XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.25.2

Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2025
Intangible Assets [Abstract] |
INTANGIBLE ASSETS | 9. INTANGIBLE ASSETS Intangible assets consist of the following:
|  | June 30, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Trading rights of license plates |  | $ | 127,392 |  |  | $ | 128,824 |
System and software |  |  | 627,489 |  |  |  | 628,131 |
Subtotal |  |  | 754,881 |  |  |  | 756,955 |
Less: accumulated depreciation and amortization |  |  | (252,008 | ) |  |  | (224,133 | )
Total |  | $ | 502,873 |  |  | $ | 532,822 |
Amortization expense included in general and administration expenses for the six months ended June 30, 2025 and 2024 was $28,518 and $28,518, respectively. Amortization expense included in cost of sales for the six months ended June 30, 2025 and 2024 was $0 and $0, respectively. The estimated amortization is as follows:
As of June 30, |  | Estimated amortization expense |
From July 1, 2025 to June 30, 2026 |  | $ | 57,035 |
From July 1, 2026 to June 30, 2027 |  |  | 57,035 |
From July 1, 2027 to June 30, 2028 |  |  | 57,035 |
From July 1, 2028 to June 30, 2029 |  |  | 57,035 |
From July 1, 2029 to June 30, 2030 |  |  | 57,035 |
Thereafter |  |  | 90,306 |
Total |  | $ | 375,481 |
Type 1 and Type 2 licenses by Hong Kong Securities and Futures Commission have no expiration date and do not require amortization, amount was $128,560 and $128,824.

X
- References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsNetAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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 -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481283/985-20-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 985 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/985-20/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration