v3.26.1
Accounts Receivable (Tables)
12 Months Ended
Dec. 31, 2025
Accounts Receivable [Abstract]  
Schedule of Accounts Receivable
   2025   2024 
   US$   US$ 
         
Accounts receivable   18,864,241    13,644,371 
Allowance for expected credit losses   (118,669)   (106,475)
           
Net carrying amount   18,745,572    13,537,896 
Schedule of Movements in the Allowance for Expected Credit Losses

The movements in the allowance for expected credit losses are as follows:

 

   2025   2024 
   US$   US$ 
         
At January 1   106,475    109,651 
Provision for expected credit losses   26,324    112,122 
Write off   (11,683)   (112,246)
Exchange realignment   (2,447)   (3,052)
           
At December 31   118,669    106,475 
Schedule of Information About the Credit Risk Exposure on the Group’s Accounts Receivable using a Provision Matrix

Set out below is the information about the credit risk exposure on the Group’s accounts receivable using a provision matrix:

 

   Expected   Gross   Expected 
   credit   carrying   credit 
   loss rate   amount   loss 
   %   US$   US$ 
             
As at December 31, 2025            
Current to 6 months past due   0.05%   18,602,300    9,244 
6 months to 12 months past due   1.79%   54,828    980 
Over 12 months past due   52.36%   207,113    108,445 
                
    0.63%   18,864,241    118,669 
                
As at December 31, 2024               
Current to 6 months past due   0.22%   13,219,385    28,796 
6 months to 12 months past due   7.19%   333,152    23,964 
Over 12 months past due   58.49%   91,834    53,715 
                
    0.78%   13,644,371    106,475