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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ (5,253,026) $ 414,826
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation expenses 64,398 80,297
Amortization of debt issuance costs 3,051 4,358
Non-cash lease expense 207,549 254,848
Deferred income taxes (5,843) 85,004
Share-based compensation 1,225,477
Changes in assets and liabilities:    
Accounts receivable, net 168,021 (634,711)
Prepaid expenses (56,553) (177,880)
Other assets (142,967) 34,568
Accounts payable and accrued expenses (96,238) 684,960
Accrued payroll and other employee costs 59,059 63,126
Due to related party 3,098
Operating lease liabilities (213,691) (265,984)
Finance lease liabilities (370) (961)
Income tax payables (7,704) 2,092
Deferred revenue 45,938 639,643
Other liabilities (206,569) 55,064
Net cash flows provided by (used in) operating activities (4,206,370) 1,239,250
Cash flows from investing activities:    
Purchases of property and equipment (41,672) (24,675)
Advance and loan provided to related parties (126,390)
Repayment of loan provided to related party 33,042
Net cash flows used in investing activities (8,630) (151,065)
Cash flows from financing activities:    
Proceeds from initial public offering, net of issuance cost 13,602,554
Proceeds from issuance of common shares prior to initial public offering 220,572
Repurchase of common shares (3,500,000)
Payments for finance leases (29,051) (42,941)
Proceeds from long-term debt 258,087
Repayment of long-term debts (699,407) (770,181)
Repayment of insurance premium financing (298,886)
Payments for debt issuance costs (1,030) (3,033)
Payment for mandatorily redeemable financial interest (430,489)
Net cash flows provided by (used in) financing activities 9,122,350 (816,155)
Effect of exchange rate changes (200,981) (239,423)
Net change in cash and cash equivalents 4,706,369 32,607
Cash and cash equivalents - beginning of the period 3,136,839 3,058,175
Cash and cash equivalents - end of the period 7,843,208 3,090,782
Supplemental cash flow disclosure:    
Interest paid 38,387 22,100
Income taxes paid 3,013 9,738
Non-cash investing and financing transactions    
Remeasurement of the lease liability and right-of-use asset due to lease modification 225,983
Payroll withheld as repayment of loan receivable from employees 12,034 9,399
Expense paid by related party on behalf of the Company 107,178
Reclassification of non-controlling interest to mandatorily redeemable financial interest 447,986
Liabilities assumed in connection with purchase of property and equipment 17,731
Share repurchase liability settled by issuance of common shares 16
Deferred offering costs recognized against the proceeds from the offering 178,847
Insurance premium financing $ 388,538