v3.25.2
Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
[1]
Current assets    
Cash and cash equivalents $ 457,740 $ 54,104
Accounts receivable, net 49,245 9,374
Inventories 80,813 126,264
Deposits, other receivables and deferred legal & IPO cost, net 195,446 512,581
Deposit with a digital asset trading platform 1,000,000
Receivable from agents 1,191,795
Prepayments 197,706 1,262,228
Loan to A SPAC I 140,000
Due from shareholders 354,285
Total current assets 3,172,745 2,458,836
Non-current assets    
Plant and equipment, net 273,096 162,157
Right-of-use assets, net 98,570 283,847
Prepayments 33,333 1,582,156
Total non-current assets 404,999 2,028,160
TOTAL ASSETS 3,577,744 4,486,996
Current liabilities    
Accounts payable 1,298,964 172,626
Accrued liabilities and other payables 500,729 241,613
Contract liabilities 63,489 7,937
Operating lease liabilities, current 108,526 207,128
Finance lease liabilities, current 6,446
Convertible notes 82,447
Promissory note 500,000
Taxes payable 11,746 486,706
Total current liabilities 2,720,354 1,122,456
Non-current liabilities    
Operating lease liabilities, non-current 10,231 118,979
Convertible notes, non-current 2,328,916
Total non-current liabilities 2,339,147 118,979
Total liabilities 5,059,501 1,241,435
Shareholders’ equity    
Ordinary shares, no par value, 50,000,000 shares authorized and 113,852* and 50,747* shares issued and outstanding as of December 31, 2024 and 2023 respectively
Subscription receivable (204,000) (127,564)
Additional paid-in capital 122,505 4,331,815
Accumulated deficit (985,994) (461,351)
Accumulated other comprehensive (loss) income 18,875 (7,288)
Equity attributable to the shareholders of the Company (1,048,614) 3,735,612
Non-controlling interests (433,143) (490,051)
Total shareholders’ equity (1,481,757) 3,245,561
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 3,577,744 4,486,996
Related Party    
Current liabilities    
Due to related parties $ 154,453
[1] Re-presented as mentioned in Note 23