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Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 1,035,678 $ 226,688
Restricted cash and cash equivalents 16,122 16,093
Accounts receivable, net 131,439
Accounts receivable - related parties, net 142,215
Other receivable 39,005
Due from related parties 322,678 59,477
Inventory 1,318
Prepaid expense and other current assets 59,435 223,895
Total Current Assets 1,707,567 566,476
Property and equipment, net 514,449 510,066
Operating lease right-of-use assets 357,932
Goodwill, net
Long-term investments 3,270,410 3,488,169
Deferred tax assets 1,380,021 1,347,995
Prepaid expenses - noncurrent 131,261
Security deposits 43,253 27,418
Total Assets 7,404,893 5,940,124
Current Liabilities    
Accounts payable 13,383
Short-term bank loans 1,885,500 899,250
Long-term bank loans - current portion 22,547 39,835
Notes payable 96,600 510,447
Accrued expenses and other current liabilities 1,757,001 1,243,158
Advance from customers 387,815
Operating lease liabilities - current portion 268,618
Due to related parties 376,460 7,745,096
Convertible notes payable - current portion 820,000 300,000
Convertible notes payable - related parties, current portion 250,000 250,000
Total Current Liabilities 5,877,924 10,987,786
Long-term bank loan 15,257
Tenant security deposit 2,880
Operating lease liabilities - noncurrent portion 106,398
Convertible notes payable - related parties 687,500 250,000
Accrued interest 27,467
Total Liabilities 6,674,702 11,280,510
Equity    
Preferred stock, $0.001 par value, 20,000,000 authorized, nil shares issued and outstanding
Common stock, $0.001 par value, 20,000,000 authorized, 19,478,168 and 11,884,804 issued and outstanding, respectively 19,478 11,885
Additional paid-in capital 28,180,123 14,983,714
Stock subscription receivable (4,289,060)
Accumulated deficit (14,773,552) (12,209,446)
Other comprehensive income 628,941 655,851
Treasury stock (9,100,000) (9,100,000)
Total Stockholders' deficit 665,930 (5,657,996)
Noncontrolling interest 64,261 317,610
Total Equity (Deficit) 730,191 (5,340,386)
Total Liabilities and Equity (Deficit) $ 7,404,893 $ 5,940,124