Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Shareholders??? Equity

v3.22.1
Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
Preferred shares
Ordinary Shares
Additional Paid-in Capital
Retained Earnings (Deficit)
Statutory Reserve
Accumulated Other Comprehensive (Loss)
Non- controlling Interest
Total
Balance at Dec. 31, 2018 $ 79,055 $ 81,682,599 $ 49,593,069 $ 14,760,112 $ (13,448,047) $ 18,892,322 $ 151,559,110
Balance (in Shares) at Dec. 31, 2018 79,055,053            
Net income (loss) 5,682,024 698,041 6,380,065
Appropriation to statutory reserve (988,639) 988,639
Foreign currency translation adjustment (2,632,861) (228,458) (2,861,319)
Balance at Dec. 31, 2019 $ 79,055 81,682,599 54,286,454 15,748,751 (16,080,908) 19,361,905 155,077,856
Balance (in Shares) at Dec. 31, 2019 79,055,053            
Net income (loss) (72,878,248) (4,740,332) (77,618,580)
Common stock issuance for professional fee $ 247 363,394 363,641
Common stock issuance for professional fee (in Shares)   247,375            
Appropriation to statutory reserve (2,961) 2,961
Foreign currency translation adjustment 6,512,035 644,738 7,156,773
Balance at Dec. 31, 2020 $ 79,302 82,045,993 (18,594,755) 15,751,712 (9,568,873) 15,266,311 84,979,690
Balance (in Shares) at Dec. 31, 2020 79,302,428            
Net income (loss) (2,480,719) 95,420 (2,385,299)
Issue of Preferred shares $ 4,000 3,694,273 3,698,273
Issue of Preferred shares (in Shares) 4,000,000            
Issue of Ordinary Shares   $ 3,626 4,347,617 4,351,243
Issue of Ordinary Shares (in Shares)   3,625,954            
Preferred dividends $ 602 640,320 (640,922)
Preferred dividends (in Shares)   602,273            
Conversion of preferred shares $ (3,409) $ 3,204 205
Conversion of preferred shares (in Shares) (3,409,078) 3,203,502            
Repurchase of Preferred Shares $ (591) $ (793) (1,448,616) (1,450,000)
Repurchase of Preferred Shares (in Shares) (590,922) (793,192)            
Appropriation to statutory reserve       (126,462) 126,462      
Foreign currency translation adjustment 2,648,991 246,981 2,895,972
Balance at Dec. 31, 2021 $ 85,941 $ 89,279,792 $ (21,842,858) $ 15,878,174 $ (6,919,882) $ 15,608,712 $ 92,089,879
Balance (in Shares) at Dec. 31, 2021 85,940,965