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REVENUE FROM CONTRACTS WITH CUSTOMERS | 6 Months Ended
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Jun. 30, 2026
Revenue from Contract with Customer [Abstract] |
REVENUE FROM CONTRACTS WITH CUSTOMERS | NOTE 2 - REVENUE FROM CONTRACTS WITH CUSTOMERS The Company’s revenues consist of revenue from provision of business consulting and corporate advisory services (“service revenue”), revenue from the provision of digital platforms and trading of digital assets (“digital revenue”) and revenue from leasing or trading of real estate properties (“real estate revenue”). Revenue from provision of business services For certain service contracts, we assist or provide advisory services to clients in capital market listings (“listing services”). Our services provided to clients are considered as our performance obligations. Revenue and expenses are deferred until the performance obligation is complete and collectability of the consideration is probable. For service contracts where the performance obligation has not been completed, deferred cost of revenue is recorded as incurred, and the deferred revenue is recorded for any payments received on such yet to be completed performance obligations. On an ongoing basis, management monitors these contracts for profitability and, when needed, may record a liability if a determination is made that costs will exceed revenue. For other services such as company secretarial, accounting, financial analysis, insurance brokerage services, and other related services (“non-listing services”), upon our completion of such services, our performance obligations are satisfied, and hence, the relevant revenue is recognized. For contracts in which we act as an agent, the Company reports revenue net of expenses paid. The Company offers no discounts, rebates, rights of return, or other allowances to clients which would result in the establishment of reserves against service revenue. Additionally, to date, the Company has not incurred incremental costs in obtaining a client contract. Revenue from provision of digital platforms and trading of digital assets Through our subsidiary, Green-X Corp. in Labuan (“Green-X”), we operate a platform under the Labuan Financial Services and Securities Act 2010 (LFSSA) whereby security token issuers (“Issuers”) offer their security tokens for subscription and trading by investors (“Investors”) through the Green-X digital asset exchange (“Green-X DAX”) platform. Revenue from the provision of the digital platform represents the fees associated with the services for account opening, transactions and listing at the Green-X DAX platform, respectively. We recognize revenues when services have been rendered to clients, that is, performance obligations have been fulfilled. Revenue from the trading of digital assets represents the sales income of digital assets. We recognize revenues when risks and rewards of ownership of the digital assets have been transferred to the buyers; that is, we lose control over the assets sold and the amount of sales revenue can be reliably measured. Since December 2024, we have issued and sold our digital assets, GX Token, to other investors. Revenue from leasing real estate properties Rental revenue represents rental income from the Company’s tenants. The tenants pay in accordance with the terms in the lease agreements, and the Company recognizes the income ratably over the lease term, as this is the most representative of the pattern in which the benefit is expected to be derived from the underlying assets. Revenue from trading of real estate properties The Company follows the guidance of ASC 610-20, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (“ASC 610-20”), which applies to sales or transfers to noncustomers of nonfinancial assets. Generally, the Company’s sales of real estate properties are considered as a sale of a nonfinancial asset. Under ASC 610-20, the Company derecognizes its assets and recognizes a gain or loss on the sale of real estate when control of the underlying asset transfers to the buyer. During the three and six months ended June 30, 2026, and 2025, no real estate property was sold. Cost of revenues Cost of service revenue primarily