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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
Purchase Transactions
The Company has a purchase agreement for TLED products, spare parts and fixed assets with Sander Electronics, Inc (located in the US), an affiliate of a shareholder and Sander Electronics CO LTD (located in Taiwan), a shareholder of the Company.
Purchase Activities
Three months ended March 31,
Name of related party20252024
Sander Electronics, Inc.$119 12 %$— — %
Sander Electronics Co Ltd67 %— — %
$186 18 %$— — %
Accounts Payable
 
Name of related partyAs of
March 31, 2025
As of
December 31, 2024
Sander Electronics, Inc.$119 %$— — %
Sander Electronics Co Ltd838 48 %909 54 %
$957 55 %$909 54 %
Private Placements
Please refer to Note 8 for further details on the March 2025 Private Placement and the June 2024 Private Placement.