v3.26.1
LEASES (Tables)
6 Months Ended
Jun. 30, 2026
LEASES  
Schedule of components of lease expenses

For the Three Months Ended

For the Six Months Ended

June 30, 

June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Lease expenses

Operating lease expenses

$

114,624

$

177,763

$

272,849

$

355,526

Short-term lease expenses

17,499

30,366

39,123

60,732

Total lease expenses

$

132,123

$

208,129

$

311,972

$

416,258

Schedule of Right-of-use assets and weighted average remaining lease terms and discount rates for all operating leases

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Right-of-use assets

$

530,929

$

1,165,517

Operating lease liabilities – current

$

502,249

$

594,407

Operating lease liabilities – non-current

44,950

584,606

Total operating lease liabilities

$

547,199

$

1,179,013

  ​ ​ ​

June 30, 2026

  ​ ​ ​

June 30, 2025

 

Remaining lease term and discount rate:

Weighted average remaining lease term (years)

1.08

2.39

Weighted average discount rate *

4.1

%  

4.9

%

*The Company used weighted average incremental borrowing rate of 4.1% per annum for its lease contracts based on the Company’s current borrowings from various financial institutions.

Schedule by years, of future maturities of lease liabilities

Fiscal Years

  ​ ​ ​

Amount

2026

$

270,815

2027

317,989

Total lease payments

588,804

Less: imputed interest

(41,605)

Present value of lease liabilities

$

547,199