v3.26.1
RELATED PARTY BALANCES AND TRANSACTIONS (Tables)
 3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
SCHEDULE OF RELATED PARTY TRANSACTIONS

During the three months ended March 31, 2026 and 2025, related party transactions had the following impact on income (loss) before income tax:

 SCHEDULE OF RELATED PARTY TRANSACTIONS

   2026   2025 
Related Party Transactions  Income (loss) before income tax 
Income Statement  Three months ended 
   March 31, 
   2026   2025 
Revenue share – related party (Kami)  $756,008   $570,588 
Product revenue - related party (Kami)   -    134 
Product revenue - related party (ZKCam)   135,364    - 
Product revenue - related party (Xiaoyun)   517    - 
Product revenue - related party (Yishijue)   667    - 
Intelligent Information Service (Kami)   157,382    - 
AI Service Sharing (Kami)   32,660    - 
Product cost - related party (Senslab)   (140,802)   (909,624)
General and administrative expenses - Consulting fee-related party (Kami)   (33,611)   (74,486)
General and administrative expenses - Stockholder’s business travel expense (Sean)   (21,736)   (25,800)
General and administrative expenses - Financial consulting fee (Ants)   (15,000)   (15,000)
Other income - Marketing incentive subsidy income (Kami)   -    683,898 
Total impact on income (loss) before income tax  $871,449   $229,710 
% of income (loss) before income tax   608%   N/M%

 

 

Related Party Balances

 

As of March 31, 2026 and December 31, 2025, balances with related parties were as follows.

 

Balance Sheet  Ants   Senslab SH   Senslab HK   ZKCam   Kami   Sean Da  

Yi

shijue

  

Xiao

Yun

   Total 
Related Party Transactions  As of March 31, 2026 
Balance Sheet  Ants   Senslab SH   Senslab HK   ZKCam   Kami   Sean Da  

Yi

shijue

  

Xiao

Yun

   Total 
Accounts receivable - related party  $-   $-   $-   $569,252   $2,544,441   $-   $667   $517   $3,114,877 
Other receivable - related party, net   4,872    37,005         -         146,979         4,143    192,999 
Including:                                           - 
Other receivable - related party   4,872    37,005         -         146,979    -    4,143    192,999 
Prepayment - related party   51,844    -         -    -    -    -         51,844 
Advance to suppliers – related party   -    -    21,387    -    -    -    -         21,387 
Accounts payable - related party   1,799    -         -    -    -    -         1,799 
Other payable - related party   -    -         -    -    -    1,786         1,786 

 

Balance Sheet   Ants     Senslab SH     Senslab HK     Xiaoyun    

 

ZKCam

     Kami     Sean Da     Total  
Related Party Transactions   As of December 31, 2025  
Balance Sheet   Ants     Senslab SH     Senslab HK     Xiaoyun    

 

ZKCam

     Kami     Sean Da     Total  
Accounts receivable - related party   $ -      $ -     $ -             $ 433,888     $ 1,632,002     $ -     $ 2,065,890  
Other receivable - related party, net     4,872       26,406               4,035       -       -       440,596       475,909  
Including:             -       -                               -       -  
Other receivable - related party     4,872       26,406               4,035       -       -       440,596       475,909  
Advance to suppliers – related party                     21,387       -       -                       21,387  
Prepayment - related party     66,844       -       -               -       -       -       66,844  

 

 

Specifically, transactions with each related party presented in the above tables are as follows:

 

Senslab HK Limited and Senslab Technology Co., Ltd

 

   Balance  

% of

Total

Assets

   Balance  

% of

Total

Assets

 
   March 31,   December 31, 
   2026   2025 
   Balance  

% of

Total

Assets

   Balance  

% of

Total

Assets

 
Advance to suppliers - related party (Senslab HK)  $21,387    0%  $21,387    0%
Other receivable - related party (Senslab SH)   37,005    0%   26,406    0%
Total  $58,392    1%  $47,793    0%

 

   Balance  

% of

Total

Assets

   Balance  

% of

Total

Assets

 
   March 31,   December 31, 
   2026   2025 
   Balance  

% of

Total

Liability

   Balance  

% of

Total

Liability

 
Accounts payable - related party (Senslab HK)  $        -         -%  $      -         -%
Accounts payable - related party (Senslab SH)   -    -%   -    -%
Total  $-    -%  $-    -%
 

