UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 8,536,714	$ 12,547,168
Restricted cash, current	197,674	273,291
Short-term investment	0	5,505
Accounts receivable, net	3,096,130	3,281,865
Inventories	25,276,095	24,012,504
Prepayment and other current assets	18,098,574	18,075,415
Amounts due from related parties - current	$ 11,798	$ 11,729
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	us-gaap:RelatedPartyMember	us-gaap:RelatedPartyMember
Assets held for sale, current	$ 7,723,541	$ 7,708,969
Total current assets	62,940,526	65,916,446
Non-current assets:
Long-term time deposit	700,000	700,000
Long-term investments	3,730,271	3,710,663
Investment in equity security	26,861,031	26,604,319
Property, plant and equipment, net	17,593,328	17,401,006
Intangible assets, net	6,196,476	6,225,302
Right-of-use assets	9,332,719	9,948,831
Other non-current assets, net	1,987,621	2,059,747
Total non-current assets	66,401,446	66,649,868
Total Assets	129,341,972	132,566,314
Current liabilities:
Accounts payable	4,812,536	5,135,710
Short-term loans and current portion of long-term loans	237,296	249,614
Accrued expenses and other current liabilities	3,935,863	3,647,503
Contractual liabilities	5,102,793	4,121,305
Operating lease liabilities, current	3,578,744	3,426,067
Convertible promissory notes	9,952,000	9,952,000
Deferred government grant, current	100,647	100,060
Amounts due to related parties	$ 1,087,470	$ 26,226
Other Liability, Current, Related Party, Type [Extensible Enumeration]	us-gaap:RelatedPartyMember	us-gaap:RelatedPartyMember
Liabilities held for sale, current	$ 2,200,535	$ 2,455,539
Total current liabilities	31,007,884	29,114,024
Non-current liabilities:
Long-term loans	339,307	362,386
Deferred tax liabilities	166,865	171,558
Deferred government grant, non-current	1,760,797	1,776,957
Derivative liability - investor warrant	12,139,517	12,137,087
Derivative liability - placement agent warrant	3,456,528	3,455,829
Operating lease liabilities, non-current	7,038,916	7,588,971
Total non-current liabilities	24,901,930	25,492,788
Total Liabilities	55,909,814	54,606,812
Commitments and contingencies
EQUITY
Common stock (No par value; 30,866,614 shares issued and outstanding as of March 31, 2025 and December 31, 2024)	0	0
Additional paid in capital	406,496,754	405,757,103
Accumulated deficit	(324,544,650)	(318,890,314)
Accumulated other comprehensive loss	(8,631,181)	(9,029,499)
Total equity attributable to shareholders	73,320,923	77,837,290
Non-controlling interests	111,235	122,212
Total Equity	73,432,158	77,959,502
Total Liabilities and Equity	$ 129,341,972	$ 132,566,314

Cenntro Inc. 10-Q