v3.26.3
Property and Equipment, Net
12 Months Ended
Dec. 31, 2025
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net
7.PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, consists of the following:

 

       
   As of December 31, 
   2024   2025 
   US$   US$ 
Vehicles   -    428,812 
Furniture and equipment   -    86,010 
Leasehold improvements   -    28,161 
Property and equipment, gross   -    542,983 
Less: accumulated depreciation   -    (390,467)
Total property and equipment, net   -    152,516 

 

Depreciation expenses were nil and US$36,765 for the years ended December 31, 2024 and 2025, respectively. No impairment losses were recognized for the years ended December 31, 2024 and 2025, respectively.