v3.25.2
Intangible Assets, Net
12 Months Ended
Dec. 31, 2024
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 10 – INTANGIBLE ASSETS, NET

 

The following table presents the components of our intangible assets:

 

  2024   2023 
Finite-lived intangible assets:        
Software  $955,466   $916,069 
Copyrights   61,040    62,744 
Other   8,773    9,020 
Less: accumulated amortization   (529,883)   (71,110)
Net finite-lived intangible assets   495,396    916,723 
Indefinite-lived intangible assets:          
Operating licenses   18,689,581    20,247,909 
Stock exchange trading right   128,821    128,062 
Trademarks   87,038    89,709 
Other   15,127    15,550 
Intangible assets, net  $19,415,963   $21,397,953 

Amortization expense was $496,095, $102,848 and $5,837 for the years ended December 31, 2024, 2023 and 2022. There was no impairment of intangible assets for the years ended December 31, 2024, 2023 and 2022.

 

The following is the estimated future amortization expense of finite-lived intangible assets as of December 31, 2024.

 

2025  $446,784 
2026   6,076 
2027   6,076 
2028   6,076 
2029   6,076 
Thereafter   24,308 
Total  $495,396 

 

The weighted-average remaining amortization period for finite-lived intangible assets is 1.1 years.