| SEGMENT REPORTING |
17. SEGMENT REPORTING ASC 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about services categories, business segments and major customers in financial statements. The Company has three reportable segments based on business unit, Payment Processing (Fintech), Regulatory Technology (RegTech) and Robotic Process Automation (RPA) businesses and two reportable segments based on country, Malaysia and Non-Malaysia. The Company adopted the ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses. In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision maker has been identified as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in economic characteristics; nature of products and services; and procurement, manufacturing and distribution processes. | | | For the Six Months Ended and As of June 30, 2026 | | | By Business Unit | | Fintech | | | Regtech | | | RPA | | | Total | | | Revenue | | $ | 1,280,673 | | | $ | 1,183,042 | | | $ | 328,189 | | | $ | 2,791,904 | | | | | | | | | | | | | | | | | | | | | Cost of revenue | | | (559,241 | ) | | | (839,985 | ) | | | (291,700 | ) | | | (1,690,926 | ) | | | | | | | | | | | | | | | | | | | | Gross profit | | $ | 721,432 | | | $ | 343,057 | | | $ | 36,489 | | | $ | 1,100,978 | | | | | | | | | | | | | | | | | | | | | Selling, general and administrative expenses | | | (246,906 | ) | | | (433,754 | ) | | | (169,498 | ) | | | (850,158 | ) | | | | | | | | | | | | | | | | | | | | Income/(loss) from operations | | $ | 474,526 | | | $ | (90,697 | ) | | $ | (133,009 | ) | | $ | 250,820 | | | | | | | | | | | | | | | | | | | | | Total assets | | $ | 1,438,020 | | | $ | 2,526,250 | | | $ | 987,181 | | | $ | 4,951,451 | | | Capital expenditure | | $ | 7,217 | | | $ | 12,678 | | | $ | 4,954 | | | $ | 24,849 | | | | | For the Six Months Ended and As of June 30, 2026 | | | By Country | | Malaysia | | | Non-Malaysia | | | Total | | | Revenue | | $ | 2,791,904 | | | $ | - | | | $ | 2,791,904 | | | | | | | | | | | | | | | | | Cost of revenue | | | (1,690,926 | ) | | | - | | | | (1,690,926 | ) | | | | | | | | | | | | | | | | Gross profit | | $ | 1,100,978 | | | $ | - | | | $ | 1,100,978 | | | | | | | | | | | | | | | | | Selling, general and administrative expenses | | | (704,064 | ) | | | (146,094 | ) | | | (850,158 | ) | | | | | | | | | | | | | | | | Income/(loss) from operations | | $ | 396,914 | | | $ | (146,094 | ) | | $ | 250,820 | | | | | | | | | | | | | | | | | Total assets | | $ | 4,922,948 | | | $ | 28,503 | | | $ | 4,951,451 | | | Capital expenditure | | $ | 24,849 | | | $ | - | | | $ | 24,849 | | | | | For the Six Months Ended and As of June 30, 2025 | | | By Business Unit | | Fintech | | | Regtech | | | RPA | | | Total | | | Revenue | | $ | 579,632 | | | $ | 758,680 | | | $ | 290,163 | | | $ | 1,628,475 | | | | | | | | | | | | | | | | | | | | | Cost of revenue | | | (425,812 | ) | | | (626,951 | ) | | | (270,705 | ) | | | (1,323,468 | ) | | | | | | | | | | | | | | | | | | | | Gross profit | | $ | 153,820 | | | $ | 131,729 | | | $ | 19,458 | | | $ | 305,007 | | | | | | | | | | | | | | | | | | | | | Selling, general and administrative expenses | | | (278,313 | ) | | | (502,704 | ) | | | (227,869 | ) | | | (1,008,886 | ) | | | | | | | | | | | | | | | | | | | | Loss from operations | | $ | (124,493 | ) | | $ | (370,975 | ) | | $ | (208,411 | ) | | $ | (703,879 | ) | | | | | | | | | | | | | | | | | | | | Total assets | | $ | 992,528 | | | $ | 1,792,753 | | | $ | 812,632 | | | $ | 3,597,913 | | | Capital expenditure | | $ | 6,853 | | | $ | 12,377 | | | $ | 5,611 | | | $ | 24,841 | | | | | For the Six Months Ended and As of June 30, 2025 | | | By Country | | Malaysia | | | Non-Malaysia | | | Total | | | Revenue | | $ | 1,628,475 | | | $ | - | | | $ | 1,628,475 | | | | | | | | | | | | | | | | | Cost of revenue | | | (1,323,468 | ) | | | - | | | | (1,323,468 | ) | | | | | | | | | | | | | | | | Gross profit | | $ | 305,007 | | | $ | - | | | $ | 305,007 | | | | | | | | | | | | | | | | | Selling, general and administrative expenses | | | (772,422 | ) | | | (236,464 | ) | | | (1,008,886 | ) | | | | | | | | | | | | | | | | Loss from operations | | $ | (467,415 | ) | | $ | (236,464 | ) | | $ | (703,879 | ) | | | | | | | | | | | | | | | | Total assets | | $ | 3,568,845 | | | $ | 29,068 | | | $ | 3,597,913 | | | Capital expenditure | | $ | 24,841 | | | $ | - | | | $ | 24,841 | |
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