v3.26.1
Short-Term Borrowings (Tables)
6 Months Ended
Jun. 30, 2026
Short-Term Borrowings [Abstract]  
Schedule of Convertible Note

Details of convertible note agreement with White Lion Capital issued on April 7, 2026 and outstanding as of June 30, 2026 are as follows:

 

Classification Details
Par value USD 1,055,556
     
Stated interest rate 5%
     
Guaranteed yield upon conversion -
     
Exercise price adjustments Issuance of new shares for consideration (paid-in capital increase), stock dividends and capitalization of reserves, mergers, capital reduction, stock split and consolidation, reduction of capital and stock consolidation, etc.
     
Conversion condition (a) Fixed Conversion Price
Rate: $1.00 per share of Common Stock.
Application: The Holder may utilize this fixed price for conversions at any time and from time to time.
(b) Alternative Conversion Price
Trigger Condition: Activated if the Company fails to cure its Nasdaq non-compliance deficiency by August 31, 2026, or if it cures the deficiency through a reverse stock split (defined as a “Deficiency Default”).
Rate: Equal to 90% of the Market Price (representing a 10% discount).
Market Price Definition: The lowest daily volume-weighted average price (VWAP) during the 15 Trading Day period ending on the latest complete Trading Day prior to the Conversion Date