CONVERTIBLE PROMISSORY NOTE AND WARRANT (Tables)

6 Months Ended

Jun. 30, 2026

CONVERTIBLE PROMISSORY NOTE AND WARRANT [Abstract]

Movement of Convertible Promissory Note

The movement of Note during the six months ended June 30, 2026 and 2025 are as follows:

	Liability component
As of December 31, 2024	$	9,952,000
Convertible promissory notes issued during the period		-
Note amendment		1,756,137
Exercise		(1,214,708	)
Fair value change recognized		(214,429	)
As of June 30, 2025 (Unaudited)	$	10,279,000
As of December 31, 2025		3,955,897
Convertible promissory notes issued during the period		-
Redemption of convertible promissory notes		-
Fair value change recognized		(1,332,520	)
As of June 30, 2026 (Unaudited)	$	2,623,377

Movement of Warrants

The movement of warrants during the six months ended June 30, 2026 and 2025 are as follows:

	Investor warrants component						Placement agent warrants component
	Shares *			Amount			Shares *		Amount
As of December 31, 2024		14,504		$	12,137,087			4,122	$	3,455,829
Exercise of warrants		(14,504	)		(12,487,838	)		-		-
Fair value change recognized		-			350,751			-		968
As of June 30, 2025 (Unaudited)		-		$	-			4,122	$	3,456,797
As of December 31, 2025		-		$	-			4,122	$	3,457,055
Exercise of warrants		-			-			-		-
Fair value change recognized		-			-			-		(770	)
As of June 30, 2026 (Unaudited)		-		$	-			4,122	$	3,456,285

* On April 13, 2026, the Company effected a 1-for-60 reverse stock split of its issued and outstanding common stock (the “Reverse Stock Split”). As a result of the Reverse Stock Split, every sixty (60) shares of the Company’s common stock were automatically combined into one (1) share of common stock, with any fractional shares rounded up to the nearest whole share.

Warrant [Member]

CONVERTIBLE PROMISSORY NOTE AND WARRANT [Abstract]

Fair Value Assumptions

The fair value for these two warrants were computed using the Binomial model with the following assumptions:

Fair Value Assumptions – Warrants	June 30, 2026 (Unaudited)			December 31, 2025
Expected term (years)		1.05			1.55
Volatility		49.10	%		60.65	%
Risk free rate		4.00	%		3.52	%
Expected expiry date	July 19, 2027			July 19, 2027

Convertible Promissory Note [Member]

CONVERTIBLE PROMISSORY NOTE AND WARRANT [Abstract]

Fair Value Assumptions

We determined the fair value by using the following key inputs to the Binomial Tree Model as of June 30, 2026 and December 31, 2025:

Fair Value Assumptions - Convertible Promissory Note	June 30, 2026 (Unaudited)			December 31, 2025
Face value principal payable		2,800,000			2,800,000
Original conversion price	$	6.0 per share		$	6.0 per share
Interest Rate		8.00	%		8.00	%
Expected term (years)		0.56			0.05
Volatility		46.80	%		59.00	%
Market yield (range)		24.34	%		9.78	%
Risk free rate		3.99	%		0.76	%
Issue date		October 23, 2025			October 23, 2025
Maturity date		January 19, 2027			January 19, 2026