INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2025

Notes and other explanatory information [abstract]

INTANGIBLE ASSETS

9. INTANGIBLE ASSETS

	As of June 30, 2025			As of December 31, 2024
	$
Customer relationship (Note 8)		3,576,357			-
Software (Note 12)		5,760,000			-
Subtotal		9,336,537
Impairment on intangible assets		(4,063,000	)		-
Total intangible assets, net		5,273,357			-

As of June 30, 2025, the Group identified certain impairment indicators and perform the impairment testing. The recoverable amount was assessed at $1,697,000. The Group recorded an impairment loss of approximately $4,063,000 and nil for the six months ended June 30, 2025 and 2024. See Note 12 for detail.