| Note 4 - Other receivables and other current assets, net |
Note 4 – Other receivables and other current assets, net
|
| As of
December 31,
2025
|
|
| As of
December 31,
2024
|
Due from third parties
|
| $
| 478,537
|
|
| $
| 370,262
|
Deductible value-added tax
|
|
| 172,260
|
|
|
| 385,494
|
Refundable deposits
|
|
| 14,760
|
|
|
| 30,543
|
Allowance for credit losses
|
|
| (320,155)
|
|
|
| (278,776)
|
Total other receivables and other current assets, net
|
| $
| 345,402
|
|
| $
| 507,523
|
Movements of allowance for credit losses of other receivables and other current assets are as follows:
|
| For the Years Ended December 31,
|
|
| 2025
|
|
| 2024
|
|
| 2023
|
|
|
|
|
|
|
|
|
|
|
Beginning balance
|
| $
| 278,776
|
|
| $
| 252,947
|
|
| $
| 239,594
|
Addition
|
|
| 28,384
|
|
|
| 38,690
|
|
|
| 20,247
|
Exchange rate effect
|
|
| 12,995
|
|
|
| (12,861)
|
|
|
| (6,894)
|
Ending balance
|
| $
| 320,155
|
|
| $
| 278,776
|
|
| $
| 252,947
|
|