XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 924,943 $ 1,097,862 $ 2,294,782 $ 3,058,152
Cost of revenue 1,940,329 1,244,523 3,600,192 3,026,889
Gross (loss) profit (1,015,386) (146,661) (1,305,410) 31,263
Operating expenses:        
Selling expenses 111,455 169,820 219,642 314,252
General and administrative expenses 91,870 112,033 580,326 530,032
Research and development expenses 164,334 23,747 195,785 46,755
Bad debt expense (reversal of allowance for doubtful accounts 8,476 4,047 6,410 (5,989)
Total operating expenses 376,135 309,647 1,002,163 885,050
Loss from operations (1,391,521) (456,308) (2,307,573) (853,787)
Other income (expense):        
Interest income 1,531 942 3,846 1,890
Interest expense (48,140) (137,663) (90,295) (217,108)
Net other expense (46,609) (136,721) (86,449) (215,218)
Loss before income taxes (1,438,130) (593,029) (2,394,022) (1,069,005)
Income tax expense
Net loss (1,438,130) (593,029) (2,394,022) (1,069,005)
Other comprehensive loss - foreign currency translation adjustment (45,502) (523,687) (67,077) (318,365)
Comprehensive loss $ (1,483,632) $ (1,116,716) $ (2,461,099) $ (1,387,370)
Loss per share:        
Basic (in Dollars per share) $ (0.09) $ (0.35) $ (0.16) $ (0.65)
Weighted average shares outstanding (in Shares) 16,124,241 1,689,985 14,727,410 1,653,076