| Schedule of Prepayments and Other Current Assets from Continuing Operations |
Prepayments and other current assets from continuing operations consist of the following: | | | June 30,
2026 | | | December 31,
2025 | | | Prepayments and other current assets | | | | | | | | Prepayments to suppliers (a) | | $ | 2,687,141 | | | $ | 3,739,837 | | | Due from a supplier (b) | | | 980,404 | | | | 1,005,942 | | | Prepaid marketing, advertising and other professional expenses | | | 908,298 | | | | 823,122 | | | Loans to third parties (c) | | | 1,293,529 | | | | 1,212,614 | | | Tax recoverable | | | 137,134 | | | | 7,544 | | | Others | | | 225,581 | | | | 198,574 | | | | | $ | 6,232,087 | | | $ | 6,987,633 | | | Other non-current assets | | | | | | | | | | Long-term deposits (d) | | $ | 650,728 | | | $ | 583,591 | | | Others | | | 147,963 | | | | 15,352 | | | | | $ | 798,691 | | | $ | 598,943 | | | (a) | The balances represented advances to suppliers for purchase of cosmetics and other beauty products. | | (b) | The balance as of June 30, 2026 and December 31, 2025 represented prepayments advanced to one supplier which terminated cooperation with the Company. The Company reclassified the balance from prepayments to a supplier to due from a supplier. As of the date of this report, the Company has collected $937,261 of the outstanding balance. | | (c) | As of June 30, 2026 and December 31, 2025, the balance represented loans provided to Shanghai Jingyue and accrued interest. The loans bear interest rate of 3% per annum and are repayable on December 30, 2026. | | (d) | The long-term deposits represented deposits made to certain marketplaces on which the Company sells cosmetic products. The deposits are repayable upon termination of corporation with the marketplaces. Pursuant to the agreements with marketplaces, the corporation terms were generally ranged between two and three years. |
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