Short-Term Loan Payables |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Short-Term Loan Payables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SHORT-TERM LOAN PAYABLES | NOTE 7 — SHORT-TERM LOAN PAYABLES
The following table summarizes information with regard to short-term loan payables outstanding as of June 30, 2025 and December 31, 2024.
The Company recognized interest expense of $5,842 and $0 for the periods ended June 30, 2025 and June 30, 2024, respectively.
As of June 30, 2025, the balance of short-term borrowings includes amounts borrowed in Korean Won, which have been converted into U.S. dollars using the exchange rate as of June 30, 2025 (e.g., 1 USD = 1,356.40 KRW). This may result in differences due to fluctuations in the exchange rate.
The short-term borrowing balance of $255,286 from Jaeman Lee, which was classified as a related party as of December 31, 2024, has been reclassified and corrected as a general short-term borrowing by excluding him from related parties |
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