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Short-term investments	3 Months Ended
Mar. 31, 2024
Short-term investments
Short-term investments	5. Short-term investments In March 2024, the Company made short-term investments of $7,000,000 in 8% promissory notes due June 1, 2024 issued by Webao Limited, an unrelated party, based in Hong Kong. The total amortized cost, the fair value and the carrying value of the investments is $7,000,000 at March 31, 2024. There was no unrecognized holding gains or losses and other-than-temporary investment recognized on this investment at March 31, 2024.

Short-term investments

3 Months Ended

Mar. 31, 2024

5. Short-term investments

In March 2024, the Company made short-term investments of $7,000,000 in 8% promissory notes due June 1, 2024 issued by Webao Limited, an unrelated party, based in Hong Kong. The total amortized cost, the fair value and the carrying value of the investments is $7,000,000 at March 31, 2024. There was no unrecognized holding gains or losses and other-than-temporary investment recognized on this investment at March 31, 2024.