| Schedule of Segment Reporting Information, by Segment |
Three months ended March 31, 2025
| Food & Beverage
and Delivery
|
| IT Supporting
Services
|
| Graphite trading
|
| Corporate
unallocated
(note)
|
| Consolidated
|
Revenue – third parties
| $11,967,376
|
| $11,481
|
| $7,325,866
|
| $-
|
| $19,304,723
|
Cost of revenue
| (6,468,816)
|
| (60,878)
|
| (6,351,643)
|
| -
|
| (12,881,337)
|
Gross profit / (loss)
| 5,498,560
|
| (49,397)
|
| 974,223
|
| -
|
| 6,423,386
|
|
|
|
|
|
|
|
|
|
|
Operating expense
|
|
|
|
|
|
|
|
|
|
Employee compensation
| 1,791,892
|
| 305,450
|
| 20,755
|
| -
|
| 2,118,097
|
Depreciation and amortization
| 14,139
|
| 47,166
|
| -
|
| 184
|
| 61,489
|
Other selling, general and administrative expenses
| 2,129,085
|
| 897,105
|
| 925,929
|
| 141,014
|
| 4,093,133
|
Total operating expenses
| 3,935,116
|
| 1,249,721
|
| 946,684
|
| 141,198
|
| 6,272,719
|
|
|
|
|
|
|
|
|
|
|
Net income / (loss) from operation
| 1,563,444
|
| (1,299,118)
|
| 27,539
|
| (141,198)
|
| 150,667
|
|
|
|
|
|
|
|
|
|
|
Interest income
| 4
|
| 3
|
| -
|
| 15,189
|
| 15,196
|
Interest expense
| (10,377)
|
| (11,822)
|
| -
|
| (129)
|
| (22,328)
|
|
|
|
|
|
|
|
|
|
|
Interest (expense) / income, net
| (10,373)
|
| (11,819)
|
| -
|
| 15,060
|
| (7,132)
|
|
|
|
|
|
|
|
|
|
|
Net income / (loss) before provision for income taxes
| $1,553,071
|
| $(1,310,937)
|
| $27,539
|
| $(126,138)
|
| $143,535
|
Three months ended March 31, 2024
| Food & Beverage
and Delivery
|
| IT Supporting
Services
|
| Graphite trading
|
| Corporate
unallocated
(note)
|
| Consolidated
|
Revenue – third parties
| $ 9,619,439
|
| $ 97,813
|
| $ 687,681
|
| $ -
|
| $ 10,404,933
|
Cost of revenue
| (5,280,065)
|
| (82,697)
|
| (545,360)
|
| -
|
| (5,908,122)
|
Gross profit
| 4,339,374
|
| 15,116
|
| 142,321
|
| -
|
| 4,496,811
|
|
|
|
|
|
|
|
|
|
|
Operating expense
|
|
|
|
|
|
|
|
|
|
Employee compensation
| 854,665
|
| 285,945
|
| -
|
| -
|
| 1,140,610
|
Depreciation and amortization
| 13,312
|
| 33,803
|
| -
|
| 184
|
| 47,299
|
Other selling, general and administrative expenses
| 2,211,390
|
| 1,064,264
|
| 13,647
|
| 7,358
|
| 3,296,659
|
Total operating expenses
| 3,079,367
|
| 1,384,012
|
| 13,647
|
| 7,542
|
| 4,484,568
|
|
|
|
|
|
|
|
|
|
|
Net income / (loss) from operation
| 1,260,007
|
| (1,368,896)
|
| 128,674
|
| (7,542)
|
| 12,243
|
|
|
|
|
|
|
|
|
|
|
Interest income
| 5,729
|
| 19
|
| -
|
| -
|
| 5,748
|
Interest expense
| (20,127)
|
| (10,298)
|
| -
|
| (128)
|
| (30,553)
|
|
|
|
|
|
|
|
|
|
|
Interest (expense) / income, net
| (14,398)
|
| (10,279)
|
| -
|
| (128)
|
| (24,805)
|
|
|
|
|
|
|
|
|
|
|
Net income / (loss) before provision for income taxes
| $ 1,245,609
|
| $ (1,379,175)
|
| $ 128,674
|
| $ (7,670)
|
| $ (12,562)
|
|