XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES        
Net Cash used in Operating Activities     $ (1,123,906) $ (5,225,829)
INVESTING ACTIVITIES        
Purchases of property and equipment     (107,520) (199,728)
Purchases of available-for-sale securities     (5,545,313) (6,943,373)
Proceeds from sales of available-for-sale securities $ 1,684,014   1,684,014 14,941,147
Proceeds from redemptions of fixed maturity investments 21,047,547 $ (17,931) 21,650,652 3,082,081
Proceeds from maturities of fixed maturity investments 0 500,000 2,336,000 1,705,000
Net Cash provided by Investing Activities     20,017,833 12,585,127
FINANCING ACTIVITIES        
Purchase of shares by subsidiary, net     (55,917) 5,170
Net Cash (used in) provided by Financing Activities     (55,917) 5,170
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH     18,838,010 7,364,468
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD     10,696,236 7,759,615
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD $ 29,534,246 $ 15,124,083 $ 29,534,246 $ 15,124,083