v3.26.1
Accrued Liabilities and Other Payables
 12 Months Ended
Dec. 31, 2025
Accrued Liabilities and Other Payables [Abstract]  
Accrued liabilities and other payables

Note 10 – Accrued liabilities and other payables

 

The components of accrued liabilities and other payables are as follows:

 

   As of
December 31,		   As of
December 31,		 
   2025   2024 
Salary payable  $1,543,990   $1,642,436 
Payable to consultants   275,706    333,510 
Refundable deposit to customers   93,251    252,472 
Payable to property, plant and equipment suppliers   166,448    3,845,399 
Customer custodial cash liabilities   2,196,931    2,267,903 
Custodial cash liabilities to a related party (see Note 18)   126,920    
-
 
Other accrued liabilities   1,906,991    2,025,490 
Total accrued liabilities and other payables  $6,310,237   $10,367,210 

 

Other accrued liabilities mainly consist of insurance payables, social security payables, accrued professional service fees. The customer custodial cash liabilities represent the cash held on behalf of customers for the settlement of future cross-border payment and foreign exchange services. The corresponding customer custodial cash asset with balance in the same amount was included in other current asset, net in the consolidated balance sheets.