v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (416,116) $ (410,995)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain from debt extinguishment (339,185)
Foreign exchange transaction loss (gain) 33,161 (307,691)
Gain on disposal of subsidiaries (383,667)
Depreciation expense 4,137 6,664
Non-cash lease expense 60,394 176,994
Share of result of an associate (8,759)
Impairment loss on goodwill 77,480
Unrealized (gain) loss on convertible notes receivable and warrants – related party (19,169) 33,064
Fair value gain on marketable securities (8,156) (873)
Gain on disposal of marketable securities 3,083 (419)
Loss from related party balance written off 542,371
Changes in operating assets and liabilities:    
Account receivables (1,594) (5,402)
Due to related party 573,827
Other receivables from related party (88,980) (105,273)
Prepaid expenses (167) 13,008
Deposit 198,558
Inventory (465) (4,795)
Accounts payable and accrued expenses 11,644 (112,546)
Income tax payable (3,305)
Deferred revenue 15,631
Operating lease liabilities (60,557) 285,143
Net cash provided by / (used in) operating activities 285,469 (528,424)
Cash flows from investing activities:    
Purchases of property and equipment (764) (1,371)
Convertible notes receivable - related party (285,000) (360,000)
Investments at cost (14,858)
Purchase of marketable securities (5,814,704) (100,152)
Proceeds from disposal of marketable securities 5,708,957
Loan receivable - related party (280,000)
Net cash used in investing activities (406,369) (741,523)
Cash flows from financing activities:    
Repayment of loans and borrowing (14,100)
Issuance of common stock 500,000
Advances from related parties 349,607 1,055,702
Advances to related parties (834,590) (1,631,936)
Repayment of brokerage margin loans 1,167,375
Proceed from brokerage margin loans (1,171,364)
Proceed from issuance of Common Stock and Warrants 1,409,983
Repayment of note payable (500,000) (240,792)
Net cash (used in) / provided by financing activities (488,972) 578,857
Net decrease in cash (609,872) (691,090)
Effects of foreign exchange rate on cash 29,990 79,217
Cash at beginning of period 2,085,918 4,341,746
Cash at end of period 1,506,036 3,729,873
Supplemental Cash Flow Information    
Cash Paid for Interest 1,466 12
Cash Paid for Taxes $ 42,948