v3.26.1
Lease (Tables)
3 Months Ended
Mar. 31, 2026
Lease  
Schedule of Lease Cost

Operating lease expense for the three months ended March 31, 2026 and 2025 was as follows:

 

   2026   2025 
           
Operating lease cost – straight line  $174,413   $193,690 
Schedule of Operating Lease Liability Maturity

The following is a schedule, by years, of maturities of operating lease liabilities as of March 31, 2026:

 

   Operating Leases 
2026  $419,174 
Thereafter   - 
Total undiscounted cash flows   419,174 
Less: imputed interest   (3,496)
Present value of lease liabilities   415,678 
Schedule of Lease Term and Discount Rate

 

   March 31, 2026 
Weighted-average remaining lease term – years     
Operating leases – USA   0.59 
      
Weighted-average discount rate (%)     
Operating leases – USA   3.36 
Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases where the Company was the lessee for the three months ended March 31, 2026 and 2025 was as follows:

 

   2026   2025 
           
Operating cash outflows from operating leases  $175,619   $186,413 
Schedule of Finance Lease Expenses

Finance lease expense for the three months ended March 31, 2026 and 2025 was as follows:

 

   2026   2025 
           
Finance lease cost – straight line  $5,545   $11,251 
Schedule of Finance Lease Liabilities

The following is a schedule, by years, of maturities of finance lease liabilities as of March 31:

 

   Finance Leases 
2026  $16,635 
2027   20,332 
Thereafter   - 
Total undiscounted cash flows   36,967 
Less: imputed interest   (1,556)
Present value of lease liabilities   35,411 
Less: Finance lease liabilities - current   20,858 
Finance lease liabilities - non-current   14,553 
Schedule of Finance Lease Term and Discount Rate

 

   March 31,
2026
 
Weighted-average remaining lease term – years     
Finance leases – USA   1.65 
      
Weighted-average discount rate (%)     
Finance leases – USA   5.49 
Schedule of Supplemental Finance Cash Flow Information Related to Leases

Supplemental cash flow information related to leases where the Company was the lessee for the three months ended March 31, 2026 and 2025 was as follows:

 

   2026   2025 
           
Operating cash outflows from finance leases  $5,545   $11,251