment [Member]
Current assets:
Cash and cash equivlaents
Accounts receivable,net
Other receivables - net
Amount due from related parties
Inter-company receivable							[1]
Inventory
Tax recoverable
Total current assetes
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Goodwill
Intangible assets
Long-term investments
Investment in subsidiaries							[2]
Investment in WFOE							[3]
Investment in China SOS
Advance payments
Total non-current assets
Total assets
Liabilities:
Accounts payble
Amount due to related parties
Inter-company payable
Operating lease liability-current
Contract liability
Advance from customers
Payroll payable
Tax payable
Other payables
Total current liabilities
Operating lease liability-noncurrent
Total non-current liability
Total liabilities
Non-controlling interest
Shareholder’s equity
Paid up capital
Additional paid-in capital
Statutory Reserve
Retained earnings
Accumulated other comprehensive income (loss)
Total Shareholders’ equity
Total Liabilities and shareholders’ equity
Inter-company Elimination [Member]
Current assets:
Cash and cash equivlaents			[7]		[7]		[1]
Accounts receivable,net			[7]		[7]		[1]
Other receivables - net		(902)	[7]	(79,391)	[7]		[1]
Amount due from related parties			[7]		[7]		[1]
Inter-company receivable			[7]		[7]	38,429	[1]
Inventory	[7]
Tax recoverable	[7]
Total current assetes		(902)	[7]	(79,391)	[7]	38,429	[1]
Non-current assets:
Operating lease, right-of-use assets			[7]		[7]		[1]
Property equipment and software,net			[7]		[7]		[1]
Goodwill					[7]		[1]
Intangible assets	[7]
Long-term investments	[7]
Investment in subsidiaries			[7]		[7]		[1],[2]
Investment in WFOE			[7]		[7]		[1],[3]
Investment in China SOS	[7]
Assets related to discontinued operation	[7]
Advance payments	[7]
Total non-current assets			[7]		[7]		[1]
Total assets		(902)	[7]	(79,391)	[7]	38,429	[1]
Liabilities:
Accounts payble			[7]		[7]		[1]
Amount due to related parties			[7]		[7]		[1]
Inter-company payable	[1]
Operating lease liability-current			[7]				[1]
Contract liability	[1]
Advance from customers	[7]
Payroll payable	[7]
Tax payable			[7]				[1]
Other payables		(902)	[7]	(79,391)	[7]	(38,429)	[1]
Liabilitiess related to discontinued operation	[7]
Total current liabilities		(902)	[7]	(79,391)	[7]	(38,429)	[1]
Liabilitiess related to discontinued operation	[7]
Operating lease liability-noncurrent			[7]				[1]
Total non-current liability			[7]		[7]		[1]
Total liabilities		(902)	[7]	(79,391)	[7]	(38,429)	[1]
Non-controlling interest	[7]
Shareholder’s equity
Paid up capital			[7]				[1]
Additional paid-in capital		513,945	[7]		[7]		[1]
Statutory Reserve	[7]	(513,945)
Retained earnings			[7]		[7]		[1]
Accumulated other comprehensive income (loss)			[7]		[7]		[1]
Total Shareholders’ equity			[7]		[7]		[1]
Total Liabilities and shareholders’ equity		(902)	[7]	(79,391)	[7]	(38,429)	[1]
Current assets:
Assets related to discontinued operation	[7]
Subsidiaries Outside China Adjustment [Member]
Current assets:
Cash and cash equivlaents
Accounts receivable,net
Other receivables - net
Amount due from related parties
Inter-company receivable							[1]
Inventory
Tax recoverable
Total current assetes
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Goodwill
Intangible assets
Long-term investments
Investment in subsidiaries							[2]
Investment in WFOE							[3]
Investment in China SOS
Advance payments
Total non-current assets
Total assets
Liabilities:
Accounts payble
Amount due to related parties
Inter-company payable
Operating lease liability-current
Contract liability
Advance from customers
Payroll payable
Tax payable
Other payables
Total current liabilities
Operating lease liability-noncurrent
Total non-current liability
Total liabilities
Non-controlling interest
Shareholder’s equity
Paid up capital
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Total Shareholders’ equity
Total Liabilities and shareholders’ equity
Subsidiaries Inside China Adjustment [Member]
Current assets:
Cash and cash equivlaents
Accounts receivable,net
Other receivables - net
Amount due from related parties
Inter-company receivable				(3,578)
Inventory
Tax recoverable
Total current assetes				(3,578)
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Goodwill
Intangible assets
Long-term investments
Investment in subsidiaries
Investment in WFOE
Investment in China SOS
Assets related to discontinued operation
Advance payments
Total non-current assets
Total assets				(3,578)
Liabilities:
Accounts payble
Amount due to related parties
Advance from customers
Payroll payable
Other payables
Liabilitiess related to discontinued operation
Total current liabilities
Liabilitiess related to discontinued operation
Total non-current liability
Total liabilities				0
Non-controlling interest
Shareholder’s equity
Paid up capital				(3,578)
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Total Shareholders’ equity				(3,578)
Total Liabilities and shareholders’ equity				(3,578)
Current assets:
Assets related to discontinued operation
SOS Ltd. Consolidated Total [Member]
Current assets:
Cash and cash equivlaents		259,492		327,126		3,722
