PREPAID EXPENSES

9 Months Ended

Sep. 30, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

PREPAID EXPENSES

NOTE 4 — PREPAID EXPENSES

Prepaid expenses consist of the following:

	September 30,		December 31,
	2022		2021
Prepayments to software vendors	$	150,603	$	157,060
Prepaid selling expenses		148,680		-
Prepaid subscription fees		69,749		53,413
Deferred offering expenses		-		180,630
Prepaid insurance premium		186,040		18,252
Others		63,883		35,050
Total	$	618,955	$	444,405

Deferred offering expenses, consisting of legal fees and road show expenses relating to the Company’s initial public offering, are capitalized and recorded on the balance sheet. The deferred offering expenses were reclassified to shareholders’ equity and recorded against the proceeds received upon the closing of the Company’s initial public offering on February 14, 2022.