v3.26.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 669,547 $ 762,322
Accounts receivable, net 300,772 479,271
Prepaid expenses and other current assets 63,639 19,311
Total current assets 1,033,958 1,260,904
Non-current assets:    
Property and equipment, net 2,794,063 2,965,233
Right-of-use assets, net 1,517,904 1,609,832
Total non-current assets 4,311,967 4,575,065
TOTAL ASSETS 5,345,925 5,835,969
Current liabilities:    
Accounts payable 114,146 102,917
Accrued liabilities and other payables 509,306 582,767
Amount due to director 715,351 1,599,217
Amount due to shareholder 912,430 1,012,225
Promissory notes payable 16 16
Earn-out payable 2,500,000 2,000,000
Lease liabilities 126,438 125,624
Income tax payable 49,002 12,883
Total current liabilities 4,926,689 5,435,649
Non-current liabilities:    
Lease liabilities 1,541,546 1,616,932
Earn-out payable 2,291,590 2,710,975
Total non-current liabilities 3,833,136 4,327,907
TOTAL LIABILITIES 8,759,825 9,763,556
Commitments and contingencies (Note 17)
Shareholders’ deficit:    
Common stock, par value $0.0001, 270,000,000,000 shares authorized, 390,024,555 and 362,844,342 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 39,003 36,285
Shares to be issued, par value $0.0001, 0 and 15,816,576 shares to be issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 0 1,582
Additional paid-in capital 2,114,050 1,765,186
Accumulated other comprehensive loss (16,992) (5,788)
Accumulated losses (5,550,999) (5,725,890)
Total shareholders’ deficit (3,413,900) (3,927,587)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 5,345,925 5,835,969
Preferred Stock [Member]    
Shareholders’ deficit:    
Preferred stock, value 0 0
Series A Preferred Stock [Member]    
Shareholders’ deficit:    
Preferred stock, value 1,000 1,000
Series B Preferred Stock [Member]    
Shareholders’ deficit:    
Preferred stock, value 37 37
Series C Preferred Stock [Member]    
Shareholders’ deficit:    
Preferred stock, value $ 1 $ 1