Taxes (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
| Taxes [Abstract] |
|
| Schedule of Income (Loss) Before Provision for Income Taxes |
Income (loss) before provision for income taxes is attributable to the following geographic locations for the six months ended June 30, 2026 and 2025: | | | For the Six Months Ended June 30, | | | | | 2026 | | | 2025 | | | | | (Unaudited) | | | (Unaudited) | | | Cayman Islands | | $ | 1,254,078 | | | $ | (237,780 | ) | | PRC | | | 177,259 | | | | 480,596 | | | United States | | | (560,447 | ) | | | (1,229,177 | ) | | Total income (loss) before income taxes | | $ | 870,890 | | | $ | (986,361 | ) |
|
| Schedule of Components of the Income Tax Provision |
The components of the income tax provision were as follows: | | | For the Six Months Ended June 30, | | | | | 2026 | | | 2025 | | | | | (Unaudited) | | | (Unaudited) | | | Current tax provision | | | | | | | | Cayman Islands | | $ | - | | | $ | - | | | BVI | | | - | | | | - | | | Hong Kong | | | - | | | | - | | | PRC | | | 21,963 | | | | 62,432 | | | United States | | | - | | | | - | | | | | $ | 21,963 | | | $ | 62,432 | | | Deferred tax provision | | | | | | | | | | Cayman Islands | | $ | - | | | $ | - | | | BVI | | | - | | | | - | | | Hong Kong | | | - | | | | - | | | PRC | | | - | | | | - | | | United States | | | - | | | | - | | | | | | - | | | | - | | | Income tax provisions | | $ | 21,963 | | | $ | 62,432 | |
|
| Schedule of Income Tax Provision Computed Based on PRC Statutory Income Tax Rate |
Reconciliation of the differences between the income tax provision computed based on PRC statutory income tax rate and the Company’s actual income tax provision for the six months ended June 30, 2026 and 2025 are as follows: | | | For the Six Months Ended June 30, | | | | | 2026 | | | 2025 | | | | | (Unaudited) | | | (Unaudited) | | | Income tax expense (benefit) computed based on PRC statutory rate | | $ | 217,722 | | | $ | (246,590 | ) | | Favorable tax rate and tax exemption impact in PRC entities (a) | | | (22,351 | ) | | | (57,717 | ) | | Effect of rate differential for non-PRC entities | | | (291,102 | ) | | | 108,612 | | | Change in valuation allowance | | | 117,694 | | | | 258,127 | | | Total income tax provisions | | $ | 21,963 | | | $ | 62,432 | | | (a) | During the six months ended June 30, 2026 and 2025, Xinjiang United Family and its branch offices were subject to 25% income tax rate. For the six months ended June 30, 2026 and 2025, 42 and 14 of these UFG entities paid income tax, respectively. The rest of these UFG entities were exempted from paying income tax. For the six months ended June 30, 2026 and 2025, the tax saving as the result of the favorable tax rates and tax exemption amounted to $22,351 and $57,717, respectively, and per share effect of the favorable tax rate and tax exemption was $0.02 and $15.79, respectively. |
|
| Schedule of Deferred Tax Assets, Net |
The Company’s deferred tax assets, net was comprised of the following: | | | June 30, 2026 | | | December 31, 2025 | | | | | (Unaudited) | | | | | | Net operating loss | | $ | 3,689,839 | | | $ | 3,572,145 | | | Total deferred tax assets | | | 3,689,839 | | | | 3,572,145 | | | Valuation allowance | | | (3,689,839 | ) | | | (3,572,145 | ) | | Total deferred tax assets, net | | $ | - | | | $ | - | |
|
| Schedule of Taxes Payable |
Taxes payable consisted of the following: | | | June 30, 2026 | | | December 31, 2025 | | | | | (Unaudited) | | | | | | Income tax payable | | $ | 8,039 | | | $ | 5,852 | | | Value added tax payable | | | - | | | | 67,360 | | | Other taxes payable | | | 209,532 | | | | 176,088 | | | Total taxes payable | | $ | 217,571 | | | $ | 249,300 | |
|