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

6. CONTENT ASSETS, NET

 

Content assets were comprised of current content assets and non-current content assets. The useful lives of current content assets were below 12 months, while the useful lives of non-current content assets ranged from 18 months to 36 months.

 

Current content assets were comprised of the following:  

 

    June 30,     December 31,  
    2026     2025  
Produced contents            
- in development and production   $ 35,800     $ 64,500  
- released     6,234,300       6,104,900  
Copyrights     4,216,500       3,524,900  
      10,486,600       9,694,300  
Less: accumulated amortization     (9,736,400 )     (8,716,300 )
Less: accumulated impairment     (14,300 )     (11,700 )
Total   $ 735,900     $ 966,300  

 

Non-current content assets were comprised of the following:

 

    June 30,     December 31,  
    2026     2025  
             
Produced contents   $ 581,000     $ 581,000  
Copyrights     496,000       415,200  
      1,077,000       996,200  
Less: accumulated amortization     (950,500 )     (882,700 )
Total   $ 126,500     $ 113,500  

 

The following is a schedule, by fiscal years, of amortization amount of content assets as of June 30, 2026:

 

For the six months ending December 31, 2026   $ 667,300  
For the year ending December 31, 2027     186,300  
For the year ending December 31, 2028     8,800  
Total   $ 862,400  

 

For the six months ended June 30, 2026 and 2025, the Company recorded amortization expenses of $1,087,900 and $2,655,400 on content assets. In addition, for the six months ended June 30, 2026 and 2025, the Company provided impairment of $14,300 and $nil on production contents in development and production, as the Company’s customers defaulted in accepting the products.