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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND USE OF ESTIMATES (Tables) | 6 Months Ended | 12 Months Ended
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Jun. 30, 2023 | Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND USE OF ESTIMATES |  |
Schedule of useful lives for depreciation calculation using the straight-line method |  | ​
​ | ​ | ​
​ |  | Estimated
​ | ​ | economic
Type of asset | ​ | life (year)
Rental vehicles | ​ | ​
– Rental electric scooters |  | 2 – 3 years
– Rental electric e-bikes |  | 2 – 3 years
– Rental electric mopeds |  | 3 – 4 years
Furniture and fixtures |  | 7 years
Leasehold improvements |  | 1 – 5 years
​
Summary of key financial information regarding the operating segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | January 1 – June 30, 2023
​ | ​ | operating segments
​ | ​ | ​ | ​ | Two-wheeled | ​ | ​
​ | ​ | ​ | ​ | electric vehicle | ​ | ​
​ | ​ | Ride-hailing |  | rentals |  | Total
Revenue |  | — |  | 9,484,761 |  | 9,484,761
Selling and marketing expenses |  | (2,985,954) |  | (224,817) |  | (3,210,771)
General and administrative expenses |  | (1,224,937) |  | (4,443,420) |  | (5,668,357)
Segment operating profit/(loss) |  | (4,210,891) |  | 4,816,524 |  | 605,633
| ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | January 1 – December 31, 2022
​ | ​ | operating segments
​ | ​ | ​ | ​ | Two-wheeled | ​ | ​
​ | ​ | ​ | ​ | electric vehicle | ​ | ​
​ | ​ | Ride-hailing |  | rentals |  | Total
Revenue |  | — |  | 24,988,171 |  | 24,988,171
Cost of revenues | ​ | (170,797) | ​ | (26,921,780) | ​ | (27,092,577)
Selling and marketing expenses |  | (803,033) |  | (843,111) |  | (1,646,144)
General and administrative expenses |  | (409,931) |  | (8,630,658) |  | (9,040,589)
Operating segment profit/(loss) |  | (1,383,761) |  | (11,407,378) |  | (12,791,139)

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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