Company: NIVFW
Filing Date: 2025-03-07
Form Type: F-1
Source: 0001213900-25-021404
Chunk: 198

Company: NewGenIvf Group Ltd
Filing Date: 2025-03-07
Form: F-1
Chunk 198
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 net consists of the following:

|                                          |     | December 31, |  2023 |   |     |   |   2022 |   |
|:-----------------------------------------|:----|:-------------|------:|:--|:----|:--|-------:|:--|
| Accounts receivable                      |     | $            | 9,393 |   |     | $ | 13,026 |   |
| Less: allowance for expected credit loss |     |              |   (19 | ) |     |   |    (26 | ) |
|                                          |     | $            | 9,374 |   |     | $ | 13,000 |   |

As of the end of each of the financial year, the aging analysis of accounts receivable, net of allowance for expected credit loss, based on the invoice date is as follows:

|                |     | December 31, |  2023 |     |   |   2022 |
|:---------------|:----|:-------------|------:|:----|:--|-------:|
| Within 90 days |     | $            | 9,374 |     | $ | 13,000 |
|                |     | $            | 9,374 |     | $ | 13,000 |

The movement of allowances for expected credit loss is as follow:

|                                    |     | December 31, | 2023 |   |     |   | 2022 |   |
|:-----------------------------------|:----|:-------------|-----:|:--|:----|:--|-----:|:--|
| Balance at beginning of the year   |     | $            |  (26 | ) |     | $ | (286 | ) |
| Reversal of expected credit losses |     |              |    7 |   |     |   |  260 |   |
| Ending balance                     |     | $            |  (19 | ) |     | $ |  (26 | ) |

NOTE 4 — INVENTORIES

Inventories consist of the following:

|                                                                 |     | December 31, |    2023 |     |   |   2022 |
|:----------------------------------------------------------------|:----|:-------------|--------:|:----|:--|-------:|
| Medicines, consumables and reagents for clinical and laboratory 
 analyses                                                        |     | $            |