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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,290,627) $ (1,347,234)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 35,958 5,409
Inventories impairment reserve 14,507
Allowance for doubtful accounts (43,799) (7,854)
Stock compensation 585,000
Lease expense 20,719
Amortization of discount of convertible promissory notes 1,607,105 294,958
Change in derivative liabilities 399,022
Change in operating assets and liabilities    
Accounts receivable (334,056) (127,747)
Advances to suppliers (387,940) 196,821
Prepayments and other receivables 281,718 (1,870,209)
Inventories (2,572,438) (267,692)
Operating lease-right of use assets 64,231  
Accounts payable, trade 2,803,460 1,956,384
Advances from customers 329,591 (240,114)
operating lease liabilities (95,368)  
Taxes payable (701,687) (51,117)
Other payables and accrued liabilities (46,085) 189,621
Net cash used in operating activities from continuing operations (1,729,711) (869,752)
Net cash provided by operating activities from discontinued operations   70,973
Net cash used in operating activities (1,729,711) (798,779)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash received from acquisition of Guanzan Group 95,220
Cash received from acquisition of Guoyitang Hospital 28,457
Cash received from acquisition of Zhongshan Hospital 46,748  
Purchase of property, plant, and equipment (36,100)
Net cash provided by investing activities 39,105 95,220
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from short-term loan 462,773
Repayment of long-term loan (295,404)
Net proceeds from issuance of convertible promissory notes 4,065,000 593,224
Repayment of short-term loans (4,419)  
Amount financed from (to) related parties 164,067 297,599
Net cash provided by financing activities from continuing operations 4,392,017 890,823
Net cash used in financing activities from discontinued operations   (47,487)
Net cash provided by financing activities 4,392,017 843,336
EFFECT OF EXCHANGE RATE ON CASH (1,295) (280)
INCREASE IN CASH 2,700,116 139,497
CASH AND CASH EQUIVALENTS, beginning of period 135,308 36,674
CASH AND CASH EQUIVALENTS, end of period 2,835,424 176,171
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for income tax 86,153
Cash paid for interest expense, net of capitalized interest 47,696
NON-CASH TRANSACTIONS OF INVESTING AND FINANCING ACTIVITIES    
Issuance of common share for equity acquisition of Guoyitang Hospital 2,000
Issuance of common share for equity acquisition of Zhongshan Hospital 2,000
Issuance of common share for equity acquisition of Guanzan Group 2,717,000
Goodwill recognized from equity acquisition of Guanzan Group 6,443,170
Goodwill recognized from equity acquisition of Zhongshan Hospital 10,433,494
Goodwill recognized from equity acquisition of Guoyitang Hospital 7,154,392
Outstanding payment for the equity acquisition of Boqi Zhengji Group 5,655,709
Outstanding payment for equity acquisition of Guanzan Group 3,065,181
Outstanding payment for equity acquisition of Guoyitang Hospital 6,100,723
Outstanding payment for equity acquisition of Zhongshan Hospital $ 6,100,723