XML 63 R51.htm IDEA: XBRL DOCUMENT v3.25.3

Accrued Expenses and Other Payables (Tables)

9 Months Ended

Sep. 30, 2025

Accrued Expenses and Other Payables [Abstract]

Schedule of Accrued Expenses and Other Payables

Accrued expenses and other payables as of December 31, 2024 and September 30, 2025 consisted of the following:

		December 31,				September 30,
		2024				2025
Construction costs payable		$	11,570,384			$	15,401,619
Equipment purchase payable			10,871,081				22,956,432
Liquidated damages*			1,210,119				1,210,119
Accrued staff costs			6,253,168				6,374,240
Customer deposits			6,856,137				8,236,707
Deferred revenue			4,831,774				10,520,723
Accrued expenses			2,059,252				2,623,215
Interest payables			69,927				75,858
Other tax payables			1,175,339				1,065,402
Dividend payable to non-controlling interest to Hitrans			1,221,915				1,252,580
Payables to suppliers for non-operating agency-based service			11,981,065				7,123,852
Other payable			185,474				465,741
		$	58,285,635			$	77,306,488

* On August 15, 2006, the SEC declared effective a post-effective amendment that the Company had filed on August 4, 2006, terminating the effectiveness of a resale registration statement on Form SB-2 that had been filed pursuant to a registration rights agreement with certain shareholders to register the resale of shares held by those shareholders. The Company subsequently filed Form S-1 for these shareholders. On December 8, 2006, the Company filed its Annual Report on Form 10-K for the year ended September 30, 2006 (the “2006 Form 10-K”). After the filing of the 2006 Form 10-K, the Company’s previously filed registration statement on Form S-1 was no longer available for resale by the selling shareholders whose shares were included in such Form S-1. Under the registration rights agreement, those selling shareholders became eligible for liquidated damages from the Company relating to the above two events totaling approximately $1,051,000. As of December 31, 2024 and September 30, 2025, no liquidated damages relating to both events have been paid.

X

- References

No definition available.

+ Details

Name:	us-gaap_PayablesAndAccrualsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration