Note 7: Inventories

Management continuously reviews obsolete and slow moving inventories and assesses the inventory valuation to determine if the write-down of inventories is deemed appropriate. For the years ended December 31, 2024, and 2023, write-down of inventories amounted to US$1,000 and US$(1,000), respectively, which were charged to cost of revenue in consolidated statements of operations and comprehensive income / (loss).