| Schedule of prepaid expenses and other current assets, net |
| Schedule of prepaid expenses and other current assets, net |
|
|
|
|
|
|
|
|
| |
|
As of |
| |
|
December 31, 2025 |
|
June 30, 2026 |
| |
|
$US |
|
$US |
| |
|
|
|
(Unaudited) |
| Dividends receivable (1) |
|
|
— |
|
|
|
1,762,566 |
|
| Deductible value-added tax |
|
|
592,303 |
|
|
|
2,047,527 |
|
| Advance to suppliers |
|
|
181,890 |
|
|
|
167,616 |
|
| Deposits |
|
|
24,044 |
|
|
|
117,013 |
|
| Prepaid expenses |
|
|
113,091 |
|
|
|
241,709 |
|
| Advance to staff |
|
|
52,866 |
|
|
|
43,000 |
|
| Total prepaid expenses and other current assets, gross |
|
|
964,194 |
|
|
|
4,379,431 |
|
| Less: provision for credit loss |
|
|
— |
|
|
|
— |
|
| Total prepaid expenses and other current assets, net |
|
|
964,194 |
|
|
|
4,379,431 |
|
| (1) | In June 2026, PSM-ZJK Fasteners (Shenzhen) Co., Ltd. (“PSM-ZJK”), in which the Company holds
a 49% equity interest (see Note 6), announced a dividend distribution of US$3,485,424 to the Company, and made a payment of
US$1,742,712. As of June 30, 2026, the remaining balance of dividends receivable amounted to US$1,762,566 and has been fully received
in July 2026. |
|