ADDED
As of April 8, 2026, there were 11,931,534 shares of common stock of the registrant issued and outstanding.
Our loss of preferential tax treatments and government subsidies, together with potential challenges by PRC tax authorities, may result in increased tax liabilities, including additional taxes, interest and penalties.
For the years ended December 31, 2025 and 2024, we recognized approximately $45.1 million and $42.3 million, respectively, in revenues.
For the years ended December 31, 2025 and 2024, our domestic sales accounted for approximately 68.5% and 64.7%, respectively, of our revenues, and our international sales accounted for approximately 31.5% and 35.3%, respectively, of our revenues.
On October 10, 2025, the Company received a letter from Nasdaq, notifying the company that the Staff has determined that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) because the Company filed its 1st Form 10-Q on October 8, 2025, and its 2nd Form 10-Q on October 9, 2025, thereby becoming current in its periodic filing requirements with the Securities and Exchange Commission.
On September 15, 2025, the Company received a letter from Nasdaq notifying the Company that the Staff had determined that the closing price of the Company s common stock was $1.00 or greater for the requisite period of time and that the Company had regained compliance with Listing Rule 5550(a)(2) and that the matter was now closed.
The Company is now in full compliance with all continued listing standards of the Nasdaq Global Market.
For additional details, see the Company s Current Reports on Form 8-K filed May 2, 2025; May 30, 2025; June 26, 2025; June 30, 2025; July 15, 2025, September 15, 2025 and October 14, 2025.
On January 7, 2026, the company filed with the Secretary of State of the State of Nevada an amendment to the Company s Articles of Incorporation, as amended (the Amendment ), which became effective on that date.
In connection with the Amendment, the Company also filed its Second Amended and Restated Articles of Incorporation (the Restated AOI ).
REMOVED
As of September 8, 2025, there were 11,931,534 shares of common stock of the registrant issued and outstanding.
Revocation or unavailability of preferential tax treatments and government subsidies, or successful challenges to our tax liability calculation by PRC tax authorities, may necessitate payment of tax, interest, and penalties exceeding our tax provisions.
For the years ended December 31, 2024 and 2023, we recognized approximately $42.3 million and $39.7 million, respectively, in revenues.
For the years ended December 31, 2024 and 2023, our domestic sales accounted for approximately 64.7% and 69.7%, respectively, of our revenues, and our international sales accounted for approximately 35.3% and 30.3%, respectively, of our revenues.
On April 29, 2025, Jing Chen resigned from the Board and its committees.
Effective May 1, 2025, Jing Guo was appointed to the Board; committee roles were reconstituted as described in the Current Report on Form 8-K filed on May 2, 2025.
For additional details, see the Company s Current Reports on Form 8-K filed May 2, 2025; May 30, 2025; June 26, 2025; June 30, 2025; and July 15, 2025.
Industrial HMI As of December 31, 2024, product types GFF and GG constitute our main stream products, accounting for approximately an average of 38.5% and 52.7%, respectively, of our total revenues, with product types GF and PG accounting for 2.6%, 4.4% and 1.9%%, respectively, of our total revenues.
As of December 31, 2023, product types GFF and GG constitute our main stream products, accounting for approximately an average of 41.8% and 51.7%, respectively, of our total revenues, with product types GF and PG and other raw materials accounting for 2.0%, 2.4% and 2.1%, respectively, of our total revenues.
For the year ended December 31, 2023, we had approximately $9.8 million in revenues generated from the sales of automotive touchscreens, accounting for 24.6% of our total revenues, with industrial HMI touchscreens accounting for 19.9%, POS touchscreens for 16.7%, gaming touchscreens accounting for 14.1%, medical touchscreens for 14.6%, and multi-functional printer touchscreens for 10.1%, respectively, of our total revenues.