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Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 2,922,080 $ 2,484,153
Accounts receivable, net 537,517 747,650
Inventory, net 11,618,489 14,276,555
Prepaid expenses and other current assets 428,882 504,973
Total current assets 15,506,968 18,013,331
Property and equipment, net 125,451 148,788
Deferred tax assets 953,088 1,304,215
Operating lease right-of-use lease assets 159,983 83,946
Total non-current assets 1,238,522 1,536,949
TOTAL ASSETS 16,745,490 19,550,280
Current liabilities    
Accounts payable 3,420,221 3,812,954
Credit cards payable 1,861,435 4,404,445
Short-term loan 625,978 652,422
Operating lease liabilities-current 144,288 82,269
Income taxes payable 82,374
Accrued expenses and other current liabilities 878,603 1,972,512
Total current liabilities 7,012,899 10,924,602
Non-current liabilities    
Operating lease liabilities-non-current 23,995 2,363
Total non-current liabilities 4,194,413 4,172,781
Total liabilities 11,207,312 15,097,383
Commitments and contingencies  
Stockholders’ equity    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding as of March 31, 2024 and December 31, 2023
Common stock: $0.0001 par value, 300,000,000 shares authorized, 35,108,804 and 35,082,464 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 3,510 3,508
Additional paid-in capital 5,763,648 5,727,650
Accumulated deficit (186,808) (1,252,622)
Accumulated other comprehensive loss (42,172) (25,639)
Total stockholders’ equity 5,538,178 4,452,897
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 16,745,490 19,550,280
Related Party [Member]    
Non-current liabilities    
Due to related parties $ 4,170,418 $ 4,170,418