XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.1
Investments - Additional Information (Details) - USD ($)
3 Months Ended 12 Months Ended
Jan. 28, 2021
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Feb. 01, 2022
Debt instrument amount funded for transaction   $ 1,666,667      
Part of transaction purchased, amount   $ 3,333,333      
Stock issued for warrants exercised     $ 9,544,623    
Common stock, par value   $ 0.001   $ 0.001  
Fair value   $ 2,106,082   $ 2,000,000  
Unrealized gain on convertible debt security   288,320      
Gain recognized on loan transaction     5,700,000    
Amount of loans receivables acquired     18,200,000    
Cost associated with acquisition of receivables loan     15,500,000    
Proceeds from sale of own shares     32,600,000    
Provision for investor     11,300,000    
Note payable - short-term (Note 3)   $ 57,344   $ 114,688  
Exercise of warrants     9,544,623    
Common stock, shares issued   13,091,883   13,017,943  
Class B Shares And Warrants [Member]          
Unrealized gain on convertible debt security   $ 100,000 4,500,000    
Stock Warrants [Member]          
Unrealized gain on convertible debt security   (1,000,000.0) (3,900,000)    
Stock Warrants [Member]          
Exercise of warrants     9,500,000    
IPO [Member]          
Percentage of sponsors initial risk 70.50%        
Proceeds from issuance initial public offering $ 103,500,000        
Gain or loss on equity investment in unconsolidated subsidiary   37,000 4,544,000    
IPO [Member] | Stock Warrants [Member]          
Private warrants hold by sponsors 5,738,000        
Private Placement Warrants [Member] | LMF Acquisition Opportunities Inc [Member] | Stock Warrants [Member]          
Warrant Exercise Price $ 1.00        
Proceeds from issuance of private placement $ 5,738,000        
LMFA Sponsor LLC [Member]          
Unrealized gain on convertible debt security   $ 1,023,659 $ 3,948,662    
Purchased aggregate of private placement warrants   5,738,000      
Investment warrants exercise price   $ 1.00      
Class A Common Stock [Member] | IPO [Member] | LMF Acquisition Opportunities Inc [Member]          
Common stock, par value $ 10.00        
Common stock, shares issued 10,350,000        
Gross proceeds from common stock issuance $ 103,500,000        
Class A Common Stock [Member] | LMFA Sponsor LLC [Member]          
Investment warrants exercise price   $ 11.50      
Class A And Class B Common Shares [Member] | IPO [Member]          
Percentage of common stock hold by sponsors 20.00%        
BORQS Technologies [Member]          
Marketable securities shares sold   4,895,894      
Proceeds from sale marketable securities   $ 1,428,100      
Realized loss on marketable securities   $ 395,200      
Symbiont IO [Member]          
Stock issued for warrants exercised, shares       700,000  
Common stock, par value       $ 3.0642  
Investment expiry date       Dec. 01, 2026  
Exercise of warrants       $ 2,000,000  
Symbiont IO [Member] | ROFR Agreement {Member]          
Debt Instrument, Interest Rate, Stated Percentage   16.00%      
Accrued interest income       27,178  
Common stock, par value   $ 3.0642      
Investment maturity date   Dec. 01, 2021      
Investment expiry date   Dec. 01, 2022      
LMF Acquisition Opportunities Inc [Member] | Class B Shares And Warrants [Member]          
Common stock, par value   $ 0.0001      
Investments in affiliates shares   5,738,000      
Warrant Exercise Price   $ 11.50      
Percentage of ownership in subsidiary   70.00%      
Value of shares under acquisition   $ 25,000      
Maximum [Member] | Symbiont IO [Member] | ROFR Agreement {Member]          
Note payable - short-term (Note 3)   3,000,000      
Convertible Debt Securities [Member]          
Accrued interest income   $ 17,753      
Short-term Investments | Convertible Debt Securities [Member]          
Convertible note       4,100,000  
Accrued interest income       131,760  
shares sold   4,567,321      
Realized gain (loss) on securities   $ (395,000)      
Remaining Convertible debt with Accrued Interest income       $ 965,096  
Common stock, par value       $ 0.25  
Sale of Stock, Price Per Share   $ 0.219      
Fair value   $ 845,424      
Unrealized gain on convertible debt security   288,320      
Short-term Investments | Convertible Debt Securities [Member] | Borqs Convertible Note Plus Accrued Interest          
Accrued interest income       $ 5,960,829  
Short-term Investments | Convertible Debt Securities [Member] | Remaining Borqs Convertible Note Plus Accrued Interest          
Converted common stock       3,863,200  
LMF Acquisition Opportunities Inc [Member]          
Debt instrument principal amount   5,000,000      
Senior notes   $ 20,000,000      
Debt instrument maturity month and year   2023-02      
Debt Instrument, Interest Rate, Stated Percentage   8.00%      
Debt instrument discount rate percentage   10.00%      
Debt instrument warrant coverage rate   90.00%      
Debt instrument convertible conversion price rate   110.00%      
Stock issued for warrants exercised, shares   2,922,078      
Unsecured Promissory Note [Member]          
Debt instrument principal amount         $ 500,000
Drawn amount   $ 310,000