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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (4,457,327) $ (12,230,190)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of OID and debt issuing costs of notes 194,355 168,750
Depreciation and amortization 612 638
Stock compensation expense 223,438
Operating lease expenses 65,185 67,959
Bad debt reversal (34,688)
Loss on note conversion 135,103 151,275
Interest expense 229,015 2,189,811
Impairment loss on long-term equity investment 11,625,195
Gain on termination of buy-back agreement of Chengli Project (3,165,887)
Accounts receivable 346,876
Prepaid expenses 857,500 (826,355)
Other receivables 7,822 3,610
VAT receivable (187,394)
Taxes payable 1,086 (686,897)
Payment of lease liability (65,185) (67,959)
Interest payable on entrusted loan 374,865
Accrued liabilities and other payables 2,679,954 434,495
Net cash used in operating activities (351,880) (1,612,458)
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 (12,846,334) 3,258,612
NET INCREASE (DECREASE) IN CASH (13,198,214) 44,207,874
CASH, BEGINNING OF YEAR 152,011,887 107,804,013
CASH, END OF YEAR 138,813,673 152,011,887
Supplemental cash flow data:    
Income tax paid 68,648 208,847
Interest paid
Settlement of entrusted loan resulting from termination of buy-back option for Chengli project 29,239,619
Adoption of ASC 842-right-of-use asset 191,790
Adoption of ASC 842-operating lease liability 191,790
Supplemental disclosure of non-cash financing activities    
Conversion of notes into common shares $ 1,996,986 $ 3,850,000