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