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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 162,285 $ 369,137
Accounts receivable, net 126,800 46,998
Advance to suppliers 132,678 93,740
Inventories 2,444,874 2,213,311
Prepaid expenses 257,083 984,934
Other receivables 41,265
Total Current Assets 3,123,720 3,749,385
Noncurrent Assets    
Plant, property and equipment, net 270,233 287,673
Operating lease right-of-use assets, net 1,368,106 1,904,349
Intangible assets, net 4,450 8,473
Lease deposit 73,029 69,992
Goodwill 218,606 218,606
Total Noncurrent Assets 1,934,424 2,489,093
Total Assets 5,058,144 6,238,478
Current Liabilities    
Accounts payable 460,682 430,045
Operating lease liability, current 664,633 701,985
Advance from customers 518,322 306,532
Loan from shareholder 376,602
Accrued liabilities and other payables 1,149,435 1,100,661
Income tax payable 1,232,499 1,150,105
Total Current Liabilities 4,402,173 3,689,328
Noncurrent Liabilities    
Other Loan 144,958 147,428
Operating lease liability, non-current 763,810 1,262,256
Income tax payable 643,112 643,112
Total Noncurrent Liabilities 1,551,880 2,052,796
Total Liabilities 5,954,053 5,742,124
Contingencies and Commitments
Stockholders’ (Deficit) Equity    
Common stock, $0.001 par value; 250,000,000 shares authorized, 3,765,777 and 1,917,706 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 3,766 1,918
Additional paid-in capital 47,647,023 44,402,821
Accumulated other comprehensive income 375,421 521,425
Accumulated deficits (48,922,119) (44,429,810)
Total Stockholders’ (Deficit) Equity (895,909) 496,354
Total Liabilities and Stockholders’ (Deficit) Equity $ 5,058,144 $ 6,238,478