XML 24 R13.htm IDEA: XBRL DOCUMENT v3.25.2
INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE – 7 INTANGIBLE ASSETS

 

As of June 30, 2025 and December 31, 2024, intangible assets consisted of the following:

 

   Useful life 

June 30,

2025

   December 31,
2024
 
      (Unaudited)     
At cost:             
Software  8 years  $562,615   $562,615 
Licensing  4 years   5,933    5,933 
Intangible assets, gross      568,548    568,548 
Less: accumulated depreciation      (542,165)   (530,041)
Intangible assets, net     $26,383   $38,507 

 

Computer software includes business and operating software and license acquired from third parties.

 

Amortization of intangible assets was $11,928 and $24,638 for the years ended June 30, 2025 and December 31, 2024, respectively.

 

None of the above amortization was recognised under cost of revenue.