v3.26.3
INCOME TAXES (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
CADV Ventures S.A [Member]    
SCHEDULE OF INCOME TAX EXPENSE  

   2025   2024 
   For the years ended
December 31,		 
   2025   2024 
   US$   US$ 
Current tax expense   —    — 
Deferred tax expense   —    — 
Income tax expenses   —    — 
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION  

A reconciliation of the income tax expense determined at the Poland statutory income tax rate to the Company’s actual income tax expense is as follows:

 

   2025   2024 
   For the years ended
December 31,		 
   2025   2024 
   US$   US$ 
Income/(loss) before income tax expense   110,132    (502,769)
Statutory income tax rate   19%   19%
Income tax at Poland statutory income tax rate   20,925    (95,526)
Tax effect of non-taxable items   1,160    14 
Tax effect of waived interest payable to related parties   13,764    — 
Tax effect of non-deductible offering expenses   19,000    — 
Change in valuation allowance of deferred tax assets   (54,849)   95,512 
Income tax expense   —    — 
Effective income tax rate   0%   0%
SCHEDULE OF DEFERRED TAX ASSETS  

The Company’s deferred tax assets at December 31, 2025 and 2024 were as follows:

 

   2025   2024 
   As of December 31, 
   2025   2024 
   US$   US$ 
Deferred tax assets          
Net operating loss carried forward   47,441    87,249 
Other temporary differences   3,940    5,438 
Total deferred tax assets   51,381    92,687 
Less, valuation allowance   (51,381)   (92,687)
Deferred tax assets, net   —    — 
SCHEDULE OF DEFERRED TAX VALUATION ALLOWANCE  

The movement of the Company’s deferred tax valuation allowance for the years ended December 31, 2025 and 2024 were as follows:

 

   2025   2024 
   As of December 31, 
   2025   2024 
   US$   US$ 
Balance at beginning of the year   92,687    — 
Addition of valuation allowance   —    95,512 
Reversal of valuation allowance   (54,849)   — 
Foreign exchange translation adjustment   13,543    (2,825)
Balance at end of the year   51,381    92,687 
Kukugan Invest [Member]    
SCHEDULE OF INCOME TAX EXPENSE

 

   Successor 2026   Predecessor 2026   Predecessor 2025 
   Successor   Predecessor 
  

For the period from

January 6 through

June 30,

  

For the period

from January 1

through 5

 

 

For the six

months ended

June 30

 
   2026   2026   2025 
   US$   US$   US$ 
Current tax expense   —    —    — 
Deferred tax expense   —    —    — 
Income tax expenses   —    —    — 
  
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

All the Group’s operation is conducted through its subsidiary, CADV, therefore the profit/loss before tax is entirely generated from the Republic of Poland. A reconciliation of the income tax expense determined at the Poland statutory income tax rate to the Company’s actual income tax expense is as follows:

 

   Successor 2026          Predecessor 2026        Predecessor 2025     
   Successor    Predecessor
  

For the period from

January 6 through

June 30,

   

For the period from

January 1 through 5,

 

For the six

months ended

June 30,

   2026    2026  2025
   US$    US$  US$
(Loss) income before income tax expense   (105,668)   100%     (333)   100%   190,748    100%
Statutory income tax rate   19%          19%        19%     
Income tax at Poland statutory income tax rate   (20,077)   19%     (63)   19%   36,242    19%
Tax effect of non-deductible items   386    0.4%     —    —    60    0.03%
Tax effect of non-deductible IPO expenses   28,135    26.6%     —    —    —    — 
Change in valuation allowance of deferred tax assets   (8,445)   (8.0)%     63    19%   (36,302)   (19)%
Income tax expense   —    —      —    —    —    — 
Effective income tax rate   0%          0%        0%     
  
SCHEDULE OF DEFERRED TAX ASSETS

The Group’s deferred tax assets at June 30, 2026 and December 31, 2025 were as follows:

 

   Successor  Predecessor
   As of June 30,  As of December 31,
   2026  2025
   US$  US$
Deferred tax assets          
Net operating loss carried forward   33,716    47,441 
Other temporary differences   6,809    3,940 
Total deferred tax assets   40,525    51,381 
Less, valuation allowance   (40,525)   (51,381)
Deferred tax assets, net   —    — 
  
SCHEDULE OF DEFERRED TAX VALUATION ALLOWANCE

The movement of the Group’s deferred tax valuation allowance for the Successor period from January 6 through June 30, 2026 and for the Predecessor periods from January 1 through 5, 2026 and for the six months ended June 30, 2025 were as follows:

 

   Successor 2026    Predecessor 2026  Predecessor 2025
   Successor    Predecessor
  

For the period from

January 6 through

June 30,

   

For the period from

January 1 through

January 5,

 

For the six

months ended

June 30,

   2026    2026  2025
   US$    US$  US$
Balance at beginning of the period   51,420      51,381    92,687 
Addition of valuation allowance   —      63    — 
Reversal of valuation allowance   (8,445)     —    (36,302)
Foreign exchange translation adjustment   (2,450)     (24)   4,587 
Balance at end of the period   40,525      51,420    60,972