LICENSE AGREEMENT (Details) - USD ($) |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
|
LICENSE AGREEMENT | |||
Cost of sales | $ 34,489,115 | $ 66,565,655 | $ 93,029,933 |
Accrued royalties to shareholder | 1,376,555 | 973,701 | |
Gross sales upon which royalties are based | 64,883,761 | 118,742,140 | 226,294,765 |
Royalty fees | |||
LICENSE AGREEMENT | |||
Cost of sales | $ 3,594,130 | $ 5,937,107 | $ 11,318,093 |
Royalty fees | Chief Executive Officer | |||
LICENSE AGREEMENT | |||
Royalty percentage on gross sales | 5.00% | ||
Royalty percentage on sales of sublicense | 50.00% |