UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026		Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 4,331,715		$ 4,483,906
Restricted cash, current	70,200		154,422
Accounts receivable, net	1,492,819		1,281,238
Inventories, net	18,438,696		21,935,893
Prepayment and other current assets	17,259,547		15,013,263
Amounts due from related parties, current	12,618		37,705
Assets held for sale, current	0		2,726,690
Total current assets	41,605,595		45,633,117
Non-current assets:
Long-term investments	3,919,420		3,853,261
Property, plant and equipment, net	15,144,215		15,916,725
Intangible assets, net	5,368,765		6,143,776
Right-of-use assets	1,592,449		1,855,267
Other non-current assets, net	787,732		1,027,144
Total non-current assets	26,812,581		28,796,173
Total Assets	68,418,176		74,429,290
Current liabilities:
Accounts payable	4,660,312		5,532,563
Short-term loans and current portion of long-term loans	2,948		1,259,813
Accrued expenses and other current liabilities	10,623,412		8,348,095
Contract liabilities	5,679,876		3,021,544
Operating lease liabilities, current	890,338		1,434,441
Convertible promissory notes	2,623,377		3,955,897
Deferred government grant, current	113,761		110,378
Amounts due to a related party	569,062		889,675
Liabilities held for sale, current	0		2,103,088
Total current liabilities	25,163,086		26,655,494
Non-current liabilities:
Long-term loans	3,537,162		1,214,054
Deferred tax liabilities	4,159		142,312
Deferred government grant, non-current	1,734,861		1,738,449
Derivative liability - placement agent warrant	3,456,285		3,457,055
Operating lease liabilities, non-current	543,331		841,449
Total non-current liabilities	9,275,798		7,393,319
Total Liabilities	34,438,884		34,048,813
Commitments and contingencies
EQUITY
Common stock ($0.0001 par value; 3,000,000,000 shares authorized; 2,465,452 and 1,465,214 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively) *	247	[1]	147
Additional paid in capital	442,335,208		437,740,047
Accumulated deficit	(406,348,978)		(391,872,087)
Accumulated other comprehensive loss	(2,046,269)		(5,585,439)
Total equity attributable to shareholders	33,940,208		40,282,668
Non-controlling interests	39,084		97,809
Total Equity	33,979,292		40,380,477
Total Liabilities and Equity	$ 68,418,176		$ 74,429,290

[1] On April 13, 2026, the Company effected a 1-for-60 reverse stock split of its issued and outstanding common stock (the “Reverse Stock Split”). As a result of the Reverse Stock Split, every sixty (60) shares of the Company’s common stock were automatically combined into one (1) share of common stock, with any fractional shares rounded up to the nearest whole share.