Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 147

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 147
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IES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

(In
U. S. dollars, unless stated otherwise)

Note
11 - Intangible assets, net

Intangible
assets consisted of the following:

Schedule
of intangible assets, net

                                      As of                          As of         
                                                                                   
                                      December 31,                   December 31,  
                                      2024                           2023          
  Software                            $                  19,681      $             
 ───────────────────────────────────────────────────────────────────────────────────
  Distribution rights                                   337,827                    
  Total intangible assets                               357,508                    
  Less: accumulated amortization                         20,213                    
  Total intangible assets, net        $                 337,295      $             

Amortization
expense for the years ended December 31, 2024, 2023 and 2022 amounted to $ 20,172 0 115,907 14,755,560 0 167,787

The
following table sets forth the Company’s amortization expense for the next five years ending:

Schedule of amortization expense

                                              Amortization               
                                              expenses                   
  Twelve months ending December 31, 2025      $                 153,944  
  Twelve months ending December 31, 2026                        159,484  
  Twelve months ending December 31, 2027                         17,962  
  Twelve months ending December 31, 2028                          3,936  
  Twelve months ending December 31, 2029                          1,969  
  Total                                       $                 337,295  

Note
12 - Forward Purchase Agreements

On
November 9, 2022 and November 13, 2022, 8i, EHL, and certain institutional investors, HB Strategies LLC (the “ Seller 1”)
and Alto Opportunity Master Fund, SPC - Segregated Master Portfolio B (“ Seller 2”) entered into an agreement (the “ Prepaid
Forward Agreement 1” and “ Prepaid Forward Agreement 2”), respectively, for an equity prepaid forward transaction (the
“ Prepaid Forward Transaction 1” and “ Prepaid Forward Transaction 2”).

Pursuant
to the terms of the Prepaid Forward Agreements, Seller 1 and Seller 2 may (i) purchase through a broker in the open market, from holders
of Shares other than 8i Acquisition or affiliates thereof