XML 102 R15.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Content Assets
3 Months Ended
Mar. 31, 2024
Content Assets [Abstract]  
CONTENT ASSETS

8. CONTENT ASSETS

 

Content assets were comprised of the following:

 

   For the Three Months Ended
March 31,
 
   2024   2023 
Software  $581,000   $
         -
 
Produced contents        
 
 
- in development and production   15,200    
-
 
- released   308,900    
-
 
Copyrights   1,349,200    
-
 
    2,254,300    
-
 
Less: accumulated amortization   (550,600)   
-
 
Total  $1,703,700   $
-
 

 

For the three months ended March 31, 2024 and 2023, the Company recorded amortization expenses of $550,600 and $nil, respectively. The following is a schedule, by fiscal years, of amortization amount of content asset as of March 31, 2024:

 

For the nine months ending December 31, 2024  $1,602,900 
For the year ending December 31, 2025   93,500 
For the year ending December 31, 2026   7,300 
Total  $1,703,700