Company: MKDWW
Filing Date: 2025-01-23
Form Type: F-1
Source: 0001493152-25-003296
Chunk: 207

Company: MKDWELL Tech Inc.
Filing Date: 2025-01-23
Form: F-1
Chunk 207
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     |      |  183,149 |   |
| Inventory write down |     |                    | (310,159 | ) |     |      | (153,938 | ) |
| Total                |     | $                  |  231,748 |   |     | $    |  362,963 |   |

The write-down made for inventories were US$ 310,159and US$ 153,938for the years ended December 31, 2022 and 2023, respectively.

6. PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET

Prepayments and other current assets, net consisted of the following:

SCHEDULE OF PREPAYMENT AND OTHER CURRENT ASSETS

|                          |     | As of December 31, 
 2022               |    2022 |     | 2023 |    2023 |
|:-------------------------|:----|:-------------------|--------:|:----|:-----|--------:|
| Loan to a third party(1) |     | $                  |       - |     | $    | 581,229 |
| Deductible input VAT     |     |                    | 103,753 |     |      | 225,735 |
| Deposit                  |     |                    |       - |     |      |  34,291 |
| Advance to suppliers     |     |                    |  18,376 |     |      |  20,682 |
| Prepaid expense          |     |                    |  14,645 |     |      |  13,073 |
| Advance to employee      |     |                    |  20,844 |     |      |     109 |
| Total                    |     | $                  | 157,618 |     | $    | 875,119 |

| (1) | On                                                                                                                                      
 November 1, 2023, MKD BVI lent US$575,000 to Cetus Sponsor LLC with an annual interest of 6.5%. The loan is used to pay the application 
 fee for the extension of business combination between the Company and Cetus Capital Acquisition Corp. (“Cetus Capital”)                 
 and shall be repaid on the earlier of i) the date on which the Cetus Capital consummates an initial business combination with a target  
 business, and ii) May 2, 2024. The Company is currently negotiating with Cetus Sponsor LLC to postpone the repayment date of