Note
3 – Accounts receivable, net
Accounts
receivable, net consist of the following:
Schedule of accounts receivable
| | |
As
of
December
31, 2025 | | |
As
of
December
31, 2024 | |
| | |
US$ | | |
US$ | |
| Accounts receivable | |
$ | 1,199,410 | | |
$ | 1,903,277 | |
| Less: Allowance for credit losses | |
| (52,694 | ) | |
| (22,336 | ) |
| Accounts receivable, net | |
$ | 1,146,716 | | |
$ | 1,880,941 | |
Movements
of allowance for credit losses are as follows:
Schedule of allowance for credit losses
| | |
December 31, 2025 | | |
December 31, 2024 | |
| | |
US$ | | |
US$ | |
| Beginning balance | |
$ | 22,336 | | |
$ | 39,383 | |
| Allowance for credit losses | |
| 30,358 | | |
| 125,651 | |
| Write-off | |
| - | | |
| (142,698 | ) |
| Ending balance | |
$ | 52,694 | | |
$ | 22,336 | |
|