v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities:    
Net (loss) income $ (1,259,899) $ 266,212
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 63,750 50,784
Stock-based compensation 1,434,750
Interest income from convertible note (49,315)
Gain on disposal of club memberships (2,502)
Changes in operating assets and liabilities:    
Accounts receivable 2,816 (41,948)
Prepaid expenses 326,509 (447,981)
Other current assets 19,999 (21,809)
Inventories 1,449 (3,322)
Deferred tax assets 94,228 133,858
Accounts payable and accrued liabilities (262,210) (90,902)
Contract liabilities - deferred revenue 18,703 63,444
Deferred tax liabilities (3,193) 10,471
Net Cash Provided by (Used in) Operating Activities 385,085 (81,193)
Cash Flows from Investing Activities:    
Short-term investment 6,778
Investment in convertible note (20,000,000)  
Purchase of property and equipment (27,014) (14,924)
Net Cash Used in Investing Activities (20,027,014) (8,146)
Cash Flows from Financing Activities:    
Proceeds from issue of common stocks 8,073,933 10,654,093
Proceeds from exercise of pre-funded warrants and placing agent warrants 601,500
Proceeds from related party loan 30,946 55,485
Repayments to related party loan (212,789) (2,391,645)
Repayments of bank and other borrowings (192,378)
Deferred offering costs (171,180)
Net Cash Provided by Financing Activities 8,493,590 7,954,375
Net change in cash and cash equivalents (11,148,339) 7,865,036
Cash and cash equivalents, beginning of period 28,668,169 457,142
Cash and cash equivalents, end of period 17,519,830 8,322,178
Supplemental cash flow information:    
Cash paid for interest 4,491
Cash paid for taxes
Supplemental non-cash financing activity:    
Prepaid offering costs net off with additional paid-in capital $ 582,679