SEGMENT REPORTING (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| SEGMENT REPORTING |
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| Schedule of segment for discontinued operation |
| | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | Logistics And Labor | | International | | Total | | | Services | | Trading | | Segments | | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | | (Unaudited) | | (Unaudited) | | (Unaudited) | | (Unaudited) | | (Unaudited) | | (Unaudited) | Revenues | | $ | — | | $ | 354,126 | | $ | 868,909 | | $ | — | | $ | 868,909 | | $ | 354,126 | Cost of revenues | | | — | | | 319,226 | | | 849,409 | | | — | | | 849,409 | | | 319,226 | Gross profit (loss) | | | — | | | 34,900 | | | 19,500 | | | — | | | 19,500 | | | 34,900 | Operating expenses | | | 16,251 | | | 113,660 | | | 20,084 | | | — | | | 36,335 | | | 113,660 | Segment operating loss | | $ | (16,251) | | $ | (78,760) | | $ | (584) | | $ | — | | $ | (16,835) | | $ | (78,760) |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | | | Logistics And Labor | | International | | Total | | | Services | | Trading | | Segments | | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | | (Unaudited) | | (Unaudited) | | (Unaudited) | | (Unaudited) | | (Unaudited) | | (Unaudited) | Revenues | | $ | 92,700 | | $ | 833,925 | | $ | 868,909 | | $ | — | | $ | 961,609 | | $ | 833,925 | Cost of revenues | | | 72,833 | | | 742,769 | | | 849,409 | | | — | | | 922,242 | | | 742,769 | Gross profit (loss) | | | 19,867 | | | 91,156 | | | 19,500 | | | — | | | 39,367 | | | 91,156 | Operating expenses | | | 156,689 | | | 246,070 | | | 20,084 | | | — | | | 176,773 | | | 246,070 | Segment operating loss | | $ | (136,822) | | $ | (154,914) | | $ | (584) | | $ | — | | $ | (137,406) | | $ | (154,914) |
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| Schedule of reconciliation of segment operating loss |
| | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | (Unaudited) | | (Unaudited) | | (Unaudited) | | (Unaudited) | Total segment operating loss | | $ | (16,835) | | $ | (78,760) | | $ | (137,406) | | $ | (154,914) | | | | | | | | | | | | | | Corporate unallocated operating adjustments | | | — | | | — | | | — | | | — | Corporate general and administrative expenses | | | (850,780) | | | (691,645) | | | (1,480,346) | | | (1,559,754) | Share-based compensation expenses | | | (14,182) | | | (10,444) | | | (28,364) | | | (26,629) | | | | | | | | | | | | | | Total corporate operating expenses | | $ | (864,962) | | $ | (702,089) | | $ | (1,508,710) | | $ | (1,586,383) | | | | | | | | | | | | | | Non-operating adjustments | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | Interest income | | | 264,695 | | | 272,228 | | | 415,837 | | | 480,318 | | | | | | | | | | | | | | Interest expense | | | (6,799) | | | (8,060) | | | (14,499) | | | (16,872) | | | | | | | | | | | | | | Loss on disposal of Edward | | | (297,610) | | | — | | | (297,610) | | | — | | | | | | | | | | | | | | Other income, net | | | 993,766 | | | 17,140 | | | 1,002,778 | | | 29,756 | | | | | | | | | | | | | | Total non-operating income (expense), net | | | 954,052 | | | 281,308 | | | 1,106,506 | | | 493,202 | | | | | | | | | | | | | | Loss from continuing operations before income taxes | | $ | 72,255 | | $ | (499,541) | | $ | (539,610) | | $ | (1,248,095) |
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| Schedule of segment assets and geographic information |
| | | | | | | | | June 30, 2026 | | December 31, 2025 | | | (Unaudited) | | (Unaudited) | Logistics and Labor Services segment assets | | $ | 1,050,553 | | $ | 1,651,936 | International Trading segment assets | | | 5,723,343 | | | — | Total segment operating assets | | | 6,773,896 | | | 1,651,936 | Corporate unallocated assets | | | | | | | Cash and cash equivalents | | | 1,880,708 | | | 107,236 | Loan receivable | | | 29,951,513 | | | 7,430,111 | Receivable from withdrawal of investment deposit | | | 41,110,573 | | | — | Other corporate current assets | | | 2,799,902 | | | 2,669,181 | Total corporate unallocated assets | | | 75,742,696 | | | 10,206,528 | Total consolidated assets | | $ | 82,516,592 | | $ | 11,858,464 |
| | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | U.S. domestic market | | $ | — | | $ | 333,591 | | $ | 79,530 | | $ | 798,474 | Overseas market | | | 868,909 | | | 20,535 | | | 882,079 | | | 35,451 | Total revenue | | $ | 868,909 | | $ | 354,126 | | $ | 961,609 | | $ | 833,925 |
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