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PREPAID EXPENSES AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2024
Prepaid Expense and Other Assets, Current [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS
3.
PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other currents assets consisted of the following:

 

As of December 31,

 

 

2023

 

 

2024

 

 

US$

 

 

US$

 

IPO distribution service and promotional and advertisement service receivables

 

 

2,707,740

 

 

 

5,197,266

 

Wealth management service fees receivables

 

 

1,823,331

 

 

 

2,666,704

 

Advances to employees

 

 

2,190,106

 

 

 

2,392,161

 

Prepaid data and IT service expenses

 

 

2,741,338

 

 

 

2,051,802

 

Prepaid income tax

 

 

2,178,658

 

 

 

1,084,146

 

Prepaid professional service fees

 

 

1,008,341

 

 

 

822,870

 

Interest receivables from term deposits

 

 

611,083

 

 

 

732,696

 

Prepaid marketing expenses

 

 

552,565

 

 

 

703,045

 

Rental and other deposits

 

 

611,140

 

 

 

693,558

 

Input VAT receivables

 

 

569,813

 

 

 

137,066

 

Others

 

 

2,942,065

 

 

 

1,148,505

 

Total

 

 

17,936,180

 

 

 

17,629,819