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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue        
Listing fee $ 320,173   $ 877,267 $ 557,789
Commission 1,083,976 $ 568,853 2,090,372 2,657,989
Management fee 1,124,528 116,612 1,483,641 330,138
Consultancy service fee 80,000 0 80,000  
Total revenue 2,608,677 685,465 4,531,280 3,545,916
Cost of revenue (719,826) (393,990) (1,424,528) (1,804,566)
Gross profit 1,888,851 291,475 3,106,752 1,741,350
Operating expenses:        
General and administrative expenses (3,817,635) (617,228) (12,783,107) (2,657,403)
Selling expense (48,511) (174,379) (284,980) (278,953)
Total operating expenses (3,866,146) (791,607) (13,068,087) (2,936,356)
Loss from operations (1,977,295) (500,132) (9,961,335) (1,195,006)
Other income and expenses:        
Other income 59,673 55,497 81,754 158,941
Loan interest expense (86,823) (21,678) (86,823) (100,038)
Exchange gain 95,657 547,760 265,790 344,275
Total other income 68,507 581,579 260,721 403,178
(Loss) income before provision for income taxes (1,908,788) 81,447 (9,700,614) (791,828)
Income tax expense (benefit) 83,892 (631) 90,485 94,225
Net (loss) income (1,992,680) 82,078 (9,791,099) (886,053)
Foreign currency translation adjustment (34,280) (38,371) (68,110) (48,747)
Comprehensive (loss) income $ (2,026,960) $ 43,707 $ (9,859,209) $ (934,800)
(Loss) income per common share - basic $ (0.16) $ 0.01 $ (0.82) $ (0.08)
(Loss) income per common share - diluted $ (0.16) $ 0.01 $ (0.82) $ (0.08)
Weighted average number of common shares outstanding -basic 12,689,317 11,271,379 11,897,019 11,261,694
Weighted average number of common shares outstanding -diluted 12,689,317 11,271,379 11,897,019 11,261,694