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Property and Equipment, Net
 6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
6.PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net consist of the following:

 

   June 30,
2021		   December 31,
2020		 
   (unaudited)     
Property  $2,768,607   $1,828,092 
Office equipment   453,759    449,246 
Vehicle   35,530    34,351 
Less: accumulated depreciation   (446,565)   (313,928)
   $2,811,331   $1,997,761 

 

As of June 30, 2021, the balance of property was comprised of office campus and facilities in Beijing of $1,849,611 and in Japan of $918,996. As of December 31, 2020, the balance of property was comprised of office campus and facilities in Beijing of $1,828,092.

 

Depreciation expenses totaled $128,716 and $71,314 for the six months ended June 30, 2021 and 2020, respectively.