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Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Schedule of leases

The table below presents the operating lease related assets and liabilities recorded on the Company’s consolidated balance sheets:

​

​	​	​	​	​	​	​
​	​	As of		​	As of
​	​	June 30, 2024		​	December 31, 2023
​		USD			USD
​	​	​		​	​
Operating lease right-of-use assets	​	$	13,974,220	​	$	15,203,576
Operating lease liabilities – current	​	$	1,732,944	​	$	1,595,998
Operating lease liabilities – noncurrent	​		12,526,869	​		13,674,452
Total operating lease liabilities	​	$	14,259,813	​	$	15,270,450

​

Information relating to the lease term and discount rate are as follows:

​

​	​	​	​	​	​
​		As of		As of
​		June 30, 2024		December 31, 2023
​	​	​	​	​	​
Weighted-average remaining lease term					​
Operating leases		8.9 years		9.4 years	​
Weighted-average discount rate					​
Operating leases		5.7%	​	5.7%	​

Schedule of maturities of operating lease liabilities

​

​	​	​	​
For the 12 months ending June 30,		​	​
2025	​	$	2,507,058
2026	​		2,621,722
2027	​		2,641,539
2028	​		2,409,786
2029	​		2,000,163
Thereafter	​		6,010,566
Total lease payments	​		18,190,834
Less: imputed interest	​		(3,931,021)
Present value of lease liabilities	​	$	14,259,813

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

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X

- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

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