Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.3
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2023
Accounting Policies [Abstract]  
Schedule of estimated useful lives of property, plant and equipment
 
Fixed assets Useful life
Furniture 5 years
Equipment 5 years
Warehouse 39 years
Improvement 5 years
Land N/A
Schedule of fair value assets and liabilities measured on recurring basis
                       
    September 30, 2023 (unaudited)  
    Fair Value     Carrying  
    Level 1     Level 2     Level 3     Value  
Assets                        
Marketable securities:                                
Stock   $ 39,165     $     $     $ 39,165  
Total assets measured at fair value   $ 39,165     $     $     $ 39,165  

 

 

    December 31, 2022  
    Fair Value     Carrying  
    Level 1     Level 2     Level 3     Value  
Assets                        
Marketable securities:                                
Stock   $ 105,470     $     $     $ 105,470  
Total assets measured at fair value   $ 105,470     $     $     $ 105,470  
Schedule of anti dilutive shares
           
Nine Months Ended September 30,   2023     2022  
Stock options     497,092       305,041  
Total     497,092       305,041  
Schedule of intercompany foreign currency balances
               
   

Average Rate for the Nine Months Ended

September 30,

 
   

2023

(Unaudited)

   

2022

(Unaudited)

 
China Yuan (RMB)   RMB 7.2942     RMB 6.5985  
United States Dollar ($)   $ 1.0000     $ 1.0000  

 

    Exchange Rate at  
    September 30, 2023     December 31, 2022  
    (Unaudited)        
China Yuan (RMB)   RMB 7.0279     RMB 7.1100  
United States Dollar ($)   $ 1.0000     $ 1.0000