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LEASES (Tables)
 3 Months Ended
Mar. 31, 2026
Leases  
SCHEDULE OF COMPONENTS OF LEASE AND SUPPLEMENTAL CASH FLOW INFORMATION

The components of lease expense and supplemental cash flow information related to operating leases and finance leases for the periods ended March 31, 2026, and 2025 are as follows:

   2026   2025 
   Three Months Ended March 31, 
   2026   2025 
   (Unaudited)   (Unaudited) 
Lease costs          
Operating lease costs:          
Rental expenses (1)  $23,435   $24,477 
Other rental expenses (2)   4,061    4,177 
Total operating lease costs   27,496    28,654 
Finance lease costs:          
Interest expenses  $192   $236 
Total finance lease costs   192    236 
Total lease costs  $27,688   $28,890 
           
Other information          
Cash paid for amounts included in the measurement of lease liabilities:          
Rental payment - operating leases  $23,435   $24,477 
Interest repayment - finance leases   192    236 
Principal repayment - finance leases   1,109    922 
Total cash paid  $24,736   $25,635 
Non-cash activity:          
Balance payment of ROU asset by finance lease liabilities  $10,216   $13,187 
Weighted average remaining lease term (in years):          
Operating leases   0.95    0.95 
Finance leases   2.17    3.17 
Weighted average discount rate:          
Operating leases   4.0%   4.0%
Finance leases   6.9%   6.9%

 

(1) Rental expenses include amortization of $23,067 and $24,041 and interest expenses of $368 and $436 during the three months ended March 31, 2026, and 2025, respectively.
   
(2) Other rental expenses represent those rental expenses for leases with a lease term within one year, and government rent and rates related to the leases.
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES

The supplemental balance-sheet information related to leases for the periods ended March 31, 2026, and December 31, 2025, is as follows:

   As of
March 31, 2026		   As of
December 31, 2025		 
   (Unaudited)   (Audited) 
Assets          
Long-term operating lease ROU assets, net (1)  $72,255   $19,890 
Long-term finance lease ROU asset, net (2)   14,194    15,794 
Total ROU assets  $86,449   $35,684 
           
Liabilities          
Current portion of operating lease liabilities  $72,255   $19,890 
Current portion of finance lease liabilities   4,529    4,442 
Total current lease liabilities   76,784    24,332 
           
Long-term finance lease liabilities   5,687    6,833 
Total long-term lease liabilities   5,687    6,833 
Total lease liabilities  $82,471   $31,165 

 

(1) Operating lease ROU assets are measured at cost of $523,028 and $447,497 less accumulated amortization of $450,773 and $427,607 as of March 31, 2026, and December 31, 2025, respectively.
   
(2) Finance lease ROU assets are measured at cost of $28,898 less accumulated amortization of $14,704 and $13,104 as of March 31, 2026, and December 31, 2025, respectively.
SCHEDULE OF MATURITIES OF LEASE LIABILITIES

Maturities of the Company’s lease liabilities as of March 31, 2026, are as follows:

 

   Operating leases   Finance leases 
Year ending December 31,          
2026 (remaining 9 months)  $57,970   $3,817 
2027   15,791    5,089 
2028   -    2,117 
Total future minimum lease payments   73,761    11,023 
Less: Imputed interest / present value discount   (1,506)   (807)
Present value of lease liabilities  $72,255   $10,216 
           
Lease obligations          
Current lease obligations  $72,255   $4,529 
Long-term lease obligations   -    5,687 
Total lease obligations  $72,255   $10,216