consists of employee compensation and related payroll benefits, company formation costs, and other professional fees directly attributable to the services rendered. Cost of digital revenue primarily consists of the cost of technical advisory and IT support to blockchain-based services directly attributable to the cost of digital platforms and digital assets. Cost of rental revenue primarily includes costs associated with repairs and maintenance, property management fees, insurance, depreciation, and other related administrative costs. Utility expenses are paid directly by tenants. Cost of real estate property sold primarily consists of the purchase price of property, legal fees, improvement costs to the building structure, and other acquisition costs. Selling and advertising costs are expensed as incurred. The following table provides information about disaggregated revenue based on revenue by service lines and revenue by geographic area: SCHEDULE OF DISAGGREGATED REVENUE
|  | 2026 |  |  | 2025 |
|  | Three Months Ended June 30, |
|  | 2026 |  |  | 2025 |
|  | (Unaudited) |  |  | (Unaudited) |
Revenue by service lines: |  |  |  |  |  |  |  |
Corporate advisory - non-listing services |  | $ | 248,609 |  |  | $ | 316,786 |
Corporate advisory - listing services |  |  | - |  |  |  | 78,471 |
Provision of a digital platform and trading of digital assets |  |  | 37,464 |  |  |  | 17,921 |
Rental of real estate properties |  |  | 16,094 |  |  |  | 13,914 |
Total revenue |  | $ | 302,167 |  |  | $ | 427,092 |
|  | 2026 |  |  | 2025 |
|  | Three Months Ended June 30, |
|  | 2026 |  |  | 2025 |
|  | (Unaudited) |  |  | (Unaudited) |
Revenue by geographic area: |  |  |  |  |  |  |  |
Hong Kong |  | $ | 129,537 |  |  | $ | 261,764 |
Malaysia |  |  | 137,296 |  |  |  | 78,291 |
China |  |  | 35,334 |  |  |  | 87,037 |
Total revenue |  | $ | 302,167 |  |  | $ | 427,092 |
|  | 2026 |  |  | 2025 |
|  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |
|  | (Unaudited) |  |  | (Unaudited) |
Revenue by service lines: |  |  |  |  |  |  |  |
Corporate advisory - non-listing services |  | $ | 470,820 |  |  | $ | 577,639 |
Corporate advisory - listing services |  |  | 88,535 |  |  |  | 128,471 |
Provision of a digital platform and trading of digital assets |  |  | 115,923 |  |  |  | 44,177 |
Rental of real estate properties |  |  | 32,275 |  |  |  | 29,560 |
Total revenue |  | $ | 707,553 |  |  | $ | 779,847 |
|  | 2026 |  |  | 2025 |
|  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |
|  | (Unaudited) |  |  | (Unaudited) |
Revenue by geographic area: |  |  |  |  |  |  |  |
Hong Kong |  | $ | 340,981 |  |  | $ | 485,383 |
Malaysia |  |  | 286,494 |  |  |  | 163,356 |
China |  |  | 80,078 |  |  |  | 131,108 |
Total revenue |  | $ | 707,553 |  |  | $ | 779,847 |
Deferred costs of revenue For a service contract where the performance obligation has not been completed, deferred costs of revenue is recorded for any costs incurred in advance before completion of the performance obligation. Deferred revenue For a service contract where the performance obligation has not been completed, the deferred revenue is recorded for any payments received in advance before completion of the performance obligation. As of June 30, 2026, and December 31, 2025, deferred costs of revenue and deferred revenue are classified as current assets and current liabilities, respectively: SCHEDULE OF DEFERRED COST OF REVENUE OR DEFERRED REVENUE
|  | 2026 |  |  | 2025 |
|  | As of June 30, 2026 |  |  | As of December 31, 2025 |
|  | (Unaudited) |  |  | (Audited) |
Current assets |  |  |  |  |  |  |  |
Deferred costs of revenue |  | $ | 67,961 |  |  | $ | 58,099 |
Current liabilities |  |  |  |  |  |  |  |
Deferred revenue |  | $ | 285,770 |  |  | $ | 201,535 |
Changes in deferred revenue during the six months ended June 30, 2026 are as follows: SCHEDULE OF CHANGES IN DEFERRED REVENUE
|  | Six Months Ended June 30, 2026 |
|  | (Unaudited) |
Deferred revenue, January 1, 2026 |  | $ | 201,535 |
New contract liabilities |  |  | 172,770 |
Performance obligations satisfied |  |  | (88,535 | )
Deferred revenue, June 30, 2026 |  | $ | 285,770 |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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