Summary of significant accounting policies (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Accounting Policies [Abstract] |
|
| Schedule of foreign currency exchange rates |
Translation
of foreign currencies into US$1 have been made at the following exchange rates for the respective periods:
Schedule
of foreign currency exchange rates
| | |
As
of and for the Year Ended December
31, 2025 | | |
As
of and for the Year Ended December
31, 2024 | | |
As
of and for the Year Ended December
31, 2023 | |
| Period-end SGD: US$1 exchange rate | |
| 1.29 | | |
| 1.37 | | |
| 1.32 | |
| Period-average SGD: US$1 exchange rate | |
| 1.31 | | |
| 1.34 | | |
| 1.34 | |
| Period-end MYR: US$1 exchange rate | |
| 4.06 | | |
| 4.47 | | |
| - | |
| Period-end exchange rate | |
| 4.06 | | |
| 4.47 | | |
| - | |
| | |
| | | |
| | | |
| | |
| Period-average MYR: US$1 exchange rate | |
| 4.28 | | |
| 4.57 | | |
| - | |
| Period-average exchange rate | |
| 4.28 | | |
| 4.57 | | |
| - | |
|
| Schedule of property and equipment useful lives |
Schedule
of property and equipment useful lives
| |
|
Expected
useful lives |
| Office
equipment |
|
3
years |
| Leasehold
improvement |
|
Shorter
of the lease term or 5 years |
|
| Schedule of intangible assets useful life |
Schedule
of intangible assets useful life
| Categories |
|
Useful
life |
| Distribution
rights |
|
2-3
years |
| Software |
|
5
years |
|
| Schedule of disaggregated information of revenues |
Disaggregated
information of revenues by products/services are as follows:
Schedule
of disaggregated information of revenues
| | |
December
31,
2025 | | |
December
31,
2024 | | |
December
31,
2023 | |
| | |
For
the Years Ended | |
| | |
December
31,
2025 | | |
December
31,
2024 | | |
December
31,
2023 | |
| Property management service: | |
| | | |
| | | |
| | |
| Property management service –
common area management | |
$ | 3,252,982 | | |
$ | 2,870,912 | | |
$ | 2,628,073 | |
| Property management service – security
management | |
| 1,114,602 | | |
| 1,051,070 | | |
| 1,078,385 | |
| Total property management
service revenue | |
| 4,367,584 | | |
$ | 3,921,982 | | |
$ | 3,706,458 | |
| | |
| | | |
| | | |
| | |
| Holistic wellness consumer
products and services: | |
| | | |
| | | |
| | |
| Holistic wellness consumer products | |
| 406,592 | | |
| 3,262 | | |
| - | |
| Wellness therapies service | |
| 1,772,614 | | |
| 75,572 | | |
| - | |
| Stem cell treatment service | |
| 217,007 | | |
| - | | |
| - | |
| Licensing service of bioenergy cabin | |
| 53,347 | | |
| 7,299 | | |
| - | |
| Wellness Membership Program | |
| 3,120 | | |
| 2,890 | | |
| - | |
| Total holistic wellness
consumer products and service revenue | |
| 2,452,680 | | |
| 89,023 | | |
| - | |
| | |
| | | |
| | | |
| | |
| Total revenue | |
$ | 6,820,264 | | |
$ | 4,011,005 | | |
$ | 3,706,458 | |
|
| Schedule of disaggregated information of cost of revenues |
Disaggregated
information of cost of revenues by products/services are as follows:
Schedule
of disaggregated information of cost of revenues
| | |
December
31,
2025 | | |
December
31,
2024 | | |
December
31,
2023 | |
| | |
For
the Years Ended | |
| | |
December
31,
2025 | | |
December
31,
2024 | | |
December
31,
2023 | |
| Property management service: | |
| | | |
| | | |
| | |
| Property management service –
common area management | |
$ | 2,436,347 | | |
$ | 2,334,029 | | |
$ | 1,983,009 | |
| Property management service – security
management | |
| 954,020 | | |
| 880,833 | | |
| 881,374 | |
