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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 63,451 $ 180,039
Restricted cash 303 296
Accounts receivable, net 73,164 56,281
Inventories, net 931,544 851,739
Advances to suppliers, net 1,785,230 849,535
Other receivables, net 249,648 262,696
Prepaid expenses 248,481 480,067
Assets of discontinuing operations 10,295,422
Total current assets 6,908,489 14,892,373
Non-current assets    
Plant and equipment, net 4,623,270 4,957,928
Intangible assets, net 738,424 819,072
Construction in progress, net 23,486 22,906
Goodwill 4,724,699
Total non-current assets 5,385,180 10,524,605
Total assets 12,293,669 25,416,978
Current liabilities    
Loans-current 4,612,598 1,641,503
Accounts payable 2,646,571 1,851,646
Advance from customers 250,987 368,232
Taxes payable 124,511 80,671
Other payables and accrued liabilities 1,940,114 1,948,434
Liabilities of discontinuing operations 4,470,660
Total current liabilities 12,445,789 13,312,118
Non-current liabilities    
Other long-term liabilities
Loans-noncurrent 421,408 410,998
Total non-current liabilities 421,408 410,998
Total liabilities 12,867,197 13,723,116
Commitments and contingencies
Stockholders’ equity    
Preferred stock: $0.001 par value, 100,000,000 shares authorized; none issued or outstanding as of September 30, 2025 and December 31, 2024
Common stock: $0.001 par value, 1,500,000,000 shares authorized; 7,282,714 shares issued and outstanding as of September 30, 2025 and December 31, 2024 7,283 7,283
Additional paid-in capital 158,566,274 155,767,774
Accumulated deficit (161,772,429) (148,053,653)
Accumulated other comprehensive income 2,625,344 3,972,458
Total stockholders’ (deficit) equity (573,528) 11,693,862
Total liabilities and stockholders’ equity 12,293,669 25,416,978
Related Party    
Current assets    
Other receivables-related parties 3,556,668 1,916,298
Current liabilities    
Other payables-related parties $ 2,871,008 $ 2,950,972