Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting

Schedule of operations of company's operating segments

	Three Months Ended June 30, 2024									Six Months Ended June 30, 2024
	US			PRC			Total			US			PRC			Total
Revenue from external customers
Solar energy systems	$	3,130,988		$	-		$	3,130,988		$	7,775,434		$	-		$	7,775,434
Finance revenue		92,986			-			92,986			194,604			-			194,604
LED and other		1,230,327			-			1,230,327			2,248,337			-			2,248,337
Total		4,454,301			-			4,454,301			10,218,375			-			10,218,375
Cost of revenue
Solar energy systems		2,548,312			-			2,548,312			8,083,193			-			8,083,193
Other		1,317,906			-			1,317,906			2,011,506			-			2,011,506
Total		3,866,218			-			3,866,218			10,094,699			-			10,094,699
Depreciation and amortization expense		23,410			-			23,410			47,182			299			47,481
Interest (expense) income, net		(244,415	)		860			(243,555	)		(625,881	)		13,755			(612,126	)
Equity in income of solar farm projects		-			238,819			238,819			-			298,982			298,982
Provision for income taxes		-			(114,884	)		(114,884	)		6,000			(116,083	)		(110,083	)
Net income (loss)		(2,343,536	)		179,312			(2,164,224	)		(21,437,913	)		1,902			(21,436,011	)

	Three Months Ended June 30, 2023									Six Months Ended June 30, 2023
	US			PRC			Total			US			PRC		Total
Revenue from external customers
Solar energy systems	$	13,978,644		$	-		$	13,978,644		$	26,028,959		$	-	$	26,028,959
Finance revenue		140,001			-			140,001			291,420			-		291,420
LED and other		634,817			-			634,817			1,301,561			-		1,301,561
Total		14,753,462			-			14,753,462			27,621,940			-		27,621,940
Cost of revenue
Solar energy systems		12,087,272			-			12,087,272			22,460,913			-		22,460,913
Other		585,635			-			585,635			1,008,135			-		1,008,135
Total		12,672,907			-			12,672,907			23,469,048			-		23,469,048
Depreciation and amortization expense		48,486			147			48,633			99,379			299		99,678
Interest (expense) income, net		(446,780	)		23,965			(422,815	)		(843,437	)		30,162		(813,275	)
Equity in income of solar farm projects		-			367,382			367,382			-			435,284		435,284
Provision for income taxes		-			491,053			491,053			6,000			283,765		289,765
Net income (loss)		(1,679,367	)		(178,928	)		(1,858,295	)		(1,994,291	)		878,811		(1,115,480	)

	June 30, 2024
	US		PRC		Total
Equity investments in solar farm projects	$	-	$	9,733,771	$	9,733,771
Capital expenditures		-		-		-
Long-lived assets		9,151,527		17,243,967		26,395,494
Total reportable assets		24,899,588		26,192,439		51,092,027

	December 31, 2023
	US			PRC		Total
Equity investments in solar farm projects	$	-		$	9,698,308	$	9,698,308
Capital expenditures		(27,999	)		-		(27,999	)
Long-lived assets		11,258,512			17,475,104		28,733,616
Total reportable assets		21,727,209			26,927,992		48,655,201