| Total property management
service cost of revenue | |
| 3,390,367 | | |
| 3,214,862 | | |
| 2,864,383 | |
| | |
| | | |
| | | |
| | |
| Holistic wellness consumer
products and services: | |
| | | |
| | | |
| | |
| Holistic wellness consumer products | |
| 345,691 | | |
| 844 | | |
| - | |
| Wellness therapies service | |
| 44,427 | | |
| 33,144 | | |
| - | |
| Licensing service of bioenergy cabin | |
| 46,980 | | |
| - | | |
| - | |
| Total holistic wellness
consumer products and service cost of revenue | |
| 437,098 | | |
| 33,988 | | |
| - | |
| | |
| | | |
| | | |
| | |
| Total cost of revenues | |
| 3,827,465 | | |
| 3,248,850 | | |
| 2,864,383 | |
|
| Schedule of basic and diluted earnings per share |
The
Company calculates basic and diluted loss per share for continuing operations as follows:
Schedule
of basic and diluted earnings per share
| | |
2025 | | |
2024 | | |
2023 | |
| | |
For
the Years Ended December 31 | |
| | |
2025 | | |
2024 | | |
2023 | |
| | |
| | |
| | |
| |
| Numerator | |
| | | |
| | | |
| | |
| Net loss from continuing operations | |
$ | (2,767,710 | ) | |
$ | (17,637,783 | ) | |
$ | (8,434,781 | ) |
| Less: Net income (loss)
attributable to noncontrolling interest from continuing operations | |
| 5,052 | | |
| (34,287 | ) | |
| 3,377 | |
| Net loss attributable
to common shareholders, basic | |
$ | (2,772,762 | ) | |
$ | (17,603,496 | ) | |
$ | (8,438,158 | ) |
| Denominator | |
| | | |
| | | |
| | |
| Weighted average number of shares outstanding,
basic and diluted | |
| 1,867,716 | | |
| 1,622,996 | | |
| 1,145,032 | |
| Loss per share, basic
and diluted | |
$ | (1.48 | ) | |
$ | (10.85 | ) | |
$ | (7.37 | ) |
The
Company calculates basic and diluted earnings/ (loss) per share for discontinued operations as follows:
| |
|
For
the Years Ended December 31 |
|
| |
|
2025 |
|
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
|
|
|
| Numerator |
|
|
|
|
|
|
|
|
|
|
|
|
| Net
income (loss) attributable to common shareholders, basic |
|
$ |
- |
|
|
$ |
2,246,340 |
|
|
$ |
(1,601,323) |
|
| Denominator |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted
average number of shares outstanding, basic and diluted |
|
|
1,867,716 |
|
|
|
1,622,996 |
|
|
|
1,145,032 |
|
| Loss
per share, basic and diluted |
|
$ |
- |
|
|
$ |
1.38 |
|
|
$ |
(1.40) |
|
|
| Schedule of fair value measurement of assets and liabilities |
The
following table sets forth by level within the fair value hierarchy our financial asset and liability that were accounted for at fair
value on a recurring basis As of December 31, 2025 and 2024:
Schedule of fair value measurement of assets and liabilities
| | |
| | |
Level
1 | | |
Level
2 | | |
Level
3 | |
| | |
Carrying
Value at
December
31, 2025 | | |
Fair
Value Measurement at December 31, 2025 | |
| | |
| | |
Level
1 | | |
Level
2 | | |
Level
3 | |
| Warrant liabilities | |
$ | 125,000 | | |
$ | - | | |
$ | - | | |
$ | 125,000 | |
|
| Schedule of fair value measurement of assets and liabilities recurring basis |
The
following is a reconciliation of the beginning and ending balance of the financial assets and liability measured at fair value on a recurring
basis for the years ended December 31, 2025 and 2024:
Schedule
of fair value measurement of assets and liabilities recurring basis
| | |
Derivative
liabilities (Warrants) | |
| Fair value of warrants upon issuance | |
$ | 100,000 | |
| Change in fair value of
warrant liability | |
| 25,000 | |
| Ending balance as of December 31, 2025 | |
$ | 125,000 | |
|