v3.26.3
Prepayments and Other Assets, Current and Non-Current - Schedule of Prepayments and Other Current Assets from Continuing Operations (Details) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Prepayments and other current assets    
Prepayments to suppliers [1] $ 2,687,141 $ 3,739,837
Due from a supplier [2] 980,404 1,005,942
Prepaid marketing, advertising and other professional expenses 908,298 823,122
Loans to third parties [3] 1,293,529 1,212,614
Tax recoverable 137,134 7,544
Others 225,581 198,574
Total prepayments and other current assets 6,232,087 6,987,633
Other non-current assets    
Long-term deposits [4] 650,728 583,591
Others 147,963 15,352
Total other non-current assets $ 798,691 $ 598,943
[1] The balances represented advances to suppliers for purchase of cosmetics and other beauty products.
[2] 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.
[3] 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.
[4] 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.