v3.26.3
LEASES (Tables)
 6 Months Ended
Jun. 30, 2026
Leases  
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO OPERATING LEASES

Supplemental balance sheet information related to operating leases was as follows:

 

   December 31, 2025   June 30, 2026 
   As of 
   December 31, 2025   June 30, 2026 
Operating lease:          
Right-of-use assets, net  $7,363,312   $7,528,176 
           
Lease liabilities:          
Current lease liabilities  $1,924,657   $2,299,696 
Non-current lease liabilities   5,572,603    5,377,461 
Total lease liabilities  $7,497,260   $7,677,157 
SCHEDULE OF OPERATING LEASE ACTIVITIES

A summary of operating lease expenses recognized in the Company’s consolidated statements of operations and comprehensive income is as follows:

   

   2025   2026 
   Six months ended June 30, 
   2025   2026 
Amortization of right-of-use assets  $1,118,679   $1,241,920 
Interest of lease liabilities   160,078    204,325 
Total operating lease expenses  $1,278,757   $1,446,245 
SCHEDULE OF OTHER SUPPLEMENTAL INFORMATION

Other supplemental information about the Company’s operating leases as of:

  

    December 31, 2025    June 30, 2026 
Weighted average discount rate   1.2-7.59%    1.2-7.59% 
Weighted average remaining lease term (years)   0.08-9 years    0.42-8.5 years 
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS DUE FOR OPERATING LEASES

The following table summarizes the future minimum lease payments due under the Company’s operating leases as of June 30, 2026:

  

For the year ending December 31,  Amounts 
2026 (six months)  $1,365,541 
2027   2,400,120 
2028   1,759,193 
2029   1,053,058 
2030   669,388 
Thereafter   1,405,333 
Total minimum lease payments   8,652,633 
Less: imputed interest   (975,476)
Future minimum lease payments  $7,677,157