Quarterly report [Sections 13 or 15(d)]

Summary of Significant Accounting Policies (Tables)

v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of concentrations of credit risk
                         
    Three months ended June 30,  
    2025     2024  
    Amount     % of Total
Revenue
    Amount     % of Total
Revenue
 
Customer A   $ 10,379       29%     $        
Customer B     *       *              
Customer C     19,395       55%              
Customer F                 6,000       30%  

 

  (*) Revenue had not exceeded 10% or more of the Company’s consolidated revenue of the Company.

 

For the six months ended of June 30, 2025 and 2024, the Company’s revenue received from the following companies were set out as below:

                         
    Six months ended June 30,  
    2025     2024  
    Amount     % of Total
Revenue
    Amount     % of Total
Revenue
 
Customer A   $ 80,942       36%     $        
Customer B     55,191       24%              
Customer C     26,019       12%              
Customer D                 69,325       29%  
Customer E                 51,761       22%  
Schedule of fair value of assets and liabilities measured on recurring basis
                         
    June 30, 2025 (unaudited)  
    Fair Value     Carrying  
    Level 1     Level 2     Level 3     Value  
Assets                        
Marketable securities:                                
Stock   $ 39,413     $     $     $ 39,413  
Total assets measured at fair value   $ 39,413     $     $     $ 39,413  

 

    December 31, 2024  
    Fair Value     Carrying  
    Level 1     Level 2     Level 3     Value  
Assets                        
Marketable securities:                                
Stock   $ 24,660     $     $     $ 24,660  
Total assets measured at fair value   $ 24,660     $     $     $ 24,660  
Schedule of anti-dilutive shares
             
Six Months Ended June 30,   2025     2024  
Stock options     76,137       57,012  
Schedule of exchange rates foreign currency
           
   

Average Rate for the Six Months Ended

June 30,

 
    2025     2024  
    (Unaudited)     (Unaudited)  
China Yuan (RMB)   RMB 7.1668     RMB 7.1970  
United States Dollar ($)   $ 1.0000     $ 1.0000  

 

    Exchange Rate at
    June 30, 2025   December 31, 2024
    (Unaudited)    
China Yuan (RMB)   RMB 7.2514     RMB 7.2975  
United States Dollar ($)   $ 1.0000     $ 1.0000