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Other payables and accrued liabilities | 6 Months Ended
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Jun. 30, 2025
Payables and Accruals [Abstract] |
Other payables and accrued liabilities | Note 8 – Other payables and accrued liabilities Other payables and accrued liabilities consist of the following: Schedule of other payables and accrued liabilities
|  | As of June 30, 2025 |  |  | As of December 31, 2024 |
|  | US$ |  |  | US$ |
Accrued expenses |  | $ | 431,077 |  |  | $ | 233,689 |
Accrued payroll |  |  | 343,836 |  |  |  | 425,322 |
Accrued interest |  |  | 818,939 |  |  |  | 170,925 |
Accrued taxes payable |  |  | 30,560 |  |  |  | 21,212 |
Accrued professional fees |  |  | 405,548 |  |  |  | 289,302 |
Secured borrowings – recourse factoring liabilities (1) |  |  | 103,264 |  |  |  | 575,043 |
Payables to third-party vendors or service providers for administrative activities |  |  | 80,239 |  |  |  | 89,417 |
Reimbursement payables to employees |  |  | 2,906 |  |  |  | 2,353 |
Refundable deposit |  |  | 41,115 |  |  |  | - |
Total other payables and accrued liabilities |  | $ | 2,257,484 |  |  | $ | 1,807,263 |
| (1) | During the six months ended June 30, 2025, the Company has factored its accounts receivable with recourse and accounted for the transaction as secured borrowings and recorded as recourse factoring liabilities. The factoring company advanced 80% of the verified invoice amount to the Company and retain the 20% of the invoice amount as collateral until its customer fully repay the invoice amount. As at June 30, 2025, the carrying amount of the Company’s pledged accounts receivable associated with these liabilities amounted to $25,816 (Note 4), the Company has incurred $41,881 cost associated with the factoring arrangement and recorded as interest expenses in the accompanying unaudited condensed consolidated statements of operations and comprehensive loss.

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- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 720 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483384/720-30-45-1 + Details
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