v3.25.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2025
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of cash and cash equivalents consist of cash in bank and interest-bearing certificates of deposit with an initial term

    

June 30, 2025

    

December 31, 2024

 

(Unaudited)

Cash held in Current Accounts

$

185,186

$

627,924

Certificate of Deposit

 

1,023,038

Total cash and cash equivalents shown in the statements of cash flows

$

185,186

$

1,650,962

Schedule of property, plant, and equipment estimated useful lives of the assets

Property, plant, and equipment

    

Estimated useful life

Motor vehicles

10 years

Leasehold improvements

3-6 years

Schedule of amortization of intangible assets using straight-line method

Intangible assets

    

Estimated useful life

 

Developed technology

7 years

Customer relationships

10-12 years

Trade names

7 years

Summary of the company's total revenue by geographic area

    

Three Months Ended

    

Six Months Ended

June 30, 

June 30, 

    

2025

    

2024

    

2025

    

2024

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

U.S. domestic market

$

333,591

$

50,236

$

798,474

$

99,715

Overseas market

 

20,535

43,327

 

35,451

 

70,682

Total revenue

$

354,126

$

93,563

$

833,925

$

170,397

Schedule of (loss) earnings per share, basic and diluted

    

June 30, 2025

(Unaudited)

    

Loss

    

Share

    

Per share amount

Basic and diluted EPS

 

  

 

  

 

  

Loss from continuing operations per ordinary share

$

(1,266,437)

 

3,218,886

$

(0.39)

Loss from discontinued operations per ordinary share

 

 

3,218,886

 

0.00

Loss from operations per ordinary share

$

(1,266,437)

$

(0.39)

June 30, 2024

(Unaudited)

    

Income (loss)

Share

Per share amount

Basic and diluted EPS

 

  

 

  

 

  

Loss from continuing operations per ordinary share

$

(1,016,370)

 

1,398,500

$

(0.73)

Loss from discontinued operations per ordinary share

 

(205,440)

 

1,398,500

 

(0.15)

Loss from operations per ordinary share

$

(1,221,810)

$

(0.88)