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v3.23.1

LEASES (Table) | 12 Months Ended
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Dec. 31, 2022
LEASES |
Summary of information related to operating leases | ​
​ | ​ | ​ | ​
​ |  | As of December 31, |
​ | ​ | 2022 |
​ |  | US$ | ​
Assets |  |  | ​
Operating lease right-of-use assets |  | 191,877 | ​
Liabilities |  |  | ​
Current portion of operating lease liabilities |  | 151,983 | ​
Operating lease liabilities |  | 53,834 | ​
Weighted average remaining lease term (years) |  | 1.3 | ​
Weighted average discount rate | ​ | 4.6 | %
​
Summary of information related to operating lease activity | ​
​ | ​ | ​
​ |  | For the Year Ended
​ | ​ | December 31, 2022
​ | ​ | US$
Operating lease rental expense |  |
Amortization of right-of-use assets |  | 283,276
Expense for short-term leases within 12 months |  | 34,729
Interest of lease liabilities |  | 20,259
​ |  | 338,264
​
Summary of future annual minimum lease under non-cancelable operating leases with initial terms in excess of one year under ASC 840, Leases | ​
​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ | 2021
​ |  | US$
For the years ending: |  | ​
2022 |  | 412,754
2023 | ​ | 255,309
2024 |  | 70,367
Total |  | 738,430
​
Summary of maturities of lease liabilities | ​
​ | ​ | ​
​ |  | As of December 31,
​ | ​ | 2022
​ | ​ | US$
2023 |  | 157,603
2024 |  | 54,823
Total undiscounted lease payments |  | 212,426
Less: imputed interest |  | (6,609)
Total lease liabilities |  | 205,817

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123406913&loc=d3e41502-112717 + Details
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