Prepayments and other current assets |
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Prepayments And Other Current Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Prepayments and other current assets | Note 6 – Prepayments and other current assets
Prepayments and other current assets consist of the following:
Prepaid expenses include US$125,000 representing an advance payment for corporate advisory services. These services include ongoing guidance on financing planning and structure design, the negotiation investment terms and the capital market positioning of the Company, for services to be rendered over the 3-month period ending September 30, 2026.
Prepayments to a related party of US$1,032,500 are presented separately in the unaudited condensed consolidated balance sheets and disclosed in Note 10.
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