v3.26.1
Related Parties (Tables)
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Related Parties Material Balances and Transactions

The related parties that had material balances and transactions as of June 30, 2026 and December 31, 2025 and for the six months ended June 30, 2026 and 2025 consist of the following:

 

Name of Related Party   Nature of Relationship at June 30, 2026
V-Cube, Inc.   The largest stockholder of the Company
Wizlearn Technologies Pte. Ltd.   An affiliate of the Company and a subsidiary of V-Cube, Inc.
Pave Education Pte. Ltd.   An affiliate of the Company and a subsidiary of V-Cube, Inc.
Naoaki Mashita   Chief Executive Officer of V-Cube, Inc., the largest stockholder of the Company
Schedule of Related Party Balances

The Company had the following related party balances as of June 30, 2026 and December 31, 2025:

 

      June 30,   December 31, 
   Nature of transactions  2026   2025 
Receivable due from related party:             
V-Cube, Inc.  For additional paid-in capital  $800   $5,400 
Short-term loans due to related party:             
V-Cube Inc.  Loan payable for working capital        465 
Wizlearn Technologies Pte. Ltd.  Loan payable for working capital       1,665 
Pave Education Pte. Ltd.  Loan payable for working capital       2,321 
Naoaki Mashita  Loan payable for working capital   430    120