v3.26.3
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases  
Schedule of operating and finance lease expenses

Operating and finance lease expenses consist of the following:

 

Schedule of operating and finance lease expenses

              
      For the Six Months Ended June 30, 
   Classification 

2026

  

2025

 
      (Unaudited)   (Unaudited) 
Operating lease cost             
Lease expenses  General and administrative  $72,065   $96,280 
Finance lease cost             
Amortization of leased asset  General and administrative   3,255    3,623 
Interest on lease liabilities  Other expense -Interest expenses   895    1,265 
Total lease expenses     $76,215   $101,168 
Schedule of weighted average remaining term and discount rate

Weighted-average remaining term and discount rate related to leases were as follows:

 

Schedule of weighted average remaining term and discount rate

  

As of

June 30, 2026

  

As of

December 31, 2025

 
         
Weighted-average remaining term          
Operating lease   1.7 years    1.2 years 
Finance leases   4.9 years    2.4 years 
Weighted-average discount rate          
Operating lease   5.03%   5.54%
Finance leases   5.25%   9.60%
Schedule of future minimum lease payments

The following table sets forth the Company’s minimum lease payments in future periods as of June 30, 2026:

 

Schedule of future minimum lease payments

  

Operating

lease

  

Finance

lease

     
   payments   payments   Total 
Twelve months ending June 30, 2027  $210,756   $8,121   $218,877 
Twelve months ending June 30, 2028   93,096    8,121    101,217 
Twelve months ending June 30, 2029   -    8,121    8,121 
Twelve months ending June 30, 2030   -    8,121    8,121 
Twelve months ending June 30, 2031   -     14,493    14,493 
Total lease payments   303,852    46,977    350,829 
Less: discount   (11,920)   (6,270)   (18,190)
Present value of lease liabilities  $291,932   $40,707   $332,639