XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]    
Revenues $ 1,833,590 $ 2,948,115
Cost of revenues (880,180) (1,448,835)
Gross profit 953,410 1,499,280
Operating expenses:    
General and administrative 1,315,420 991,254
Selling 9,844 325
Total operating expenses 1,325,264 991,579
Operating (loss) income (371,854) 507,701
Other income (expense)    
Government subsidies 42,976 148,902
Net investment gain 228,104 88,846
Interest income 556,011 364,042
Interest expense (154,015) (160,319)
Other expense, net (8,983) (1,257)
Total other income, net 664,093 440,214
Income before provision for income taxes 292,239 947,915
Income tax expense 170,577 325,941
Net income 121,662 621,974
Comprehensive income    
Net income 121,662 621,974
Foreign currency translation loss (314,709) (497,345)
Comprehensive (loss) income $ (193,047) $ 124,629
Earnings per ordinary share    
Earnings per ordinary share, basic (in Dollars per share) $ 0.01 $ 0.05
Earnings per ordinary share, diluted (in Dollars per share) $ 0.01 $ 0.05
Weighted average number of ordinary shares outstanding    
Weighted average number of ordinary shares outstanding, basic (in Shares) 14,392,364 12,122,574
Weighted average number of ordinary shares outstanding, diluted (in Shares) 14,392,364 12,122,574