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Property and equipment, net (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net
Property and equipment are stated at cost net of accumulated depreciation and impairment. Depreciation is provided over the estimated useful lives of the assets using the straight-line method from the time the assets are placed in service. Upon retirement or disposal, the cost and accumulated depreciation are removed from the accounts and any gain or loss is included in the consolidated statements of operations and comprehensive income (loss). Maintenance and repair costs are charged against earnings as incurred. Estimated useful lives are as follows:
Useful Life
Building20 years
Leasehold Improvements
Lesser of lease term and expected useful life
Machinery and equipment
3 – 5 years
Furniture and fixtures
3 – 5 years
Vehicles5 years
Molds
3 – 5 years
Property and equipment, net consist of the following:
As of
December 31, 2025
As of
December 31, 2024
USDUSD
Building$946,066 $946,066 
Leasehold Improvements2,387,353 1,919,687 
Machinery and equipment3,954,055 3,549,167 
Furniture and fixtures281,498 274,994 
Vehicles147,912 147,912 
Molds26,377 26,377 
Subtotal7,743,261 6,864,203 
Less: accumulated depreciation(3,889,397)(3,311,647)
Prepayment for purchase of equipment and construction-in-progress— 81,784 
Total$3,853,864 $3,634,340