v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
Total shareholder's equity
Preferred shares
Ordinary shares
Additional paid-in capital
 [1]
Statutory reserve
Retained earnings / (accumulated deficit)
Accumulated other comprehensive (loss)/income
Non-controlling interests
Total
Balance at beginning at Dec. 31, 2022 $ 25,932,857   $ 2,059 [1] $ 18,850,677 $ 4,395,319 $ 3,961,236 $ (1,276,434) $ (155,594) $ 25,777,263
Balance at beginning (in shares) at Dec. 31, 2022 [1]     20,588,236            
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 10,545,978         10,545,978   112,205 10,658,183
Appropriation of statutory reserve         113,047 (113,047)     100,000
Foreign currency translation adjustments (728,688)           (728,688)   (728,688)
Balance at ending at Dec. 31, 2023 35,750,147   $ 2,059 [1] 18,850,677 4,508,366 14,394,167 (2,005,122) (43,389) 35,706,758
Balance at ending (in shares) at Dec. 31, 2023 [1]     20,588,236            
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 12,453,369         12,453,369   144,729 12,598,098
PIPE financing 2,900,000 $ 29   2,899,971         2,900,000
PIPE financing (in shares)   290,000              
Capitalization of PIPE financing costs (2,900,000)     (2,900,000)         (2,900,000)
Reverse Recapitalization transaction (in shares) [1]     4,966,860            
Reverse Recapitalization transaction (7,408,439)   $ 497 [1] (7,408,936)         (7,408,439)
Appropriation of statutory reserve         82,785 (82,785)     80,000.00
Foreign currency translation adjustments (1,135,939)           (1,135,939)   (1,135,939)
Balance at ending at Dec. 31, 2024 39,659,138 $ 29 $ 2,556 [1] 11,441,712 4,591,151 26,764,751 (3,141,061) 101,340 39,760,478
Balance at ending (in shares) at Dec. 31, 2024   290,000 25,555,096 [1]            
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) (27,278,005)         (27,278,005)   (263,119) (27,541,124)
Stock-based compensation to individuals 13,277,119   $ 456 [1] 13,276,663         13,277,119
Stock-based compensation to individuals (in shares) [1]     4,563,745            
Stock-based payment to third-party companies 4,193,962   $ 63 [1] 4,193,899         4,193,962
Stock-based payment to third-party companies (in shares) [1]     633,529            
Accrual of PIPE dividend (253,750)     (253,750)         (253,750)
Appropriation of statutory reserve         2,161 (2,161)     2,161
Foreign currency translation adjustments 1,769,167           1,769,167 17,690 1,786,857
Balance at ending at Dec. 31, 2025 $ 31,367,631 $ 29 $ 3,075 [1] $ 28,658,524 $ 4,593,312 $ (515,415) $ (1,371,894) $ (144,089) $ 31,223,542
Balance at ending (in shares) at Dec. 31, 2025   290,000 30,752,370 [1]            
[1] Shares related information and additional paid-in capital for all periods retrospectively reflect the adjustments for Reverse Recapitalization (Note 3).