v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,307,607) $ (2,486,044)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property and equipment 20,189 52,570
Amortization of intangible assets 4,714 4,770
Amortization of operating right-of-use assets 158,924 139,867
Amortization of finance lease assets 44,151 29,445
Gain on disposal of property and equipment (112)
Unrealized holding (gain) loss on marketable securities (8,953) 5,018
Unrealized exchange gain (825,706)
Loss on non-marketable securities 1,000
Allowance for credit loss 519,442 98,705
Deferred tax expense (0) 220
Inventory write off 7,035
Inventory write-down 11,825 7,081
Changes in operating assets and liabilities:    
Accounts receivables 32,132 (28,295)
Amount due from related parties 162 8,889
Inventories 3,348 (4,225)
Prepaid taxes 17,406 (22,322)
Prepayments and deposits (380,199) (434,447)
Other receivables 2,489 (2,105)
Accounts payable (21,972) 44,657
Accounts payable – related parties 14,010 (5,107)
Customer deposits 58,581 (7,340)
Operating lease liabilities (159,762) (139,476)
Other payables and accrued liabilities 112,551 14,761
Other payables – related parties 286,391 (7,065)
Income tax payables (3,573) 4,340
Net cash used in operating activities (2,413,422) (2,726,215)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,049) (50,162)
Proceeds from disposal of property and equipment 112
Advances for investment (23,000,000)
Net cash used in investing activities (23,001,049) (50,050)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from disposal of non-marketable securities 500
Payment of finance lease liabilities (22,685) (11,856)
Net proceeds from issuance of common stock 23,000,000
Advance from director 520,831
Net cash provided by financing activities 23,498,646 (11,856)
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS 15,654 (4,096)
DECREASE IN CASH AND CASH EQUIVALENTS (1,900,171) (2,792,217)
CASH AND CASH EQUIVALENTS, beginning of year 2,040,243 4,832,460
CASH AND CASH EQUIVALENTS, end of year 140,072 2,040,243
SUPPLEMENTAL CASH FLOWS INFORMATION    
Income taxes paid 10,368 24,003
Refund of prepaid tax 21,917 1,681
SUPPLEMENTAL NON-CASH FLOWS INFORMATION    
Motor vehicle acquired through finance lease 65,761
Operating lease right-of-use assets obtained in exchange for lease liabilities $ 5,059