Asset Entities (ASST) 10-K 1 Apr 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Mar. 29, 2024	Jun. 30, 2023
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Document Financial Statement Error Correction [Flag]	false
Entity Interactive Data Current	Yes
ICFR Auditor Attestation Flag	false
Amendment Flag	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Information [Line Items]
Entity Registrant Name	ASSET ENTITIES INC.
Entity Central Index Key	0001920406
Entity File Number	001-41612
Entity Tax Identification Number	88-1293236
Entity Incorporation, State or Country Code	NV
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Public Float			$ 6,898,619.76
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	100 Crescent Ct
Entity Address, Address Line Two	7th Floor
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75201
Entity Phone Fax Numbers [Line Items]
City Area Code	(214)
Local Phone Number	459-3117
Entity Listings [Line Items]
Title of 12(b) Security	Class B Common Stock, $0.0001 par value per share
Trading Symbol	ASST
Security Exchange Name	NASDAQ
Class A Common Stock
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		7,532,029
Class B Common Stock
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		6,892,381

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Auditor [Table]
Auditor Name	WWC, P.C.
Auditor Firm ID	1171
Auditor Location	San Mateo, CA

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash	$ 2,924,323	$ 137,177
Prepaid expenses	38,681
Deferred offering costs		235,844
Total Current Assets	2,963,004	373,021
Non-Current Assets
Property and equipment, net	12,825
Intangible asset	100,000
Total Non-Current Assets	112,825
TOTAL ASSETS	3,075,829	373,021
Current Liabilities
Accounts payable and credit card liability	150,096	214,590
Contract liabilities	3,445	4,648
Total Current Liabilities	153,541	219,238
TOTAL LIABILITIES	153,541	219,238
Commitments and contingencies
Stockholders’ Equity
Preferred Stock; $0.0001 par value, 50,000,000 authorized
Common Stock Value
Treasury Stock, at cost: Class B Common Stock - 250,000 and 0 shares, respectively	(176,876)
Additional paid in capital	8,656,036	779,826
Accumulated deficit	(5,558,315)	(627,118)
TOTAL STOCKHOLDERS’ EQUITY	2,922,288	153,783
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	3,075,829	373,021
Class A Common Stock
Stockholders’ Equity
Common Stock Value	839	839
Class B Common Stock
Stockholders’ Equity
Common Stock Value	$ 604	$ 236

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Preferred stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	200,000,000	200,000,000
Class A Common Stock
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	8,385,276	8,385,276
Common stock, shares outstanding	8,385,276	8,385,276
Class B Common Stock
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	190,000,000	190,000,000
Common stock, shares issued	6,039,134	2,364,724
Common stock, shares outstanding	6,039,134	2,364,724
Treasury Stock, at cost Class B Common Stock	250,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue	$ 277,038	$ 343,106
Operating expenses
Contract labor	176,773	155,232
General and administrative	2,183,155	462,971
Management compensation	2,848,307	370,158
Total operating expenses	5,208,235	988,361
Loss from operations	(4,931,197)	(645,255)
Net loss	$ (4,931,197)	$ (645,255)
Loss per share of common stock - basic (in Dollars per share)	$ (0.36)	$ (0.06)
Weighted average number of shares of common stock outstanding - basic (in Shares)	13,577,993	10,249,315

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Loss per share of common stock - diluted	$ (0.36)	$ (0.06)
Weighted average number of shares of common stock outstanding - diluted	13,577,993	10,249,315

Consolidated Statement of Stock

Consolidated Statement of Stockholders’ Equity - USD ($)	Class A Common stock	Class B Common stock	Preferred Stock	Additional Paid in Capital	Subscription Receivable	Treasury Stock	Retained earnings (Accumulated Deficit)	Total
Balance at Dec. 31, 2021	$ 976	$ 24		$ 249,976	$ (225,976)		$ 18,137	$ 43,137
Balance (in Shares) at Dec. 31, 2021	9,756,000	244,000
Conversion from Class A to Class B common stock	$ (137)	$ 137
Conversion from Class A to Class B common stock (in Shares)	(1,370,724)	1,370,724
Class B Common stock issued		$ 75		529,850				529,925
Class B Common stock issued (in Shares)		750,000
Subscription received					225,976			225,976
Net loss							(645,255)	(645,255)
Balance at Dec. 31, 2022	$ 839	$ 236		779,826			(627,118)	153,783
Balance (in Shares) at Dec. 31, 2022	8,385,276	2,364,724
Class B Common stock issued		$ 177		6,580,470				6,580,647
Class B Common stock issued (in Shares)		1,763,410
Class A and B Common stock issued for restricted stock awards		$ 191		1,295,740				$ 1,295,931
Class A and B Common stock issued for restricted stock awards (in Shares)		1,911,000						1,911,000
Repurchase of Class B Common stock						(176,876)		$ (176,876)
Net loss							(4,931,197)	(4,931,197)
Balance at Dec. 31, 2023	$ 839	$ 604		$ 8,656,036		$ (176,876)	$ (5,558,315)	$ 2,922,288
Balance (in Shares) at Dec. 31, 2023	8,385,276	6,039,134

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (4,931,197)	$ (645,255)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based compensation	1,295,931
Depreciation and amortization	734
Changes in operating assets and liabilities:
Prepaid expenses	(38,681)
Accounts payable and accrued expenses	(133,207)	44,228
Contract liabilities	(1,203)	(1,802)
Net cash used in operating activities	(3,807,623)	(602,829)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(13,559)
Purchase of intangible asset	(100,000)
Net cash used in Investing Activities	(113,559)
CASH FLOWS FROM FINANCING ACTIVITIES
Class A common stock subscription proceeds received		976
Class B common stock subscription proceeds received, net	6,885,204	754,925
Deferred offering costs		(49,626)
Reacquisition of shares	(176,876)
Net cash provided by financing activities	6,708,328	706,275
Net change in cash	2,787,146	103,446
Cash at beginning of year	137,177	33,731
Cash at end of year	2,924,323	137,177
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes
Cash paid for interest
NON CASH INVESTING AND FINANCING ACTIVITIES
Conversion from Class A to Class B common stock		$ 137

