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Concentration of Revenues and Cost of Revenue
 6 Months Ended
Jun. 30, 2026
Concentration of Revenues and Cost of Revenue [Abstract]  
CONCENTRATION OF REVENUES AND COST OF REVENUE

NOTE 3 – CONCENTRATION OF REVENUES AND COST OF REVENUE

 

Concentration of major customers and suppliers:

 

    For the six months ended June 30,  
    2025     2026  
Major customers representing more than 10% of the Company’s revenues                        
Customer A   $ 12,873,417       55.52 %   $ 3,344,960       12.61 %
Customer B     —       0.00 %     8,224,869       31.00 %
Customer C     —       0.00 %     3,360,236       12.66 %
Total Revenues   $ 12,873,417       55.52 %   $ 14,930,065       56.27 %

 

Revenues from the Company’s major customers accounted for 55.52% and 56.27% of total revenues balances for the six months ended June 30, 2025 and 2026, respectively.

 

    As of December 31,     As of June 30,  
    2025     2026  
Major customers of the Company’s accounts receivable                        
Customer A   $ 3,571,102       34.56 %   $ 1,242,762       13.71 %
Customer B     2,737,837       26.50 %     2,408,822       26.56 %
Customer C     —       0.00 %     1,381,078       15.23 %
Total   $ 6,308,939       61.06 %   $ 5,032,662       55.50 %

 

Accounts receivable from the Company’s major customers accounted for 61.06% and 55.50% of total accounts receivable balances as of December 31, 2025 and June 30, 2026, respectively.

 

    For the six months ended June 30,  
    2025     2026  
Major suppliers of the Company’s cost of revenue                        
Supplier A   $ 2,931,950       12.76 %   $ 1,305,725       4.95 %
Supplier B     4,418,879       19.23 %     5,064,054       19.18 %
Total Cost of Revenue   $ 7,350,829       31.99 %   $ 6,369,779       24.13 %

 

Cost of revenue from the Company’s major suppliers accounted for 31.99% and 24.13% of total cost of revenue balances for the six months ended June 30, 2025 and 2026, respectively.

 

    As of December 31,     As of June 30,  
    2025     2026  
Major suppliers of the Company’s accounts payable                        
Supplier A   $ 1,085,894       10.52 %   $ 401,654       5.93 %
Supplier B     824,737       7.99 %     934,738       13.81 %
Supplier C     311,301       3.02 %     217,031       3.21 %
Supplier D     541,009       5.24 %     221,268       3.27 %
Total   $ 2,762,941       26.77 %   $ 1,774,691       26.22 %

 

Accounts payable from the Company’s major suppliers accounted for 26.77% and 26.22% of total accounts payable balances as of December 31, 2025 and June 30, 2026, respectively.