v3.26.3
Unaudited Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
Class A
Common Stock
Additional paid-in capital
Accumulated deficit (Retained Earnings)
Statutory reserves
Accumulated Other Comprehensive Loss
Non- controlling Interests
Treasury shares
Total
Balance at Dec. 31, 2024 $ 47,251 [1] $ 139,712,207 $ 72,517,990 $ 13,229,313 $ (17,491,069) $ 4,366,430 $ (1,253,012) $ 211,129,110
Balance (in Shares) at Dec. 31, 2024 [1] 236,255              
Balance (in Shares) at Dec. 31, 2024             (186,738)  
Net income(loss) [1] (69,993,792) 3,277 (69,990,515)
Statutory reserves [1] (359,601) 359,601
Treasury shares [1] $ 524,733 524,733
Treasury shares (in Shares)              
Shares issued for shares-based compensation $ 2,600 [1] 1,555,600 1,558,200
Shares issued for shares-based compensation (in Shares) [1] 13,000              
Foreign currency adjustment [1] 4,045,874 41 4,045,915
Balance at Jun. 30, 2025 $ 49,851 [1] 141,267,807 2,164,597 13,588,914 (13,445,195) 4,369,748 $ (728,279) 147,267,443
Balance (in Shares) at Jun. 30, 2025 [1] 249,255              
Balance (in Shares) at Jun. 30, 2025             (186,738)  
Balance at Dec. 31, 2025 $ 49,851 [1] 141,267,807 (135,161,786) $ (1,469,517) 4,686,355
Balance (in Shares) at Dec. 31, 2025 [1] 249,255              
Balance (in Shares) at Dec. 31, 2025             (186,738)  
Net income(loss) [1] 599,039 599,039
Share-based compensation [1] 190,472 190,472
Reissuance of treasury shares for share-based compensations [1] (190,472) (1,279,045) $ 1,469,517
Reissuance of treasury shares for share-based compensations (in Shares)             186,738  
Shares issued for adjustments to reverse stock split $ 16 [1] (16)
Shares issued for adjustments to reverse stock split (in Shares) [1] 82              
Adjustment Due to Change in Par Value $ (49,842) [1] 49,842
Issuance of Class A common shares in private placement $ 300 [1] 23,999,700 24,000,000
Issuance of Class A common shares in private placement 9in Shares) [1] 3,000,000              
Balance at Jun. 30, 2026 $ 325 [1] $ 165,317,333 $ (135,841,792) $ 29,475,866
Balance (in Shares) at Jun. 30, 2026 [1] 3,249,337              
Balance (in Shares) at Jun. 30, 2026              
[1] The financial statements give retroactive effect to the 1-for-20 reverse share split effected on April 27, 2026.