v3.26.1
Furniture and Equipment
6 Months Ended
Jun. 30, 2026
Furniture and Equipment [Abstract]  
Furniture and Equipment

7) Furniture and Equipment

 

Furniture and equipment consisted of the following:

 

    June 30,
2026
    December 31,
2025
 
       
Furniture and equipment, at cost   $ 5,287     $ 67  
Less: Accumulated depreciation     (4,095 )     (62 )
Furniture and equipment, net   $ 1,192     $ 5  

 

During the period ended June 30, 2026, the Company purchased furniture and equipment amounting to $50 and disposed-off furniture and equipment having a net book value of nil, for $6. In addition, the Company acquired furniture and equipment with a cost of $5,169 and accumulated depreciation of $3,717 as part of the business combination (see note 6[B] for details).

 

Depreciation expenses for the quarters ended June 30, 2026, and 2025, were $153 and $0 respectively and for the six months ended June 30, 2026, and 2025, were $323 and $12 respectively.