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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Taxes [Abstract]

Schedule of Income Taxes Calculated at the Federal Statutory Rates

Following is a reconciliation of income taxes calculated at the federal statutory rates to the provision for income taxes:

		Years Ended December 31,
		2024				2023
(Benefit) tax at statutory rate of 25%		$	(1,184,092	)		$	(769,704	)
Prior year refund received			-				-
Other, primarily the difference in U.S. tax rates			931				3,382
Change in valuation allowance			1,183,161				766,322
Income tax expense		$	-			$	-

Schedule of Deferred Income Tax Assets and Liability

The temporary differences which give rise to the deferred income tax assets and liability are as follows:

		December 31,
		2024				2023
Deferred income tax assets:
Allowance for doubtful trade receivables		$	3,396,795			$	346,519
Allowance for doubtful other receivables			7,112				6,754
Inventory obsolescence reserve			143,518				32,355
Stock compensation			3,201				3,201
Expenses not deductible in current year			1,053,475				1,069,198
Advances for intangible assets impairment			9,477,618				9,619,060
Lease liability, net			256				257
PRC net operating loss carry forward			5,341,831				5,275,411
U.S. net operating loss carry forward			2,279,152				2,078,262
Total deferred income tax assets			21,702,958				18,431,017
Valuation allowance			(21,702,958	)			(18,431,017	)
Net deferred income tax asset		$	-			$	-
Deferred income tax liability:
Intangible assets		$	731,202			$	742,114

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
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-Name Accounting Standards Codification
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