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Accounts Receivable, Net
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Accounts Receivable, Net

 

5.ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consisted of the following:

 

       
   As of December 31, 
   2024   2025 
   US$   US$ 
Accounts receivable   -    1,181,478 
Less: provision for credit loss   -    (87,880)
Total accounts receivable, net   -    1,093,598 

 

For the years ended December 31, 2024 and 2025, the Group didn’t record any provision for credit losses on accounts receivable. The provision for credit losses as of December 31, 2025 were consisted of bad debt accrued by Times Express Limited before the Group acquired Times Express Limited.