| Schedule of Disaggregated Information of Revenues by Business Lines |
Disaggregated revenue information by business line is presented
below in accordance with ASC 606:
| | |
For
the year ended
December 31, 2025 | | |
For
the year ended
December 31, 2024 | | |
For
the year ended
December 31, 2023 | |
| | |
Amount | | |
Percentage | | |
Amount | | |
Percentage | | |
Amount | | |
Percentage | |
| Commodity
trading | |
| 144,974 | | |
| 93.9 | % | |
| 214,340 | | |
| 92.6 | % | |
| 68,409 | | |
| 74.0 | % |
| Cryptocurrency mining | |
| - | | |
| - | % | |
| 9,258 | | |
| 4.0 | % | |
| 18,898 | | |
| 20.4 | % |
| Hosting
service | |
| 7,501 | | |
| 4.9 | % | |
| 6,506 | | |
| 2.8 | % | |
| 2,365 | | |
| 2.6 | % |
| Other | |
| 1,815 | | |
| 1.2 | % | |
| 1,320 | | |
| 0.6 | % | |
| 2,744 | | |
| 3.0 | % |
| Total | |
| 154,290 | | |
| 100.0 | % | |
| 231,424 | | |
| 100.0 | % | |
| 92,416 | | |
| 100.0 | % |
|
| Schedule of Reportable Segment Revenues |
| |
|
For
the Years Ended December 31, |
|
| |
|
2025 |
|
|
2024 |
|
|
2023 |
|
| Disaggregated
revenues |
|
$ |
154,290 |
|
|
$ |
231,424 |
|
|
$ |
92,416 |
|
| Revenue, net – Commodity
trading |
|
|
144,974 |
|
|
|
214,430 |
|
|
|
68,456 |
|
| Revenue, net –Cryptocurrency
mining |
|
|
- |
|
|
|
9,258 |
|
|
|
18,898 |
|
| Revenue, net – Hosting
services |
|
|
7,501 |
|
|
|
6,506 |
|
|
|
2,365 |
|
| Revenue, net – Others |
|
|
1,815 |
|
|
|
1,320 |
|
|
|
2,744 |
|
| Cost of revenues |
|
|
(152,034 |
) |
|
|
(224,383 |
) |
|
|
(78,234 |
) |
| Cost of revenues-Commodity trading |
|
|
(143,569 |
) |
|
|
(217,257 |
) |
|
|
(68,983 |
) |
| Cost of revenues–Cryptocurrency mining |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Cost of revenues-Hosting services |
|
|
(6,912 |
) |
|
|
(5,967 |
) |
|
|
(6,593 |
) |
| Cost of revenues-Others |
|
|
(1,553 |
) |
|
|
(1,250 |
) |
|
|
(3,290 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Reconciling Items |
|
|
|
|
|
|
|
|
|
|
|
|
| Selling, general and administrative |
|
|
(85,426 |
) |
|
|
(16,960 |
) |
|
|
(7,081 |
) |
| Depreciation and amortization |
|
|
(8,706 |
) |
|
|
(10,904 |
) |
|
|
(4,975 |
) |
| Impairment of intangible assets |
|
|
(6,723 |
) |
|
|
(781 |
) |
|
|
(970 |
) |
| Interest income |
|
|
|
|
|
|
|
|
|
|
- |
|
| Other Income/(expense) |
|
|
1,254 |
|
|
|
5,619 |
|
|
|
(978 |
) |
| Current income tax expense |
|
|
1 |
|
|
|
(242 |
) |
|
|
(631 |
) |
| Net loss |
|
|
(97,344 |
) |
|
|
(16,227 |
) |
|
|
(6,421 |
) |
|