| Schedule of Share Capital |
| | |
2025 | | |
2024 | | |
2023 | |
| | |
Number of Class A shares* | | |
Number of Class B shares | | |
USD | | |
Number of Class A shares* | | |
Number of Class B shares | | |
USD | | |
Number of Class A shares* | | |
Number of Class B shares | | |
USD | |
| Issued and fully paid: | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Shares | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| As at the beginning of year | |
| 721,952 | | |
| 5,000,000 | | |
| 5,280,406 | | |
| 666,001 | | |
| 5,000,000 | | |
| 3,564,150 | | |
| 611,777 | | |
| 5,000,000 | | |
| 1,228,037 | |
| Issuance of class A shares for business combinations (Note 8) | |
| 168,000 | | |
| - | | |
| 13,376,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Issuance of class A shares for an asset acquisition | |
| 80,000 | | |
| - | | |
| 5,760,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Issuance of class A shares in connection with IPO | |
| - | | |
| - | | |
| - | | |
| 22,500 | | |
| - | | |
| 4,500,000 | | |
| 16,000 | | |
| - | | |
| 1,600,000 | |
| Issuance of class A shares to employees (2025 Share incentive plan) | |
| 130,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Issuance of class A shares to employees (2024 Share incentive plan) | |
| 44,600 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Issuance of class A shares to employees (2023 Share incentive plan) | |
| - | | |
| - | | |
| - | | |
| 48,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Issuance of class A shares to individual consultants (2024 Share incentive plan) | |
| 25,400 | | |
| - | | |
| - | | |
| 18,000 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Issuance of class A shares to certain employees (employee stock compensation plan) | |
| - | | |
| - | | |
| - | | |
| 4,105 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Issuance of class A shares and warrant | |
| 190,477 | | |
| - | | |
| 384,188 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Conversion of a convertible loan | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 38,224 | | |
| - | | |
| 736,113 | |
| Transfer shares from treasury shares | |
| 1,297 | | |
| - | | |
| 25,243 | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Share Repurchase | |
| - | | |
| - | | |
| - | | |
| (36,654 | ) | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
| Offering costs | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| (2,783,744 | ) | |
| - | | |
| - | | |
| - | |
| As at end of year | |
| 1,361,726 | | |
| 5,000,000 | | |
| 24,825,837 | | |
| 721,952 | | |
| 5,000,000 | | |
| 5,280,406 | | |
| 666,001 | | |
| 5,000,000 | | |
| 3,564,150 | |
| * | The Class A ordinary shares are presented on a retroactive basis to reflect the Company’s reverse share split on March 24, 2026 (Note 26). |
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