| 4. | ACCOUNTS RECEIVABLE, NET |
Accounts receivable, net consisted of the following: | | | As of
June 30, | | | As of
December 31, | | | | | 2026 | | | 2025 | | | Accounts receivable | | $ | 7,441 | | | | 7,489 | | | Allowance for expected credit loss | | | (7,441 | ) | | | (7,489 | ) | | Accounts receivable, net | | $ | - | | | | - | | The Group recorded nil and $10,359 bad debt expense for the six months ended June 30, 2026 and 2025, respectively. The movement of the allowance for expected credit loss is as follows: | | | For the
six months
Ended
June 30, | | | For the
six months
Ended
June 30, | | | | | 2026 | | | 2025 | | | Balance as of the beginning of the period | | $ | (7,489 | ) | | $ | (10,265 | ) | | Expected credit loss provision | | | - | | | | (10,359 | ) | | Exchange difference | | | 48 | | | | 1,711 | | | Balance as of the end of the period | | $ | (7,441 | ) | | $ | (18,913 | ) |
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