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Segment information
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment information

Note 17 – Segment information

 

The Company operates as one operating segment, which primarily focuses on platform subscription fees, platform services, managed activations, and professional services. The Company’s chief executive officer is the chief operating decision-maker (“CODM”), manages and allocates resources to the operations of the Company on an entity-wide basis based on the U.S. and International (Singapore, Malaysia, Vietnam and India).

 

Disaggregated information of revenues by services is as follows:

 

   December 31, 2025   December 31, 2024   December 31, 2023 
  

For the Years Ended

 
   December 31, 2025   December 31, 2024   December 31, 2023 
   US$   US$   US$ 
Platform subscription fee  $2,626,572   $4,408,157   $3,167,832 
Platform services   3,310,716    6,233,241    5,244,360 
Managed activations and professional services   101,254    178,967    313,624 
Total revenues  $6,038,542   $10,820,365   $8,725,816 

 

 

   December 31, 2025   December 31, 2024   December 31, 2023 
  

For the Years Ended

 
   December 31, 2025   December 31, 2024   December 31, 2023 
   US$   US$   US$ 
U.S.  $5,000,611   $10,422,293   $8,446,459 
Singapore   1,037,931    398,072    279,357 
Total revenues  $6,038,542   $10,820,365   $8,725,816 

 

In addition, the key measure of segment profitability that the CODM uses to allocate resources and assess performance is net loss, as reported on the statements of operations. The following table presents the significant revenue and expense categories of the Company’s single operating segment:

 

   December 31, 2025   December 31, 2024   December 31, 2023 
  

For the Years Ended

 
   December 31, 2025   December 31, 2024   December 31, 2023 
   US$   US$   US$ 
Revenue  $6,038,542   $10,820,365   $8,725,816 
Media costs   (2,893,685)   (5,743,003)   (5,050,107)
Data costs   (902,596)   (1,362,001)   (1,382,524)
Infrastructure costs   (1,289,912)   (1,232,942)   (1,742,950)
Salary and benefits costs   (4,421,961)   (4,914,926)   (5,094,148)
Amortization of capitalized software development costs   (794,047)   (744,993)   (592,458)
Professional fees     (3,240,293 )     (557,640 )     (1,109,175 )
Other cost of revenue   (9,096)   (42,691)   (8,594)
Other platform operations expenses   (494,564)   (478,369)   (428,218)
Other sales and marketing expenses   (283,815)   (451,798)   (576,152)
Other technology and development expenses   (380,528)   (401,746)   (356,180)
Other general and administrative expenses   (718,495)   (398,424)   (343,605)
Other segment (expenses) income   (2,051,108)   (317,220)   26,762 
Provision for income taxes   (103,616)   (58,223)   (33,239)
Net loss  $(11,545,174)  $(5,883,611)  $(7,964,772)