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INTANGIBLE ASSET

6 Months Ended

Jun. 30, 2022

INTANGIBLE ASSET

INTANGIBLE ASSET

NOTE 6 – INTANGIBLE ASSET

Intangible asset is software development cost incurred by company, it will be amortized on a straight line basis over the estimated useful life of 5 years as follow:

June 30, 2022
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount				Weighted Average  Useful Life (Years)
Intangible assets:
Software development		$	57,143			$	(29,948	)		$	27,195				5
Foreign currency translation adjustment			-				-				5,203
Intangible assets, net		$	57,143			$	(26,794	)		$	32,398

Amortization expense for intangible assets was $3,155 for the six months period ended June 30, 2022.

Expected future intangible asset amortization as of June 30, 2022 was as follows:

Fiscal years:
Remaining 2022		$	19,701
2023			12,697

X

- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-URI https://asc.fasb.org/subtopic&trid=2144471

+ Details

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Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration