Commitments and Contingencies

9 Months Ended

Sep. 30, 2025

Commitments and Contingencies [Abstract]

Commitments and Contingencies

19. Commitments and Contingencies

Commitments

As of September 30, 2025 and December 31, 2024, the Company had neither significant financial nor capital commitment.

Contingencies

As of September 30, 2025 and December 31, 2024, except as disclosed below, the Company was not a party to any material legal or administrative proceedings. The Company further concludes that there were no legal or regulatory proceedings, either individually or in the aggregate, that could have resulted in an unfavorable outcome with a material adverse effect on the Company’s results of operations, unaudited condensed consolidated financial condition, or cash flows.

Early termination claim

On September 8, 2025, Federal Express Corporation (“FedEx”) filed a civil complaint against Sonic Lighting, Inc. in the United States District Court, Central District of California — Western Division. FedEx, which had been engaged by the Company to provide pickup, transportation and delivery services, is seeking damages of approximately US$750,000 in connection with alleged early termination of the Contract by the Company. The trial date has not yet been set.

The Company intends to vigorously defend itself against this claim. At this stage, the outcome of the matter cannot be predicted, and no provision for loss has been recorded in these unaudited condensed consolidated financial statements.