v3.26.1
Income Taxes (Tables)
3 Months Ended
Mar. 31, 2026
Income Taxes [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation

For the three months ended March 31, 2026 and 2025, the Company did not incur income tax expenses. Below is a reconciliation of the statutory tax rate to the effective tax rate:

 

   March 31,
2026
   December 31,
2025
 
BVI statutory income tax rate  $0%  $0%
Effect of different income tax rates in other jurisdictions   1%   1.1%
Effect of changes in valuation allowance   (1)%   (1.1)%
Effective tax rate  $0%  $0%
Schedule of Deferred Tax Assets and Liabilities

Deferred tax assets and deferred tax liabilities as of March 31, 2026 and December 31, 2025 consist of the following:

 

   March 31,
2026
   December 31,
2025
 
Net operating losses carryforwards  $37,792   $32,885 
Less: valuation allowance   (37,792)   (32,885)
Total deferred tax assets  $
   $