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PROPERTY, EQUIPMENT AND INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2021
Property Equipment And Intangible Assets [Abstract]  
Summary of property, equipment and intangible assets, net

 

 

 

As of December 31,

 

 

 

2020

 

 

2021

 

 

 

US$

 

 

US$

 

Electronic Equipment

 

 

2,385,263

 

 

 

6,292,614

 

Office Equipment

 

 

235,894

 

 

 

391,223

 

Leasehold improvement

 

 

100,417

 

 

 

752,194

 

Software

 

 

159,939

 

 

 

367,853

 

Less: accumulated depreciation

 

 

(1,252,714

)

 

 

(2,661,241

)

Property and equipment, net

 

 

1,628,799

 

 

 

5,142,643

 

Licenses

 

 

7,967,036

 

 

 

8,677,136

 

Trademark

 

 

125,285

 

 

 

128,281

 

Trading right

 

 

 

 

 

128,212

 

Less: accumulated amortization

 

 

(28,086

)

 

 

(44,620

)

Intangible assets, net

 

 

8,064,235

 

 

 

8,889,009

 

Total

 

 

9,693,034

 

 

 

14,031,652

 

 

Summary of Estimated Amortization Expenses for Intangible Assets The estimated amortization expenses for the above intangible assets for future years are as follows:

Years ending December 31,

 

Amortization for Intangible Assets

 

 

 

US$

 

2022

 

 

16,732

 

2023

 

 

16,732

 

2024

 

 

16,732

 

2025

 

 

16,732

 

2026

 

 

16,732

 

Total

 

 

83,660