Loan Receivable |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Loan Receivable [Abstract] | |
| LOAN RECEIVABLE | NOTE 5 — LOAN RECEIVABLE
In February 2026, the Company entered into a short-term bridge loan arrangement with a third party to facilitate a real estate acquisition transaction. The loan had a principal amount of $252,000, bore interest at 8.99% per annum, was unsecured, and had a stated maturity date of June 22, 2026. In connection with the loan arrangement, the Company was also entitled to an additional transaction support fee of $5,431 for transaction support and administrative services provided to the borrower.
The loan was repaid in full prior to its stated maturity date during the second quarter of 2026. Upon repayment, the Company received $252,000 of principal, $621 of interest, and $5,431 of transaction support fee. During the three and six months ended June 30, 2026, the Company recognized interest income of $621 within “Interest income” and transaction support fee income of $5,431 within “Other income (expenses), net” in the consolidated statements of income. As of June 30, 2026 and December 31, 2025, the Company had outstanding loan receivable and allowance for credit losses related to the loan. |