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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 135,562 $ 15,752,704
Inventories 108,623 90,769
Accounts receivable, net 16,679,694 15,873,498
Accounts receivables - related party 1,906,101
Other receivables, net 2,976,482 14,329,614
Prepayments, net 1,803,783 457,832
Assets related to discontinued operation 2,281,567
Total current assets 21,704,144 50,692,085
Non-current assets:    
Operating lease, right-of-use asset 155,223 231,988
Prepayments 1,704,812 4,158,397
Property, plant and equipment, net 4,149,145 4,255,366
Intangible assets, net 6,916,107 14,252,575
Long-term investments 1,882,146 1,914,668
Deferred tax assets 119,127
Assets related to discontinued operation 67,054
Total non-current assets 14,807,433 24,999,175
Total assets 36,511,577 75,691,260
Current liabilities:    
Short-term loans - banks 860,915 4,623,540
Current maturities of long-term loans - third party 14,117
Taxes payable 3,287,640 6,574,325
Accounts payable 959,198 211,566
Other payables and accrued liabilities 11,389,737 1,746,260
Other payables - related party 186,503 25,837
Operating lease liabilities - current 97,054 242,046
Customer deposits 1,500,677
Convertible bonds payable 739,189
Liability related to discontinued operation 2,058,917
Total current liabilities 18,281,724 16,235,797
Non-current liabilities:    
Operating lease liability 62,057
Long-term loans   banks 517,590 505,755
Total other liabilities 579,647 505,755
Total liabilities 18,861,371 16,741,552
Shareholder’s equity    
Ordinary shares, $0.001 par value, 100,000,000 shares authorized, 53,823,831 shares issued and outstanding as of December 31, 2021 38,553,694 shares issued and outstanding as of December 31, 2020, 53,824 38,554
Additional paid-in capital 36,281,992 23,466,482
Statutory reserves 2,143,252 2,204,174
Retained earnings (25,748,542) 31,387,398
Accumulated other comprehensive loss 2,459,256 1,741,696
Total Blue Hat Interactive Entertainment Technology shareholders’ equity 15,189,782 58,838,304
Non-controlling interests 2,460,424 111,404
Total Equity 17,650,206 58,949,708
Total liabilities and shareholders' equity $ 36,511,577 $ 75,691,260