Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Equity (Unaudited)

v3.20.2
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
Preferred Stock
Common Stock
Additional Paid-in Capital
Treasury Stock
Accumulated Deficit
Statutory Reserve
Accumulated Other Comprehensive Loss
Non-controlling Interest
Total
Beginning balance at Dec. 31, 2018   $ 7,383 $ 24,153,378 $ (522,500) $ (11,291,776) $ 6,578 $ (236,860) $ (862,200) $ 11,254,003
Beginning balance (in Shares) at Dec. 31, 2018   73,830,751   (520,000)          
Issuance of common stock upon cashless exercise of stock warrants   $ 35 (35)            
Issuance of common stock upon cashless exercise of stock warrants (in Shares)   350,856              
Issuance of common stock upon cashless exercise of stock options   $ 16 (16)            
Issuance of common stock upon cashless exercise of stock options (in Shares)   158,932              
Stock-based compensation     2,272,747           2,272,747
Foreign currency translation adjustment             44,680 (1,198) 43,482
Net loss         (4,405,816)     (99,113) (4,504,929)
Ending balance at Mar. 31, 2019   $ 7,434 26,426,074 $ (522,500) (15,697,592) 6,578 (192,180) (962,511) 9,065,303
Ending balance (in Shares) at Mar. 31, 2019   74,340,539   (520,000)          
Beginning balance at Dec. 31, 2018   $ 7,383 24,153,378 $ (522,500) (11,291,776) 6,578 (236,860) (862,200) 11,254,003
Beginning balance (in Shares) at Dec. 31, 2018   73,830,751   (520,000)          
Net loss                 (13,277,810)
Ending balance at Sep. 30, 2019   $ 7,629 31,983,760 $ (522,500) (23,913,011) 6,578 (302,023) (1,513,621) 5,746,812
Ending balance (in Shares) at Sep. 30, 2019   76,291,056   (520,000)          
Beginning balance at Mar. 31, 2019   $ 7,434 26,426,074 $ (522,500) (15,697,592) 6,578 (192,180) (962,511) 9,065,303
Beginning balance (in Shares) at Mar. 31, 2019   74,340,539   (520,000)          
Sale of common stock, net   $ 171 1,411,710           1,411,881
Sale of common stock, net (in Shares)   1,714,288              
Issuance of common stock for services   $ 13 313,788           313,801
Issuance of common stock for services (in Shares)   120,812              
Stock-based compensation     1,524,139           1,524,139
Foreign currency translation adjustment             (36,003) 1,900 (34,103)
Net loss         (4,357,224)     (81,599) (4,438,823)
Ending balance at Jun. 30, 2019   $ 7,618 29,675,711 $ (522,500) (20,054,816) 6,578 (228,183) (1,042,210) 7,842,198
Ending balance (in Shares) at Jun. 30, 2019   76,175,639   (520,000)          
Issuance of common stock for services   $ 11 391,856           391,867
Issuance of common stock for services (in Shares)   115,417              
Stock-based compensation     1,916,193           1,916,193
Foreign currency translation adjustment             (73,840) 4,452 (69,388)
Net loss         (3,858,195)     (475,863) (4,334,058)
Ending balance at Sep. 30, 2019   $ 7,629 31,983,760 $ (522,500) (23,913,011) 6,578 (302,023) $ (1,513,621) 5,746,812
Ending balance (in Shares) at Sep. 30, 2019   76,291,056   (520,000)          
Beginning balance at Dec. 31, 2019 $ 7,673 34,593,006 $ (522,500) (29,361,937) 6,578 (257,747)   4,465,073
Beginning balance (in Shares) at Dec. 31, 2019 76,730,802   (520,000)          
Sale of common stock, net   $ 98 1,539,153           1,539,251
Sale of common stock, net (in Shares)   980,358              
Issuance of common stock for services   $ 22 213,278           213,300
Issuance of common stock for services (in Shares)   222,577              
Stock-based compensation     785,350           785,350
Foreign currency translation adjustment             (22,066)   (22,066)
Net loss         (3,270,781)       (3,270,781)
Ending balance at Mar. 31, 2020   $ 7,793 37,130,787 $ (522,500) (32,632,718) 6,578 (279,813)   3,710,127
Ending balance (in Shares) at Mar. 31, 2020   77,933,737   (520,000)          
Beginning balance at Dec. 31, 2019 $ 7,673 34,593,006 $ (522,500) (29,361,937) 6,578 (257,747)   4,465,073
Beginning balance (in Shares) at Dec. 31, 2019 76,730,802   (520,000)          
Net loss                 (9,579,122)
Ending balance at Sep. 30, 2020   $ 8,188 45,029,038 $ (522,500) (38,941,059) 6,578 (236,806)   5,343,439
Ending balance (in Shares) at Sep. 30, 2020   81,876,855   (520,000)          
Beginning balance at Mar. 31, 2020   $ 7,793 37,130,787 $ (522,500) (32,632,718) 6,578 (279,813)   3,710,127
Beginning balance (in Shares) at Mar. 31, 2020   77,933,737   (520,000)          
Sale of common stock, net   $ 180 2,959,687           2,959,867
Sale of common stock, net (in Shares)   1,795,150              
Issuance of common stock for services   $ 38 398,692           398,730
Issuance of common stock for services (in Shares)   380,000              
Stock-based compensation     726,600           726,600
Foreign currency translation adjustment             3,309   3,309
Net loss         (3,056,382)       (3,056,382)
Ending balance at Jun. 30, 2020   $ 8,011 41,215,766 $ (522,500) (35,689,100) 6,578 (276,504)   4,742,251
Ending balance (in Shares) at Jun. 30, 2020   80,108,887   (520,000)          
Sale of common stock, net   $ 134 2,376,503           2,376,637
Sale of common stock, net (in Shares)   1,337,968              
Issuance of common stock for services   $ 43 697,407           697,450
Issuance of common stock for services (in Shares)   430,000              
Stock-based compensation     739,362           739,362
Foreign currency translation adjustment             39,698   39,698
Net loss         (3,251,959)       (3,251,959)
Ending balance at Sep. 30, 2020   $ 8,188 $ 45,029,038 $ (522,500) $ (38,941,059) $ 6,578 $ (236,806)   $ 5,343,439
Ending balance (in Shares) at Sep. 30, 2020   81,876,855   (520,000)