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Notes Payable | 6 Months Ended
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Jun. 30, 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 $107,400, 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 June 30, 2021 and December 31, 2020, the balance due to this individual amounted to $107,400 and $106,800, respectively. Interest expense was $3,222 and $3,014 for the three months ended June 30, 2021 and 2020, respectively. Interest expense was $6,426 and $6,002 for the six months ended June 30, 2021 and 2020, respectively.

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