Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 191

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 191
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3 and 2024, amortization expenses amounted to US$ 20,915, US$ 17,270 and US$ 13,824, respectively. Future estimated amortization expenses of intangible assets are as follows:

SCHEDULE OF ESTIMATED AMORTIZATION EXPENSE

| For the fiscal years ending December 31, |     | Amount |         |
| 2025                                     |     |        |  12,069 |
| 2026                                     |     |        |  12,069 |
| 2027                                     |     |        |  12,062 |
| 2028                                     |     |        |  12,054 |
| 2029                                     |     |        |  12,054 |
| Thereafter                               |     |        | 463,538 |
| Total                                    |     | $      | 523,846 |

| F-22 |

MKDWELL TECH INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, except share and per share data)

9. REAL ESTATE PROPERTIES FOR LEASE, NET

Real estate properties for lease, net consisted of the followings:

SCHEDULE OF REAL ESTATE PROPERTY FOR LEASE

|                                                 |     | As of December 31, 
 2023               |      2023 |   |     | 2024 |    2024 |   |
|:------------------------------------------------|:----|:-------------------|----------:|:--|:----|:-----|--------:|:--|
| Plant                                           |     | $                  | 2,294,868 |   |     | $    |  65,826 |   |
| Land use right                                  |     |                    |   293,199 |   |     |      |   8,410 |   |
| Less: accumulated depreciation and amortization |     |                    |  (349,490 | ) |     |      | (13,328 | ) |
| Total real estate property for lease, net       |     | $                  | 2,238,577 |   |     | $    |  60,908 |   |

Depreciation expense of the plant were US$ 116,985, US$ 107,721and US$ 3,180for the years ended December 31, 2022, 2023 and 2024, respectively. Amortization expense of land use right