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CONCENTRATION OF RISK
6 Months Ended
Jun. 30, 2026
CONCENTRATION OF RISK  
CONCENTRATION OF RISK

13. CONCENTRATION OF RISK

 

Customer Concentration

 

For the three and six months ended June 30, 2026, the Company generated total revenue of $82,878 and $265,156, of which no customer accounted for more than 10% of the Company’s total revenue.

 

For the three and six months ended June 30, 2025, the Company generated total revenue of $31,552 and $76,376 respectively, of which no customer accounted for more than 10% of the Company’s total revenue.

 

Vendor Concentration

 

For the three and six months ended June 30, 2026, the Company incurred cost of revenues of $55,194 and $184,882 accounted by a single vendor.

 

For the three and six months ended June 30, 2025, the Company incurred cost of revenues of $18,013 and $43,148 respectively, accounted by a single vendor.

 

 

 

For the

three months ended

June 30, 2026

(Unaudited)

 

 

 

Cost of

revenue

 

 

Percentage of

Cost of revenue

 

 

Accounts

payable, trade

 

 

 

 

 

 

 

 

 

 

 

Vendor A

 

$55,194

 

 

 

100%

 

$-

 

Total

 

$55,194

 

 

 

100%

 

$-

 

 

 

 

For the

six months ended

June 30, 2026

(Unaudited)

 

 

 

Cost of

revenue

 

 

Percentage of

Cost of revenue

 

 

Accounts

payable, trade

 

 

 

 

 

 

 

 

 

 

 

Vendor A

 

$184,882

 

 

 

100%

 

$-

 

Total

 

$184,882

 

 

 

100%

 

$-

 

 

 

 

For the

three months ended

June 30, 2025

(Unaudited)

 

 

 

Cost of revenue

 

 

Percentage of

Cost of revenue

 

 

Accounts

payable, trade

 

 

 

 

 

 

 

 

 

 

 

Vendor A

 

$18,013

 

 

 

100%

 

$-

 

Total

 

$18,013

 

 

 

100%

 

$-

 

 

 

 

For the

six months ended

June 30, 2025

(Unaudited)

 

 

 

Cost of revenue

 

 

Percentage of

Cost of revenue

 

 

Accounts

payable, trade

 

 

 

 

 

 

 

 

 

 

 

Vendor A

 

$43,148

 

 

 

100%

 

$-

 

Total

 

$43,148

 

 

 

100%

 

$-

 

 

Vendor A is an entity owned by our Chairman, Chief Executive Officer and Director of the Company.