XML 29 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
Common Stock
Preferred Stock
Additional Paid-in Capital
Statutory Reserves
Retained Earnings
Accumulated Other Comprehensive Income
Total Stockholders’ Equity Attrobitable to The Company [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2019 $ 2,000 $ 75 $ 4,171,235 $ 94,837 $ 66,043 $ 40,456 $ 4,374,646   $ 4,374,646
Balance (in Shares) at Dec. 31, 2019 20,000,000 750,000              
Issuance of Ordinary Shares $ 115 9,999,885 10,000,000 10,000,000
Issuance of Ordinary Shares (in Shares) 1,149,425              
Net income (loss) 3,586,692 3,586,692 3,586,692
Contribution made to statutory reserve 299,704 (299,704)    
Foreign currency translation gain 783,406 783,406 783,406
Balance at Dec. 31, 2020 $ 2,115 $ 75 14,171,120 394,541 3,353,031 823,862 18,744,744 18,744,744
Balance (in Shares) at Dec. 31, 2020 21,149,425 750,000              
Share-based compensation                
Net income (loss) (6,389,076) (6,389,076) (6,389,076)
Foreign currency translation gain 671,219 671,219 671,219
Balance at Dec. 31, 2021 $ 2,568 $ 75 40,827,231 394,541 (3,036,045) 1,495,081 39,683,451 39,683,451
Balance (in Shares) at Dec. 31, 2021 25,677,965 750,000              
Issuance of Ordinary Shares, net of offering expenses $ 427 25,684,937 25,685,364 25,685,364
Issuance of Ordinary Shares, net of offering expenses (in Shares) 4,271,429              
Share-based compensation $ 12 971,188 971,200 971,200
Share-based compensation (in Shares) 120,000              
Exercise of warrants $ 14 (14)
Exercise of warrants (in Shares) 137,111              
Issuance of Ordinary Shares $ 781 9,882,459 9,883,240 9,883,240
Issuance of Ordinary Shares (in Shares) 7,806,600              
Net income (loss)                 (11,531,781)
Foreign currency translation gain (2,445,801) (2,445,801) (904) (2,446,705)
Balance at Dec. 31, 2022 $ 3,413 $ 75 52,557,552 394,541 (14,572,425) (950,720) 37,432,436 33,471 37,465,907
Balance (in Shares) at Dec. 31, 2022 34,124,565 750,000              
Share-based compensation $ 64 $ 1,847,862 1,847,926 1,847,926
Share-based compensation (in Shares) 640,000              
Capital contributed by minority shareholder           29,776 29,776
Net loss for the year         $ (11,536,380)   $ (11,536,380) $ 4,599 $ (11,531,781)