CONCENTRATIONS (Tables)

3 Months Ended

Mar. 31, 2023

CONCENTRATIONS [Abstract]

Customer and Purchase Concentration Risks

(a) Customers

The following table sets forth information as to each customer that accounted for 10% or more of net revenue for the three months ended March 31, 2023 and 2022.

	Three months ended					Three months ended
	March 31, 2023,					March 31, 2022,
Customer	Amount		% of Total			Amount		% of Total
A		339,874		10	%		-		-
B		100,211		*			291,780		16	%
C		-		-			550,954		30	%
D		-		-			415,558		23	%
Total	$	440,085		10	%	$	1,450,937		69	%

* Indicates below 10%.

The following table sets forth information as to each customer that accounted for 10% or more of total gross accounts receivable as of March 31, 2023 and December 31, 2022.

	As of March 31, 2023,					As of December 31, 2022,
Customer	Amount		% of Total			Amount		% of Total
C	$	397,064		*		$	395,360		16	%
E		392,094		*			410,321		16	%
F		1,216,491		26	%		1,197,023		47	%
G		941,745		20	%		12,338		*
Total	$	1,730,903		46	%	$	2,015,042		79	%

* Indicates below 10%.

(b) Suppliers

For the three months ended March 31, 2023 and 2022, the Company’s material suppliers, each of whom accounted for more than 10% of the Company’s total purchases, were as follows:

	Three months ended March 31, 2023,					Three months ended March 31, 2022,
Supplier	Amount		% of Total			Amount		% of Total
A	$	4,844,671		56	%	$	-		-
B		1,938		*			2,975,299		50	%
Total	$	4,846,609		56	%	$	2,975,299		50	%

* Indicates below 10%.

The following table sets forth information as to each supplier that accounted for 10% or more of total accounts payable as of March 31, 2023 and December 31, 2022.

	As of March 31, 2023,					As of December 31, 2022,
Supplier	Amount		% of Total			Amount		% of Total
B	$	422,191		14	%	$	420,100		12	%
C		692,528		24	%		577,621		17	%
Total	$	1,114,719		38	%	$	997,721		29	%