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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 144,295 $ 226,688
Restricted cash and cash equivalents 16,148 16,093
Accounts receivable, net 163,566
Accounts receivable - related parties, net 143,278
Other receivable 39,005
Due from related parties 333,682 59,477
Inventory 1,318
Prepaid expense and other current assets 77,269 223,895
Total Current Assets 878,238 566,476
Property and equipment, net 520,930 510,066
Operating lease right-of-use assets 524,445
Goodwill, net
Long-term investments 3,364,619 3,488,169
Deferred tax assets 1,460,033 1,347,995
Prepaid expenses - noncurrent 135,443
Security deposits 44,103 27,418
Total Assets 6,927,811 5,940,124
Current Liabilities    
Accounts payable 23,995
Short-term bank loans 1,918,500 899,250
Long-term bank loans - current portion 13,403 39,835
Notes payable 100,200 510,447
Accrued expenses and other current liabilities 2,007,573 1,243,158
Advance from customers 13,085
Operating lease liabilities - current portion 304,248
Due to related parties 425,689 7,745,096
Convertible notes payable - current portion 820,000 300,000
Convertible notes payable - related parties, current portion 1,187,500 250,000
Total Current Liabilities 6,814,193 10,987,786
Long-term bank loan 15,257
Tenant security deposit 2,880
Operating lease liabilities - noncurrent portion 235,555
Convertible notes payable - related parties 250,000
Accrued interest 27,467
Total Liabilities 7,052,628 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 19,478 11,885
Additional paid-in capital 28,180,348 14,983,714
Stock subscription receivable (4,063,320)
Accumulated deficit (15,851,223) (12,209,446)
Other comprehensive income 663,753 655,851
Treasury stock (9,100,000) (9,100,000)
Total Stockholders' deficit (150,964) (5,657,996)
Noncontrolling interest 26,147 317,610
Total Equity (Deficit) (124,817) (5,340,386)
Total Liabilities and Equity (Deficit) $ 6,927,811 $ 5,940,124