Company: OSRH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076461
Chunk: 29

Company: OSR Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 29
---
 Taction Co., LTD 
    $97,936  
    $32,785  
    $-  
              74,740
                                              
    $-74,740 

There is no equity method valuation
applied on investments in associate for the six months ended June 30, 2025 or 2024.

Taction Co., Ltd. was incorporated
to engage in software development and IT consulting. As no practical plan to generate revenue and maintain going-concern basis in the
foreseeable future was provided, the Parent recognized impairment loss amounting to acquisition cost.

(13)
Equipment and vehicles, net

Equipment and vehicles as of June 30, 2025 and December 31,
2024 consisted of the following:

    June 30,
    2025  
    December 31,
    2024 
  
    Office equipment 
    $31,989  
    $26,912 
  
    Tools and instruments 
     24,587  
     22,687 
  
    Machinery and equipment 
     24,115  
     22,251 
  
    Facilities 
     213,892  
     210,613 
  
    Vehicles 
     10,160  
     9,375 

     304,743  
     291,838 
  
    Less accumulated depreciation 
     (301,076) 
     (289,504)
  
    Equipment and vehicles, net 
    $3,667  
    $2,334 

19

(14)
Goodwill

Changes of goodwill for the for the
six months ended June 30, 2025 and 2024 are as follows:

    For the six months ended June 30, 2025 

    Beginning  
    Business  combination  
    Impairment  loss  
    Effects of  changes in  exchange rate  
    Ending 
  
    Goodwill 
    $24,354,066  
    $          -  
    $         -  
    $2,039,680  
    $26,393,746 

    For the six months ended June 30,
    2024 

    Beginning  
    Business 
    combination  
    Impairment 
    loss  
    Effects of 
    changes in 
    exchange rate  
    Ending 
  
    Goodwill