v3.26.1
Concentration of Risks (Tables)
 12 Months Ended
Dec. 31, 2025
Concentration of Risks [Abstract]  
Schedule of Concentration of Credit Risk

Accounts receivable concentration of credit risk is as below:

 

   As of
December 31,		   As of
December 31,		 
   2025   2024 
Customer A   14%   *%
Customer B   19%   *%
Customer C   37%   27%

 

Suppliers that accounted for 10% or more of the Company’s purchases for the years ended December 31, 2023, 2024 and 2025:

 

   For the year ended
December 31,		   For the year ended
December 31,		   For the year ended
December 31,		 
   2025   2024   2023 
Supplier D           *%   12%   *%
Supplier F   20%   N/A    N/A 
Supplier B   *%   *%   21%
Supplier C   *%   *%   15%

 

Suppliers that accounted for 10% or more of the Company’s accounts payables as of December 31, 2023, 2024 and 2025:

 

   As of the year ended December 31,   As of the year ended December 31,   As of the year ended December 31, 
   2025   2024   2023 
Supplier A            *%   29%   *%
Supplier C   11%   *%   *%
Supplier E   15%   *%   N/A 
Supplier G   11%   *%   N/A 
Supplier H   11%   *%   N/A 

Revenue concentration of credit risk is as below:

 

    For the year ended December 31,     For the year ended December 31,     For the year ended December 31,  
    2025     2024     2023  
Customer C           16 %          * %     N/A
Customer B     17 %     *       N/A  

 

*Less than 10%