v3.26.1
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2025
Income Taxes [Line Items]  
Schedule of Income/(Loss) Before Income Tax Expense

Income/(loss) before income tax expense is attributable to the following geographic locations:

 

   Year ended
December 31,
2025		   Year ended
December 31,
2024		   Year ended
December 31,
2023		 
Hong Kong  $(1,409,614)  $(3,944,692)  $(1,297,897)
Singapore   111,972    (252,611)   (2,956,296)
Other jurisdictions   (78,788)   39,566    (86,782)

Loss before income tax expense

  $(1,376,430)  (4,157,737)   (4,340,975)
Schedule of Income Taxes Expenses Computed at the Hong Kong Statutory Tax Rate

The reconciliation of income taxes expenses computed at the Hong Kong statutory tax rate applicable to income tax expense is as follows:

 

   Year ended
December 31,
2025		   Year ended
December 31,
2024		   Year ended
December 31,
2023		 
Net loss before tax  $(1,376,430)   100%  $(4,157,737)   100%  $(4,340,975)   100%
Hongkong statutory income tax rate   16.5%        16.5%        16.5%     
Provision for income tax benefit at Hong Kong statutory income tax rate (16.5%)   (227,110)   16.5%   (686,027)   16.5%   (716,261)   16.5%
Domestic tax effects                              
Non-taxable interest income   (13,907)   1.0%   (5,477)   0.1%   (1,071,774)   24.7%
Non-deductible expenses   —    0.0%   195    0.0%   98,704    (2.3)%
Change in valuation allowance   223,918    (16.3)%   702,123    (16.9)%   1,705,603    (39.3)%
Foreign tax effects                              
Cayman                              
-Statutory tax rate difference between Cayman and Hong Kong   16,128    (1.2)%   (9,191)   0.2%   (5,078)   0.1%
Other foreign jurisdictions   917    0.0%   (1,623)   0.1%   (11,185)   0.3%
Effective income tax expense  $—    —   $—    —   $—    — 
Schedule of Income Taxes Paid

Income taxes paid by jurisdiction is as follows:

 

   Year ended
December 31,
2025		   Year ended
December 31,
2024		   Year ended
December 31,
2023		 
Hong Kong  $        —   $            —         — 
Singapore   —    —    — 
Other jurisdictions   —    —    — 
Total income taxes paid  $—    —    — 
Schedule of Deferred Tax Assets and Liabilities The following represents the tax effect of each major type of temporary difference.
   December 31,
2025		   December 31,
2024		 
Deferred tax asset:        
Net operating losses carryforwards  $15,365,786   $15,107,318 
Depreciation and amortization   86,843    128,896 
Impairment loss on assets   537,830    537,830 
Total Deferred tax asset   15,990,459    15,774,044 
Valuation allowance   (15,990,459)   (15,774,044)
Deferred tax asset, net of valuation allowance  $—   $— 
Schedule of Changes in Valuation Allowance

Changes in valuation allowance are as follows:

 

   December 31,
2025		   December 31,
2024		   December 31,
2023		 
Balance as of January 1  $15,774,044   $17,407,156    15,705,088 
Additions   223,918    702,123    1,705,603 
Disposal   (7,503)   (2,335,235)   (3,535)
Balance as of December 31  $15,990,459   $15,774,044    17,407,156