Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 214

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 214
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 IPO cost, net

Deposits, other receivables
and deferred Initial Public Offering (“IPO”) cost, net primarily include deposits paid to suppliers, prepaid expenses, the
prepaid professional fee which meets the definition of deferred IPO cost, and a cash deposit of US$ with OSL Group, a digital
asset trading platform listed in Hong Kong Stock Exchange, for the Company’s future digital asset diversification strategy.

Deferred IPO costs consist
of underwriting, legal, accounting and other expenses incurred through the balance sheet date that are directly related to the Initial
Public Offering and that were charged to additional paid-in capital upon the completion of the Initial Public Offering.

Legal and professional fees
incurred in connection with issuing convertible debt are deferred and amortized over the life of the debt. These costs are presented
as a direct deduction from the carrying amount of the debt liability on the balance sheet (per ASC 835-30).

Share based compensation

The Company accounts for
stock-based compensation in accordance with ASC Topic 718-10, Compensation-Stock Compensation, which requires the measurement
and recognition of compensation expense for all share-based payment arrangements related to the acquisition of goods and services from
both nonemployees and employees based on fair values of the shares to be issued estimated at grant date. The stock-based compensation
expense recognized during the period is based on the value of the portion of share-based payment awards that is ultimately expected to
vest during the period.

<div align='center'>F-13</div>

Fair value is determined
based on the estimated market prices of the Company’s Common Stock at the respective issuance date in accordance with ASC 718,
taking into consideration the volatility of the market price of the shares, the terms of the instruments and the conditions upon which
they were granted.

Property and equipment, net

Plant and equipment are
stated at cost less accumulated depreciation. Depreciation is provided over their estimated useful lives, using the straight-line method.
The Company typically applies a salvage value of %.

| Furniture and fixtures |     | 3 – 5 years                                |
| Leasehold improvements |     | the lesser of useful life or term of lease |
| Medical instruments    |     | 3 – 10 years                               |
| Motor vehicle          |     | 3 – 5 years                                |
| Office equipment       |     | 3 – 5 years                                |

The cost and related accumulated
depreciation of assets sold or otherwise retired are eliminated from the accounts, and any gain