v3.26.3
LEASES (Tables)
 9 Months Ended
Sep. 30, 2026
Leases  
SCHEDULE OF OPERATING LEASE ASSETS AND LIABILITIES

The following table presents the operating lease related assets and liabilities recorded on the Company’s consolidated balance sheet.

 

  

September 30,

2026

  

December 31,

2025

 
   US$   US$ 
Right-of-use assets   768,386    989,530 
Impairment of right-of-use assets   —    — 
Right-of-use assets, net   768,386    989,530 
           
Operating lease liabilities – current   352,906    270,497 
Operating lease liabilities – non-current   513,251    780,603 
Total operating lease liabilities   866,157    1,051,100 
SCHEDULE OF OFFICE LEASE EXPENSE

The following table presents the components of the Company’s office lease expense for the three and nine months ended September 30, 2026 and 2025, which are included in general and administrative expenses on the consolidated statements of operations:

 

                 
  

For the three months ended

September 30,

  

For the nine months ended

September 30,

 
   2026   2025   2026   2025 
Operating lease cost   72,750    80,644    258,969    244,646 
Variable lease cost   —    —    —    — 
Operating lease expense   72,750    80,644    258,969    244,646 
Short-term lease rent expense   —    —    66,546    4,357 
Total lease expense  $72,750   $80,644   $325,515   $249,003 
SCHEDULE OF MATURITY OPERATING LEASE LIABILITIES

The following table summarizes the maturity of operating lease liabilities as of September 30, 2026:

 

   US$ 
2026   95,472 
2027   390,640 
2028   400,406 
2029   33,435 
Total   919,953 
Less: imputed interest   (53,796)
Present value of lease liabilities   866,157