Company: ABLV
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001213900-25-093928
Chunk: 24

Company: Able View Global Inc.
Filing Date: 2025-09-30
Form: 6-K
Chunk 24
---
340 |   |     | $ |    2,007,724 |   |
| Impairment of inventories                                  |     |   | 1,004,394 |   |     |   |      214,619 |   |
| Operating lease liabilities                                |     |   |       118 |   |     |   |          458 |   |
| Total deferred tax assets, gross                           |     |   | 1,228,852 |   |     |   |    2,222,801 |   |
| Deferred tax liabilities                                   |     |   |           |   |     |   |              |   |
| Operating lease right-of-use assets                        |     | $ |    (1,011 | ) |     | $ |       (1,334 | ) |
| Total deferred tax assets, net of deferred tax liabilities |     | $ | 1,227,841 |   |     | $ |    2,221,467 |   |

Total net operating losses (NOLs) carryforwards
of the Company’s subsidiaries in mainland China is $ as of June 30, 2025. As of June 30, 2025, net operating loss carryforwards
from PRC will expire in calendar years 2026 through 2030, if not utilized. The NOLs carryforwards of the Group’s subsidiary in Hong
Kong are $ as of June 30, 2025, which can be carried forward without an expiration date. The NOLs carryforwards of the Group’s
subsidiary in Singapore are $ as of June 30, 2025, which can be carried forward without an expiration date.

20 ABLE VIEW GLOBAL INC.
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 9. INCOME TAXES(cont.) The Company evaluates its valuation allowance requirements at end of each reporting period by reviewing all available evidence, both positive and negative, and considering whether, based on the weight of that evidence, a valuation allowance is needed. When circumstances cause a change in management’s judgement about the realizability of deferred tax assets, the impact of the change on the valuation allowance is generally reflected in the condensed statements of operations and comprehensive income (loss). The future realization of the tax benefit of an existing deductible temporary difference ultimately depends on the existence of sufficient taxable income of the appropriate character within the carryforward period available under applicable tax law. The