Company: OSRH
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045947
Chunk: 302

Company: OSR Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 8
Chunk 302
---
 receivables are included in
net cash provided by operating activities in the statements of cash flows. The Group does not have any off-balance sheet credit exposure
related to its customers.

    March 31, 
2025  
    December 31, 2024 
  
    Trade receivables 
    $860,514  
    $972,036 
  
    Less: Allowance for credit losses 
     (66,007) 
     (67,580)
  
    Net trade receivables 
     794,507  
     904,456 
  
    Other receivables 
     5,029  
     29,368 
  
    Total 
    $799,537  
    $933,824 

(9)Inventories,
net

Inventories
consisted of the following as of March 31, 2025 and December 31, 2024:

    March 31, 
2025  
    December 31, 
2024 
  
    Merchandised goods 
    $764,313  
    $949,724 
  
    Less inventory reserves 
     (27,683) 
     (27,617)

    $736,630  
    $922,107 

(10)Other
financial assets

Details
of other financial assets as of March 31, 2025 and December 31, 2024 are as follows:

    March 31, 2025  
    December 31, 2024 

    Current  
    Non-current  
    Current  
    Non-current 
  
    Leasehold guarantee deposits 
    $54,552  
    $22,053  
    $54,422  
    $21,669 
  
    Other deposits 
     -  
     1,091  
     -  
     1,088 
  
    Loan 
     -  
     326,820  
     -  
     306,494 
  
    Total 
    $54,552  
    $349,964  
    $54,422  
    $329,252 

(11)Other
assets

Details
of other assets as of March 31, 2025 and December 31, 2024 are as follows:

    March 31, 2025  
    December 31,