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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 1,194,239 $ 2,484,153
Accounts receivable, net 548,224 747,650
Inventory, net 29,081,306 14,276,555
Prepaid expenses and other current assets 759,391 504,973
Total current assets 31,583,160 18,013,331
Property and equipment, net 80,081 148,788
Deferred tax 567,347 1,304,215
Operating lease right-of-use lease assets 173,786 83,946
Total non-current assets 821,214 1,536,949
TOTAL ASSETS 32,404,374 19,550,280
Current liabilities    
Accounts payable 15,453,334 3,812,954
Credit cards payable 4,229,677 4,404,445
Short-term loan 632,911 652,422
Operating lease liabilities-current 178,746 82,269
Accrued expenses and other current liabilities 1,050,363 1,972,512
Total current liabilities 21,545,031 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 25,715,449 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 September 30, 2024 and December 31, 2023
Common stock: $0.0001 par value, 300,000,000 shares authorized, 35,132,480 and 35,082,464 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 3,513 3,508
Additional paid-in capital 5,787,687 5,727,650
Retained earnings (accumulated deficit) 931,989 (1,252,622)
Accumulated other comprehensive loss (34,264) (25,639)
Total stockholders’ equity 6,688,925 4,452,897
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 32,404,374 19,550,280
Related Party [Member]    
Non-current liabilities    
Due to related parties $ 4,170,418 $ 4,170,418