Organization, Description of Bu

Organization, Description of Business and Liquidity	12 Months Ended
	Dec. 31, 2023
Organization, Description of Business and Liquidity [Abstract]
Organization, Description of Business and Liquidity	Note 1. Organization, Description of Business and Liquidity Organization Asset Entities Inc. (“Asset Entities”, “we”, “us” or the “Company”), began operations as a general partnership in August 2020 and formed Assets Entities Limited Liability Company in the state of California on October 20, 2020. The consolidated financial statements reflect the operations of the Company from inception of the general partnership. On March 15, 2022, the Company filed Articles of Merger to register and incorporate with the state of Nevada and changed the company name to Asset Entities Inc. On March 9, 2022, the Company filed Articles of Incorporation with the state of Nevada to authorize the Company to issue 250,000,000 shares, consisting of 10,000,000 shares of Class A Common Stock, $0.0001 par value per share (“Class A Common”), 190,000,000 shares of Class B Common stock, $0.0001 par value per share (“Class B Common”), and 50,000,000 shares of Preferred Stock, $0.0001 par value (the “Preferred Stock”). On March 28, 2022, all 51,250,000 units of the previously outstanding membership interests were exchanged for 9,756,000 shares of Class A Common Stock and 244,000 shares of Class B Common Stock. Description of Business Asset Entities is an Internet company providing social media marketing, content delivery, and development and design services across Discord, TikTok, and other social media platforms. Based on the rapid growth of our Discord servers and social media following, we have developed three categories of services. First, we provide subscription upgrades to premium content on our investment education and entertainment servers on Discord. Second, we codevelop and execute influencer social media and marketing campaigns for clients. Third, we design, develop and manage Discord servers for clients under our “AE.360.DDM” brand. Our AE.360.DDM service was just released in December 2021. All of these services – our Discord investment education and entertainment, social media and marketing, and AE.360.DDM services – are therefore based on our effective use of Discord in combination with ongoing social media outreach on TikTok, Facebook, Twitter, Instagram, and YouTube. Liquidity The Company had an accumulated deficit of $5,558,315 at December 31, 2023, $2,924,323 in cash at December 31, 2023, and a net loss of $4,931,197 during the year ended December 31, 2023. However, the Company initiated a sale of 621,590 shares of common stock under its Amended and Restated Closing Agreement on March 27, 2024, and the Company intends to file a “shelf” registration statement and arrange for one or more financings to commence pursuant to such shelf registration statement shortly after it becomes effective. Based on the Company’s existing cash resources and the cash expected to be received from these financings, it is expected that the Company will have sufficient funds to carry out the Company’s planned operations through December 31, 2024.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Basis of Presentation The consolidated financial statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (” GAAP”) and are presented in US dollars. The Company uses the accrual basis of accounting and has adopted a December 31 fiscal year end. Consolidation The consolidated financial statements included Asset Equity LLC (“Asset Equity”) which is accounted for as a variable interest entity (“VIE”), because the Company is the primary beneficiary, as a result of the Company’s officers being responsible for 100% of the operations of Asset Equity, and the Company derived 100% of the net profits or losses from Asset Equity’s business operations. Through common control, the management of the Company had effective control over Asset Equity and had the power to direct the activities of Asset Equity that most significantly impact its economic performance. There were no restrictions on the consolidated VIE’s assets and on the settlement of its liabilities. Asset Equity LLC (“Asset Equity”) was a limited liability company organized in the state of Delaware on February 26, 2021 and dissolved on April 21, 2022. The co-founders of the Company, who were the managers of Asset Equity, formed Asset Equity for the purposes of setting up a separate bank account for revenues derived from the Discord server designated for cryptocurrency education. All intercompany transactions and balances have been eliminated on consolidation. If facts and circumstances change such that the conclusion to consolidate the VIE has changed, the Company shall disclose the primary factors that caused the change and the effect on the Company’s financial statements in the periods when the change occurs. On April 21, 2022, the Company dissolved our VIE, Asset Equity LLC, and moved all operations to the Company. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting period. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates. Cash and Cash Equivalents For purposes of balance sheet presentation and reporting of cash flows, the Company considers all unrestricted demand deposits, money market funds and highly liquid debt instruments with an original maturity of less than 90 days to be cash and cash equivalents. The Company had no cash equivalents at December 31, 2023 and 2022. Periodically, the Company may carry cash balances at financial institutions more than the federally insured limit of $250,000 per institution. The amount in excess of the FDIC insurance as of December 31, 2023, was approximately $2.4 million. The Company has not experienced losses on account balances and management believes, based upon the quality of the financial institutions, that the credit risk with regard to these deposits is not significant. Accounts Receivable Accounts receivable are recorded in accordance with ASC 310, “Receivables.” Accounts receivable are recorded at the invoiced amount and do not bear interest. The Company’s expected loss allowance methodology for accounts receivable is developed using historical collection experience, current and future economic and market conditions, and a review of the current status of customers’ trade accounts receivable. Due to the short-term nature of such receivables, the estimated accounts receivable that may not be collected is based on aging of the accounts receivable balances. To measure expected credit losses, accounts receivable are grouped based on shared risk characteristics and days past due. Deferred Offering Costs As of December 31, 2022, deferred offering costs represent legal fees for preparation of any securities purchase agreements or current registration statement. The Company recorded these fees as a current asset that netted against gross proceeds received from any offering or placements. In February 2023, the Company issued common stock as initial public offering and netted offering cost as additional paid in capital. Property and equipment Property and equipment are stated at cost less accumulated depreciation and impairment loss, if any. Property and equipment are depreciated at rates sufficient to write off their costs less impairment and residual value, if any, over their estimated useful lives on a straight-line basis. Category Useful life Building 39 Machinery and Equipment 5-10 Office Equipment and Fixtures 5 Vehicle 8 The Company did not have any Building, Machinery and Equipment, and Vehicle as of December 31, 2023. Maintenance and repairs are charged to expense as incurred. Improvements of a major nature are capitalized. At the time of retirement or other disposition of property and equipment, the cost and accumulated depreciation are removed from the accounts and any gains or losses are reflected in income. The long-lived assets of the Company are reviewed for impairment in accordance with ASC No. 360, “Property, Plant and Equipment” (“ASC No. 360”), whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted cash flows expected to be generated by the assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Intangible Assets Intangible assets acquired are recorded at fair value. We test our finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. We test our indefinite-lived intangible assets for impairment annually or whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. If the carrying value exceeds the fair value, we