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Inventories

12 Months Ended

Dec. 31, 2022

Inventory Disclosure [Abstract]

Inventories

5. Inventories

Inventories as of December 31, 2021 and 2022 consisted of the following:

		December 31,				December 31,
		2021				2022
Raw materials		$	11,323,638			$	7,101,426
Work in progress			8,093,002				17,274,033
Finished goods			10,716,700				25,070,832
		$	30,133,340			$	49,446,291

During the years ended December 31, 2021 and 2022, write-downs of obsolete inventories to lower of cost or net realizable value of $867,731 and $1,658,432, respectively, were charged to cost of revenues.

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI https://asc.fasb.org/topic&trid=2126998

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