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Schedule of borrowings (Details) - USD ($) | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Broker-Dealer [Abstract] |  |  |
Short-term borrowings | [1] | $ 7,551,296 | $ 7,565,887
Long-term borrowings | [2] | 3,677,066 | 3,684,171
Less: current maturities |  | (3,677,066) | (3,684,171)
Non-current maturities |  |  |
Promissory note |  | 8,900,000 | 8,900,000
Total Borrowings |  | $ 20,128,362 | $ 20,150,058
[1] | As of March 31, 2025, and December 31, 2024, the Company had several unsecured short-term loans from independent third parties which were repayable within one year and charged interest rates ranging from Nil to 24.0% and Nil to 24.0% per annum, respectively. As of March 31, 2025, and December 31, 2024, the weighted average interest rate of these borrowings was 13.7% and 13.7% per annum, respectively. The borrowings are denominated in Hong Kong Dollar (“HK$”) and United States Dollar (“US$”).
[2] | As of March 31, 2025, the Company obtained several unsecured long-term loans for two to five years. Interest rates ranged from 12.0% to 15.0% per annum, respectively. As of March 31, 2025, the weighted average interest rate of these borrowings was 12.6% per annum. The borrowings are denominated in HK$ and US$.

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