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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS [Abstract]        
Net revenues $ 4,237,520 $ 3,204,689 $ 7,708,064 $ 5,035,322
Cost of goods sold (3,090,275) (3,036,237) (6,366,075) (4,503,840)
Gross profit 1,147,245 168,452 1,341,989 531,482
OPERATING EXPENSES:        
Selling and marketing expenses (2,742,749) (1,531,460) (4,611,734) (2,626,568)
General and administrative expenses (9,285,213) (12,014,453) (16,643,477) (20,226,284)
Research and development expenses (2,143,070) (1,389,153) (3,712,989) (1,814,512)
Total operating expenses (14,171,032) (14,935,066) (24,968,200) (24,667,364)
Loss from operations (13,023,787) (14,766,614) (23,626,211) (24,135,882)
OTHER EXPENSE:        
Interest income (expense), net 1,262 222,672 (53,153) 286,873
(Loss) income from long-term investment (148,645) 4,941 (129,603) 10,878
Impairment of long-term investment (8,538) 0 (1,154,666) 0
Gain (loss) on redemption of convertible promissory notes 1,900 0 (101) 0
Loss on exercise of warrants (14,745) 0 (227,615) 0
Change in fair value of convertible promissory notes and derivative liability 199,698 0 73,425 0
Change in fair value of equity securities 60,452 0 713,468 0
Other (expense) income, net (1,119,295) 784,220 (761,219) 734,981
Loss before income taxes (14,051,698) (13,754,781) (25,165,675) (23,103,150)
Income tax (expense) benefit (25,468) 48,861 (25,468) 48,861
Net loss (14,077,166) (13,705,920) (25,191,143) (23,054,289)
Less: net loss attributable to non-controlling interests (2,682) (633,922) (158,710) (670,641)
Net loss attributable to the Company's shareholders (14,074,484) (13,071,998) (25,032,433) (22,383,648)
OTHER COMPREHENSIVE LOSS        
Foreign currency translation adjustment (2,824,971) (4,078,240) (2,487,693) (3,825,086)
Total comprehensive loss (16,902,137) (17,784,160) (27,678,836) (26,879,375)
Less: total comprehensive loss attributable to non-controlling interests (2,683) (483,216) (183,278) (540,805)
Total comprehensive loss to the Company's shareholders $ (16,899,454) $ (17,300,944) $ (27,495,558) $ (26,338,570)