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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 7,641,276 $ 8,744,784
Accounts receivable, net 172,346 514,939
Advance to suppliers 351,088 381,894
Inventories 32,940,465 32,814,520
Prepaid expenses and other receivables 219,361 349,746
Tax receivable 479,413 489,020
Total Current Assets 41,803,949 43,294,903
Noncurrent Assets    
Plant, property and equipment, net 426,247 453,518
Operating lease right-of-use assets, net 2,120,657 2,319,742
Lease deposit 72,863 73,801
Goodwill 218,606 218,606
Deferred tax asset 117,952 117,952
Total Noncurrent Assets 2,956,325 3,183,619
Total Assets 44,760,274 46,478,522
Current Liabilities    
Accounts payable 490,623 743,785
Operating lease liability, current 663,257 688,082
Advance from customers 34,218 266,243
Accrued liabilities and other payables 260,780 327,173
Total Current Liabilities 1,448,878 2,025,283
Noncurrent Liabilities    
Other Loan 150,000 150,000
Operating lease liability, non-current 1,583,733 1,746,070
Income tax payable 1,628,702 1,628,694
Total Noncurrent Liabilities 3,362,435 3,524,764
Total Liabilities 4,811,313 5,550,047
Contingencies and Commitments
Stockholders' Equity    
Common stock, $0.001 par value; 15,000,000 shares authorized, 5,602,734 and 5,596,234 shares issued and outstanding; as of March 31, 2021 and December 31, 2020, respectively 5,602 5,596
Additional paid-in capital 39,779,842 39,766,978
Statutory reserves 0 6,241
Accumulated other comprehensive income 569,443 798,290
(Accumulated deficits) Retained earnings (405,926) 351,370
Total Stockholders' Equity 39,948,961 40,928,475
Total Liabilities and Stockholders' Equity $ 44,760,274 $ 46,478,522