v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income $ 3,866,306 $ 2,562,722
Adjustments to reconcile net income to cash provided by operating activities    
Allowance for credit loss 12 45,739
(Reversal) of provision for obsolete inventory (4,012) (25,276)
Depreciation and amortization 9,020 2,471
Amortization of operating Right-of-use assets 157,410 156,014
Changes in operating assets and liabilities:    
Accounts receivable (4,449,866) (3,545,017)
Inventories 20,719 (8,289)
Prepaid expenses and other current assets 75,316 554,764
Deferred tax assets, net 1,000 (5,383)
Accounts payable (140,602) 322,661
Amounts due to related parties 34,999 250,959
Income tax payable 1,198,125 1,290,429
Accrued expenses and other current liabilities (89,876) 589,309
Operating lease liabilities (159,050) (151,375)
Net cash provided by operating activities 519,501 2,039,728
Cash flows from investing activities    
Net cash used in investing activities
Cash flows from financing activities    
Net cash provided by financing activities
Effect of changes of foreign exchange rates on cash 1,635,240 607,512
Net increase in cash 2,154,741 2,647,240
Cash, beginning of period 118,363,448 103,760,324
Cash, end of period 120,518,189 106,407,564
Supplemental disclosures of cash flow information    
Income tax paid
Lease liabilities arising from obtaining right-of-use assets $ 1,640 $ 47,251