v3.26.3
Income taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of components of loss before income taxes

The United States and foreign components of loss before income taxes were comprised of the following:

 

  

For the

Six Months Ended

June 30, 2026

  

For the

Six Months Ended

June 30, 2025

 
   US$   US$ 
U.S. loss  $(403,873)  $(1,632,480)
Foreign loss   (5,007,886)   (2,910,830)
Total loss before income taxes  $(5,411,759)  $(4,543,310)
Schedule of provision for income taxes

The provision for income taxes consisted of the following:

 

   

For the

Six Months Ended

June 30, 2026

   

For the

Six Months Ended

June 30, 2025

 
    US$     US$  
Current   $       $    
Federal     -       -  
State     891       28,851  
Foreign     21,480       42,773  
Deferred                
Federal     -       -  
State     -       -  
Foreign     20       3,139  
Provision for income taxes   $ 22,391     $ 74,763  
Schedule of aggregate deferred tax assets

The following table sets forth the significant components of the aggregate deferred tax assets of the Company:

 

   

As of

June 30, 2026

   

As of

December 31, 2025

 
    US$     US$  
Deferred Tax Assets                
Net operating loss carryforwards – U.S.   $ 6,966,678     $ 6,821,392  
Net operating loss carryforwards – Singapore     4,969,659       4,605,688  
Net operating loss carryforwards – Other counties     451,417       714,248  
Less: valuation allowance     (12,387,754 )     (12,141,328 )
Deferred tax assets, net   $ -     $ -  
Schedule of supplemental schedule of cash paid for income taxes

The following is a supplemental schedule of cash paid for income taxes:

 

Schedule of supplemental schedule of cash paid for income taxes 

         
  

For the Six Months Ended

June 30,

 
  

2026

(Unaudited)

  

2025

(Unaudited)

 
Cash paid during the period for income taxes, net of refunds:          
Federal  $-   $- 
State and local   891    28,051 
Foreign   21,500    12,466 
Total cash paid during the period for income taxes  $22,391   $40,517