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Combined and Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (27,507,629) $ (42,963,984)
Less: net loss from discontinued operations (24,951,086) (26,370,074)
Net loss from continuing operations (2,556,543) (16,593,910)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation 28,980 19,447
Allowance for doubtful accounts 48,952
Amortization of intangible assets 270,894 440,020
Write-off of prepaid expenses 813,992
Impairment loss of intangible assets 441,937
Impairment loss of goodwill 898,908 25,965
Impairment loss of marketable shares 33,975 965,000
Gain from deconsolidation of VIE (4,731,804)
Stock-based employment compensation 933 352,391
Stock-based professional fees 3,018,829 10,366,170
Stock-based donation 259,598 241,860
Stock-based rents 1,268,727
Amortization of debt discount 162,170 185,336
Changes in operating assets and liabilities:    
Notes receivable 150,126
Accounts receivable 91,228 (36,176)
Prepaid and other current assets 20,409 (3,486)
Accounts payable 217,615 197,970
Accrued expenses 245,622 (53,700)
Income taxes payable 27,446
CASH FLOWS USED IN OPERATING ACTIVITIES - continuing operations (1,026,116) (2,155,003)
CASH FLOWS USED IN OPERATING ACTIVITIES - discontinued operations (5,278,752) (564,553)
CASH FLOWS USED IN OPERATING ACTIVITIES (6,304,868) (2,719,556)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (99,941)
Purchase of marketable securities (4,532,296)
Proceed received from acquisition 2,341
CASH FLOWS (USED IN) PROVIDED BY INVESTING ACTIVITIES - continuing operations (4,632,237) 2,341
CASH FLOWS USED IN INVESTING ACTIVITIES - discontinued operations (74,832)
CASH FLOWS USED IN INVESTING ACTIVITIES (4,632,237) (72,491)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Offering costs paid (195,018)
Proceeds from bank loan 9,657,545
Proceed from convertible note 900,000
Advance from related party 820,061 1,633,109
Repayment of related party advances (31,604) (484,956)
Proceeds from sale of common stock, net 905,100 256,410
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES – continuing operation 11,351,102 2,109,545
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES - discontinued operations (1,106,071) 143,292
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES 10,245,031 2,252,837
Effect of exchange rate changes (73,776) 90,427
Net decrease in cash and cash equivalents (765,850) (448,783)
Cash and cash equivalents - beginning of year 883,462 1,332,245
Cash and cash equivalents - end of year 117,612 883,462
Less: Cash and cash equivalents from discontinued operations (33,945) (668,028)
Cash and cash equivalents from continuing operations, end of year 83,667 215,434
Cash paid in continuing operations for:    
Interest 322,201 242,703
Income taxes
Cash paid in discontinued operations for:    
Interest 131,684
Income taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Stock issued for redemption of convertible note and accrued interest 50,000 75,000
Stock issued for acquisition of non-wholly owned subsidiaries 1,828,494 976,984
Stock issued for accrued liabilities $ 1,641,254 $ 663,830