Financial Instruments by Category

6 Months Ended

12 Months Ended

Jun. 30, 2024

Dec. 31, 2023

Financial Instruments by Category [Abstract]

FINANCIAL INSTRUMENTS BY CATEGORY

13. FINANCIAL INSTRUMENTS BY CATEGORY

The carrying amounts of each of the categories of financial instruments as at the end of the reporting period are as follows:

Financial assets at amortized cost

	As at June 30, 2024
	(Unaudited)
	US$
Accounts receivable		16,967,568
Financial assets included in deposits and other receivables		913,527
Pledged bank deposits		182,380
Cash and cash equivalents		56,497,277
		74,560,752

Financial liabilities

	Financial liabilities at fair value through profit or loss - designated as such upon initial recognition		Financial liabilities at amortized Cost		Total
	(Unaudited)		(Unaudited)		(Unaudited)
	US$		US$		US$
As at June 30, 2024
Accounts payable		-		25,267,065		25,267,065
Warrant liabilities		2,076,355		-		2,076,355
Lease liabilities		-		351,436		351,436
Financial liabilities included in other payables and accruals		-		6,876,704		6,876,704
		2,076,355		32,495,205		34,571,560

Financial assets at amortized cost

	As at December 31, 2023
	US$
Accounts receivable		17,236,384
Financial assets included in deposits and other receivables		808,679
Pledged bank deposits		188,745
Cash and cash equivalents		68,641,016
		86,874,824

Financial liabilities

	Financial liabilities at fair value through profit or loss - designated as such upon initial recognition		Financial liabilities at amortized cost		Total
	(Unaudited)		(Unaudited)		(Unaudited)
	US$		US$		US$
As at December 31, 2023
Accounts payable		-		23,839,894		23,839,894
Warrant liabilities		1,839,808		-		1,839,808
Lease liabilities		-		606,061		606,061
Financial liabilities included in
other payables and accruals		-		5,664,220		5,664,220
		1,839,808		30,110,175		31,949,983

31. FINANCIAL INSTRUMENTS BY CATEGORY

The carrying amounts of each of the categories of financial instruments as at the end of the reporting period are as follows:

2023

Financial assets at amortized cost

	2023
	US$
Accounts receivable		17,236,384
Financial assets included in deposits and other receivables		808,679
Pledged bank deposits		188,745
Cash and cash equivalents		68,641,016
		86,874,824

Financial liabilities

	Financial liabilities at fair value through profit or loss - designated as such upon initial recognition		Financial liabilities at amortized cost		Total
	US$		US$		US$
2023
Accounts payable		-		23,839,894		23,839,894
Warrant liabilities		1,839,808		-		1,839,808
Lease liabilities		-		606,061		606,061
Financial liabilities included in other payables and accruals		-		5,664,220		5,664,220
		1,839,808		30,110,175		31,949,983

2022

Financial assets at amortized cost

	2022
	US$
Accounts receivable		9,684,035
Financial assets included in deposits and other receivables		703,399
Pledged bank deposits		195,883
Cash and cash equivalents		24,077,695
		34,661,012

Financial liabilities

	Financial liabilities at fair value through profit or loss - designated as such upon initial recognition		Financial liabilities at amortized cost		Total
	US$		US$		US$
2022
Accounts payable		-		16,653,695		16,653,695
Other derivative financial instruments		2,796,131		-		2,796,131
Warrant liabilities		12,449,145		-		12,449,145
Lease liabilities		-		785,687		785,687
Financial liabilities included in other payables and accruals		-		4,513,530		4,513,530
Loan note		-		8,745,192		8,745,192
		15,245,276		30,698,104		45,943,380