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PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PLANT AND EQUIPMENT, NET

NOTE 4 - PLANT AND EQUIPMENT, NET

 

Plant and equipment consisted of the following:

 

   2023   2024 
   As of December 31, 
   2023   2024 
As cost:        
Leasehold improvements   1,256,456    808,963 
Office equipment   58,013    34,115 
Computer equipment   207,426    55,212 
Property and equipment, gross   1,521,895    898,290 
Less: accumulated depreciation   (1,296,330)   (677,687)
Plant and equipment, net   225,565    220,603 

 

Depreciation expense for the years ended December 31, 2022, 2023 and 2024 were $56,250, $46,693 and $121,336, respectively.