v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 10,631,743 $ 6,708,340
Accounts receivable, net 3,586,699 2,445,245
Advance to suppliers 47,174 313,924
Inventories 2,020,990 2,163,437
Deposits to others 900,000
Loan to third party 5,514,323
Prepaid expenses 698,537 144,274
Other receivables 546,337 7,478
Total Current Assets 23,945,803 11,782,698
Noncurrent Assets    
Plant, property and equipment, net 75,357 21,942
Operating lease right-of-use assets, net 78,554 594,801
Non-marketable equity investment 12,003,288
Investment in fund 79,300,169 23,104,628
Lease deposit 97,119 43,260
Total Noncurrent Assets 91,554,487 23,764,631
Total Assets 115,500,290 35,547,329
Current Liabilities    
Accounts payable 791,082 327,134
Operating lease liabilities, current 59,882 591,350
Finance lease liabilities - current 21,437 20,574
Contract liabilities 402,484 58,786
Loan from shareholders 398,014
Accrued liabilities and other payables 698,558 943,312
Other loan 3,572
Security deposit 50,000
Total Current Liabilities 1,973,443 2,392,742
Noncurrent Liabilities    
Other loan 138,013 137,117
Finance lease liabilities - non-current 3,688 19,876
Convertible notes 5,279,449 5,038,026
Deferred tax liability 4,209,820
Total Noncurrent Liabilities 9,630,970 5,195,019
Total Liabilities 11,604,413 7,587,761
Contingencies and Commitments
Stockholders’ Equity    
Common stock, $0.001 par value; 5,000,000,000 shares authorized, 64,875,627 and 41,885,728 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 64,876 41,886
Additional paid-in capital 133,148,192 80,823,528
Accumulated other comprehensive income 452,443 504,247
Accumulated deficits (29,769,634) (53,410,093)
Total Stockholders’ Equity 103,895,877 27,959,568
Total Liabilities and Stockholders’ Equity $ 115,500,290 $ 35,547,329