OTHER CURRENT ASSETS

12 Months Ended

Dec. 31, 2022

OTHER CURRENT ASSETS

OTHER CURRENT ASSETS

6.OTHER CURRENT ASSETS

Other current assets consist of the following:

	December 31,		December 31,
	2022		2021
Recoverable value-added taxes	$	2,689,170	$	4,197,620
Others		60,110		620,023
Less: provision for doubtful accounts		(6,874)		(20,621)
	$	2,742,406	$	4,797,022

For the years ended December 31, 2022, 2021, and 2020, provisions for doubtful accounts of other current assets were $nil, $56,341, and $nil, respectively, among which the Company wrote off other current assets of $nil, $35,976, and $nil. For the year ended December 31, 2022, the Company reversed provision for doubtful accounts of $12,483. Movement of allowance for doubtful accounts was as follows:

	December 31,		December 31,
	2022		2021
Balance at beginning of the year	$	20,621	$	—
Charge to expenses		—		56,341
Reversal of charges		(12,483)		—
Writing off of accounts receivable		—		(35,976)
Foreign exchange loss		(1,264)		256
Balance at end of the year	$	6,874	$	20,621