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Accounts Receivable (Tables)
 12 Months Ended
Dec. 31, 2024
Accounts Receivable [Abstract]  
Schedule of Accounts Receivable
   2024   2023 
   US$   US$ 
         
Accounts receivable   13,644,371    17,346,035 
Allowance for expected credit losses   (106,475)   (109,651)
           
Net carrying amount   13,537,896    17,236,384 
Schedule of Movements in the Allowance for Expected Credit Losses

The movements in the allowance for expected credit losses are as follows:

 

   2024   2023 
   US$   US$ 
         
At January 1   109,651    123,632 
Provision for expected credit losses   112,122    3,757 
Reversals   
-
    (1,558)
Write off   (112,246)   (16,716)
Exchange realignment   (3,052)   536 
           
At December 31   106,475    109,651 
Schedule of Information About the Credit Risk Exposure on the Group’s Accounts Receivable using a Provision Matrix

Set out below is the information about the credit risk exposure on the Group’s accounts receivable using a provision matrix:

 

   Expected   Gross   Expected 
   credit   carrying   credit 
   loss rate   amount   loss 
   %   US$   US$ 
             
As at December 31, 2024            
Current to 6 months past due   0.22%   13,219,385    28,796 
6 months to 12 months past due   7.19%   333,152    23,964 
Over 12 months past due   58.49%   91,834    53,715 
                
    0.78%   13,644,371    106,475 
                
As at December 31, 2023               
Current to 6 months past due   0.02%   16,889,341    3,606 
6 months to 12 months past due   2.33%   281,919    6,567 
Over 12 months past due   56.92%   174,775    99,478 
                
    0.63%   17,346,035    109,651