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Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Class A
Ordinary Shares
Class B
Ordinary Shares
Additional paid-in capital
Statutory reserves
Retained earnings
Accumulated other comprehensive income (loss)
Non- controlling interests
Total
Balance at Dec. 31, 2021 $ 4 $ 4 $ 75,575 $ 3,430 $ 10,032 $ 2,548 $ 4,305 $ 95,898
Balance (in Shares) at Dec. 31, 2021 [1] 38,120,000 41,880,000            
Net income 2,456 (1) 2,455
Foreign currency translation (4,882) 2 (4,880)
Balance at Jun. 30, 2022 $ 4 $ 4 75,575 3,430 12,488 (2,334) 4,306 93,473
Balance (in Shares) at Jun. 30, 2022 [1] 38,120,000 41,880,000            
Balance at Dec. 31, 2022 $ 4 $ 4 75,575 3,974 17,275 (5,609) 3,863 95,086
Balance (in Shares) at Dec. 31, 2022 [1] 38,120,000 41,880,000            
Net proceeds from initial public offering 8,187 8,187
Net proceeds from initial public offering (in Shares) [1] 2,400,000              
Net income 6,444 19 6,463
Capital contribution from non-controlling shareholders 424 424
Foreign currency translation (3,891) (158) (4,049)
Balance at Jun. 30, 2023 $ 4 $ 4 $ 83,762 $ 3,974 $ 23,719 $ (9,500) $ 4,148 $ 106,111
Balance (in Shares) at Jun. 30, 2023 [1] 40,520,000 41,880,000            
[1] Shares and per share data are presented on a retroactive basis to reflect the reorganization described herein.