Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 221

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 221
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--|:----|:--|-----:|:--|
| Balance at beginning of the year  |     | $            |  (14 | ) |     | $ | (141 | ) |
| Reversal of provision (Provision) |     |              |   10 |   |     |   |  127 |   |
| Ending balance                    |     | $            |   (4 | ) |     | $ |  (14 | ) |

NOTE 7 — PROPERTY AND EQUIPMENT, NET

Plant and equipment, net consist of the following:

| At cost:                       |     | December 31, 
 2024         |            |   |     | 2023 |            |   |
|:-------------------------------|:----|:-------------|-----------:|:--|:----|:-----|-----------:|:--|
| Building improvement           |     | $            |    196,929 |   |     | $    |     92,438 |   |
| Furniture and fixtures         |     |              |     25,390 |   |     |      |    250,493 |   |
| Medical instruments            |     |              |    785,776 |   |     |      |    844,809 |   |
| Motor vehicle                  |     |              |    142,936 |   |     |      |    142,936 |   |
| Office equipment               |     |              |    361,385 |   |     |      |    150,688 |   |
|                                |     |              |  1,512,416 |   |     |      |  1,481,364 |   |
| Less: accumulated depreciation |     |              | (1,239,320 | ) |     |      | (1,319,207 | ) |
| Total                          |     | $            |    273,096 |   |     | $    |    162,157 |   |

Depreciation expenses for
the years ended December 31, 2024 and 2023 were $19,502 and $31,173, respectively.

No impairment loss was recorded for the years
ended December 31, 2024, and 2023.

NOTE 8 — ACCRUED LIABILTIES AND OTHER PAYABLES

Accrued liabilities and other payables consist
of the following:

|