consist of license and registration fees, insurance expenses, utility expenses, travel expenses and bank charges. Professional fees Our professional fees primarily consist of service fees for legal, accounting, consulting, and other professional services which are needed during the ordinary course of our business operation.

filing / Apr 30, 2026 / receipt

As of December 31, 2025, our leased office space was 2,589 square feet in aggregate, including 1,753 square feet in Hong Kong, 800 square feet in Singapore and 36 square feet in the Cayman Islands.

filing / Apr 30, 2026 / receipt

Effectiveness of cost control measures Our results of operations depend on our ability to manage our costs and expenses.

filing / Apr 30, 2026 / receipt

from the cost control measures. Professional Fees. Our professional fees increased from US$3.4 million in 2023 to US$4.5million in 2024, primarily due to that the Company engaged an industry professional team to provide operations, transaction processing, risk management, customer management and other services surrounding its OTC options business.

filing / Apr 30, 2026 / receipt