Accounts receivable,net		2,432		19,843		10,235
Other receivables - net		(121,504)		6,295		47,373
Amount due from related parties		69,038		32,306		3,693
Inter-company receivable							[1]
Inventory		46,273		60,587
Tax recoverable		2,543		6,099
Total current assetes		258,274		663,507		65,023
Non-current assets:
Operating lease, right-of-use assets		921		3,401		4,158
Property equipment and software,net		12,553		26,217		509
Goodwill		72		72		72
Intangible assets		6,406		14,502
Long-term investments
Investment in subsidiaries							[2]
Investment in WFOE							[3]
Investment in China SOS
Assets related to discontinued operation				5,504
Prepaid expense
Advance payments		176,508		159,468
Total non-current assets		196,460		31,793		4,739
Total assets		454,734		695,300		69,762
Liabilities:
Accounts payble		12,834		11,376		1,078
Amount due to related parties		643		35		1,909
Inter-company payable
Operating lease liability-current		544				834
Contract liability						610
Advance from customers		20,385		19,309
Payroll payable		2		1
Tax payable		94				665
Other payables		11,079		5,321		1,681
Liabilitiess related to discontinued operation				23,771
Total current liabilities		45,581		59,813		6,777
Liabilitiess related to discontinued operation				1,918
Operating lease liability-noncurrent		377				2,749
Total non-current liability		377		1,918		2,749
Total liabilities		45,958		61,731		9,526
Non-controlling interest		(826)		200
Shareholder’s equity
Paid up capital		374		266		60
Additional paid-in capital		705,488		672,386		53,600
Statutory Reserve		59
Retained earnings		(272,920)		(43,413)		5,838
Accumulated other comprehensive income (loss)		(23,399)		4,130		738
Total Shareholders’ equity		409,602		633,569		60,236
Total Liabilities and shareholders’ equity		454,734		695,300		69,762
Current assets:
Assets related to discontinued operation				37,281
Subsidiaries Inside China Adjustment (e) [Member]
Liabilities:
Accounts payble
Amount due to related parties
Operating lease liability-current
Advance from customers
Payroll payable
Tax payable
Other payables
Total current liabilities
Operating lease liability-noncurrent
Total non-current liability
Total liabilities
Shareholder’s equity
Paid up capital
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Total Shareholders’ equity
Total Liabilities and shareholders’ equity
SOS Ltd Adjustment (b) [Member]
Current assets:
Cash and cash equivlaents					[8]		[9]
Accounts receivable,net					[8]		[9]
Other receivables - net					[8]	3,500	[9]
Amount due from related parties					[8]		[9]
Inter-company receivable				39,179	[8]		[1],[9]
Inventory	[8]
Tax recoverable	[8]
Total current assetes				39,179	[8]	3,500	[9]
Non-current assets:
Operating lease, right-of-use assets					[8]		[9]
Property equipment and software,net					[8]		[9]
Goodwill					[8]		[9]
Investment in subsidiaries				(374,463)	[8]		[2],[9]
Investment in WFOE					[8]		[3],[9]
Investment in China SOS	[8]
Assets related to discontinued operation	[8]
Advance payments	[8]
Total non-current assets				(374,463)	[8]		[9]
Total assets				(335,284)	[8]	3,500	[9]
Liabilities:
Accounts payble					[8]		[9]
Amount due to related parties					[8]		[9]
Inter-company payable	[9]
Operating lease liability-current	[9]
Contract liability	[9]
Advance from customers	[8]
Payroll payable	[8]
Tax payable	[9]
Other payables					[8]		[9]
Liabilitiess related to discontinued operation	[8]
Total current liabilities					[8]		[9]
Liabilitiess related to discontinued operation	[8]
Operating lease liability-noncurrent	[9]
Total non-current liability					[8]		[9]
Total liabilities					[8]		[9]
Non-controlling interest	[8]
Shareholder’s equity
Paid up capital				(374,448)	[8]	12	[9]
Additional paid-in capital				39,164	[8]	9,649	[9]
Retained earnings					[8]	(6,161)	[9]
Accumulated other comprehensive income (loss)					[8]		[9]
Total Shareholders’ equity				(335,284)	[8]	3,500	[9]
Total Liabilities and shareholders’ equity				(335,284)	[8]	3,500	[9]
Current assets:
Assets related to discontinued operation	[8]
SOS Ltd. Adjustment(c) [Member]
Current assets:
Cash and cash equivlaents	[10]
Accounts receivable,net	[10]
Other receivables - net	[10]
Amount due from related parties	[10]
Inter-company receivable	[10]			3,578
Inventory	[10]
Tax recoverable	[10]
Total current assetes	[10]			3,578
Non-current assets:
Operating lease, right-of-use assets	[10]
Property equipment and software,net	[10]
Goodwill	[10]
Investment in subsidiaries	[10]
Investment in WFOE	[10]
Investment in China SOS	[10]
Assets related to discontinued operation	[10]
Advance payments	[10]
Total non-current assets	[10]
Total assets	[10]			3,578
Liabilities:
Accounts payble	[10]
Amount due to related parties	[10]
Advance from customers	[10]
Payroll payable	[10]
Other payables	[10]			(3,528)
Liabilitiess related to discontinued operation	[10]
Total current liabilities	[10]			(3,528)
Liabilitiess related to discontinued operation	[10]
Total non-current liability	[10]
Total liabilities	[10]			(3,528)
Non-controlling interest	[10]
Shareholder’s equity
Paid up capital	[10]			7,106
Additional paid-in capital	[10]
Retained earnings	[10]
