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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS    
REVENUE $ 14,584,473 $ 12,349,777
COST OF GOODS SOLD 13,250,847 11,392,700
GROSS PROFIT 1,333,626 957,077
OPERATING EXPENSES    
General and administrative expenses 1,418,138 2,089,014
Salaries and wages 1,258,179 949,451
Sales and marketing expenses 173,630 467,263
Depreciation and amortization expense 319,787 102,521
TOTAL OPERATING EXPENSES 3,169,734 3,608,249
LOSS FROM OPERATIONS (1,836,108) (2,651,172)
OTHER INCOME (EXPENSE)    
Other income, net 191,824 5,743
Interest expense (168,672) (134,373)
Interest income 105,765 183,416
Gain on equity investments, net 1,755 1,293
Gain on extinguishment of debt 0 1,908,513
Change in fair value of derivative liability 0 3,384
Foreign currency transaction, net (161,254) 196,035
TOTAL OTHER INCOME (EXPENSE), NET (30,582) 2,164,011
LOSS BEFORE INCOME TAXES (1,866,690) (487,161)
INCOME TAX EXPENSE 0 27,298
NET LOSS (1,866,690) (459,863)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (1,866,690) (459,863)
OTHER COMPREHENSIVE INCOME (LOSS)    
Foreign currency translation adjustment, net (599,276) 336,463
TOTAL COMPREHENSIVE LOSS $ (2,465,966) $ (123,400)
BASIC NET LOSS PER SHARE $ (0.11) $ (0.04)
DILUTED NET LOSS PER SHARE $ (0.11) $ (0.04)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING    
Basic 16,851,747 10,615,075
Diluted 16,851,747 10,615,075