What changed in this filing

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Item 8. Financial Statements and Supplementary Data

2025-03-27 compared with 2024-04-15 · 6 added, 902 removed, 0 unchanged (100% of the section changed)

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

audited financial statements for the years ended December 31, 2023, and 2022 are set forth on pages F-1 to F-13 immediately following

the signature page to this annual report.

See Item 15 for a list of the financial statements included herein.

CONTROLS AND PROCEDURES

Controls and Procedures

maintain disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange Act) that are designed to ensure that information

required to be disclosed in our reports filed under the Exchange Act is recorded, processed, summarized and reported within the time

periods specified in SEC rules and forms and that such information is accumulated and communicated to our management, as appropriate,

to allow timely decisions regarding required disclosure.

management has evaluated the effectiveness of our disclosure controls and procedures as of the end of the period covered by this annual

Based upon that evaluation, management has concluded that, as of the end of the period covered by this annual report, our disclosure

controls and procedures were not effective.

Report on Internal Control Over Financial Reporting

management is responsible for establishing and maintaining adequate internal control over financial reporting.

Our internal control system

is a process designed to provide reasonable assurance to management and to the Board regarding the preparation and fair presentation

of published financial statements.

internal control over financial reporting includes policies and procedures that pertain to the maintenance of records that, in reasonable

detail, accurately and fairly reflect transactions and dispositions of assets;

provide reasonable assurances that transactions are recorded

as necessary to permit preparation of financial statements in accordance with U.S.

generally accepted accounting principles and that

receipts and expenditures are being made only in accordance with authorizations of management and our directors;

and provide reasonable

assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material

effect on our financial statements.

management assessed the effectiveness of our internal control over financial reporting as of December 31, 2023.

In making this assessment,

our management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”)

in Internal Control - Integrated Framework - Guidance for Smaller Public Companies (the COSO criteria).

assessment, management identified material weaknesses related to:

(i) our internal audit functions;

(ii) a lack of segregation of duties

within accounting functions;

and the lack of multiple levels of review of our accounting data.

Based on this evaluation, our management

concluded that as of December 31, 2023, we did not maintain effective internal control over financial reporting.

of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.

Projections of any evaluation

of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that

the degree of compliance with any policies and procedures may deteriorate.

Due to our size and nature, segregation of all conflicting

duties may not always be possible and may not be economically feasible.

To the extent possible, we will implement procedures to assure

that the initiation of transactions, the custody of assets and the recording of transactions will be performed by separate individuals.

With proper funding we plan on remediating the significant deficiencies identified above, and we will continue to monitor the effectiveness

of these steps and make any changes that our management deems appropriate.

material weakness is a control deficiency (within the meaning of Public Company Accounting Oversight Board Auditing Standard No.

combination of control deficiencies, that results in a reasonable possibility that a material misstatement of the annual or interim financial

statements will not be prevented or detected on a timely basis.

in Internal Control over Financial Reporting

were no changes in our internal control over financial reporting that occurred during our most recently completed fiscal quarter that

has materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

OTHER INFORMATION

DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE.

and Executive Officers

following table sets forth information regarding each of our current directors and executive officers:

with the Company:

Chief Executive

Officer (Principal Executive Officer)

Chief Operating Officer

Chief Financial Officer and

Secretary (Principal Financial and Accounting Officer)

Director, Chairman of the

Board, and Chair of Nominating Committee Chair

Director and Chair of Audit

Committee Chair

Mahesh Thapaliya

Director and Chair of Compensation

Committee Chair

of Directors and Executive Officers

Weihong Liu, Chief Executive Officer

Weihong Liu has more than 10 years of investment and research experience in the fields of crypto assets and blockchain technology.

Liu has conducted in-depth analysis and strategic layout of potential investment opportunities in crypto assets.

In addition, Mr.

has innovative business plans in high-tech and rapidly growing artificial intelligence generated content businesses, and he has a deep

understanding of compliance requirements, market insights, and product functionality.

Liu has been equipped with abundant knowledge

reserves and strong executive capability in the corporate culture construction field as well as relevant experience in building diverse

corporate culture dissemination system.

Mr.Liu holds a bachelor’s degree in Business Management from University of The West of

Nan Ding, Chief Operating Officer

Ding has over 24 years of operational management experience in industries such as cross-border investment, supply chain finance,

equipment manufacturing, and international trade.

From 2012 to 2023, Mr.

Ding successively founded Japan Zhaoyuan Trading Co., Ltd.

and Japan Toyo Trading Co., Ltd., specializing in cross-border investment and international trade of bulk commodities.

Ding established Haimeng Tongshang Co., Ltd.

and Haimeng New Energy Technology Co., Ltd., mainly engaged in the production

and manufacturing of environmental protection industry and new energy equipment.

Prior to this, Mr.

Ding had 8 years of experience

in municipal project engineering services.

Ding holds a bachelor’s degree in International Economic Management from

University of Science and Technology Beijing.

Ken Tsang, Chief Financial Officer

Tsang is a fellow member of Association of Chartered Certified Accountants (“ACCA”) and member of Hong Kong Institute of

Certified Public Accountants (“HKICPA”) with more than 15 years experiences in accounting, audit and assurance services with

several listed and private companies operating in USA, Hong Kong and Mainland China.

He has wide variety of industries experiences, including

property developer, hotel and property management, investment companies, licensed corporations, entertainment solution companies, finance

lease, factoring, general trading and manufacturing.

has extensive experiences in the capital market work and was engaged

in several transactions and initial public offering in Hong Kong and USA.

Tsang graduated with a bachelor’s degree at University

of Hull, United Kingdom.

Dong, Director, Chairman of the Board

Lichen Dong has 15 years of work experience in the fields of investment, mergers and acquisitions, and finance, including corporate governance,

fundraising, financial analysis, mergers and acquisitions, and complex international architecture construction.

From 2022 to 2023, Mr.