Accumulated other comprehensive income (loss)	[10]
Total Shareholders’ equity	[10]			7,106
Total Liabilities and shareholders’ equity	[10]			3,578
Current assets:
Assets related to discontinued operation	[10]
SOS Ltd. Adjustment(d) [Member]
Current assets:
Cash and cash equivlaents	[6]
Accounts receivable,net	[6]
Other receivables - net	[6]
Amount due from related parties	[6]
Inter-company receivable	[6]
Inventory	[6]
Tax recoverable	[6]
Total current assetes	[6]
Non-current assets:
Operating lease, right-of-use assets	[6]
Property equipment and software,net	[6]
Goodwill	[6]
Investment in subsidiaries	[6]
Investment in WFOE	[6]
Investment in China SOS	[6]
Advance payments	[6]
Total non-current assets	[6]
Total assets	[6]			0
Liabilities:
Accounts payble	[6]
Amount due to related parties	[6]
Advance from customers	[6]
Payroll payable	[6]
Other payables	[6]
Liabilitiess related to discontinued operation	[6]
Total current liabilities	[6]
Liabilitiess related to discontinued operation	[6]
Total non-current liability	[6]
Total liabilities	[6]
Non-controlling interest	[6]
Shareholder’s equity
Additional paid-in capital	[6]
Retained earnings	[6]
Accumulated other comprehensive income (loss)	[6]
Total Shareholders’ equity	[6]			0
Total Liabilities and shareholders’ equity	[6]			0
Current assets:
Assets related to discontinued operation	[6]
SOS Ltd. Adjustment(e) [Member]
Current assets:
Cash and cash equivlaents	[11]
Accounts receivable,net	[11]
Other receivables - net	[11]
Amount due from related parties	[11]
Inter-company receivable	[11]
Inventory	[11]
Tax recoverable	[11]
Total current assetes	[11]
Non-current assets:
Operating lease, right-of-use assets	[11]
Property equipment and software,net	[11]
Goodwill	[11]
Investment in subsidiaries	[11]
Investment in WFOE	[11]
Investment in China SOS	[11]
Assets related to discontinued operation	[11]
Advance payments	[11]
Total non-current assets	[11]
Total assets	[11]
Liabilities:
Accounts payble	[11]
Amount due to related parties	[11]
Advance from customers	[11]
Payroll payable	[11]
Liabilitiess related to discontinued operation	[11]
Total current liabilities	[11]
Liabilitiess related to discontinued operation	[11]
Total non-current liability	[11]
Total liabilities	[11]
Non-controlling interest	[11]
Shareholder’s equity
Paid up capital	[11]			(453,082)
Additional paid-in capital	[11]			514,065
Retained earnings	[11]			(65,113)
Accumulated other comprehensive income (loss)	[11]			4,130
Total Shareholders’ equity	[11]
Total Liabilities and shareholders’ equity	[11]
Current assets:
Assets related to discontinued operation	[11]
SOS Ltd. Adjustment(f) [Member]
Current assets:
Cash and cash equivlaents	[12]
Accounts receivable,net	[12]
Other receivables - net	[12]
Amount due from related parties	[12]
Inter-company receivable	[12]
Inventory	[12]
Tax recoverable	[12]
Total current assetes	[12]
Non-current assets:
Operating lease, right-of-use assets	[12]
Property equipment and software,net	[12]
Goodwill	[12]
Investment in subsidiaries	[12]
Investment in WFOE	[12]
Investment in China SOS	[12]			(64,794)
Assets related to discontinued operation	[12]
Advance payments	[12]
Total non-current assets	[12]			(64,794)
Total assets	[12]			(64,794)
Liabilities:
Accounts payble	[12]
Amount due to related parties	[12]
Advance from customers	[12]
Payroll payable	[12]
Liabilitiess related to discontinued operation	[12]
Total current liabilities	[12]
Liabilitiess related to discontinued operation	[12]
Total non-current liability	[12]
Non-controlling interest	[12]
Shareholder’s equity
Paid up capital	[12]			(64,794)
Additional paid-in capital	[12]
Retained earnings	[12]
Accumulated other comprehensive income (loss)	[12]
Total Shareholders’ equity	[12]			(64,794)
Total Liabilities and shareholders’ equity	[12]			(64,794)
Current assets:
Assets related to discontinued operation	[12]
WFOE [Member]
Current assets:
Cash and cash equivlaents						3,304
Accounts receivable,net
Other receivables - net						100
Amount due from related parties
Inter-company receivable	[1]
Total current assetes						3,404
Non-current assets:
Operating lease, right-of-use assets
Property equipment and software,net
Goodwill
Investment in subsidiaries	[2]
Investment in WFOE	[3]
Assets related to discontinued operation
Total non-current assets
Total assets						3,404
Liabilities:
Accounts payble
Amount due to related parties
Inter-company payable
Operating lease liability-current
Contract liability
Tax payable
Other payables						2
Total current liabilities						2
Operating lease liability-noncurrent
Total non-current liability
Total liabilities						2
Shareholder’s equity
Paid up capital
Additional paid-in capital						3,406
Retained earnings						(3)
Accumulated other comprehensive income (loss)
Total Shareholders’ equity						3,402
Total Liabilities and shareholders’ equity						3,404
DSO-Sub Inside China [Member]
Current assets:
Cash and cash equivlaents						147
Accounts receivable,net						10,235
Other receivables - net						43,671
Amount due from related parties						3,693
Inter-company receivable	[1]
Total current assetes						57,746
