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Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash $ 10,093 $ 52,616
Short-term investments 933
Prepaid expenses for forward purchase contract 13,114,964 13,114,964
Other current assets 28,712 382,865
Total Current Assets 13,154,702 13,550,445
Non-current Assets    
Right of use assets 17,865 4,614
Total Non-current Assets 17,865 4,614
Total Assets 13,172,567 13,555,059
Current Liabilities    
Other payable and accrued expenses 1,961,155 2,340,440
Lease liabilities, current 14,877 3,455
Underwriter fee payable 2,921,250 2,921,250
Total Current Liabilities 8,355,116 7,031,432
Non-current Liabilities    
Lease liabilities, non-current 1,703
Total Non-current Liabilities 1,703
Total Liabilities 8,356,819 7,031,432
Commitments and Contingencies (Note 12)
Shareholders’ Equity    
Common stock ($0.0001 par value, 1,000,000,000 shares authorized; 70,724,664 and 70,724,664 shares issued at December 31, 2025 and 2024, respectively; 50,724,664 and 50,724,664 shares outstanding at December 31, 2025 and 2024, respectively)* [1] 5,073 5,073
Additional paid-in capital 43,862,158 43,450,667
Accumulated loss (39,051,663) (36,932,246)
Accumulated other comprehensive (loss) income 180 133
Total Shareholders’ Equity 4,815,748 6,523,627
Total Liabilities and Shareholders’ Equity 13,172,567 13,555,059
Related Party    
Current Liabilities    
Amount due to related parties $ 3,457,834 $ 1,766,287
[1] The difference between issued and outstanding shares relates to 20,000,000 earnout shares held in escrow that will vest upon achievement of certain performance milestones.