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Warrants (Tables)
 12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Schedule of the outstanding warrants

Warrants holder  Investor Warrants   Placement Agent Warrants 
Appraisal Date (Inception Date)  December 10,
2020		   December 10,
2020		 
Market price per share (USD/share)  $5.36   $5.36 
Exercise price (USD/price)   6.46    6.475 
Risk free rate   0.2%   0.2%
Dividend yield   0.0%   0.0%
Expected term/ Contractual life (years)   3.0 years    3.0 years 
Expected volatility   211.5%   211.5%

 

Appraisal Date  December 31,
2020		   December 31,
2020		 
Market price per share (USD/share)  $5.06   $5.06 
Exercise price (USD/price)   6.46    6.475 
Risk free rate   0.2%   0.2%
Dividend yield   0.0%   0.0%
Expected term/ Contractual life (years)   2.9 years    2.9 years 
Expected volatility   187.6%   187.6%
Schedule of warrants liability measured at fair value on a recurring basis using Level 3 inputs
   Year ended
December 31,
2019		   Year ended
December 31,
2020		 
Balance at the beginning of the year  $       -   $- 
Warrants issued to institution investors   -    17,980,000 
Warrants issued to placement agent   -    1,875,000 
Warrants redeemed   -    - 
Fair value change of the issued warrants included in earnings   -    (2,072,000)
Balance at end of year   -    17,783,000 
Schedule of the warrant activity
   Number of
Warrants		   Average
Exercise Price		   Weighted Average Remaining Contractual Term in Years 
             
Outstanding at January 1, 2020   -   $-      
Exercisable at January 1, 2020   -   $-      
Granted   4,175,512    6.46    3 
Exercised / surrendered   -    -      
Expired   -    -      
Outstanding at December 31, 2020   4,175,512   $6.46    2.9 
Exercisable at December 31, 2020   3,795,920   $6.46    2.9