v3.26.1
Operating Leases
12 Months Ended
Dec. 31, 2025
Operating Leases [Abstract]  
Operating leases
9. Operating leases

 

The Group has leased office premise under non-cancellable operating lease agreements. This lease has rental terms and renewal rights. The discount rate is 3.60%.

 

The following table presents balances reported in the consolidated balance sheets related to the Group’s leases:

 

   As of December 31, 
   2024   2025 
   USD   USD 
Right-of-use asset, net  $148,589   $71,826 
           
Lease liability, current   83,757    65,593 
Lease liability, non-current   62,842    
-
 
Total lease liability  $146,599   $65,593 

The components of lease expenses were as follows:

 

   For the years ended
December 31,
 
   2024   2025 
Lease cost        
Amortization of right-of-use assets  $85,787   $83,838 
Interest of operating lease liabilities   2,379    3,881 
Total  $88,166   $87,719 

 

For the year ended December 31, 2024 and 2025, the short-term lease cost amounted to $21,370 and $ 18,137, respectively.

 

The following table reconciles the undiscounted cash flows of the Group leases as of December 31, 2025 to the present value of its operating lease payments:

 

For the year ending December 31  USD 
2026   66,482 
Total undiscounted operating lease payments   66,482 
Less: imputed interest   (889)
Present value of lease liability   65,593