PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

Prepaid Expense and Other Assets, Current [Abstract]

Summary of prepaid expenses and other assets

Prepaid expenses and other currents assets consisted of the following:

	As of December 31,
	2021		2022
	US$		US$
IPO distribution service and promotional and advertisement service receivables		3,588,851		2,518,877
Prepaid data and IT service expenses		2,226,216		1,810,778
Advances to employees		1,458,582		1,756,262
Wealth management service fees receivables		727,209		1,694,339
Prepaid income taxes		1,978,308		1,547,355
Prepaid marketing expenses		1,073,965		805,230
Rental and other deposits		1,885,272		784,871
Prepaid professional service fees		1,225,020		740,171
Input VAT receivables		529,985		289,560
Interest receivables from term deposits		117,392		45,172
Others		1,240,823		970,760
Total		16,051,623		12,963,375