v3.26.3
Intangible assets, net
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible assets, net

Note 9 – Intangible assets, net

 

Intangible assets consisted of the following:

 

  

As of

June 30, 2026

  

As of

December 31, 2025

 
   (Unaudited)     
Software  $39,348   $30,637 
Distribution rights   300,347    300,347 
Total intangible assets   339,695    330,984 
Less: accumulated amortization   (251,390)   (169,550)
Total intangible assets, net  $88,305   $161,434 

 

Amortization expense for the six months ended June 30, 2026 and 2025 amounted to $81,953 and $77,904, respectively. No impairment of intangibles assets was recorded for the six months ended June 30, 2026 and 2025, respectively.

 

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

 

   Amortization 
   expenses 
Twelve months ending June 30, 2027  $62,190 
Twelve months ending June 30, 2028   7,870 
Twelve months ending June 30, 2029   7,870 
Twelve months ending June 30, 2030   7,478 
Twelve months ending June 30, 2031   2,897 
Total  $88,305