v3.26.1
Segment Information
 3 Months Ended
Mar. 31, 2026
Segment Information [Abstract]  
SEGMENT INFORMATION

NOTE 14 – SEGMENT INFORMATION 

 

Reportable Segments 

 

The Company operates as a single reportable segment, which is consistent with how the Chief Operating Decision Maker (“CODM”), the Chief Executive Officer, allocates resources and assesses performance. The Company’s operations are centralized and integrated, with financial results reviewed and managed on a consolidated basis. Accordingly, management has determined that the Company has one reportable segment under ASC Topic 280, Segment Reporting. 

 

Measure of Segment Profit or Loss 

 

The CODM reviews financial information on a consolidated basis, using Net (loss) income as the primary measure of segment performance to monitor budget versus actual results and decide where to allocate and invest additional resources to achieve continuing growth. Net (loss) income is defined as revenue less cost of revenues and operating expenses, and other segment items (including interest expense, other income and other expenses), and income taxes. 

 

Significant Segment Expense Categories Provided to the CODM 

 

The CODM regularly receives and reviews the following expense categories, which are included in the segment’s measure of profit or loss. 

 

   For the Three Months ended
March 31,		 
   2026   2025 
         
Revenues  $465,228    
-
 
Cost of revenues   (387,344)   
-
 
Gross profit   77,884    
-
 
         - 
Selling and marketing expenses   (337,200)   
-
 
Research and development expenses   (2,123,508)   
-
 
General and administrative expenses          
 – Payroll and welfare expenses   (47,000)   (53,000)
 – Professional service expenses   (681,517)   (387,858)
 – Rental and other office expenses   (5,159)   (9,000)
 – Share-based compensation   (3,518,620)   
-
 
Loss from operations   (6,635,120)   (449,858)
Other (expense) income   (126,511,123)   245,311,156 
Income tax benefit (expenses)   27,294,512    (51,420,873)
Net (loss) income  $(105,851,731)   193,440,425