Non-current assets:
Operating lease, right-of-use assets						4,158
Property equipment and software,net						509
Goodwill
Investment in subsidiaries	[2]					644
Investment in WFOE	[3]
Total non-current assets						5,311
Total assets						63,057
Liabilities:
Accounts payble						1,078
Amount due to related parties						1,909
Inter-company payable
Operating lease liability-current						834
Contract liability						610
Tax payable						665
Other payables						40,007
Total current liabilities						45,103
Operating lease liability-noncurrent						2,749
Total non-current liability						2,749
Total liabilities						47,852
Shareholder’s equity
Paid up capital
Additional paid-in capital						590
Retained earnings						13,903
Accumulated other comprehensive income (loss)						712
Total Shareholders’ equity						15,205
Total Liabilities and shareholders’ equity						63,057
WFOE Adjustment [Member]
Current assets:
Cash and cash equivlaents	[3]
Accounts receivable,net	[3]
Other receivables - net	[3]
Amount due from related parties	[3]
Inter-company receivable	[1],[3]
Total current assetes	[3]
Non-current assets:
Operating lease, right-of-use assets	[3]
Property equipment and software,net	[3]
Goodwill	[3]
Investment in subsidiaries	[2],[3]
Investment in WFOE	[3]					(3,391)
Total non-current assets	[3]					(3,391)
Total assets	[3]					(3,391)
Liabilities:
Accounts payble	[3]
Amount due to related parties	[3]
Inter-company payable	[3]
Operating lease liability-current	[3]
Contract liability	[3]
Tax payable	[3]
Other payables	[3]
Total current liabilities	[3]
Operating lease liability-noncurrent	[3]
Total non-current liability	[3]
Total liabilities	[3]
Shareholder’s equity
Paid up capital	[3]
Additional paid-in capital	[3]					(3,406)
Retained earnings	[3]					3
Accumulated other comprehensive income (loss)	[3]					12
Total Shareholders’ equity	[3]					(3,391)
Total Liabilities and shareholders’ equity	[3]					(3,391)
DSO-Sub Inside China Adjustment [Member]
Current assets:
Cash and cash equivlaents	[2]
Accounts receivable,net	[2]
Other receivables - net	[2]
Amount due from related parties	[2]
Inter-company receivable	[1],[2]
Total current assetes	[2]
Non-current assets:
Operating lease, right-of-use assets	[2]
Property equipment and software,net	[2]
Goodwill	[2]					72
Investment in subsidiaries	[2]					(644)
Investment in WFOE	[2],[3]
Total non-current assets	[2]					(572)
Total assets	[2]					(572)
Liabilities:
Accounts payble	[2]
Amount due to related parties	[2]
Inter-company payable	[2]
Operating lease liability-current	[2]
Contract liability	[2]
Tax payable	[2]
Other payables	[2]
Total current liabilities	[2]
Operating lease liability-noncurrent	[2]
Total non-current liability	[2]
Total liabilities	[2]
Shareholder’s equity
Paid up capital	[2]
Additional paid-in capital	[2]					(540)
Retained earnings	[2]					(46)
Accumulated other comprehensive income (loss)	[2]					14
Total Shareholders’ equity	[2]					(570)
Total Liabilities and shareholders’ equity	[2]					$ (570)
[1] Together with (b), another half of the elimination of inter-company receivable from SOS and inter-company payable from SOSIT for the same amount of $38.42 million; This entry is also an elimination entry to knock off SOSIT’s long-term investment at cost in IMSOS against IMSOS’s paid-up capital, additional capital and retained earning etc. This entry is to eliminate China SOS’s long-term investment at initial cost in WFOE against WFOE’s paid-up capital, additional paid-up capital and retained earnings etc; SOSIT received fund on behalf of SOS; it was the proceeds net of legal expenses paid by private equity investors, equivalent to $38.42 million. Together with (c) it is proposed to offset account receivable and account payable for the same amount via inter-company account; This entry represents an inter-company elimination entry between SOS and SOSNY. This entry is to eliminate China SOS’s investment in WFOE against WFOE’s paid-up capital, additional paid-up capital and retained earning if any; SOS disposed off the legacy business in August 2020, it incurred a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million; It was acquired previously in June 2020 by issuing class A common share for the amount of $9.66 million; This entry is to eliminate SOS’s investment in China SOS against China SOS’s paid-up capital, additional paid-up capital and retained earning if any; This entry is to re-classify paid-up capital to additional capital by Register of members reconciliation table and re-classify between retained earnings and additional paid-up capital; This entry is to eliminate SOSNY’s investment in China SOS against China SOS’s paid-up capital, additional paid-up capital and retained earning if any;

Revenue Analysis and Segment _8

Revenue Analysis and Segment Information (Details) - Schedule of condensed consolidated statement of cash flow - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
SOS Ltd [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)		$ (10,284)		$ (54,250)		$ (1,403)
Net (loss) income from discontinued operation
