v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 34,626,254 $ 6,708,340
Accounts receivable, net 3,192,175 2,445,245
Advance to suppliers 73,924 313,924
Inventories 1,935,880 2,163,437
Deposits to others 1,100,000
Loan to third party 5,434,170
Prepaid expenses 566,313 144,274
Other receivables 9,754 7,478
Total Current Assets 46,938,470 11,782,698
Noncurrent Assets    
Plant, property and equipment, net 24,009 21,942
Operating lease right-of-use assets, net 252,125 594,801
Investment in fund 73,820,917 23,104,628
Lease deposit 43,260 43,260
Total Noncurrent Assets 74,140,311 23,764,631
Total Assets 121,078,781 35,547,329
Current Liabilities    
Accounts payable 475,310 327,134
Operating lease liabilities, current 238,527 591,350
Finance lease liabilities - current 21,145 20,574
Advance from customers 189,466 58,786
Loan from shareholders 398,014
Accrued liabilities and other payables 701,472 943,312
Other loan 3,639 3,572
Security deposit 50,000
Total Current Liabilities 1,629,559 2,392,742
Noncurrent Liabilities    
Other loan 135,260 137,117
Finance lease liabilities - non-current 9,158 19,876
Convertible notes 5,198,091 5,038,026
Deferred tax liability 7,809,615
Total Noncurrent Liabilities 13,152,124 5,195,019
Total Liabilities 14,781,683 7,587,761
Contingencies and Commitments
Stockholders’ Equity    
Common stock, $0.001 par value; 5,000,000,000 shares authorized, 64,088,827 and 41,885,728 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 64,088 41,886
Additional paid-in capital 126,510,476 80,823,528
Accumulated other comprehensive income 512,744 504,247
Accumulated deficits (20,790,210) (53,410,093)
Total Stockholders’ Equity 106,297,098 27,959,568
Total Liabilities and Stockholders’ Equity $ 121,078,781 $ 35,547,329