Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 222

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 222
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:----------------------------------|:----|:-----|-----------:|:--|:----|:-----|----------:|:--|
| Office equipment                  |     | $    |  1,003,594 |   |     | $    |   822,262 |   |
| Furniture & Fitting               |     |      |     70,563 |   |     |      |    68,490 |   |
| Office and warehouse renovation   |     |      |    455,313 |   |     |      |   431,293 |   |
| Subtotal                          |     |      |  1,529,470 |   |     |      | 1,322,045 |   |
| Less: accumulated depreciation    |     |      | (1,149,155 | ) |     |      |  (816,934 | ) |
| Total property and equipment, net |     | $    |    380,315 |   |     | $    |   505,111 |   |

Depreciation expenses for
the years ended March 31, 2025, 2024, and 2023 were amounted to $328,948, $320,308 and $297,069, respectively. The Company recognized
loss from disposal of property and equipment were nil, $57,202 and nil for the years ended March 31, 2025, 2024, and 2023, respectively.

Note 12 — Definite-lived Intangible assets, net

Definite-lived intangible assets consisted of
the following:

|                                        |     | 2025 |  March 31, |   |     | 2024 |  March 31, |   |
|:---------------------------------------|:----|:-----|-----------:|:--|:----|:-----|-----------:|:--|
| Customer relationships                 |     | $    |  4,594,812 |   |     | $    |  4,594,812 |   |
| License                                |     |      |    139,865 |   |     |      |    139,865 |   |
| Trademark                              |     |      |    224,809 |   |     |      |    224,809 |   |
| Less: accumulated amortization         |     |      | (2,751,634 | ) |     |      | (