Net (loss)/income from continuing operation		(10,284)		(54,250)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment
Depreciation of ROU
Accretion of finance leases
Share-based compensation		14,714		33,537		506
Allowance for doubtful accounts - accounts receivable
Allowance for doubtful accounts - other receivable		9,422
Impairment of cryptocurrencies
Impairment of Mining Equipment
Inventory mark down
Loss on acquisition
Income from disposal of discoutinued opeations
Inventory
Changes in operating assets and liabilities
Accounts receivable
Other receivables		81,100		(9,522)
Inter-company account		(114,794)		(99,132)
Amount due from related parties		(20,830)
Intangible assets
Accrued liabilities
Tax payables
Accounts payable
Other payables		100		5,141
Amount due to related parties				15
Contract liabilities
Lease liability
Net cash (used in) generated from operating activities		(40,572)		(124,211)		(897)
Net Cash generated from Operating Activities - Discontinued Operations
Purchase of property, equipment and equipment
Investment in equity				(374,463)
Proceed from disposals of discontiuned operations
Net cash (used in) generated from investing activities				(374,463)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs		18,463		510,271
Proceed from private equity placement, net of issuance costs						1,000
Repayment of principle portion of lease liabilities
Proceeds from disposal of subsidiaries		17,000
Net cash generated from (used in) financing activities		35,463		510,271		1,000
EFFECT OF EXCHANGE RATES ON CASH						(1)
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent		(5,109)		11,597		102
CASH AND CASH EQUIVALENTTS, beginning of year		12,301		1		1
CASH AND CASH EQUIVALENTTS, end of year		7,193		11,598		103
China SOS Ltd [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)		(114,515)		2,648		(2)
Net (loss) income from discontinued operation
Net (loss)/income from continuing operation		(114,515)		2,648
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment		3,143
Depreciation of ROU
Accretion of finance leases
Share-based compensation
Allowance for doubtful accounts - accounts receivable
Allowance for doubtful accounts - other receivable		92,817
Impairment of cryptocurrencies		8,425
Impairment of Mining Equipment		7,686
Inventory mark down
Loss on acquisition
Income from disposal of discoutinued opeations
Inventory
Changes in operating assets and liabilities
Accounts receivable
Other receivables		(39,738)		(99,516)
Inter-company account		(22,758)		128,855
Amount due from related parties		(113,769)		(900)
Intangible assets		(212)		(14,502)
Accrued liabilities
Tax payables
Accounts payable				11,359
Other payables		178,855		121		100
Amount due to related parties
Contract liabilities
Lease liability
Net cash (used in) generated from operating activities		(66)		28,065		98
Net Cash generated from Operating Activities - Discontinued Operations
Purchase of property, equipment and equipment		(5,458)		(11,358)
Investment in equity				(310,205)		(3,391)
Proceed from disposals of discontiuned operations
Net cash (used in) generated from investing activities		(5,458)		(321,563)		(3,391)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs				452,076		3,578
Proceed from private equity placement, net of issuance costs
Repayment of principle portion of lease liabilities
Proceeds from disposal of subsidiaries
Net cash generated from (used in) financing activities				452,076		3,578
EFFECT OF EXCHANGE RATES ON CASH						(17)
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent		(5,524)		158,578		268
CASH AND CASH EQUIVALENTTS, beginning of year		160,091
CASH AND CASH EQUIVALENTTS, end of year		154,568		158,578		268
WFOE [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)				(12)		(3)
Net (loss) income from discontinued operation
Net (loss)/income from continuing operation				(12)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment
Depreciation of ROU
Accretion of finance leases
Share-based compensation
Allowance for doubtful accounts - accounts receivable
Allowance for doubtful accounts - other receivable
Impairment of cryptocurrencies
Impairment of Mining Equipment
Inventory mark down
Loss on acquisition
Income from disposal of discoutinued opeations
Inventory
Changes in operating assets and liabilities
Accounts receivable
Other receivables
Inter-company account		(294,670)		(311,415)
Amount due from related parties		212,863		(2)
Intangible assets
Accrued liabilities
Tax payables
Accounts payable
Other payables		78,525		47
Amount due to related parties
Contract liabilities
Lease liability
Net cash (used in) generated from operating activities		(3,282)		(311,382)		(3)
Net Cash generated from Operating Activities - Discontinued Operations
Purchase of property, equipment and equipment
Investment in equity						3,391
Proceed from disposals of discontiuned operations
Net cash (used in) generated from investing activities						3,391
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs				315,547
Proceed from private equity placement, net of issuance costs
Repayment of principle portion of lease liabilities
Proceeds from disposal of subsidiaries
