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Prepayments and Other Receivables (Tables)
 6 Months Ended
Jun. 30, 2024
Prepayments and Other Receivable [Abstract]  
Schedule of Prepayments and Other Receivables Prepayments and other receivables as of December 31, 2023 and June 30, 2024 consisted of the following:
   December 31,   June 30, 
   2023   2024 
Value added tax recoverable  $5,248,210   $3,509,712 
Prepayments to suppliers   1,341,596    260,253 
Deposits   108,492    123,118 
Staff advances   113,336    191,302 
Prepaid operating expenses   645,390    599,193 
Interest receivable   
-
    301,217 
Others   292,458    314,026 
    7,749,482    5,298,821 
Less: Allowance for credit losses   (290,228)   (280,839)
   $7,459,254   $5,017,982 

 
Schedule of Allowance for Credit Losses An analysis of the allowance for credit losses are as follows:
Balance as at January 1, 2024  $290,228 
Current period reversal, net   (2,775)
Foreign exchange adjustment   (6,614)
Balance as at June 30, 2024  $280,839