SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Concentration of credit risk (Details) |
12 Months Ended | ||
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Dec. 31, 2025
USD ($)
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Dec. 31, 2024
USD ($)
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Dec. 31, 2023
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| Concentration of risks | |||
| Cash and cash equivalents | $ 74,523,782 | $ 85,194,502 | |
| Concentration of credit risk | Cash and cash equivalents | Mainland of China | |||
| Concentration of risks | |||
| Cash and cash equivalents | 8,327,345 | 3,020,953 | |
| Concentration of credit risk | Cash and cash equivalents | Outside the mainland of China | |||
| Concentration of risks | |||
| Cash and cash equivalents | $ 66,196,437 | $ 82,173,549 | |
| Concentration of suppliers | Research and development services purchased | One supplier | |||
| Concentration of risks | |||
| Number of major supplier | item | 1 | 1 | 0 |
| Concentration of suppliers | Research and development services purchased | Another supplier | |||
| Concentration of risks | |||
| Concentration risk percentage | 17.40% | 17.20% | 10.00% |
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- Definition Represents the number of major supplier. No definition available.
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- Definition Amount of cash and cash equivalent. Cash includes, but is not limited to, currency on hand, demand deposit with financial institution, and account with general characteristic of demand deposit. Cash equivalent includes, but is not limited to, short-term, highly liquid investment that is both readily convertible to known amount of cash and so near maturity that it presents insignificant risk of change in value because of change in interest rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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