Note 14 - Advance From Investors |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 | |||
| Notes to Financial Statements | |||
| Debt Disclosure [Text Block] |
During the year ended December 31, 2025, we had no advances from investors.
During the year ended December 31, 2024, we received advances from investors of approximately US$1.08 million. On August 23, September 5, September 6, September 25, 2024, we entered into a securities purchase agreement with each of four investors (including one member of our Board of Directors), respectively, pursuant to which each purchaser agreed to purchase 89,606 shares of common stock for an aggregate purchase price of US$268,818. On the date that each securities purchase agreement was signed, each purchaser entered into a lock-up agreement with the Company, respectively, whereby each purchaser agreed not to transfer the shares until the six-month anniversary of the date of each securities purchase agreement.
The number of shares have been restated in this note to reflect the effect of the 1-for-4 reverse stock split on September 30, 2024, see Note 4(l). |