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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 91,847,734 $ 153,966,777
Restricted cash 92,461 130,024
Accounts receivable, net 2,732,834 565,398
Inventories 36,546,917 31,843,371
Prepayment and other current assets 15,596,764 16,138,330
Deferred cost- current 20,026 0
Amounts due from related parties $ 343,353 $ 366,936
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Total current assets $ 147,180,089 $ 203,010,836
Non-current assets:    
Long-term investment, net 5,239,512 5,325,741
Investment in equity securities 30,412,211 29,759,195
Property, plant and equipment, net 17,265,446 14,962,591
Intangible assets, net 4,558,185 4,563,792
Right-of-use assets 13,865,063 8,187,149
Deferred Costs, Noncurrent 243,251 0
Other non-current assets, net 2,306,597 2,039,012
Total non-current assets 73,890,265 64,837,480
Total Assets 221,070,354 267,848,316
Current liabilities:    
Accounts payable 2,899,119 3,383,021
Accrued expenses and other current liabilities 3,668,415 5,048,641
Contractual liabilities 2,656,151 2,388,480
Operating lease liabilities, current 2,779,279 1,313,334
Convertible promissory notes 17,903,274 57,372,827
Deferred government grant, current 56,009 26,533
Amounts due to related parties $ 46,900 $ 716,372
Other Liability, Current, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Total current liabilities $ 30,009,147 $ 70,249,208
Non-current liabilities:    
Deferred government grant, non-current 1,036,172 497,484
Derivative liability - investor warrant 12,392,632 14,334,104
Derivative liability - placement agent warrant 3,457,067 3,456,404
Operating lease liabilities, non-current 11,640,499 7,421,582
Total non-current liabilities 28,526,370 25,709,574
Total Liabilities 58,535,517 95,958,782
Commitments and contingencies
EQUITY    
Ordinary shares (No par value; 304,449,091 and 300,841,995 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively) 0 0
Additional paid in capital 398,262,089 397,497,817
Accumulated deficit (230,782,125) (219,824,176)
Accumulated other comprehensive loss (4,945,127) (5,306,972)
Total equity attributable to shareholders 162,534,837 172,366,669
Non-controlling interests 0 (477,135)
Total Equity 162,534,837 171,889,534
Total Liabilities and Equity $ 221,070,354 $ 267,848,316