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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 5,456,778 $ 7,378,920
Other receivables 258,415 39,502
Prepaid expenses 1,936,887 492,541
Prepaid IPO Costs 2,404,580
Total current assets 10,056,660 7,910,963
PROPERTY AND EQUIPMENT, NET 83,522 86,683
OTHER ASSETS    
Prepaid expenses 2,472,186 1,041,265
Deferred tax assets 302,320 8,823
Security deposits 54,359
Total other assets 2,774,506 1,104,447
Total assets 12,914,688 9,102,093
CURRENT LIABILITIES    
Other payables and accrued liabilities 433,585 173,810
Deferred revenues 13,281
Deferred rent liabilities 13,046
Taxes payable 35,647 82,156
Total current liabilities 469,232 282,293
Total liabilities 469,232 282,293
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Ordinary shares, $0.01 par value, 50,000,000 shares authorized, 13,000,000 and 26,000 shares issued and outstanding of December 31, 2017 and 2016 [1] 130,000 260
Shares subscription receivables (45,457) (45,457)
Additional paid-in capital 12,312,828 8,046,392
Statutory reserves 6,189 6,189
Retained earnings (accumulated deficit) (893,921) 48,447
Accumulated other comprehensive income (loss) 330,706 (196,087)
Total shareholders' equity 11,840,345 7,859,744
NONCONTROLLING INTEREST 605,111 960,056
Total shareholders' equity 12,445,456 8,819,800
Total liabilities and shareholders' equity $ 12,914,688 $ 9,102,093
[1] Giving retroactive effect to the 260 for 1 split effected on November 3, 2017.