Commitments and Contingencies

12 Months Ended

Dec. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Commitments and contingencies

Note 12 — Commitments and contingencies

Contingencies

From time to time, the Company may be subject to certain legal proceedings, claims and disputes that arise in the ordinary course of business. Although the outcomes of these legal proceedings cannot be predicted, the Company does not believe these actions, in the aggregate, will have a material adverse impact on its financial position, results of operations or liquidity.

Lease commitment

The Company has entered into non-cancellable operating lease agreements for several offices and dormitory spaces for its employees. The leases are expiring through 2022. The Company’s commitments for minimum lease payment under these operating leases as of December 31, 2020 are as follow:

Twelve months ending December 31,	Minimum lease payment
2021	$	204,442
2022		59,446
2023		21,567
Total	$	285,455

Rent expense for the years ended December 31, 2020, 2019 and 2018 were $305,832, $492,530 and $386,076, respectively.