ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

6 Months Ended

Jun. 30, 2023

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

NOTE－12 ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Accounts payable consisted of the following:       

	June 30, 2023		December 31, 2022
Accounts payable	$	1,732,961	$	1,296,571
Accrued liabilities and other payables- Related Party (a)		—		43,360
Accrued liabilities and other payables (b)		6,500,647		8,281,865
Other Accounts payable		6,500,647		8,325,225
Total Accounts payable	$	8,233,608	$	9,621,796

Accounts payable includes significant third parties balance of $532,752 acquired from Gorilla business through business combination on May 31, 2022.

(a) The amount represented due to one related party in respect to unpaid salaries and amounted to $0 and $3,360 as of June 30, 2023 and December 31, 2022, respectively.

(b) Accrued liabilities and other payables consisted of the following:

	June 30, 2023		December 31, 2022
Accrued payroll	$	378,169	$	1,023,549
Accrued VAT expenses		45,111		6,801
Accrued taxes		1,061,303		1,653,284
Customer deposit		566,338		1,155,695
Customer refund		246,051		1,146,409
Other payables (c)		1,107,741		994,213
Other accrual (d)		3,095,934		2,301,914
Total Accrued liabilities	$	6,500,647	$	8,281,865

(c) Included in these balances on June 30, 2023 and December 31, 2022 is a $0 and $75,000, respectively, accrual related to an accrued contingency associated with a lawsuit filed against the Company. In 2023, the Company settled this lawsuit for $15,000.

(d) The June 30, 2023 and December 31, 2022, balance includes refund provision, income tax provision and other operation accruals.