Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Tax

The Company’s income before income tax consists of:

	For the year ended December 31,
	2022			2021		2020
Non-PRC	$	48,500		$	94,372	$	5,866
PRC		(23,262	)		17,468,669		210,751
Total	$	25,238		$	17,563,041	$	216,617

Schedule of Company's Income Taxes

The Company’s income taxes consists of:

	For the year ended December 31,
	2022			2021			2020
Current income tax expense	$	(20,117	)	$	(2,839,034	)	$	(42,665	)
Deferred tax recovery (expense)		83,010			(265,096	)		11,227
Total income tax recovery (expense)	$	62,893		$	(3,104,130	)	$	(31,438	)

Schedule of Income Before Income Taxes

The following is a reconciliation of the Company’s total income tax expenses to the amount computed by applying the PRC statutory income tax rate of 25% to its income before income taxes for the years ended December 31, 2022, 2021 and 2020:

	For the year ended December 31,
	2022			2021			2020
Income before income taxes	$	25,238		$	17,563,041		$	216,617
Income tax expense at the PRC statutory rate		(6,310	)		(4,390,760	)		(54,154	)
International tax rate differential		(1,665	)		5,303			(419	)
Super deduction for research and development expenses		84,008			159,235			7,229
Non-deductible expenses		(55,748	)		(227,821	)		(2,225	)
Effect of preferential tax rate		(4,213	)		1,774,595			19,224
Change in valuation allowance		(12,707	)		(4,135	)		2,656
Effect of PRC withholding tax		59,006			(426,737	)		(2,747	)
Other adjustments		522			6,190			(1,002	)
Income tax recovery (expense)	$	62,893		$	(3,104,130	)	$	(31,438	)

Schedule Company's Deferred Tax Assets

The tax effects of temporary differences that give rise to the Company’s deferred tax assets are as follows:

	December 31,
	2022			2021
Inventories		16,573			6,794
Accrued expenses		64,283			56,309
Deferred government grants		2,935			2,589
Fixed assets		(12,673	)		(13,661	)
Tax losses carried forward		16,961			4,254
Less: valuation allowance		(16,961	)		(4,254	)
Deferred tax assets	$	71,118		$	52,031

Schedule of Changes in Unrecognized Tax Benefits

The changes in unrecognized tax benefits are as follows:

	For the year ended December 31,
	2022			2021			2020
Balance on January 1		275			561			904
Additions for tax positions of the current year		—			—			—
Additions for tax positions of the prior years		—			—			—
Settlement with the taxing authority		—			—			—
Lapse of statute of limitations		(194	)		(286	)		(343	)
Balance on December 31	$	81		$	275		$	561