v3.26.1
SEGMENT AND GEOGRAPHIC INFORMATION
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 13 – SEGMENT AND GEOGRAPHIC INFORMATION

 

Segment Information

 

Operating segments are defined as components of an entity for which discrete financial information is available and is regularly reviewed by the CODM, the CEO of the Company, in making decisions regarding resource allocation and performance assessment. The Company determines its operations constitute a single operating segment and reportable segment in accordance with ASC Topic 280. The CODM assesses financial performance and decides how to allocate resources based on consolidated net income (loss) from continuing operations. Segment assets are reported on the Company’s consolidated balance sheets.

 

 

The following table summarizes the selected financial information with respect to the Company’s single operating segment and reportable segment for the three and six months ended June 30, 2026 and 2025:

 

   2026   2025   2026   2025 
   For the Three Months
Ended June 30,
   For the Six Months
Ended June 30,
 
   2026   2025   2026   2025 
Revenues  $321,428   $187,277   $553,926   $439,909 
Less:                    
Software related cost of revenues   189,729    98,587    372,371    174,640 
Consulting related cost of revenues   201,914    111,655    359,685    190,502 
Selling expenses   34,867    77,006    69,203    214,596 
General and administrative expenses   718,933    667,507    1,888,888    1,708,906 
Loss from continuing operations   (824,015)   (767,478)   (2,136,221)   (1,848,735)
Total other income (expenses)   (705,402)   987,487    (1,108,949)   (836,643)
Income (loss) from continuing operations before income tax expense   (1,529,417)   220,009    (3,245,170)   (2,685,378)
Income tax expense   20,872    5,973    38,341    45,581 
Net income (loss) from continuing operations  $(1,550,289)  $214,036   $(3,283,511)  $(2,730,959)

 

Geographic Information

 

The following table summarizes the breakdown of revenues by geography for the three and six months ended June 30, 2026 and 2025:

 

   2026   2025   2026   2025 
   For the Three Months
Ended June 30,
   For the Six Months
Ended June 30,
 
   2026   2025   2026   2025 
Japan  $81,696   $177,991   $107,443   $423,534 
Vietnam   239,732    9,286    446,483    16,375 
Total revenues  $321,428   $187,277   $553,926   $439,909 

 

The following table summarizes the breakdown of long-lived assets by geography as of June 30, 2026 and December 31, 2025:

 

   June 30,   December 31, 
   2026   2025 
Japan  $659,848   $292,451 
Vietnam   5,517    795 
Total long-lived assets  $665,365   $293,246