PROPERTY PLANT AND EQUIPMENT

9 Months Ended

Sep. 30, 2025

PROPERTY PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

7. PROPERTY, PLANT AND EQUIPMENT

	September 30,			December 31,
	2025			2024
	(Unaudited)
Operating fixed assets	$	15,825,031		$	16,872,986
Capital work-in-progress		62,647			63,300
	$	15,887,678		$	16,936,286
Operating fixed assets
Building on freehold land	$	346,051		$	349,650
Freehold land		186,726			188,668
Leasehold improvements		693,601			700,291
Plant and equipment		29,413,315			29,685,166
Office equipment		388,184			388,745
Vehicles		108,880			110,012
Computers		662,253			663,283
Furniture and fixtures		141,165			140,822
Laboratory and other equipment		76,254			77,046
		32,016,429			32,303,683
Less: Accumulated depreciation		(16,191,398	)		(15,430,697	)
	$	15,825,031		$	16,872,986

Useful life of operating fixed assets ranges between 3 years to over 20 years. Details of all major additions and disposals have been provided in the following paragraphs and tables. Moreover, depreciation on operating assets has been allocated to depreciation and amortization on the face of the statement of operations.

Additions for the nine months ended September 30, 2025, amounted to $52,553 and for the nine-months ended September 30, 2024, amounted to $101,719. Disposals for the nine months ended September 30, 2025, amounted to $7,311, and for the nine months ended September 30, 2024 amounted to nil.

Assets	Useful lives in Years
Building		20
Leasehold improvements	5-10
Plant and equipment	3-20
Office equipment		10
Computers		3
Furniture and Fixture		10
Vehicles		5
Lab and other equipment		5

The useful life of the set-top boxes and cable modems is 5 years. The set-top boxes and cable modems are the part of plant and equipment.

Set-top boxes for digital signal and cable modems are acquired with Company funds and provided to customers for their use. Set-top boxes and cable modems are provided free of charge to customers and these devices remain the property of the Company. Customers use these devices during the service period, and are required to return these devices to the Company upon termination of the services or disconnection of their subscription. The Company capitalizes these devices and charges depreciation over the life of these devices on a straight-line basis.