| Accounts Receivable, Net |
2.ACCOUNTS RECEIVABLE, NET Accounts receivable, net consisted of the following:
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As of December 31, |
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As of June 30, |
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2025 |
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2026 |
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US$ |
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US$ |
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Accounts receivable |
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8,015,176 |
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7,629,555 |
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Allowance for expected credit losses |
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(1,009,780 |
) |
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(1,176,721 |
) |
Accounts Receivable, net |
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7,005,396 |
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6,452,834 |
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The movements of the allowance for doubtful accounts were as follows:
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As of December 31, |
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As of June 30, |
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2025 |
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2026 |
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US$ |
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US$ |
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Balance at the beginning of the year/period |
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(650,396 |
) |
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(1,009,780 |
) |
Provision for expected credit losses |
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(425,835 |
) |
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(415,718 |
) |
Reversal of expected credit losses |
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98,045 |
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259,286 |
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Foreign currency translation |
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(31,594 |
) |
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(10,509 |
) |
Balance at the end of the year/period |
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(1,009,780 |
) |
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(1,176,721 |
) |
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