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ACCOUNTS PAYABLE - RELATED PARTY | 3 Months Ended
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Mar. 31, 2023
ACCOUNTS PAYABLE - RELATED PARTY |
ACCOUNTS PAYABLE - RELATED PARTY | NOTE 12 – ACCOUNTS PAYABLE — RELATED PARTY Accounts payable due to related party represents payables in the ordinary course of business primarily for purchases of game distribution licenses and also the royalties due to Suzhou Snail. As of March 31, 2023 and December 31, 2022, the Company had $19,540,783 and $19,918,259, respectively, as accounts payable due to Suzhou Snail. During the three months ended March 31, 2023 and 2022, the Company incurred $72,524 and $126,460, respectively as license costs due to Suzhou Snail. During the three months ended March 31, 2023 and 2022, respectively, there were $450,000 and $444,263 in payments to Suzhou Snail for royalties.

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