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Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS      
Cash $ 149,522,088 $ 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 186,415  
Prepaid expenses 38,592 55,420 52,760
Other receivables 881,835 35,687 1,031,143
Total current assets 150,628,930 108,203,797 64,619,204
NON-CURRENT ASSETS      
Investment in sales-type leases, net   8,287,560
Long term deposit 16,901 16,799 15,712
Operating lease right-of-use assets, net 145,586 54,078
Fixed assets, net 6,266 6,228  
Asset subject to buyback 28,910,696 27,044,385
Construction in progress     23,824,202
Total non-current assets 168,753 28,933,723 59,225,937
TOTAL ASSETS 150,797,683 137,137,520 123,845,141
CURRENT LIABILITIES      
Accounts payable 76,537 76,074 2,200,220
Taxes payable 2,443,562 3,145,612 4,087,642
Accrued interest on notes 221,996 18,968  
Notes payable, net of unamortized OID 7,133,323 3,005,645
Accrued liabilities and other payables 729,781 726,696 1,184,751
Operating lease liability 65,941 56,755
Due to related parties 28,418 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 10,699,558 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 62,744  
Long term payable 462,577 459,777 430,034
Entrusted loan payable 308,385 306,518 286,689
Refundable deposit from customers for systems leasing     544,709
Total noncurrent liabilities 6,008,331 5,940,920 8,964,795
Total liabilities 16,707,889 44,983,327 45,215,595
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS’ EQUITY      
Common stock value 6,729 3,177 2,033
Additional paid in capital 159,591,760 119,748,999 116,682,374
Statutory reserve 15,174,627 15,155,042 14,525,712
Accumulated other comprehensive income (loss) 975,955 273,440 (6,132,614)
Accumulated deficit (41,659,277) (43,026,465) (46,447,959)
Total Company stockholders’ equity 134,089,794 92,154,193 78,629,546
TOTAL LIABILITIES AND EQUITY $ 150,797,683 $ 137,137,520 $ 123,845,141