| Summary of financial assets and liabilities by level within the fair value hierarchy |
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|
|
|
|
|
|
|
|
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|
|
As of December 31, 2021 |
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
FINANCIAL ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
Financial assets at amortized cost |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
1,784,938 |
|
$ |
— |
|
$ |
— |
|
$ |
1,784,938 |
Accounts receivable |
|
|
— |
|
|
1,018,003 |
|
|
— |
|
|
1,018,003 |
Other Receivable |
|
|
|
|
|
|
|
|
66,000 |
|
|
|
Due from related parties |
|
|
— |
|
|
44,245 |
|
|
— |
|
|
44,245 |
Financial assets at fair value through profit or loss |
|
|
|
|
|
|
|
|
|
|
|
|
Investments at fair value |
|
|
— |
|
|
— |
|
|
29,069 |
|
|
29,069 |
FINANCIAL LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities at amortized cost |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
|
— |
|
|
1,078,381 |
|
|
— |
|
|
1,078,381 |
Derivative liability |
|
|
— |
|
|
250,000 |
|
|
— |
|
|
250,000 |
Loans payable |
|
|
— |
|
|
151,273 |
|
|
— |
|
|
151,273 |
Loans payable, related parties |
|
|
— |
|
|
425,551 |
|
|
— |
|
|
425,551 |
Lease liabilities |
|
|
— |
|
|
1,330,860 |
|
|
— |
|
|
1,330,860 |
Convertible debt obligations, net |
|
|
— |
|
|
1,274,010 |
|
|
— |
|
|
1,274,010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2020 |
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
FINANCIAL ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
Financial assets at amortized cost |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
2,273,151 |
|
$ |
— |
|
|
— |
|
$ |
2,273,151 |
Accounts receivable |
|
|
— |
|
|
948,341 |
|
|
— |
|
|
948,341 |
Due from related parties |
|
|
— |
|
|
53,851 |
|
|
— |
|
|
53,851 |
Financial assets at fair value through profit or loss |
|
|
|
|
|
|
|
|
|
|
|
|
Investments at fair value |
|
|
— |
|
|
— |
|
|
29,076 |
|
|
29,076 |
FINANCIAL LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities at amortized cost |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
|
— |
|
|
821,820 |
|
|
— |
|
|
821,820 |
Derivative liability |
|
|
— |
|
|
250,000 |
|
|
— |
|
|
250,000 |
Loans payable |
|
|
— |
|
|
223,240 |
|
|
— |
|
|
223,240 |
Loans payable, related parties |
|
|
— |
|
|
589,502 |
|
|
— |
|
|
589,502 |
Lease liabilities |
|
|
— |
|
|
1,853,064 |
|
|
— |
|
|
1,853,064 |
Convertible debt obligations, net |
|
|
— |
|
|
1,531,639 |
|
|
— |
|
|
1,531,639 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2020 |
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
FINANCIAL ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
Financial assets at amortized cost |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
2,273,151 |
|
$ |
— |
|
$ |
— |
|
$ |
2,273,151 |
Accounts receivable |
|
|
— |
|
|
948,341 |
|
|
— |
|
|
948,341 |
Due from related parties |
|
|
— |
|
|
53,851 |
|
|
— |
|
|
53,851 |
Financial assets at fair value through profit or loss |
|
|
|
|
|
|
|
|
|
|
|
|
Investments at fair value |
|
|
— |
|
|
— |
|
|
29,076 |
|
|
29,076 |
FINANCIAL LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities at amortized cost |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
|
— |
|
|
821,820 |
|
|
— |
|
|
821,820 |
Derivative liability |
|
|
— |
|
|
250,000 |
|
|
— |
|
|
250,000 |
Loans payable |
|
|
— |
|
|
223,240 |
|
|
— |
|
|
223,240 |
Loans payable, related parties |
|
|
— |
|
|
589,502 |
|
|
— |
|
|
589,502 |
Lease liabilities |
|
|
— |
|
|
1,853,064 |
|
|
— |
|
|
1,853,064 |
Convertible debt obligations, net |
|
|
— |
|
|
1,531,639 |
|
|
— |
|
|
1,531,639 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2019 |
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
FINANCIAL ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
Financial assets at amortized cost |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
3,290,095 |
|
$ |
— |
|
|
— |
|
$ |
3,290,095 |
Accounts receivable |
|
|
— |
|
|
1,263,849 |
|
|
— |
|
|
1,263,849 |
Due from related parties |
|
|
— |
|
|
67,310 |
|
|
— |
|
|
97,310 |
Financial assets at fair value through profit or loss |
|
|
|
|
|
|
|
|
|
|
|
|
Investments at fair value |
|
|
— |
|
|
— |
|
|
28,526 |
|
|
28,526 |
FINANCIAL LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities at amortized cost |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
|
— |
|
|
486,871 |
|
|
— |
|
|
486,871 |
Loans payable |
|
|
— |
|
|
1,281,888 |
|
|
— |
|
|
1,281,888 |
Loans payable, related parties |
|
|
— |
|
|
832,800 |
|
|
— |
|
|
832,800 |
Lease liabilities |
|
|
— |
|
|
2,273,739 |
|
|
— |
|
|
2,273,739 |
Convertible debt obligations, net |
|
|
— |
|
|
1,918,340 |
|
|
— |
|
|
1,918,340 |
|