v3.26.1
PROPERTY AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

9. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consist of the following:

 

  

June 30, 2026

  

December 31, 2025

 
   As of 
  

June 30, 2026

  

December 31, 2025

 
         
Computer and office equipment  $84,194   $84,596 
Furniture & fixtures   125,358    125,957 
Motor vehicle   23,102    23,213 
Leasehold improvements   207,945    208,939 
Subtotal   440,599    442,705 
Less: accumulated depreciation   (436,528)   (437,565)
Total  $4,071   $5,140 

 

Depreciation expense for the three months ended June 30, 2026 and 2025 amounted to $494 and $3,097, respectively. Depreciation expense for the six months ended June 30, 2026 and 2025 amounted to $1,069 and $14,883, respectively.