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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
REVENUE, NET    
Total revenues $ 20,708,491 $ 10,265,136
COSTS OF REVENUES    
Total cost of revenues 20,089,164 9,232,148
GROSS PROFIT 619,327 1,032,988
OPERATING EXPENSES    
Selling expenses 710,782 593,460
General and administrative expenses 4,584,226 5,473,533
Research and development expenses 752,377 102,837
Total operating expenses 6,047,385 6,169,830
LOSS FROM OPERATIONS (5,428,058) (5,136,842)
OTHER (EXPENSES) INCOME    
Investment losses (53,486) (1,342,490)
Interest (expense) income (527,083) 38,640
Other income, net 181,477 80,462
Total other expenses (399,092) (1,223,388)
LOSS BEFORE INCOME TAXES (5,827,150) (6,360,230)
Income taxes provision 159 1,006,257
NET LOSS (5,827,309) (7,366,487)
Less: net (loss) profit attributable to non-controlling interests (1,118,160) 221,835
NET LOSS ATTRIBUTABLE TO SUNRISE NEW ENERGY CO., LTD. ORDINARY SHAREHOLDERS (4,709,149) (7,588,322)
OTHER COMPREHENSIVE LOSS    
Foreign currency translation adjustment (2,443,934) (2,415,482)
TOTAL COMPREHENSIVE LOSS (8,271,243) (9,781,969)
comprehensive loss attributable to redeemable non-controlling interest (2,109,794) (223,019)
COMPREHENSIVE LOSS ATTRIBUTABLE TO ORIDNARY SHAREHOLDERS OF SUNRISE NEW ENERGY CO., LTD. $ (6,161,449) $ (9,558,950)
LOSS PER SHARE    
Basic (in Dollars per share) $ (0.21) $ (0.34)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING    
Basic (in Shares) 25,361,550 24,528,000
Product    
REVENUE, NET    
Total revenues $ 20,468,968 $ 9,945,459
COSTS OF REVENUES    
Total cost of revenues 19,504,158 8,615,734
Services    
REVENUE, NET    
Total revenues 239,523 319,677
COSTS OF REVENUES    
Total cost of revenues $ 585,006 $ 616,414