ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2023

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities are summarized as follow:

	December 31, 2023		December 31, 2022
Accrued litigation compensation	$	1,773,007	$	1,590,484
Accrued expenses		961,914		797,969
Other taxes payable		732,685		118,469
Employee payroll and welfare payables		621,605		452,904
Accrued professional fees		36,505		919,525
Payable for purchasing the factory		-		588,645
Interest expense of convertible loans		-		383,250
Credit card payable		106,650		22,908
Others		31,521		174,487
Total	$	4,263,887	$	5,048,641