v3.26.3
SCHEDULE OF CONSOLIDATED STATEMENT OF CASH FLOWS (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income (loss) $ 1,143,193 $ (814,364) $ (2,783,188) $ (5,484,544)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Amortization on capital lease       121,954
Depreciation and amortization     6,795,623 6,450,581
Stock-based compensation expense     196,100
Amortization of operating lease right-of-use assets     447,905 435,102
Amortization of finance lease right-of-use assets 744,710 773,537 1,478,008 1,549,239
Changes in assets and liabilities        
Accounts receivable     (12,017,123) (2,574,907)
Inventories     (231,319) (197,631)
Prepayment and deposits     1,079,563 (2,331,871)
Other receivables     (720) (11,447)
Accounts and other payable and accrued expenses     1,347,036 268,175
Taxes payable     235,556 182,919
Lease liabilities     (777,234) (743,404)
Net cash used in operating activities     (4,241,827) (2,139,734)
CASH FLOWS FROM INVESTING ACTIVITIES        
Net cash provided by investing activities     12,749,154
CASH FLOWS FROM FINANCING ACTIVITIES        
Repayment of finance leases obligation     (272,297) (260,997)
Net cash provided by (used in) financing activities     283,894 (260,997)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS     394,217 61,650
NET DECREASE IN CASH AND CASH EQUIVALENTS     9,185,438 (2,339,081)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD     3,793 10,075,162
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 9,189,231 7,736,081 9,189,231 7,736,081
Cash paid during the year for:        
Paid for taxes     998,245 811,828
Interest paid     $ 200,730 121,954
Previously Reported [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income (loss)   (773,777)   (5,403,277)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Amortization on capital lease       43,396
Depreciation and amortization       7,997,410
Stock-based compensation expense       196,100
Amortization of operating lease right-of-use assets       435,102
Amortization of finance lease right-of-use assets      
Changes in assets and liabilities        
Accounts receivable       (2,574,907)
Inventories       (197,631)
Prepayment and deposits       (2,331,871)
Other receivables       (11,447)
Accounts and other payable and accrued expenses       268,175
Taxes payable       182,919
Lease liabilities       (743,404)
Net cash used in operating activities       (2,139,435)
CASH FLOWS FROM INVESTING ACTIVITIES        
Net cash provided by investing activities      
CASH FLOWS FROM FINANCING ACTIVITIES        
Repayment of finance leases obligation       (260,997)
Net cash provided by (used in) financing activities       (260,997)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS       61,351
NET DECREASE IN CASH AND CASH EQUIVALENTS       (2,339,081)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD       10,075,162
CASH AND CASH EQUIVALENTS - END OF PERIOD   7,736,081   7,736,081
Cash paid during the year for:        
Paid for taxes       811,828
Interest paid       43,396
Revision of Prior Period, Reclassification, Adjustment [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income (loss)   (40,587)   (81,267) [1],[2]
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Amortization on capital lease [3]       78,558
Depreciation and amortization [3]       (1,546,829)
Stock-based compensation expense      
Amortization of operating lease right-of-use assets      
Amortization of finance lease right-of-use assets [3]       1,549,239
Changes in assets and liabilities        
Accounts receivable      
Inventories      
Prepayment and deposits      
Other receivables      
Accounts and other payable and accrued expenses      
Taxes payable      
Lease liabilities      
Net cash used in operating activities       299
CASH FLOWS FROM INVESTING ACTIVITIES        
Net cash provided by investing activities      
CASH FLOWS FROM FINANCING ACTIVITIES        
Repayment of finance leases obligation      
Net cash provided by (used in) financing activities      
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS [4]       299
NET DECREASE IN CASH AND CASH EQUIVALENTS      
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD      
CASH AND CASH EQUIVALENTS - END OF PERIOD    
Cash paid during the year for:        
Paid for taxes      
Interest paid       $ 78,558
[1] Regarding the decrease in retained earnings unappropriated, the main reason was that cost of revenue and general and administrative expenses increased. The increase of expenses was due to the reclassification of finance lease right-of-use asset. Previously, depreciation was calculated after deducting 5% residual value from the fixed assets, but now there is no residual value for amortization of finance lease right-of-use asset calculation.
[2] Regarding the increase in net loss, the main reason was that cost of revenue and general and administrative expenses increased
[3] This restatement is due to the reclassification of buildings without property ownership certificates in fixed assets. The Company reclassified them based on their acquisition methods. The self-built portion was reclassified as “leasehold improvements” in the property, plant and equipment. The leased portion was reclassified as finance lease right-of-use assets.
[4] The change in the accumulated other comprehensive loss represents the foreign currency translation differences in the financial statements.