Company: RETO
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087644
Chunk: 72

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-09-15
Form: F-1
Chunk 72
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 operations:

|                                             |     | For the Year Ended December 31, |      2024 |     |   |   2023 |     |   |    2022 |
|:--------------------------------------------|:----|:--------------------------------|----------:|:----|:--|-------:|:----|:--|--------:|
| Machinery and equipment                     |     | $                               | 1,176,070 |     | $ | 10,781 |     | $ | 204,495 |
| Technological consulting and other services |     |                                 |   652,906 |     |   |      - |     |   |       - |
| Total revenue                               |     | $                               | 1,828,976 |     | $ | 10,781 |     | $ | 204,495 |

F-13 RETO ECO-SOLUTIONS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Contract Assets and Liabilities Payment terms are established in accordance with the Company’s pre-established credit requirements based upon an evaluation of customers’ credit quality. Contract assets are included in accounts receivable. Contract liabilities are recognized for contracts for which payment has been received in advance of delivery. The contract liability balance can vary significantly depending on the timing of when an order is placed and when shipment or delivery occurs. As of December 31, 2024 and 2023, other than accounts receivable and advances from customers, the Company had no other material contract assets, contract liabilities or deferred contract costs recorded on its consolidated balance sheet. Costs of fulfilling customers’ purchase orders, such as shipping, handling and delivery, which occur prior to the transfer of control, are recognized in selling, general and administrative expense when incurred. Disaggregation of Revenues The Company disaggregates its revenue from contracts by products and services, as the Company believes it best depicts how the nature, amount, timing and uncertainty of the revenue and cash flows are affected by economic factors. Shipping and Handling Shipping and handling costs are expensed as incurred and are included in operating expenses as a part of selling and general and administrative expenses in the Company’s consolidated statements of income and comprehensive income. Shipping and handling costs associated with the Company’s continuing operations were $ 20,406, $ 11,333and $ 256for the years ended December 31, 2024, 2023