| Schedule of Balances of Property and Equipment |
As of March 31, 2026 and December 31, 2025, the
balances of property and equipment were as follows:
| | |
March 31,
2026 | | |
December 31,
2025 | |
| | |
(Unaudited) | | |
| |
| Ground station equipment | |
$ | 3,322,856 | | |
$ | - | |
| Computer software and equipment | |
| 2,828,835 | | |
| 2,832,678 | |
| Satellite equipment | |
| 275,410 | | |
| 275,410 | |
| Vehicle | |
| 337,665 | | |
| 344,436 | |
| Leasehold improvement | |
| 60,296 | | |
| 60,296 | |
| Furniture and fixture | |
| 30,648 | | |
| 30,694 | |
| Subtotal | |
| 6,855,710 | | |
| 3,543,514 | |
| Accumulated depreciation | |
| (2,509,932 | ) | |
| (2,228,924 | ) |
| Net | |
| 4,345,778 | | |
| 1,314,590 | |
| Construction in progress | |
| - | | |
| 3,665,923 | |
| Prepayments - land | |
| 40,325,666 | | |
| 40,424,276 | |
| Total | |
$ | 44,671,444 | | |
$ | 45,404,789 | |
|