Company: NIVFW
Filing Date: 2025-08-22
Form Type: DRS
Source: 0001213900-25-079717
Chunk: 217

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-22
Form: DRS
Chunk 217
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ITS, PREPAYMENT, OTHER RECEIVABLES AND DEFERRED IPO COST, NET

Deposits, prepayment, other receivables and deferred
IPO cost, net consist of the following:

| Current                                       |     | December 31, 
 2024         |           |   |     | 2023 |           |   |
|:----------------------------------------------|:----|:-------------|----------:|:--|:----|:-----|----------:|:--|
| Other receivables                             |     | $            |   121,533 |   |     | $    |    15,910 |   |
| Deposits                                      |     |              |    73,917 |   |     |      |   123,008 |   |
| Deferred initial public offering “IPO” cost   |     |              |         - |   |     |      |   373,677 |   |
| Less: allowance for expected credit loss      |     |              |        (4 | ) |     |      |       (14 | ) |
|                                               |     | $            |   195,446 |   |     | $    |   512,581 |   |
| Deposit with a digital asset trading platform |     | $            | 1,000,000 |   |     | $    |         - |   |
| Receivable from agents                        |     | $            | 1,191,795 |   |     | $    |         - |   |
| Prepayments                                   |     | $            |   197,706 |   |     | $    | 1,262,228 |   |
| Non-current                                   |     |              |           |   |     |      |           |   |
| Prepayment                                    |     | $            |    33,333 |   |     | $    | 1,582,156 |   |
|                                               |     | $            |    33,333 |   |     | $    | 1,582,156 |   |

Included in prepayment is
an amount of $22,000 and $2,839,536 as of December 31, 2024 and 2023 respectively, being share-based compensation cost paid to consultants
for services ranging from three to ten years and with termination clauses of one to three years respectively without any penalties. During
the year, the scope of service was