v3.26.1
BALANCE SHEET COMPONENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Balance Sheet Components  
Schedule of equipment
               
    As of
June 30,
2026 		     As of
December 31,
2025		  
Internal use software   $ 269,023     $ 271,088  
Equipment     11,642       8,137  
Vehicles     132,832       133,852  
Building     144,175       -  
Land     413,776       -  
Total property, equipment and software     971,448       413,077  
Accumulated depreciation and amortization     (110,966 )     (46,638 )
Total property, equipment and software, net   $ 860,482     $ 366,439  
Schedule of intangible assets
                                               
    As of June 30, 2026     As of December 31, 2025  
    Gross Carrying
Amount		     Accumulated
Amortization		     Net     Gross Carrying
Amount		     Accumulated
Amortization		     Net  
Acquired group of proprietary software   $ 3,801,871     $ (913,128 )   $ 2,888,743     $ 3,811,598     $ (281,763 )   $ 3,529,835  
    $ 3,801,871     $ (913,128 )   $ 2,888,743     $ 3,811,598     $ (281,763 )   $ 3,529,835  
Schedule of Amortization
       
Years ending December 31,   Amortization  
2026   $ 625,760  
2027     1,266,852  
2028     996,131  
Total   $ 2,888,743  
Schedule of inventories
               
    June 30,
2026		     December 31,
2025		  
Insurance fees   $ 74,249     $ 53,015  
Cloud hosting fee     95,980       78,414  
Prepayment for property purchase     -       44,613  
Nasdaq annual listing fee     28,000       -  
Prepaid music costs     161,587       -  
Other     14,133       23,267  
Total prepaid and other current assets   $ 373,949     $ 199,309  
Schedule of other assets
               
    June 30,
2026		     December 31,
2025		  
Insurance fees   $ 58,479     $ 66,483  
Deposits     15,081       15,197  
Deferred offering costs     268,254       150,000  
Total other assets   $ 341,814     $ 231,680  
Schedule of accrued expenses
               
    June 30,
2026		     December 31,
2025		  
Payroll & related benefits   $ 422,573     $ 305,789  
Professional fees     631,902       271,501  
Sales allowances     -       26,905  
Sales and use tax     81,708       81,708  
Other payable to Yixuntong(1)     115,773       435,957  
Project investment from partners     29,365       -  
Other(2)     26,661       47,877  
Total accrued expenses and other current liabilities   $ 1,307,982     $ 1,169,737  

 

 
(1) As of June 30, 2026, other payables to Yixuntong primarily included $95 thousand for a software development and $21 thousand for advanced cloud hosting fee.
(2) There was a balance of $7,232 due to a stockholder of the Company, Cao Yu, which represents the amount paid by Cao Yu to support the Company’s normal operating activities. The remaining balance was primarily for the reimbursement payable to employees and accrued rent.