Dong served as a senior consultant for Future Dao Group, covering research and development of blockchain technology, clean energy application

strategies, corporate governance, and capital restructuring and listing.

Dong plays an indispensable role in formulating the company's

strategic decisions, leveraging his unique business model and business acumen.

Dong worked at a confidential information research

center from 2019 to 2021, dedicated to promoting the application of business models that combine digital assets with physical industries.

Dong also worked at Hanergy Holding Group and Jinko Power Group, specializing in the development and management of renewable energy

and power generation assets.

Dong has established various innovative investment models in the new energy industry, making outstanding

contributions to market expansion and risk control cost control in the company's business management.

Dong holds a bachelor's degree

from the School of Automation and Electrical Engineering at Beijing University of Aeronautics and Astronautics, and a master's degree

from the School of Electrical and Electronics Engineering at the University of Nottingham.

Kian Wee, Director

Lim Kian Wee has over 15 years of experience in the research of block-chain and algae biomass field and he will serve as an independent

director of the Company in Dec 2023.

From June 2015 to present, he served as senior partner in Ethereum Dapp, a company that engaged

in computer Science management and block-chain technical consultation of virtual currency central exchange.

From April 2005 to October

Lim has served as block-chain and computer scientific officer and cell biology lecturer in the several universities in USA

and Singapore .

From March 2008 to October 2013, Mr.

Lim has served as founder of Algae Bioresource Centre SdnBhd, a company that engaged

in providing R&D service and consultation related to algae biofuel and algae farm.

Lim holds a bachelor’s degree in biotechnology

from State University of New York in 2001 and Master degree in biotechnology from University of Pennsylvania in 2002.

He was also PHD

Candidate from National Taiwan University in February 2013 and withdrew his candidateship in September 2014.

Lim has more than 10

professional publications and conference papers in the field of environmental sciences, Microalgae, biodiesel, new energy and block-chains.

Thapaliya, Director

Mahesh Thapaliya has over 12 years of international business work experience.

Since 2020, he has served as the Business Director of One

World Corporations.

The work involves conducting business cooperation around key international projects, including infrastructure, energy,

industrial investment, art and culture, trade, investment, and other industries.

From 2013 to 2020, Mr Mahesh works for Banner Electric

and SINOPAK Electric Co.

He has extensive leadership experience in corporate technology brand marketing, internal control

management, and corporate communication by providing services to multiple multinational corporations.

Mahesh holds Master and Bachelor

degree from Beihang University.

Sun, Director

Jianbo Sun is an entrepreneur, venture capitalist, and philanthropist with 16 years of experience in establishing, investing in, and

operating the intelligent manufacturing industry.

Since February 2012, Mr.

Sun has served as the President of Orejia Group Co Limited,

responsible for strategic planning, industrial investment, and financial financing.

Has successful experience in business trend judgment,

enterprise management, and capital operation.

Prior to this, Mr.

Sun had 3 years of industry research experience at CITIC Securities,

with a focus on investment portfolios in energy management, real estate, construction, and agriculture.

Sun attaches great importance

to corporate social responsibility in business operations, actively participates in charitable and public welfare activities, has supported

thousands of impoverished children, and has donated multiple times in large-scale natural disaster events.

Sun holds a Bachelor's

degree in Business Administration from the University of International Business and Economics.

Relationships

of the directors or executive officers at the Company have a family relationship as defined in Item 401 of Regulation S-K.

of our directors is appointed to hold office until the next annual meeting of our shareholders, until her or her respective successor

is elected and qualified, or until he or she resigns or is removed in accordance with the applicable provisions of Wyoming law.

are appointed by our board of directors and hold office until removed by our board of directors or until their resignation.

currently have a board of directors consisting of six members, a majority of whom are “independent” as defined in Nasdaq

We expect that all current directors will continue to serve after this offering.

The directors will be re-elected at our annual

general meeting of shareholders.

director who is in any way, whether directly or indirectly, interested in a contract or proposed contract with the Company shall declare

the nature of his interest at a meeting of the directors.

A general notice given to the directors by any director to the effect that

he is a member of any specified company or firm and is to be regarded as interested in any contract which may thereafter be made with

that company or firm shall be deemed a sufficient declaration of interest in regard to any contract so made.

A director may vote in respect

of any contract or proposed contract or arrangement notwithstanding that he may be interested therein and if he does so his vote shall

be counted and he may be counted in the quorum at any meeting of the directors at which any such contract or proposed contract or arrangement

shall come before the meeting for consideration.

have established three committees under the board of directors:

Audit Committee, Compensation Committee and Nominating Committee.

committee is governed by a charter approved by our board of directors.

Copies of the charters have been submitted as exhibits to the

registration statement of which this prospectus is a part and will be available at our investor relations website.

Audit Committee consists of Lim Kian Wee (Chair), Dong Li Chen, and Mahesh Thapaliya.

Each member of the Audit Committee will satisfy

the “independence” requirements of Rule 5605(a)(2) of the Listing Rules of the Nasdaq Stock Market and meet the independence

standards under Rule 10A-3 under the Exchange Act.

The Audit Committee oversees our accounting and financial reporting processes and

the audits of the financial statements of our company.

The Audit Committee is responsible for, among other things:

selecting our independent

registered public accounting firm and pre-approving all auditing and non-auditing services permitted to be performed by our independent

registered public accounting firm;

with our independent registered public accounting firm any audit problems or difficulties and management’s response and approving

all proposed related party transactions, as defined in Item 404 of Regulation S-K;

discussing the annual audited

financial statements with management and our independent registered public accounting firm;

annually reviewing and

reassessing the adequacy of our Audit Committee charter;

meeting separately and

periodically with the management and our independent registered public accounting firm;

regularly reporting to

the full board of directors;

reviewing the adequacy

and effectiveness of our accounting and internal control policies and procedures and any steps taken to monitor and control major

financial risk exposure;

such other matters that

are specifically delegated to our Audit Committee by our board of directors from time to time.

Compensation Committee consists of Sun Jian Bo, (Chair), Dong Li Chen, and Lim Kian Wee.

