Company: NIVFW
Filing Date: 2025-03-07
Form Type: F-1
Source: 0001213900-25-021404
Chunk: 236

Company: NewGenIvf Group Ltd
Filing Date: 2025-03-07
Form: F-1
Chunk 236
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 present value of the lease payments.

As of September 30, 2024 and December 31, 2023,
the right-of-use assets totaled $ and $, respectively.

As of September 30, 2024 and December 31,2023,
lease liabilities consist of the following:

|                                     |     | 2024 | September 30, |     | 2023 | December 31, |
|:------------------------------------|:----|:-----|--------------:|:----|:-----|-------------:|
| Lease liabilities – current portion |     | $    |       213,546 |     | $    |      207,128 |
| Lease liabilities – non-current     
 portion                             |     |      |       122,981 |     |      |      118,979 |
| Total                               |     | $    |       336,527 |     | $    |      326,107 |

Other lease information is as follows:

|                                                          |     | September 30, |            |   |     | December 31, |            |   |
|                                                          |     |          2024 |            |   |     |         2023 |            |   |
| Weighted-average remaining lease term – operating leases |     |               | 0.67 years |   |     |              | 0.92 years |   |
| Weighted-average discount rate – operating leases        |     |               |          5 | % |     |              |          5 | % |
| Short term lease cost                                    |     |             $ |    100,009 |   |     |            $ |    114,937 |   |

The following is a schedule
of future minimum payments under operating leases as of September 30, 2024:

|                                        |     | September 30, 
 2024          |         |   |
|:---------------------------------------|:----|:--------------|--------:|:--|
| Not later than 1 year                  |     | $             | 214,375 |   |
| Between 1 to 2 years                   |     |               |  84,910 |   |
| Between 2 to 3 years                   |     |               |  37,600 |   |
| Total lease payments                   |     |               | 336,885 |   |
| Less: imputed interest                 |     |               |    (358 | ) |
| Total operating