Net cash generated from (used in) financing activities				315,547
EFFECT OF EXCHANGE RATES ON CASH				(1)		(84)
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent		(3,282)		4,164		3,304
CASH AND CASH EQUIVALENTTS, beginning of year		4,164
CASH AND CASH EQUIVALENTTS, end of year		883		4,164		3,304
VIE [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)				3
Net (loss) income from discontinued operation
Net (loss)/income from continuing operation				3
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment
Depreciation of ROU
Accretion of finance leases
Share-based compensation
Allowance for doubtful accounts - accounts receivable
Allowance for doubtful accounts - other receivable
Impairment of cryptocurrencies
Impairment of Mining Equipment
Inventory mark down
Loss on acquisition
Income from disposal of discoutinued opeations
Inventory
Changes in operating assets and liabilities
Accounts receivable
Other receivables
Inter-company account
Amount due from related parties		(2)
Intangible assets
Accrued liabilities
Tax payables
Accounts payable
Other payables
Amount due to related parties
Contract liabilities
Lease liability
Net cash (used in) generated from operating activities		(2)		3
Net Cash generated from Operating Activities - Discontinued Operations
Purchase of property, equipment and equipment
Investment in equity
Proceed from disposals of discontiuned operations
Net cash (used in) generated from investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs
Proceed from private equity placement, net of issuance costs
Repayment of principle portion of lease liabilities
Proceeds from disposal of subsidiaries
Net cash generated from (used in) financing activities
EFFECT OF EXCHANGE RATES ON CASH
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent		(2)		3
CASH AND CASH EQUIVALENTTS, beginning of year		2
CASH AND CASH EQUIVALENTTS, end of year				3
Subsidiaries Outside China [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)		(78,243)	[1]	(10,584)
Net (loss) income from discontinued operation			[1]
Net (loss)/income from continuing operation		(78,243)	[1]	(10,584)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment		4,783	[1]
Depreciation of ROU		693	[1]
Accretion of finance leases		75	[1]
Share-based compensation			[1]
Allowance for doubtful accounts - accounts receivable			[1]
Allowance for doubtful accounts - other receivable		12,402	[1]
Impairment of cryptocurrencies			[1]	925
Impairment of Mining Equipment	[1]	14,562
Inventory mark down	[1]
Loss on acquisition			[1]
Income from disposal of discoutinued opeations			[1]
Inventory	[1]	(16)
Changes in operating assets and liabilities	[1]
Accounts receivable			[1]
Other receivables		(90,554)	[1]	(595)
Inter-company account		132,373	[1]	84,650
Amount due from related parties		(47,708)	[1]	1,000
Intangible assets		(117)	[1]
Accrued liabilities			[1]	3
Tax payables
Accounts payable		407
Other payables		1,600
Amount due to related parties				9
Contract liabilities
Lease liability		921
Net cash (used in) generated from operating activities		(48,822)		75,408
Net Cash generated from Operating Activities - Discontinued Operations
Purchase of property, equipment and equipment		(10,572)		(16,922)
Investment in equity				(64,794)
Proceed from disposals of discontiuned operations
Net cash (used in) generated from investing activities		(10,572)		(81,716)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs				110,523
Proceed from private equity placement, net of issuance costs
Repayment of principle portion of lease liabilities		(768)
Proceeds from disposal of subsidiaries
Net cash generated from (used in) financing activities		(768)		110,523
EFFECT OF EXCHANGE RATES ON CASH				(98)
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent		(60,162)		104,117
CASH AND CASH EQUIVALENTTS, beginning of year		101,210
CASH AND CASH EQUIVALENTTS, end of year		41,049		104,117
Subsidiaries Inside China [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)		(26,405)	[2]	911
Net (loss) income from discontinued operation		(261)	[2]	3,374
Net (loss)/income from continuing operation		(26,144)	[2]	(2,463)
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:				52,604
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment		34	[2]	4,007
Depreciation of ROU			[2]	843
Accretion of finance leases			[2]	152
Share-based compensation			[2]
Allowance for doubtful accounts - accounts receivable		(500)	[2]	963
Allowance for doubtful accounts - other receivable		56,201	[2]	269
Impairment of cryptocurrencies			[2]
Impairment of Mining Equipment	[2]	2,795
Inventory mark down	[2]	16,786
Loss on acquisition	[2]
Income from disposal of discoutinued opeations	[2]
Inventory		(5,251)	[2]	(60,587)
Changes in operating assets and liabilities	[2]
Accounts receivable		17,911	[2]	(19,843)
Other receivables		(10,891)	[2]	(52,300)
Inter-company account		299,849	[2]	197,042
Amount due from related parties		(79,350)	[2]	(32,404)
Intangible assets			[2]
Accrued liabilities		1,076	[2]	19,306
Tax payables		3,650		(6,099)
Accounts payable		1,051		17
Other payables		(253,320)		12
Amount due to related parties		607		2
