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INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 8,859,865 $ 4,698,135
Restricted cash 53,241,711 9,144,610
Account receivables, net 234,143 154,771
Prepayment and other current assets, net 512,664 279,387
Amount due from related parties 6,303,970 6,225,134
Loan receivables 2,172,766 2,609,748
Total current assets 71,325,119 23,111,785
Non-current assets    
Property and equipment, net 216,130 437,996
Intangible assets 22,414 22,504
Non-marketable investment 10,630,120 0
Deferred tax assets, net 548,156 638,860
Operating lease right-of-use assets 130,073 183,409
Other non-current assets 18,430 18,594
Total non-current assets 11,565,323 1,301,363
Total assets 82,890,442 24,413,148
Current liabilities    
Accrued expenses and other payables 1,073,795 728,088
Customer deposits 53,241,711 9,144,610
Advance from customers 21,895 17,412
Short-term borrowings from a third party 1,969,084 1,977,109
Amount due to a related party 6,422,608 6,448,784
Operating lease liabilities - current 76,719 72,367
Tax payables 11,009 106,354
Total current liabilities 62,816,821 18,494,724
Non-current liabilities    
Operating lease liabilities, non-current 41,714 103,379
Total non-current liabilities 41,714 103,379
Total liabilities 62,858,535 18,598,103
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Common stock (1,000,000,000 shares authorized; $0.001 par value; 13,957,353 shares issued and outstanding as of September 30, 2021; 11,271,379 shares issued and outstanding as of December 31, 2020) 13,957 11,271
Additional paid-in capital 30,431,500 6,358,115
Accumulated deficit (10,017,410) (226,311)
Accumulated other comprehensive loss (396,140) (328,030)
Total shareholders' equity 20,031,907 5,815,045
Total liabilities and shareholders' equity $ 82,890,442 $ 24,413,148