v3.26.3
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Information [Abstract]  
Segment Information

NOTE 24 - Segment Information

 

The Company conducts business as a single operating segment which is based upon the Company’s organizational and management structure, as well as information used by the CODM to allocate resources and other factors. The accounting policies of the segment are the same as those described in Note 2. The key measure of segment profitability that the CODM, which is the Company’s CEO, uses to allocate resources and assess performance is consolidated net loss, as reported on the unaudited condensed consolidated statements of operations. The following table presents the significant revenue and expense categories of the Company’s single operating segment

 

    For the Three Months Ended     For the Six Months Ended  
    June 30,     June 30,  
    2026     2025     2026     2025  
    (Unaudited)     (Unaudited)     (Unaudited)     (Unaudited)  
Revenues   $ 28,454     $ -     $ 28,454     $ -  
Less:                                
Cost of revenues     19,733       -       19,733       -  
Other operating expense     356,611       999,610       982,825       1,461,584  
Research and development expenses     -       -       628       -  
Salaries expenses     1,436,813       984,180       2,616,202       2,075,865  
Professional fee     156,061       161,097       409,294       521,416  
Amortization and depreciation expense     526,117       562,354       1,125,245       1,136,276  
Foreign currency exchange (income) loss     (51,465 )     1,268,039       (14,273 )     1,318,654  
Interest expense     256,719       267,364       512,542       534,593  
Change in SAFE liabilities     230,000       160,000       110,000       210,000  
Stock based compensation     5,066       605,688       222,942       1,197,263  
Loss from deconsolidation of subsidiaries     -       -       393,452       234,454  
Gain on remeasurement of retained investment upon deconsolidation     -       -       (8,332,715 )     -  
Gain from long-term investment     (508,775 )     -       (419,648 )     -  
Other loss (income), net     27,618       (2,216 )     37,964       (5,257 )
(Loss) income before income tax     (2,426,044 )     (5,006,116 )     2,364,263       (8,684,848 )
                                 
Income tax expense     (2,400 )     (2,400 )     (2,400 )     (2,400 )
Net (loss) income   $ (2,428,444 )   $ (5,008,516 )   $ 2,361,863     $ (8,687,248 )