v3.26.1
RELATED PARTY BALANCES AND TRANSACTIONS (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Related Party Transactions [Abstract]    
SCHEDULE OF RELATED PARTY TRANSACTIONS

During the three months ended March 31, 2026 and 2025, related party transactions had the following impact on income (loss) before income tax:

 SCHEDULE OF RELATED PARTY TRANSACTIONS

   2026   2025 
Related Party Transactions  Income (loss) before income tax 
Income Statement  Three months ended 
   March 31, 
   2026   2025 
Revenue share – related party (Kami)  $756,008   $570,588 
Product revenue - related party (Kami)   -    134 
Product revenue - related party (ZKCam)   135,364    - 
Product revenue - related party (Xiaoyun)   517    - 
Product revenue - related party (Yishijue)   667    - 
Intelligent Information Service (Kami)   157,382    - 
AI Service Sharing (Kami)   32,660    - 
Product cost - related party (Senslab)   (140,802)   (909,624)
General and administrative expenses - Consulting fee-related party (Kami)   (33,611)   (74,486)
General and administrative expenses - Stockholder’s business travel expense (Sean)   (21,736)   (25,800)
General and administrative expenses - Financial consulting fee (Ants)   (15,000)   (15,000)
Other income - Marketing incentive subsidy income (Kami)   -    683,898 
Total impact on income (loss) before income tax  $871,449   $229,710 
% of income (loss) before income tax   608%   N/M%

 

 

Related Party Balances

 

As of March 31, 2026 and December 31, 2025, balances with related parties were as follows.

 

Balance Sheet  Ants   Senslab SH   Senslab HK   ZKCam   Kami   Sean Da  

Yi

shijue

  

Xiao

Yun

   Total 
Related Party Transactions  As of March 31, 2026 
Balance Sheet  Ants   Senslab SH   Senslab HK   ZKCam   Kami   Sean Da  

Yi

shijue

  

Xiao

Yun

   Total 
Accounts receivable - related party  $-   $-   $-   $569,252   $2,544,441   $-   $667   $517   $3,114,877 
Other receivable - related party, net   4,872    37,005         -         146,979         4,143    192,999 
Including:                                           - 
Other receivable - related party   4,872    37,005         -         146,979    -    4,143    192,999 
Prepayment - related party   51,844    -         -    -    -    -         51,844 
Advance to suppliers – related party   -    -    21,387    -    -    -    -         21,387 
Accounts payable - related party   1,799    -         -    -    -    -         1,799 
Other payable - related party   -    -         -    -    -    1,786         1,786 

 

Balance Sheet   Ants     Senslab SH     Senslab HK     Xiaoyun    

 

ZKCam

     Kami     Sean Da     Total  
Related Party Transactions   As of December 31, 2025  
Balance Sheet   Ants     Senslab SH     Senslab HK     Xiaoyun    

 

ZKCam

     Kami     Sean Da     Total  
Accounts receivable - related party   $ -      $ -     $ -             $ 433,888     $ 1,632,002     $ -     $ 2,065,890  
Other receivable - related party, net     4,872       26,406               4,035       -       -       440,596       475,909  
Including:             -       -                               -       -  
Other receivable - related party     4,872       26,406               4,035       -       -       440,596       475,909  
Advance to suppliers – related party                     21,387       -       -                       21,387  
Prepayment - related party     66,844       -       -               -       -       -       66,844  

 

 

Specifically, transactions with each related party presented in the above tables are as follows:

 

Senslab HK Limited and Senslab Technology Co., Ltd

 

   Balance  

% of

Total

Assets

   Balance  

% of

Total

Assets

 
   March 31,   December 31, 
   2026   2025 
   Balance  

% of

Total

Assets

   Balance  

% of

Total

Assets

 
Advance to suppliers - related party (Senslab HK)  $21,387    0%  $21,387    0%
Other receivable - related party (Senslab SH)   37,005    0%   26,406    0%
Total  $58,392    1%  $47,793    0%

 

