v3.26.3
Prepaid Expenses and Other Current Assets
6 Months Ended
Jun. 30, 2026
Prepaid Expenses and Other Current Assets [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS
5. PREPAID EXPENSES AND OTHER CURRENT ASSETS

 

Prepaid expenses and other current assets consisted of the following:

 

    As of
June 30,
    As of
December 31,
 
    2026     2025  
Prepayments to suppliers   $ 268,111     $ 274,628  
Deposits     136,241       137,583  
Tax prepayment     65,145       65,561  
Other receivables     5,438       5,504  
Total prepaid expenses and other current assets   $ 474,935     $ 483,276  

 

The Group did not record any bad debt expense for the six months ended June 30, 2026 and 2025.

 

The movement of the allowance for credit losses 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   $            -     $ (73,196 )
Reversal     -       -  
Exchange difference     -       (5,427 )
Balance as of the end of the period   $ -     $ (78,623 )