Contract liabilities
Lease liability
Net cash (used in) generated from operating activities		24,504		48,917
Net Cash generated from Operating Activities - Discontinued Operations		261
Purchase of property, equipment and equipment				(4,754)
Investment in equity				(657)
Proceed from disposals of discontiuned operations				5,504
Net cash (used in) generated from investing activities				(5,411)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs				(40,426)
Proceed from private equity placement, net of issuance costs
Repayment of principle portion of lease liabilities				(1,764)
Proceeds from disposal of subsidiaries
Net cash generated from (used in) financing activities				(42,190)
EFFECT OF EXCHANGE RATES ON CASH		(24,284)		1,925
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent		481		55,845
CASH AND CASH EQUIVALENTTS, beginning of year		60,259		3,721
CASH AND CASH EQUIVALENTTS, end of year		60,741		59,566
Consolidation Adjustments (a) [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)					[3]	(452)	[4]
Net (loss) income from discontinued operation					[3]
Net (loss)/income from continuing operation					[3]
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations	[4]
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:	[3]
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment					[3]		[4]
Depreciation of ROU					[3]
Accretion of finance leases					[3]
Share-based compensation					[3]		[4]
Allowance for doubtful accounts - accounts receivable					[3]		[4]
Allowance for doubtful accounts - other receivable					[3]		[4]
Impairment of cryptocurrencies					[3]
Impairment of Mining Equipment
Inventory mark down
Loss on acquisition							[4]
Income from disposal of discoutinued opeations							[4]
Inventory					[3]
Changes in operating assets and liabilities
Accounts receivable					[3]		[4]
Other receivables					[3]		[4]
Inter-company account					[3]
Amount due from related parties		(4,937)					[4]
Intangible assets					[3]
Accrued liabilities					[3]
Tax payables			[1]		[3]		[4]
Accounts payable			[1]		[3]		[4]
Other payables			[1]		[3]		[4]
Amount due to related parties			[1]		[3]		[4]
Contract liabilities			[1]				[4]
Lease liability	[1]
Net cash (used in) generated from operating activities		(4,936)	[1]		[3]	(452)	[4]
Net Cash generated from Operating Activities - Discontinued Operations	[1]
Purchase of property, equipment and equipment			[1]		[3]		[4]
Investment in equity				750,119	[3]		[4]
Proceed from disposals of discontiuned operations	[1]
Net cash (used in) generated from investing activities			[1]	750,119	[3]		[4]
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs			[1]	(750,119)	[3]		[4]
Proceed from private equity placement, net of issuance costs			[1]		[3]		[4]
Repayment of principle portion of lease liabilities			[1]		[3]
Proceeds from disposal of subsidiaries	[1]
Net cash generated from (used in) financing activities			[1]	(750,119)	[3]		[4]
EFFECT OF EXCHANGE RATES ON CASH			[1]		[3]		[4]
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent		(4,936)	[1]		[3]	(452)	[4]
CASH AND CASH EQUIVALENTTS, beginning of year			[1]		[3]		[4]
CASH AND CASH EQUIVALENTTS, end of year			[1]		[3]	(452)	[4]
Consolidation Adjustments (b) [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)				12,033	[5]	(6,161)	[6]
Net (loss) income from discontinued operation					[5]
Net (loss)/income from continuing operation				12,033	[5]
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations	[6]
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:	[5]
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment					[5]		[6]
Depreciation of ROU					[5]
Accretion of finance leases					[5]
Share-based compensation					[5]		[6]
Allowance for doubtful accounts - accounts receivable					[5]		[6]
Allowance for doubtful accounts - other receivable					[5]		[6]
Impairment of cryptocurrencies					[5]
Impairment of Mining Equipment
Inventory mark down
Loss on acquisition						5,679	[6]
Income from disposal of discoutinued opeations						(63)	[6]
Inventory	[5]
Changes in operating assets and liabilities
Accounts receivable					[5]		[6]
Other receivables					[5]		[6]
Inter-company account					[5]
Amount due from related parties	[6]
Intangible assets					[5]
Accrued liabilities					[5]
Tax payables			[2]		[5]		[6]
Accounts payable			[2]		[5]		[6]
Other payables			[2]		[5]		[6]
Amount due to related parties			[2]		[5]		[6]
Contract liabilities			[2]				[6]
Lease liability	[2]
Net cash (used in) generated from operating activities			[2]	12,033	[5]	(545)	[6]
Net Cash generated from Operating Activities - Discontinued Operations	[2]
Purchase of property, equipment and equipment			[2]		[5]		[6]
Investment in equity					[5]		[6]
Proceed from disposals of discontiuned operations	[2]
Net cash (used in) generated from investing activities			[2]		[5]		[6]
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs			[2]	(12,033)	[5]		[6]
Proceed from private equity placement, net of issuance costs			[2]		[5]		[6]
Repayment of principle portion of lease liabilities			[2]		[5]
Proceeds from disposal of subsidiaries	[2]
