v3.26.1
Fair Value Measurement – Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Measurement – Financial Instruments [Abstract]  
Schedule of Carrying Value and Fair Value of Level III Financial Assets and Liabilities

Carrying value and fair value of Level III Financial assets and liabilities are as follows:

 

    Carrying Value     Fair Value  
    June 30,
2026		     December 31,
2025		     June 30,
2026		     December 31,
2025		  
Financial Assets                        
Account receivables, net (1)   $ 8,511,054     $ 8,566,654     $ 8,511,054     $ 8,566,654  
Lease receivables (2)     1,971,933       1,410,589       1,971,933       1,410,589  
Other non-current financial assets (3)     303,652       248,027       303,652       248,027  
Total     10,786,639       10,225,270       10,786,639       10,225,270  
Financial Liabilities                                
Lease liabilities (4)     2,549,823       2,337,697       2,549,823       2,337,697  
Total   $ 2,549,823     $ 2,337,697     $ 2,549,823     $ 2,337,697  

 

(1) Account receivable net of allowance represents the long-term debtors of the company in relation to the sales made during the year. The Company has presented the receivable balances account after reducing the significant financing component included using the discount rate of 10%.

 

(2) Lease receivables arising from sales-type leases are measured which is based on a discounted cash flow methodology that incorporates significant unobservable inputs, including assumptions related to discount rate, expected timing of cash flows etc. (Refer to Note 5).

 

(3) Other non-current assets include security deposits and long-term fixed deposits with banks. Company has calculated the fair value of security deposit at present value of future receipt using discount rate of 7% and fair value of long-term fixed deposit with banks are carried at cost which is approximate to the fair value.

 

(4) The Company has long-term lease liabilities in relation to office properties which is carried at cost using the discount rate (Refer Note to 15 Lease).