| Summary of Details of Finance Income |
Details of finance income for the six months ended June 30, 2024, and 2023, are as follows:
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|
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|
|
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
For the six
months ended
June 30, 2024 |
|
|
For the six
months ended
June 30, 2023 |
|
Interest Income |
|
|
24,356 |
|
|
|
14,926 |
|
Gain from foreign currency transactions |
|
|
54,784 |
|
|
|
21,918 |
|
Gain from foreign currency translation (*) |
|
|
401,539 |
|
|
|
156,232 |
|
Gain from fair value of derivative warrant liabilities |
|
|
78,211 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
Total |
|
|
558,890 |
|
|
|
193,076 |
|
|
|
|
|
|
|
|
|
|
(*) |
Gain from foreign currency translation represents the increase in the value of foreign-denominated assets or liabilities when translated into the reporting currency due to change in exchange rates. | Details of finance costs for the six months ended June 30, 2024, and 2023, are as follows: |
Details of finance income for the years ended December 31, 2023, 2022 and 2021, are as follows:
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|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
|
|
|
|
|
|
|
|
Interest Income |
|
|
13,643 |
|
|
|
39,966 |
|
|
|
202,432 |
|
Gain from foreign currency transactions |
|
|
41,881 |
|
|
|
38,952 |
|
|
|
33,517 |
|
Gain from disposal of non-current financial assets |
|
|
— |
|
|
|
— |
|
|
|
75,821 |
|
Gain from foreign currency translation(*) |
|
|
78,600 |
|
|
|
74,596 |
|
|
|
110,252 |
|
Gain from discharge of indebtedness (**) |
|
|
— |
|
|
|
4,079,520 |
|
|
|
3,694,237 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
134,124 |
|
|
|
4,233,034 |
|
|
|
4,116,259 |
|
(*) |
Gain from foreign currency translation represents the increase in the value of foreign-denominated assets or liabilities when translated into the reporting currency due to change in exchange rates. |
(**) |
Gain from discharge of indebtedness was recognized from conversion of convertible bonds to equity which occurred in 2021 and 2022. |
|
| Summary of Details of Finance Costs |
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|
|
|
|
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
For the six
months ended
June 30, 2024 |
|
|
For the six
months ended
June 30, 2023 |
|
Interest expense |
|
|
2,041,338 |
|
|
|
839,956 |
|
Loss from foreign currency transactions |
|
|
19,243 |
|
|
|
2,673 |
|
Loss from foreign currency translation |
|
|
23,018 |
|
|
|
42,581 |
|
|
|
|
|
|
|
|
|
|
Total |
|
|
2,083,599 |
|
|
|
885,210 |
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|
|
|
|
|
|
|
|
|
|
Details of finance costs for the years ended December 31, 2023, 2022 and 2021, are as follows:
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|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
|
2,466,238 |
|
|
|
919,446 |
|
|
|
1,876,001 |
|
Loss from foreign currency transactions |
|
|
24,667 |
|
|
|
68,204 |
|
|
|
41,865 |
|
Loss from foreign currency translation (*) |
|
|
127,190 |
|
|
|
133,181 |
|
|
|
78,570 |
|
Loss from valuation of CB |
|
|
103,342 |
|
|
|
— |
|
|
|
— |
|
Change in fair value of derivative warrant liabilities |
|
|
504,587 |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
3,226,024 |
|
|
|
1,120,831 |
|
|
|
1,996,436 |
|
|
|
|
|
|
|
|
|
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|
|
|
|
| (*) |
Loss from foreign currency translation represents the decrease in the value of foreign-denominated assets or liabilities when translated into the reporting currency due to change in exchange rates. |
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