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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ (10,786,982) $ 1,553,626 $ 3,978,195
Adjustments to reconcile net income from operations to net cash provided by (used in) operating activities:      
Depreciation and amortization 952,204 643,265 313,554
Provision for doubtful accounts 3,293,600 368,125 27,200
Share based compensation 2,351,890
Loss from disposal of property and equipment 18,916 1,994 7,414
Deferred tax (benefit) provision (224,511) (69,898) 27,907
Changes in assets and liabilities:      
Notes receivable 91,197 (322,288)
Accounts receivable 620,210 (3,606,159) (7,328,948)
Contract costs (3,022,727)
Prepayments, deposits and other assets 542,727 (766,322) 241,028
Accounts payable 3,772,182 4,949,114 4,018,111
Notes payable (465,598) 486,669
Salaries and benefits payable 395,781 (217,606) 22,248
Prepaid expense – related parties (812,579)
Taxes payable 13,160 (331,381) 445,865
Deferred revenue (69,719) 528,679 319,604
Customer deposits (3,861) (287,523) (784,317)
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (3,334,110) 2,930,295 1,287,861
CASH FLOWS FROM INVESTING ACTIVITIES:      
Loans to third parties (692,230) 844,554 (439,409)
Purchases of property and equipment (2,901,891) (2,162,385) (1,835,643)
Proceeds from disposal of property and equipment 53,870
NET CASH USED IN INVESTING ACTIVITIES (3,594,121) (1,317,831) (2,221,182)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from bank loans 1,592,300 1,588,742 221,965
Repayments of bank loans (1,519,955) (226,963)
Proceeds from Initial Public Offering 10,062,500
Payment of Initial Public Offering costs (2,040,513)
Payments to related parties (370,000) (763,288) (752,094)
Proceeds from related parties 159,944 44,393
Capital contribution by non-controlling shareholder 129
NET CASH PROVIDE BY (USED IN) FINANCING ACTIVITIES 7,884,405 598,491 (485,736)
EFFECT OF EXCHANGE RATE CHANGES (102,859) (249,345) 175,873
NET INCREASE (DECREASE) IN CASH AND RESTRICTED CASH 853,315 1,961,610 (1,243,184)
CASH AND RESTRICTED CASH- beginning of year 5,018,160 3,056,550 4,299,734
CASH AND RESTRICTED CASH  - end of year 5,871,475 5,018,160 3,056,550
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest 123,278 19,385 22,134
Income taxes 107,074 296,487 106,454
NON-CASH TRANSACTIONS OF INVESTING AND FINANCING ACTIVITIES      
Unpaid Furniture and fixture costs accrued 108,458
Reclassification of deferred offering costs to additional paid in capital 400,640
Warrants issued to placement agents in connection with the Company’s Initial Public Offering 356,200
Cash 5,699,106 4,348,635 2,958,674
Restricted cash 172,369 669,525 97,876
Total cash and restricted cash $ 5,871,475 $ 5,018,160 $ 3,056,550