v3.26.3
Property, Plant and Equipment, Net
 9 Months Ended
Sep. 30, 2026
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 8 – PROPERTY, PLANT AND EQUIPMENT, NET

 

(a) As of September 30, 2026 and December 31, 2025, property, plant and equipment consisted of the following:

 

    As of  
    September 30,
2026		     December 31,
2025		  
Buildings   $ 12,119,873     $ 11,619,695  
Machinery     26,036,011       23,471,775  
Motor vehicles     256,419       342,931  
Electronic equipment     304,733       289,246  
Total property plant and equipment, at cost     38,717,036       35,723,647  
                 
Less: accumulated depreciation     (26,226,831 )     (23,834,500 )
Property, plant and equipment, net   $ 12,490,205     $ 11,889,147  

   

For the nine months ended September 30, 2026 and 2025, depreciation expense amounted to $1.48 million and $1.44 million, respectively, of which $1.01 million and $0.83 million, respectively, was included in cost of revenue and inventories, and the remainder was included in general and administrative expense, respectively.