recognize an impairment in an amount equal to the excess, not to exceed the carrying value. Management uses considerable judgment to determine key assumptions, including projected revenue, royalty rates and appropriate discount rates. There were no intangible asset impairment charges in 2023 or 2022. Finite-lived intangible assets are amortized using the straight-line method over their estimated useful lives, which ranges from 5 to 15 years. Our finite-lived intangible assets include acquired franchise agreements, acquired customer relationships, acquired customer lists, and internally developed software. Our indefinite-lived intangible assets include acquired domain names, trade names, and purchased software. Intangible assets internally developed are measured at cost. We capitalize costs to develop or purchase computer software for internal use which are incurred during the application development stage. These costs include fees paid to third parties for development services and payroll costs for employees’ time spent developing the software. We expense costs incurred during the preliminary project stage and the post-implementation stage. Capitalized development costs are amortized on a straight-line basis over the estimated useful life of the software. The capitalization and ongoing assessment of recoverability of development costs requires considerable judgment by management with respect to certain external factors, including, but not limited to, technological and economic feasibility, and estimated economic life. Impairment of Long-lived Assets Other Than Goodwill Long-lived assets with finite lives, primarily property and equipment, intangible assets, and operating lease right-of-use assets 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. Fair Value Measurements The Company uses a three-tier fair value hierarchy to classify and disclose all assets and liabilities measured at fair value on a recurring basis, as well as assets and liabilities measured at fair value on a non-recurring basis, in periods subsequent to their initial measurement. The hierarchy requires the Company to use observable inputs when available, and to minimize the use of unobservable inputs, when determining fair value. The three tiers are defined as follows: ● Level 1—Observable inputs that reflect quoted market prices (unadjusted) for identical assets or liabilities in active markets; ● Level 2—Observable inputs other than quoted prices in active markets that are observable either directly or indirectly in the marketplace for identical or similar assets and liabilities; and ● Level 3—Unobservable inputs that are supported by little or no market data, which require the Company to develop its own assumptions. The Company’s financial instruments, including cash, accounts receivable, prepaid expense, deferred offering costs and contract liabilities, other current liabilities are carried at historical cost. At December 31, 2023 and 2022, the carrying amounts of these instruments approximated their fair values because of the short-term nature of these instruments. Stock based compensation Service-Based Awards The Company records stock-based compensation for awards granted to employees, non-employees, and to members of the Board for their services on the Board based on the grant date fair value of awards issued, and the expense is recorded on a straight-line basis over the requisite service period, which is generally one to three years. For restricted stock awards (“RSAs”) issued under the Company’s stock-based compensation plans, the fair value of each grant is calculated based on the Company’s stock price on the date of grant. Share Repurchase Share repurchases are open market purchases. Share repurchases are generally recorded on the settlement date, as treasury stock. When shares are cancelled, the value of repurchased shares is deducted from stockholders’ equity through common stock with the excess over par value recorded to accumulated deficit. Revenue Recognition The Company recognizes revenue utilizing the following steps: (i) Identify the contract, or contracts, with a customer; (ii) Identify the performance obligations in the contract; (iii) Determine the transaction price; (iv) Allocate the transaction price to the performance obligations in the contract; (v) Recognize revenue when the Company satisfies a performance obligation. Subscriptions Subscription revenue is related to a single performance obligation that is recognized over time when earned. Subscriptions are paid in advance and can be purchased on a monthly, quarterly, or annual basis. Any quarterly or annual subscription revenue is recognized as a contract liability recorded over the contracted service period. Marketing Revenue related to marketing campaign contracts with customers are normally of a short duration, typically less than two (2) weeks. AE.360.DDM Contracts Revenue related to AE.360.DDM contracts with customers are normally of a short duration, typically less than one (1) week. Contract Liabilities Contract liabilities consist of quarterly and annual subscription revenue that have not been recognized. As of December 31, 2023 and 2022, total contract liabilities were $3,445 and $4,648, respectively. Contract liabilities are expected to be recognized as revenue over a period not to exceed twelve (12) months. Earnings Per Share of Common Stock The Company has adopted ASC Topic 260, “Earnings per Share” The Company would account for the potential dilution from convertible securities using the as-if converted method. The Company accounts for warrants and options using the treasury stock method. As of December 31, 2023, dilutive potential common shares include outstanding warrants. Income Taxes As described in more detail in note 1, the business now conducted by the Company was operated as a partnership from August 1, 2020 until October 19, 2020, when it was reorganized as a limited liability company, or LLC, and that LLC was merged into the Company on March 28, 2022. Prior to that date, the partnership and the subsequent LLC were not subject to federal income tax and all income, deductions, gains and losses were attributed to the partners or members. The Company adopted FASB ASC 740, Income Taxes, at its inception. Under FASB ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carryforwards, 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 income in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their characteristics. 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. No deferred tax assets or liabilities were recognized as of December 31, 2023 or December 31, 2022. Related Parties The Company follows ASC 850, “Related Party Disclosures” Commitments and Contingencies The Company follows ASC 450-20, “Loss Contingencies” Recent Accounting Pronouncements In June 2022, the FASB issued ASU 2022-03, ASC Subtopic “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”. These amendments clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments in this update are effective for public business entities for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2023. Early adoption is permitted. The Company is currently assessing the impact of the adoption of this standard on its consolidated financial statements. The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its financial statements. Recently adopted accounting standards In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments — Credit Losses (Topic 326) — Measurement of Credit Losses on Financial Instruments In January 2017, the FASB issued ASU No. 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, which simplifies the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Instead of determining a hypothetical purchase price allocation to measure goodwill impairment, the Company will compare the fair value of a reporting unit with its carrying amount. The update also includes a new requirement to disclose the amount of goodwill allocated to reporting units with zero or negative carrying amounts. The Company adopted ASU 2017-04 on January 1, 2023. The adoption of ASU 2017-04 did not have a material impact on the Company’s consolidated financial statements and related disclosures.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2023
Property and Equipment [Abstract]
Property and Equipment	Note 3. Property and Equipment Property and equipment consisted of the following: December 31, December 31, 2023 2022 Office equipment $ 13,559 $ - Accumulated depreciation (734 ) - $ 12,825 $ -

