v3.25.1
PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PLANT AND EQUIPMENT, NET

NOTE 6 – PLANT AND EQUIPMENT, NET

 

Plant and equipment, net consist of the following:

  

         
   As of December 31, 
At cost:  2024   2023 
   Leasehold improvements  $34,615   $37,159 
   Furniture and fixtures   7,742    8,310 
   Equipment   44,385    40,135 
 Plant and equipment, gross   86,742    85,604 
Less: accumulated depreciation   (72,928)   (65,995)
Total  $13,814   $19,609 

 

Depreciation expense for the years ended December 31, 2024 and 2023 was $9,549 and $11,032, respectively.

 

For the years ended December 31, 2024 and 2023, the Company evaluated and determined there was no impairment loss on the plant and equipment.

 

 

VS MEDIA HOLDINGS LIMITED AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

(Stated in US Dollars, except for number of shares)