Each of the Compensation Committee members satisfies

the “independence” requirements of Rule 5605(a)(2) of the Listing Rules of the Nasdaq Stock Market.

Our Compensation Committee

will assist the board in reviewing and approving the compensation structure, including all forms of compensation, relating to our directors

and executive officers.

No officer may be present at any committee meeting during which such officer’s compensation is deliberated

The Compensation Committee will be responsible for, among other things:

reviewing and approving

to the board with respect to the total compensation package for our most senior executive officers;

approving and overseeing

the total compensation package for our executives other than the most senior executive officers;

reviewing and recommending

to the board with respect to the compensation of our directors;

periodically reviewing

and approving any long-term incentive compensation or equity plans;

selecting compensation

consultants, legal counsel or other advisors after taking into consideration all factors relevant to that person’s independence

from management;

programs or similar arrangements,

annual bonuses, employee pension and welfare benefit plans.

Nominating Committee consists of Dong Li Chen (Chair), Lim Kian Wee and Mahesh Thapaliya.

Each member of the Nominating Committee will

satisfy the “independence” requirements of Rule 5605(a)(2) of the Listing Rules of the Nasdaq Stock Market.

The nominating

committee will assist the board of directors in selecting individuals qualified to become our directors and in determining the composition

of the board and its committees.

The Nominating Committee will be responsible for, among other things:

selecting and recommending

to the board nominees for election by the shareholders or appointment by the board;

annually reviewing with

the board the current composition of the board with regards to characteristics such as independence, knowledge, skills, experience

and diversity;

making recommendations

on the frequency and structure of board meetings and monitoring the functioning of the committees of the board;

the board periodically with regards to significant developments in the law and practice of corporate governance as well as our compliance

with applicable laws and regulations, and making recommendations to the board on all matters of corporate governance and on any remedial

action to be taken.

in Certain Legal Proceedings

the best of our knowledge, none of our directors and officers has been convicted in a criminal proceeding, excluding traffic violations

or similar misdemeanors, nor has been a party to any judicial or administrative proceeding during the past ten (10) years that resulted

in a judgment, decree or final order enjoining the person from future violations of, or prohibiting activities subject to, federal or

state securities laws, or a finding of any violation of federal or state securities laws, except for matters that were dismissed without

sanction or settlement.

Except as set forth in our discussion below in “Related Party Transactions,” our directors and officers

have not been involved in any transactions with us or any of our affiliates or associates which are required to be disclosed pursuant

to the rules and regulations of the SEC.

of Business Conduct and Ethics

have adopted a code of business conduct and ethics applicable to our directors, officers and employees.

Board of Directors does not have a formal policy with respect to Board nominee diversity.

In recommending proposed nominees to the Board

of Directors, the Nominating Committee is charged with building and maintaining a board that has an ideal mix of talent and experience

to achieve our business objectives in the current environment.

In particular, the Nominating Committee is focused on relevant subject

matter expertise, depth of knowledge in key areas that are important to us, and diversity of thought, background, perspective and experience

so as to facilitate robust debate and broad thinking on strategies and tactics pursued by us.

following table provides certain information regarding the diversity of our Board of Directors as of the date of this annual report.

Board Diversity

Matrix (As of the date of this annual report)

Country of Principal Executive

Foreign Private Issuer

Disclosure Prohibited Under

Home Country Law

Total Number of Directors

Not Disclose Gender

Gender Identity

Demographic Background

Underrepresented Individual

in Home Country Jurisdiction

EXECUTIVE COMPENSATION

following table sets forth certain information with respect to compensation for the years ended December 31, 2023 and 2022, earned by

or paid to our chief executive officer and principal executive officer, our principal financial officer, and our other most highly compensated

executive officers whose total compensation exceeded US$2,000 (the “named executive officers”).

and Principal Position

Other Compensation ($)

of December 28, 2023)

and Secretary(as of December 13, 2023)

and Secretary

amounts were accrued based on his appointment date in 2023.

Ken Tsang was appointed as the CFO of the Company on December 13,

employment agreements with our officers generally provide employment for a specific term and set annual salaries, health insurance, pension

insurance, paid vacation, and family leave time.

The agreement may be terminated by either party as permitted by law.

have entered into an employment agreement with each of Dong Li Chen, our Chairman, Lim Kian Wee, Director, Mahesh Thapaliya, Director

and Jianbo Sun, Director.

the terms of the agreements, Messrs.

Tsang is entitled to receive a monthly salary of $2,000, effective from December 13, 2023, plus

one month’s additional salary by the end of each year.

All of these are payable in the equivalent amount of either in Hong Kong

Dollars or Chinese Renminbi.

Any variances are mainly due to fluctuation of currency exchange.

December 11, 2023, we entered into a service contract with each of our directors.

Dong Li Chen, Mr.

Lim Kian Wee, Mr.

Mahesh Thapaliya

The contract has a term of two years commencing January 1, 2024 and we agree to pay $2,000 per month commencing

January 1, 2024 plus one month’s additional payment by the end of each year.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

following table sets forth information with respect to beneficial ownership of our common stock as of the date of hereof by:

Each person who is known

by us to beneficially own more than 5% our outstanding common stock;

Each of our director, director

nominees and named executive officers;

All directors and named

executive officers as a group.

ownership is determined in accordance with the rules of the SEC and generally requires that such person have voting or investment power

with respect to securities.

In computing the number of shares of common stock beneficially owned by a person listed below and the percentage

ownership of such person, common stock underlying options, warrants or convertible securities held by each such person that are exercisable

or convertible within 60 days of the date of this prospectus are deemed outstanding but are not deemed outstanding for computing the

percentage ownership of any other person.

Except as otherwise indicated in the footnotes to this table, or as required by applicable

community property laws, all persons listed have sole voting and investment power for all common stock shown as beneficially owned by

Unless otherwise indicated in the footnotes, the address for each principal shareholder is in the care of our Company at No.

