INVENTORIES

12 Months Ended

Dec. 31, 2025

INVENTORIES [Abstract]

INVENTORIES

NOTE 5 - INVENTORIES

Inventories were summarized as follows:

	December 31, 2025			December 31, 2024
Raw material	$	8,128,078		$	10,071,694
Work-in-progress		1,925,771			1,395,282
Goods in transit		39,682			129,821
Finished goods		22,340,107			25,655,019
Inventories, gross		32,433,638			37,251,816
Less: inventory valuation allowance		(9,179,135	)		(8,255,880	)
Total inventories, net		23,254,503			28,995,936
Less: inventories, net, held for discontinued operations		(1,318,610	)		(4,983,432	)
Inventories, net, held for continuing operations	$	21,935,893		$	24,012,504

The changes in inventory valuation allowance were as follows:

	For the Years Ended December 31,
	2025				2024
Balance at the beginning of the year		$	8,255,880			$	3,504,333
Addition			2,554,421				6,462,514
Write-off			(1,850,440	)			(1,626,613	)
Foreign exchange			219,274				(84,354	)
Balance at the end of the year		$	9,179,135			$	8,255,880