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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities    
Net Loss from Operations $ (27,162,596) $ (30,994,705)
Adjustments to Reconcile Net Loss to Net Cash Provided By (Used in) Operating Activities:    
Depreciation 879,160 533,820
Non-Cash Lease Expenses 822,846 529,418
Amortization of Debt Discount 450,000
Loss on Consolidation of Alset Capital Acquisition Corp. 21,657,036
Foreign Exchange Transaction Gain (561,345) (2,617,896)
Unrealized (Gain) Loss on Securities Investment (6,349,738) 4,559,240
Unrealized (Gain) Loss on Securities Investment - Related Party (560,467) 17,213,983
Realized Loss on Securities Investment 11,291,166 6,500,573
(Gain) Loss on Exchange of Investment Securities (502,497) 446,104
PPP Loan Forgiveness (68,502)
Director Compensation Adjustment (1,185,251)
Loss on Equity Method Investment 4,621,833 387,435
Changes in Operating Assets and Liabilities, net of acquisitions    
Real Estate 14,673,747 (5,420,208)
Real Estate Reimbursement Receivable (6,707,079)
Account Receivables (126,933) (198,375)
Other Receivables (2,343,328)  
Other Receivables - Related Parties (82,500) (1,746,279)
Prepaid Expense (148,327) 830,294
Deposits 3,075
Trading Securities (603,418) (7,466,912)
Inventory 8,282 10,880
Accounts Payable and Accrued Expenses 274,162 (8,845,706)
Deferred Revenue (20,269) (663,252)
Operating Lease Liabilities (807,135) (554,937)
Builder Deposits (31,553)
Net Cash Provided by (Used in) Operating Activities 8,255,675 (28,331,829)
Cash Flows from Investing Activities    
Loan Receivable - Related Party 694,878
Purchase of Fixed Assets (24,709) (210,319)
Purchase of Real Estate Properties (6,057,493)
Real Estate Improvements (734,688) (1,082,225)
Purchase of Investment Securities (756,078) (8,479,968)
Proceeds from Sale of Investment Securities   103,809
Acquisition of Subsidiary (214,993)
Issuing Loan Receivable - Related Party (1,693,455)
Proceeds from Loan Receivable - Related Party 2,675,735
Net Cash Used in Investing Activities (748,188) (15,031,318)
Cash Flows from Financing Activities    
Proceeds from Common Stock Issuance 3,433,921 6,213,000
Repayment to Notes Payable (25,361) (216,867)
Net Cash Provided by Financing Activities 3,408,560 5,996,133
Net Increase (Decrease) in Cash and Restricted Cash 10,916,047 (37,367,014)
Effects of Foreign Exchange Rates on Cash (672,330) (199,339)
Cash and Restricted Cash - Beginning of Year 18,521,903 60,802,179
Cash and Restricted Cash- End of Period 28,765,620 23,235,826
Cash 28,038,818 22,605,541
Restricted Cash 726,802 630,285
Total Cash and Restricted Cash 28,765,620 23,235,826
Supplementary Cash Flow Information    
Cash Paid for Interest 3,010 2,420
Cash Paid for Taxes
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Unrealized Gain on Investment 777,773
Initial Recognition of ROU / Lease Liability 186,716 1,134,969
Deconsolidate Alset Capital Acquisition 16,557,582
Intrinsic Value of BCF 450,000
Issuance of Stock by Exercising Warrants 3,895
Convert Related Party Note Payable to Common Stock 6,213,000
Convert VEII Not Receivable to Common Stock 1,300,000
Warrants Received from VEII after Converting Note Receivable $ 6,488,457