v3.26.3
CONCENTRATION RISK (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Risks and Uncertainties [Abstract]    
SCHEDULE OF CONCENTRATION RISK

  

Customer Concentration

 

The Company generates a significant portion of its revenues from a limited number of customers. Customers accounting for 10% or more of total revenues for the three and six months ended June 30, 2026 and 2025 were as follows:

 

   Three months ended   Six months ended 
   June 30,   June 30, 
   2026   2025   2026   2025 
                 
Kami Vision Incorporated   83%   36%   81%   34%

 

As of June 30, 2026 and December 31, 2025, customers representing 10% or more of total accounts receivable – related party were as follows:

 

   June 30,   December 31, 
   2026   2025 
         
Kami Vision Incorporated   84%   79%
ZKCam Technology Limited   16%   21%

 

The loss of, or a significant reduction in business from, any of these customers could have a material adverse effect on the Company’s business, financial condition, and results of operations.

 

 

Supplier Concentration

 

The Company relies on a limited number of suppliers for the procurement of inventory and related products. Suppliers accounting for 10% or more of total inventory purchases for the three and six months ended June 30, 2026 and 2025 were as follows:

 

   Three months ended   Six months ended 
   June 30,   June 30, 
   2026   2025   2026   2025 
                 
Ants Technology (HK) Limited (related party)   -   -   100%   -
Senslab Technology Co., Ltd (related party)   -    100%   -   100%

 

Customer Concentration

 

The Company’s revenues are concentrated among a limited number of customers. The following customer accounted for 10% or more of total revenues for the years ended December 31, 2025 and 2024:

 

   Years ended 
   December 31, 
   2025   2024 
           
Kami Vision Incorporated   52%   27%

 

As of December 31, 2025 and 2024, the following customer accounted for 10% or more of total accounts receivable:

 

   December 31,   December 31, 
   2025   2024 
           
Kami Vision Incorporated   79%   82%
ZKCam Technology Limited   21

%

   

-

%

 

The loss of this customer or a significant reduction in purchases by this customer could have a material adverse effect on the Company’s business, financial condition, and results of operations.

 

Supplier Concentration

 

The Company relies on a limited number of suppliers for its inventory purchases. The following suppliers accounted for 10% or more of total purchases for the years ended December 31, 2025 and 2024:

 

   Years ended 
   December 31, 
   2025   2024 
         
Senslab Technology Co., Ltd (related party)   0%   92%
Senslab HK Limited (related party)   100%   8%
Third-party supplier   0%   0%

 

 

As of December 31, 2025 and 2024, the following suppliers accounted for 10% or more of total accounts payable:

 

   December 31,   December 31, 
   2025   2024 
         
Senslab Technology Co., Ltd (related party)   0%   73%
Senslab HK Limited (related party)   0%   27%