   Balance  

% of

Total

Assets

   Balance  

% of

Total

Assets

 
   March 31,   December 31, 
   2026   2025 
   Balance  

% of

Total

Liability

   Balance  

% of

Total

Liability

 
Accounts payable - related party (Senslab HK)  $        -         -%  $      -         -%
Accounts payable - related party (Senslab SH)   -    -%   -    -%
Total  $-    -%  $-    -%
 

Ants Technology (HK) Limited

 

   Balance  

% of

Total

Asset

   Balance  

% of

Total

Asset

 
   March 31,   December 31, 
   2026   2025 
   Balance  

% of

Total

Asset

   Balance  

% of

Total

Asset

 
Prepayment - related party  $51,844    0%  $66,844    1%
Other receivable - related party   4,872    0%   4,872    0%
Total  $56,716    1%  $71,716    1%

 

   Balance  

% of

Total

Asset

   Balance  

% of

Total

Asset

 
   March 31,   December 31, 
   2026   2025 
   Balance  

% of

Total

liabilities

   Balance  

% of

Total

liabilities

 
Accounts Payable-related party  $1,799    1%  $       -          -%
Total  $1,799    1%  $-    -%
  
   Balance   % of Total Asset   Balance   % of Total Asset 
   March 31,   December 31, 
   2026   2025 
   Balance   % of Total Asset   Balance   % of Total Asset 
Other receivable – related party   146,979    1%   440,596    0%
Total  $146,979    1%  $440,596    0%

 

ZKCam Technology Limited

 

   Balance   % of Total Asset   Balance   % of Total Asset 
   March 31,   December 31, 
   2026   2025 
   Balance   % of Total Assets   Balance   % of Total Assets 
Accounts receivable - related party  $569,252    5%  $433,888    3%
Total  $569,252    5%  $433,888    3%
  

Shanghai Xiaoyun Technology Co., Ltd.

 

   Balance   % of Total Assets   Balance   % of Total Assets 
   March 31,   December 31, 
   2026   2025 
   Balance   % of Total Assets   Balance   % of Total Assets 
Other receivable - related party  $4,143    0%  $4,035   0%
Accounts Receivable - related party  $517    0%  $-   -%
Total  $4,660    0%  $     4,035   0%
  

Kunshan Ant Vision Electronic Technology Co., Ltd

 

   Balance   % of Total Assets   Balance   % of Total Assets 
   March 31,   December 31, 
   2026 2025 
   Balance   % of Total Assets   Balance   % of Total Assets 
Accounts Receivable - related party  $667    1%  $-    -%
Total   667    1%  $ -    -%

 

   Balance   % of Total Assets   Balance   % of Total Assets 
   March 31,   December 31, 
   2026   2025 
   Balance   % of Total Liabilities   Balance   % of Total Libilities 
Other payable - related party  $1,786    1%  $-    -%
Total  $1,786    1%  $-    -%
 

During the years ended December 31, 2025 and 2024, related party transactions had the following impact on income (loss) before income tax:

 

       
Related Party Transactions  Impact on pre-tax income (loss) 
Income Statement  Years ended 
   December 31, 
   2025   2024 
Revenue share – related party (Kami)  $3,118,617   $2,754,788 
Product revenue - related party (Kami)   3,833    6,270 
Product revenue - related party (ZKCam)   511,922    - 
Product cost - related party (Senslab)   (2,223,113)   (6,002,463)
(Provision)/reversal for credit losses (Ants)   -    1,262,146 
General and administrative expenses - Consulting fee-related party (Kami)   (234,912)   (334,317)
General and administrative expenses - Stockholder’s business travel expense (Sean)   (91,655)   - 
General and administrative expenses - Financial consulting fee (Ants)   (60,000)   (60,000)
Other income - Marketing incentive subsidy income (Kami)   1,217,586    1,779,528 
Interest expense (Ants)   -    (18,999)
Total impact on pre-tax loss  $2,242,278   $(613,047)
% of pre-tax income (loss)   306%   80%

 

As of December 31, 2025 and 2024, balances with related parties were as follows.

