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INTANGIBLE ASSETS, NET (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

Intangibles, net consisted of the following:

 

   2024   2023 
   As of 
   June 30,   December 31, 
   2024   2023 
Purchased software  $1,072,018   $1,097,279 
Capitalized software development costs   1,941,718    1,475,691 
Intangible assets, gross   3,013,736    2,572,970 
Less: accumulated amortization   (1,016,913)   (656,608)
Intangible assets, net  $1,996,823   $1,916,362 

SCHEDULE OF FUTURE AMORTIZATION EXPENSE

The following summarizes total future amortization expenses of the purchased software at June 30, 2024:

 

SCHEDULE OF FUTURE AMORTIZATION EXPENSE 

Year ending December 31,    
2024 (remaining 6 months)   368,395 
2025   616,980 
2026   331,395 
2027   37,315 
2028 and after   142,738 
Total future amortization expense  $1,496,823