v3.26.1
Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2025
Prepaid Expenses and Other Current Assets [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS
6.PREPAID EXPENSES AND OTHER CURRENT ASSETS

 

Prepaid expenses and other current assets consisted of the following:

 

   As of December 31, 
   2024   2025 
Interest-free loan to third parties  $531,715   $1,971,676 
Deposits   349,870    268,632 
Tax prepayment   257,964    355,827 
Prepaid expenses   89,803    117,049 
Advances to suppliers   1,314    
-
 
Others   29,201    21,940 
Total prepaid expenses and other current assets, net  $1,259,867   $2,735,124 

 

For the years ended December 31, 2023, 2024 and 2025, the Group recorded provision for expected credit losses for the Group’s prepaid expenses and other current assets of US$5,383, nil and nil, respectively, which was written off in the corresponding period. Considering the recoverability, the Group recorded no credit loss allowance on prepaid expenses and other current assets for the years ended December 31, 2023, 2024 and 2025.