Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 629

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 629
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 | ​  | $ |   844,397 | ​ | ​ | ​ | ​     | $ | 1,532,024 | ​ | ​ |

NOTE 8 — PROPERTY, PLANT, AND EQUIPMENT On June 30, 2025 and December 31, 2024 the Company held property, plant, and equipment in the amounts of $151,349 and $154,260, respectively. The following are property, plant, and equipment balances on June 30, 2025 and December 31, 2024 by type:

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TABLE OF CONTENTS

BTAB ECOMMERCE GROUP, INC. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS NOTE 8 — PROPERTY, PLANT, AND EQUIPMENT (continued)

| Description                                    | ​ | ​ | As of June 30,2025 |   |            |   | ​ | ​ | As of December 31,2024 |   |            |   | ​ |
| Furniture and fittings                         | ​ | ​ | ​                  | ​ |    410,277 | ​ | ​ | ​ | ​                      | ​ |    385,383 | ​ | ​ |
| Plant and equipment                            | ​ | ​ | ​                  | ​ |    805,992 | ​ | ​ | ​ | ​                      | ​ |    747,839 | ​ | ​ |
| Motor vehicle                                  | ​ | ​ | ​                  | ​ |    555,409 | ​ | ​ | ​ | ​                      | ​ |    542,778 | ​ | ​ |
| Total property, plant, and equipment           | ​ | ​ | ​                  | ​ |  1,771,679 | ​ | ​ | ​ | ​                      | ​ |  1,676,000 | ​ | ​ |
| Less: Accumulated deprecation and amortization | ​ | ​ | ​                  | ​ | -1,620,330 | ​ | ​ | ​ | ​                      | ​ | -1,521,740 | ​ | ​ |
| Property, plant, and equipment, net            | ​ | ​ | ​                  | ​ |    151,349 | ​ | ​ | ​ | ​                      | ​ |    154,260 | ​ | ​ |

For the three months ended June 30, 2025 and 2024, depreciation expense was $11,508 and $11,965,