v3.25.2
Intangible Assets
 3 Months Ended
Mar. 31, 2025
Intangible Assets [Abstract]  
INTANGIBLE ASSTES

9. INTANGIBLE ASSTES

 

Intangible assets consisted of the following: 

 

   As of 
   March 31,   December 31, 
   2025   2024   2023 
   US$   US$   US$ 
Purchased software   3,214    3,196    3,295 
Less: accumulated amortization   (375)   (399)   (82)
 Less: impairment allowance   (2,839)   (2,797)   
-
 
    
-
    
-
    3,213 

 

Amortization expenses for the purchased software were US$nil, US$324, and US$82 for the three months ended March 31, 2025 and the fiscal years ended December 31, 2024 and 2023, respectively. Impairment charge recorded was US$nil, US$2,837, and US$nil for the three months ended March 31, 2025 and the fiscal years ended December 31, 2024 and 2023, respectively.