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Consolidated Balance Sheet - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 10,592,572 $ 4,968,064
Accounts receivable, net 125,991 216,707
Inventory, net 7,041,864 4,361,889
Prepaid expenses and other current assets 965,298 201,022
Total current assets 18,725,725 9,747,682
Fixed Assets 15,667
Deferred Tax Assets 45,488
Right-of-use lease assets 30,111 99,452
TOTAL ASSETS 18,816,991 9,847,134
Current liabilities    
Accounts payable 9,539,258 3,204,256
Accrued expenses and other current liabilities 1,282,161 1,342,008
Current portion of long-term loans 20,958
Due to related parties 5,214,794 1,041,353
Income Taxes Payable 126,333
Current operating lease liabilities 57,525
Total current liabilities 16,162,546 5,666,100
Long-term loans 6,054
Total liabilities 16,162,546 5,672,154
Stockholders’ equity    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding
Common stock: $0.0001 par value, 300,000,000 shares authorized, 33,300,000 shares issued and outstanding 3,330 3,330
Additional paid-in capital 4,291 1,491
Retained earnings 2,654,695 4,173,340
Accumulated other comprehensive loss (7,871) (3,181)
Total stockholders’ equity 2,654,445 4,174,980
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 18,816,991 $ 9,847,134