| 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 | |
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