v3.26.1
Variable Interest Entity (Tables)
12 Months Ended
Dec. 31, 2025
Variable Interest Entity [Abstract]  
Schedule of Carrying Amount of the Assets and Liabilities

The carrying amount of the assets and liabilities are as follows:

 

   As of
December 31,
2025
 
Cash  $6,155 
Property and equipment, net   4,047,226 
Total assets  $4,053,381 
      
Current portion of long-term debt  $86,928 
Long-term debt, net of current portion   2,608,062 
Accrued expenses   8,103 
Intercompany payable to Visiontech   1,289,757 
Total liabilities  $3,992,850 
Schedule of Operating Results of VIE Included in the Consolidated Statements of Operations

The operating results of VIE included in the consolidated statements of operations are as follows for the period indicated:

 

    For the
year ended
December 31,
2025
 
Revenue*  $332,842 
Selling, general and administrative   136,082 
Interest expense   98,116 
Income tax   1,700 
Net income  $96,944 

 

* Upland generated its revenue from leasing the warehouse to Visiontech. Revenue of Upland was fully eliminated on the consolidated statements of operations.