9. INTANGIBLE
ASSETS, NET
Intangible assets, net, consisted of the following:
| | |
As of
June 30, | | |
As of
December 31, | |
| | |
2026 | | |
2025 | |
| | |
(Unaudited) | | |
| |
| Exclusive contractual technology license(i) | |
$ | 68,600 | | |
$ | - | |
| Customer relationship(i) | |
| 8,675 | | |
| - | |
| Software(i) | |
| 7,341 | | |
| - | |
| Total intangible assets | |
| 84,616 | | |
| - | |
| Less: Accumulated amortization | |
| (1,596 | ) | |
| - | |
| Intangible assets, net | |
$ | 83,020 | | |
$ | - | |
| (i) | The above intangible assets were recognized in connection
with the acquisitions of Neurovia and QC Capital completed during the current period. Further details of these acquisitions are disclosed
in Note 5 and Note 6. |
Amortization expenses amounted to US$1.6 million
and nil for the six months ended June 30, 2026 and 2025, respectively.
As of June 30, 2026, the estimated future amortization
expenses of the intangible assets were as follow:
| For the year ended December 31, | |
Amount | |
| Remainder of 2026 | |
$ | 5,288 | |
| 2027 | |
| 10,577 | |
| 2028 | |
| 10,577 | |
| 2029 | |
| 10,577 | |
| 2030 | |
| 10,577 | |
| Thereafter | |
| 35,424 | |
| Total amortization expenses | |
$ | 83,020 | |
|