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Prepayments and Other Receivables

9 Months Ended

Sep. 30, 2022

Prepayments And Other Receivables And Recoverable From Loan Guarantee Abstract

Prepayments and Other Receivables

5. Prepayments and Other Receivables

Prepayments and other receivables as of December 31, 2021 and September 30, 2022 consisted of the following:

		December 31,				September 30,
		2021				2022
Value added tax recoverable		$	7,144,712			$	4,072,035
Prepayments to suppliers			4,663,431				211,360
Deposits			75,179				75,334
Staff advances			122,531				63,190
Prepaid operating expenses			683,648				700,943
Others			64,489				341,670
			12,753,990				5,464,532
Less: Allowance for doubtful accounts			(7,000	)			(7,000	)
		$	12,746,990			$	5,457,532

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The entire disclosue for prepayments and other receivables.

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