As of September 30, 2025 and December 31, 2024, long-term investments, net consist of the following:
|
|
|
|
|
|
|
|
|
|
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September 30,
2025 |
|
|
December 31,
2024 |
|
Investments in private entities or organizations that do not report NAV per share: |
|
|
|
|
|
|
Entities or organizations without observable price changes |
|
$ |
1,820,953 |
|
|
$ |
1,719,770 |
|
Investment in a public entity with readily determinable fair value – related party |
|
|
3,355,065 |
|
|
|
2,478,531 |
|
Investment in a public entity with readily determinable fair value |
|
|
648,311 |
|
|
|
— |
|
Less: accumulated impairment |
|
|
(1,215,890 |
) |
|
|
(1,148,329 |
) |
Long-term investments, net |
|
$ |
4,608,439 |
|
|
$ |
3,049,972 |
|
|