v3.26.1
Concentration of Risk
 6 Months Ended
Jun. 30, 2026
Concentration of Risk [Abstract]  
CONCENTRATION OF RISK

12. CONCENTRATION OF RISK

 

(a) Major Customers

 

For the three months ended June 30, 2026, the Company generated total revenue of $1,516,382, of which one customer accounted for more than 10% of the Company’s total revenue. For the three months ended June 30, 2025, the Company generated total revenue of $1,007,296, of which one customer accounted for more than 10% of the Company’s total revenue. The customers who accounted for more than 10% of the Company’s total revenue and its outstanding receivable balance at period-end is presented below:

 

    For the three months ended June 30  
    2026     2025     2026     2025     2026     2025  
    Revenue     Percentage of
Revenue		     Accounts
receivable, gross		  
                                     
Customer A   $ 398,842     $ 366,015       26 %     36 %   $ 679,763     $ 380,496  
Others     1,117,540       641,281       74 %     64 %     826,149       618,000  
Total   $ 1,516,382     $ 1,007,296       100 %     100 %   $ 1,505,912     $ 998,496  

 

For the six months ended June 30, 2026, the Company generated total revenue of $2,791,904, of which one customer accounted for more than 10% of the Company’s total revenue. For the six months ended June 30, 2025, the Company generated total revenue of $1,628,475, of which one customer accounted for more than 10% of the Company’s total revenue. The customers who accounted for more than 10% of the Company’s total revenue and its outstanding receivable balance at period-end is presented below:

 

    For the six months ended June 30  
    2026     2025     2026     2025     2026     2025  
    Revenue     Percentage of
Revenue		     Accounts
receivable, gross		  
                                     
Customer A   $ 702,506     $ 366,015       25 %     22 %   $ 679,763     $ 380,496  
Others     2,089,398       1,262,460       75 %     78 %     826,149       618,000  
Total   $ 2,791,904     $ 1,628,475       100 %     100 %   $ 1,505,912     $ 998,496  

 

(b) Major Suppliers

 

For the three months ended June 30, 2026, the Company incurred cost of revenue of $756,170, of which no supplier accounted for more than 10% of the Company’s cost of revenue. For the three months ended June 30, 2025, the Company incurred cost of revenue of $695,376, of which no supplier accounted for more than 10% of the Company’s cost of revenue.

 

For the six months ended June 30, 2026, the Company incurred cost of revenue of $1,690,926, of which no supplier accounted for more than 10% of the Company’s cost of revenue. For the six months ended June 30, 2025, the Company incurred cost of revenue of $1,323,468, of which no supplier accounted for more than 10% of the Company’s cost of revenue.