| OTHER EXPENSE, NET |
NOTE 13 — OTHER EXPENSE, NET The following table presents a breakdown of our other expense and income categories that were presented on a net basis within our condensed consolidated statements of operations and comprehensive income (loss). | | | For the Three Months Ended
June 30, | | | For the Six Months Ended
June 30, | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | Equity offering cost | | $ | – | | | $ | 10,976,693 | | | $ | – | | | $ | 10,976,693 | | | Foreign currency exchange loss | | | 3,856,774 | | | | 5,740,232 | | | | 9,575,471 | | | | 5,843,939 | | | Impairment loss on goodwill | | | 5,197,438 | | | | – | | | | 5,197,438 | | | | – | | | Interest expense | | | 1,582,807 | | | | 1,516,978 | | | | 3,876,482 | | | | 1,875,552 | | | Other expense (income) | | | 131,411 | | | | (574,107 | ) | | | 2,551,200 | | | | 53,029 | | | Other expense (income), net | | $ | 10,768,430 | | | $ | 17,659,796 | | | $ | 21,200,591 | | | $ | 18,749,213 | |
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