XML 19 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]        
Revenues $ 128,272 $ 25,660 $ 969,783 $ 355,797
Cost of revenues 60,236 1,896 286,415 5,086
Gross profit 68,036 23,764 683,368 350,711
Operating expenses        
Selling, general and administrative expenses 1,272,752 1,191,078 6,067,545 5,746,119
Research and development expenses 334,979 359,404 2,693,457 1,003,805
Stock-based compensation 366,489 4,692,003 7,036,778 5,306,755
Total operating expenses 1,974,220 6,242,485 15,797,780 12,056,679
Loss from operations (1,906,184) (6,218,721) (15,114,412) (11,705,968)
Other income (expense)        
Interest income 52,711 40,175 187,817 43,196
Interest expense (56,663) (18,213) (293,968) (227,210)
Operating sublease income 22,100 24,124 107,150 134,576
Operating sublease income – related parties     4,800
Impairment loss     (110,125)
Investment loss     (7,446)
Gain/Loss on foreign exchange changes (12,261) 7,563 (259,463) 426,316
Gain/Loss on investment in equity securities     (269,844)
Other (expense) income 3,067 (9,410) (24,149) 22,409
Government grant income     360,898
Total other income 8,954 44,239 (400,184) 495,141
Loss before provision income tax (1,897,230) (6,174,482) (15,514,596) (11,210,827)
Provision for income tax (86,867) 797,778 825,024
Net loss (1,897,230) (6,087,615) (16,312,374) (12,035,851)
Net loss attributable to noncontrolling interests (73,535) (92,175) 110,865 802,962
Net loss attributed to ABVC and subsidiaries (1,823,695) (5,995,440) (16,423,239) (12,838,813)
Foreign currency translation adjustment 29,109 (113,339) (22,532) (25,200)
Comprehensive loss $ (1,794,586) $ (6,108,779) $ (16,445,771) $ (12,864,013)
Net loss per share:        
Basic and diluted (in Dollars per share) $ (0.06) $ (0.2) $ (0.52) $ (0.51)
Weighted average shares used in computing net loss per share of common stock:        
Basic and diluted (in Shares) 33,075,775 29,683,402 31,664,660 25,053,522