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2023
Intangible Assets [Abstract]
Intangible Assets	Note 4. Intangible Assets Intangible assets consist of the following: December 31, December 31, 2023 2022 Intangible asset $ 100,000 $ - Less: Impairment - - $ 100,000 $ -

Stockholders_ Equity

Stockholders’ Equity	12 Months Ended
	Dec. 31, 2023
Stockholders’ Equity [Abstract]
Stockholders’ Equity	Note 5. Stockholders’ Equity Authorized Capital Stock On March 9, 2022, the Company filed Articles of Incorporation with the state of Nevada to authorize the Company to issue 250,000,000 shares, consisting of 10,000,000 shares of Class A Common Stock, $0.0001 par value per share (“Class A Common”), 190,000,000 shares of Class B Common stock, $0.0001 par value per share (“Class B Common”), and 50,000,000 shares of Preferred Stock, $0.0001 par value (the “Preferred Stock”). On March 28, 2022, all 51,250,000 units of the previously outstanding membership interests were exchanged for 9,756,000 shares of Class A Common Stock and 244,000 shares of Class B Common Stock. Preferred Stock The Company shall have the authority to issue the shares of Preferred Stock in one or more series with such rights, preferences and designations as determined by the Board of Directors of the Company. Class A Common Stock Each share of Class A Common Stock entitles the holder to ten (10) votes, in person or proxy, on any matter on which an action of the stockholders of the Company is sought and is convertible by the holder into one (1) share of Class B Common Stock. As part of a share conversion in March 2022, the Company converted the 97.56% membership interest to 9,756,000 shares of Class A Common Stock of the Company. The Company has reflected this conversion for all periods presented. The Company had 8,385,276 shares of Class A Common Stock issued and outstanding as of December 31, 2023 and 2022. Class B Common Stock Each share of Class B Common Stock entitles the holder to one (1) vote, in person or proxy, on any matter on which an action of the stockholders of the Company is sought. Fiscal year 2023 On February 3, 2023, the Company closed an initial public offering of 1,500,000 shares of its class B common stock. The Company raised total gross proceeds of $7,500,000 in the offering, and after deducting $884,880 of underwriting discounts and commissions, the non-accountable expense allowance, and other expenses from the offering, the Company received net proceeds of $6,615,120. In October 2023, 263,410 shares of Class B Common Stock were sold to Triton Funds LP (“Triton”) for cash proceeds of $40,154, net of $30,687 in offering costs (see below for discussion of the purchase agreement). During the year ended December 31, 2023, the Company granted 1,911,000 shares of class B restricted stock awards under the 2022 Equity Incentive Plan (“2022 Plan”) to directors and executive officers, valued at $3,779,230. Fiscal year 2022 As part of the share conversion in March 2022, the Company converted the 2.44% membership interest to 244,000 shares of Class B Common Stock of the Company. The Company has reflected this conversion for all periods presented. On December 15, 2021, the Company issued 244,000 shares of Class B Common stock for $250,000. During the year ended December 31, 2022, the Company received $225,000. As of December 31, 2022, the Company recorded a subscription receivable of $0. On June 9, 2022, the Company issued 250,000 shares of Class B Common stock for $250,000 less issuance cost of $75,075. During October 2022, the Company issued 500,000 shares of Class B Common Stock to unaffiliated investors for $500,000, less issuance cost of $145,000. The Company had 5,939,134 and 2,364,724 shares of Class B Common Stock issued as of December 31, 2023 and 2022, respectively. The Company had 6,039,134 and 2,364,724 shares of Class B Common Stock issued as of December 31, 2023 and 2022, respectively. Treasury stock During the year ended December 31, 2023, the Company repurchase 250,000 shares of Class B Common stock at $176,876 and recorded as treasury stock as of December 31, 2023. Triton Purchase Agreement On June 30, 2023, the Company, entered into a Closing Agreement (the “Closing Agreement”) with Triton. Under the Closing Agreement, the Company agreed to sell to Triton shares of class B common stock, $0.0001 par value per share, of the Company (the “Class B Common Stock”), having a total value, as determined under the Amended and Restated Closing Agreement, of $1,000,000. On August 1, 2023, the Company and Triton entered into an Amended and Restated Closing Agreement (the “Amended and Restated Closing Agreement”). Subject to the terms of the Amended and Restated Closing Agreement, the Company may deliver a closing notice (the “Closing Notice”) and issue certain securities to Triton at any time on or before March 31, 2024, pursuant to which Triton will be obligated to purchase such securities of the Company with an aggregate value of $1,000,000 in the following manner. Upon delivery of the Closing Notice, Triton must purchase newly-issued shares of Class B Common Stock of the Company (the “Triton Shares”) in an amount equal to up to 9.99% of the outstanding shares of Class B Common Stock following such purchase, plus pre-funded warrants (the “Triton Pre-Funded Warrants” and together with the Triton Shares, the “Triton Securities”) that may be exercised to purchase an amount of newly-issued shares of Class B Common Stock (the “Triton Warrant Shares”), such that the aggregate price of the Triton Shares and the Triton Pre-Funded Warrants together with the exercise price to be paid upon full exercise of the Triton Pre-Funded Warrants will equal a total gross purchase price of $1,000,000. Upon the Company’s election to deliver the Closing Notice, the price of each of the Triton Shares will be set at 85% of the lowest daily volume-weighted average price of the Class B Common Stock during the five (5) business days before and five business days after the date of the Closing Notice. 2022 Equity Incentive Plan The maximum number of shares of Class B Common Stock that may be issued pursuant to awards granted under the 2022 Plan is 2,750,000 shares. Awards that may be granted include: (a) Incentive Stock Options, or ISO (b) Non-statutory Stock Options, (c) Stock Appreciation Rights, (d) Restricted Stock, the Restricted Stock Units, or RSUs, (f) Stock granted as a bonus or in lieu of another award, and (g) Performance Awards. These awards offer us and our shareholders the possibility of future value, depending on the long-term price appreciation of our Class B Common Stock and the award holder’s continuing service with us. The RSA shares to directors vest quarterly for one year from the date of grantee’s appointment as a director. The RSA shares to officers vest annually over three years from the grant date. RSA shares are measured at fair market value on the date of grant and stock-based compensation expense is recognized as the shares vest with a corresponding offset credited to additional paid-in-capital. For the year December 31, 2023, the Company recorded stock-based compensation expense As of December 31, 2023, there was $2,483,299 of unrecognized stock-based compensation expense related to unvested RSUs, which is expected to be recognized over a weighted-average period of 2.09 years. Warrant In June and October 2022, the Company issued a total of 52,500 warrants to purchase Class B Common stock for a success fee of private placements of shares of Class B common stock. The exercise price of warrants is $6.25 and expiration date is the date that is five years from the issuance date of each warrant. The Company accounted for these warrants as equity-classified instruments. On February 7, 2023, the Company issued 105,000 warrants exercisable into 105,000 shares of the Company’s Class B Common Stock which is equal to 7% of the aggregate number of shares of Class B Common Stock sold in the above mentioned initial public offering. These warrants carry an exercise price of $6.25 per share, which is equal to 125% of the public offering price, subject to adjustment, the warrants also include a cashless exercise provision; these warrants may be exercised at any time for five years following the date of issuance. A summary of activity during the years ended December 31, 2023 and 2022, follows: Number of Weighted Average Weighted Outstanding, December 31, 2021 - $ - - Granted 52,500 6.25 5.00 Expired - - - Exercised - - - Outstanding, December 31, 2022 52,500 $ 6.25 4.68 Granted 105,000 6.25 5.00 Expired - - - Exercised - - - Outstanding, December 31, 2023 157,500 $ 6.25 3.97 All of the outstanding warrants are exercisable as of December 31, 2023. The intrinsic value of the warrants as of December 31, 2023, is $0.

Income Tax

Income Tax	12 Months Ended
	Dec. 31, 2023
Income Tax [Abstract]
Income tax	Note 6. Income tax The Company has not made a provision for income taxes for the year ended December 31, 2023 and 2022, since the Company has the benefit of net operating losses in these periods and the Company changed from a limited liability partnership to a C corporation during 2022. Due to uncertainties surrounding the Company’s ability to generate future taxable income to realize deferred income tax assets arising as a result of net operating losses carried forward, the Company has not recorded any deferred income tax assets as of December 31, 2023. During the year ended December 31, 2023, the Company has incurred a net operating loss (“NOL”) of $4,931,197. NOLs generated after December 31, 2017 can be carryforward indefinitely. A reconciliation between expected income taxes, computed at the federal income tax rate of 21% applied to the pretax accounting loss, and the income tax net expense included in the consolidated statements of operations for the year ended December 31, 2023 and 2022 is as follows: For the Years ended December 31, 2023 2022 Income tax expense (credit) at statutory rate $ (1,035,551 ) $ (135,504 ) Income tax adjustment Stock based compensation 272,146 - Change of valuation allowance 763,405 135,504 Income tax expense (credit) $ - $ - Net deferred tax assets consist of the following components as of: December 31, December 31, 2023 2022 Operating loss carry forward $ 898,909 $ 135,504 Valuation allowance (898,909 ) (135,504 ) Deferred tax asset $ - $ -

