Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 332

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 332
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1,094,225 |   |
| Less: allowance for expected credit losses |     |       |    (1,126,653 | ) |     |   |     (312,482 | ) |
| Accounts receivable, net                   |     | $     |     2,587,111 |   |     | $ |    4,064,861 |   |

The accounts receivable due from related parties
represented the management service rendered to the portfolio assets of a related companies, which are controlled by the holding company,
for a compensation of asset management service fee income at the predetermined rate based on the respective portfolio of asset values
invested by the final customers. The amount is unsecured, interest-free and with a credit term mutually agreed.

|                                     |     | As of | September 30, 
          2024 |     |   | December 31, 
         2023 |
|:------------------------------------|:----|:------|--------------:|:----|:--|-------------:|
| Balance at beginning of period/year |     | $     |       312,482 |     | $ |       94,447 |
| Additions                           |     |       |       808,274 |     |   |      217,475 |
| Foreign translation adjustment      |     |       |         5,897 |     |   |          560 |
| Balance at end of period/year       |     | $     |     1,126,653 |     | $ |      312,482 |

The Company generally conducts its business with
creditworthy third parties. The Company determines, on a quarterly basis, the probable losses and an allowance for expected credit losses
determined in accordance with the CECL model, based on historical losses, current economic conditions, forecasted future economic and
market considerations, and in some cases, evaluating specific customer accounts for risk of loss. Accounts receivable are written off
after exhaustive collection efforts occur and the receivable is deemed uncollectible. In addition, receivable balances are monitored on
an ongoing basis and its exposure to bad debts is not significant.

For the three and nine months ended September 30, 2024, the Company
has evaluated the probable losses on the accounts receivable and made a provision for allowance for expected credit losses of $
and $, respectively.

For the three and nine months ended September
30, 2023, the Company has evaluated the probable losses on the accounts rece