| 4. | ACCOUNTS RECEIVABLE, NET |
Accounts receivable, net consisted of the following:
| | |
As of
June 30, | | |
As of
December 31, | |
| | |
2025 | | |
2024 | |
| Accounts receivable | |
$ | 120,991 | | |
$ | 90,852 | |
| Allowance for expected credit loss | |
| (18,913 | ) | |
| (10,265 | ) |
| Accounts receivable, net | |
$ | 102,078 | | |
$ | 80,587 | |
The Group recorded $10,359 and nil bad debt expense
for the six months ended June 30, 2025 and 2024, respectively.
The movement of the allowance
for expected credit loss is as follows:
| | |
For the
six months
Ended
June 30, | | |
For the
years
ended
December 31, | |
| | |
2025 | | |
2024 | |
| Balance as of the beginning of the period / year | |
$ | (10,265 | ) | |
$ | (7,299 | ) |
| Expected credit loss provision | |
| (10,359 | ) | |
| (3,288 | ) |
| Exchange difference | |
| 1,711 | | |
| 322 | |
| Balance as of the end of the period / year | |
$ | (18,913 | ) | |
$ | (10,265 | ) |
|