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Other Current Assets
12 Months Ended
Dec. 31, 2025
Other Current Assets [Abstract]  
OTHER CURRENT ASSETS

4. OTHER CURRENT ASSETS

 

Other current assets consisted of the following:

 

   As of
December 31,
 
   2025   2024 
Payments made on behalf of a third party(a)  $315,000   $315,000 
Prepaid expenses   28,712    67,865 
Less: allowance for credit losses   (315,000)   
 
   $28,712   $382,865 

 

(a) Before entering into a Merger Agreement with FLFV, TP Holdings entered into a letter of intent with Aetherium Acquisition Corp. (“GMFI”) to explore a potential business combination. TP Holdings paid extension loans in an amount of $300,000 and working capital loans in an amount of $15,000 on behalf of GMFI. In March 2024, the letter of intent with GMFI was terminated. For the year ended December 31, 2025, the Company provided full allowance for credit losses against the balance due to liquidation of GMFI.