v3.26.1
Loss Before Tax - Schedule of Loss Before Tax (Details) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Schedule of Loss Before Tax [Abstract]      
Amortization of development costs (included in technology costs) $ 103,513 $ 3,021,933 $ 6,202,250
Depreciation of property and equipment (included in general, administrative and other operating expenses [1] 165,847 309,033 218,471
Depreciation of right-of-use assets (included in general, administrative and other operating expenses [1] 743,146 712,003 743,956
Salaries, allowances and other benefits 14,099,846 20,310,898 18,392,916
Equity-settled share-based payment expense 1,288,714 3,179,214 6,629,044
Other long-term employee benefits expense/(credit) 109,702
Pension scheme contributions (defined contribution scheme) 895,286 1,322,973 1,179,399
Retirement benefits expense 62,602 79,131 56,672
Amount capitalized (105,473) (677,370) (1,357,537)
Government grant recognized [2] (50,731) (64,232) (78,703)
Total Employee benefit expense 16,190,244 24,150,614 24,931,493
Lease payments not included in measurement of lease liabilities (included in general, administrative and other operating expenses) 11,002 11,126 42,931
Provision for expected credit losses 26,324 112,122 3,757
Written off/Impairment of intangible assets (included in general, administrative and other operating expenses) 1,193,246 4,541,074 3,105,507
Changes in fair value of other derivative financial instruments (included in changes in fair value of financial instruments) 9,536,904
Changes in fair value of warrant liabilities (included in changes in fair value of financial instruments) (262,830) (446,811) 47,796,528
Other equity-settled transactions (included in general, administrative and other operating expenses) 500,000
Gain on disposal of items of property and equipment, net (included in other income) (1,438) (7,068) (3,690)
Gain on disposal of assets in Malaysian operations (included in other income/expenses) (600,000)
Reversal of provision for expected credit losses (1,558)
Foreign exchange differences, net (4,818,410) 4,783,117 (656,605)
Cost of revenue (included impairment of other asset of US$316,113,(2024: nil, 2023: nil)) $ 37,283,631 $ 46,179,969 $ 43,929,982
[1] For the year ended December 31, 2025, other than these depreciation, general, administrative and other operating expenses mainly include legal and professional fees of US$3,224,000, written off/impairment of intangible assets of US$1,193,246, insurance costs of US$734,593, investor relation costs of US$565,982 and other office and corporate cost.
[2] Various government grants have been received for employment support schemes in related to job support schemes.