v3.26.3
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Changes in assets and liabilities:    
Net cash used in operating activities $ (4,883,016) $ (3,649,470)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,710) (7,925)
Net cash used in investing activities (1,710) (7,925)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from short-term bank loans 680,998
Repayments of long-term bank loans (33,240) (30,518)
Loans from related parties 6,583,816 4,237,928
Repayment of loans from related parties (2,521,852) (10,602)
Net cash provided by financing activities 4,709,722 4,196,808
Effect of exchange rate changes 105,887 (548,908)
Net decrease in cash (69,117) (9,495)
Cash, at beginning of the period 150,334 194,113
Cash, at end of the period 81,217 184,618
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 2,212 3,696
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:    
Share-based compensation (note 15) 7,384,559 6,856,485
Conversion of convertible notes 154,102
Share of loss from equity method investment (note 12) $ 319,017