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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities    
Net Loss from Operations $ (46,212,505) $ (119,017,591)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation 963,077 166,451
Amortization of Right-Of-Use Asset 747,975 611,253
Amortization of Debt Discount 450,000 50,871,869
Share-based Compensation and Expense 134,192
Impairment of Promissory Note 421,754
Foreign Exchange Transaction Loss (Gain) 547,845 (1,403,859)
Unrealized Loss on Securities Investment 7,794,139 1,959,664
Unrealized Loss on Securities Investment – Related Party 23,556,219 47,231,084
Realized Loss on Securities Investment 7,308,580 4,698,078
Loss on Exchange of Investment Securities 417,468
PPP Loan Forgiveness (68,502)
Director Compensation Adjustment (1,185,251)
Loss on Equity Method Investment 685,533 51,999
Changes in Operating Assets and Liabilities    
Real Estate (8,241,487) 4,810,464
Account Receivables (221,869) 849,413
Prepaid Expense 400,154 399,442
Deposits (295,585) (16,361)
Trading Securities (7,510,442) (14,426,785)
Inventory 13,164 34,991
Accounts Payable and Accrued Expenses (9,535,319) 9,663,367
Other Receivables - Related Parties (91,925)
Deferred Revenue (707,145) (2,199,477)
Operating Lease Liability (638,006) (293,525)
Builder Deposits (31,553) (1,230,783)
Net Cash Used in Operating Activities (31,855,435) (16,684,360)
Cash Flows from Investing Activities    
Purchase of Fixed Assets (599,650) (227,821)
Purchase of Real Estate Properties (6,057,493) (25,362,146)
Real Estate Improvements (767,237)
Purchase of Investment Securities (8,429,620) (19,390,318)
Proceeds from Investment Securities 103,809 110,718
Sales of Investment Securities to Related Party 2,480,000
Cash Loss of Deconsolidation of American Pacific Bancorp Inc. (1,235,953)
Issuing Loan Receivable - Related Party (377,864) (11,878,605)
Proceeds from Loan Receivable - Related Party 1,005,014 (539,876)
Net Cash Used in Investing Activities (15,123,041) (56,044,001)
Cash Flows from Financing Activities    
Proceeds from Common Stock Issuance 6,213,000 104,565,659
Proceeds from Exercise of Subsidiary Warrants 3,249,339
Proceeds from Sale of Subsidiary Shares 280,000
Dividend Paid on Subsidiary Preferred Stock (73,750)
Borrowing from PPP Loan 68,502
Borrowing from a Commercial Loan 123,633
Distribution to Non-controlling Interest Shareholders (2,549,750)
Repayment to Notes Payable (279,152) (610,767)
Proceeds from Note Payable - Related Parties 5,545,495
Repayment to Notes Payable - Related Parties (7,057,324)
Net Cash Provided by Financing Activities 6,057,481 103,417,404
Net (Decrease) Increase in Cash and Restricted Cash (40,920,995) 30,689,043
Effects of Foreign Exchange Rates on Cash (1,359,281) (1,622,343)
Cash and Restricted Cash - Beginning of Year 60,802,179 31,735,479
Cash and Restricted Cash- End of Year 18,521,903 60,802,179
Cash 17,827,383 56,061,309
Restricted Cash 694,520 4,740,870
Total Cash and Restricted Cash 18,521,903 60,802,179
Supplementary Cash Flow Information    
Cash Paid for Interest 1,853 20,154
Cash Paid for Taxes 446,757
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Unrealized Gain (Loss) on Investment 777,773 (57,179)
Initial Recognition of ROU / Lease Liability 1,702,514 256,928
Acquiring True Partner Stock by Issuing Promissory Note 10,003,689
Sale of Investment in Vivacitas to Related Party 2,279,872
Deconsolidate Alset Capital Acquisition 16,557,582
Intrinsic Value of BCF 450,000 (50,770,192)
Issuance of Stock by Exercising Warrants 3,895
Transactions under Common Control 57,190,499
Convert Related Party Note Payable to Common Stock 6,213,000 64,226,566
Deconsolidate American Pacific Bancorp Inc. 27,904,857
Gain from Exercise of American Premium Water Warrant 734,400
Purchase of Fixed Asset by Issuing Promissory Note $ 95,000