v3.26.3
Intangible Assets, Net
 6 Months Ended
Jun. 30, 2026
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 8 — INTANGIBLE ASSETS, NET

 

Intangible assets, net, consisted of the following:

 

    June 30,
2026		     December 31,
2025		  
    (Unaudited)        
Intangible assets   $ 290,000     $ 290,000  
Less: accumulated amortization     (81,875 )     (63,750 )
Total intangible assets, net   $ 208,125     $ 226,250  

 

Management assessed whether events or changes in circumstances, including store closures and changes in business operations, indicated that the carrying amount of the intangible assets may not be recoverable. As the software systems are utilized across the Company’s operations and are not dependent on individual store performance, management concluded that such events did not represent impairment indicators. Accordingly, no impairment loss was recognized for the six months ended June 30, 2026.

 

Amortization expenses were $18,125 and $18,125 for the six months ended June 30, 2026 and 2025, respectively.

 

Amortization of intangible assets attributable to future periods as of June 30, 2026 is as follows:

 

Twelve months ended June 30:      
    (Unaudited)  
2027   $ 36,250  
2028     36,250  
2029     36,250  
2030     36,250  
2031     36,250  
Thereafter     26,875  
Total   $ 208,125