SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) |
12 Months Ended | |||
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Dec. 31, 2024
USD ($)
Segment
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Dec. 31, 2024
CNY (¥)
Segment
|
Dec. 31, 2023
USD ($)
|
Dec. 31, 2022
USD ($)
|
|
Subsidiary, Sale of Stock [Line Items] | ||||
Description of foreign currency translation adjustment | Consolidated Balance Sheets amounts, with the exception of equity, on December 31, 2024 and 2023 were translated at RMB7.2993 to $1.00 and RMB7.0999 to $1.00, respectively. Equity accounts were stated at their historical rates. The average translation rates applied to Consolidated Statements of Operations and Comprehensive Income and Cash Flows for the years ended December 31, 2024 and 2023 were RMB7.1957 to $1.00 and RMB7.0809 to $1.00, respectively | Consolidated Balance Sheets amounts, with the exception of equity, on December 31, 2024 and 2023 were translated at RMB7.2993 to $1.00 and RMB7.0999 to $1.00, respectively. Equity accounts were stated at their historical rates. The average translation rates applied to Consolidated Statements of Operations and Comprehensive Income and Cash Flows for the years ended December 31, 2024 and 2023 were RMB7.1957 to $1.00 and RMB7.0809 to $1.00, respectively | ||
Inventory write-downs | $ 0 | $ 0 | ||
Amortization of intangible assets | 751,208 | 468,781 | $ 184,856 | |
Advances from customers | 1,843,976 | 1,555,424 | ||
Revenues recognized from contract liabilities | $ 1,298,230 | 135,002 | ||
Standard warranty description | The Company’s standard warranty on the software development and design services varies from one year to three years or up to 100,000 kilometers of the vehicles that equipped with the software | The Company’s standard warranty on the software development and design services varies from one year to three years or up to 100,000 kilometers of the vehicles that equipped with the software | ||
Research and development expenses | $ 1,663,445 | 262,375 | $ 227,555 | |
Underpayment of taxes | $ 14,498 | ¥ 100,000 | ||
Number of operating segments | Segment | 2 | 2 | ||
Cost of Sales [Member] | ||||
Subsidiary, Sale of Stock [Line Items] | ||||
Product warranty claims and cost | $ 4,221 | $ 35,401 | ||
Computer Software, Intangible Asset [Member] | ||||
Subsidiary, Sale of Stock [Line Items] | ||||
Intangible assets, Estimated useful life | 3 years | 3 years | ||
IPO [Member] | ||||
Subsidiary, Sale of Stock [Line Items] | ||||
Deferred costs | $ 1,282,570 |