| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 3 Months Ended |
| Mar. 31, 2024 |
| Accounting Policies [Abstract] | |
| Basis of Presentation | Basis
of Presentation The
accompanying financial statements have been prepared in accordance with U.S. GAAP and pursuant to the rules and regulations of the Securities
and Exchange Commission (“SEC”). |
| Unaudited Interim Financial Information | Unaudited
Interim Financial Information The
accompanying interim balance sheet as of March 31, 2024, the interim statements of operations and comprehensive income (loss), statements
of changes in shareholders’ equity (deficiency), and cash flows for the three months ended March 31, 2024 and 2023 and the related
notes to such interim financial statements are unaudited. These unaudited interim financial statements have been prepared in accordance
with U.S. GAAP. In management’s opinion, the unaudited interim financial statements have been prepared on the same basis as the
annual financial statements and reflect all adjustments, which include only normal recurring adjustments necessary for the fair statement
of the Company’s financial position as of March 31, 2024 and the Company’s results of operations and cash flows for the three
months ended March 31, 2024 and 2023. The results of operations for the three months ended March 31, 2024 are not necessarily indicative
of the results to be expected for the full year ending December 31, 2024. |
| Use of Estimates | Use
of Estimates In
preparing the financial statements in conformity with U.S. GAAP, the management is required to make certain estimates and assumptions
that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial
statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information available
as of the date of the financial statements. Significant estimates required to be made by management include, but are not limited to,
the allowance for doubtful accounts, useful lives of property and equipment, the impairment of long-lived assets, and valuation allowance
of deferred tax assets. Actual results could differ from those estimates. |
| Cash and Cash Equivalents | Cash
and Cash Equivalents Cash
and cash equivalents include cash on hand and deposits in banks that are unrestricted as to withdrawal or use, and which have original
maturities of three months or less. |
| Accounts Receivable, net | Accounts
Receivable, net Accounts
receivable, net represent the amounts that the Company has an unconditional right to consideration, which are stated at the original
amount less an allowance for doubtful receivables. The Company reviews the accounts receivable on a periodic basis and makes general
and specific allowances when there is doubt as to the collectability of individual balances. The Company usually determines the adequacy
of reserves for doubtful accounts based on individual account analysis and historical collection trends. The Company establishes a provision
for doubtful receivables when there is objective evidence that the Company may not be able to collect amounts due. The allowance is based
on management’s best estimates of specific losses on individual exposures, as well as a provision on historical trends of collections.
The provision is recorded against accounts receivables balances, with a corresponding charge recorded in the statements of operations
and comprehensive income. Delinquent account balances are written off against the allowance for doubtful accounts after management has
determined that the likelihood of collection is remote. In circumstances in which the Company receives payment for accounts receivable
that have previously been written off, the Company reverses the allowance and bad debt. |
| Inventories | Inventories Inventories
consist principally of raw materials used for rendering computing sharing services and for manufacturing hoverbikes. Work in progress
represents the costs incurred to date on unfinished products or services. The costs recognized as work in progress include direct materials,
direct labor, and overhead costs that are directly attributable to the production of the unfinished product or service. Inventories are
stated at the lower of cost or net realizable value, cost being determined by the first-in, first-out method for merchandise. Net realizable
value is calculated at estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal,
and transportation. Loss from inventories written down to net realizable value should be recognized whenever the utility of goods is
impaired by damage, deterioration, obsolescence, changes in price levels, or other causes. When inventories have been written down below
cost, the reduced amount is to be considered the cost for subsequent accounting purposes. |
| Fixed assets | Fixed
assets Property
and equipment are stated at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated
useful lives, as more details follow: SCHEDULE OF ESTIMATED USEFUL LIVES OF FIXED ASSETS
Depreciation Method Useful Life
Building and building accessories Straight-line method 8 38
Office equipment and furniture Straight-line method 2 10
Software Straight-line method 5
Design right Straight-line method 7
Patent right Straight-line method 8 Expenditures
for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures
for major renewals and betterments which substantially extend the useful life of assets are capitalized. The cost and related accumulated
depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the statements
of operations and comprehensive income (loss). |
| Impairment of Long-Lived Assets | Impairment
of Long-Lived Assets Long-lived
assets with finite lives, primarily property and equipment, are reviewed for impairment whenever events or changes in circumstances indicate
that the carrying amount of an asset may not be recoverable. If the estimated cash flows from the use of the asset and its eventual disposition
are below the asset’s carrying value, then the asset is deemed to be impaired and written down to its fair value. |
| Warrant Liabilities | Warrant
Liabilities We
account for the Warrants in accordance with the guidance contained in Accounting Standards Codification (“ASC”) 815-40 —
Derivatives and Hedging — Contracts in Entity’s Own Equity (“ASC 815), under which the Warrants do not meet the criteria
for equity treatment and must be recorded as liabilities. Accordingly, we classify the Warrants as liabilities at their fair value and
adjust the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until
exercised, and any change in fair value is recognized in our statements of operations. The Placement Warrants, Public Warrants, and Debt
Warrants for periods where no observable traded price was available are valued using a Black Scholes model. |
| Share-based Compensation | Share-based
Compensation We
account for the share-based compensation in accordance with the guidance contained in Accounting Standards Codification (“ASC”)
718 — “Compensation – Stock Compensation” and ASC 505, “Equity Based Payments to Non-Employees” , |
| Convertible Promissory Notes and Derivative Instruments | Convertible
Promissory Notes and Derivative Instruments The
Company accounts for the fair value of the conversion feature in accordance with the guidance contained in ASC 815, which requires the
Company to bifurcate and separately account for the conversion feature as an embedded derivative contained in the Company’s convertible
promissory note. Accordingly, we account for the conversion option as an embedded derivative contained in the Company’s promissory
note at fair value. The derivative liability is required to be remeasured at each reporting date and the change in fair value is recognized
in our statements of operations. |
| Statements of Cash Flows | Statements
of Cash Flows In
accordance with FASB ASC 830-230, “Statement of Cash Flows”, cash flows from the Company’s operations are calculated
based upon the functional currency. As a result, amounts related to assets and liabilities reported on the statement of cash flows may
not necessarily agree with changes in the corresponding balances on the balance sheet. |
| Revenue Recognition | Revenue
Recognition The
Company recognizes revenue in accordance with ASC Topic 606, “Revenue from Contracts with Customers”. To
determine revenue recognition for contracts with customers, the Company performs the following five steps : (i) identify the contract(s)
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. Revenue amount represents the invoiced value and net of a value-added tax (“Consumption Tax”). The Consumption
Tax on sales is calculated at 10% of gross sales. When
another party is involved in providing goods or services to our customer, we apply the principal versus agent guidance in ASC Topic 606
to determine if we are the principal or an agent to the transaction. When we control the specified goods or services before they are
transferred to our customer, we report revenue gross, as principal. If we do not control the goods or services before they are transferred
to our customer, revenue is reported net of the fees paid to the other party, as agent. |
| Cost of Revenues | Cost
of Revenues Cost
of revenues primarily consists of salaries and related expenses (e.g. bonuses, employee benefits, and payroll taxes) for personnel directly
involved in the delivery of services and products directly to customers. Cost of revenues also includes royalty/license payments to vendors,
hosting and infrastructure costs related to the delivery of the Company’s products and services, and inventory write-down. |
| Advertising Expenses | Advertising
Expenses Advertising
expenses consist primarily of costs of promotion and marketing for the Company’s image and products, and costs of direct advertising,
and are included in selling expenses. The Company expenses advertising costs as incurred, in accordance with the ASC 720-35, “Advertising
Costs”. |
| Concentration of Credit Risk | Concentration
of Credit Risk Financial
instruments that potentially subject the Company to credit risk consist primarily of accounts and other receivables. The Company does
not require collateral or other security to support these receivables. The Company conducts periodic reviews of the financial condition
and payment practices of its customers to minimize collection risk on accounts receivable. |
| Comprehensive Income or Loss | Comprehensive
Income or Loss ASC
220, “Comprehensive Income,” establishes standards for reporting and display of comprehensive income or loss, its components
and accumulated balances. Comprehensive income or loss as defined includes all changes in equity during a period from non-owner sources.
Accumulated other comprehensive loss, as presented in the accompanying statements of changes in shareholders’ deficit, consists
of changes in unrealized gains and losses on foreign currency translation. |
| Earnings (Loss) Per Share | Earnings
(Loss) Per Share The
Company computes basic and diluted earnings (loss) per share in accordance with ASC 260, Earnings per Share |
| Related Parties and Transactions | Related
Parties and Transactions The
Company identifies related parties, and accounts for, discloses related party transactions in accordance with ASC 850, “Related
Party Disclosures” and other relevant ASC standards. Parties,
which can be an entity or individual, are considered to be related if they have the ability, directly or indirectly, to control the Company
or exercise significant influence over the Company in making financial and operational decisions. Entities are also considered to be
related if they are subject to common control or common significant influence. Transactions
involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive,
free market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related
party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations
can be substantiated. |
| Income Taxes | Income
Taxes Income
taxes are accounted for using an asset and liability method of accounting for income taxes in accordance with ASC 740, “Income
Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current
period and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s
financial statements or tax returns. Deferred tax assets also include the prior years’ net operating losses carried forward. Deferred
tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized
in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred
tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or
all of the deferred tax assets will not be realized. The
Company follows ASC 740, which prescribes a more-likely-than-not threshold for financial statement recognition and measurement of a tax
position taken or expected to be taken in a tax return. ASC 740 also provides guidance on recognition of income tax assets and liabilities,
classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions,
accounting for income taxes in interim periods, and income tax disclosures. Under
the provisions of ASC 740, when tax returns are filed, it is likely that some positions taken would be sustained upon examination by
the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position
that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which,
based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination,
including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions.
Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more
than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax
positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the
accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination.
Interest associated with unrecognized tax benefits is classified as interest expense and penalties are classified in selling, general
and administrative expenses in the statements of operations. |
| Fair Value Measurements | Fair
Value Measurements The
Company performs fair value measurements in accordance with ASC 820. Fair value is defined as the price that would be received to sell
an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 establishes
a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when
measuring fair value. An asset’s or a liability’s categorization within the fair value hierarchy is based upon the lowest
level of input that is significant to the fair value measurement. ASC 820 establishes three levels of inputs that may be used to measure
fair value.
● Level
1: quoted prices in active markets for identical assets or liabilities;
● Level
2: inputs other than Level 1 that are observable, either directly or indirectly; or
● Level
3: unobservable inputs that are supported by little or no market activity and that are significant to the fair values of the assets
or liabilities. |
| Contingencies | Contingencies Certain
conditions may exist as of the date financial statements are issued, which may result in a loss to the Company but which will only be
resolved when one or more future events occur or fail to occur. The Company is subject to potential liabilities generally incidental
to our business arising out of present and future lawsuits and claims related to product liability, personal injury, contract, commercial,
intellectual property, tax, employment, compliance and other matters that arise in the ordinary course of business. When a loss is considered
probable and reasonably estimable, we record a liability in the amount of our best estimate for the ultimate loss. |
| Discontinued Operations | Discontinued
Operations AS C
205-20 provides guidance on discontinued operation presentation requirements. |
| Recent Accounting Pronouncements | Recent
Accounting Pronouncements We
did not implement any new accounting pronouncements during 2023. However, we are evaluating the impact of the future disclosures that
may arise under recent SEC and other promulgators’ recently finalized rules and outstanding proposals. |
