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Selling and Administrative Expenses
6 Months Ended
Jun. 30, 2023
Selling and Administrative Expenses[Abstract]  
SELLING AND ADMINISTRATIVE EXPENSES

NOTE 19 – SELLING AND ADMINISTRATIVE EXPENSES

 

The Company incurred the following selling and administrative expenses during the six months ended June 30, 2023 and 2022.

 

   Six Months Ended
June 30,
 
   2023   2022 
Professional fees  566,062   484,029 
Shipping and handling expenses   148,720    183,546 
Warehouse handling   44,539    48,731 
Miscellaneous operating expenses   45,594    21,622 
Marketing and advertising   242,940    74,267 
Leases and royalties   66,409    54,116 
Insurance premiums   38,167    9,954 
Repair and conservation   19,831    16,418 
Supplies   1,506    230 
Amortization of property and equipment   35,194    1,750 
Amortization of right-of-use assets   27,957    7,944 
   1,236,919   902,607 

 

During the six months ended June 30, 2023 and 2022, the Company incurred selling and administrative expenses of €1,236,919 and €902,607, of which €508,590 and €142,433 derived from related parties, respectively.