Related Party Transactions and Balances |
6 Months Ended |
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Jun. 30, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions and Balances | Note 13. Related Party Transactions and Balances
As of June 30, 2026 and December 31, 2025, accounts payable and accrued liabilities include $18,750 and $26,572, respectively, payable to officers and directors of the Company in the ordinary course of business. The amounts are unsecured, non-interest bearing and are due on demand, including both director fees and reimbursable expenses.
Consulting expense for services provided by Sol Edge Limited (the “Consultant”) during the six months ended June 30, 2026 and 2025 was $5,000,000 and $0, respectively. The consulting expense during the three months ended June 30, 2026 and 2025 was $2,500,000 and $0, respectively. At June 30, 2026 and December 31, 2025, the Company recorded a prepaid expense of $1,666,667 and $6,666,667, respectively, relating to the annual payment under the Consulting Agreement (See Notes 3 and 15).
The Consultant is wholly-owned and controlled by James Zhang, the brother of Alice Zhang, our Chief Investment Officer and director.
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