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Accounts Receivable, Net
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Accounts Receivable, Net [Abstract]    
ACCOUNTS RECEIVABLE, NET

NOTE 3 — ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consists of the following:

 

   June 30,   December 31, 
   2024   2023 
Accounts receivable  $172,493   $9,393 
Less: allowance for expected credit loss   (18)   (19)
   $172,475   $9,374 

 

As of the end of each of the financial year, the aging analysis of accounts receivable, net of allowance for expected credit loss, based on the invoice date is as follows:

 

   June 30,   December 31, 
   2024   2023 
Within 90 days  $172,475   $9,374 
   $172,475   $9,374 

 

The movement of allowances for expected credit loss is as follow:

 

   June 30,   December 31, 
   2024   2023 
Balance at beginning of the year  $(19)  $(26)
Reversal (provision) of provision   1    7 
Effect of currency translation adjustment   
—
    
—
 
Ending balance  $(18)  $(19)

NOTE 3 — ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consists of the following:

 

   December 31, 
   2023   2022 
Accounts receivable  $9,393   $13,026 
Less: allowance for expected credit loss   (19)   (26)
   $9,374   $13,000 

 

As of the end of each of the financial year, the aging analysis of accounts receivable, net of allowance for expected credit loss, based on the invoice date is as follows:

 

   December 31, 
   2023   2022 
Within 90 days  $9,374   $13,000 
   $9,374   $13,000 

 

The movement of allowances for expected credit loss is as follow:

 

   December 31, 
   2023   2022 
Balance at beginning of the year  $(26)  $(286)
Reversal of expected credit losses   7    260 
Ending balance  $(19)  $(26)