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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net income $ 964,942 $ 792,455
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 433,417 426,224
Non-cash lease expense 85,628 51,831
Changes in operating assets and liabilities    
Accounts receivable (185,856) 1,302,508
Inventories (64,826) 9,751
Prepayments and other current assets (385,553) (2,185,049)
Due from related party 25,887
Deposits paid (583,325) (995,723)
Accounts payable (37,455) (50,152)
Due to related parties (122,702)
Customer advances (110,633) 109,032
Accrued liabilities 56,060 121,960
Income tax payable 19,354 (210,758)
Operating lease obligations (77,497) (61,546)
Net cash provided by (used in) operating activities 17,441 (689,467)
Cash flows from investing activities    
Repayment of advance to related parties 3,539,350
Advance to related parties (2,876,774)
Purchase of property and equipment (57,442)
Purchase of intangible assets (23,486)
Net cash provided by investing activities 581,648
Cash flows from financing activities    
Borrowings from related parties 1,836,071
Borrowings from and repayments to revolving credit lines, net 148,606 (22,925)
Borrowings from bank loans 10,352
Borrowings from a third party 24,154
Repayments to related parties (154,510) (1,529,556)
Repayments to bank loans (11,763)
Repayments to a third party (66,379)
Net cash provided by (used in) financing activities (49,540) 283,590
Effect of exchange rate changes on cash and cash equivalents (5,738) (5,208)
Net changes in cash and cash equivalents (37,837) 170,563
Cash and cash equivalents–beginning of the period 123,163 249,837
Cash and cash equivalents–end of the period 85,326 420,400
Supplementary cash flow information:    
Interest paid 10,191 9,487
Income taxes paid 86,546 446,755
Non-cash investing and financing activities    
Expenses paid by related parties on behalf of the Company 38,627 293,862
Remeasurement of operating lease obligation and right-of-use asset due to lease termination 40,885
Operating lease right-of-use assets obtained in exchange for operating lease obligations $ 281,058