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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (279,797) $ (89,504)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of OID and debt issuing costs of notes 31,250
Operating lease expenses 15,432 16,007
Loss (gain) on note conversion 21,243 (10,482)
Changes in assets and liabilities:    
Advance to supplier (1,824) (4,082)
Other receivables 13,149 (2,225)
Taxes payable 14,224 (7,629)
Payment of lease liability (30,864) (32,014)
Accrued liabilities and other payables 64,918 28,396
Net cash used in operating activities (183,519) (70,283)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Short term loan receivable 68,564,217 (141,070,591)
Net cash provided by (used in) investing activities 68,564,217 (141,070,591)
EFFECT OF EXCHANGE RATE CHANGE ON CASH 164,199 2,366,607
NET INCREASE (DECREASE) IN CASH 68,544,897 (138,774,267)
CASH, BEGINNING OF PERIOD 32,370 138,813,673
CASH, END OF PERIOD 68,577,267 39,406
Supplemental cash flow data:    
Income tax paid 12,163
Interest paid
Supplemental disclosure of non-cash financing activities    
Right-of-use assets obtained in exchange for operating lease liabilities 183,250
Conversion of notes into common shares $ 300,000 $ 500,000