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COMMON STOCK
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
COMMON STOCK

Note 13     COMMON STOCK

 

The Company is authorized to issue 200,000,000 shares of common stock with a par value of $0.001 per share. As of December 31, 2025 and 2024, 14,433,630 shares and 14,047,539 shares, respectively, were issued and outstanding.

 

Recent Issuance of Common Stock

 

  · In February 2024, the Company entered into Xinca VIE Agreements and issued 1,800,000 shares of the Company’s common stock in exchange of 100% of Xinca’s economic interests.
  · In April 2024, the Company entered into an Equity Purchase Agreement with SY Culture and issued 600,000 shares of the Company’s common stock in exchange of 100% of SY Culture’s equity interest.
  · In February 2025, a shareholder exercised 300,000 shares of warrant in exchange of 200,000 shares of common stock.
  · In May 2025, a shareholder exercised 180,000 shares of warrant in exchange of 120,000 shares of common stock.
  · In October and November 2025, a shareholder exercised 3,039 shares of warrant in exchange of 6,078 shares of common stock.
  · In December 2025, a convertible notes holder converted $45,319 of convertible note in exchange of 60,013 shares of common stock.