v3.26.1
OPERATING LEASE
12 Months Ended
Dec. 31, 2025
Disclosure Text Block [Abstract]  
OPERATING LEASE

Note 11 - OPERATING LEASE

 

The Company leases offices space under non-cancellable operating leases. The Company considers those renewal or termination options that are reasonably certain to be exercised in the determination of the lease term and initial measurement of right-of-use assets and lease liabilities.

 

The Company determines whether a contract is or contains a lease at inception of the contract and whether that lease meets the classification criteria of a finance or operating lease.

 

As of December 31, 2025, the Company had no long-term leases that were classified as a financing lease, and the Company’s lease contracts only contain fixed lease payments and do not contain any residual value guarantee.

 

The balance of right-of-use assets and operating lease liabilities are as follow:

 

   December 31,
2025
   December 31,
2024
 
Operating lease Right-of-use assets  $86,914   $       - 
           
Operating lease liabilities, current  $51,922   $- 
Operating lease liabilities, non-current   52,992    - 
Total operating lease liabilities  $104,914   $- 

 

Supplemental information related to operating leases for the years ended December 31, 2025 and 2024:

 

   For the years Ended
December 31,
 
   2025   2024 
         
Weighted-average remaining lease term of operating leases   2.52years    
      -
 
           
Weighted-average discount rate of operating leases   3.25%   - 

 

The following table summarizes the maturity of the operating lease liabilities as of December 31, 2025

 

   Operating 
   Leases 
Year of 2026  $54,000 
Year of 2027   36,000 
Year of 2028   18,000 
Total lease payments  $108,000 
Less: imputed interest   3,086 
Present value of operating lease liabilities  $104,914 
Less: current obligation   51,922 
Long-term obligation on December 31, 2025  $52,992