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FINANCIAL INCOME AND EXPENSE (Tables)

12 Months Ended

Dec. 31, 2022

FINANCIAL INCOME AND EXPENSE

Schedule of interest income and interest expenses

For the years ended December 31, 2022, 2021 and 2020 interest income consist of the following:

​	​	​	​	​	​	​
​		January 1 –		January 1 –		January 1 –
​	​	December 31,	​	December 31,	​	December 31,
​	​	2022	​	2021	​	2020
Foreign exchange gains, net	​	2,337,815	​	—	​	—
Interest income		229,303		180,267		16,803
Total		2,567,118		180,267		16,803

​

For the years ended December 31, 2022, 2021 and 2020 interest expenses consist of the following:

​	​	​	​	​	​	​
​		January 1 –		January 1 –		January 1 –
​	​	December 31,	​	December 31,	​	December 31,
​	​	2022	​	2021	​	2020
Interest expense related financial liabilities	​	1,884,753	​	612,861	​	180,259
Bank commission expenses		47,136		13,537		18,204
Foreign exchange losses, net		—		4,086,004		414,099
Total		1,931,889		4,712,402		612,562

​

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- Definition

Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities.

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