Asset Acquisition

Asset Acquisition	12 Months Ended
	Dec. 31, 2023
Asset Acquisition [Abstract]
Asset acquisition	Note 7. Asset acquisition On November 10, 2023, Asset Entities Inc., a Nevada corporation (the “Company”), entered into an asset purchase agreement (the “Asset Purchase Agreement”) with Ternary Inc., a Florida corporation (“Ternary FL”), Ternary Developments Inc., a Delaware corporation (“Ternary DE”), OptionsSwing Inc., a Florida corporation (“OSI,” and together with Ternary FL and Ternary DE, individually, a “Seller,” and collectively, the “Sellers”), and Jason Lee, the principal shareholder of each Seller (the “Shareholder”). Under the Asset Purchase Agreement, the Company agreed to purchase all of the Sellers’ right, title, and interest in and to substantially all of the assets and properties owned by the Sellers and used in connection with their business of Discord development, social media, online community management, marketing, and business-to-business software-as-a-service that offers sales, service, marketing, and analytics for the payment of $100,000 in cash (the “Cash Consideration”), the issuance of 300,000 shares of Class B Common Stock, $0.0001 par value per share, of the Company (the “Stock Consideration”), and other good and valuable consideration as described herein. Pursuant to the Asset Purchase Agreement, on November 10, 2023, the Company paid the Sellers $100,000, issued 177,000 shares of the Stock Consideration to the Shareholder, and 123,000 shares of the Stock Consideration in the aggregate to three other designated individuals, and the Sellers and the Shareholder delivered title to all of the assets of the Sellers. The Stock Consideration is subject to vesting conditions for the two-year period following the grant date, subject to immediate vesting upon a change of control of the Company or certain other events.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 8. Subsequent Events Management evaluated all events from the date of the balance sheet, which was December 31, 2023 through April 2, 2024 which was the date these consolidated financial statements were available to be issue. On March 27, 2024, the Company delivered a Closing Notice to Triton (the “Second Closing Notice”) for the purchase of 621,590 shares of Class B Common Stock (the “Second Triton Shares”), which was the amount of shares of Class B Common Stock remaining under the registration statement. The price of each of the Second Triton Shares is required to be set at 85% of the lowest daily volume-weighted average price of the Class B Common Stock during the five business days prior to the closing of the purchase of the Second Triton Shares (the “Second Triton Closing”). The Second Triton Closing is required to occur within five business days after the delivery of the Second Triton Shares to Triton. In connection with the Second Triton Closing, pursuant to its engagement letter with Boustead Securities, LLC (“Boustead”), dated November 29, 2021, and the underwriting agreement, dated February 2, 2023, with Boustead, the Company will pay Boustead a fee equal to 7% of the aggregate purchase price and a non-accountable expense allowance equal to 1% of the aggregate purchase price for the Second Triton Shares. In addition, the Company will issue a warrant to Boustead for the purchase of 43,511 shares of Class B Common Stock, equal to 7% of the number of the Second Triton Shares, with an exercise price equal to the purchase price per share of the Second Triton Shares. Under a Third Amendment to Amended and Restated Closing Agreement (the “Third Triton Amendment”), dated as of March 29, 2024, the Company and Triton agreed to amend the Amended A&R Closing Agreement to provide that the Amended A&R Closing Agreement will expire on April 30, 2024, instead of March 31, 2024. The Third Triton Amendment did not amend any of the other provisions of the Amended A&R Closing Agreement.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (4,931,197)	$ (645,255)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (” GAAP”) and are presented in US dollars. The Company uses the accrual basis of accounting and has adopted a December 31 fiscal year end.
Consolidation	Consolidation The consolidated financial statements included Asset Equity LLC (“Asset Equity”) which is accounted for as a variable interest entity (“VIE”), because the Company is the primary beneficiary, as a result of the Company’s officers being responsible for 100% of the operations of Asset Equity, and the Company derived 100% of the net profits or losses from Asset Equity’s business operations. Through common control, the management of the Company had effective control over Asset Equity and had the power to direct the activities of Asset Equity that most significantly impact its economic performance. There were no restrictions on the consolidated VIE’s assets and on the settlement of its liabilities. Asset Equity LLC (“Asset Equity”) was a limited liability company organized in the state of Delaware on February 26, 2021 and dissolved on April 21, 2022. The co-founders of the Company, who were the managers of Asset Equity, formed Asset Equity for the purposes of setting up a separate bank account for revenues derived from the Discord server designated for cryptocurrency education. All intercompany transactions and balances have been eliminated on consolidation. If facts and circumstances change such that the conclusion to consolidate the VIE has changed, the Company shall disclose the primary factors that caused the change and the effect on the Company’s financial statements in the periods when the change occurs. On April 21, 2022, the Company dissolved our VIE, Asset Equity LLC, and moved all operations to the Company.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting period. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of balance sheet presentation and reporting of cash flows, the Company considers all unrestricted demand deposits, money market funds and highly liquid debt instruments with an original maturity of less than 90 days to be cash and cash equivalents. The Company had no cash equivalents at December 31, 2023 and 2022. Periodically, the Company may carry cash balances at financial institutions more than the federally insured limit of $250,000 per institution. The amount in excess of the FDIC insurance as of December 31, 2023, was approximately $2.4 million. The Company has not experienced losses on account balances and management believes, based upon the quality of the financial institutions, that the credit risk with regard to these deposits is not significant.
Accounts Receivable	Accounts Receivable Accounts receivable are recorded in accordance with ASC 310, “Receivables.” Accounts receivable are recorded at the invoiced amount and do not bear interest. The Company’s expected loss allowance methodology for accounts receivable is developed using historical collection experience, current and future economic and market conditions, and a review of the current status of customers’ trade accounts receivable. Due to the short-term nature of such receivables, the estimated accounts receivable that may not be collected is based on aging of the accounts receivable balances. To measure expected credit losses, accounts receivable are grouped based on shared risk characteristics and days past due.
Deferred Offering Costs	Deferred Offering Costs As of December 31, 2022, deferred offering costs represent legal fees for preparation of any securities purchase agreements or current registration statement. The Company recorded these fees as a current asset that netted against gross proceeds received from any offering or placements. In February 2023, the Company issued common stock as initial public offering and netted offering cost as additional paid in capital.
Property and equipment	Property and equipment Property and equipment are stated at cost less accumulated depreciation and impairment loss, if any. Property and equipment are depreciated at rates sufficient to write off their costs less impairment and residual value, if any, over their estimated useful lives on a straight-line basis. Category Useful life Building 39 Machinery and Equipment 5-10 Office Equipment and Fixtures 5 Vehicle 8 The Company did not have any Building, Machinery and Equipment, and Vehicle as of December 31, 2023. Maintenance and repairs are charged to expense as incurred. Improvements of a major nature are capitalized. At the time of retirement or other disposition of property and equipment, the cost and accumulated depreciation are removed from the accounts and any gains or losses are reflected in income. The long-lived assets of the Company are reviewed for impairment in accordance with ASC No. 360, “Property, Plant and Equipment” (“ASC No. 360”), whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted cash flows expected to be generated by the assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets.
