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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash flows from operating activities:      
Net loss $ (876,205) $ (1,144,489)  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 170,682 128,270 $ 545,549
Changes in assets and liabilities:      
Accounts receivable (94,135)  
Inventories (4,128) 6,337  
Other assets 346,962 (709,109)  
Accounts payable and accrued expenses 26,707 41,684  
Due to related party 56,921 (155,753)  
Other payables 64,258  
Net cash used in operating activities (373,196) (1,768,802)  
Cash flows from investing activities:      
Purchases of property and equipment (356,642) (938,984)  
Net cash used in investing activities (356,642) (938,984)  
Cash flows from financing activities:      
Advance from line of credit 500,000  
Proceeds from borrowings 812,000  
Repayments on bank notes payables (84,130) (87,215)  
Repayment of loan payable to financial institutions (168,769)  
Proceeds from sale of common shares 64,149  
Net cash provided by financing activities 623,250 412,785  
Net decrease in cash (106,588) (2,295,001)  
Cash – beginning of period 1,462,326 6,138,786 6,138,786
Cash – end of period 1,355,738 3,843,785 $ 1,462,326
Cash paid during the periods for:      
Interest 104,318 61,137  
Income taxes