XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.4
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Revenues $ 18,928,907 $ 18,186,786 $ 55,044,610 $ 60,978,809
Cost of revenues (15,155,154) (12,889,868) (40,068,834) (43,442,519)
Gross profit 3,773,753 5,296,918 14,975,776 17,536,290
Operating expenses        
Selling and marketing (1,536,703) (2,139,155) (5,768,399) (6,152,821)
General and administrative (3,162,847) (3,534,932) (10,498,297) (10,507,036)
Total operating expenses (4,699,550) (5,674,087) (16,266,696) (16,659,857)
Operating (loss) income (925,797) (377,169) (1,290,920) 876,433
Other income (expense), net        
Interest expenses (1,699) (12,468)
Other income 415,023 367,328 2,094,110 985,421
Total other income, net 415,023 365,629 2,094,110 972,953
(Loss) income before income tax expense (510,774) (11,540) 803,190 1,849,386
Income tax benefit (expense) 68,308 (587) 236,859 (21,526)
Net (loss) income (442,466) (12,127) 1,040,049 1,827,860
Total comprehensive (loss) income $ (442,466) $ (12,127) $ 1,040,049 $ 1,827,860
(Loss) Earnings per share – basic $ (0.03) $ 0.07 $ 0.13
(Loss) Earnings per share – diluted $ (0.03) $ 0.07 $ 0.13
Basic weighted average shares outstanding [1] 14,000,000 14,000,000 14,000,000 14,000,000
Diluted weighted average shares outstanding [1] 14,000,000 14,000,000 14,000,000 14,000,000
[1] Shares and per share data are presented on a retroactive basis to reflect the common stock issuance and share subdivision.