v3.26.1
LEASES (Tables)
3 Months Ended
Mar. 31, 2026
LEASES  
Schedule of components of lease expenses

For the Three Months Ended

March 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Leases expenses

Operating lease expenses

$

158,225

$

177,763

Short-term lease expenses

21,624

30,366

Total leases expenses

$

179,849

$

208,129

Schedule of Right-of-use assets and weighted average remaining lease terms and discount rates for all operating leases

  ​ ​ ​

March 31, 2026

  ​ ​ ​

December 31, 2025

Right-of-use assets

$

1,023,424

$

1,165,517

Operating lease liabilities – current

$

620,594

$

594,407

Operating lease liabilities – non-current

419,634

584,606

Total operating lease liabilities

$

1,040,228

$

1,179,013

  ​ ​ ​

March 31, 2026

  ​ ​ ​

March 31, 2025

 

Remaining lease term and discount rate:

Weighted average remaining lease term (years)

1.63

2.63

Weighted average discount rate *

4.1

%  

5.2

%

*The Company used weighted average incremental borrowing rate of 4.1% per annum for its lease contracts based on the Company’s current borrowings from various financial institutions.

Schedule by years, of future maturities of lease liabilities

Fiscal Years

  ​ ​ ​

Amount

2026

536,193

2027

503,256

Thereafter

126,976

Total lease payments

1,166,425

Less: imputed interest

(126,197)

Present value of lease liabilities

$

1,040,228