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Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS      
Cash $ 150,994,159 $ 107,804,013 $ 16,221,297
Accounts receivable, net 308,677 42,068,760
Interest receivable on sales type leases     5,245,244
VAT receivable 187,145  
Prepaid expenses 34,417 55,420 52,760
Other receivables 31,536 35,687 1,031,143
Total current assets 151,247,257 108,203,797 64,619,204
NON-CURRENT ASSETS      
Investment in sales-type leases, net   8,287,560
Long term deposit 16,968 16,799 15,712
Operating lease right-of-use assets, net 161,510 54,078
Fixed assets, net 6,291 6,228  
Asset subject to buyback 28,910,696 27,044,385
Construction in progress     23,824,202
Total non-current assets 184,769 28,933,723 59,225,937
TOTAL ASSETS 151,432,026 137,137,520 123,845,141
CURRENT LIABILITIES      
Accounts payable 76,837 76,074 2,200,220
Taxes payable 2,443,858 3,145,612 4,087,642
Accrued interest on notes 246,190 18,968  
Notes payable, net of unamortized OID 8,393,309 3,005,645
Accrued liabilities and other payables 703,645 726,696 1,184,751
Operating lease liability 99,305 56,755
Due to related parties 28,404 28,440 41,174
Interest payable on entrusted loans 10,144,228 8,200,044
Entrusted loan payable 21,896,744 20,480,214
Total current liabilities 11,991,548 39,042,407 36,250,800
NONCURRENT LIABILITIES      
Accrued interest on notes     368,362
Income tax payable 5,174,625 5,174,625 5,782,625
Notes payable, net of unamortized OID     1,552,376
Operating lease liability 62,206  
Long term payable 464,389 459,777 430,034
Entrusted loan payable 309,593 306,518 286,689
Refundable deposit from customers for systems leasing     544,709
Total noncurrent liabilities 6,010,813 5,940,920 8,964,795
Total liabilities 18,002,361 44,983,327 45,215,595
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS’ EQUITY      
Common stock value 6,491 3,177 2,033
Additional paid in capital 157,810,125 119,748,999 116,682,374
Statutory reserve 15,171,354 15,155,042 14,525,712
Accumulated other comprehensive income 1,541,125 273,440 (6,132,614)
Accumulated deficit (41,099,430) (43,026,465) (46,447,959)
Total Company stockholders’ equity 133,429,665 92,154,193 78,629,546
TOTAL LIABILITIES AND EQUITY $ 151,432,026 $ 137,137,520 $ 123,845,141