v3.26.1
Subsequent Events
6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 17 — SUBSEQUENT EVENTS

 

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the unaudited condensed consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred after June 30, 2026, up to the date that the unaudited condensed consolidated financial statements were available to be issued.

 

On July 9, 2026, the Nasdaq Hearings Panel (the “Panel”) granted the extension requiring the Company to achieve a closing bid price of $1.00 or more for twenty consecutive business days on or before July 30, 2026. The Company was granted an exception to regain compliance with Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”) until July 30, 2026.