XML 44 R35.htm IDEA: XBRL DOCUMENT v3.26.3
Contract Assets, Net and Liabilities (Tables)
 6 Months Ended
Jun. 30, 2026
Contract Assets, Net and Liabilities [Abstract]  
Schedule of Contract Assets Is Presented Net of Allowance for Expected Credit Loss

Contract assets is presented net of allowance for expected credit loss. 

 

    As of
December 31,		     As of
June 30,		  
    2025     2026  
Contract assets   $ 466,917     $ 733,528  
Less: allowance for expected credit loss     (1,200 )     (1,886 )
Total   $ 465,717     $ 731,642  
Schedule of Movement of Contract Assets

The movement of contract assets is as follows:

 

    As of
December 31,		     As of
June 30,		  
    2025     2026  
             
Balance at beginning of the year/period   $ 1,060,590     $ 466,917  
Additions     53,151,084       26,533,591  
Reclassified to receivables due to billings     (53,744,757 )     (26,266,980 )
Total   $ 466,917     $ 733,528  
Schedule of Movement of Allowances for Expected Credit Loss

The movement of allowances for expected credit loss is as follow:

 

    As of
December 31,		     As of
June 30,		  
    2025     2026  
             
Balance at beginning of the year/period   $ (2,919 )   $ (1,200 )
Reversal (provision)     1,719       (686 )
Total   $ (1,200 )   $ (1,886 )