v3.26.3
Intangible Asset, Net
6 Months Ended
Jun. 30, 2026
Intangible Asset, Net [Abstract]  
Intangible Asset, Net

NOTE 9 - Intangible Asset, Net

 

As of June 30, 2026 and December 31, 2025, the cost and accumulated amortization for intangible asset were as follows:

 

    Satellite
System
Software
    Accumulated
Amortization
    Net  
January 1, 2025   $ 17,398,145       (6,118,252 )     11,279,893  
Addition     -       (1,667,419 )     (1,667,419 )
Exchange rate adjustment     15,668       (2,396 )     13,272  
December 31, 2025     17,413,813     $ (7,788,067 )   $ 9,625,746  
Addition     -       (617,929 )     (617,929 )
Exchange rate adjustment     (5,452 )     1,678       (3,774 )
June 30, 2026 (Unaudited)   $ 17,408,361       (8,404,318 )     9,004,043  

 

Amortization expense was $617,929 and $876,460 for each of the six months ended June 30, 2026 and 2025.

 

Amortization expense was $310,676 and $437,342 for each of the three months ended June 30, 2026 and 2025.

 

The following table sets forth the Company’s amortization expense for the next five years end:

 

    Amortization  
    expenses  
Twelve months ending June 30, 2027   $ 1,245,836  
Twelve months ending June 30, 2028     1,245,836  
Twelve months ending June 30, 2029     1,245,836  
Twelve months ending June 30, 2030     1,245,836  
Twelve months ending June 30, 2031     1,245,836  
Thereafter     2,774,863  
Total   $ 9,004,043