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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ 216,086 $ (159,067)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation expenses 12,263 3,716
Amortization 26,785 0
Bad debt provision 0  
Free rental expense offered by a stockholder 0 0
Deferred income tax (21,548) (929)
Share-based compensation 14,999 18,349
Changes in operating assets and liabilities:    
Accounts receivable, net (212,665) 184,835
Inventories (22,467) (141,479)
Advance to suppliers (1,420) 46,209
Prepaid expenses and other assets, net (65,811) 3,494
Operating lease right-of-use asset 12,535 (152,583)
Accounts payable 13,406 53,288
Advance from customers 131,555 0
Other payables and accrued liabilities 2,608 (114,920)
Income tax payable 17,885 (4,842)
Deferred revenue (365,693) (11,474)
Operating lease liability 131 8,409
Amount due from a related party 0 0
Net cash used in operating activities (241,351) (266,994)
Cash flows from financing activities:    
Bank borrowing (15,343) 0
Proceeds from related parties 708,538 312,762
Repayment to related parties 0 (17,342)
Proceeds from issuance of common stock 0 250
Repayment for convertible note 0 (3,465)
Net cash provided by financing activities 693,195 292,205
Effect of exchange rate changes on cash and cash equivalents 16,112 (8,992)
Net increase in cash and cash equivalents 467,956 16,219
Cash and cash equivalents at beginning of year 28,539 7,207
Cash and cash equivalents at end of year 496,495 23,426
Supplemental disclosures of cash flow information    
Cash paid for interest expenses 0 7,876
Cash paid for income taxes $ 0 $ 5,592