XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Loss and Comprehensive Loss - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
NET REVENUE        
Net revenue $ 15,711,714 $ 11,148,008 $ 24,642,451 $ 16,407,251
OPERATING INCOME (EXPENSE)        
Cost of net revenue (8,101,120) (6,915,774) (12,651,088) (11,097,163)
Sales, marketing and other operating expenses (17,045) (15,625) (27,405) (25,170)
Direct labor and factory overheads incurred during plant shutdown (1,927,297) (1,394,717) (4,111,888) (4,008,200)
General and administrative expenses (557,089) (5,204,701) (2,799,590) (6,940,951)
Other operating expense (8,404)
Total operating income (expense) (10,602,551) (13,530,817) (19,598,375) (22,071,484)
PROFIT (LOSS) FROM OPERATIONS 5,109,163 (2,382,809) 5,044,076 (5,664,233)
OTHER INCOME (EXPENSE)        
Interest expense (32,296) (39,368) (66,988) (76,230)
Interest income 74,548 75,437 150,076 147,890
Income (Loss) BEFORE TAXES 5,151,415 (2,346,740) 5,127,164 (5,592,573)
INCOME TAX (1,249,621) (356,480) (1,345,316) 387,229
NET Profit (LOSS) 3,901,794 (2,703,220) 3,781,848 (5,205,344)
COMPREHENSIVE Profit (LOSS)        
- Foreign currency translation adjustments (16,393,444) 5,334,236 (14,844,410) 3,149,546
COMPREHENSIVE Profit (LOSS) $ (12,491,650) $ 2,631,016 $ (11,062,562) $ (2,055,798)
Earnings (LOSS) PER SHARE:        
BASIC AND DILUTED $ 0.37 $ (0.26) $ 0.36 $ (0.50)
WEIGHTED AVERAGE NUMBER OF SHARES:        
BASIC AND DILUTED 10,471,924 10,469,477 10,471,924 10,469,477