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CREDIT RISKS AND CONCENTRATION
12 Months Ended
Dec. 31, 2025
Risks and Uncertainties [Abstract]  
CREDIT RISKS AND CONCENTRATION

NOTE 12 – CREDIT RISKS AND CONCENTRATION

 

The Company is subject to credit risks on its cash and cash equivalents. The Company mitigates credit risks on cash and cash equivalents by placing cash and cash equivalents with financial institutions of high credit worthiness.

 

During the year ended December 31, 2025, the Company generated 100% revenues from one related party. During the year ended December 31, 2024, the Company generated 25% and 11% of revenues from the top 2 customers, respectively. The Company’s cost of revenues was not material during the year ended December 31, 2025.The Company’s cost of revenues consisted of 95% and 94% purchases from one top vendor for the year ended December 31, 2024.