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Accounts Receivable, Net
9 Months Ended
Sep. 30, 2025
Accounts Receivable, Net [Abstract]  
Accounts Receivable, Net

5. Accounts Receivable, Net

 

As of September 30, 2025 and December 31, 2024, accounts receivable, net consisted of the following balances:

 

   As of 
   September 30,
2025
   December 31,
2024
 
   (Unaudited)   (Audited) 
Accounts receivable  $7,969,677   $5,727,768 
Less: allowance for expected credit losses   (420,634)   (302,243)
Total accounts receivable, net  $7,549,043   $5,425,525 

 

The movement of allowance for expected credit losses is as follow:

 

   As of 
   September 30,
2025
   December 31,
2024
 
   (Unaudited)   (Audited) 
Balance at the beginning of the period/year  $302,243   $570,085 
Provision for (reversal of) expected credit losses   118,391    (267,842)
Balance at the end of the period/year  $420,634   $302,243