 

                                 
Related Party Transactions      As of December 31, 2025 
Balance Sheet  Ants   Senslab SH   Senslab HK   Xiaoyun  

 

 

ZKCam

   Kami   Sean Da   Total 
Accounts receivable - related party  $    $-   $-        $433,888   $1,632,002   $-   $2,065,890 
Other receivable - related party, net   4,872    26,406         4,035    -    -    440,596    475,909 
Including:        -    -                  -    - 
Other receivable - related party   4,872    26,406         4,035    -    -    440,596    475,909 
Advance to suppliers – related party   

         21,387    -    -              

21,387

 
Prepayment - related party   66,844    -    -         -    -    -    66,844 

 

                             
Related Party Transactions  As of December 31, 2024 
Balance Sheet  Ants   Senslab SH   Senslab HK   Kami   Sean Da   Yunyizhilian   Total 
Accounts receivable - related party  $-   $-   $-   $190,168   $-   $-   $190,168 
Other receivable - related party, net   1,790,009    -    -    169,833    -    -    1,959,842 
Including:             -                   - 
Other receivable - related party   1,790,009    -    -    169,833    -    -    1,959,842 
Note receivable - stockholder   -    -    -    -    15,862    -    15,862 
Prepayment - related party   126,965    -    -    -    -    -    126,965 
Accounts payable - related party   -    6,258,235    2,285,008    -    -    -    8,543,243 
Other payable - related party   -    -    -    -    -    6,269    6,269 
  

Senslab HK Limited and Senslab Technology Co., Ltd

 

      % of Total Liability      % of Total Liability 
   December 31,   December 31, 
   2025   2024 
   Balance   % of Total Assets   Balance   % of Total Assets 
Advance to suppliers - related party (Senslab HK)  $21,387       1%  $     -        -%
Other receivable - related party (Senslab SH)   26,406    1%   -    -%
Total  $47,793    1%  $-    -%

 

      % of Total Liability      % of Total Liability 
   December 31,   December 31, 
   2025   2024 
   Balance   % of Total Liability   Balance   % of Total Liability 
Accounts payable - related party (Senslab HK)  $        -       -%  $2,285,008    24%
Accounts payable - related party (Senslab SH)   -    -%   6,258,235    65%
Total  $-    -%  $8,543,243    89%
  

Ants Technology (HK) Limited

 

      % of Total Asset      % of Total Asset 
   December 31,   December 31, 
   2025   2024 
   Balance   % of Total Asset   Balance   % of Total Asset 
Prepayment - related party  $66,844    1%  $126,965    2%
Other receivable - related party, net   4,872    0%   1,790,009    24%
Allowance for credit losses   -    

-

%   -    -%
Total  $71,716    1%  $1,916,974    26%

  
      % of Total Asset      % of Total Asset 
   December 31,   December 31, 
   2025   2024 
   Balance   % of Total Asset   Balance   % of Total Asset 
Accounts receivable - related party  $1,632,002    13%  $190,168    3%
Other receivable - related party, net   -    -%   169,833    2%
Total  $1,632,002    13%  $360,001    5%
 

 

      % of Total Asset      % of Total Asset 
   December 31,   December 31, 
   2025   2024 
   Balance   % of Total Asset   Balance   % of Total Asset 
Subscription receivable - stockholder  $-    0%  $-    0%
Note receivable – stockholder   -    0%   15,862    0%
Other receivable – related party   440,596    0%   -    0%
Total  $440,596    0%  $15,862    0%
  

Yunyizhilian Information Technology Co., Ltd

 

      % of Total Liability      % of Total Liability 
   December 31,   December 31, 
   2025   2024 
   Balance   % of Total Liability   Balance   % of Total Liability 
Other payable - related party  $-    0%  $6,269    0%
  

ZKCam Technology Limited

      % of Total Liability      % of Total Liability 
   December 31,   December 31, 
   2025   2024 
   Balance   % of Total Assets   Balance   % of Total Assets 
Accounts receivable - related party  $433,888    3%  $-    0%
  
