| Summary of carrying amounts of right-of-use assets |
|
|
|
|
|
|
|
|
|
As of December 31, |
|
|
2021 |
|
2020 |
Right of use asset – buildings |
|
$ |
1,378,312 |
|
$ |
1,378,312 |
Right of use asset – office space |
|
|
58,412 |
|
|
58,412 |
Right of use asset – leaseholds |
|
|
992,410 |
|
|
992,410 |
Foreign currency translation |
|
|
(117,959) |
|
|
(39,007) |
Accumulated depreciation on right of use assets |
|
|
(1,233,934) |
|
|
(726,246) |
Right of use asset, net. |
|
$ |
1,077,241 |
|
$ |
1,663,881 |
|
|
|
|
|
|
|
|
|
|
As of December 31, |
|
|
2020 |
|
2019 |
Right of use asset – buildings |
|
$ |
1,378,312 |
|
$ |
1,378,312 |
Right of use asset – office space |
|
|
58,412 |
|
|
58,412 |
Right of use asset – leaseholds |
|
|
992,410 |
|
|
992,410 |
Foreign currency translation |
|
|
(39,007) |
|
|
— |
Accumulated depreciation on right of use assets |
|
|
(726,246) |
|
|
(235,061) |
Right of use asset, net. |
|
$ |
1,663,881 |
|
$ |
2,194,073 |
|
| Summary of maturity analysis of lease liabilities |
|
|
|
|
|
|
|
|
|
As of December 31, |
|
|
2021 |
|
2020 |
Within one year |
|
$ |
436,270 |
|
$ |
545,132 |
Two to five years |
|
|
298,594 |
|
|
660,034 |
Thereafter |
|
|
9,007,645 |
|
|
9,924,141 |
|
|
|
9,742,509 |
|
|
11,129,307 |
Less: finance charges component |
|
|
(8,411,649) |
|
|
(9,276,243) |
|
|
$ |
1,330,860 |
|
$ |
1,853,064 |
Lease liabilities, current |
|
$ |
436,271 |
|
$ |
545,132 |
Lease liabilities, non-current |
|
|
894,589 |
|
|
1,307,932 |
|
|
$ |
1,330,860 |
|
$ |
1,853,064 |
|
|
|
|
|
|
|
|
|
|
As of December 31, |
|
|
2020 |
|
2019 |
Within one year |
|
$ |
545,132 |
|
$ |
544,551 |
Two to five years |
|
|
660,034 |
|
|
1,214,787 |
Thereafter |
|
|
9,924,141 |
|
|
15,534,632 |
|
|
|
11,129,307 |
|
|
17,293,970 |
Less: finance charges component |
|
|
(9,276,243) |
|
|
(15,020,231) |
|
|
$ |
1,853,064 |
|
$ |
2,273,739 |
Lease liabilities, current |
|
$ |
545,132 |
|
$ |
544,551 |
Lease liabilities, non-current |
|
|
1,307,932 |
|
|
1,729,188 |
|
|
$ |
1,853,064 |
|
$ |
2,273,739 |
|