v3.26.1
Intangible Assets, net
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, net Intangible Assets, net
Intangible assets, stated at cost less accumulated amortization, consisted of the following as of December 31:
202420252025
HK$ HK$ US$
Software223,381 227,080 29,175 
Domain Name- 62,086 7,977 
Internally developed software70,655,285 72,911,336 9,367,664 
Less: accumulated amortization(52,091,503)(58,904,560)(7,568,071)
Less: impairment loss- (14,242,561)(1,829,887)
18,787,163 53,381 6,858 
Amortization expense of intangible assets totaled HK$5,514,165, HK$4,516,459 and HK$6,813,062 (US$875,344) for the years ended December 31, 2023, 2024 and 2025, respectively. There is no impairment charge was recognized for the year ended December 31, 2023 and 2024. For the year ended December 31, 2025, the Company used a project-based approach by evaluating individual projects and determining if they were not profitable and should be terminated. For those projects that were not profitable and terminated, the Company recognized an impairment on intangible assets of HK$14,242,561 (US$1,829,887).
Amortization expense expected for the next five years is as follows:
Twelve months ending December 31,HK$US$
202621,929 2,817 
202721,929 2,817 
20289,523 1,224 
2029- - 
Total53,381 6,858