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Consolidated Statements of Income and Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
REVENUES    
Revenue from customers $ 40,687,624 $ 31,345,951
Revenues from related parties 97,850
Total Revenues 40,785,474 31,345,951
COST OF REVENUES    
Cost of revenues from customers (22,256,642) (15,736,080)
Cost of revenues related parties (97,850)
Total Cost of revenues (22,354,492) (15,736,080)
GROSS PROFIT 18,430,982 15,609,871
OPERATING EXPENSES    
Selling expenses (630,503) (264,553)
General and administrative expenses (1,937,374) (2,322,055)
Research and development expenses (89,477) (77,997)
Share-based compensation (3,149,106) (1,064,358)
Total operating expenses (5,806,460) (3,728,963)
INCOME FROM OPERATIONS 12,624,522 11,880,908
OTHER INCOME (EXPENSES)    
Interest income 95,534 81,537
Interest expense (27,450) (1,728,961)
Government grant 695,055 246,227
Gain on asset disposal 7,648,423
Gain on changes in fair value of common stock purchase warrants liability 759,471
TOTAL OTHER (EXPENSES), NET 9,171,033 (1,401,197)
INCOME BEFORE INCOME TAX EXPENSE 21,795,555 10,479,711
INCOME TAX EXPENSE (4,409,589) (1,549,333)
NET INCOME 17,385,966 8,930,378
OTHER COMPREHENSIVE INCOME (LOSS)    
Foreign currency translation adjustment 1,307,260 2,692,896
COMPREHENSIVE INCOME $ 18,693,226 $ 11,623,274
EARNINGS PER COMMON SHARE    
Basic $ 0.55 $ 0.31
Diluted $ 0.55 $ 0.31
Weighted Average Number of Shares Outstanding, Diluted [Abstract]    
Basic 31,811,523 28,774,886
Diluted 32,653,163 28,985,246