v3.26.1
Advance to Suppliers and Other
12 Months Ended
Dec. 31, 2025
Advance To Suppliers And Other Abstract  
ADVANCE TO SUPPLIERS AND OTHER

NOTE 5 – ADVANCE TO SUPPLIERS AND OTHER

 

Advance to suppliers and other as of December 31, 2025 and 2024 consisted of the following:

 

   2025   2024 
Advance to suppliers  $5,702,675   $8,548,744 
Advance payment for potential factory lease   1,000,000    1,000,000 
Less: allowance for doubtful accounts   (496,754)   (111,004)
Total   6,205,921    9,437,740 

 

As of December 31, 2025 and 2024, an advance payment of $1,000,000 had been made in connection with a potential long-term lease of a customized factory intended to support business expansion in the energy storage industry.