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Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 3,346,897 $ 2,484,153
Accounts receivable, net 753,244 747,650
Inventory, net 14,658,081 14,276,555
Prepaid expenses and other current assets 467,770 504,973
Total current assets 19,225,992 18,013,331
Property and equipment, net 104,521 148,788
Deferred tax assets 732,919 1,304,215
Operating lease right-of-use lease assets 153,404 83,946
Total non-current assets 990,844 1,536,949
TOTAL ASSETS 20,216,836 19,550,280
Current liabilities    
Accounts payable 5,688,328 3,812,954
Credit cards payable 2,283,931 4,404,445
Short-term loan 617,284 652,422
Operating lease liabilities-current 159,915 82,269
Income taxes payable 33,700
Accrued expenses and other current liabilities 1,083,990 1,972,512
Total current liabilities 9,867,148 10,924,602
Non-current liabilities    
Operating lease liabilities-non-current 2,363
Total non-current liabilities 4,170,418 4,172,781
Total liabilities 14,037,566 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 June 30, 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 June 30, 2024 and December 31, 2023, respectively 3,510 3,508
Additional paid-in capital 5,763,648 5,727,650
Retained earnings (accumulated deficit) 462,342 (1,252,622)
Accumulated other comprehensive loss (50,230) (25,639)
Total stockholders’ equity 6,179,270 4,452,897
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 20,216,836 19,550,280
Related Party [Member]    
Non-current liabilities    
Due to related parties $ 4,170,418 $ 4,170,418