v3.26.3
Accrued Expenses and Other Current Liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

 

       
   As of December 31, 
   2024   2025 
   US$   US$ 
Accrued payroll and welfare   -    885,807 
Accrued expenses (1)   -    276,095 
Contingent consideration liability (2)   -    136,200 
Advance from customers   -    39,096 
Others   -    23,207 
Total accrued expenses and other current liabilities   -    1,360,405 

 

(1)The balance of accrued expenses represented accrued professional services and other miscellaneous fees.

 

(2)The balance of contingent consideration represented the estimated fair value of Fundraising incentive related to the acquisition of TEX and H2N. Refer to Note 3 - Acquisitions for further information about the Group’s acquisition related transactions.