Intangible Assets	Intangible Assets Intangible assets acquired are recorded at fair value. We test our finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. We test our indefinite-lived intangible assets for impairment annually or whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. If the carrying value exceeds the fair value, we recognize an impairment in an amount equal to the excess, not to exceed the carrying value. Management uses considerable judgment to determine key assumptions, including projected revenue, royalty rates and appropriate discount rates. There were no intangible asset impairment charges in 2023 or 2022. Finite-lived intangible assets are amortized using the straight-line method over their estimated useful lives, which ranges from 5 to 15 years. Our finite-lived intangible assets include acquired franchise agreements, acquired customer relationships, acquired customer lists, and internally developed software. Our indefinite-lived intangible assets include acquired domain names, trade names, and purchased software. Intangible assets internally developed are measured at cost. We capitalize costs to develop or purchase computer software for internal use which are incurred during the application development stage. These costs include fees paid to third parties for development services and payroll costs for employees’ time spent developing the software. We expense costs incurred during the preliminary project stage and the post-implementation stage. Capitalized development costs are amortized on a straight-line basis over the estimated useful life of the software. The capitalization and ongoing assessment of recoverability of development costs requires considerable judgment by management with respect to certain external factors, including, but not limited to, technological and economic feasibility, and estimated economic life.
Impairment of Long-lived Assets Other Than Goodwill	Impairment of Long-lived Assets Other Than Goodwill Long-lived assets with finite lives, primarily property and equipment, intangible assets, and operating lease right-of-use assets 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.
Fair Value Measurements	Fair Value Measurements The Company uses a three-tier fair value hierarchy to classify and disclose all assets and liabilities measured at fair value on a recurring basis, as well as assets and liabilities measured at fair value on a non-recurring basis, in periods subsequent to their initial measurement. The hierarchy requires the Company to use observable inputs when available, and to minimize the use of unobservable inputs, when determining fair value. The three tiers are defined as follows: ● Level 1—Observable inputs that reflect quoted market prices (unadjusted) for identical assets or liabilities in active markets; ● Level 2—Observable inputs other than quoted prices in active markets that are observable either directly or indirectly in the marketplace for identical or similar assets and liabilities; and ● Level 3—Unobservable inputs that are supported by little or no market data, which require the Company to develop its own assumptions. The Company’s financial instruments, including cash, accounts receivable, prepaid expense, deferred offering costs and contract liabilities, other current liabilities are carried at historical cost. At December 31, 2023 and 2022, the carrying amounts of these instruments approximated their fair values because of the short-term nature of these instruments.
Stock based compensation	Stock based compensation Service-Based Awards The Company records stock-based compensation for awards granted to employees, non-employees, and to members of the Board for their services on the Board based on the grant date fair value of awards issued, and the expense is recorded on a straight-line basis over the requisite service period, which is generally one to three years. For restricted stock awards (“RSAs”) issued under the Company’s stock-based compensation plans, the fair value of each grant is calculated based on the Company’s stock price on the date of grant. Share Repurchase Share repurchases are open market purchases. Share repurchases are generally recorded on the settlement date, as treasury stock. When shares are cancelled, the value of repurchased shares is deducted from stockholders’ equity through common stock with the excess over par value recorded to accumulated deficit.
Revenue Recognition	Revenue Recognition The Company recognizes revenue utilizing the following steps: (i) Identify the contract, or contracts, with a customer; (ii) Identify the performance obligations in the contract; (iii) Determine the transaction price; (iv) Allocate the transaction price to the performance obligations in the contract; (v) Recognize revenue when the Company satisfies a performance obligation. Subscriptions Subscription revenue is related to a single performance obligation that is recognized over time when earned. Subscriptions are paid in advance and can be purchased on a monthly, quarterly, or annual basis. Any quarterly or annual subscription revenue is recognized as a contract liability recorded over the contracted service period. Marketing Revenue related to marketing campaign contracts with customers are normally of a short duration, typically less than two (2) weeks. AE.360.DDM Contracts Revenue related to AE.360.DDM contracts with customers are normally of a short duration, typically less than one (1) week.
Contract Liabilities	Contract Liabilities Contract liabilities consist of quarterly and annual subscription revenue that have not been recognized. As of December 31, 2023 and 2022, total contract liabilities were $3,445 and $4,648, respectively. Contract liabilities are expected to be recognized as revenue over a period not to exceed twelve (12) months.
Earnings Per Share of Common Stock	Earnings Per Share of Common Stock The Company has adopted ASC Topic 260, “Earnings per Share” The Company would account for the potential dilution from convertible securities using the as-if converted method. The Company accounts for warrants and options using the treasury stock method. As of December 31, 2023, dilutive potential common shares include outstanding warrants.
Income Taxes	Income Taxes As described in more detail in note 1, the business now conducted by the Company was operated as a partnership from August 1, 2020 until October 19, 2020, when it was reorganized as a limited liability company, or LLC, and that LLC was merged into the Company on March 28, 2022. Prior to that date, the partnership and the subsequent LLC were not subject to federal income tax and all income, deductions, gains and losses were attributed to the partners or members. The Company adopted FASB ASC 740, Income Taxes, at its inception. Under FASB ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carryforwards, 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 income in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their characteristics. 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. No deferred tax assets or liabilities were recognized as of December 31, 2023 or December 31, 2022.
Related Parties	Related Parties “Related Party Disclosures”
Commitments and Contingencies	Commitments and Contingencies “Loss Contingencies”
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2022, the FASB issued ASU 2022-03, ASC Subtopic “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”. These amendments clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments in this update are effective for public business entities for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2023. Early adoption is permitted. The Company is currently assessing the impact of the adoption of this standard on its consolidated financial statements.
Recently adopted accounting standards	Recently adopted accounting standards In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments — Credit Losses (Topic 326) — Measurement of Credit Losses on Financial Instruments In January 2017, the FASB issued ASU No. 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, which simplifies the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Instead of determining a hypothetical purchase price allocation to measure goodwill impairment, the Company will compare the fair value of a reporting unit with its carrying amount. The update also includes a new requirement to disclose the amount of goodwill allocated to reporting units with zero or negative carrying amounts. The Company adopted ASU 2017-04 on January 1, 2023. The adoption of ASU 2017-04 did not have a material impact on the Company’s consolidated financial statements and related disclosures.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Summary of Significant Accounting Policies [Abstract]
Schedule of Property and Equipment are Stated at Cost Less Accumulated Depreciation and Impairment Loss	Property and equipment are depreciated at rates sufficient to write off their costs less impairment and residual value, if any, over their estimated useful lives on a straight-line basis. Category Useful life Building 39 Machinery and Equipment 5-10 Office Equipment and Fixtures 5 Vehicle 8

