v3.26.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
REVENUES, NET      
Total revenues $ 46,416,132 $ 64,997,741 $ 45,050,405
COSTS OF REVENUES      
Total cost of revenues 52,263,616 70,795,321 57,453,656
GROSS LOSS (5,847,484) (5,797,580) (12,403,251)
OPERATING EXPENSES      
Selling expenses 895,099 899,760 742,167
General and administrative expenses 7,329,317 7,391,664 13,040,038
Research and development expenses 1,955,588 2,507,324 1,193,082
Impairment of intangible assets 3,151,467
Total operating expenses 10,180,004 10,798,748 18,126,754
LOSS FROM OPERATIONS (16,027,488) (16,596,328) (30,530,005)
OTHER (EXPENSES) INCOME      
Investment income (losses) 146,361 198,176 (1,170,974)
Interest expense, net (4,566,816) (2,018,680) (2,162,109)
Share subscription discount expenses (6,534,936)
Other income, net 323,111 441,231 942,138
Total other expenses, net (10,632,280) (1,379,273) (2,390,945)
LOSS BEFORE INCOME TAXES (26,659,768) (17,975,601) (32,920,950)
Income taxes (benefit) provision (387) 5,563 (226)
NET LOSS (26,659,381) (17,981,164) (32,920,724)
Less: net loss attributable to non-controlling interests (10,023,801) (6,204,728) (8,688,144)
NET LOSS ATTRIBUTABLE TO E-POWER INC. ORDINARY SHAREHOLDERS (16,635,580) (11,776,436) (24,232,580)
OTHER COMPREHENSIVE LOSS      
Foreign currency translation adjustment 656,394 (962,919) (1,165,807)
TOTAL COMPREHENSIVE LOSS (26,002,987) (18,944,083) (34,086,531)
Less: comprehensive loss attributable to non-controlling interests (9,562,787) (6,579,590) (9,220,222)
COMPREHENSIVE LOSS ATTRIBUTABLE TO ORIDNARY SHAREHOLDERS OF E-POWER INC. $ (16,440,200) $ (12,364,493) $ (24,866,309)
LOSS PER SHARE      
Basic - Class A and Class B ordinary shares (in Dollars per share) $ (0.57) $ (0.48) $ (1.08)
Diluted - Class A and Class B ordinary shares (in Dollars per share) $ (0.57) $ (0.48) $ (1.08)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING      
Basic - Class A and Class B ordinary shares (in Shares) 29,043,280 26,404,589 25,622,195
Diluted - Class A and Class B ordinary shares (in Shares) 29,043,280 26,404,589 25,622,195
Products      
REVENUES, NET      
Total revenues $ 46,342,154 $ 64,365,362 $ 44,384,004
COSTS OF REVENUES      
Total cost of revenues 52,252,338 70,782,649 57,172,626
Services      
REVENUES, NET      
Total revenues 73,978 632,379 666,401
COSTS OF REVENUES      
Total cost of revenues $ 11,278 $ 12,672 $ 281,030