v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss before income tax $ (208,865) $ (198,054)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation of equipment 5,934 2,248
Changes in operating assets and liabilities:    
Accounts receivable (3,102) (129,077)
Contract assets including retainage, net 0 (49,294)
Prepaid expenses and other current assets, net (21,239) 23,662
Amount due from an associate (16,377) (104,447)
Amount due from a related company 58,219 0
Amount due from immediate holding company (1,200) 0
Other receivables 0 (15,384)
Accounts payable (8,461) 110,220
Contract liabilities (80,234) (149,571)
Accrued expenses and other payables 241,505 (242,570)
Amount due to related companies (149,226) (61,413)
Amount due to directors 99,458 0
Notes payable 2,626 2,425
Net cash used in operating activities (80,962) (811,255)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment 0 (2,100)
Net cash used in investing activities 0 (2,100)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from share issuance in a subsidiary 0 669,872
Loan receivable (1,789) (1,846)
Net cash (used in) / provided by financing activities (1,789) 668,026
NET DECREASE IN CASH (82,751) (145,329)
CASH, BEGINNING OF PERIOD 152,786 382,127
CASH, END OF PERIOD $ 70,035 $ 236,798