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

6 Months Ended

Jun. 30, 2024

OPERATING LEASE RIGHT OF USE ASSET AND LEASE LIABILITIES

Schedule of operating lease right of use assets

	As of
	June 30,			December 31,
	2024			2023
Balance as of beginning of the period/year	$	141,544		$	55,730
Add: Addition of lease liabilities (1)		124,778			113,279
Less: Amortization (2)		(20,700	)		(25,038	)
Foreign translation differences		(3,922	)		(2,427	)
Balance as of end of the period/year	$	241,700		$	141,544

Schedule of the operating lease liability

	June 30,			December 31,
	2024			2023
Balance as of beginning of the period/year	$	133,395		$	56,775
Add: Addition of lease liabilities (1)		124,778			113,279
Less: gross repayment		(23,169	)		(39,798	)
Add: imputed interest (3)		4,595			5,613
Foreign translation differences		(3,692	)		(2,474	)
Balance as of end of the year		235,907			133,395
Less: lease liability current portion		(53,210	)		(34,632	)
Lease liability non-current portion	$	182,697		$	98,763

Schedule of Amortization of Right of Use

	As of
	June 30,			December 31,
	2024			2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating lease	$	22,266			76,620
Right of use assets obtained in exchange for operating lease liabilities		241,700			141,544
Remaining lease term for operating lease (years)		4.92			4.50
		6.65	%
Weighted average discount rate for operating lease	$	6.65	%		6.53	%