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GOODWILL
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL
5.
GOODWILL

 

The changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2022 are as follows:

 

 

For the years ended,

 

 

2021

 

 

2022

 

 

US$

 

 

US$

 

Balance at the beginning of year

 

 

2,421,403

 

 

 

2,492,668

 

Increase in goodwill related to acquisitions during the year (Note 2)

 

 

71,265

 

 

 

Impairment loss

 

 

 

 

Balance at the end of year

 

 

2,492,668

 

 

 

2,492,668

 

As of December 31, 2021 and 2022, there had not been any accumulated goodwill impairment provided.