v3.26.1
Employee Benefit Plans
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Defined Benefit Plan Disclosure [Line Items]    
Employee Benefit Plans  

16. Employee Benefit Plans

 

Pension Plan

 

The Company operates a defined contribution group personal pension plan for all of its UK based employees. Company contributions to the plan totaled approximately $500 and $51,000 for the years ended December 31, 2025 and 2024, respectively.

 

 

401(k) Plan

 

The 401(k) Plan provides for matching contributions by the Company in an amount equal to the lesser of 100% of the employee’s deferral or 6% of the U.S. employee’s qualifying compensation. The 401(k) Plan is intended to qualify under Section 401(k) of the Internal Revenue Code, so that contributions to the 401(k) Plan by employees or by the Company, and the investment earnings thereon, are not taxable to the employees until withdrawn. Company matching contributions are tax deductible by the Company when made. In 2025, Company employees could elect to reduce their current compensation by up to the statutorily prescribed annual limit of $23,500 if under 50 years old and $31,000 if over 50 years old and to have those funds contributed to the 401(k) Plan. The Company made contributions of approximately $333 and $40,000 to the 401(k) Plan for the years ended December 31, 2025 and 2024, respectively.

 

Future NRG Sdn. Bhd. [Member]    
Defined Benefit Plan Disclosure [Line Items]    
Employee Benefit Plans

16. EMPLOYEE BENEFIT PLANS

 

Statutory defined contribution plans in Malaysia per the Employees Provident Fund Act 1991 (EPF), Social Security Organization Act 1969 (SOCSO), Employment Insurance System Act 2017 (EIS), and Human Resource Development Corporation Act 2001 (HRDC):

 

  

Mar 31, 2026

(USD)

 
EPF contributions   7,083 
SOCSO contributions   766 
EIS contributions   88 
HRDC contributions   550 
Total statutory contribution expense   8,487 

 

15. EMPLOYEE BENEFIT PLANS

 

Included in the compensation and benefits included in operating cost of USD 97,826 (FY 2024 : USD86,105) are statutory defined contribution of USD 11,706 (FY2024: USD10,619). The statutory defined contribution plans for its employees in Malaysia include contributions to the Employees Provident Fund (“EPF”), Social Security Organization (“SOCSO”), Employment Insurance System (“EIS”), and Human Resource Development Fund (“HRDF”) as follows:.

 

   Note  2025   2024 
      (USD)   (USD) 
Employee contributions:             
EPF      9,345    5,176 
SOCSO      1,013    650 
EIS      116    74 
HRDF      728    373 
Total employee benefit plan expense      11,201    6,272 
              
Director statutory contributions:             
EPF      474    3,781 
SOCSO      14    244 
EIS      2    28 
HRDF      15    295 
Total director statutory contributions      505    4,347