Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 271

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 271
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e.g., Bitcoin, Ethereum) at fair value rather than
applying the previous impairment-only model. This means entities must recognize quarterly fair value adjustments in their financial statements,
increasing volatility in reported earnings but improving transparency. The standard applies to fiscal years beginning after December
15, 2024, and impacts both corporate treasuries and investment firms holding cryptocurrencies. This change aligns GAAP closer to fair
value accounting seen in other investment holdings, addressing criticisms of the old impairment approach.

Save for elsewhere disclosed,
the Company does not believe other recently issued but not yet effective accounting standards, if currently adopted, would have a material
effect on the Company’s consolidated balance sheet, statement of operations and comprehensive income (loss) and statement of cash
flows.

<div align='center'>F-50</div>

NOTE 3 — ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consists of the following:

|                                          |     |   |     June 
 30, 2025 |   |     |   | December 
 31, 2024 |   |
|:-----------------------------------------|:----|:--|---------:|:--|:----|:--|---------:|:--|
| Accounts receivable                      |     | $ |   63,586 |   |     | $ |   49,264 |   |
| Less: allowance for expected credit loss |     |   |      (19 | ) |     |   |      (19 | ) |
|                                          |     | $ |   63,567 |   |     | $ |   49,245 |   |

As of the end of each of
the financial year, the aging analysis of accounts receivable, net of allowance for expected credit loss, based on the invoice date is
as follows:

|                |     |   |     June 
 30, 2025 |     |   | December 
 31, 2024 |
|:---------------|:----|:--|---------:|:----|:--|---------:|
| Within 90 days |     | $ |   63,567 |     | $ |   49,245 |
|                |     | $ |   63,567 |     | $ |   49,245 |

The movement of allowances for expected credit
loss is as follow:

|                                    |     | June     
 30, 2025 |     |   |     | December 
 31