Ants Technology (HK) Limited

 

   Balance  

% of

Total

Asset

   Balance  

% of

Total

Asset

 
   March 31,   December 31, 
   2026   2025 
   Balance  

% of

Total

Asset

   Balance  

% of

Total

Asset

 
Prepayment - related party  $51,844    0%  $66,844    1%
Other receivable - related party   4,872    0%   4,872    0%
Total  $56,716    1%  $71,716    1%

 

   Balance  

% of

Total

Asset

   Balance  

% of

Total

Asset

 
   March 31,   December 31, 
   2026   2025 
   Balance  

% of

Total

liabilities

   Balance  

% of

Total

liabilities

 
Accounts Payable-related party  $1,799    1%  $       -          -%
Total  $1,799    1%  $-    -%
  
   Balance   % of Total Asset   Balance   % of Total Asset 
   March 31,   December 31, 
   2026   2025 
   Balance   % of Total Asset   Balance   % of Total Asset 
Other receivable – related party   146,979    1%   440,596    0%
Total  $146,979    1%  $440,596    0%

 

ZKCam Technology Limited

 

   Balance   % of Total Asset   Balance   % of Total Asset 
   March 31,   December 31, 
   2026   2025 
   Balance   % of Total Assets   Balance   % of Total Assets 
Accounts receivable - related party  $569,252    5%  $433,888    3%
Total  $569,252    5%  $433,888    3%
  

Shanghai Xiaoyun Technology Co., Ltd.

 

   Balance   % of Total Assets   Balance   % of Total Assets 
   March 31,   December 31, 
   2026   2025 
   Balance   % of Total Assets   Balance   % of Total Assets 
Other receivable - related party  $4,143    0%  $4,035   0%
Accounts Receivable - related party  $517    0%  $-   -%
Total  $4,660    0%  $     4,035   0%
  

Kunshan Ant Vision Electronic Technology Co., Ltd

 

   Balance   % of Total Assets   Balance   % of Total Assets 
   March 31,   December 31, 
   2026 2025 
   Balance   % of Total Assets   Balance   % of Total Assets 
Accounts Receivable - related party  $667    1%  $-    -%
Total   667    1%  $ -    -%

 

   Balance   % of Total Assets   Balance   % of Total Assets 
   March 31,   December 31, 
   2026   2025 
   Balance   % of Total Liabilities   Balance   % of Total Libilities 
Other payable - related party  $1,786    1%  $-    -%
Total  $1,786    1%  $-    -%
 
SCHEDULE OF OTHER RECEIVABLE - RELATED PARTY

The following table presents the movement of “other receivable – related party” balances due from Ants:

 

   March 31,   December 31, 
   2026   2025 
         
Balance at the beginning of the period  $4,872   $1,790,009 
           
Repayment from Ants (1)   -    (1,790,009)
Inventory Transfer /(Procurement) (2)   -    4,872 
Balance at the end of the period  $4,872   $4,872 

 

  (1) Prior to April 2022, Ants collected payments from Amazon customers on behalf of the Company. Beginning in April 2022, the Company obtained direct access to the third-party cross-border payment platform and began receiving customer payments directly. Accordingly, amounts previously held by Ants were repaid to the Company.
     
  (2) Inventory-related movements reflect transfers and procurement arrangements between the Company and Ants. During March 31, 2026 and 2025, such activities resulted in net increases of $nil and $4,872, respectively, to the related-party receivable balance.
SCHEDULE OF ANNUAL SUBSCRIPTIONS REVENUES

On July 1, 2025, the Company entered into an amended agreement with Kami to revise the revenue-sharing percentages applicable to subscription revenues from referred customers. The amended terms apply prospectively and do not affect revenue recognized prior to the modification date.

 

Annual subscription periods  Percentage basis 
  

Inception through

June 30, 2025

   From July 1, 2025 Onwards 
First year during which an end user starts the cloud service subscription from Kami   30%   30%
Second year during which an end user continues the cloud service   15%   30%
Third year and thereafter during which an end user continues the service subscription from Kami   0%   30%