
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash | $119K-33.9% | $180K-24.1% | $237K | — | — | — |
| Restricted cash | $296 | — | — | — | — | — |
| Accounts receivable, net | $209K+271.7% | $56K-98.1% | $3.0M | — | $3.8M+357.2% | $835K |
| Inventories, net | $738K-13.4% | $852K-40.2% | $1.4M-65.7% | $4.2M-46.9% | $7.8M+247.1% | $2.3M |
| Advances to suppliers, net | $985K+15.9% | $850K-83.7% | $5.2M | — | — | — |
| Other receivables, net | $2K-99.4% | $263K-19.1% | $325K | — | — | — |
| Prepaid expenses | $20K-95.8% | $480K-51.0% | $979K+68.8% | $580K | — | — |
| Assets of discontinuing operations | $10.3M | — | — | — | — | — |
| Total current assets | $4.8M-67.7% | $14.9M-33.4% | $22.4M+61.6% | $13.8M-49.3% | $27.3M+102.0% | $13.5M |
| Plant and equipment, net | $4.7M-6.2% | $5.0M-59.6% | $12.3M-45.6% | $22.6M+10.2% | $20.5M+345.7% | $4.6M |
| Intangible assets, net | $717K-12.4% | $819K-16.4% | $980K-68.1% | $3.1M-26.9% | $4.2M+176.9% | $1.5M |
| Construction in progress, net | $24K+4.4% | $23K-3.0% | $24K-29.0% | $33K-98.7% | $2.5M | — |
| Goodwill | $7K-99.9% | $4.7M+0.0% | $4.7M+0.0% | $4.7M-74.0% | $18.2M+676.9% | $2.3M |
| Total non-current assets | $5.4M-48.7% | $10.5M-48.1% | $20.3M-56.8% | $46.9M-20.1% | $58.7M+594.6% | $8.5M |
| Total assets | $10.2M-59.8% | $25.4M-40.4% | $42.6M-29.8% | $60.7M-29.4% | $86.0M+291.5% | $22.0M |
| Loans-current | $5.3M+220.2% | $1.6M | — | — | $6.8M | — |
| Accounts payable | $2.1M+14.2% | $1.9M-38.6% | $3.0M-14.5% | $3.5M-43.4% | $6.2M+378.8% | $1.3M |
| Advance from customers | $213K-42.1% | $368K-85.0% | $2.5M-6.4% | $2.6M-57.6% | $6.2M+2459.0% | $242K |
| Taxes payable | $232K+187.7% | $81K-93.3% | $1.2M+11.3% | $1.1M+37.6% | $788K+296.4% | $199K |
| Other payables and accrued liabilities | $2.1M+9.8% | $1.9M+75.0% | $1.1M-74.8% | $4.4M-48.9% | $8.6M+367.1% | $1.8M |
| Liabilities of discontinuing operations | $4.5M | — | — | — | — | — |
| Total current liabilities | $11.9M-10.8% | $13.3M-42.5% | $23.2M+18.3% | $19.6M-43.1% | $34.4M+847.7% | $3.6M |
| Loans-noncurrent | $500K+21.8% | $411K | — | $287K-24.5% | $380K | — |
| Total non-current liabilities | $500K+21.8% | $411K+1255.9% | $30K-94.6% | $561K+47.5% | $380K+1112.7% | $31K |
| Total liabilities | $12.4M-9.8% | $13.7M-40.8% | $23.2M+15.2% | $20.1M-42.1% | $34.8M+850.0% | $3.7M |
| Common stock: $0.001 par value, 1,500,000,000 shares authorized; 14,232,714 and 7,282,714 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $14K+95.4% | $7K+0.0% | $7K-89.9% | $72K+102.6% | $36K+201.3% | $12K |
| Additional paid-in capital | $170.2M+9.3% | $155.8M+0.0% | $155.8M+0.0% | $155.7M+16.9% | $133.2M+39.3% | $95.7M |
| Accumulated deficit | -$175.0M-18.2% | -$148.1M-5.2% | -$140.7M-17.4% | -$119.9M-27.4% | -$94.1M-11.6% | -$84.3M |
| Accumulated other comprehensive income | $2.7M-33.1% | $4.0M-9.5% | $4.4M-6.4% | $4.7M-39.1% | $7.7M+10.6% | $7.0M |
| Non-controlling interests | -$3K | — | — | $4.3M | — | — |
| Total stockholders’ (deficit) equity | -$2.2M-118.6% | $11.7M | — | $40.6M-20.8% | $51.3M+179.9% | $18.3M |
| Total liabilities and stockholders’ (deficit) equity | $10.2M-59.8% | $25.4M-40.4% | $42.6M-29.8% | $60.7M-29.4% | $86.0M+291.5% | $22.0M |
| Related Party | ||||||
| Other receivables-related parties | $2.7M+42.8% | $1.9M+507.0% | $316K+74.8% | $181K-97.6% | $7.7M | — |
| Other payables-related parties | $1.9M-34.8% | $3.0M-49.2% | $5.8M+35.5% | $4.3M-17.6% | $5.2M+26077.5% | $20K |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.