v3.26.3
Accounts Receivable, Net
 6 Months Ended
Jun. 30, 2026
Accounts Receivable, Net [Abstract]  
Accounts receivable, net

Note 5. Accounts receivable, net

 

Accounts receivable, net, consisted of the following:

 

    As of
June 30,
2026		     As of
December 31,
2025		  
Accounts receivable-third parties   $ 8,873,138     $ 5,907,935  
Accounts receivable-related parties     2,332       11,753  
Less: allowance for credit losses     (33,250 )     (12,750 )
Accounts receivable, net   $ 8,842,220     $ 5,906,938  

 

For the six months ended June 30, 2026 and year ended December 31, 2025, the Company recorded allowance for credit losses of third parties for $33,250 and $12,750, respectively.

 

Subsequent to June 30, 2026, the Company collected $1,719,225 of accounts receivable as of the date of issuance of the unaudited consolidated financial statements.

 

Changes of allowance for credit losses are as follows:

 

    For the
six months
ended
June 30,
2026		     For the
fiscal year
ended
December 31,
2025		  
Beginning balance   $ 12,750     $ 2,861  
Additional reserve through credit loss expense     20,500       9,889  
Ending balance   $ 33,250     $ 12,750