Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 129

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 129
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 and the unredeemed balance is recognized as revenue upon the package’s expiration.

Licensing
service of bioenergy cabin

-
Performance obligations satisfied over the time

The
Company carries out its licensing services by granting licensees non-exclusive rights to use its CK Health brand, proprietary marks,
and Bioenergy Spa Capsules, along with providing ongoing business support throughout the licensing period. The primary performance obligation
is providing the licensee the right to use the brand and equipment, combined with ongoing operational support. The licensee benefits
continuously from access to the brand, proprietary technology, and support services during the licensing period. Revenues are recognized
over time throughout the licensing period as the Company satisfies its performance obligations by making the licensed rights and support
services available to the licensee.

Wellness
Membership Program

-
Performance obligations satisfied over the time

The
Company carries out its Wellness Membership Program, where customers pay a fixed fee to access ongoing wellness benefits, including services,
discounts, and therapy session entitlements, over a defined membership term. The primary performance obligation is providing continuous
access to wellness services and related benefits throughout the membership period. Customers consume the benefits progressively over
time as they utilize the services and privileges under the membership. Revenues are recognized over time throughout the membership term
as the Company satisfies its performance obligation by making the wellness products and services available to members.

The
Company has elected to apply the practical expedient to expense costs as incurred for incremental costs to obtain a contract when the
amortization period would have been one year or less. As of December 31, 2024 and 2023, the Company did not have any contract assets.

EUDA
HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

(In
U. S. dollars, unless stated otherwise)

The
Company recognized advance payments from its customer prior to revenue recognition as contract liability until the revenue recognition
performance obligation are met. As of December 31, 2024 and 2023, the Company recorded $ 477,916 0

Disaggregated
information of revenues by products/services are as follows:

Schedule
of disaggregated information of revenues

                                                                     For the Years Ended                                                                                             
                                                                     December 31,                            December 31, 2023                     December 31, 2022                 
                                                                                                                                                                                     
                                                                     2024                                                                                                            
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