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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 60,390,172 $ 153,966,777
Restricted cash 92,461 130,024
Accounts receivable, net 2,646,333 565,398
Inventories 41,798,511 31,843,371
Prepayment and other current assets 18,339,914 16,138,330
Deferred cost - current 10,273 0
Amounts due from a related party $ 212,320 $ 366,936
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Total current assets $ 123,489,984 $ 203,010,836
Non-current assets:    
Long-term investment, net 4,959,769 5,325,741
Investment in equity securities 30,472,663 29,759,195
Property, plant and equipment, net 18,508,847 14,962,591
Intangible assets, net 6,439,333 4,563,792
Right-of-use assets 19,734,961 8,187,149
Deferred cost - non-current 207,974 0
Other non-current assets, net 2,232,206 2,039,012
Total non-current assets 82,555,753 64,837,480
Total Assets 206,045,737 267,848,316
Current liabilities:    
Accounts payable 3,364,228 3,383,021
Accrued expenses and other current liabilities 3,543,840 5,048,641
Contractual liabilities 3,314,661 2,388,480
Operating lease liabilities, current 4,303,890 1,313,334
Convertible promissory notes 11,904,153 57,372,827
Deferred government grant, current 53,046 26,533
Amounts due to related parties $ 41,302 $ 716,372
Other Liability, Current, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Total current liabilities $ 26,525,120 $ 70,249,208
Non-current liabilities:    
Deferred government grant, non-current 968,079 497,484
Derivative liability - investor warrant 12,205,830 14,334,104
Derivative liability - placement agent warrant 3,456,137 3,456,404
Operating lease liabilities, non-current 16,001,387 7,421,582
Total non-current liabilities 32,631,433 25,709,574
Total Liabilities 59,156,553 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 June 30, 2023 and December 31, 2022, respectively) 0 0
Additional paid in capital 399,517,411 397,497,817
Accumulated deficit (244,856,609) (219,824,176)
Accumulated other comprehensive loss (7,770,097) (5,306,972)
Total equity attributable to shareholders 146,890,705 172,366,669
Non-controlling interests (1,521) (477,135)
Total Equity 146,889,184 171,889,534
Total Liabilities and Equity $ 206,045,737 $ 267,848,316