XML 46 R36.htm IDEA: XBRL DOCUMENT v3.25.4
Prepayments and Other Assets, Net (Tables)
9 Months Ended
Sep. 30, 2025
Prepayments and Other Assets, Net [Abstract]  
Schedule of Prepayments and Other Assets, Net

As of September 30, 2025 and December 31, 2024, prepayments and other assets, net, consisted of the following:

 

   As of 
   September 30,
2025
   December 31,
2024
 
   (Unaudited)   (Audited) 
Prepaid expenses  $535,947   $503,401 
           
Other assets   2,295,739    4,711,640 
Less: Allowance for expected credit losses   (121,300)   (249,266)
Other assets, net   2,174,439    4,462,374 
           
Total prepayments and other assets, net   2,710,386    4,965,775 
           
Less: Amounts classified as non-current assets   (384,183)   (384,208)
Amounts classified as current assets  $2,326,203   $4,581,567 
Schedule of Movement of Allowances for Expected Credit Losses

The movement of allowances 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  $249,266   $205,324 
(Reversal of) provision for expected credit losses   (127,966)   43,942 
Balance at the end of the period/year  $121,300   $249,266