INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

	Estimated Useful Life	As of September 30, 2022			As of December 31, 2021
At cost:
Licensed media content (1)	3 years	$	137,377		$	146,010
Trademarks and trade name	10 years		9,480			7,646
Intangible assets, at cost			146,857			153,656
Less: accumulated amortization			(46,614	)		(12,279	)
Intangible assets, net		$	100,243		$	141,377

⁽¹⁾ Amortization of licensed media content was primarily in “Cost of revenues” in the unaudited condensed consolidation statements of operations.

Schedule of amortization expense of intangible assets

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
Cost of revenues	$	11,750	$	–	$	35,810	$	–
General and administrative expenses		238		–		713		–
Total amortization of intangible assets	$	11,988	$	–	$	36,523	$	–

Schedule of amortization expense for intangible assets

Year ending December 31,
2022 (excluding the nine months ended September 30, 2022)	$	11,685
2023		46,740
2024		35,293
2025		948
2026		948
Thereafter		4,629
Total	$	100,243