v3.26.3
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ 2,361,863 $ (8,687,248)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 1,125,244 1,136,272
Amortization of right of use assets 114,136 60,222
Stock-based compensation 222,942 1,197,263
Loss from disposal equipment 403
Change in fair value of SAFE liabilities 110,000 210,000
Loss from deconsolidation of subsidiaries 393,452 234,454
Gain on remeasurement of retained investment upon deconsolidation (8,332,715)
Gain from long-term investment (419,648)
Change in operating assets and liabilities:    
Inventories 19,733
Prepaid expenses 31,230 (41,196)
Other receivable (74,116) (50,186)
Other current assets 622 (2,336)
Deposits (9,495)
Accounts payable (300,000)
Accrued expenses 2,179,641 1,483,250
Prepayment from customer – related party 36,300
Other payable 2,224,693 939,378
Other payable, related parties 24,209 134,941
Operating lease liability (114,136) (15,594)
Net cash used in operating activities (132,447) (3,673,975)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Disbursement for other receivable-related parties loans (140,347) (88,903)
Proceeds from other receivable-related parties loans 203,284
Cash outflow from disposal of subsidiaries (8,284) (2,738)
Purchase of property and equipment (985)
Net cash (used in) provided by investing activities (149,616) 111,643
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of short-term loan (140,602) (221,991)
Proceeds from short-term loan 347,430 985,004
Proceeds from SAFE notes 1,500,000
Net cash provided by financing activities 206,828 2,263,013
Net Decrease in Cash and Restricted Cash (75,235) (1,299,319)
CASH AND RESTRICTED CASH, beginning of Period 72,579 109,227
Foreign Currency Translation Effect on Cash and Restricted Cash 103,463 1,320,561
CASH AND RESTRICTED CASH, end of Period 100,807 130,469
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash 83,513 115,216
Restricted cash 17,294 15,253
Total 100,807 130,469
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the period for income taxes 2,400 2,400
Cash paid during the period for interest 37,560 459
NON-CASH OPERATING, INVESTING AND FINANCING ACTIVITIES:    
Issuance of common stock 527,783
Cashless exercise of stock options $ 1,177