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Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Measurements [Abstract]

Schedule of Assets and Liabilities Recorded at Fair Value

The Company uses fair value to measure the value of the banker’s acceptance notes it holds at December 31, 2024 and 2023, respectively. The banker’s acceptance notes are recorded at cost which approximates fair value.  The Company held the following assets and liabilities recorded at fair value:

						Fair Value Measurements at
						Reporting Date Using
Description		December 31, 2024				Level 1				Level 2				Level 3
Banker’s acceptance notes		$	18,642			$	-			$	18,642			$	-
Total		$	18,642			$	-			$	18,642			$	-

						Fair Value Measurements at
						Reporting Date Using
Description		December 31, 2023				Level 1				Level 2				Level 3
Banker’s acceptance notes		$	65,915			$	-			$	65,915			$	-
Total		$	65,915			$	-			$	65,915			$	-

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- References

No definition available.

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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