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INTANGIBLE ASSET (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
INTANGIBLE ASSET    
Schedule of intangible assets

June 30, 2021

 

 

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Net Carrying Amount

 

 

Weighted Average Useful Life (Years)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Software development

 

$57,143

 

 

$(6,206)

 

$50,937

 

 

 

5

 

Foreign currency translation adjustment

 

 

-

 

 

 

-

 

 

 

(7,526)

 

 

 

 

Intangible assets, net

 

$57,143

 

 

$(6,206)

 

$43,411

 

 

 

 

 

 
Schedule of intangible assets amortization expenses

Fiscal years:

 

 

 

Remaining 2021

 

$6,206

 

2022

 

 

12,412

 

2023

 

 

12,412

 

Thereafter

 

 

12,381