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Segment Reporting | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
SEGMENT REPORTING | NOTE 16 — SEGMENT REPORTING The Company’s chief operating decision maker has been identified as the Chief Executive Officer (“CEO”), who reviews financial information of operating segments based on U.S. GAAP amounts when making decisions about allocating resources and assessing performance of the Company. The Company determined that it operated in one operating segment of touch screen business. The Company primarily operates in People’s Republic of China (“PRC”). and substantially all of the Company’s long-lived assets are located in the PRC.
1) | The Company’s geographical revenue information is set forth below:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Sales in PRC |  | $ | 8,414,927 |  |  | $ | 7,867,625 |  |  | $ | 18,715,995 |  |  | $ | 17,242,097 |
Sales in Overseas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
-Republic of China (ROC, or Taiwan) |  |  | 2,184,676 |  |  |  | 2,411,305 |  |  |  | 4,852,592 |  |  |  | 5,606,466 |
-South Korea |  |  | 1,800,926 |  |  |  | 1,956,141 |  |  |  | 4,121,519 |  |  |  | 4,128,616 |
-Others |  |  | 18,927 |  |  |  | (496 | ) |  |  | 18,927 |  |  |  | 134,655 |
Sub-total |  |  | 4,004,528 |  |  |  | 4,366,950 |  |  |  | 8,993,038 |  |  |  | 9,869,737 |
Total Revenue |  | $ | 12,419,455 |  |  | $ | 12,234,575 |  |  | $ | 27,709,033 |  |  | $ | 27,111,834 |
2) | Segment information is set forth below:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
|  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |
Revenues |  | $ | 12,419,455 |  |  | $ | 12,234,575 |  |  | $ | 27,709,033 |  |  | $ | 27,111,834 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenues |  |  | 8,307,944 |  |  |  | 7,373,757 |  |  |  | 17,955,891 |  |  |  | 18,913,058 |
Allowance for credit losses |  |  | 150 |  |  |  | - |  |  |  | 45,889 |  |  |  | - |
Reversal of provision of obsolete inventory |  |  | (65,976 | ) |  |  | - |  |  |  | (91,252 | ) |  |  | - |
Staff cost |  |  | 353,556 |  |  |  | 344,695 |  |  |  | 705,193 |  |  |  | 672,654 |
Gain on changes in fair value of common stock purchase warrants liability. |  |  | - |  |  |  | (37,751 | ) |  |  | - |  |  |  | (45,572 | )
Amortization of discounts and issue cost of the notes |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 5,715 |
Depreciation expense |  |  | 2,486 |  |  |  | 2,482 |  |  |  | 4,957 |  |  |  | 4,798 |
Lease expense |  |  | 156,869 |  |  |  | 146,643 |  |  |  | 308,244 |  |  |  | 294,372 |
Interest expense |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,169,974 |
Income tax expense |  |  | 876,722 |  |  |  | 1,099,331 |  |  |  | 2,347,828 |  |  |  | 1,761,179 |
Other segment items* |  |  | 545,876 |  |  |  | 603,723 |  |  |  | 1,627,733 |  |  |  | 1,075,092 |
Segment net income |  |  | 2,241,828 |  |  |  | 2,701,694 |  |  |  | 4,804,550 |  |  |  | 3,260,564 |
Consolidated net income |  | $ | 2,241,828 |  |  | $ | 2,701,694 |  |  | $ | 4,804,550 |  |  | $ | 3,260,564 |
Consolidated total assets |  | $ | 137,024,190 |  |  | $ | 125,910,057 |  |  | $ | 137,024,190 |  |  | $ | 125,910,057 |

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- Definition The entire disclosure for reporting segments including data and tables. 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