XML 89 R29.htm IDEA: XBRL DOCUMENT
v3.26.1

LEASE | 12 Months Ended
--- | ---
Dec. 31, 2025
Lease |
LEASE | 19. LEASE Lease commitments On July 11, 2024, the Company leased non-commercial vehicle as lessee under finance leases with 5 years lease terms. The Company recognized finance lease liabilities of approximately $72,772, using an effective interest rate of 4.42%, which was determined using the incremental borrowing rate. SCHEDULE OF LEASE COST
Components of leases |  | As of December 31, 2025 |  |  | As of December 31, 2024 |
Operating lease cost |  | $ | 172,213 |  |  | $ | 155,828 |
Amortization of finance lease asset |  |  | 44,150 |  |  |  | 29,445 |
Interest on finance lease liabilities |  |  | 8,718 |  |  |  | 7,267 |
Weighted average remaining lease term (years) |  |  |  |  |  |  |  |
Operating lease |  |  | 0.75 |  |  |  | 1.49 |
Finance lease |  |  | 3.34 |  |  |  | 4.34 |
Weighted average discount rate |  |  |  |  |  |  |  |
Operating lease |  |  | 5.37 | % |  |  | 5.5 | %
Finance lease |  |  | 6.81 | % |  |  | 6.7 | %
The five-year maturity of the Company’s operating and finance lease liabilities is as follow: SCHEDULE OF LEASE COMMITMENTS
Twelve Months Ending December 31, 2025 |  | Operating lease liabilities |  |  | Finance lease liabilities |
2026 |  | $ | 95,821 |  |  | $ | 33,038 |
2027 |  |  | 8,943 |  |  |  | 33,038 |
2028 |  |  | - |  |  |  | 33,038 |
2029 |  |  | - |  |  |  | 47,017 |
Total lease payments |  |  | 104,764 |  |  |  | 146,131 |
Less: interest |  |  | (2,222 | ) |  |  | (18,887 | )
Present value of lease liabilities |  | $ | 102,542 |  |  | $ | 127,244 |
The Company also leases one office and operation center, one apartment and one shophouse with an expiring term of twelve months or less, which were classified as operating leases. Since the lease terms for these leases were twelve months or less, a lessee is permitted to elect not to recognize lease assets and liabilities. The Company has elected not to recognize lease assets and liabilities on these leases. As of December 31, 2025, the Company’s commitment for minimum lease payment under these operating leases within the next twelve months were $65,987. Short term lease cost for the years ended December 31, 2025 and 2024 were $107,222 and $65,608 respectively. AGAPE ATP CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Currency expressed in United States Dollars (“US$”), except for number of shares)

X
- References No definition available. + Details
Name: | ATPC_DisclosureLeaseAbstract
Namespace Prefix: | ATPC_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration