XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
NET REVENUE    
Net revenue $ 8,930,737 $ 5,259,243
OPERATING EXPENSE    
Cost of net revenue (4,549,968) (4,181,389)
Sales, marketing and other operating expenses (10,360) (9,545)
Direct labor and factory overheads incurred during plant shutdown (2,184,591) (2,613,483)
General and administrative expenses (2,242,501) (1,736,250)
Other operating expense (8,404) 0
Total operating expense (8,995,824) (8,540,667)
LOSS FROM OPERATIONS (65,087) (3,281,424)
OTHER INCOME (EXPENSE)    
Interest expense (34,692) (36,862)
Interest income 75,528 72,453
LOSS BEFORE TAXES (24,251) (3,245,833)
INCOME TAX  BENEFIT (95,695) 743,709
NET LOSS (119,946) (2,502,124)
OTHER COMPREHENSIVE LOSS    
- Foreign currency translation adjustments 1,549,034 (2,184,690)
COMPREHENSIVE INCOME (LOSS) $ 1,429,088 $ (4,686,814)
LOSS PER SHARE:    
BASIC AND DILUTED $ (0.01) $ (0.25)
WEIGHTED AVERAGE NUMBER OF SHARES:    
BASIC AND DILUTED 10,471,924 9,997,477