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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Revenue by Major Revenue

The Company’s CODM evaluates performance based on each reporting segment’s revenue and costs of revenues. Revenues, cost of revenues and gross (loss) profits by segment are presented below.

		For the six months ended June 30,
		2025				2024
REVENUES, NET
Graphite anode business		$	27,907,475			$	21,561,285
Knowledge sharing and enterprise business			59,606				721,886
Total revenues			27,967,081				22,283,171
COSTS OF REVENUES
Graphite anode business			24,262,266				21,984,752
Knowledge sharing and enterprise business			6,078				281,030
Total cost of revenues			24,268,344				22,265,782
GROSS PROFIT (LOSS)
Graphite anode business			3,645,209				(423,467	)
Knowledge sharing and enterprise business			53,528				440,856
Total gross loss			3,698,737				17,389
RECONCILIATION OF LOSS (SEGMENT OF GROSS LOSS)
UNALLOCATED AMOUNTS
OPERATING EXPENSES
Selling expenses			495,385				361,679
General and administrative expenses			3,116,148				4,212,561
Research and development expenses			754,331				847,852
Total operating expenses			4,365,864				5,422,092
LOSS FROM OPERATIONS			(667,127	)			(5,404,703	)
OTHER (EXPENSES) INCOME
Investment income			47,467				84,295
Interest expense, net			(2,217,089	)			(918,199	)
Other (expense) income, net			(3,258	)			217,635
Total other expenses, net			(2,172,880	)			(616,269	)
LOSS BEFORE INCOME TAXES		$	(2,840,007	)		$	(6,020,972	)

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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