$PSIG
PS International Group Ltd.
CIK:0001997201|SEC Filings
Audited Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| TOTAL REVENUE | $ 53,151,084 | $ 87,166,469 | $ 140,020,469 | ||
| TOTAL COST OF REVENUE | 52,117,746 | 83,634,537 | 127,267,588 | ||
| GROSS PROFIT | 1,033,338 | 3,531,932 | 12,752,881 | ||
| (Provision for) Reversal of compensation and penalty | 1,458,856 | (1,245,625) | |||
| General and administrative expenses | (4,021,539) | (8,804,171) | (5,526,360) | ||
| Total operating expenses | (2,562,683) | (8,804,171) | (6,771,985) | ||
| INCOME (LOSS) FROM OPERATIONS | (1,529,345) | (5,272,239) | 5,980,896 | ||
| OTHER INCOME (EXPENSE) | |||||
| Interest income | 50,582 | 66,101 | 79,207 | ||
| Interest expense | (35,052) | (1,291) | |||
| Other income | 38,741 | 37,426 | 143,340 | ||
| Loss on Private Placement | (6,060,367) | ||||
| Issuance costs related to Private Placement | (1,023,625) | ||||
| Change in fair value of warrant liabilities | (6,729,709) | ||||
| Unrealized gains on marketable equity securities | 2,300 | ||||
| Other (loss) gain | 75,023 | (9,104) | (208,232) | ||
| Total other income (expense), net | (13,682,107) | 94,423 | 13,024 | ||
| INCOME (LOSS) BEFORE INCOME TAX | (15,211,452) | (5,177,816) | 5,993,920 | ||
| INCOME TAX (EXPENSE) BENEFIT | (1,728) | 358,684 | (1,381,729) | ||
| NET INCOME (LOSS) | (15,213,180) | (4,819,132) | 4,612,191 | ||
| LESS: NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST | 1,634 | 7,707 | 34,785 | ||
| NET INCOME (LOSS) ATTRIBUTABLE TO ORDINARY SHAREHOLERS OF THE COMPANY | (15,214,814) | (4,826,839) | 4,577,406 | ||
| TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ORDINARY SHAREHOLERS OF THE COMPANY | $ (15,214,814) | $ (4,826,839) | $ 4,577,406 | ||
| WEIGHTED AVERAGE ORDINARY SHARES OUTSTANDING*: | |||||
| Basic (in Shares) | [1] | 3,995,301 | 2,797,435 | 2,500,000 | |
| Diluted (in Shares) | [1] | 3,995,301 | 2,797,435 | 2,500,000 | |
| NET INCOME (LOSS) PER ORDINARY SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLERS OF THE COMPANY: | |||||
| Basic (in Dollars per share) | $ (3.81) | $ (1.73) | $ 1.83 | ||
| Diluted (in Dollars per share) | $ (3.81) | $ (1.73) | $ 1.83 | ||
| Revenues | |||||
| TOTAL REVENUE | $ 52,187,740 | $ 86,906,423 | $ 139,673,764 | ||
| Related Parties | |||||
| TOTAL REVENUE | 963,344 | 260,046 | 346,705 | ||
| TOTAL COST OF REVENUE | 694,798 | 2,191,830 | 5,022,497 | ||
| Cost of Revenue | |||||
| TOTAL COST OF REVENUE | $ 51,422,948 | $ 81,442,707 | $ 122,245,091 | ||
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