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Intangible Assets, Net
12 Months Ended
Dec. 31, 2025
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 11 – INTANGIBLE ASSETS, NET

 

The following table presents the components of our intangible assets:

 

   2025   2024 
Finite-lived intangible assets:          
Software  $2,289,799   $955,466 
Copyrights   63,697    61,040 
Other   9,154    8,773 
Less: accumulated amortization   (1,159,877)   (529,883)
Net finite-lived intangible assets   1,202,773    495,396 
Indefinite-lived intangible assets:          
Operating licenses   52,721,574    18,689,581 
Stock exchange trading right   128,488    128,821 
Trademarks   1,365,946    87,038 
Other   15,786    15,127 
Intangible assets, net  $55,434,567   $19,415,963 

Amortization expense was $630,063, $496,095 and $102,848 for the years ended December 31, 2025, 2024 and 2023. There was no impairment of intangible assets for the years ended December 31, 2025, 2024 and 2023.

 

The following is the estimated future amortization expense of finite-lived intangible assets as of December 31, 2025.

 

2026  $1,113,769 
2027   51,667 
2028   6,223 
2029   6,223 
2030   6,223 
Thereafter   18,668 
Total  $1,202,773 

 

The weighted-average remaining amortization period for finite-lived intangible assets is 1.1 years.