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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues $ 2,234,549 $ 518,192 $ 7,122,611 $ 5,959,055
Cost of goods sold 1,725,979 101,859 6,272,487 4,496,465
Gross Profit 508,570 416,333 850,123 1,462,590
Research and development cost 144,582 152,839 404,366 457,306
Selling expenses 2,292 1,263 4,776 1,863
General and administrative expense 239,656 279,953 703,078 876,271
Operating Income 122,041 (17,722) (262,096) 127,150
Interest (expense) (125,380) 62,553 (406,985) (287,134)
Other Income (loss) (180) 29,652 (15,605) 133,180
Income (loss) before Income Taxes (3,521) 74,483 (684,686) (26,804)
Income taxes
Consolidated net Income (loss) (3,521) 74,483 (684,686) (26,804)
Less: Net income (loss) attributable to noncontrolling interest (26,218) 28,829 (201,063) 13,337
Net Income (Loss) Attributable to Shareholders of ESG Inc. 22,697 45,654 (483,623) (40,141)
Other comprehensive items        
Foreign currency translation gain (loss) attributable to ESG Inc. 161,997 (191,087) (5,616) (562,011)
Foreign currency translation gain (loss) attributable to noncontrolling interest 55,390 (65,336) (1,920) (192,165)
Total comprehensive income (loss) attributable to noncontrolling interest 29,173 (36,507) (202,983) (602,152)
Total comprehensive Income (loss) Attributable to Shareholders of ESG Inc. $ 184,693 $ (145,433) $ (489,239) $ (178,828)
Net income loss per share - basic $ 0.01 $ (0.01) $ (0.02) $ (0.01)
Net income loss per share - diluted $ 0.01 $ (0.01) $ (0.02) $ (0.01)
Weighted Average Number of Shares Outstanding, Basic 25,899,468 25,899,468 25,899,468 25,899,468
Weighted average shares outstanding - diluted 25,899,468 25,899,468 25,899,468 25,899,468