Company: NIVFW
Filing Date: 2025-06-03
Form Type: 424B3
Source: 0001213900-25-050825
Chunk: 206

Company: NewGenIvf Group Ltd
Filing Date: 2025-06-03
Form: 424B3
Chunk 206
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 lease ROU asset also excludes lease incentives. Lease expense is recognized on a straight-line basis
over the lease term.

<div align='center'>F-16</div>

The Company recognizes deferred
income tax assets or liabilities for expected future tax consequences of events recognized in the consolidated financial statements or
tax returns. Under this method, deferred income tax assets and liabilities are determined based on the differences between the financial
reporting and income tax bases of assets and liabilities and are measured using the income tax rates that will be in effect when the differences
are expected to reverse. Valuation allowances are provided when it is more likely than not that a deferred tax asset is not realizable
or recoverable in the future.

The Company determines that
the tax position is more likely than not to be sustained and records the largest amount of benefit that is more likely than not to be
realized when the tax position is settled. the Company recognizes interest and penalties, if any, related to uncertain tax positions in
income tax expense.

The Company presents comprehensive
income in accordance with ASC Topic 220, Comprehensive Income. ASC Topic 220 states that all items that are required
to be recognized under accounting standards as components of comprehensive income be reported in the consolidated financial statements.
The components of comprehensive income were the net income for the years and the foreign currency translation adjustments.

The Company computes earnings
per share (“EPS”) following ASC Topic 260, “Earnings per share”. Basic EPS is measured as the income or loss
available to common shareholders divided by the weighted average common shares outstanding for the period. Diluted EPS presents the dilutive
effect on a per-share basis from the potential conversion of convertible securities or the exercise of options and or warrants; the
dilutive impacts of potentially convertible securities are calculated using the as-if method; the potentially dilutive effect of
options or warranties are computed using the treasury stock method. Potentially anti-dilutive securities (i.e., those that increase
income per share or decrease loss per share) are excluded from diluted EPS calculation. There were no potentially dilutive securities
that were in-the-money that were outstanding during the years ended December 31, 2024, 2023 and 2022.

The Company adopted ASC 850,
Related Party Disclosures, for the identification of related parties and disclosure of related party transactions.

In the normal course of business,
the Company is subject to contingencies, including legal proceedings and claims arising out of the business that relate to a wide range
of