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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:        
Net loss $ (1,145,267) $ (430,301) $ (711,801) $ (231,193)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:        
Depreciation and amortization 15,592 18,179 13,063 91
Changes in operating assets and liabilities:        
Receivables (203,511) (5,458) (2,316) 0
Prepaid expense (259,842) 19,794 34,929 (62,089)
Inventory (227,428) (83,607) (67,144) 0
Due from related parties 34,122 (64,580) (30,397) (399,251)
Lease security deposit (971) 3,378 (3,425) (83,386)
Accounts payable and accrued expenses (43,695) 120,852 101,175 0
Customer deposits (11,028) 15,378 11,028 0
Advances from prospective customers/distributors (10,447) 0 757,896 0
Due to related parties 895,301 (5,493) (1,901) 93,707
Net cash provided by (used in) operating activities (957,174) (411,858) 101,107 (682,121)
Cash flows from investing activities:        
Purchases of property and equipment (546,682) (53,330) (42,556) (36,983)
Purchases of intangible assets 0 (54,872) (54,912) 0
Net cash used in investing activities (546,682) (108,202) (97,468) (36,983)
Cash flows from financing activities:        
Capital Contributions to Yubo Beijing 127,164 520,351 634,756 723,861
Sale of ordinary shares on September 11, 2020 0 750,000 750,000 0
Net cash provided by financing activities 127,164 1,270,351 1,384,756 723,861
Effect of exchange rate changes 57,120 (2,113) (7,133) (3,640)
Net increase (decrease) in cash (1,319,572) 748,178 1,381,262 1,117
Cash at beginning of period 1,382,524 1,262 1,262 145
Cash at end of period 62,953 749,440 1,382,524 1,262
Supplemental Cash Flow Information:        
Income taxes paid 0 0 0 0
Interest paid 0 0 0 0
Non-cash Investing Activities:        
Operating lease right of use asset acquired $ 2,002,641 $ 0 $ 0 $ 688,631