Short term investments

12 Months Ended

Dec. 31, 2021

Cash and Cash Equivalents [Abstract]

Short term investments

Note 5 — Short term investments

Short term investments consist of the following:

	Carrying Value at December 31, 2021		Fair Value Measurement at December 31, 2021
			Level 1		Level 2		Level 3
Short term investments	$	7,091,939	$	—	$	—	$	7,091,939

Short-term investments are investments in wealth management product with underlying in bonds offered by private entities and other equity   and debt products. The investments can be redeemed upon three months’ notice and their carrying values approximate their fair values. Gain from short term investments for the year ended December 31, 2021 amounted to $165,713. There were no short term investments for the years ended December 31, 2020 and 2019.