v3.26.1
Acquisition (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Goodwill

Goodwill primarily represents the value of assembled workforce and other intangible assets that cannot be individually identified and recognized as a separate intangible asset under U.S. generally accepted accounting principles and is fully deductible for tax purposes. Goodwill consisted of the following (in $000s):

 

      
Balance at December 31, 2024  $— 
Goodwill on acquisition of Fitters Sdn. Bhd.   1,570 
Balance at December 31, 2025  $1,570 
Schedule of Preliminary Allocation of Purchase Consideration

Schedule of Preliminary Allocation of Purchase Consideration

    - 
Allocation of purchase consideration
     
Common Stock of BGMS (formerly CYCC) Shares O/S as of September 11, 2025   2,798,379 
19.99% of BGMS (formerly CYCC) Shares issued as consideration   699,158 
Stock Price as of September 11, 2025  $6.3650 
Cash consideration  $- 
Total Estimated Purchase Consideration  $4,450,138 
      
Cash and cash equivalents   784,090 
Inventories   1,284,447 
Accounts receivables   715,173 
Prepaid & other current assets   464,129 
Property, plant and equipment, net   129,423 
Trade payables   (416,470)
Accrued and other current liabilities   (31,571)
Non-current liabilities - deferred tax   (48,739)
Goodwill   1,569,656 
      
Total Net Assets Acquired  $4,450,138 
Schedule of Business Acquisitions Pro Forma Information

 

   2025   2024 
   Year ended December 31, 
   2025   2024 
         
Pro forma revenue  $2,080   $2,053 
Pro forma net loss  $(3,191)  $(13,333)
Pro forma net loss per share attributable to common shareholders  $(6.57)  $(602.02)