v3.25.1
Lease (Tables)
12 Months Ended
Dec. 31, 2024
Lease [Abstract]  
Schedule of Operating Leases Obligation The discount rates reflect the estimated incremental borrowing rate, which includes an assessment of the credit rating to determine the rate that the Group would have to pay to borrow, on a collateralized basis for a similar term, an amount equal to the lease payments in a similar economic environment.
   For the year
ended
December 31,
2024
   For the year
ended
December 31,
2023
 
Lease cost        
Finance lease cost:        
Depreciation  $
-
   $
-
 
Interest on lease liabilities   
-
    
-
 
Operating lease cost   50,520    252,345 
Short-term lease cost   3,374    65,221 
Variable lease cost   
-
    
-
 
Sublease income   
-
    
-
 
Total lease cost  $53,894   $317,566 
           
Other information          
Cash paid for amounts included in the measurement of lease liabilities          
Operating cash flows from operating leases  $120,824   $389,365 
Financing cash flows from finance leases   
-
    
-
 
Right-of-use assets obtained in exchange for new operating lease liabilities   
-
    338,525 
Weighted-average remaining lease term – finance leases   
-
    
-
 
Weighted-average remaining lease term – operating leases   1.2 years    1.9 years 
Weighted-average discount rate – finance leases   
-
%   
-
%
Weighted-average discount rate – operating leases   8.0%   8.0%
Schedule of Maturity Analysis of Operating Leases Liabilities

The maturity analysis of operating leases liabilities as of December 31, 2024 is as follows:

 

   December 31,
2024
 
Remaining periods ending December 31,    
2025  $97,541 
2026   24,573 
Total future undiscounted cash flow   122,114 
Less: Discount on operating lease liabilities   (5,707)
Present value of operating lease liabilities   116,407 
Less: Current portion of operating lease liabilities   (102,225)
Non-current portion of operating lease liabilities  $14,182