v3.26.3
Unaudited Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES          
Loss before tax $ (7,934,336) $ (2,218,871) $ (5,138,570) $ (37,678,411) $ (172,537,530)
Adjustments for:          
Finance costs 22,490 26,173 53,853 25,472 19,028,007
Interest income (203,031) (314,957) (581,768) (1,478,436) (872,503)
Gain on disposal of items of property and equipment, net (2,262) (1,438) (7,068) (3,690)
Depreciation of property and equipment 153,174 95,546 165,847 309,033 218,471
Depreciation of right-of-use assets 379,407 363,611 743,146 712,003 743,956
Decrease/(increase) in accounts receivable 2,778,176 (1,888,436) (4,854,581) 3,185,104 (7,396,057)
Adjustments for depreciation and amortisation expense     103,513 3,021,933 6,202,250
Amortization of intangible assets 114,089 164,367      
Written off/impairment of other assets 73,719 1,193,246 4,541,074 3,105,507
Provision for expected credit loss, net of reversal 7,270 (14,289) 26,324 112,122 2,199
Equity-settled share-based payment expense 556,518 745,096 1,288,714 3,179,214 6,629,044
Changes in fair value of financial instruments, net 52,566 (157,698) (262,829) (446,811) 57,333,432
Net benefits expenses recognised defined benefit obligations 24,613 31,488 62,602 79,131 56,672
Unrealized foreign exchange differences, net 2,445,951 (3,962,673) (4,800,870) 4,196,831 (895,392)
Other equity-settled transactions     500,000
Share-based payment on listing     67,027,178
Gain on disposal of assets in Malaysian operations     (600,000)
Other long-term employee benefits expense     109,702
Impairment of other assets     316,113
Total adjustments (4,307,570) (5,244,469) (6,832,117) (24,033,913) (13,352,697)
(Increase)/decrease in contract assets 2,912,674 (5,699,216) (6,093,362) 4,017,017 (4,759,157)
Decrease/(increase) in prepayments, deposits and other receivables (804,436) 248,256 3,681,682 (5,569,341) (1,196,743)
(Decrease)/increase in accounts and other payable (2,973,241) 779,203 3,898,635 (2,340,190) 9,721,951
Payment for reinstatement of terminated lease     (33,977)
Cash used in operations (2,394,397) (11,804,662) (10,199,743) (24,741,323) (17,016,680)
Interest paid (21,484) (26,065) (53,629) (23,700) (48,363)
Income tax paid (25,035) 22,418 (49,149) 22,338
Retirement benefits paid under defined benefit obligation     (17,726) (74,016)
Net cash flows used in operating activities (2,415,881) (11,855,762) (10,248,680) (24,888,188) (17,042,705)
CASH FLOWS FROM INVESTING ACTIVITIES          
Interest received 199,889 311,260 574,844 1,467,357 859,454
Purchases of items of property and equipment (369,006) (72,354) (122,643) (337,508) (117,337)
Proceeds from disposal of items of property and equipment 2,262 5,109 7,068 6,104
Placement of rental deposits     (51,861)
Additions to intangible assets (267,693) (453,553) (663,955) (1,397,149) (2,097,621)
Placement of pledged bank deposits 40,031 887 190 3,409 7,138
Net cash flows used in investing activities (396,779) (211,498) (258,316) (256,823) (1,342,262)
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from loan notes     5,000,000
Proceeds from Capital Reorganization, net     91,513,464
Settlement of loan notes     (32,720,827)
Proceeds received from exercise of share options 16 34 159
Principal portion of lease payments (365,886) (339,863) (724,633) (721,892) (730,908)
Net cash flows used in financing activities (365,886) (339,847) (724,599) (721,733) 63,061,729
NET DECREASE IN CASH AND CASH EQUIVALENTS (3,178,546) (12,407,107) (11,231,595) (25,866,744) 44,676,762
Cash and cash equivalents at beginning of period 31,185,296 42,521,520 42,521,520 68,641,016 24,077,695
Effect of foreign exchange rate changes, net 153,060 58,553 (104,629) (252,752) (113,441)
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 28,159,810 $ 30,172,966 $ 31,185,296 $ 42,521,520 $ 68,641,016