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Inventories

12 Months Ended

Dec. 31, 2024

Inventories [Abstract]

Inventories

6. Inventories

Inventories as of December 31, 2023 and 2024 consisted of the following:

		December 31,				December 31,
		2023				2024
Raw materials		$	3,779,414			$	3,538,167
Work in progress			9,525,568				5,034,330
Finished goods			20,108,440				14,278,530
		$	33,413,422			$	22,851,027

During the years ended December 31, 2023 and 2024 write-downs of obsolete inventories to lower of cost or net realizable value of $3,554,962 and $4,927,140, respectively, were charged to cost of revenues.

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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