v3.26.1
Prepayments and Other Receivables
6 Months Ended
Jun. 30, 2026
Prepayments and Other Receivables [Abstract]  
PREPAYMENTS AND OTHER RECEIVABLES

NOTE 4 — PREPAYMENTS AND OTHER RECEIVABLES

 

Prepayments and other receivables consisted of the following as of June 30, 2026 and December 31, 2025:

 

   June 30,
2026
   December 31,
2025
 
Prepaid acquisition consideration  $198,000   $
           —
 
Advance to Constant Investments, Inc.   18,000    
 
Advance to escrow   40,000    
 
Advance payments for future services   18,000    18,000 
Other receivables   267    267 
Total prepayments and other receivables  $274,267   $18,267 

 

As of June 30, 2026, prepaid acquisition consideration of $198,000 represented the fair value of 300,000 shares of the Company’s common stock issued in connection with the pending acquisition of Constant Investments, Inc., based on the closing market price of the Company’s common stock on June 30, 2026. See Note 14 — Stockholders’ Equity and Note 15 — Subsequent Events for additional information regarding the acquisition.