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Income Taxes, Deferred Tax Assets and Deferred Tax Liabilities (Tables)

9 Months Ended

Sep. 30, 2025

Income Taxes, Deferred Tax Assets and Deferred Tax Liabilities [Abstract]

Schedule of Income Taxes Credit

The Company’s provision for income taxes expenses consisted of:

		Three months ended September 30,								Nine months ended September 30,
		2024				2025				2024				2025
PRC income tax:
Current income tax (credit)		$	339,287			$	(183,853	)		$	2,188,800			$	(183,853	)
Deferred income tax expenses (credit)			-				-				-				-
		$	339,287			$	(183,853	)		$	2,188,800			$	(183,853	)

Schedule of Provision for Income Taxes Determined at the Statutory Income Tax Rate

A reconciliation of the provision for income taxes determined at the statutory income tax rate to the Company’s income taxes is as follows:

		Three months ended September 30,								Nine months ended September 30,
		2024				2025				2024				2025
(Loss) income before income taxes		$	(346,252	)		$	1,898,695			$	17,098,920			$	(3,512,685	)
United States federal corporate income tax rate			21	%			21	%			21	%			21	%
Income tax expenses (credit) computed at United States statutory corporate income tax rate			(72,713	)			398,725				3,590,773				(737,664	)
Reconciling items:
Rate differential for PRC earnings			(6,850	)			93,456				756,176				(86,507	)
Tax effect of entity at preferential tax rate			140,894				(405,898	)			(2,191,866	)			(260,469	)
Non-taxable (income) expenses, net			24,551				66,710				323,077				247,612
Share based payments			12,190				2,922				56,031				13,401
(Under provision) over provision of income tax for prior year, net			(446	)			(4,313	)			(218,623	)			(805,999	)
Utilization of tax losses			(3,864	)			(561,980	)			(1,894,773	)			(919,718	)
Valuation allowance on deferred tax assets			245,525				226,525				1,768,005				2,365,491
Income tax expenses (credit)		$	339,287			$	(183,853	)		$	2,188,800			$	(183,853	)

Schedule of Tax Effects of Temporary Differences Significant Portions of The Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities as of December 31, 2024 and September 30, 2025 are presented below:

		December 31, 2024				September 30, 2025
Deferred tax assets
Trade receivable		$	723,916			$	670,835
Inventories			591,678				714,716
Property, plant and equipment			1,992,540				1,999,877
Non-marketable equity securities			91,842				93,580
Equity method investment			343,850				345,248
Intangible assets			133,684				149,773
Accrued expenses, payroll and others			614,417				700,290
Provision for product warranty			66,617				74,053
Net operating loss carried forward			38,116,873				38,799,774
Valuation allowance			(42,522,990	)			(43,423,967	)
Deferred tax assets, non-current		$	152,427			$	124,179
Deferred tax liabilities, non-current
Long-lived assets arising from acquisitions		$	152,427			$	124,179

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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