XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
SCHEDULE OF ESTIMATED USEFUL LIVES OF PROPERTY AND EQUIPMENT

Property and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets with no residual value. The estimated useful lives are as follows:

   Useful Life
    
Computer and office equipment  5-7 years
Furniture & fixtures  6-7 years
Leasehold improvements  Lease Term
Vehicle  5 years
SCHEDULE OF ESTIMATED USEFUL LIVES OF INTANGIBLE ASSETS, NET

Intangible assets, net, are stated at cost, less accumulated amortization. Amortization expense is recognized on the straight-line basis over the estimated useful lives of the assets as follows:

Classification  Useful Life
    
Computer software  5 years
SCHEDULE OF DIS-AGGREGATED INFORMATION OF REVENUES

Disaggregated information of revenues by products are as follows:

   2022   2021 
   For the three months ended 
   March 31, 
   2022   2021 
         
Survivor Select  $8,812   $13,226 
Energized Mineral Concentrate   -    43,892 
Ionized Cal-Mag   48,090    21,813 
Omega Blend   136,429    96,295 
BetaMaxx   24,073    33,857 
Iron   4,068    8,284 
Young Formula   33,194    11,443 
ATPR Mito +   111,321    36,695 
No. 1 MED   -    4,122 
Energetique   4,347    6,609 
Trim+   3,471    20,451 
Others – Products for the provision of complementary health therapies   34,087    - 
Total revenues - products   407,892    296,687 
Health and Wellness services   1,068    5,093 
Total revenues - products and services  $408,960   $301,780 
SCHEDULE OF FOREIGN CURRENCIES TRANSLATION EXCHANGE RATES

Translation of foreign currencies into US$1 have been made at the following exchange rates for the respective periods:

   As of 
   March 31, 2022   December 31, 2021 
         
Period-end MYR : US$1 exchange rate   4.20    4.18 
Period-end HKD : US$1 exchange rate   7.83    7.80 

 

   For the three months ended March 31, 
   2022   2021 
         
Period-average MYR : US$1 exchange rate   4.20    4.08 
Period-average HKD : US$1 exchange rate   7.81    7.76