v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 992,886 $ 3,792,033
Accounts receivable, net 865,136 235,959
Inventory, net 21,087,764 18,298,935
Prepaid expenses and other current assets 815,044 619,261
Total current assets 23,760,830 22,946,188
Property and equipment, net 87,666 95,917
Deferred tax assets 398,429 609,964
Operating lease right-of-use lease assets 145,424 169,368
Total non-current assets 631,519 875,249
TOTAL ASSETS 24,392,349 23,821,437
Current liabilities    
Accounts payable 9,784,011 6,200,526
Credit cards payable 3,068,467 3,707,976
Short-term loan 626,076 637,348
Operating lease liabilities-current 90,728 92,362
Income taxes payable 105,962 51,147
Accrued expenses and other current liabilities 764,060 2,226,387
Total current liabilities 16,499,722 16,726,164
Non-current liabilities    
Operating lease liabilities-non-current 60,081 83,271
Deferred tax liabilities 17,822 18,143
Total non-current liabilities 77,903 101,414
Total liabilities 16,577,625 16,827,578
Commitments and contingencies
Stockholders’ equity    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding as of March 31, 2026 and December 31, 2025
Common stock: $0.0001 par value, 300,000,000 shares authorized, 35,183,890 and 35,176,320 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 3,518 3,518
Additional paid-in capital 5,877,682 5,862,683
Retained earnings 1,933,156 1,109,674
Accumulated other comprehensive income 368 17,984
Total stockholders’ equity 7,814,724 6,993,859
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 24,392,349 23,821,437
Related Party [Member]    
Current liabilities    
Due to related parties $ 2,060,418 $ 3,810,418