519, 05/f Block T3, Qianhai Premier Finance Centre Unit 2, Guiwan Area, Nanshan District, Shenzhen, People’s Republic of China.

As of the date hereof, we have approximately 2,700 shareholders of record.

Officers and Directors

of Beneficial Ownership of Common Stock (1)

Ownership of Common Stock (2)

and Named Executive Officers:

Mahesh Thapaliya

All executive

officers and directors as a group (7 persons)

5% or Greater

Blue Rose Worldwide

Perfect Linkage Group Limited

Golden Genius Development

Fubao Group Limited

Huang Xiu Mei

Beneficial ownership is

determined in accordance with the rules of the SEC and includes voting or investment power with respect to the common stock.

shares represent only common stock held by shareholders as no options are issued or outstanding.

Calculation based on 2,625,130 shares of common

stock issued and outstanding as of the date of this report.

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

PARTY TRANSACTIONS

with Related Persons

director, executive officer, shareholder holding at least 5% of shares of our common stock, or any family member thereof, had any material

interest, direct or indirect, in any transaction, or proposed transaction during the last two fiscal years in which the amount involved

in the transaction exceeded or exceeds the lesser of $120,000 or one percent of the average of our total assets at year-end for the last

two completed fiscal years.

PRINCIPAL ACCOUNTING FEES AND SERVICES

reported on our Form 8-K filed April 4, 2024, we had a change of auditor from Grant Assentsure PAC to JWF Assurance for the fiscal

year ended December 31, 2023.

Audit Committee has ratified JWF Assurance, Independent Registered Public Accounting Firm, to audit our books, records and accounting

for the year ended December 31, 2023.

The Audit Committee in its discretion may select a

registered public accounting firm at any time during the year if it determines that such a change will be in the best interests of us

and our shareholders.

aggregate fees billed for professional services rendered by the principal accountant for the audit of our annual financial statements

and review of the financial statements included in our quarterly reports on Form 10-Q and services that are normally provided by the

principal accountant in connection with statutory and regulatory filings or engagements for these fiscal periods were as follows:

The aggregate fees billed for professional services rendered by the principal accountant for the audit of our annual financial

statements and review of financial statements included in our Form 10-K and other services that are normally provided by the principal

accountant in connection with statutory and regulatory filings or engagements for those fiscal years.

Audit-Related Fees :

aggregate fees billed for assurance and related services rendered by the former principal accountant that are reasonably related to the

performance of the audit or review of our financial statements and are not reported under the previous item, Audit Fees.

The aggregate fees billed in each of the last two fiscal years for professional services rendered by the principal accountant

for tax compliance, tax advice and tax planning.

The aggregate fees billed for legal fee and services provided by the lawyers and other parties other than those disclosed

EXHIBITS, FINANCIAL STATEMENT SCHEDULES

following documents are filed as part of this annual report:

Financial Statements

Balance Sheets at December 31, 2023 and 2022

Statements of Operations for the year ended December 31, 2023 and 2022

Statements of Stockholders’ Equity for the year ended December 31, 2023 and 2022

Statements of Cash Flows for the year ended December 31, 2023 and 2022

to the Consolidated Financial Statements

Financial Statement

All schedules are omitted

because they are not applicable, or not required, or because the required information is included in the financial statements or

notes thereto.

and Restated Articles of Incorporation (Incorporated herein by reference to WeTrade Group Inc’s Current Report on Form 8-K

filed with the SEC on April 3, 2024)

Agreement between Wetrade Group Inc.

and Ken Tsang, dated December 13, 2023 (Incorporated herein by reference to WeTrade Group Inc’s

Current Report on Form 8- K filed with the SEC on December 13, 2023)

Contract by and between the Registrant and Dong Li Chen (Incorporated herein by reference to WeTrade Group Inc’s Current Report

on Form 8- K filed with the SEC on December 11, 2023 )

Contract by and between the Registrant and Lim Kian Wee (Incorporated herein by reference to WeTrade Group Inc’s Current Report

on Form 8- K filed with the SEC on December 11, 2023 )

Contract by and between the Registrant and Mahesh Thapaliya (Incorporated herein by reference to WeTrade Group Inc’s Current

Report on Form 8- K filed with the SEC on December 11, 2023 )

Contract by and between the Registrant and Sun Jian Bo (Incorporated herein by reference to WeTrade Group Inc’s Current Report

on Form 8- K filed with the SEC on December 11, 2023 )

Purchase Agreement between the Company and Future Dao Group Holding Limited (Incorporated herein by reference to WeTrade Group Inc’s

Current Report on Form 8-K filed with the SEC on March 1, 2024)

and Purchase Agreement between the Company and unaffiliated buyer Incorporated herein by reference to WeTrade Group Inc’s Current

Report on Form 8-K filed with the SEC on September 27, 2023)

List of Subsidiaries

Certification of Principal

Executive Officer filed pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley

Certification of Principal

Financial Officer filed pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley

Certification of Principal

Executive Officer furnished pursuant to 18 U.S.C.

Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Certification of Principal

Financial Officer furnished pursuant to 18 U.S.C.

Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Financial statements of

NEXT TECHNOLOGY HOLDING INC for the year ended December 31, 2023 and 2022 formatted in XBRL:

(i) the Balance Sheet;

(ii) the Statement

(iii) Statement of Changes in Stockholders’ Equity;

(iv) the Statement of Cash Flows;

and (v) the Notes to the Financial

Statements ***

_______________

Filed herein.

to the requirements of Section 13 or 15(d) the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed

on its behalf by the undersigned, thereunto duly authorized.

NEXT TECHNOLOGY HOLDING INC

April 15, 2024

Executive Officer

(Principal Executive Officer)

to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the

registrant and in the capacities and on the dates indicated.

