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DISCONTINUED OPERATIONS (Tables)
 12 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
SCHEDULE OF ASSETS AND LIABILITIES FOR DISCONTINUED OPERATIONS OF THE DISPOSAL GROUP

The assets and liabilities for discontinued operations of the Disposal Group comprised the following items as of December 31, 2025 and 2024:

 

 SCHEDULE OF ASSETS AND LIABILITIES FOR DISCONTINUED OPERATIONS OF THE DISPOSAL GROUP

         
   As of December 31, 
   2025   2024 
Current assets held for sale associated with discontinued operation of ELPW          
Cash and cash equivalents  $87   $389 
Restricted cash   128,866    171,487 
Accounts receivable, net   -    67,897 
Inventories, net   -    1,428,197 
Prepaid expenses and other current assets   1,111,798    1,340,507 
Total current assets held for sale associated with discontinued operation of ELPW   1,240,751    3,008,477 
Non-current assets held for sale associated with discontinued operation of ELPW          
Long term accounts receivable, net   -    8,569 
Property, plant and equipment, net   -    855,190 
Intangible assets   -    2,673 
Right-of-use assets   15,616,368    15,207,546 
Finance lease right of use assets   58,570    85,801 
Total non-current assets held for sale associated with discontinued operation of ELPW   15,674,938    16,159,779 
Total assets held for sale associated with discontinued operation of ELPW  $16,915,689   $19,168,256 
           
Current liabilities held for sale associated with discontinued operation of ELPW          
Note Payable  $-   $2,574,765 
Short term loans   -    1,807,324 
Short-term loans– related parties   -    561,698 
Current portion of long-term loan payable   500,493    479,498 
Accounts and notes payable   1,138,245    1,072,090 
Amounts due to related parties   76,295    59,395 
Contract liabilities   3,852,555    3,773,542 
Accrued expenses and other current liabilities   4,383,679    4,368,186 
Product warranty provision-current   1,485,175    1,368,031 
Total current liabilities held for sale associated with discontinued operation of ELPW   11,436,442    16,064,529 
Non-current liabilities held for sale associated with discontinued operation of ELPW          
Product warranty provision-non current   167,849    642,177 
Lease liability-non current   24,242,648    21,946,223 
Finance liability-non current   145,134    131,635 
Total non-current liabilities held for sale associated with discontinued operation of ELPW   24,555,631    22,720,035 
Total liabilities held for sale associated with discontinued operation of ELPW  $35,992,073   $38,784,564 
Total net assets of the Disposal Group  $(19,076,384)  $(19,616,308)
SCHEDULE OF CASH FLOWS OF DISPOSAL GROUP

The condensed cash flows of Disposal Group were as follows for the years ended December 31, 2025, 2024 and 2023:

 

 SCHEDULE OF CASH FLOWS OF DISPOSAL GROUP

             
   For the years ended December 31, 
   2025   2024   2023 
             
Net cash generated from (used in) operating activities  $984,591   $(3,010,558)  $(5,693,128)
Net cash used in investing activities   -    (145,650)   (548,931)
Net cash generated from financing activities   160,976    2,793,337    6,369,570 

 

 

             
   2025   2024   2023 
   For the years ended December 31, 
   2025   2024   2023 
             
Significant non-cash operating items:               
Reversal (provision) for losses on accounts receivable  $425,124   $2,763,188   $(301,002)
Provision for inventory   277,780   483,992   184,713 
Depreciation and amortization expense   11,387    1,713,096    1,385,840 
Impairment of property, plant and equipment   526,793    10,350,589    - 
Amortization of operating and finance right-of-use assets   1,579,611    1,582,452    1,607,292 
(Gain) loss on disposals of property, plant and equipment   (366,708)   52,220    - 
(Reversal from) provision for warranty liability   (112,864)   (674,122)   42,176 
Significant investing activities:               
Purchase of property, plant and equipment   -    -    (548,931)
Placement of long-term investments   -    (145,650)   - 
Significant financing activities:               
Repayment of bank borrowings   -    -    (706,108)
Capital injection from share capital shareholders   -    -    4,236,649 
Proceeds from borrowings from related parties   117,076    13,897    564,887 
Proceeds from borrowings from third parties   43,900    3,549,343    2,010,327 
Repayments of borrowings to third parties   -    (526,703)   (475,632)
Proceed from loan payable with pledged assets   -    -    985,929 
Repayments of loan payable with pledged assets   -    (243,200)   (246,482)
SCHEDULE OF RECONCILIATION OF DISCONTINUED OPERATIONS

Reconciliation of the major classes of losses from discontinued operations in the consolidated statements of operations and comprehensive loss for the years ended December 31, 2025, 2024 and 2023 is as follow:

 

 SCHEDULE OF RECONCILIATION OF DISCONTINUED OPERATIONS

             
   For the years ended December 31, 
   2025   2024   2023 
             
Major classes of line items constituting pre-tax profit of discontinued operations               
Revenues  $304,284   $386,940   $3,162,739 
Cost of revenues   (1,153,971)   (575,868)   (3,435,254)
Cost of revenue – idle capacity   (36,267)   (572,862)   (1,281,126)
Selling expenses   (2,333)   (104,438)   (216,146)
Reversal from (provision for) warranty liability   112,864    674,122    (42,176)
General and administrative expenses   (292,048)   (1,371,078)   (2,566,588)
Depreciation and amortization expense   (11,387)   (1,713,096)   (1,385,840)
Amortization of operating and finance right-of-use assets   (1,579,611)   (1,582,452)   (1,607,292)
(Provision for) reversal from credit loss   (425,124)   (2,763,188)   301,002 
Impairment of property, plant and equipment   (526,793)   (10,350,589)   - 
Research and development expenses   (18,266)   (108,863)   (873,968)
Interest expense   (59,549)   (377,074)   (82,474)
Charges of legal compensation and contract default penalty expense   (74,982)   (436,809)   (30,295)
Gain (loss) on disposals of property, plant, and equipment   366,708    (52,220)   - 
Other income due to debt forgiven by a third party   8,995    55,998    375,699 
Government grant   -    -    124,685 
Others, net   (80,950)   (398,450)   111,033 
Loss from discontinued operations, before income tax   (3,468,430)   (19,289,927)   (7,446,001)
Income tax expense   -    -    - 
Net loss from discontinued operations  $(3,468,430)  $(19,289,927)  $(7,446,001)