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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash $ 93,258,248 $ 51,250,505
Accounts receivable, net 13,086,991 9,057,741
Inventories 171,623 423,276
Due from a related party $ 1,080
Other Receivable, after Allowance for Credit Loss, Current, Related and Nonrelated Party Status [Extensible Enumeration] Related Party [Member] Related Party [Member]
Prepaid expenses and other current assets $ 1,146,593 $ 1,450,620
TOTAL CURRENT ASSETS 107,664,535 62,182,142
Property, plant and equipment, net 10,968,268 10,923,610
TOTAL ASSETS 118,632,803 73,105,752
CURRENT LIABILITIES    
Accounts payable 2,088,520 1,383,094
Loan from a third party 472,526 385,791
Due to a related party $ 1,665
Other Liability, Current, Related and Nonrelated Party Status [Extensible Enumeration] Related Party [Member] Related Party [Member]
Income tax payable $ 1,400,221 $ 22,152
Accrued expenses and other current liabilities 2,124,757 944,624
Convertible promissory notes payable 1,245,760 1,277,282
TOTAL CURRENT LIABILITIES 7,331,784 4,014,608
Common stock purchase warrants liability 354,559 256,957
TOTAL LIABILITIES 7,686,343 4,271,565
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 300,000,000 shares authorized, 193,604,965 and 33,604,965 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 193,605 33,605
Additional paid in capital 43,210,253 3,370,253
Statutory reserve 6,040,961 6,040,961
Retained earnings 65,160,141 62,366,892
Accumulated other comprehensive income (3,658,500) (2,977,524)
TOTAL STOCKHOLDERS’ EQUITY 110,946,460 68,834,187
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 118,632,803 $ 73,105,752