v3.26.1
Accounts receivable, net (Tables)
 6 Months Ended
Jun. 30, 2025
Credit Loss [Abstract]  
Schedule of accounts receivable, net

Accounts receivable, net consist of the following:

 

         
   As of 
  

June 30,

2025

   December 31,
2024		 
   (Unaudited)   (Audited) 
Accounts receivable  $29,942,050   $21,808,030 
Allowance for doubtful accounts   (1,570,348)   (1,486,333)
Total, net  $28,371,702   $20,321,697 
Schedule of aging analysis of accounts receivable

As of the end of each of the financial year, the aging analysis of accounts receivable, net of allowance for expected credit loss, based on the invoice date is as follows:

 

         
   As of 
  

June 30,

2025

   December 31,
2024		 
   (Unaudited)   (Audited) 
Within 90 days  $11,898,706   $7,998,811 
Between 91 and 180 days   1,636,109    11,774,674 
Between 181 and 365 days   5,095,824    529,797 
More than 365 days   9,741,063    18,415 
Total, net  $28,371,702   $20,321,697 
Schedule of movement of allowances for expected credit loss

The movement of allowances for expected credit loss is as follow:

 

         
   As of 
  

June 30,

2025

   December 31,
2024		 
   (Unaudited)   (Audited) 
Balance at January 1, 2025 and 2024  $1,486,333   $1,371,341 
Addition   807    69,474 
Foreign exchange difference   83,208    45,518 
Balance at June 30, 2025 and December 31, 2024  $1,570,348   $1,486,333