v3.26.1
LEASES (Tables)
6 Months Ended
Jun. 30, 2026
LEASES  
Schedule of components of lease expenses

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For the Three Months Ended

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For the Six Months Ended

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June 30, 

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June 30, 

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2026

  ​ ​ ​

2025

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2026

  ​ ​ ​

2025

Lease expenses

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Operating lease expenses

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$

114,624

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$

177,763

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$

272,849

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$

355,526

Short-term lease expenses

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17,499

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30,366

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39,123

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60,732

Total lease expenses

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$

132,123

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$

208,129

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$

311,972

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$

416,258

Schedule of Right-of-use assets and weighted average remaining lease terms and discount rates for all operating leases

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June 30, 2026

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December 31, 2025

Right-of-use assets

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$

530,929

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$

1,165,517

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Operating lease liabilities – current

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$

502,249

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$

594,407

Operating lease liabilities – non-current

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44,950

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584,606

Total operating lease liabilities

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$

547,199

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$

1,179,013

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June 30, 2026

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June 30, 2025

 

Remaining lease term and discount rate:

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Weighted average remaining lease term (years)

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1.08

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2.39

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Weighted average discount rate *

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4.1

%  

4.9

%

*The Company used weighted average incremental borrowing rate of 4.1% per annum for its lease contracts based on the Company’s current borrowings from various financial institutions.

Schedule by years, of future maturities of lease liabilities

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Fiscal Years

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Amount

2026

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$

270,815

2027

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317,989

Total lease payments

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588,804

Less: imputed interest

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(41,605)

Present value of lease liabilities

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$

547,199

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