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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net income $ 905,535 $ (5,554,002)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,358,452 15,793,854
(Gain) Loss on derivative liability (5,880,526) 426,055
(Recovery from) Allowance for bad debts 33,480 (28,087)
Share-based compensation and expenses 1,256,700
Deferred tax 2,730,050 (2,364,575)
Changes in operating assets and liabilities:    
Accounts receivable (2,430,495) 923,429
Prepayments and other current assets (8,350,716) 5,301,953
Inventories (4,531,263) 458,878
Accounts payable (589,371) 307,198
Advance from customers (44,366) (21,281)
Related parties (785,097) 1,984,619
Accrued payroll and employee benefits 60,334 (82,516)
Other payables and accrued liabilities 254,966 (1,105,508)
Income taxes payable 832,946 (1,153,191)
Net Cash (Used in) Provided by Operating Activities (2,436,071) 16,143,526
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (25,071,372) (21,106,210)
Proceeds from sale of property, plant and equipment   580,206
Net Cash Used in Investing Activities (25,071,372) (20,526,004)
Cash Flows from Financing Activities:    
Proceeds from issuance of shares and warrants, net 41,837,553 2,273,360
Proceeds from short term bank loans 5,892,298 6,090,715
Repayment of bank loans (6,512,703) (6,237,217)
Payment of capital lease obligation (185,050) (72,003)
Loan to a related party (6,838,274)  
Net Cash Provided by (Used in) Financing Activities 34,193,824 2,054,855
Effect of Exchange Rate Changes on Cash and Cash Equivalents 372,794 632,315
Net Increase (Decrease) in Cash and Cash Equivalents 7,059,175 (1,695,308)
Cash, Cash Equivalents and Restricted Cash - Beginning of Year 4,142,437 5,837,745
Cash, Cash Equivalents and Restricted Cash - End of Year 11,201,612 4,142,437
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest, net of capitalized interest cost 577,194 592,140
Cash paid for income taxes 1,970,984 2,401,191
Cash and bank balances 11,201,612 4,142,437
Restricted cash
Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 11,201,612 $ 4,142,437