April 15, 2024

Financial Officer,

financial officer and principal accounting officer)

FINANCIAL STATEMENTS

Consolidated Balance Sheets at December 31, 2023 and 2022

Consolidated Statements of Income Statement for the years ended December 31,2023 and 2022

Consolidated Statements of Equity Statement for the years ended December 31, 2023 and 2022

Consolidated Statements of Cash Flows for the years ended December 31, 2023 and 2022

Notes to the Consolidated Financial Statements

NEXT TECHNOLOGY HOLDING INC

BALANCE SHEETS

amounts shown in U.S.

and cash equivalents

receivable- non related parties, net

receivables- related parties

related to discontinued operation

Current Assets

AND STOCKHOLDERS’ EQUITY

due to related parties

related to discontinued operation

Current Liabilities

Stockholders’

no par value;

2,625,130 issued and outstanding at December 31, 2023 and 1,054,365 issued and outstanding at December

Paid in Capital

other comprehensive loss

Stockholders’ Equity

Liabilities and Stockholders’ Equity

and per share amounts have been adjusted to reflect the decreased number of shares resulting from a reverse split of shares.

accompanying notes are an integral part of these financial statements.

NEXT TECHNOLOGY HOLDING INC

Statements of Operations and Comprehensive Loss

and Administrative

from operations

loss from continuing operation

$ (3,173,360 )

$ (6,793,718 )

discontinued operation

Comprehensive

Foreign currency translation adjustment

comprehensive loss

per share - basic and diluted

average number of shares outstanding*;

Basic and Diluted

and per share amounts have been retroactively adjusted to reflect the decreased number of shares resulting from a share cancellation

and issuance of new shares.

accompanying notes are an integral part of these financial statements.

NEXT TECHNOLOGY HOLDING INC

Statements of Changes in Stockholders’ Equity

Additional Paid in Capital Amount

Retained Earnings

/(Accumulated Deficits)

Accumulated Other comprehensive income

Total Shareholder Equity

Balance as of December 31, 2021

Share cancellation

(120,418,995 )

Sale of common shares, net of fees

Stock compensation

Foreign currency translation adjustment

Loss from discontinued operation

Net loss for the year

Balance as of December 31, 2022

$ (1,221,127 )

Reverse stock split

(194,002,973 )

Sale of common shares, net of fees

Foreign currency translation adjustment

Gain from discontinued operation

Loss from discontinued operation

Net loss for the year

Balance as of December 31, 2023

$ (5,447,321 )

and per share amounts have been adjusted to reflect the decreased number of shares resulting from a share cancellation and new share

accompanying notes are an integral part of these financial statements.

NEXT TECHNOLOGY HOLDING INC

STATEMENTS OF CASH FLOWS

the year ended December

from Operating Activities:

$ (3,173,361 )

$ (6,793,718 )

discontinued operation

fair value of digital assets

(10,216,901 )

in Operating Assets and Liabilities:

(12,075,500 )

related to discontinued operation

(26,655,103 )

related to discontinued operation

cash flows provided by/ (used in) operating activities:

(38,205,344 )

from Investing activity:

(24,990,000 )

cash flow used in investing activity:

(24,990,000 )

from financing activities:

from issuance of common stock

from disposal of subsidiaries

cash provided by financing activities:

of exchange rate changes on cash

in Cash and Cash Equivalents:

and Cash Equivalents, Beginning of Year

and Cash Equivalents, End of Year

Cash Flow Information:

accompanying notes are an integral part of these financial statements.

NEXT TECHNOLOGY HOLDING INC

known as WeTrade Group Inc)

to Consolidated Financial Statements

NATURE OF BUSINESS

NEXT TECHNOLOGY HOLDING INC (Formerly known as “WeTrade Group, Inc”) (the “Company”) was incorporated in the State of

Wyoming on March 28, 2019.

As of December 31, 2023, the Company pursue two corporate strategies.

One business strategy is to continue

providing software development services, and the other strategy is to acquire and hold bitcoin.

provide AI-enabled software development services to our customers, which included developing, designing, and implementing various SAAS

software solutions for businesses of all types, including industrial and other businesses.

Acquisition Strategy

bitcoin acquisition strategy generally involves acquiring bitcoin with our liquid assets that exceed working capital requirements, and

from time to time, subject to market conditions, issuing debt or equity securities or engaging in other capital raising transactions

with the objective of using the proceeds to purchase bitcoin.

view our bitcoin holdings as long-term holdings and expect to continue to accumulate bitcoin.

We have not set any specific target for

the amount of bitcoin we seek to hold, and we will continue to monitor market conditions in determining whether to engage in additional

financings to purchase additional bitcoin.

overall strategy also contemplates that we may (i) periodically sell bitcoin for general corporate purposes, including to generate cash

for treasury management or in connection with strategies that generate tax benefits in accordance with applicable law, (ii) enter into

additional capital raising transactions that are collateralized by our bitcoin holdings, and (iii) consider pursuing additional strategies

to create income streams or otherwise generate funds using our bitcoin holdings.

believe that, due to its limited supply, bitcoin offers the opportunity for appreciation in value if its adoption increases and has the

potential to serve as a hedge against inflation in the long-term.

following table presents a roll-forward of our bitcoin holdings, including additional information related to our bitcoin purchases, and

digital asset impairment losses during the period:

Schedule of digital asset impairment losses

asset original cost basis

asset gain / (losses)

asset market value

number of Bitcoin held

Balance at December 31, 2022

Digital asset

asset gain/ (loss)

at December 31, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Issued and Adopted Financial Accounting Standards

February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-02,

Leases (Topic 842) (“ASU 2016-02”), which requires lessees to recognize lease assets and lease liabilities on the balance

sheet for those leases classified as operating leases under current U.S.

ASU 2016-02 requires a lessee to recognize a lease liability

and a right-of-use asset for each lease with a term longer than twelve months.

The new guidance also requires additional qualitative

and quantitative disclosures related to the nature, timing and uncertainty of cash flows arising from leases.

The Company adopted the

new standard effective January 1, 2022, using a modified retrospective approach and electing to use the package of practical expedients

permitted under the transition guidance, which allows for the carry forward of historical lease classification for existing leases on

the adoption date and does not require the assessment of existing lease contracts to determine whether the contracts contain a lease

or initial direct costs.

