XML 29 R14.htm IDEA: XBRL DOCUMENT v3.26.1
Equipment, Net
12 Months Ended
Dec. 31, 2025
Equipment, Net [Abstract]  
EQUIPMENT, NET

7. EQUIPMENT, NET

 

Equipment consisted of the following:

 

   As of December 31, 
   2025   2024 
Electronic equipment  $82,092   $78,660 
Motor vehicles   1,959,909    393,195 
    2,042,001    471,855 
Less: accumulated depreciation   (354,900)   (285,762)
Less: impairment loss   (47,830)   (47,830)
Equipment, net  $1,639,271   $138,263 

 

For the years ended December 31, 2025, 2024 and 2023, the Group recorded depreciation expenses of $97,773, $42,410 and $4,149 as general and administrative expenses, respectively.