Net cash generated from (used in) financing activities			[2]	(12,033)	[5]		[6]
EFFECT OF EXCHANGE RATES ON CASH			[2]		[5]		[6]
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent			[2]		[5]	(545)	[6]
CASH AND CASH EQUIVALENTTS, beginning of year			[2]		[5]		[6]
CASH AND CASH EQUIVALENTTS, end of year			[2]		[5]	(545)	[6]
SOS Ltd. Consolidated Total [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)		(229,447)		(49,251)		4,404
Net (loss) income from discontinued operation		(261)		3,374
Net (loss)/income from continuing operation		(229,186)		(52,625)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations						3,500
Adjustments to reconcile net income net cash used in operating activities:
Net cash （used in）in generating from discountinued operating activities:				52,604
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment		7,960		4,007		2
Depreciation of ROU		693		843
Accretion of finance leases		75		152
Share-based compensation		14,714		33,537		506
Allowance for doubtful accounts - accounts receivable		(500)		963		1
Allowance for doubtful accounts - other receivable		170,842		269		158
Impairment of cryptocurrencies		8,425		925
Impairment of Mining Equipment		25,043
Inventory mark down		16,786
Loss on acquisition						5,679
Income from disposal of discoutinued opeations						(63)
Inventory		(5,267)		(60,587)
Changes in operating assets and liabilities
Accounts receivable		17,911		(19,843)		(2,065)
Other receivables		(60,083)		(161,933)		(36,019)
Inter-company account
Amount due from related parties		(53,732)		(32,306)		(2,871)
Intangible assets		(329)		(14,502)
Accrued liabilities		1,076		19,309
Tax payables		3,650		(6,099)		292
Accounts payable		1,458		11,376		(11,940)
Other payables		5,760		5,321		1,484
Amount due to related parties		607		26		(3,666)
Contract liabilities						546
Lease liability		921
Net cash (used in) generated from operating activities		(73,176)		(271,167)		(43,552)
Net Cash generated from Operating Activities - Discontinued Operations		261
Purchase of property, equipment and equipment		(16,030)		(33,034)		(501)
Investment in equity
Proceed from disposals of discontiuned operations				5,504
Net cash (used in) generated from investing activities		(16,030)		(33,034)		2,999
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs		18,463		585,839		3,578
Proceed from private equity placement, net of issuance costs						39,973
Repayment of principle portion of lease liabilities		(768)		(1,764)
Proceeds from disposal of subsidiaries		17,000
Net cash generated from (used in) financing activities		34,695		584,075		43,551
EFFECT OF EXCHANGE RATES ON CASH		(24,284)		1,826		683
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent		(78,534)		334,304		3,681
CASH AND CASH EQUIVALENTTS, beginning of year		338,026		3,722		41
CASH AND CASH EQUIVALENTTS, end of year		$ 264,434		$ 338,026		3,722
DSO-Sub Inside China Adjustment [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss)						12,425
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed from disposals of discontinued operations						3,500
Adjustments to reconcile net income net cash used in operating activities:
Depreciation of property, plant and equipment						2
Share-based compensation
Allowance for doubtful accounts - accounts receivable						1
Allowance for doubtful accounts - other receivable						158
Loss on acquisition
Income from disposal of discoutinued opeations
Accounts receivable						(2,065)
Other receivables						(36,019)
Amount due from related parties						(2,871)
Tax payables						292
Accounts payable						(11,940)
Other payables						1,384
Amount due to related parties						(3,666)
Contract liabilities						546
Net cash (used in) generated from operating activities						(41,753)
Purchase of property, equipment and equipment						(501)
Investment in equity						0
Net cash (used in) generated from investing activities						2,999
CASH FLOWS FROM FINANCING ACTIVITIES
Proceed from share issuance, net of issuance costs
Proceed from private equity placement, net of issuance costs						38,973
Net cash generated from (used in) financing activities						38,973
EFFECT OF EXCHANGE RATES ON CASH						785
Net increase/(decrease), effect of exchange rate changes on cash and cash equivalent						1,004
CASH AND CASH EQUIVALENTTS, beginning of year						40
CASH AND CASH EQUIVALENTTS, end of year						$ 1,044
[1] This entry is to eliminate investment against equity accounts; This entry is to offset legal expenses against gross proceeds from direct public offerings. SOS disposed off the legacy business in August 2020, it incurred a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million ; SOS picks up the legal expense of $0.45 million paid by China SOS, this increase the net loss of SOS by the same amount; SOS picked up legal expenses paid by China SOS for the amount of $0.45 million. To reflect the impact of SOS’s disposition of XRF’s fintech business on cash flow: a loss from an acquisition of $5.68 million and a loss from discontinued operation of $0.55 million, as well as a gain from the asset sale of 0.63 million, adding up to a total loss of $6.16 million.