XML 47 R35.htm IDEA: XBRL DOCUMENT
v3.25.2

Segment Reporting (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Geographical Revenue | 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 |
Schedule of Segment Information | 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 |

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration