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Segment Reporting | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
SEGMENT REPORTING | 20. SEGMENT REPORTING In its operation of the business, management, including the Company’s chief operating decision maker, who is the Company’s Chief Executive Officer, reviews certain financial information, including segmented internal profit and loss statements prepared on a basis consistent with GAAP. The Company operates in three segments starting in fiscal 2021: “supply chain financing service and trading business” and “others”. As described in Note 17. DISCONTINUED OPERATIONS, certain subsidiaries were sold, dissolved or deregistered, resulting in material changes to the Company’s business operations. Consequently, the Company has reorganized its operations into the following three reportable segments: (1) Fast-Moving Consumer Goods (FMCG), (2) Trading Commission and Consulting service and (3) supply chain financing service and trading business. The Company began to provide supply chain financing services during the second quarter of 2021. The Company began to provide sand and steel supply chain financing services during the first quarter of 2023. The Company began to provide brokerage services in October 2023. During the first quarter of fiscal year 2025, the Company commenced operations in the Fast-Moving Consumer Goods (FMCG) sector. Some of the Company’s operations might not individually meet the quantitative thresholds for determining reportable segments and the Company determines the reportable segments based on the discrete financial information provided to the chief operating decision maker. The chief operating decision maker evaluates the results of each segment in assessing performance and allocating resources among the segments. Since there is an overlap of services and products between different subsidiaries of the Company, the Company does not allocate operating expenses and assets based on the product segments. Therefore, operating expenses and asset information by segment are not presented. Segment profit represents the gross profit of each reportable segment. Three months ended September 30, 2025
|  | Fast-Moving Consumer Goods |  |  | Trading Commission and Consulting service |  |  | Supply Chain Financing/ Trading |  |  | Total |
Reportable segment revenue |  | $ | 1,196,141 |  |  | $ | 128,492 |  |  | $ | - |  |  | $ | 1,324,633 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  |  | 1,196,141 |  |  |  | 128,492 |  |  |  | - |  |  |  | 1,324,633 |
Segment gross profit |  | $ | 7,066 |  |  | $ | 115,271 |  |  | $ | - |  |  | $ | 122,337 |
Three months ended September 30, 2024
|  | Fast-Moving Consumer Goods |  |  | Trading Commission and Consulting service |  |  | Supply Chain Financing/ Trading |  |  | Total |
Reportable segment revenue |  | $ | 342 |  |  | $ | 598,245 |  |  | $ | 428,533 |  |  | $ | 1,027,120 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  |  | 342 |  |  |  | 598,245 |  |  |  | 428,533 |  |  |  | 1,027,120 |
Segment gross profit |  | $ | 13 |  |  | $ | 586,080 |  |  | $ | 36,764 |  |  | $ | 622,857 |
Nine months ended September 30, 2025
|  | Fast-Moving Consumer Goods |  |  | Trading Commission and Consulting service |  |  | Supply Chain Financing/ Trading |  |  | Total |
Reportable segment revenue |  | $ | 2,060,276 |  |  | $ | 421,275 |  |  | $ | 1,341 |  |  | $ | 2,482,892 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  |  | 2,060,276 |  |  |  | 421,275 |  |  |  | 1,341 |  |  |  | 2,482,892 |
Segment gross profit |  | $ | 26,251 |  |  | $ | 360,135 |  |  | $ | 1,341 |  |  | $ | 387,727 |
Nine months ended September 30, 2024
|  | Fast-Moving Consumer Goods |  |  | Trading Commission and Consulting service |  |  | Supply Chain Financing/ Trading |  |  | Total |
Reportable segment revenue |  | $ | 342 |  |  | $ | 1,039,985 |  |  | $ | 934,971 |  |  | $ | 1,975,298 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  |  | 342 |  |  |  | 1,039,985 |  |  |  | 934,971 |  |  |  | 1,975,298 |
Segment gross profit |  | $ | 13 |  |  | $ | 1,012,893 |  |  | $ | 142,866 |  |  | $ | 1,155,772 |
Loss before Income Tax:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Supply Chain Financing/Trading |  | $ | 483 |  |  | $ | 3,466,852 |  |  | $ | 431 |  |  | $ | 3,488,971 |
Fast-Moving Consumer Goods |  |  | 693,677 |  |  |  | - |  |  |  | 660,370 |  |  |  | - |
Trading Commission and Consulting service |  |  | 504,524 |  |  |  | 821,328 |  |  |  | 1,868,578 |  |  |  | 2,286,549 |
Corporate and Unallocated |  |  | 888,965 |  |  |  | 551,439 |  |  |  | 28,917,284 |  |  |  | 3,747,663 |
Total operating expenses and other expenses |  |  | 2,087,649 |  |  |  | 4,839,619 |  |  |  | 31,446,663 |  |  |  | 9,523,183 |
Loss before income tax |  | $ | (1,965,312 | ) |  | $ | (4,216,762 | ) |  | $ | (31,058,936 | ) |  | $ | (8,367,411 | )
Segment assets as of September 30, 2025 and December 31, 2024:
|  | September 30, 2025 |  |  | December 31, 2024 |
Supply Chain Financing/Trading |  | $ | 604,719 |  |  | $ | 5,717,949 |
Fast-Moving Consumer Goods |  |  | 1,000,565 |  |  |  | - |
Trading Commission and Consulting service |  |  | 6,996,853 |  |  |  | 5,066,369 |
Corporate and Unallocated |  |  | 45,734,197 |  |  |  | 14,521,663 |
Assets related to discontinued operation |  |  | - |  |  |  | 596,957 |
Total assets |  | $ | 54,336,334 |  |  | $ | 25,902,938 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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