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Property and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consisted of the following: December 31, December 31, 2023 2022 Office equipment $ 13,559 $ - Accumulated depreciation (734 ) - $ 12,825 $ -

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Intangible Assets [Abstract]
Schedule of Intangible Assets	Intangible assets consist of the following: December 31, December 31, 2023 2022 Intangible asset $ 100,000 $ - Less: Impairment - - $ 100,000 $ -

Stockholders_ Equity (Tables)

Stockholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Stockholders’ Equity [Abstract]
Schedule of Warrants Activities	A summary of activity during the years ended December 31, 2023 and 2022, follows: Number of Weighted Average Weighted Outstanding, December 31, 2021 - $ - - Granted 52,500 6.25 5.00 Expired - - - Exercised - - - Outstanding, December 31, 2022 52,500 $ 6.25 4.68 Granted 105,000 6.25 5.00 Expired - - - Exercised - - - Outstanding, December 31, 2023 157,500 $ 6.25 3.97

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax [Abstract]
Schedule of Consolidated Statements of Operations	A reconciliation between expected income taxes, computed at the federal income tax rate of 21% applied to the pretax accounting loss, and the income tax net expense included in the consolidated statements of operations for the year ended December 31, 2023 and 2022 is as follows: For the Years ended December 31, 2023 2022 Income tax expense (credit) at statutory rate $ (1,035,551 ) $ (135,504 ) Income tax adjustment Stock based compensation 272,146 - Change of valuation allowance 763,405 135,504 Income tax expense (credit) $ - $ -
Schedule of Net Deferred Tax Assets	Net deferred tax assets consist of the following components as of: December 31, December 31, 2023 2022 Operating loss carry forward $ 898,909 $ 135,504 Valuation allowance (898,909 ) (135,504 ) Deferred tax asset $ - $ -

Organization, Description of _2

Organization, Description of Business and Liquidity (Details) - USD ($)		12 Months Ended
	Mar. 28, 2022	Dec. 31, 2023	Dec. 31, 2022	Nov. 10, 2023	Jun. 30, 2023	Mar. 09, 2022
Organization, Description of Business and Liquidity [Line Items]
Shares authorized		200,000,000	200,000,000
Common stock par value (in Dollars per share)		$ 0.0001	$ 0.0001		$ 0.0001
Shares authorized		50,000,000	50,000,000
Preferred stock par value (in Dollars per share)		$ 0.0001	$ 0.0001
Accumulated deficit (in Dollars)		$ (5,558,315)	$ (627,118)
Cash (in Dollars)		2,924,323	137,177	$ 100,000
Net loss (in Dollars)		$ (4,931,197)	(645,255)
Purchase of second triton shares		621,590
Preferred Stock [Member]
Organization, Description of Business and Liquidity [Line Items]
Net loss (in Dollars)
Class A Common Stock [Member]
Organization, Description of Business and Liquidity [Line Items]
Shares authorized		10,000,000	10,000,000
Common stock par value (in Dollars per share)		$ 0.0001	$ 0.0001
Outstanding membership interests	51,250,000
Conversion of units	9,756,000
Class B Common Stock [Member]
Organization, Description of Business and Liquidity [Line Items]
Shares authorized		190,000,000	190,000,000
Common stock par value (in Dollars per share)		$ 0.0001	$ 0.0001	$ 0.0001
Conversion of units	244,000
Asset Entities Inc. [Member]
Organization, Description of Business and Liquidity [Line Items]
Aggregate number of shares authorized						250,000,000
Outstanding membership interests	51,250,000
Asset Entities Inc. [Member] | Preferred Stock [Member]
Organization, Description of Business and Liquidity [Line Items]
Shares authorized						50,000,000
Preferred stock par value (in Dollars per share)						$ 0.0001
Asset Entities Inc. [Member] | Class A Common Stock [Member]
Organization, Description of Business and Liquidity [Line Items]
Shares authorized						10,000,000
Common stock par value (in Dollars per share)						$ 0.0001
Conversion of units	9,756,000
Asset Entities Inc. [Member] | Class B Common Stock [Member]
Organization, Description of Business and Liquidity [Line Items]
Shares authorized						190,000,000
Common stock par value (in Dollars per share)						$ 0.0001
Conversion of units	244,000

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Summary of Significant Accounting Policies [Abstract]
Asset equity percentage	100%
Net profits or losses percentage	100%
Insured limit per institution	$ 250,000
Excess of FDIC amount	2,400,000
Accounts receivable	0	$ 5,000
Allowance for doubtful accounts	0	5,000
Total contract liabilities	3,445	4,648
Management fees paid	$ 2,848,307	$ 370,158

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of Property and Equipment are Stated at Cost Less Accumulated Depreciation and Impairment Loss	Dec. 31, 2023
Building [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Proprety and Equipment Useful Life	39 years
Machinery and Equipment [Member] | Minimum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Proprety and Equipment Useful Life	5 years
Machinery and Equipment [Member] | Maximum [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Proprety and Equipment Useful Life	10 years
Equipment [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Proprety and Equipment Useful Life	5 years
Vehicles [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Proprety and Equipment Useful Life	8 years

Property and Equipment (Details

Property and Equipment (Details) - Schedule of Property and Equipment - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Property and Equipment [Abstract]
Office equipment	$ 13,559
Accumulated depreciation	(734)
Property and equipment, net	$ 12,825

Intangible Assets (Details) - S

Intangible Assets (Details) - Schedule of Intangible Assets - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Intangible Assets [Abstract]
Intangible asset	$ 100,000
Less: Impairment
Total	$ 100,000

Stockholders_ Equity (Details)

