| Summary of Other Income |
Details of other income for the years ended December 31, 2023, 2022 and 2021, are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
(Unit: USD) |
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|
|
|
|
|
|
|
|
|
|
Gain from equity method |
|
|
— |
|
|
|
— |
|
|
|
(171,147 |
) |
Income from disposal of tangible assets |
|
|
4,682 |
|
|
|
— |
|
|
|
7,202 |
|
Reversal of allowance for bad debts |
|
|
136,111 |
|
|
|
— |
|
|
|
753,200 |
|
Miscellaneous income (*) |
|
|
57,158 |
|
|
|
5,197,964 |
|
|
|
— |
|
Dividend income |
|
|
827 |
|
|
|
1,839 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
198,778 |
|
|
|
5,199,803 |
|
|
|
589,255 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (*) |
The amount for the year ended 2022 includes USD 5,144,961 of recognition of gain from goods returned from previous year’s sales. |
|
| Summary of Other Expenses |
Details of other expenses for the years ended December 31, 2023, 2022 and 2021, are as follows:
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|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
|
|
|
|
|
|
|
|
Impairment loss from tangible Assets |
|
|
19,004 |
|
|
|
— |
|
|
|
— |
|
Impairment loss from Intangible Assets |
|
|
4,070,331 |
|
|
|
3,902,589 |
|
|
|
564,563 |
|
Loss from disposal of tangible assets |
|
|
— |
|
|
|
3,246,343 |
|
|
|
1,518,115 |
|
Loss from disposal of intangible assets |
|
|
1,912 |
|
|
|
— |
|
|
|
— |
|
Loss from disposal of investment in subsidiaries |
|
|
— |
|
|
|
— |
|
|
|
13,318,419 |
|
Impairment loss from equity method investment |
|
|
2,683,019 |
|
|
|
— |
|
|
|
— |
|
Loss from equity method investment |
|
|
— |
|
|
|
535,268 |
|
|
|
— |
|
Loss from inventory impairment |
|
|
214,378 |
|
|
|
5,645,992 |
|
|
|
8,415,311 |
|
Miscellaneous loss |
|
|
440,332 |
|
|
|
1,364,824 |
|
|
|
5,267,980 |
|
Nasdaq Listing Expense |
|
|
26,884,034 |
|
|
|
— |
|
|
|
— |
|
Reverse Acquisition Expense |
|
|
18,736,326 |
|
|
|
— |
|
|
|
— |
|
Other allowance for other receivables and prepayments |
|
|
4,865,907 |
|
|
|
436,674 |
|
|
|
10,127,381 |
|
Donation |
|
|
37,508 |
|
|
|
37,926 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
57,952,751 |
|
|
|
15,169,616 |
|
|
|
39,211,769 |
|
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|