Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Summary of Significant Accounting Policies

Summary of Separation-related adjustments

		As of December 31,			Separation-Related			As of January 1,
​		2021			Adjustment			2022
ASSETS		​						​
Current assets:
Cash and equivalents	$	14,376,523		$	(8	)	$	14,376,515
Related party receivables		220,000			-			220,000
Other current assets		6,274,397			(8,567	)		6,265,830
Total current assets		20,870,920			(8,575	)		20,862,345
Capitalized software, net		699,753			(699,753	)		-
Total assets	$	21,570,673		$	(708,328	)	$	20,862,345
LIABILITIES AND NET PARENT EQUITY
Current liabilities:
Accounts payable		877,641			(718,232	)		159,409
Related party payables		8,642,340			1,110,032			9,752,372
Derivative financial instruments		32,226			(32,226	)		-
Other payables		616,156			(94,361	)		521,795
Total current liabilities		10,168,363			265,213			10,433,576
Other noncurrent payables		702,921			(297,921	)		405,000
Total liabilities		10,871,284			(32,708	)		10,838,576
Net parent equity:
Net parent investment		10,731,615			(707,846	)		10,023,769
Accumulated other comprehensive loss		(32,226	)		32,226			-
Total net parent equity		10,699,389			(675,620	)		10,023,769
Total liabilities and net parent equity	$	21,570,673		$	(708,328	)	$	20,862,345

Schedule of Restricted Stock Units (“RSUs”), valuation assumptions

		May 9,			October 31,
		2022			2022
Share Price (SO) - US$	$	11.32		$	10.58
Maturity Date		05/09/27			05/09/27
Time (T) - Years		4.98			4.50
Strike Price (X)	$	-		$	-
Risk-free Rate (r)		2.95	%		4.05	%
Volatility (σ)		47.17	%		51.91	%
Dividend Yield (q)		0.00	%		0.00	%
RSU Value (US$)	$	17.01		$	15.93