v3.26.1
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment

6. Property, Plant and Equipment

 

The details of property and equipment are as follows:

 

  

As of June 30,

2026

  

As of December 31,

2025

 
    (Unaudited)      
Office equipment, furniture and fixtures  $603,947   $599,959 
Less: accumulated depreciation and amortization   522,997    480,754 
Office equipment, furniture and fixtures, net  $80,950   $119,205 

 

During the six months ended June 30, 2026 and 2025, the Company recorded depreciation charges of approximately $110,151 and $164,000, respectively.

 

The details of motor vehicle are as follows:

 

  

As of June 30,

2026

  

As of December 31,

2025

 
    (Unaudited)      
Motor vehicle  $292,723   $190,787 
Less: accumulated depreciation   172,124    149,317 
Motor vehicle, net  $120,599   $41,470 

 

During the six months ended June 30, 2026, and 2025, the Company recorded depreciation charges of approximately $22,807 and $18,000 respectively.

 

The details of computer software costs are as follows:

 

  

As of June 30,

2026

  

As of December 31,

2025

 
    (Unaudited)      
Computer software  $667,979   $667,979 
Less: accumulated amortization   526,117    428,146 
Computer software costs, net  $141,863   $239,833 

 

During the six months ended June 30, 2026, and 2025, the Company recorded amortization charges related to computer software of approximately $97,971 and $203,000 respectively.