Company: NIVFW
Filing Date: 2025-05-29
Form Type: F-1/A
Source: 0001213900-25-048554
Chunk: 201

Company: NewGenIvf Group Ltd
Filing Date: 2025-05-29
Form: F-1/A
Chunk 201
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 allowances for expected credit
loss is as follow:

|                                    |     | December 31, 
 2024         |     |   |     | 2023 |     |   |
|:-----------------------------------|:----|:-------------|:----|:--|:----|:-----|----:|:--|
| Balance at beginning of the year   |     | $            | (19 | ) |     | $    | (26 | ) |
| Reversal of expected credit losses |     |              | -   |   |     |      |   7 |   |
| Ending balance                     |     | $            | (19 | ) |     | $    | (19 | ) |

NOTE 5 — INVENTORIES

Inventories consist of the following:

|                                                                          |     | December 31, |   2024 |     |   |    2023 |
|:-------------------------------------------------------------------------|:----|:-------------|-------:|:----|:--|--------:|
| Medicines, consumables and reagents for clinical and laboratory analyses |     | $            | 80,813 |     | $ | 126,264 |
|                                                                          |     | $            | 80,813 |     | $ | 126,264 |

NOTE 6 — DEPOSITS, PREPAYMENT, OTHER RECEIVABLES AND DEFERRED IPO COST, NET

Deposits, prepayment, other receivables and deferred
IPO cost, net consist of the following:

| Current                                       |     | December 31, 
 2024         |           |   |     | 2023 |           |   |
|:----------------------------------------------|:----|:-------------|----------:|:--|:----|:-----|----------:|:--|
| Other receivables                             |     | $            |   121,533 |   |     | $    |    15,910 |   |
| Deposits                                      |     |              |    73,917 |   |     |      |   123,008 |   |
| Deferred initial public offering “IPO” cost   |     |              |         - |   |     |      |   373,677 |   |
| Less: allowance for expected credit loss      |     |              |        (4 | ) |     |      |       (14 | ) |
|                                               |     | $            |