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Financial Instruments by Category

12 Months Ended

Dec. 31, 2024

30.

FINANCIAL INSTRUMENTS BY CATEGORY

The carrying amounts of each of the categories of financial instruments as at the end of the reporting period are as follows:

2024

Financial assets

	Financial asset at fair value through other comprehensive income		Financial assets at amortized cost		Total
	US$		US$		US$
2024
Non-current financial asset		600,000		-		600,000
Accounts receivable		-		13,537,896		13,537,896
Financial assets included in deposits and other receivables		-		639,444		639,444
Pledged bank deposits		-		185,336		185,336
Cash and cash equivalents		-		42,521,520		42,521,520

		600,000		56,884,196		57,484,196

Financial liabilities

	Financial liabilities at fair value through profit or loss - designated as such upon initial recognition		Financial liabilities at amortized cost		Total
	US$		US$		US$
2024
Financial liabilities included in accounts and other payable		-		27,403,211		27,403,211
Warrant liabilities		1,392,997		-		1,392,997
Lease liabilities		-		735,550		735,550

		1,392,997		28,138,761		29,531,758

2023

Financial assets at amortized cost

	2023
	US$
Accounts receivable		17,236,384
Financial assets included in deposits and other receivables		808,679
Pledged bank deposits		188,745
Cash and cash equivalents		68,641,016
		86,874,824

Financial liabilities

	Financial liabilities at fair value through profit or loss - designated as such upon initial recognition		Financial liabilities at amortized cost		Total
	US$		US$		US$
2023
Financial liabilities included in accounts and other payable		-		29,504,114		29,504,114
Warrant liabilities		1,839,808		-		1,839,808
Lease liabilities		-		606,061		606,061

		1,839,808		30,110,175		31,949,983