Stockholders’ Equity (Details) - USD ($)							1 Months Ended			12 Months Ended
	Mar. 31, 2024	Oct. 31, 2023	Aug. 01, 2023	Feb. 07, 2023	Feb. 03, 2023	Mar. 28, 2022	Oct. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Nov. 10, 2023	Jun. 30, 2023	Jun. 09, 2022	Mar. 09, 2022	Dec. 15, 2021
Stockholders’ Equity [Line Items]
Common stock, shares authorized										200,000,000	200,000,000
Common stock par value (in Dollars per share)										$ 0.0001	$ 0.0001		$ 0.0001
Preferred stock, shares authorized										50,000,000	50,000,000
Preferred stock, par value (in Dollars per share)										$ 0.0001	$ 0.0001
Shares issued		263,410
Initial public offering					1,500,000
Underwriting discounts and commissions (in Dollars)					$ 884,880
Net proceeds (in Dollars)					6,615,120
Cash proceeds (in Dollars)		$ 40,154
Offering costs (in Dollars)		$ 30,687
Shares of class B restricted stock awards										1,911,000
Granted value (in Dollars)										$ 1,295,931
Common stock shares issued											2,364,724
Shares received (in Dollars)											$ 225,000
Subscription receivable (in Dollars)											0
Common stock value issued (in Dollars)													$ 1,000,000
Common stock shares outstanding										6,039,134
Outstanding shares percentage			9.99%
Gross purchase price (in Dollars)			$ 1,000,000
Weighted average price percentage			85%
Stock-based compensation expense (in Dollars)										$ 1,295,931
Recognized over weighted-average period										2 years 1 month 2 days
Warrants issued				105,000
2022 Equity Incentive Plan [Member]
Stockholders’ Equity [Line Items]
Granted shares											2,750,000
Preferred Stock [Member]
Stockholders’ Equity [Line Items]
Shares of class B restricted stock awards
Granted value (in Dollars)
NEVADA
Stockholders’ Equity [Line Items]
Aggregate number of shares authorized															250,000,000
NEVADA | Preferred Stock [Member]
Stockholders’ Equity [Line Items]
Preferred stock, shares authorized															50,000,000
Preferred stock, par value (in Dollars per share)															$ 0.0001
Warrant [Member]
Stockholders’ Equity [Line Items]
Exercise price (in Dollars per share)				$ 6.25			$ 6.25	$ 6.25
Expiration date							5 years	5 years
Public offering price percentage				125%
Intrinsic value (in Dollars)										$ 0
Class A Common Stock [Member]
Stockholders’ Equity [Line Items]
Common stock, shares authorized										10,000,000	10,000,000
Common stock par value (in Dollars per share)										$ 0.0001	$ 0.0001
Previously outstanding membership interests						51,250,000
Shares exchanged						9,756,000
Percentage of membership interest									97.56%
Shares issued									9,756,000
Common stock shares issued										8,385,276	8,385,276
Common stock shares outstanding										8,385,276	8,385,276
Common stock value issued (in Dollars)										$ 839	$ 839
Class A Common Stock [Member] | NEVADA
Stockholders’ Equity [Line Items]
Common stock, shares authorized															10,000,000
Common stock par value (in Dollars per share)															$ 0.0001
Class B Common Stock [Member]
Stockholders’ Equity [Line Items]
Common stock, shares authorized										190,000,000	190,000,000
Common stock par value (in Dollars per share)										$ 0.0001	$ 0.0001	$ 0.0001
Shares exchanged						244,000
Percentage of membership interest									2.44%
Shares issued									244,000					250,000
Common stock shares issued										6,039,134	2,364,724
Common stock shares outstanding										6,039,134	2,364,724
Gross proceeds (in Dollars)					$ 7,500,000
Common stock shares issued							500,000			5,939,134	2,364,724					244,000
Common stock issuance cost (in Dollars)							$ 145,000							$ 75,075		$ 250,000
Common stock value issued (in Dollars)										$ 604	$ 236			$ 250,000
Unaffiliated investors (in Dollars)							$ 500,000
Common stock shares outstanding										5,939,134	2,364,724
Repurchase shares										250,000
Treasury stock (in Dollars)										$ 176,876
Warrants issued				105,000
Aggregate shares percentage				7%
Class B Common Stock [Member] | NEVADA
Stockholders’ Equity [Line Items]
Common stock, shares authorized															190,000,000
Common stock par value (in Dollars per share)															$ 0.0001
Class B Common Stock [Member] | Warrant [Member]
Stockholders’ Equity [Line Items]
Warrants issued							52,500	52,500
Forecast [Member]
Stockholders’ Equity [Line Items]
Purchase securities (in Dollars)	$ 1,000,000
RSA [Member]
Stockholders’ Equity [Line Items]
Shares vested										196,000
Stock-based compensation expense (in Dollars)										$ 2,483,299
Directors and Officers [Member] | Class B Common Stock [Member]
Stockholders’ Equity [Line Items]
Granted value (in Dollars)										$ 3,779,230

Stockholders_ Equity (Details)

Stockholders’ Equity (Details) - Schedule of Warrants Activities - Warrants [Member] - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Warrants as Equity Classified Instruments [Line Items]
Number of shares, Outstanding Beginning	52,500
Weighted Average Exercise Price, Outstanding Beginning	$ 6.25
Weighted Average Life (years), Outstanding Beginning
Number of shares, Granted	105,000	52,500
Weighted Average Exercise Price, Granted	$ 6.25	$ 6.25
Weighted Average Life (years), Granted	5 years	5 years
Number of shares, Expired
Weighted Average Exercise Price, Expired
Weighted Average Life (years), Expired
Number of shares, Exercised
Weighted Average Exercise Price, Exercised
Weighted Average Life (years), Exercised
Number of shares, Outstanding Ending	157,500	52,500
Weighted Average Exercise Price, Outstanding Ending	$ 6.25	$ 6.25
Weighted Average Life (years), Outstanding Ending	3 years 11 months 19 days	4 years 8 months 4 days

Income Tax (Details)

Income Tax (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Tax [Abstract]
Net operating loss (in Dollars)	$ 4,931,197
Federal income tax rate, percentage	21%	21%

Income Tax (Details) - Schedule

Income Tax (Details) - Schedule of Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Consolidated Statements of Operations [Abstract]
Income tax expense (credit) at statutory rate	$ (1,035,551)	$ (135,504)
Income tax adjustment
Stock based compensation	272,146
Change of valuation allowance	763,405	135,504
Income tax expense (credit)

Income Tax (Details) - Schedu_2

Income Tax (Details) - Schedule of Net Deferred Tax Assets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Net Deferred Tax Assets [Abstract]
Operating loss carry forward	$ 898,909	$ 135,504
Valuation allowance	(898,909)	(135,504)
Deferred tax asset

Asset Acquisition (Details)

Asset Acquisition (Details) - USD ($)	Nov. 10, 2023	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022	Oct. 31, 2022	Dec. 15, 2021
Asset Acquisition [Line Items]
Payment of cash (in Dollars)	$ 100,000	$ 2,924,323		$ 137,177
Common stock, par value (in Dollars per share)		$ 0.0001	$ 0.0001	$ 0.0001
Stock consideration value (in Dollars)	$ 100,000
Issued shares				2,364,724
Shares of stock consideration	123,000
Asset Entities Inc [Member]
Asset Acquisition [Line Items]
Issued shares	177,000
Class B Common Stock [Member]
Asset Acquisition [Line Items]
Issuance of common stock	300,000
Common stock, par value (in Dollars per share)	$ 0.0001	$ 0.0001		$ 0.0001
Issued shares		5,939,134		2,364,724	500,000	244,000

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member]	Mar. 27, 2024 shares
Subsequent Events [Line Items]
Purchase of second triton shares (in Shares)	621,590
Percentage of triton shares	85%
Percentage of boustead fee	7%
Percentage of non-accountable expense allowance	1%
Boustead purchase shares (in Shares)	43,511
Percentage of number of second triton	7%