v3.25.2
Intangible assets, net (Tables)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Schedule of intangible assets net

Intangible assets, net as of December 31, 2024 and 2023 consisted of the following:

 

   2024   2023 
   December 31, 
   2024   2023 
   US$   US$ 
         
Software   -    22,778,055 
Developed technologies   5,853,354    5,853,354 
Trade names and trademarks   7,043,640    7,043,640 
Total   12,896,994    35,675,049 
Less: accumulated amortization   (9,510,877)   (26,483,336)
Intangible assets, net   3,386,117    9,191,713 
 
Schedule of future amortization expenses

As of December 31, 2024, the estimated future amortization expense for each of the next five years and thereafter was as follows:

 

   Amortization 
   US$ 
For the year ending December 31,     
2025   1,540,557 
2026   1,540,557 
2027   305,003 
2028   

-

 
Thereafter   - 
Total   3,386,117 
 
Seamless Group Inc [Member]    
Schedule of intangible assets net  

Intangible assets, net as of December 31, 2023 and 2022 consisted of the following:

 

   2023   2022 
   December 31, 
   2023   2022 
   US$   US$ 
         
Software   22,778,055    20,546,739 
Developed technologies   5,853,354    5,853,354 
Trade names and trademarks   7,043,640    7,043,640 
Total   35,675,049    33,443,733 
Less: accumulated amortization   (26,483,336)   (23,593,955)
Intangible assets, net   9,191,713    9,849,778 
Schedule of future amortization expenses  

As of December 31, 2023, the estimated future amortization expense for each of the next five years and thereafter was as follows:

 

   Amortization 
   US$ 
For the year ending December 31,     
2024   2,948,062 
2025   2,779,867 
2026   2,343,051 
2027   815,240 
2028   305,493 
Thereafter   - 
Total   9,191,713