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Accrued Expenses and Other Payables (Tables) | 3 Months Ended
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Mar. 31, 2024
Accrued Expenses and Other Payables |
Schedule of accrued expenses and other payables |
|  | March 31, 2024 |  |  | December 31, 2023 |
|  | (Unaudited) |  |  |  |
Customer deposits |  | $ | 269,169 |  |  | $ | 384,232 |
Accrued operating and project payables |  |  | 4,804,783 |  |  |  | 7,460,887 |
Payable to Uonone (See Note 15) |  |  | 2,498,726 |  |  |  | 2,551,458 |
Accrued compensation expenses |  |  | 1,700,291 |  |  |  | 2,387,574 |
Retainage payable to vendors |  |  | 826,292 |  |  |  | 802,886 |
Preacquisition liability |  |  | 1,486,273 |  |  |  | 1,517,639 |
Accrued settlement |  |  | 276,428 |  |  |  | 276,428 |
Accrued warranty expense |  |  | 243,372 |  |  |  | 248,508 |
VAT taxes payable |  |  | 818,063 |  |  |  | 697,480 |
Income taxes payable |  |  | 10,023 |  |  |  | 139,659 |
Refundable vendor bid deposits |  |  | 13,852 |  |  |  | 14,145 |
Total accrued expenses and other payables |  | $ | 12,947,272 |  |  | $ | 16,480,896 |
Schedule of warranty liability |
|  | Three Months Ended March 31, |
|  | 2024 |  |  | 2023 |
|  | (Unaudited) |
Balance – beginning of period |  | $ | 2,174,488 |  |  | $ | 2,411,637 |
Provision for warranty liability |  |  | 61,466 |  |  |  | 152,231 |
Expenditures and adjustments |  |  | (143,120 | ) |  |  | (29,006 | )
Effect of exchange rate |  |  | (5,136 | ) |  |  | 8,752 |
Balance – end of period |  |  | 2,087,698 |  |  |  | 2,543,614 |
Less: current portion (accrued expenses and other payables) |  |  | (243,372 | ) |  |  | (255,859 | )
Non-current portion (other liabilities) |  | $ | 1,844,326 |  |  | $ | 2,287,755 |

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- 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
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482425/460-10-50-8 + Details
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