v3.26.3
Prepayments
6 Months Ended
Jun. 30, 2026
Notes and other explanatory information [abstract]  
Prepayments

8. Prepayments

 

   As of   As of 
   June 30, 2026   December 31, 2025 
Prepayment for purchases  $116,330   $78,070 
Prepaid sales tax   165,302    152,890 
Prepayment for business expansion (Note)   423,960    - 
Other prepayments   77,001    78,729 
Prepayments   $782,593   $309,689 

 

Note: The payment was related the expenses incurred for expansion our market to overseas after entering into an exclusive global distribution agreement with Patriot Green Energy Technology (“PSSB”), a next-generation solid-state battery developer/manufacturer with a significant minority investment from Taiwan’s ITRI, making J-Star the sole global distributor of PSSB products for electric assist bicycles and electric motorcycles and a non-exclusive distributor for PSSB’s other products.