XML 24 R14.htm IDEA: XBRL DOCUMENT v3.22.1
PROPERTY AND EQUIPMENT, NET
 3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

8. PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consist of the following:

   March 31, 2022   December 31, 2021 
   As of 
   March 31, 2022   December 31, 2021 
         
Computer and office equipment  $81,723   $82,298 
Furniture & fixtures   121,332    122,185 
Leasehold improvements   201,155    202,570 
Vehicle   98,013    98,702 
Subtotal   502,223    505,755 
Less: accumulated depreciation   (306,602)   (289,956)
Total  $195,621   $215,799 

 

Depreciation expense for the three months ended March 31, 2022 and 2021 amounted to $18,707 and $19,170, respectively.

 

 

AGAPE ATP CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(UNAUDITED)

(Currency expressed in United States Dollars (“US$”), except for number of shares)