Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 473

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 473
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 substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognized in the statement of profit or loss. Offsetting of financial instruments Financial assets and financial liabilities are offset and the net amount is reported in the consolidated statement of financial position if there is a currently enforceable legal right to offset the recognized amounts and there is an intention to settle on a net basis, to realize the assets and settle the liabilities simultaneously. Classification as debt or equity Debt and equity instruments are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. Intangible Assets Intangible assets acquired separately Intangible assets with finite useful lives that are acquired separately are carried at cost, less accumulated amortization and accumulated impairment losses. Amortization is recognized on a straight -linebasis over their estimated useful lives. The estimated useful life and amortization method are reviewed at the end of each reporting period, with the effect of any changes in estimate being accounted for on a prospective basis. Intangible assets with indefinite useful lives that are acquired separately are carried at cost, less accumulated impairment losses. Internally - generated intangible assets — research and development expenditure Expenditure on research activities is recognized as an expense in the period in which it is incurred. An internally -generatedintangible asset arising from development (or from the development phase of an internal project) is recognized if, and only if, all of the following conditions have been demonstrated: •The technical feasibility of completing the intangible asset so that it will be available for use or sale •The intention to complete the intangible asset and use or sell it •The ability to use or sell the intangible asset •How the intangible asset will generate probable future economic benefits •The availability of adequate technical, financial and other resources to complete the development and to use or sell the intangible asset •The ability to measure reliably the expenditure attributable to the intangible asset during its development The amount initially recognized for internally -generatedintangible assets is the sum of the expenditure incurred from the date when the intangible asset first meets the recognition criteria listed above. Where no internally -generatedintangible asset can be recognized, development expenditure is recognized in profit or loss in the period in which it is incurred. Subsequent to initial recognition, internally -generatedintangible assets are reported at cost, less accumulated amortization and accumulated impairment losses, on the same basis as int