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Unaudited Condensed Consolidated Statements of Changes in Equity - USD ($)
Ordinary shares
Additional paid-in Capital
Statutory reserves
Retained earnings (accumulated deficit)
Accumulated other comprehensive income (loss)
Total equity attributable to ordinary shareholders
Non- controlling interests
Total
Balance at Dec. 31, 2021 $ 2,453 $ 31,966,816 $ 2,473,801 $ 17,259,976 $ 2,148,906 $ 53,851,952 $ 3,122,250 $ 56,974,202
Balance (in Shares) at Dec. 31, 2021 24,528,000              
Capital contributions from non-controlling interests 12,405,511 12,405,511
Accretion on redeemable non-controlling interests   (853,662) (853,662)   (853,662)
Net loss (7,588,322) (7,588,322) 221,835 (7,366,487)
Statutory reserves 34,834 (34,834)
Foreign currency translation adjustment (1,970,628) (1,970,628) (444,854) (2,415,482)
Balance at Jun. 30, 2022 $ 2,453 31,966,816 2,508,635 8,783,158 178,278 43,439,340 15,304,742 58,744,082
Balance (in Shares) at Jun. 30, 2022 24,528,000              
Balance at Dec. 31, 2022 $ 2,536 33,789,702 2,477,940 (6,234,447) (1,355,358) 28,680,373 13,452,895 42,133,268
Balance (in Shares) at Dec. 31, 2022 25,361,550              
Capital contributions from non-controlling interests 148,078 148,078
Accretion on redeemable non-controlling interests (663,733) (663,733)   (663,733)
Net loss (4,709,149) (4,709,149) (1,118,160) (5,827,309)
Share-based compensation 1,348,581 1,348,581 1,348,581
Foreign currency translation adjustment (1,452,300) (1,452,300) (991,634) (2,443,934)
Balance at Jun. 30, 2023 $ 2,536 $ 34,474,550 $ 2,477,940 $ (10,943,596) $ (2,807,658) $ 23,203,772 $ 11,491,179 $ 34,694,951
Balance (in Shares) at Jun. 30, 2023 25,361,550