v3.26.3
Taxation (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Income Before Income Taxes

(Loss)/income before income taxes is attributable to the following geographic locations:

 

   2024   2025 
   For the years ended December 31, 
   2024   2025 
   US$   US$ 
Hong Kong   -    (1,053,765)
Other   (13,023)   1,198,398 
Total   

(13,023

)   144,633 
Schedule of Income Tax Provision

The income tax provision consists of the following components:

 

   2024   2025 
   For the years ended December 31, 
   2024   2025 
   US$   US$ 
Current income expenses   -    - 
Deferred income tax benefits   -    (111,949)
Total income tax benefits   -    (111,949)
Schedule of Effective Income Tax Reconciliation

A reconciliation between the Group’s actual provision for income taxes and the provision under the Hong Kong statutory rate is as follows:

 

   2024   2025 
   For the years ended December 31, 
   2024   2025 
   US$   US$ 
(Loss)/income before income taxes   (13,023)   144,633 
Hong Kong statutory income tax rate   16.50%   16.50%
Computed income tax (benefits)/expenses with Hong Kong statutory income tax rate   

(2,149

)   23,865 
Impact of different tax rates in other jurisdictions   2,149    

(197,961

)
Non-taxable income   -    (7)
Non-deductible expenses   -    41 
Change in valuation allowance   -    62,113 
Income tax benefits   -    (111,949)
Effective tax rate   -    (77.40)%
Schedule of Deferred Tax Assets

As of December 31, 2024 and 2025, the significant components of the deferred tax assets were summarized below:

 

       
   As of December 31, 
   2024   2025 
   US$   US$ 
Deferred tax assets:          
Net operating loss carried forward   -    909,301 
Provision for credit loss   -    15,876 
Deferred tax assets, gross   -    925,177 
Less: valuation allowance   -    (62,082)
Deferred tax assets, net of valuation allowance   -    863,095 
Net off against deferred tax liabilities   -    (863,095)
Net deferred tax assets   -    - 
           
Deferred tax liabilities:          
Depreciation of property and equipment   -    (23,081)
Intangible assets acquired from business combination (1)   -    (2,505,050)
Deferred tax liabilities   -    (2,528,131)
Net off against deferred tax assets   -    863,095 
Net deferred tax liabilities   -    (1,665,036)

 

(1)The Group initial recognized US$2,642,124 of deferred tax liability from business combination (Note 3) and reversed US$111,950 due to amortization of related intangible assets for the period from the acquisition dates to December 31, 2025.
Schedule of Changes in Valuation Allowance

Changes in valuation allowance are as follows:

 

   2024   2025 
   As of December 31, 
   2024   2025 
   US$   US$ 
Balance at beginning of the year  -   - 
Current-year additions   -    62,113 
Foreign exchange translation adjustments   -    (31)
Balance at end of the year   -    62,082