v3.26.1
Prepayments
6 Months Ended
Jun. 30, 2026
Prepayments [Abstract]  
Prepayments

Note 5 – Prepayments

 

Prepayments consisted of the following as of June 30, 2026 and December 31, 2025:

 

    June 30,
2026
    December 31,
2025
 
    (unaudited)        
Prepayments of research and development expenses   $ 6,000,000     $ 195,000  
Prepayments of marketing expenses     3,000,000       -  
Prepayments of operating lease     2,625       45,325  
Prepaid car rental     -       75,648  
Nasdaq listing fee     43,250       -  
Other prepayments     13,488       15,615  
Total prepayments   $ 9,059,363     $ 331,588  

 

As of June 30, 2026, the Company had $6.0 million in prepayments for maintenance, upgrades and development services related to Fictoiv, which are being amortized over the 12-month service period ending June 2027. The Company also had $3.0 million in prepayments for digital marketing services, which are being amortized over the service period from May through December 2026. The marketing services primarily consist of promotional content development, online advertising and marketing, and market research and analysis.