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Prepaid Expense
6 Months Ended
Jun. 30, 2023
Prepaid Expense [Abstract]  
PREPAID EXPENSE

NOTE 6 – PREPAID EXPENSE

 

Prepaid expense as of June 30, 2023 and December 31, 2022 are summarized as below:

 

   June 30,
2023
   December 31,
2022
 
Advancement to suppliers for inventory  884,768   632,185 
Advancement for PP&E under construction   11,258    26,727 
Conference   2,995    61,036 
Security deposits and others   15,957    15,658 
   914,978   735,606 

 

As of June 30, 2023 and December 31, 2022, the Company has advancement to suppliers for purchase of inventory of €884,768 and €632,185, respectively.