v3.26.3
Inventories, Net
6 Months Ended
Jun. 30, 2026
Inventories, Net [Abstract]  
Inventories, net

NOTE 5 - Inventories, net

 

As of June 30, 2026 and December 31, 2025, inventories consisted of the following:

 

    June 30,
2026
    December 31,
2025
 
    (Unaudited)        
Satellite equipment for sale under development   $ 987,630     $ 1,007,533  
Less: impairment loss on inventories     38,494       38,494  
Inventories, net   $ 949,136     $ 969,039  

 

The write-down of potential obsolete inventories is recorded based on management’s assumptions about future demands and market conditions. For the three and six months ended June 30, 2026 and 2025, the Company did not record any write-down of obsolete inventory.