OPERATING LEASE RIGHT OF USE ASSET AND LEASE LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2023

OPERATING LEASE RIGHT OF USE ASSET AND LEASE LIABILITIES

Schedule of operating lease right of use assets

Operating lease right of use assets as follows:	As of
	March 31,			December 31,
	2023			2022
Balance as of beginning of the year	$	55,730		$	41,090
Add: Addition of lease liabilities		-			32,281
Less: Amortization		(3,954	)		(15,534	)
Foreign translation differences		(341	)		(2,106	)
Balance	$	51,436		$	55,730

Schedule of the operating lease liability

Operating lease liabilities as follows:
	March 31,			December 31,
	2023			2022
Balance as of beginning of the year	$	56,775		$	42,909
Add: Addition of lease liabilities		-			30,770
Less: gross repayment		(4,875	)		(19,618	)
Add: imputed interest		855			4,913
Foreign translation differences		(346	)		(2,199	)
Balance as of end of the year		52,409			56,775
Less: lease liability current portion		(16,733	)		(16,569	)
Lease liability non-current portion	$	35,676		$	40,206

Schedule of Amortization of Right of Use

Other information:	As of
	March 31, 2023			December 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating lease	$	(4,366	)	$	(126,686	)
Right of use assets obtained in exchange for operating lease liabilities		51,436			55,730
Remaining lease term for operating lease (years)		3.75			4
Weighted average discount rate for operating lease	$	6.40	%	$	6.40	%