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Inventories, Net | 12 Months Ended
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Dec. 31, 2023
Inventories, net [Abstract] |
Inventories, net | Note 7 – Inventories, net
|  | As of December 31, |  |  | As of December 31, |
|  | 2023 |  |  | 2022 |
Finished goods |  | $ | 10,064,160 |  |  | $ | 10,627,535 |
Work in process |  |  | 938,289 |  |  |  | 953,088 |
Raw materials |  |  | 19,632,702 |  |  |  | 20,125,467 |
|  |  | 30,635,151 |  |  |  | 31,706,090 |
Less: inventory write-down |  |  | (30,436,305 | ) |  |  | (31,266,026 | )
Inventories, net |  | $ | 198,846 |  |  | $ | 440,064 |
During the years ended December 31, 2023, 2022 and 2021, the Company recorded write-down for the potentially obsolete, slow-moving inventories and lower of cost or market adjustment of US$340,186, US$6,482,019 and US$2,233,452 in cost of revenues, respectively.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
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