Prior periods were not retrospectively adjusted.

Company did not have any finance lease liabilities as of the adoption date.

There was no cumulative effect adjustment to the opening

balance of accumulated deficit as of January 1, 2022.

Adoption of this new guidance did not have a material impact on the consolidated

statements of operations or cash flows.

Standards Effective in Future Periods

Instruments—Credit Losses

June 2016, the FASB issued ASU No.

2016-13, “Financial Instruments-Credit Losses (Topic 326):

Measurement of Credit Losses on Financial

Instruments (“ASU 2016-03”).” The amendments in this update introduce a new standard to replace the incurred loss impairment

methodology under current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range

of reasonable and supportable information to inform credit loss estimates.

Subsequent to the initial standards, the FASB has also issued

several ASUs to clarify specific topics.

ASU 2016-13 is effective for the Company’s fiscal year beginning January 1, 2023.

Company does not expect the implementation of ASU 2016-13 to have a material impact on consolidated financial statements.

of Presentation

consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States

of America (“GAAP”).

The consolidated financial statements include the financial statements of the Company and its subsidiaries.

All significant inter-company transactions and balances have been eliminated on consolidation.

Consolidation

Company’s consolidated financial statements include the financial statements of the Group and subsidiaries.

All transactions and

balances among the Group and its subsidiaries have been eliminated upon consolidation.

of Estimates and Assumptions

preparation of financial statements in conformity with US GAAP requires management to make judgement estimates and assumptions that

affect the amounts reported in the consolidated financial statements and accompanying notes.

Management believes that the estimates used

in preparing the financial statements are reasonable and prudent;

however, actual results could differ from these estimates.

accounting estimates include the allowance for doubtful accounts, useful lives of intangible asset, valuation of deferred tax assets,

and certain accrued liabilities such as contingent liabilities.

Value Measurements

Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value

measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis.

Additionally,

the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value

in the financial statements on a nonrecurring basis.

The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation

techniques used to measure fair value.

hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements)

and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements).

The three levels of the fair

value hierarchy are as follows:

1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access

at the measurement date.

2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly

or indirectly.

3 inputs are unobservable inputs for the asset or liability.

The carrying amounts of financial assets such as cash approximate their

fair values because of the short maturity of these instruments.

Concentrations

of Credit Risk, Significant Customers

Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of accounts receivable.

Company does not require collateral for accounts receivables.

The Company maintains an allowance for its doubtful accounts receivable

due to estimated credit losses.

The Company does not record the allowance against bad debt expense through the consolidated statements

of operations, included in general and administrative expense, up to the amount of revenues recognized to date.

Receivables are written

off and charged against the recorded allowance when the Company has exhausted collection efforts without success.

As of December 31,

2023 and 2022, accounts receivable from customers amounted to $ 1,133,116 and $ nil respectively.

Company follows the guidance of Accounting Standards Codification (ASC) 606, Revenue from Contracts.

ASC 606 creates a five-step

model that requires entities to exercise judgment when considering the terms of contracts, which includes (1) identifying the contracts

or agreements with a customer, (2) identifying our performance obligations in the contract or agreement, (3) determining the transaction

price, (4) allocating the transaction price to the separate performance obligations, and (5) recognizing revenue as each performance

obligation is satisfied.

The Company only applies the five-step model to contracts when it is probable that the Company will collect

the consideration it is entitled to in exchange for the services it transfers to its clients.

and Cash Equivalents

Company considers all highly liquid debt instruments purchased with a maturity period of three months or less to be cash or cash equivalents.

The carrying amounts reported in the accompanying consolidated balance sheets for cash and cash equivalents approximate their fair value.

All of the Company’s cash that is held in bank accounts in Hong Kong and PRC are not protected by Federal Deposit Insurance Corporation

(“FDIC”) insurance.

accompanying consolidated financial statements are presented in US$.

The functional currency of the Company is US$, and the functional

currency of the Company’s subsidiaries is RMB.

The consolidated financial statements are translated into US$ from RMB at year-end

exchange rates as to assets and liabilities and average exchange rates as to revenues and expenses.

Capital accounts are translated at

their historical exchange rates when the capital transactions occurred.

The resulting translation adjustments are recorded as a component

of shareholders’ equity included in other comprehensive income.

Gains and losses from foreign currency transactions are included

in profit or loss.

There were no gains and losses from foreign currency transactions from the inception to December 31, 2023.

Schedule of exchange rate

US$ exchange rate

balance sheet amounts, with the exception of equity, December 31, 2023 and December 31, 2022 were translated at 7.09 RMB and 6.9 RMB

to $ 1.00 , respectively.

The equity accounts were stated at their historical rates.

The average translation rates applied to statements

of operations and comprehensive income (loss) accounts for the year ended December 31, 2023 and year ended December 31, 2022 were 7.08

RMB and 6.75 RMB to $ 1.00 , respectively.

Cash flows were also translated at average translation rates for the year and, therefore, amounts

reported on the statement of cash flows would not necessarily agree with changes in the corresponding balances on the consolidated balance

Development Costs

apply ASC 985-20, Software—Costs of Software to Be Sold, Leased, or Marketed, in analyzing our software development costs.

985-20 requires the capitalization of certain software development costs subsequent to the establishment of technological feasibility

for a software product in development.

Research and development costs associated with establishing technological feasibility are expensed

Based on our software development process, technological feasibility is established upon the completion of a working model.

In addition, we apply this to our review of development projects related to software used exclusively for our SaaS subscription offerings.

In these reviews, all costs incurred during the preliminary project stages are expensed as incurred.

Once the projects have been committed

to and it is probable that the projects will meet functional requirements, costs are capitalized.

Company adopted Accounting Standards Update No.

