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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 18,675,548 $ (627,870)
Adjustments for:    
Depreciation and amortization 104,192 25,559
Impairment of intangible assets 77,264
Changes in:    
Accounts receivable (1,693,208)
Other receivables (91,537) (16,876)
Inventories (9,283,784) 7,672
Prepayment 107,284 4,616
Advance to suppliers (3,919,042)
Accounts payable (1,928,315) (4,864)
Income tax payables (132,221) 24,208
Other payables and accruals 44,542 119,498
Advance from customers 396,139 (436,297)
Amount due from/to related parties (991,065) 864,845
Net cash provided by operating activities 1,288,533 37,755
Cash flows from investing activities:    
Additions to leasehold improvements and equipment (117,812) (2,800)
Additions to intangible assets (108,490)
Cash acquired from business combination 48,689
Net cash used in investing activities (177,613) (2,800)
Effect of exchange rate changes on cash and cash equivalents 18,028 3,516
Net increase in cash and cash equivalents 1,128,948 38,471
Cash and cash equivalents at the beginning of year 61,517 23,046
Cash and cash equivalents at the end of the year 1,190,465 61,517
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease obligations $ 94,486 $ 383,203