Company: KPEA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010699
Chunk: 51

Company: Kun Peng International Ltd.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 51
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     4,755 
  
    Computer equipment 
     306,048  
     291,386 
  
    Office equipment 
     1,451  
     5,822 
  
    Subtotal 
     481,027  
     501,526 
  
    Property and equipment, gross 
     481,027  
     501,526 

    Less: accumulated depreciation 
     (287,319) 
     (209,328)
  
    Total property and equipment, net 
    $193,708  
    $292,198 

Depreciation expense was $44,184
and $21,223 for the three months ended and $88,430 and $33,809 for the six months ended March 31, 2025 and 2024, respectively.

     29 

NOTE 8 - INTANGIBLE ASSETS

SCHEDULE OF INTANGIBLE ASSET

    March 31,  
    September 30, 

    2025  
    2024 

    Trademarks 
    $3,695  
    $3,692 
  
    Subtotal 
     3,695  
     3,692 
  
    Less: accumulated amortization 
     (1,298) 
     (1,144)
  
    Total intangible assets, net 
    $2,397  
    $2,548 

Intangible assets consist of the
Company’s trademarks of King Eagle Mall with a useful life of ten years. Approximately $1,051, $1,351, $551, $35, $499, $83 and
$125 will expire in July 2031, April 2031, April 2032, September 2032, October 2032, March 2033 and August 2034, respectively.

Amortization expense was $102
and $90 for the three months ended and $195 and $180 for the six months ended March 31, 2025 and 2024, respectively.

NOTE 9 - DEFERRED REVENUE

SCHEDULE
OF DEFERRED REVENUE

    March 31,  
    September 30, 

    2025  
    2024 

    Advance payments from customers 
    $493,589  
    $584,116 
  
    Total deferred revenue 
    $