XML 84 R39.htm IDEA: XBRL DOCUMENT v3.23.1
LEASES (Table)
12 Months Ended
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