2016-02, Leases (Topic 842) (ASU 2016-02), and generally requires lessees to recognize

operating and financing lease liabilities and corresponding right-of-use (ROU) assets on the balance sheet and to provide enhanced disclosures

surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements.

leases are included in operating lease right-of-use (“ROU”) assets and short-term and long-term lease liabilities in our

consolidated balance sheets.

Finance leases are included in property and equipment, other current liabilities, and other long-term liabilities

in our consolidated balance sheets.

assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s

obligation to make lease payments arising from the lease.

Operating lease ROU assets and liabilities are recognized at commencement date

based on the present value of lease payments over the lease term.

As most of the leases do not provide an implicit rate, we use the industry

incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments.

We use the implicit rate when readily determinable.

The operating lease ROU asset also includes any lease payments made and excludes

lease incentives.

The lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise

Lease expense for lease payments is recognized on a straight-line basis over the lease term.

2016-02 requires that public companies use a secured incremental browning rate for the present value of lease payments when the rate

implicit in the contract is not readily determinable.

We determine a secured rate on a quarterly basis and update the weighted average

discount rate accordingly.

taxes are determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC Topic 740”).

this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the

financial statement carrying amounts of existing assets and liabilities and their respective tax basis.

Deferred tax assets and liabilities

are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are

expected to be recovered or settled.

Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income

in the period that includes the enactment date.

740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements

uncertain tax positions taken or expected to be taken on a tax return.

Under ASC 740, tax positions must initially be recognized in the

financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities.

positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50 % likelihood of

being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.

Company has a subsidiary in Hong Kong and PRC.

The Company is subject to tax in Hong Kong and PRC jurisdictions.

As a result of its future

business activities, the Company will be required to file tax returns that are subject to examination by the Inland Revenue Authority

of Hong Kong and Tax Department of PRC.

Company currently has unlimited authorized shares of $ 0.00 par value common stock, with 2,625,130 shares issued and outstanding as of

December 31, 2023.

net income per share of common stock attributable to common stockholders is calculated by dividing net income attributable to common

stockholders by the weighted-average shares of common stock outstanding for the period.

Potentially dilutive shares, which are based

on the weighted-average shares of common stock underlying outstanding stock-based awards, warrants, options, or convertible debt using

the treasury stock method or the if-converted method, as applicable, are included when calculating diluted net income per share of common

stock attributable to common stockholders when their effect is dilutive.

dilutive securities are excluded from the calculation of diluted EPS in loss periods as their effect would be anti-dilutive.

of December 31, 2023 and 2022, there were no potentially dilutive shares.

Schedule of potentially diluted shares

of Operations Summary Information:

$ (3,173,360 )

Weighted-average

common shares outstanding - basic and diluted

loss per share, basic and diluted

Company is in the business of providing AI-enabled software development services for industrial and other customers.

of December 31, 2023 and 2022, we generated revenue from software development services amounting to $ 2,633,308 as follow:

Software development and industrial SAAS business

4 – CASH AND CASH EQUIVALENTS

of December 31, 2023 and 2022, the Company held cash in bank amounting to $ 668,387 which consists of the following:

of held cash in bank in the amount

Deposits- Outside USA

5 – DIGITAL ASSETS

of December 31, 2023, digital assets holdings are as follow:

Schedule of digital assets holdings

value gain on digital assets

of December 31, 2023, the Company has purchase approximately 833 BTC at the total cost of $ 24,990,000 .

For the year ended December 31,

2023, the Company recognized unrealized gain of $ 10,216,901 on digital assets.

assets are available for sales and there is no term of maturity, it will be held for less than one year and can be sold at any time.

6 – ACCOUNT RECEIVABLES, NET

of December 31, 2023 and 2022, account receivables are related to the services fee receivables from customers as follow:

of account receivable

Company does not require collateral for accounts receivable.

The Company maintains an allowance for its doubtful accounts receivable

due to estimated credit losses.

The Company records the allowance against bad debt expense through the consolidated statements of operations,

included in general and administrative expense, up to the amount of revenues recognized to date.

Receivables are written off and charged

against the recorded allowance when the Company has exhausted collection efforts without success.

7 – PREPAYMENTS

of December 31, 2023 and 2022, prepayments consist of the following:

of prepayments

of December 31, 2023, there are prepayment of approximately $ 12,125,500 for the 40 % prepayment of 1000 BTC, which is expected to be delivered

by May 2024 with the lock up price of $ 30,000 per BTC.

8 – ACCOUNT PAYABLES, NET

of December 31, 2023 and 2022, account payables are related to the software services fee payables to suppliers as follow:

Schedule accounts payables ne t

9 – AMOUNT DUE TO RELATED PARTIES

Schedule of related parties

parties payable

due to shareholders

related party balance of $ 282,535 represented advances from former shareholders for Company’s daily operation.

of December 31, 2023, the amount due to shareholders of $ 594,563 represented advances and professional expenses paid on behalf by Shareholders,

which consist of audit fees, lawyers’ fee and other professional expenses.

of December 31, 2023, the director fee payable of $ 804,000 represented the accrual of director fees from the appointment date to September

amount due to related parties are interest free, no collateral and have no fixed of repayment period.

10 – OTHER PAYABLES

of December 31, 2023, other payables consists of unpaid professional fee as follow:

Schedule of Other Payables

professional balance of $ 1,430,000 are included outstanding legal fees in relation to shareholders’ litigation, BTC consultant

fee and listing compliance fee owing to professional parties.

11 – DISCONTINUED OPERATIONS

September 29, 2023, the Company’s Board of Directors passed a resolution to dissolve the operation of WeTrade Information System

Limited and its wholly owned subsidiaries, resulting in a loss from discontinued operation of $ 1,124,675 .

The consideration of disposal

of subsidiaries are based on its net asset value (“NAV”) and due to deteriorate of SAAS business and high turnover rate of

account receivables in PRC operation.

