v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 762,322 $ 322,426
Accounts receivable, net 479,271 312,200
Prepaid expenses and other current assets 19,311 16,773
Total current assets 1,260,904 651,399
Non-current assets:    
Construction in progress 0 399,780
Property and equipment, net 2,965,233 1,739,468
Right-of-use assets, net 1,609,832 1,244,794
Total non-current assets 4,575,065 3,384,042
TOTAL ASSETS 5,835,969 4,035,441
Current liabilities:    
Account payables 102,917 117,956
Accrued liabilities and other payables 582,767 1,161,150
Amount due to director 1,599,217 1,088,838
Amount due to shareholder 1,012,225 826,716
Construction payable 0 342,540
Convertible notes payable 0 170,000
Promissory notes payable 16 16
Earn-out payable 2,000,000 1,000,000
Lease liabilities 125,624 97,857
Income tax payable 12,883 17,515
Total current liabilities 5,435,649 4,822,588
Non-current liabilities:    
Lease liabilities 1,616,932 1,254,618
Earn-out payable 2,710,975 3,999,306
Total non-current liabilities 4,327,907 5,253,924
TOTAL LIABILITIES 9,763,556 10,076,512
Commitments and contingencies (Note 19)
Shareholders’ deficit:    
Common stock, par value $0.0001, 270,000,000,000 shares authorized, 362,844,342 and 308,958,835 shares issued and outstanding as of December 31, 2025 and 2024, respectively 36,285 30,897
Common stock to be issued, par value $0.0001, 15,816,576 and 0 shares to be issued as of December 31, 2025 and 2024, respectively 1,582 0
Additional paid-in capital 1,765,186 0
Accumulated other comprehensive loss (5,788) (2,033)
Accumulated losses (5,725,890) (6,070,973)
Total shareholders’ deficit (3,927,587) (6,041,071)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 5,835,969 4,035,441
Preferred Stock [Member]    
Shareholders’ deficit:    
Preferred stock, value 0 0
Series A Preferred Stock [Member]    
Shareholders’ deficit:    
Preferred stock, value 1,000 1,000
Series B Preferred Stock [Member]    
Shareholders’ deficit:    
Preferred stock, value 37 37
Series C Preferred Stock [Member]    
Shareholders’ deficit:    
Preferred stock, value $ 1 $ 1