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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (DEFICIT) - USD ($)
Total
Ordinary shares
Class A ordinary shares
Ordinary shares
Class B ordinary shares
Treasury stock purchases
Preferred shares
Angle preferred shares
Additional paid in capital
Statutory Reserves
Accumulated other comprehensive income (loss)
Accumulated deficit
Non controlling interests
Redeemable non-controlling interest of sponsored fund
Beginning balance at Dec. 31, 2018 $ (25,877,957) $ 2,166 $ 3,376   $ 4,197 $ 42,520,332   $ (544,988) $ (66,391,306) $ (1,471,734) $ 2,204,940
Beginning balance (in shares) at Dec. 31, 2018   216,546,541 337,611,722   419,736,104            
Changes in equity                      
Issuance of Class A ordinary shares upon initial public offering, net of offering costs of US$3,462,099 114,765,901 $ 2,373       114,763,528          
Issuance of Class A ordinary shares upon initial public offering, net of offering costs of US$3,462,099 (in shares)   237,375,000                  
Conversion of convertible preferred shares to Class A ordinary shares upon initial public offering 122,700,922 $ 12,295     $ (4,197) 122,692,824          
Conversion of convertible preferred shares to Class A ordinary shares upon initial public offering (in shares)   1,229,518,986     (419,736,104)            
Issuance of Class A ordinary shares in relation to the acquisition of TradeUp Securities Inc(US) 3,000,000 $ 85       2,999,915          
Issuance of Class A ordinary shares in relation to the acquisition of TradeUp Securities Inc(US) (in shares)   8,508,390                  
Issuance of Class A ordinary shares upon settlement of share-based awards 201,010 $ 853       200,157          
Issuance of Class A ordinary shares upon settlement of share-based awards (in shares)   85,269,532                  
Share-based compensation 4,062,600         4,062,600          
Provision of statutory reserve             $ 724,008   (724,008)    
Foreign currency translation adjustment (321,433)             (321,433)      
Acquisition of additional equity interest from non-controlling shareholders           (1,471,734)       $ 1,471,734  
Investment in sponsored fund from non-controlling shareholders                     239,609
Net income (loss) (6,589,431)               (6,589,431)   639,573
Ending balance at Dec. 31, 2019 211,941,612 $ 17,772 $ 3,376     285,767,622 724,008 (866,421) (73,704,745)   3,084,122
Ending balance (in shares) at Dec. 31, 2019   1,777,218,449 337,611,722                
Changes in equity                      
Issuance of Class A ordinary shares upon settlement of share-based awards 5,317 $ 172       5,145          
Issuance of Class A ordinary shares upon settlement of share-based awards (in shares)   17,138,985                  
Share-based compensation 6,054,612         6,054,612          
Treasury stock purchases (in shares)       10,429,305              
Treasury stock purchases (2,172,819)     $ (2,172,819)              
Provision of statutory reserve             1,939,543   (1,939,543)    
Foreign currency translation adjustment 3,752,464             3,752,464      
Investment in sponsored fund from non-controlling shareholders                     4,251,549
Unrealized gain on available-for-sale securities 41,149             41,149      
Disposal of sponsored fund from non-controlling shareholders                     (10,450,123)
Net income (loss) 16,064,793               16,064,793   $ 3,114,452
Ending balance at Dec. 31, 2020 235,687,128 $ 17,944 $ 3,376 $ (2,172,819)   291,827,379 2,663,551 2,927,192 (59,579,495)    
Ending balance (in shares) at Dec. 31, 2020   1,794,357,434 337,611,722 10,429,305              
Changes in equity                      
Class B ordinary shares converted into Class A ordinary shares   $ 1,155 $ (1,155)                
Class B ordinary shares converted into Class A ordinary shares (in shares)   115,500,000 (115,500,000)                
Issuance of ordinary shares upon follow-on public offering 175,421,594 $ 1,121       175,420,473          
Issuance of ordinary shares upon follow-on public offering (in shares)   112,125,000                  
Issuance of Class A ordinary shares upon settlement of share-based awards 549,984 $ 379       549,605          
Issuance of Class A ordinary shares upon settlement of share-based awards (in shares)   38,004,705                  
Share-based compensation 13,370,377         13,370,377          
Provision of statutory reserve             899,337   (899,337)    
Foreign currency translation adjustment 1,839,022             1,839,022      
Unrealized gain on available-for-sale securities 1,899,605             1,899,605      
Equity component of convertible bonds 3,167,457         3,167,457          
Net income (loss) 14,690,701               14,690,701    
Ending balance at Dec. 31, 2021 $ 446,625,868 $ 20,599 $ 2,221 $ (2,172,819)   $ 484,335,291 $ 3,562,888 $ 6,665,819 $ (45,788,131)    
Ending balance (in shares) at Dec. 31, 2021   2,059,987,139 222,111,722 10,429,305