v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Accounting Policies [Abstract]    
SCHEDULE OF FOREIGN CURRENCY TRANSLATION

For the three months ended March 31, 2026, the Company used the following exchange rates for its Vietnam subsidiary:

 

Period ended March 31, 2026          
Balance sheet, except for equity accounts  ₫26,237    VND to $1 USD 
Income statement and cash flows  ₫26,167    VND to $1 USD 
Balance sheet, except for equity accounts   ￥ 7.2606       RMB to $1 USD  
Income statement and cash flows   ￥ 7.2757       RMB to $1 USD  
 

 

Period ended November 30, 2025        
Balance sheet, except for equity accounts  ¥7.0751   RMB to $1 USD
Income statement and cash flows  ¥7.1300   RMB to $1 USD
         
Year ended December 31, 2024        
Balance sheet, except for equity accounts  ¥7.2994   RMB to $1 USD
Income statement and cash flows  ¥7.1887   RMB to $1 USD
SCHEDULE OF REVENUE

The Company generated revenues of $1,184,616 and $1,792,525 for the three months ended March 31, 2026 and 2025, respectively.

 

   2026   2025 
   Three months ended 
   March 31, 
   2026   2025 
Revenues        
Product revenue  $102,018   $1,221,803 
Product revenue - related party   136,548    134 
Revenue share - related party   756,008    570,588 
Intelligent Information Service - related party   157,382    - 
AI Service Sharing - related party   32,660    - 
Total revenues  $1,184,616   $1,792,525 

The Company generated revenues of $5,980,847 and $10,200,957 for the years ended December 31, 2025 and 2024, respectively.

 

           
   Years ended 
   December 31, 
   2025   2024 
Revenues          
Product revenue  $2,346,474   $7,439,899 
Product revenue - related party   515,756    6,270 
Revenue share – related party   2,895,956    2,754,788 
Intelligent Information Service – related party   222,661    - 
Total revenues  $5,980,847   $10,200,957 
SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED

Basic and diluted earnings per share were calculated as follows:

 

  

Three Months Ended

March 31, 2026

   

Three Months Ended

March 31, 2025

  
Basic earnings per share:             
Net income (loss)  $145,601    $ (77,177 )
Less: income allocated to participating securities  $

(28,816

)   $ -  
Net income (loss) allocated to common stockholders  $

116,785

    $ (77,177 )
Weighted-average shares outstanding – basic   22,596,196      18,000,000  
Earnings per share – basic  $0.01    $ (0.00 )
Diluted earnings per share        
Net income (loss)  $145,601   $(77,177)
Weighted-average shares outstanding – diluted   24,810,555    18,000,000 
Earnings per share – diluted  $0.01   $(0.00)
  
SCHEDULE OF ROLL FORWARD OF LEVEL 3 FINANCIAL LIABILITIES (PIPE WARRANT LIABILITY)

 

The following table presents a roll forward of the Company’s Level 3 financial liabilities (PIPE Warrant liability) for the year ended December 31, 2025:

 

Description  Amount ($) 
Beginning balance, January 1, 2025   - 
Initial recognition at Closing Date (December 9, 2025)   13,798,400 
Change in fair value of PIPE Warrant liability (December 30, 2025)   16,759,729 
Reclassification to equity (December 30, 2025)   (30,558,129)
Ending balance, December 31, 2025   - 
SCHEDULE OF RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

The impact of the revision to record the omitted professional fee accruals on the Company’s previously reported consolidated balance sheet as of December 31, 2025 was as follows:

 

   As Previously Reported   Adjustment   As Revised 
Accrued and other liabilities  $592,822   $109,022   $701,844 
Accumulated deficit  $(27,229,088)  $(109,022)  $(27,338,110)

The following tables present the effects of the restatement on the Company’s previously issued consolidated financial statements as of and for the year ended December 31, 2025.

 

Consolidated Balance Sheet

 

   Previously   Adjustment   As Restated 
As of December 31, 2025  As Previously Reported   Adjustment   As Restated 
Accrued and other liabilities  $592,822   $109,022   $701,844 
Total current liabilities   686,821    109,022    795,843 
Total liabilities   746,384    109,022    855,406 
Accumulated deficit   (27,229,088)   (109,022)   (27,338,110)
Total stockholders’ equity   10,426,202    (109,022)   10,317,180 
Total liabilities and stockholders’ equity  $11,172,586   $—   $11,172,586 

 

Consolidated Statement of Operations and Comprehensive Loss

 

   Previously   Adjustment   As Restated 
Year Ended December 31, 2025  As Previously Reported   Adjustment   As Restated 
General and administrative expenses  $2,687,250   $109,022   $2,796,272 
Total operating expenses   3,358,314    109,022    3,467,336 
Loss from operations   (505,166)   (109,022)   (614,188)
Loss before income taxes   (24,812,691)   (109,022)   (24,921,713)
Net loss   (24,817,342)   (109,022)   (24,926,364)
Total comprehensive loss  $(24,817,342)  $(109,022)  $(24,926,364)

 

Consolidated Statement of Changes in Stockholders’ Equity

 

   Previously   Adjustment   As Restated 
Year Ended December 31, 2025  As Previously Reported   Adjustment   As Restated 
Net loss  $(24,817,342)  $(109,022)  $(24,926,364)
Accumulated deficit, December 31, 2025   (27,229,088)   (109,022)   (27,338,110)
Total stockholders’ equity, December 31, 2025  $10,426,202   $(109,022)  $10,317,180 

 

Consolidated Statement of Cash Flows

 

   Previously   Adjustment   As Restated 
Year Ended December 31, 2025  As Previously Reported   Adjustment   As Restated 
Net loss  $(24,817,342)  $(109,022)  $(24,926,364)
Accrued and other liabilities   373,007    109,022    482,029 
Net cash used in operating activities  $(5,555,840)  $—   $(5,555,840)
SCHEDULE OF COMPANY AND ITS SUBSIDIARIES AND CONSOLIDATED ENTITIES

The Company and its consolidated subsidiaries as of March 31, 2026 are as follows:

 

Company Name   Date of Incorporation   Place of Incorporation   Ownership Interest   Principal Activities
AMC Robotics Corporation (F/K/A AlphaVest Acquisition Corp.)   January 14, 2022   Delaware, USA    -   Public holding company
AMC Corporation   October 21, 2021   Washington, USA   100%   Sale of security camera products
AMCV Company Limited   January 5, 2026   Vietnam   100%   Manufacturing and operational support

The Company and its subsidiaries and consolidated entities as of December 31, 2025 are as follows:

 

Company Name

   Date of Incorporation   Place of Incorporation   Ownership Interest   Principal Activities
AMC Robotics Corporation (F/K/A AlphaVest Acquisition Corp.)   January 14, 2022   Delaware, USA   —   Public holding company
AMC Corporation   October 21, 2021   Washington, USA   100%   Sale of security camera products
Shanghai Xiaoyun Technology Limited   July 16, 2020   China   VIE (1)   E-commerce platform account holding
Kunshan Yishijue Technology Limited   January 11, 2021   China   VIE (1)   E-commerce platform account holding

 

(1)The Company was the primary beneficiary and historically consolidated these entities as Variable Interest Entities (“VIEs”), as defined in ASC 810 as entities in which equity investors lack a controlling financial interest, but terminated the contractual arrangements with Shanghai Xiaoyun Technology Limited and Kunshan Yishijue Technology Limited on December 1, 2025 and, accordingly, deconsolidated these entities as of that date.