v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents (including $147,285 and $137,152 of time deposits as of June 30, 2025 and December 31, 2024 respectively) $ 580,951 $ 397,476
Accounts receivable 55,443 74,648
Other receivables, prepaid expenses and deposits 18,677 22,188
Tax recoverable 686
Inventories 4,296 3,350
Total Current Assets 660,053 497,662
NON-CURRENT ASSETS    
Plant and equipment, net 128,970 136,767
Intangible assets, net 873 1,401
Operating lease right-of-use assets, net 161,826
Total Non-Current Assets 291,669 138,168
TOTAL ASSETS 951,722 635,830
CURRENT LIABILITIES    
Accounts payable (including $87 and $818 payable to a related party as of June 30, 2025 and December 31, 2024 respectively) 200,948 153,045
Other payables and accrued liabilities (including $1,500 and $3,000 of general and administrative expenses payable to a related party as of June 30, 2025 and December 31, 2024 respectively) 243,475 302,347
Finance lease liability 4,821 28,517
Operating lease liability 20,035
Tax payable 108
Total Current Liabilities 469,279 484,017
NON- CURRENT LIABILITIES    
Finance lease liability 90,577 77,777
Operating lease liability 141,791
Total non-current liabilities 232,368 77,777
TOTAL LIABILITIES 701,647 561,794
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding
Common stock, $0.0001 par value, 600,000,000 shares authorized, 206,904,585 shares issued and outstanding as of June 30, 2025 and December 31, 2024 respectively 20,690 20,690
Additional paid-in capital 1,395,426 1,395,426
Accumulated other comprehensive income 51,025 45,850
Accumulated deficit (1,217,066) (1,387,930)
TOTAL STOCKHOLDERS’ EQUITY 250,075 74,036
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 951,722 $ 635,830