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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Loss for the period $ (7,062,813) $ (8,195,986)
Adjustments for:    
Depreciation of property and equipment (Note 7) 147,892 89,044
Depreciation of right-of-use assets (Note 6) 288,017 227,394
Amortization of intangible assets (Note 8) 182,735 0
Provision for allowance for credit losses 61,212 66,561
Impairment loss of intangible asset 0 4,063,000
Net gain on warrant liabilities (1,726,802) 24,075
Fair value change of investment properties (Note 9) 44,079 0
Net loss on convertible notes designated at FVTPL 2,617,807 0
Service fees settled by transfer of treasury shares 152,799 52,779
Share-based compensation 0 3,573,000
Gain on derecognition of the net investment in lease (Note 10) (94,078) 0
Interest income (5,990) 0
Finance cost 865,273 367,270
Income tax expenses (Note 17) 99,272 123,038
Total adjustments (4,430,597) 390,175
Changes in operating assets and liabilities:    
Trade receivables 418,767 (191,922)
Trade and other payables (4,926,338) (936,465)
Contract liabilities 572,280 0
Amount due to related parties (556,499) (22,380)
Prepayment and other current assets (1,854,116) 368,512
Cash used in operations (10,776,503) (392,080)
Interest paid (168,640) (232,386)
Income tax paid (82,808) (9,510)
Income tax refund 39,047 0
Net cash used in operating activities (10,988,904) (633,976)
Investing activities    
Purchase of property and equipment (Note 7) (228,527) (131,352)
Purchase of intangible assets (152,000) 0
Loan to a director of a subsidiary and a minor shareholder of the Company (Note 18) (2,767,916) 0
Proceeds from sales of underlying property (Note 10) 3,046,978 0
Receipt of principal portion of finance lease receivable (Note 10) 23,775 0
Acquisition of an investment in financial assets (100,000) 0
Payment of deferred consideration payable in connection with acquisitions (924,895)  
Acquisition of subsidiaries, net cash acquired 0 836,485
Loan to a shareholder (2,593,753) 0
Net cash (used in)/provided by investing activities (3,696,338) 705,133
Financing activities    
Proceeds from issuance of class A shares in connection with the At-The-Market equity offering 18,549,719 0
Gross proceeds from the issue of convertible notes and warrants 4,105,000 0
Redemption and settlement of the convertible notes (5,784,573) 0
Repurchase of warrant liabilities (857,143) 0
Proceeds from guaranteed bank and financial institution loans 860,013 588,003
Loan from a third party 0 342,600
Repayment of loan from a third party (467,935) 0
Loan from a shareholder 0 825,077
Loan to a related party 0 (108,663)
Repayment from a shareholder’s loan 2,052,484 0
Payment of lease liabilities (262,805) (262,805)
Repayment of guaranteed bank and financial institution loans (1,900,444) (571,234)
Net cash provided by financing activities 16,294,316 812,978
Effect of foreign exchange of cash (38,264) (148,693)
Net increase in cash 1,570,810 735,442
Cash balances at beginning of periods 1,511,760 836,907
Cash balances at end of periods $ 3,082,570 $ 1,572,349