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Concentrations and Credit Risk (Tables)
 6 Months Ended
Jun. 30, 2025
Concentrations and Credit Risk [Abstract]  
Schedule of Concentration Risk

The Company had the following customers that individually comprised 10% or more of net revenue for the three months ended June 30, 2024 and 2025 as follows:

 

   Three months ended June 30, 
Sales of finished goods and raw materials  2024   2025 
Customer A  $18,347,160    38.4%  $
*
    
*
 
Customer C   *    *    4,630,949    11.4%

The Company had the following customers that individually comprised 10% or more of net revenue for the six months ended June 30, 2024 and 2025 as follows:

 

   Six months ended June 30, 
Sales of finished goods and raw materials  2024   2025 
Customer A  $48,488,869    45.5%  $
*
   
*
Customer B   *    *    14,012,277    18.6%

 

* Comprised less than 10% of net revenue for the respective period.

 

The Company had the following customers that individually comprised 10% or more of net trade receivable (included VAT) as of December 31, 2024 and June 30, 2025 as follows:

 

   December 31, 2024   June 30, 2025 
Customer B  $10,676,044    41.5%  $3,070,490    11.2%
Customer C   *    *    6,346,979    23.1%
Zhengzhou BAK (note 17)   5,970,184    23.2%   5,569,333    20.3%

 

* Comprised less than 10% of net accounts receivable for the respective period.

 

The Company had the following suppliers that individually comprised 10% or more of net purchase for the three months ended June 30, 2024 and 2025 as follows:

 

   Three months ended June 30, 
   2024   2025 
Zhengzhou BAK (note 17)  $4,439,620    12.45%  $
*
   
*
Supplier A   *    *    3,698,855    10.1%

 

The Company had the following suppliers that individually comprised 10% or more of net purchase for the six months ended June 30, 2024 and 2025 as follows:

 

   Six months ended June 30, 
   2024   2025 
Zhengzhou BAK (note 17)  $7,012,173    10.35%  $
*
   
*
Supplier B   *    *    7,004,753    10.1%

 

* Comprised less than 10% of net purchase for the respective period.

  

The Company had the following suppliers that individually comprised 10% or more of trade payable as of December 31, 2024 and June 30, 2025 as follows:

 

   December 31, 2024   June 30, 2025 
Supplier A  $
*
    
*
   $4,221,910    11.3%
Supplier B   3,263,562    12.4%   4,098,758    11.0%