v3.26.3
SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING

18. SEGMENT REPORTING

 

The Company’s chief operating decision maker has been identified as the Chief Executive Officer (“CEO”) who reviews financial information of operating segments based on US GAAP amounts when making decisions about allocating resources and assessing performance of the Company.

 

The Company determined that it operated in one operating segment, which includes the sales of energy storage system integration equipment and supporting accessories for use in a wide array of applications.

 

The Company primarily operates in the PRC and substantially all of the Company’s long-lived assets are located in the PRC.

  

         
   For the Six months ended June 30 
   2026   2025 
   (Unaudited)   (Unaudited) 
Revenues  $2,899,110   $19,229 
Less:          
Cost of revenues    2,890,116    17,306 
Staff cost   222,831    94,992 
Lease expense   16,206    93,245 
Depreciation and amortization expense   25,488    -  
Professional fee   1,321,127    907,838 
Interest expense (income)   147,550    22,699 
Other segment items(i)   386,087    305,731 
           
Segment net loss   (2,110,295)   (1,422,582)
           
Consolidated net loss from continuing operations  $(2,110,295)  $(1,422,582)

 

  (i) Other segment items include foreign currency exchange losses, fair value losses on short-term investment and others.