Loss from discontinued operations for the year ended December 31, 2023 and 2022 was as follows:

of discontinued operations

(loss)/profit

and Administrative

(12,388,143 )

from discontinued operations before income tax

tax (expense)/income

discontinued operation after tax

from discontinued operation

$ (1,119,380 )

$ (2,365,697 )

major components of assets and liabilities related to discontinued operations are summarized below:

Schedule of assets and liabilities related to discontinued operations

and cash equivalents

and equipment, net

assets related to discontinued operations

liabilities related to discontinued operations

Company has an unlimited number of ordinary shares authorized, and has issued 195,057,503 shares with no par value as of December 31,

March 29, 2019, the Company has issued 100,000,000 shares with no par value to thirty-three founders.

On September 3, 2019, the Company

has issued a total 74,000 shares at $ 3 each to 5 non-US shareholders.

The total outstanding shares has increased to 100,074,000 shares

as of December 31, 2019.

February 2020, there are 1,666,666 shares were issued at $ 3 per share to 2 new shareholders.

On July 10, 2020, the Company issued another

26,000 shares at $ 3 per share to 2 new shareholders and the total outstanding shares has increased to 101,766,666 shares.

September 15, 2020, the Wyoming Secretary of State approved the Company’s certificate of amendment to amend its Articles of Incorporation

to effect 3 for 1 forward stock split .

The total issued and outstanding shares of the Company’s common stock has been increased

from 101,766,666 to 305,299,998 shares, with the par value unchanged at zero.

September 21, 2020, there are 151,500 shares issued at $ 5 per share to 303 new shareholders, the Company’s common stock issued

has been increased to 305,451,498 shares as of December 31, 2020.

April 13, 2022, the Company and 15 Shareholders entered into that certain Share Exchange Agreement (the “Share Exchange Agreement”),

pursuant to which Company and the 15 Shareholders have cancelled 120,418,995 shares of Common Stock (“Cancellation Shares”).

Upon completion of the transaction, the outstanding shares of the Company’s Common Stock has been decreased from 305,451,498 shares

to 185,032,503 shares as of June 30, 2022.

July 21, 2022, the Company has uplisted its common stock to the Nasdaq Capital Market, and the closing of its public offering of 10,000,000

shares of common stock with the gross proceeds of $ 40,000,000 and net proceeds of $ 37,057,176 after deducting the total offering cost

of $ 2,942,824 .

The shares were priced at $ 4.00 per share, and the offering was conducted on a firm commitment basis.

The shares continue

to trade under the stock symbol “WETG.” The Company’s total issued and outstanding common stock has been increased

to 195,032,503 shares after the offering.

July 22, 2022, the Company issued 25,000 shares of common stock to certain service providers for services in connection with the public

offering, the fair value of the share was $ 477,500 .

The Company’s total issued and outstanding common stock has been increased

to 195,057,503 shares as of December 31, 2022.

June 9, 2023, the Wyoming Secretary of State approved the Company’s certificate of amendment to amend its Articles of Incorporation

to effect 1 for 185 reverse stock split (“Reverse Stock Split”).

The total issued and outstanding shares of the Company’s

common stock decreased from 195,057,503 to 1,054,530 shares, with the par value unchanged at zero.

September, 2023, there are 1,570,600 shares issued with the total amount of $ 12,616,454 , the Company’s common stock issued has

been increased to 2,625,130 shares as of September 30, 2023.

13 – INCOME TAXES

Company is subject to U.S.

Federal tax laws.

The Company has not recognized an income tax benefit for its operating losses in the United

States because the Company does not expect to commence active operations in the United States.

Company is currently conducting its major operations in the Hong Kong and PRC through its subsidiaries, which are subject to tax

from 15 % to 25 %.

NOTE 14 – SUBSEQUENT EVENT

March 1,2024, the Company entered into that the share purchase agreement (the “Purchase Agreement”) with certain existing

shareholders (the “Sellers”) of Future Dao Group Holding Limited, an exempted company incorporated and existing under the

laws of the Cayman Islands(the “Target”),pursuant to which the Company agrees to purchase from the Sellers indirectly through

Next Investment Group Limited,a wholly-owned subsidiary of the Company (“Next Investment”), and the Sellers agree to sell

to Next Investment, an aggregate of 2,000 ordinary shares (the “Purchased Shares”) of the Target (the “Transaction”)

at a per share purchase price of $ 6,698 per share for an aggregate purchase price of $ 13,396,000 (the “Purchase Price”).Pursuant

to the Purchase Agreement, at the closing of the Transaction, the Company will pay the Purchase Price by issuing to the Sellers an aggregate

of 3,940,000 shares of common stock of the Company (the “Next Technology Common Stock”) based on an agreed-upon valuation

of $ 3.4 per share (the “Per Share Price”).

The Per Share Price is above $ 3.19 , which is the average price per share of the

shares of common stock of the Company traded on Nasdaq Capital Market in the five trading days prior to the signing date of the Purchase

Pursuant to the Purchase Agreement, each Seller will receive its portion of the Company’s Common Stock proportionate

to the number of the Purchased Shares to be sold by such Seller to Next Investment under the Purchase Agreement, the transaction is expected

to complete in end of April 2024.

of Company name

April 2, 2024, Wetrade Group Inc.

(the “Company”) changed its name to Next Technology Holding Inc.

The name change was made

pursuant to the Wyoming Business Corporations Act, and an amendment to Article I of the Company’s Amended and Restated Articles

of Incorporation was filed with the Wyoming Secretary of State on March 18, 2024 (Amendment ID:

2024-004669585).

common stock will continue to trade on the NASDAQ Stock Market under the ticker symbol "NXTT".

Outstanding stock certificates

for shares of the company are not affected by the name change.

They continue to be valid and need not be exchanged.

FINANCIAL STATEMENTS AND SUPPLEMENTARY

Our audited financial statements for the years

ended December 31, 2024, and 2023 are set forth on pages F-1 to F-23 immediately following the signature page to this annual report.

Item 15 for a list of the financial statements included herein.

CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS

ON ACCOUNTING AND FINANCIAL DISCLOSURE

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 8. Financial Statements and Supplementary Data