Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 172

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 172
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Maintenance, repairs and minor renewals are charged directly to expenses as incurred. Major additions and improvements to the real estate properties held for lease are capitalized.

In accordance with ASC 360, real estate properties held for lease is subject to valuation adjustments when the carrying amount exceeds fair value. An impairment loss is recognized only if the carrying amount of the assets is not recoverable and exceeds fair value. The carrying amount is not recoverable if it exceeds the sum of the undiscounted cash flows expected to be generated by the assets. For the periods presented, the Company did not recognize any impairment for real estate properties held for lease.

| F-8 |

(h) Impairment of long-lived assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may no longer be recoverable. When these events occur, the Company measures impairment by comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from the use of the assets and their eventual disposition. If the sum of the expected undiscounted cash flow is less than the carrying amount of the assets, the Company would recognize an impairment loss, which is the excess of carrying amount over the fair value of the assets, using the expected future discounted cash flows. No impairments of long-lived assets were recognized as of December 31, 2023 and June 30, 2024.

(i) Revenue recognition

The following table disaggregates the Company’s revenue for the six months ended June 30, 2023 and 2024:

SCHEDULE OF DISAGGREGATION OF REVENUE

| By                               
 revenue type                     |     | 2023                          
 For                           
 the six months ended June 30, 
 2023                          
 (Unaudited)                   |           |     | 2024 
 2024 |         |
|:---------------------------------|:----|:------------------------------|----------:|:----|:-----|--------:|
| Sales of manufactured electronic 
 products                         |     | $                             | 1,135,324 |     | $    | 589,231 |
| Commissioned processing service  |     |                               |   740,063 |     |      |  72,020 |
| Rental income                    |     |                               |   158,012 |     |      | 113,952 |
| Others                           |     |                               |    63,973 |     |      |