Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

FAIR VALUE INFORMATION (Tables)

v3.23.1
FAIR VALUE INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2022
SUMMARY OF FINANCIAL ASSETS AND LIABILITIES BY LEVEL WITHIN THE FAIR VALUE HIERARCHY

As of December 31, 2022 and 2021, the Company’s financial assets and liabilities by level within the fair value hierarchy are as follows:

 

    Level 1     Level 2     Level 3     Total  
    As of December 31, 2022  
    Level 1     Level 2     Level 3     Total  
FINANCIAL ASSETS                                
Cash and Restricted Cash   $ 16,829,385     $ —     $ —     $ 16,829,385  
                                 
FINANCIAL LIABILITIES                                
Contingent liabilities     —       —       36,488,594       36,488,594  

 

    Level 1     Level 2     Level 3     Total  
    As of December 31, 2021  
    Level 1     Level 2     Level 3     Total  
FINANCIAL ASSETS                                
Cash   $ 1,784,938     $ —     $ —     $ 1,784,938