Short-Term Borrowings |
6 Months Ended | ||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | |||||||||||||||||||||||||||||||||
| Short-Term Borrowings [Abstract] | |||||||||||||||||||||||||||||||||
| Short-term borrowings |
The Group has loan agreements with BCM Europe AG and as of June 30, 2026, the outstanding balances were $860,000 (3.00% interest rate at June 30, 2026), which matures in March 2027 and $49,464 (0% interest rate at June 30, 2026), which matures in June 2028.
The Group has multiple loan agreements with an individual and as of June 30, 2026, the outstanding balance was $1,276,030 (0% interest rate at June 30, 2026), which mature various dates in 2026.
The Group has a loan agreement with Duksung Co., Ltd and as of June 30, 2026, the outstanding balance was $650,000 (7.00% interest rate at June 30, 2026), which matures in October 2026.
The Group has a loan agreement with BGLSI and as of June 30, 2026, the outstanding balance was $1,158,000 (0% interest rate at June 30, 2026), which matures in December 2026.
The Group has a loan agreement with Korea Technology Finance Corporation and as of June 30, 2026, the outstanding balance was $60,876 (3.73% interest rate at June 30, 2026), which matured in April 2026 and the Group is currently in negotiations with the lender to extend the maturity date.
The Group has loan agreements with Industrial Bank of Korea and as of June 30, 2026, the aggregate outstanding balance was $64,872 (2.60% interest rate at June 30, 2026), which mature between February 2027 and March 2027.
The Group has a loan agreement with KB Kookmin Bank and as of June 30, 2026, the outstanding balance was $60,759 (9.50% interest rate at June 30, 2026), which matures in August 2026.
The Group has a loan agreement with Korea SMEs and Startups Agency and as of June 30, 2026, the outstanding balance was $24,262 (3.73% interest rate at June 30, 2026), which matures in March 2027.
The Group has a loan agreement with BCM Europe AG and as of June 30, 2026, the outstanding balance was $25,500 (0% interest rate at June 30, 2026), which matures in 2026.
The Group has a convertible note agreement with White Lion Capital and as of June 30, 2026, the outstanding balance was $927,495 (5.00% interest rate at June 30, 2026), which mature various dates in 2027.
The Group has a loan agreement with BCM Europe AG and as of December 31, 2025, the outstanding balance was $1,062,091 (3.00% interest rate at December 31, 2025), which matures in 2026.
The Group has multiple loan agreements with an individual and as of December 31, 2025, the outstanding balance was $1,261,380 (0% interest rate at December 31, 2025), which mature various dates in 2026.
The Group has a loan agreement with Duksung Co., Ltd and as of December 31, 2025, the outstanding balance was $650,000 (7.00% interest rate at December 31, 2025), which matures in October 2026.
The Group has a loan agreement with BGLSI and as of December 31, 2025, the outstanding balance was $1,218,000 (0% interest rate at December 31, 2025), which matures in 2026.
The Group has multiple loan agreements with an individual and as of December 31, 2025, the outstanding balance was $105,000 (0% interest rate at December 31, 2025), which mature various dates in 2026.
The Group has a convertible note agreement with White Lion Capital and as of December 31, 2025, the outstanding balance was $46,804 (5.00% interest rate at December 31, 2025), which mature various dates in 2026. Details of convertible note agreement with White Lion Capital issued on April 7, 2026 and outstanding as of June 30, 2026 are as follows:
|