Fundamentals

Select the financial statements you wish to view below. The reports below may be viewed on either an annual or quarterly basis.

NASDAQAHG

Income Statement
Balance Sheet
Cash Flow

Annual
Quarterly


		As of		As of
		March 31,		March 31,
	Notes	2022		2021
		USD		USD
ASSETS

CURRENT ASSETS:
Cash and cash equivalents		$	21,925,322	$	15,128,719
Accounts receivable, net	5		15,247		28,362
Loans receivable, net - current	6		—		5,488,045
Prepayments and other assets	7		887,960		604,524
Inventories	8		7,795,822		—
Other receivable - current	9		20,000,000		8,872,838
TOTAL CURRENT ASSETS			50,624,351		30,122,488
Property and equipment, net	10		55,433		66,887
Other receivable - non-current	9		—		1,496,121
TOTAL ASSETS		$	50,679,784	$	31,685,496

LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accrued expenses and other current liabilities	13		1,069,049		1,142,507
Taxes payable	17		125,153		302,682
Amount due to related parties	15		37,200,000		2,968,782
Note payable - current	14		—		10,000,000
TOTAL CURRENT LIABILITIES			38,394,202		14,413,971
TOTAL LIABILITIES			38,394,202		14,413,971

COMMITMENTS AND CONTINGENCIES (Note 23)

SHAREHOLDERS’ EQUITY:
Ordinary share ($0.0001 par value, 500,000,000 shares authorized, 69,763,933 and 50,016,457 shares issued, 68,598,050 and 48,850,574 shares outstanding as of March 31, 2022 and 2021, respectively)	20		6,977		5,002
Additional paid-in capital			71,021,898		60,615,048
Treasury stock (1,165,883 shares as of March 31, 2022 and 2021, respectively)	22		(3,988,370)		(3,988,370)
Deficit			(53,107,676)		(36,256,612)
Accumulated other comprehensive loss			(1,649,223)		(3,103,543)
TOTAL SHAREHOLDERS’ EQUITY			12,283,606		17,271,525
Non-controlling interest	3		1,976		—
TOTAL EQUITY			12,285,582		17,271,525

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY		$	50,679,784	$	31,685,496

Investors

Fundamentals