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Inventories, Net

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Inventories, Net

Note 4 — Inventories, net

Inventories, net consisted of the following:

​	​	​	​	​	​	​
​	​	As of		​	As of
​	​	June 30, 2024		​	December 31, 2023
​		USD			USD
​	​	​		​	​
Finished product	​	$	13,438,543	​	$	10,565,858
Reserves for slow-moving inventories	​		(633,762)	​		(642,006)
Inventories, net	​	$	12,804,781	​	$	9,923,852

​

Movements of inventory reserves are as follows:

​	​	​	​	​	​	​
​	​	For the Six Months Ended		​	For the Year Ended
​	​	June 30,		​	December 31,
​	​	2024		​	2023
​		USD			USD
​	​	​		​	​
Beginning balance	​	$	642,006	​	$	663,530
Provision (recovery)		​	(8,244)		​	(21,524)
Ending balance	​	$	633,762	​	$	642,006

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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