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Long-Term Investment | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
LONG-TERM INVESTMENT | 12. LONG-TERM INVESTMENT The Company recorded $2.75 million of impairment loss in fiscal year 2019 related with the INU Digital Assets and 10% equity investment in InUnion Chain Limited that Digipay Finteh Limited invested in June 2018. According to the understanding that INU is currently in a state of cessation of operation, the investment has been unable to bring economic benefits to company. The company decided to write down the remaining carrying value $12.25 million in 2020.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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