| Schedule of Property and Equipment, Net |
Property and equipment, net
consisted of the following:
| |
|
March 31,
2026 |
|
|
December 31,
2025 |
|
| Construction in progress |
|
$ |
7,197,431 |
|
|
$ |
8,386,394 |
|
| Machinery |
|
|
176,170,583 |
|
|
|
172,767,448 |
|
| Building |
|
|
85,250,223 |
|
|
|
83,343,942 |
|
| Leasehold improvement |
|
|
6,060,439 |
|
|
|
6,060,439 |
|
| Office equipment |
|
|
4,955,074 |
|
|
|
4,121,355 |
|
| Vehicle |
|
|
597,148 |
|
|
|
401,024 |
|
| Total property and equipment |
|
|
280,230,898 |
|
|
|
275,080,602 |
|
| Less: accumulated depreciation |
|
|
(66,851,646 |
) |
|
|
(54,432,453 |
) |
| Total property and equipment, net |
|
$ |
213,379,252 |
|
|
$ |
220,648,149 |
|
|