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Consolidated Condensed Statements of Cash Flows (unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (44,868,930) $ (2,583,351)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,848,141 2,455,565
LO2A write offs 23,963,050
Investment income 131,056  
Interest expense 714,701  
Interest paid (60,697)  
Share based payments 20,354,898  
Write-off of fixed assets 307,100  
Unrealized gain (losses) on foreign currency remeasurement 1,569,278 (29,894)
Change in assets and liabilities    
Prepaid expenses (373,187) (63,428)
Trade and other receivables 141,709 612,330
Cryptocurrencies 12,398 (19,809)
Security deposits (448,946) (1,526)
Trade and other payables 2,373,896 (310,642)
Net cash provided by operating activities 7,664,467 59,245
CASH FLOWS FROM INVESTING ACTIVITIES    
Net proceeds from sale and purchase of property and equipment (12,705,500)  
Payment of fixed asset deposits (13,018,320) (718,739)
Investment in financial assets (341,810) (6,849)
Net cash used in investing activities (26,065,630) (725,588)
CASH FLOWS FROM FINANCING ACTIVITES    
Proceeds from common share issuances 1,334,157 2,023,065
Unit redemptions
Proceeds from convertible notes 21,487,391  
Payments of capital issuance costs (2,229,096)  
Proceeds from borrowings 1,423,064  
Advances made to external companies (42,210)  
Payments of borrowings (722,518) 167,627
Net cash provided by financing activities 21,250,788 2,190,692
Effect of exchange rate changes on cash and cash equivalents (348,001)  
Net increase in cash and cash equivalents 2,501,624 1,524,349
Cash and cash equivalents at beginning of period 1,112,811 579,277
Cash and cash equivalents at end of period $ 3,614,435 $ 2,103,626