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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net loss $ (1,069,005) $ (1,917,884)
Depreciation and amortization 1,374,724 1,396,771
Bad debt (benefit) expense (5,989) (9,879)
Inventory write off 24,259
Changes in assets and liabilities:    
Trade accounts and other receivables (344,449) 148,105
Advances to suppliers 294,625 (8,514)
Inventory (791,042) (85,985)
Trade accounts payable (238,684) (499,822)
Other payables and accrued expenses (425,153) (137,335)
Advances from customers (458,999) (63,438)
Prepaid expenses (44,936) (35,281)
Net Cash Used in Operating Activities (1,684,649) (1,213,262)
Cash Flows from Investing Activities:    
Purchases of property and equipment 60,465 (176,682)
Net Cash Used in Investing Activities 60,465 (176,682)
Cash Flows from Financing Activities:    
Payments of line of credit (910,000)
Proceeds from lines of credit 505,114  
Borrowings and interest from related party 14,057 15,023
Repayments to related party (231,356)
Net Cash (Used In) Provided By Financing Activities 519,171 (1,126,333)
Effect of Exchange Rate Changes on Cash (23,048) (97,821)
Net Increase in Cash, Cash Equivalents and Restricted Cash (1,128,061) (2,614,098)
Cash and Cash Equivalents at Beginning of Period 2,029,971 4,859,060
Cash, Cash Equivalents and Restricted Cash at End of Period 901,910 2,244,962
Supplemental Cash Flow Information:    
Cash paid for income taxes
Cash paid for interest 39,681 81,401
Supplemental Noncash Investing and Financing Activities:    
Accounts receivable collected with banker’s acceptances 421,458 205,711
Inventory purchased with banker’s acceptances 351,463 284,418
Conversions of Note Payable to common stock 800,000 500,000
Right of use assets $ 158,926