v3.26.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue:    
Service revenue $ 11,614,772 $ 1,800,000
Cost of revenue (9,858,178) (730,000)
Gross Profit 1,756,594 1,070,000
Operating expenses    
General and administrative expenses (66,722,208) (1,086,804)
Selling and marketing expenses (750,184)
Research and development expenses (14,482,899)
Total operating expenses (81,955,291) (1,086,804)
Loss from operations (80,198,697) (16,804)
Impairment of long-term investment (13,396,000)
Other income, net 279,747,388 43,190,557
Income before income taxes 199,548,691 29,777,753
Income tax expenses (56,383,743) (8,234,503)
Net income from continuing operation 143,164,948 21,543,250
Net income from discontinuing operation(a) [1] 6,296
Net income and total comprehensive income $ 143,164,948 $ 21,549,546
Net income per share, basic from continuing operation (in Dollars per share) $ 61.77 $ 746
Net income per share, diluted from continuing operation (in Dollars per share) 61.77 746
Net income per share, basic from discontinuing operation (in Dollars per share) 0.22
Net income per share, diluted from discontinuing operation (in Dollars per share) $ 0.22
Weighted-average shares outstanding, basic (in Shares) [2] 2,317,684 28,878
Weighted-average shares outstanding, diluted (in Shares) [2] 2,317,684 28,878
[1] In July 2024, the Company dissolved its subsidiary, WeTrade Technology (Shanghai) Co., Ltd. in the PRC, which qualified as a discontinuing operation under ASC 205-20. The Company retrospectively adjusted the above comparative statements of change in stockholders’ equity for the year ended December 31, 2024. (Note 17)
[2] On September 16, 2025, the Company effected a 200-for-1 reverse stock split of its common stock, resulting in the consolidation of every two hundred issued and outstanding shares into one share. The reverse stock split reduced the number of outstanding shares from approximately 566,265,135 to approximately 2,862,556.