v3.26.1
Inventories, Net
3 Months Ended
Mar. 31, 2026
Inventories, Net [Abstract]  
Inventories, net

NOTE 5 - Inventories, net

 

As of March 31, 2026 and December 31, 2025, inventories consisted of the following:

 

   March 31,
2026
   December 31,
2025
 
   (Unaudited)     
Satellite equipment for sale under development  $1,007,248   $1,007,533 
Less: impairment loss on inventories   38,494    38,494 
Inventories, net  $968,754   $969,039 

 

The write-down of potential obsolete inventories is recorded based on management’s assumptions about future demands and market conditions. For the three months ended March 31, 2026 and 2025, the Company did not record any write-down of obsolete inventory.