v3.26.1
Segment information
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment information Segment information
The Company follows ASC 280, “Segment Reporting” and adopted ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”. The Company has one reporting segment. The Company’s chief operating decision maker has been identified as the chief executive officer, who reviews consolidated results when making
decisions about allocating resources and assessing performance of the Company, and hence the Company has only one reportable segment which derives its revenue from the supply of bath and kitchen products.
The accounting policies of the kitchen and bath segment are the same as those described in the summary of significant accounting policies. The measure of segment net income (loss) is reported on the consolidated statements of operations and comprehensive (loss) income as net income (loss). The measure of segment total assets is reported on the consolidated balance sheets as total assets.
The Company's segment revenue, segment expenses, segment net income (loss), and a reconciliation of the total reportable segment's net income (loss) to the consolidated net income (loss) are as follows:
Kitchen and Bath Segment
For the Three Months Ended
March 31,
20262025
USDUSD
Revenue$30,501,460 $33,212,548 
Less:
Cost of revenue22,340,769 24,312,290 
Selling and distribution expenses6,215,257 7,163,178 
General and administrative expenses2,354,233 2,701,213 
Research and development expenses282,610 316,726 
Other segment items(1)
427,078 274,228 
Provision for (benefit of) income taxes24,678 (739,530)
Segment net loss(1,143,165)(815,557)
Reconciliation of profit or loss
Adjustments and reconciling items— — 
Consolidated net loss$(1,143,165)$(815,557)
(1) Other segment items included interest income, interest expense and non-recurring other income and expenses.