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v3.25.1

Inventories (Tables) | 3 Months Ended
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Mar. 31, 2025
Inventories [Abstract] |
Schedule of Inventories | Inventories consisted of the following as of March 31, 2025 and December 31, 2024:
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Raw Materials |  |  |  |  |  |
Recycled paper board |  | $ | 3,244,750 |  |  | $ | 1,353,543 |
Recycled white scrap paper |  |  | 10,506 |  |  |  | 10,491 |
Gas |  |  | 107,821 |  |  |  | 16,334 |
Base paper and other raw materials |  |  | 160,989 |  |  |  | 132,348 |
|  |  | 3,524,066 |  |  |  | 1,512,716 |
Semi-finished Goods |  |  | 296,213 |  |  |  | 295,792 |
Finished Goods |  |  | 1,517,494 |  |  |  | 1,269,487 |
Total inventory, gross |  |  | 5,337,773 |  |  |  | 3,077,995 |
Inventory reserve |  |  | (695,717 | ) |  |  | (726,119 | )
Total inventory, net |  | $ | 4,642,056 |  |  | $ | 2,351,876 |
Schedule of Inventory Reserve | The movement of inventory reserve was as follows:
|  | Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Balance at beginning of year |  | $ | 726,119 |  |  | $ | 2,959 |
Additional charge (written off), net |  |  | (31,453 | ) |  |  | 730,490 |
Foreign currency translation difference |  |  | 1,051 |  |  |  | (7,330 | )
Balance at the end of year |  | $ | 695,717 |  |  | $ | 726,119 |

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