XML 27 R12.htm IDEA: XBRL DOCUMENT v3.22.1
PREPAID EXPENSES AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2021
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,

 

 

 

2020

 

 

2021

 

 

 

US$

 

 

US$

 

IPO distribution service and promotional and advertisement service receivables

 

 

5,360,831

 

 

 

3,588,851

 

Prepaid data and IT service expenses

 

 

1,315,469

 

 

 

2,226,216

 

Prepaid income taxes

 

 

—

 

 

 

1,978,308

 

Rental and other deposits

 

 

391,625

 

 

 

1,885,272

 

Advances to employees

 

 

825,682

 

 

 

1,458,582

 

Prepaid professional service fees

 

 

998,235

 

 

 

1,225,020

 

Prepaid marketing expenses

 

 

402,724

 

 

 

1,073,965

 

Wealth management service fees receivables

 

 

—

 

 

 

727,209

 

Input VAT receivables

 

 

1,174,934

 

 

 

529,985

 

Interest receivables from term deposits

 

 

429,454

 

 

 

117,392

 

Others

 

 

315,476

 

 

 

1,240,823

 

Total

 

 

11,214,430

 

 

 

16,051,623