ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2022

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

NOTE 12 – ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities are summarized as follow:

	December 31, 2022		December 31, 2021
Accrued litigation compensation	$	1,590,484	$	-
Accrued professional fees		919,525		2,429,843
Accrued expenses		797,969		-
Payable for purchasing the factory		588,645		-
Employee payroll and welfare payables		452,904		561,469
Interest expense of convertible loans		383,250		-
Other taxes payable		118,469		48,672
Credit card payable		22,908		510,151
Loans from third parties		-		419,642
Others		174,487		213,486
Total	$	5,048,641	$	4,183,263