v3.25.2
Consolidated Statements of Stockholders' Equity - USD ($)
Total
Common Stock
Additional Paid-In Capital
Statutory Reserves
Retained Earnings (Accumulated Deficit)
Non-controlling Interest
Accumulated Other Comprehensive (Loss)
Balance, amount at Dec. 31, 2021 $ 112,536,711 $ 6,664 $ 69,630,781 $ 6,874,614 $ 36,684,794 $ (1,724,627) $ 1,071,149
Issuance of common stock for private placement 10,120,400 23,833 10,120,400 0 0 0 0
Cancellation of common stock due to reverse split (4,573) (51) (4,573) 0 0 0 0
Foreign currency translation adjustment (9,303,340) 0 0 0 0 10,536 (9,313,876)
Appropriation of retained earnings to statutory reserve fund 0 0 0 615,784 (615,784) 0 0
Net income (loss) 2,586,196 0 0 0 3,021,069 (434,873) 0
Balance, amount at Dec. 31, 2022 115,935,394 30,446 79,746,608 7,490,398 39,090,079 (2,148,964) (8,242,727)
Foreign currency translation adjustment (4,220,033) 0 0 0 0 1,513 (4,221,546)
Net income (loss) 5,017,546 0 0 0 5,582,847 (565,301) 0
Proceeds received from issuance of common shares 5,834,325 56,000 5,834,325 0 0 0 0
Conversion of convertible note 438,000 8,479 438,000 0 0 0 0
Balance, amount at Dec. 31, 2023 123,005,232 94,925 86,018,933 7,490,398 44,672,926 (2,712,752) (12,464,273)
Foreign currency translation adjustment 86,797 0 0 0 0 4,592 82,205
Appropriation of retained earnings to statutory reserve fund 0 0 0 7,387,651 7,387,651 0 0
Net income (loss) (3,565,285) 0 0 0 (3,241,770) (323,515) 0
Proceeds received from issuance of common shares 364,126 102,250 364,126 0 0 0 0
Conversion of convertible note 2,060,000 222,483 2,060,000 0 0 0 0
Issuance of common stock for warrants exercised 6,325,187 713,000 6,325,187 0 0 0 0
Balance, amount at Dec. 31, 2024 $ 128,276,057 $ 1,132,658 $ 94,768,246 $ 102,747 $ 48,818,807 $ (3,031,675) $ (12,382,068)