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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (1,113,906) $ 1,386,773
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Amortization of OID and debt issuing costs of notes 163,105 118,750
Stock compensation expense   223,438
Operating lease expenses 49,771 50,812
Bad debt reversal (34,581)
Loss on note conversion 121,121 61,155
Interest expense 229,015 818,914
Gain on termination of buy-back agreement of Chengli Project (3,156,138)
Changes in assets and liabilities:    
Accounts receivable 345,808
Prepaid expenses (5,215) 19,253
Other receivables 2,376 1,981
Advance to suppliers   (850,000)
VAT receivable   (186,817)
Taxes payable (19,901) (707,917)
Payment of lease liability (66,362) (67,750)
Accrued liabilities and other payables 330,871 392,401
Net cash used in operating activities (309,125) (1,583,918)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of notes payable 5,000,000
Issuance of common stock 37,561,721
Net cash provided by financing activities 42,561,721
EFFECT OF EXCHANGE RATE CHANGE ON CASH (15,486,470) 740,273
NET INCREASE (DECREASE) IN CASH (15,795,595) 41,718,075
CASH, BEGINNING OF PERIOD 152,011,887 107,804,013
CASH, END OF PERIOD 136,216,292 149,522,088
Supplemental cash flow data:    
Income tax paid 56,495 197,296
Interest paid
Supplemental disclosure of non-cash operating activities    
Settlement of entrusted loan resulting from termination of buy-back option for Chengli project 29,149,705
Adoption of ASC 842-right-of-use asset 191,200
Adoption of ASC 842-operating lease liability 191,200
Supplemental disclosure of non-cash financing activities    
Conversion of notes into common shares $ 1,896,986 $ 2,000,000