v3.26.1
Business Acquisition and Goodwill (Tables)
 12 Months Ended
Dec. 31, 2025
Business Acquisition and Goodwill [Abstract]  
Schedule of the Assets Acquired, Liabilities Assumed and Related Deferred Income Tax

The following table summarizes the purchase price allocation of the assets acquired, liabilities assumed and related deferred income tax assumed at the date of acquisition. The dollar amount presented in the table was based on the exchange rate of AUD 1.00 to US$0.6571 on October 31, 2024.

 

   Amount in US$ 
     
Cash and cash equivalents   175,410 
Current assets   1,171,940 
Operating lease right-of-use assets   113,858 
Property, plant and equipment, net   23,049 
Intangible assets   41,334 
Identified intangible asset - technology   1,260,924 
Identified intangible asset - long-term contracts   5,257 
Total assets acquired   2,791,772 
Current liabilities   (869,756)
Deferred tax liabilities   (316,545)
Total liabilities assumed   (1,186,301)
Net identifiable assets acquired   1,605,471 
Cash consideration   492,805 
Effective settlement of preexisting loans   2,465,767 
Goodwill   1,353,101 
Schedule of Pro Forma Information The pro forma information is adjusted for the elimination of internal transactions between the Company and Redback Technologies for the period ended December 31, 2024.
   Years ended December 31, 
   2024   2023 
   Unaudited   Unaudited 
Pro forma revenues  $9,397,779   $17,278,368 
Pro forma net loss  $20,149,854   $40,586,990