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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net loss including non-controlling interest $ (7,363,562) $ (1,245,767)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 28,797 36,320
Stock-based compensation 1,468,800
Amortization of debt issuance cost 1,939,490
Lease payment 7,623
Changes in assets and liabilities    
Decrease/(increase) in other receivables and prepayments (1,343,315) 350,172
Increase/(decrease) in accounts, taxes, and other liabilities 398,372 (100,279)
Net cash used in operating activities (4,863,795) (959,554)
Cash flows from investing activities    
Disposal of investments 3,009,206 331,372
Decrease/(increase) in short-term investments - related party (2,733,476) 968,277
(Purchase)/disposal of equipment and improvements (281,211) 66,772
Net cash provided by investing activities (5,481) 1,366,421
Cash flows from financing activities    
Proceeds from issuance of convertible notes, net 5,419,972
Decrease in related party payable (272,351)
Net cash (used in) provided by financing activities 5,419,972 (272,351)
Net Increase of Cash and Cash Equivalents 550,696 134,516
Effect of foreign currency translation on cash and cash equivalents 242,439 3,613
Cash and cash equivalents–beginning of year 982,538 15,926
Cash and cash equivalents–end of year 1,775,673 154,055
Supplemental cash flow disclosures    
Interest received 204,979 25,036
Interest paid 4
Income taxes paid $ 25,491 $ 397