SCHEDULE OF OTHER RECEIVABLE - RELATED PARTY

The following table presents the movement of “other receivable – related party” balances due from Ants:

 

   March 31,   December 31, 
   2026   2025 
         
Balance at the beginning of the period  $4,872   $1,790,009 
           
Repayment from Ants (1)   -    (1,790,009)
Inventory Transfer /(Procurement) (2)   -    4,872 
Balance at the end of the period  $4,872   $4,872 

 

  (1) Prior to April 2022, Ants collected payments from Amazon customers on behalf of the Company. Beginning in April 2022, the Company obtained direct access to the third-party cross-border payment platform and began receiving customer payments directly. Accordingly, amounts previously held by Ants were repaid to the Company.
     
  (2) Inventory-related movements reflect transfers and procurement arrangements between the Company and Ants. During March 31, 2026 and 2025, such activities resulted in net increases of $nil and $4,872, respectively, to the related-party receivable balance.

The following table presents the movement of “other receivable – related party” balances due from Ants:

 

         
    Years ended  
    December 31,  
    2025     2024  
             
Balance at the beginning of the period   $ 1,790,009     $ 1,768,473  
Amazon Payments Ants Received (1)     -       (346,458 )
Repayment from Ants (1)     (1,790,009)       -  
Inventory Transfer /(Procurement) (2)     4,872       427,994  
Financial Consulting (3)       -     (60,000 )
Balance at the end of the period   $ 4,872     $ 1,790,009  

 

  (1) Prior to April 2022, Ants collected payments from Amazon customers on behalf of the Company. Beginning in April 2022, the Company obtained direct access to the third-party cross-border payment platform and began receiving customer payments directly. Accordingly, amounts previously held by Ants were repaid to the Company. During the years ended December 31, 2025 and 2024, Ants repaid $1,790,009 and $346,458, respectively.
     
  (2)

Inventory-related movements reflect transfers and procurement arrangements between the Company and Ants. During the years ended December 31, 2025 and 2024, such activities resulted in net increases of $4,872 and $427,994, respectively, to the related-party receivable balance. 

     
  (3) The Company engaged employees of Ants to provide bookkeeping and financial consulting services. Financial consulting fees totaled $60,000 for the year ended December 31, 2024 and were recorded as reductions of the related-party receivable balance.
SCHEDULE OF ANNUAL SUBSCRIPTIONS REVENUES

On July 1, 2025, the Company entered into an amended agreement with Kami to revise the revenue-sharing percentages applicable to subscription revenues from referred customers. The amended terms apply prospectively and do not affect revenue recognized prior to the modification date.

 

Annual subscription periods  Percentage basis 
  

Inception through

June 30, 2025

   From July 1, 2025 Onwards 
First year during which an end user starts the cloud service subscription from Kami   30%   30%
Second year during which an end user continues the cloud service   15%   30%
Third year and thereafter during which an end user continues the service subscription from Kami   0%   30%

On July 1, 2025, the Company entered into an amended agreement with Kami to revise the revenue-sharing percentages applicable to subscription revenues from referred customers. The amended terms apply prospectively and do not affect revenue recognized prior to the modification date.

 

 

Annual subscription periods   Percentage basis
   

Inception through

June 30, 2025

   From July 1, 2025 Onwards
First year during which an end user starts the cloud service subscription from Kami   30%   30%
Second year during which an end user continues the cloud service   15%   30%
Third year and thereafter during which an end user continues the service subscription from Kami   0%   30%
SCHEDULE OF ALLOWANCE FOR CREDIT LOSSES

The following table presents the movement of the allowance for credit losses:

 

 

       
   Years ended 
   December 31, 
   2025   2024 
         
Balance at beginning of the period  $-   $1,262,146 
Provision for credit loss   -    - 
Reversal of credit loss previously recorded   -    (1,262,146)
Balance at the end of the period  $-   $-