XML 26 R5.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenues $ 2,904,950 $ 4,563,731 $ 6,428,608
Cost of revenues (1,899,065) (2,642,491) (2,891,565)
Gross profit 1,005,885 1,921,240 3,537,043
Operating expenses:      
General and administrative 2,751,313 1,819,531 1,472,648
Selling 1,716 648 437,185
Total operating expenses 2,753,029 1,820,179 1,909,833
Operating (loss) income (1,747,144) 101,061 1,627,210
Other income (expense)      
Government subsidies 569,928 9,838
Net investment gain (loss) 336,241 330,552 (19,363)
Interest income 921,228 911,875 545,555
Interest expense (313,937) (313,861) (285,353)
Deregistration cost (104,127)
Other income (expense), net 50,796 (5,029) (8,924)
Total other income, net 890,201 1,493,465 241,753
(Loss) income before provision for income taxes (856,943) 1,594,526 1,868,963
Income tax expense 39,747 546,885 453,218
Net (loss) income (896,690) 1,047,641 1,415,745
Comprehensive (loss) income      
Net (loss) income (896,690) 1,047,641 1,415,745
Foreign currency translation loss (365,976) (330,116) (1,015,447)
Comprehensive (loss) income $ (1,262,666) $ 717,525 $ 400,298
(Loss) earnings per ordinary share      
– Basic (in Dollars per share) $ (0.04) $ 0.08 $ 0.13
– Diluted (in Dollars per share) $ (0.04) $ 0.08 $ 0.13
Weighted average number of ordinary shares outstanding      
Weighted average number of ordinary shares outstanding, basic (in Shares) 20,603,614 13,257,469 10,987,679
Weighted average number of ordinary shares outstanding, diluted (in Shares) 20,603,614 13,257,469 10,987,679