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Condenesd Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
NET REVENUE    
Net revenue $ 9,302,007 $ 8,930,737
OPERATING EXPENSE    
Cost of net revenue (6,769,074) (4,549,968)
Sales, marketing and other operating expenses (13,704) (10,360)
Direct labor and factory overheads incurred during plant shutdown (2,408,736) (2,184,591)
General and administrative expenses (910,051) (2,242,501)
Other operating expense (8,404)
Total operating income (expense) (10,101,565) (8,995,824)
LOSS FROM OPERATIONS (799,558) (65,087)
OTHER INCOME (EXPENSE)    
Interest expense (29,630) (34,692)
Interest income 70,885 75,528
LOSS BEFORE INCOME TAXES (758,303) (24,251)
INCOME TAX (EXPENSE) BENEFIT 200,556 (95,695)
NET LOSS (557,747) (119,946)
OTHER COMPREHENSIVE INCOME    
- Foreign currency translation adjustments 3,779,502 1,549,034
COMPREHENSIVE INCOME (LOSS) $ 3,221,755 $ 1,429,088
BASIC AND DILUTED LOSS PER SHARE $ (0.05) $ (0.01)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES: 10,431,924 10,471,924