v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Net income (loss) $ (1,787,077) $ (5,679,082)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation of property and equipment 582,643 515,982
Amortization of intangible assets 24,779 6,213
Amortization of right-of-use assets 128,427 1,031
Gain on short-term investments (4,685)
Share-based compensation expenses 4,408,200
Impairment loss on long-term investments 1,356,618 1,121,382
Provision for impairment of inventory 85,646 55,510
Provision for impairment of contract costs 15,201 11,827
Allowance for credit losses 42,548 (6,650)
Deferred income tax (52,534) (21,916)
Loss on disposal of property and equipment 69,297 24,905
Changes in operating assets and liabilities:    
Accounts receivable (727,322) (705,865)
Other receivables-bank acceptance notes (553,016) (511,554)
Advances to suppliers 75,453 196,125
Other receivables (32,280) 28,631
Inventories (428,455) (39,787)
Contract costs 33,102 (109,388)
Accounts payable 1,538,831 75,993
Advances from customers (412,310) 120,746
Other payables (183,980) 7,696
Payroll payable 279,829 134,421
Taxes payable (76,875) 662,925
Amounts due to related parties 62,193 3,422
Prepayment for lease related deposits (35,000)
Change in operating lease liabilities (105,115) (5,794)
Net cash provided by (used in) operating activities (104,082) 294,973
Cash flows from investing activities    
Purchase of property and equipment (1,006,113) (945,918)
Purchase of intangible asset (37,698)
Proceeds from disposal of property and equipment 47,451 28,083
Purchase of long-term investment (2,478,000)
Prepayment for acquisition related deposits (14,951,955)
Purchase of short-term investments (1,995,134)
Maturities of short-term investments 1,824,679
Net cash used in investing activities (16,081,072) (3,433,533)
Cash flows from financing activities    
Proceeds from short-term loans 2,799,992 1,404,163
Repayment of short-term loans (2,799,992) (280,833)
Proceeds from initial public offering, net 3,293,096
Payments of deferred offering costs (264,950)
Proceeds from third party loans 310,598
Cash receipts from equity issuance, net of issuance cost 15,211,891
Principal payments under finance lease obligations
Net cash provided by (used in) financing activities 15,522,489 4,151,476
Effect of foreign exchange rate change on cash and cash equivalents 34,942 11,563
Net increase (decrease) in cash and cash equivalents (627,723) 1,024,479
Cash and cash equivalents at the beginning of the year 2,080,715 1,056,236
Cash and cash equivalents at the end of the year 1,452,992 2,080,715
Supplemental disclosures of cash flow information:    
Interest paid 38,093 36,769
Income taxes paid 168,048 113,108
Non-cash investing activities:    
Right-of-use assets acquired under operating lease 1,184,423 39,526
Liabilities incurred for purchases of property and equipment 745,665 208,651
Liabilities incurred for purchase of intangible assets $ 36,859