XML 43 R19.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Property, Plant and Equipment, Net
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

12. PROPERTY, PLANT AND EQUIPMENT, NET

 

Property and equipment consist of the following:

 

   December 31,   December 31, 
   2023   2022 
         
Office equipment, fixtures and furniture  $633,936   $489,184 
Vehicle   730,998    798,955 
Building   146,053    37,784 
Subtotal   1,510,987    1,325,923 
Less: accumulated depreciation and amortization   (716,828)   (276,851)
Construction in progress   3,790,623    3,165,805 
Impairment   (5,594)   (5,688)
Total  $4,579,188   $4,209,189 

 

Depreciation expense included in general and administration expenses for the years ended December 31, 2023 and 2022 was $273,106 and $185,151 respectively. Depreciation expense included in cost of sales for the year ended December 31, 2023 and 2022 was $0 and $0, respectively.