v3.25.3
Unaudited Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net (loss) income $ (916,109) $ 121,662
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 145,775 118,779
Accrued interest income from loans, net (104,790) (193,762)
Net investment gain (66,820) (228,104)
Provision for expected credit losses of receivables and advances to suppliers 482,621 7,925
Provision for obsolete inventories 3,832
Deferred income tax (100,882) 169,778
Changes in operating assets and liabilities:    
Short-term investments - trading securities 2,426,716 27,750
Accounts receivable 1,044,167 756,799
Advance to suppliers (2,272,803) (18,246)
Inventories 12,483 21,859
Prepaid expenses and other current assets 266,117 47,525
Accounts payable (50,983) 80,817
Advance from customers 291,466 (2,899)
Deferred revenue (16,056) (98,668)
Tax payable 5,781 1,737
Due to related parties 16,546
Accrued expenses and other current liabilities (13,461) (58,829)
Net cash provided by operating activities 1,153,600 754,123
Cash flows from investing activities:    
Payment for software development (333,005)
Loans to third parties (413,645) (2,618,726)
Loans repayment by third-parties 137,882 2,443,523
Purchases of property and equipment (9,865)
Purchases of held-to-maturity investments (1,650,000) (9,500,000)
Redemption of held-to-maturity investments 700,000
Deposit for acquisition (1,010,041)
Refund of deposit for acquisition 1,000,000
Net cash used in investing activities (225,763) (11,028,114)
Cash flows from financing activities:    
Proceeds from private placement 8,200,000
Net cash provided by financing activities 8,200,000
Effect of exchange rate changes on cash 33,690 (21,488)
Net increase (decrease) in cash 961,527 (2,095,479)
Cash at the beginning of period 7,236,798 9,311,537
Cash at the end of period 8,198,325 7,216,058
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 79,149
Cash paid for interest $ 50,912