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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows From Operating Activities    
Net loss $ (763,537) $ (1,339,444)
Net loss from discontinued operations 0 (326,531)
Net loss from continuing operations (763,537) (1,012,913)
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 17,751 15,442
Amortization of operating lease right-of-use assets 193,312 142,357
Stock compensation expense 12,870 53,789
Changes in bad debt allowance (3,460) (23)
Changes in operating assets and liabilities:    
Accounts receivable 346,053 2,307
Advance to suppliers 30,806 (74,345)
Inventories (125,945) 368,385
Operating lease liabilities (181,328) (136,337)
Other current assets 130,385 1,369
Accounts payable (253,162) (122,091)
Advance from customers (229,860) 28,944
Accrued liabilities and other payables (64,427) 33,024
Taxes payable 9,607 27,936
Net Cash Used in Continuing Operations (880,935) (672,156)
Net Cash Provided by Discontinued Operations 0 0
Net Cash Used in Operating Activities (880,935) (672,156)
Cash Flows From Investing Activities    
Cash received from sales of subsidiary, net of cash disposed of 0 (1,462,200)
Net Cash Used in Continuing Operations 0 (1,462,200)
Net Cash Provided by Discontinued Operations 0 0
Net Cash Used in Investing Activities 0 (1,462,200)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (222,573) 156,557
Net decrease in cash and cash equivalents (1,103,508) (1,977,799)
Cash and cash equivalents, beginning of period 8,744,784 8,885,398
Cash and cash equivalents, ending of year 7,641,276 6,907,599
Cash paid during period for:    
Income tax payments 62 0
Interest expense 1,453 1,596
Cash paid during period for:    
Income tax payments 0 0
Interest expense 0 0
Analysis of cash and cash equivalents    
Included in cash and cash equivalents per consolidated balance sheets 7,641,276 6,907,599
Included in assets of discontinued operations $ 0 $ 0