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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]    
Net Cash used in Operating Activities $ (12,196,101) $ (341,666)
Cash Flows from Investing Activities:    
Purchases of property and equipment (77,112) (34,699)
Acquisition of a subsidiary, net of cash acquired (3,975,940) 0
Net Cash used in Investing Activities (4,053,052) (34,699)
Cash Flows from Financing Activities:    
Business Combination and PIPE financing, net of issuance costs paid 140,693,116 0
Proceeds of issuance of preferred stock 0 1,430,005
Repayment of Loan 0 (487,708)
Net Cash provided by Financing Activities 140,693,116 942,297
Net increase (decrease) in cash and cash equivalents 124,443,963 565,932
Effect of exchange rate changes on cash and cash equivalents 15,134 7,893
Cash and cash equivalents at the beginning of the period 515,734 1,199,015
Cash and cash equivalents at the end of the period $ 124,974,831 $ 1,772,840