v3.26.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET

8.      PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consisted of the following:

 

As of December 31,

   

2024

 

2025

Office equipment and furniture

 

$

399,951

 

 

$

532,730

 

Vehicles

 

 

108,575

 

 

 

104,488

 

Total

 

 

508,526

 

 

 

637,218

 

Less: accumulated depreciation

 

 

(209,821

)

 

 

(372,036

)

Total property and equipment, net

 

$

298,705

 

 

$

265,182

 

Depreciation expenses of property and equipment totaled US$120,041, US$250,625 and US$177,938 for the years ended December 31, 2023, 2024 and 2025, respectively. In October 2024, the Group sold the building of Japan Biltech for a gross sales price of US$1,781,754 (JPY280,000,000) and realized US$222,763 gain from disposal of the property. In March 2025, the Group sold the building of Cloud Japan for a gross sales price of US$2,382,919(JPY375,000,000) and realized US$320,716 gain from disposal of the property.