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Subsequent Events
3 Months Ended
Mar. 31, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

14. SUBSEQUENT EVENTS

 

On April 4, 2023, the Company entered into a loan agreement with BioLite for $57,000 to increase the cost for upcoming projects. The loan matures on April 3, 2024 with an interest rate of 6.5% per annum.

 

On April 4, 2023, the Company entered into a loan agreement with BioFirst for $89,500 to increase the cost for upcoming projects. The loan matures on April 3, 2024 with an interest rate of 6.5% per annum.

 

The Company has evaluated subsequent events and transactions that occurred after March 31, 2023 up through the date the Company issued these unaudited consolidated financial statements on May 15, 2023. All subsequent events requiring recognition as of March 31, 2023 have been incorporated into these unaudited consolidated financial statements and there are no other subsequent events that require disclosure in accordance with FASB ASC Topic 855, “Subsequent Events.”