v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:      
Net loss $ (5,814,867) $ (273,413) $ (11,307,239)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Provision for expected credit losses 873,841 85,644 1,247,907
Depreciation and amortization expenses 290,183 231,111 518,493
Loss from disposal of property and equipment 24,531 863 1,688,078
Impairment of goodwill 5,617,865
Impairment of intangible assets 536,206
Amortization of right-of-use assets 31,484 197,244 405,121
Share-based compensation expenses 3,705,336 109,714 135,547
Deferred tax (benefits) expenses (82,490) 287,651 (739,227)
Changes in fair value of short-term investments (8,078) (108,949) (654,980)
Downward (upward) adjustments in investments in non-marketable securities 7,040 (4,796) (81,036)
Changes in operating assets and liabilities:      
Accounts receivable 1,173,881 (2,316,625) 2,789,772
Prepayments 59,394 1,285,433 (388,706)
Prepayments – related party 112,980
Inventories 595,340 (10,166) (409,771)
Other current assets 47,650 164,354 27,685
Accounts payable (31,528) (132,054) 548,591
Advances from customers (61,004) (620,949) 456,078
Income tax payable (102,326)
Accrued expenses and other liabilities 33,166 (127,754) 81,554
Lease liabilities 1,512 (240,551) (428,363)
Net Cash Provided by (Used in) Operating Activities 845,391 (1,473,243) 54,229
Cash Flows from Investing Activities:      
Purchases of property and equipment (152,561) (3,045,183) (839,736)
Proceeds from disposal of property and equipment 31,634
Loans to third parties (833,226)
Repayment of loans from third parties 277,944 2,390,776
Due from related parties 220,310
Investments in short-term investments (9,379,764) (10,656,730) (6,317,257)
Proceeds from redemption of short-term investments 8,805,726 11,421,047 1,592,844
Investments in non-marketable securities (100,000)
Proceeds from redemption of non-marketable securities 195,169
Net Cash Used in Investing Activities (826,599) (1,807,753) (3,754,655)
Cash Flows from Financing Activities:      
Proceeds from issuance of ordinary shares in connection with direct offering 3,838,200
Net Cash Provided by Financing Activities 3,838,200
Effect of exchange rate changes on cash and cash equivalents 237,977 (264,592) (271,333)
Net decrease in cash and cash equivalents 256,769 292,612 (3,971,759)
Cash and cash equivalents at beginning of year 7,841,306 7,548,694 11,520,453
Cash and cash equivalents at end of year 8,098,075 7,841,306 7,548,694
Supplemental Cash Flow Information      
Cash paid for income tax 126,589 45,944 114,501
Noncash investing activities      
Right-of-use assets obtained in exchange for operating lease obligations 55,765 71,726
Decrease in right of use assets and operating lease obligations due to termination (34,546) (554,265) (579,491)
Addition of property and equipment from deposit and prepayment for properties $ 233,267