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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Non-current assets    
Intangible assets, net $ 14,797,196 $ 11,736,540
Property and equipment, net 153,973 178,561
Goodwill 5,577,926 5,078,090
Total non-current assets 20,529,095 16,993,191
Current assets    
Amount due from associate 7,208,700 5,673,700
Accounts receivable 3,966,086 2,618,494
Right to use assets - operating lease 91,571 364,234
Prepayment, deposit and other receivables 804,011 206,443
Financial assets held for resale 681 594,263
Restricted cash 22,513 10,889
Cash and cash equivalents 1,563,752 3,478,889
Total current assets 13,657,314 12,946,912
Total assets 34,186,409 29,940,103
Current Liabilities    
Accounts payable 2,293,858 1,009,204
Accruals and other payables 1,804,131 1,110,732
Deferred revenue 10,500 46,857
Lease liability - operating lease 91,571 364,234
Convertible promissory notes 2,911,000
Amount due to director 77,500
Deposits received for share to be issued 401,028
Total current liabilities 4,601,088 5,519,527
Non-Current Liabilities    
Other loan 10,000 10,000
Notes payable 507,068
Total non-current liabilities 10,000 517,068
Total liabilities 4,611,088 6,036,595
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value, 250,000,000 shares authorized, 26,350,756 and 15,557,439 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively [1] 2,635 1,556
Additional paid-in capital 82,473,004 66,739,895
Capital reserves 29,349,795 19,285,383
Accumulated deficit brought forward (82,250,113) (62,123,326)
Total stockholder’s equity 29,575,321 23,903,508
Total liabilities and stockholders’ equity $ 34,186,409 $ 29,940,103
[1] The number of shares of common stock has been retroactively restated to reflect the 1 for 13 reverse stock-split on February 25, 2020.