v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (646,296) $ (1,570,483)
Add: net loss from discontinued operations 366,921 909,907
Net loss from continuing operations (279,375) (660,576)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:    
Depreciation 160,952 153,835
Amortization 34,214 65,967
Amortization of operating lease right-of-use assets 7,166
Allowance for doubtful accounts 78,728 32,504
Loss on disposal of plant and equipment 325
Changes in operating assets and liabilities, net of effects of acquisitions and disposals:    
Accounts receivables (181,667) 1,340
Inventories 143,200 5,884
Advances to suppliers (12,010) (447)
Other receivables (1,487,542) (380)
Accounts payable 1,347,238 83,292
Advance from customer (4,505) 59,806
Other payables and accrued liabilities (149,228) (23,806)
Taxes payable 375,280 20,722
Operating lease liabilities (8,696)
Net cash provided by (used in) operating activities from continuing operations 24,080 (261,859)
Net cash used in operating activities from discontinued operations (501,649) (1,764,806)
Net cash used in operating activities (477,569) (2,026,665)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of plant and equipment (12,689)
Cash received from disposal of plant and equipment 437
Net cash used in investing activities from continuing operations (12,252)
Net cash provided by (used in) investing activities from discontinued operations 323 (2,463)
Net cash used in investing activities (11,929) (2,463)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from bank loans 6,388 342
Repayment of bank loans (145,722)
Proceeds from related parties 449,134 227,022
Net cash provided by financing activities from continuing operations 309,800 227,364
Net cash provided by financing activities from discontinued operations 501,326 2,274,849
Net cash provided by financing activities 811,126 2,502,213
Net increase in cash 321,628 473,085
Effect of changes of foreign exchange rates on cash (3,580) (506,656)
Cash at beginning of period 15,751 48,415
Cash at end of period 333,799 14,844
SUPPLEMENTARY OF CASH FLOW INFORMATION    
Interest received 342 2
Interest paid $ 736 $ 4,264