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Prepayments and Other Current Assets | 12 Months Ended
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Dec. 31, 2024
Prepayments and Other Current Assets [Abstract] |
Prepayments and other current assets | (5) Prepayments and other current assets Prepayments and other current assets consisted of the following as of December 31, 2024, and 2023:
|  | December 31, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Prepayment for purchase of materials |  | $ | 5,634,870 |  |  | $ | 5,446,823 |
Value-added tax recoverable |  |  | 13,154,375 |  |  |  | 13,409,459 |
Prepaid gas |  |  | 14,096 |  |  |  | 116,372 |
Others |  |  | 8,527 |  |  |  | 8,636 |
Allowance for doubtful accounts |  |  | (860,601 | ) |  |  | - |
|  | $ | 17,951,267 |  |  | $ | 18,981,290 |
The movement of allowance for doubtful accounts was as follows:
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |
Balance at beginning of year |  | $ | - |  |  | $ | - |
Additional charge (written off), net |  |  | 869,272 |  |  |  | - |
Foreign currency translation difference |  |  | (8,671 | ) |  |  | - |
Balance at the end of year |  | $ | 860,601 |  |  | $ | - |

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- References No definition available. + Details
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