Condensed Consolidated Statements of Income and Comprehensive Income |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
|
Mar. 31, 2023
USD ($)
$ / shares
shares
|
Mar. 31, 2022
USD ($)
$ / shares
shares
|
Dec. 31, 2022
USD ($)
$ / shares
shares
|
Dec. 31, 2021
USD ($)
$ / shares
shares
|
|
| REVENUES | ||||
| Revenues from related parties | $ 13,433,461 | $ 11,994,547 | $ 37,923,112 | $ 40,785,474 |
| Total Revenues | 13,433,461 | 11,994,547 | 37,923,112 | 40,785,474 |
| COST OF REVENUES | ||||
| Cost of revenues from customers | (23,872,632) | (22,256,642) | ||
| Cost of revenues related parties | (97,850) | |||
| Total Cost of revenues | (7,394,661) | (7,683,792) | (23,872,632) | (22,354,492) |
| Cost of revenues | (7,394,661) | (7,683,792) | (23,872,632) | (22,354,492) |
| GROSS PROFIT | 6,038,800 | 4,310,755 | 14,050,480 | 18,430,982 |
| OPERATING EXPENSES | ||||
| Selling expenses | (50,705) | (485,147) | (1,288,467) | (630,503) |
| General and administrative expenses | (1,666,756) | (372,338) | (1,262,093) | (1,937,374) |
| Research and development expenses | (20,885) | (22,857) | (85,251) | (89,477) |
| Share-based compensation | (3,149,106) | |||
| Total operating expenses | (1,738,346) | (880,342) | (2,635,811) | (5,806,460) |
| INCOME FROM OPERATIONS | 4,300,454 | 3,430,413 | 11,414,669 | 12,624,522 |
| OTHER INCOME (EXPENSES) | ||||
| Interest income | 29,195 | 29,134 | 118,714 | 95,534 |
| Interest expense | (33,399) | (56,172) | (224,885) | (27,450) |
| Government grant | 695,055 | |||
| Gain on asset disposal | 7,648,423 | |||
| Loss on conversion of convertible promissory notes payable | (96,927) | |||
| Gain on changes in fair value of common stock purchase warrants liability | (97,602) | 160,443 | 871,677 | 759,471 |
| TOTAL OTHER INCOME, NET | (101,806) | 133,405 | 668,579 | 9,171,033 |
| INCOME BEFORE INCOME TAX EXPENSE | 4,198,648 | 3,563,818 | 12,083,248 | 21,795,555 |
| INCOME TAX EXPENSE | (1,405,399) | (1,001,305) | (3,352,802) | (4,409,589) |
| NET INCOME | 2,793,249 | 2,562,513 | 8,730,446 | 17,385,966 |
| OTHER COMPREHENSIVE INCOME (LOSS) | ||||
| Foreign currency translation adjustment | (680,976) | 380,194 | (5,242,692) | 1,307,260 |
| COMPREHENSIVE INCOME | $ 2,112,273 | $ 2,942,707 | $ 3,487,754 | $ 18,693,226 |
| EARNINGS PER COMMON SHARE | ||||
| Basic | $ / shares | $ 0.02 | $ 0.08 | $ 0.27 | $ 0.55 |
| Diluted | $ / shares | $ 0.02 | $ 0.08 | $ 0.27 | $ 0.55 |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING* | ||||
| Basic | shares | 159,827,187 | 31,811,523 | 32,410,223 | 31,811,523 |
| Diluted | shares | 162,059,750 | 32,653,163 | 36,875,349 | 32,653,163 |
| Customers [Member] | ||||
| REVENUES | ||||
| Revenues from related parties | $ 37,923,112 | $ 40,687,624 | ||
| Total Revenues | 37,923,112 | 40,687,624 | ||
| Related Party [Member] | ||||
| REVENUES | ||||
| Revenues from related parties | 97,850 | |||
| Total Revenues | $ 97,850 | |||
| X | ||||||||||
- Definition Cost of revenues related parties. No definition available.
|
| X | ||||||||||
- Definition Gain on changes in fair value of common stock purchase warrants liability. No definition available.
|
| X | ||||||||||
- Definition Government grant No definition available.
|
| X | ||||||||||
- Definition Loss On Conversion Of Convertible Promissory Notes Payable. No definition available.
|
| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount before tax, after reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Expenses recognized in the period that are directly related to the selling and distribution of products or services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of noncash expense for share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|