XML 21 R7.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (4,736,365) $ (3,078,818)
Depreciation and amortization 2,618,066 2,753,653
Credit losses (gains) 5,702 (15,757)
Inventory write off 450,738 (7,974)
Write off of property, plant & equipment 45,385
Changes in assets and liabilities:    
Trade accounts and other receivables (197,708) (938,021)
Advances to suppliers (13,099) 437,431
Inventories 1,606,888 (17,058)
Trade accounts payable (733,916) 312,045
Other payables and accrued expenses 432,051 257,778
Contract liabilities 73,716 (423,261)
Prepaid expenses 27,565 (25,089)
Net Cash Used in Operating Activities (466,362) (699,686)
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment, net (38,411) (11,517)
Advances for intangible assets (253,307)
Net Cash used in Investing Activities (291,718) (11,517)
Cash Flows from Financing Activities:    
Payments of line of credit (492,761) (1,490,049)
Proceeds from lines of credit 492,761 1,532,622
Proceeds from related party 27,353 30,572
Net Cash Provided By Financing Activities 27,353 73,145
Effect of Exchange Rate Changes on Cash (66,232) 31,925
Net Decrease in Cash and Cash Equivalents (796,959) (606,133)
Cash and Cash Equivalents at Beginning of Year 1,423,838 2,029,971
Cash, Cash Equivalents and Restricted Cash at End of Year 626,879 1,423,838
Supplemental Cash Flow Information:    
Cash paid for income taxes
Cash paid for interest 86,765 92,439
Supplemental Non-Cash Flow Information:    
Conversions of Note Payable and interest to common stock 1,467,060 1,854,542
Issuances of stock for intangible assets 3,695,000 1,650,000
Issuance of common for securities purchase agreement 180,000  
Lease liabilities arising from obtaining right-of-use assets $ 156,273