v3.25.2
INTANGIBLE ASSETS NET
6 Months Ended
Jun. 30, 2025
INTANGIBLE ASSETS NET  
INTANGIBLE ASSETS - NET

9. INTANGIBLE ASSETS – NET

 

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

(Unaudited)

 

 

 

Licenses

 

$4,636,199

 

 

$4,636,199

 

Patents and copyrights

 

 

29,848

 

 

 

29,848

 

IRU - media cost

 

 

18,122,699

 

 

 

18,463,900

 

Software

 

 

63,133

 

 

 

63,133

 

 

 

 

22,851,879

 

 

 

23,193,081

 

Less: Accumulated amortization – net

 

 

(13,141,538)

 

 

(12,929,032)

 

 

 

 

 

 

 

 

 

 

 

$9,710,341

 

 

$10,264,049

 

Useful life of intangible assets ranges between 5 years to 20 years. Moreover, amortization of intangible assets has been allocated to depreciation and amortization on the face of the statement of profit or loss.

 

As of June 30, 2025, future amortization expense scheduled to be expensed is as follows:

 

Year ending December 31,

 

2025 (Six months)

 

 

367,603

 

2026

 

 

567,511

 

2027

 

 

549,426

 

2028

 

 

549,426

 

2029

 

 

549,423

 

Thereafter

 

 

7,126,952

 

 

 

$9,710,341