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Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Information

Schedule of information by segment


		Consumer Products						EV						Commercial Factoring						Total
		Six months			Six months			Six months			Six months			Six months			Six months			Six months			Six months
		ended			ended			ended			ended			ended			ended			ended			ended
		June 30, 2022			June 30, 2021			June 30, 2022			June 30, 2021			June 30, 2022			June 30, 2021			June 30, 2022			June 30, 2021
Revenue from external customers		$	26,290,353		$	20,447,438		$	679,064		$	185,750		$	56,311		$	—		$	27,025,728		$	20,633,188
Revenue from inter segment			(722,763)			(375,539)			—			—			—			—			(722,763)			(375,539)
Cost of revenue			21,221,909			16,546,125			665,540			114,262			4,063			—			21,891,512			16,660,387
Gross profit			5,068,444			3,901,313			13,524			71,488			52,248			—			5,134,216			3,972,801
Interest Expenses			106,978			137,594			—			—			—			—			106,978			137,594
Depreciation & amortization			125,705			140,507			79,014			329,842			—			—			204,719			470,349
Capital expenditure			13,951			—			7,928			5,086			—			—			21,879			5,086
Segment assets			87,936,955			108,333,237			4,680,964			12,152,496			43,609,852			—			136,227,771			120,485,733
Segment profit		$	2,754,183		$	199,180		$	(916,312)		$	(6,951,392)			34,373			—		$	1,872,244		$	(6,752,212)

Schedule of long-lived assets, by geographic information about the revenues


		For the six months ended June 30,
		2022			2021
Revenue from China		$	27,025,728		$	20,633,188
Revenue directly from foreign countries			—			—
Total Revenue		$	27,025,728		$	20,633,188