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Notes Payable
 3 Months Ended
Mar. 31, 2021
Notes Payable [Abstract]  
NOTES PAYABLE

10. NOTES PAYABLE


In January, 2019, BioLite Taiwan entered an unsecured loan agreement with one individual bearing interest at fixed rates at 12% per annum of NT$3,000,000, equivalent to $105,300, for working capital purpose. As of the date of this report, BioLite Taiwan is still in discussion with the individual with respect to the terms of the unsecured loans. As of March 31, 2021 and 2020, the balance due to this individual amounted to $105,300 and $106,800, respectively. Interest expense was $3,204 and $2,988 for the three months ended March 31, 2021 and 2020, respectively.