| 2023 | 2022 | |||||||||
| Note | US$ | US$ | ||||||||
| Revenue | 4 | 6,164,173 | 4,992,034 | |||||||
| Other income | 5 | 169,819 | 396,373 | |||||||
| Cost of inventory | (977,619) | (1,093,194) | ||||||||
| Logistics costs | (925,225) | (689,762) | ||||||||
| Depreciation of property, plant and equipment | (1,501,809) | (1,661,403) | ||||||||
| Amortization of intangible assets | (853,030) | (638,849) | ||||||||
| Employee benefits expense | 7 | (1,364,214) | (933,124) | |||||||
| Finance expense | 8 | (388,717) | (246,359) | |||||||
| Other operating expenses | 6 | (2,102,392) | (1,527,827) | |||||||
| Listing expenses | 25 | (93,067,324) | (981,701) | |||||||
| Loss before income tax | (94,846,338) | (2,383,812) | ||||||||
| Income tax expense | 9 | (133,000) | (8,000) | |||||||
| Net loss and comprehensive loss | (94,979,338) | (2,391,812) | ||||||||
| Items that will not be reclassified subsequently to profit or loss: | ||||||||||
| Net (loss)/surplus on revaluation of leasehold land and buildings | (186,684) | 8,016,869 | ||||||||
| Items that may be reclassified subsequently to profit or loss: | ||||||||||
| Exchange difference on revaluation of leasehold land and buildings | 337,283 | 52,737 | ||||||||
| Total comprehensive (loss)/income | (94,828,739) | 5,677,794 | ||||||||
| Basic and diluted loss per share | (14.69) | (0.37) | ||||||||
| 2023 | 2022 | |||||||
| US$ | US$ | |||||||
| Salaries, wages and bonuses | 2,258,195 | 1,571,124 | ||||||
| Directors’ remuneration | 272,659 | 211,853 | ||||||
| Directors’ fees | 52,252 | - | ||||||
| Employer’s contribution to defined contribution plans including Central Provident Fund | 142,749 | 107,263 | ||||||
| Other short term benefit | 26,943 | 54,077 | ||||||
| Employee benefits expense, gross | 2,752,798 | 1,944,317 | ||||||
| Less: Amount capitalized as internal development of intangible assets | (1,388,584) | (1,011,193) | ||||||
| Employee benefits expense | 1,364,214 | 933,124 | ||||||
