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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (808,683) $ (172,894)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 10,540 4,021
Changes in operating assets and liabilities:    
Receivables (309,067) (55,835)
Prepaid expenses (234,272) (34,846)
Inventory (115,357) (110,737)
Due from related parties 31,256 859
Lease security deposits (93,490) (692)
Accounts payable and accrued expenses 2,045 (2,327)
Customer deposits (11,028) 86,757
Advances from prospective customers/distributors (58,044) 0
Due to related parties 659,752 0
Net cash used in operating activities (926,348) (285,694)
Cash flows from investing activities:    
Purchases of property and equipment (586,890) (43,148)
Purchases of intangible assets 0 0
Net cash used in investing activities (586,890) (43,148)
Cash flows from financing activities:    
Capital Contributions to Yubo Beijing 127,164 504,892
Net cash provided by financing activities 127,164 504,892
Effect of exchange rate changes 82,975 (53,006)
Net increase (decrease) in cash (1,303,099) 123,044
Cash at beginning of period 1,382,525 1,262
Cash at end of period 79,426 124,306
Supplemental Cash Flow Information:    
Income taxes paid 0 0
Interest paid 0 0
Non-cash Investing Activities:    
Operating lease right of use asset acquired $ 2,002,641 $ 0