GOODWILL

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

13. GOODWILL

The carrying amount of goodwill was $22,324,588 as of January 1, 2024 and remained unchanged through December 31, 2024. During the year ended December 31, 2025, the Company recognized a goodwill impairment charge of $22,324,588, which fully impaired the carrying amount of goodwill, primarily due to the Company’s intention to not invest additional capital funding into the Inventory Management Solution business to support recovery of the goodwill into the future. As of December 31, 2025, no goodwill remained on the consolidated balance sheets.