v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net revenues $ 1,642,693 $ 4,448,410 $ 11,430,479 $ 6,348,124
Cost of revenues (623,377) (3,759,381) (10,512,301) (5,666,227)
Gross profit (loss) 1,019,316 689,029 918,178 681,897
Operating expenses (255,988) (353,624) (602,529) (671,479)
General and administrative expenses (915,091) (684,614) (1,522,961) (1,375,431)
Operating profit (loss) (151,763) (349,209) (1,207,312) (1,365,013)
Other income (expenses)        
Interest income 56,471 67,201 40,020 121,898
Interest expense (447,682) (562,698) (862,329) (1,126,174)
Other income (loss), net 2,557,036 (3,271,230) 1,798,091 (6,545,190)
Total other Income (loss) 2,165,825 (3,766,727) 975,782 (7,549,466)
Income (loss) before income taxes 2,014,062 (4,115,936) (231,530) (8,914,479)
Income tax benefit (expense) (276,656) (169,070) (278,541) (169,216)
Net income (loss) 1,737,406 (4,285,006) (510,071) (9,083,695)
Less: Net (income) loss attributable to non-controlling interests 84,225 685,097 1,417,088 1,476,806
Net income (loss) attributable to shareholders of Sunrise Real Estate Group, Inc. 1,821,631 (3,599,909) 907,017 (7,606,889)
Other comprehensive income (loss) Foreign currency translation adjustment 784,336 (469,694) 443,984 (794,617)
Comprehensive income (loss) 2,521,742 (4,754,700) (66,087) (9,878,312)
Less: Comprehensive income (loss) attributable to non-controlling interests (122,383) (666,200) (1,472,063) (1,453,006)
Total comprehensive income (loss) attributable to shareholders $ 2,644,125 $ (4,088,500) $ 1,405,976 $ (8,425,306)
Earnings per share - basic (in dollars per share) $ 0.03 $ 0.05 $ 0.01 $ (0.11)
Earnings per share - fully diluted (in dollars per share) $ 0.03 $ 0.05 $ 0.01 $ (0.11)
Weighted average common shares outstanding - basic (in shares) 68,691,925 68,691,925 68,691,925 68,691,925
Weighted average common shares outstanding - fully diluted (in shares) 68,691,925 68,691,925 68,691,925 68,691,925