| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||
Net loss | ||||||||||||||||||||
-557,739 | -751,033 | -396,985 | -140,245 | -540,999 | -372,278 | -371,659 | -365,206 | -438,937 | -391,461 | -408,537 | -447,518 | -266,290 | -212,574 | -266,834 | -374,960 | -190,004 | -397,585 | -162,301 | -175,225 | -27,515 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||
25,350 | 6,217 | 6,969 | 8,021 | 8,966 | 7,157 | 12,162 | 10,039 | 8,183 | 7,388 | 7,084 | 1,886 | 13,227 | 28,643 | 6,341 | 19,195 | 3,388 | 3,993 | 3,249 | 1,968 | 0 |
Changes in assets and liabilities: | ||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||
- | - | - | - | - | - | - | 4 | -3 | -1 | -225 | - | - | - | - | - | - | - | - | - | - |
Project in progress | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -12,670 | -224,691 | 0 | 0 | 0 | 0 |
Inventory | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 608 | - | - | - | - | - | - |
Prepaid expenses and other current assets | ||||||||||||||||||||
122,363 | -106,714 | 378,368 | -6,017 | -10,690 | 4,147 | -5,556 | -33,643 | -13,783 | 8,931 | 70,155 | -17,706 | 35,138 | 12,533 | -28,486 | 120,913 | -49,427 | -3,969 | 6,305 | -9,231 | -16,131 |
Right-of-use assets | ||||||||||||||||||||
- | -122,051 | 1,219,937 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Accounts payable | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -30,215 | -635 | -136,510 | -12,663 | 59,835 | 144,920 | 0 | 0 | 0 | 0 |
Accrued expenses and other payables | ||||||||||||||||||||
150,298 | 12,364 | -176,000 | 167,430 | 27,125 | 9,534 | -81,449 | 79,725 | -6,029 | -4,259 | 12,521 | -4,796 | 67,099 | -10,770 | 76 | -14,299 | 58,510 | 13,086 | 7,173 | -13,596 | 44,047 |
Operating lease liabilities | ||||||||||||||||||||
- | -122,051 | 1,219,937 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in operating activities | ||||||||||||||||||||
-712,971 | -627,859 | -944,384 | 1,365,015 | -494,217 | -359,456 | -435,390 | -228,519 | -400,088 | -397,262 | -458,861 | -453,685 | -226,242 | -136,409 | -245,202 | -349,630 | -257,304 | -384,475 | -145,574 | -196,084 | 401 |
Cash flows from investing activities: | ||||||||||||||||||||
Cash received from merger | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Acquisition of office equipment | ||||||||||||||||||||
- | 207,130 | 1,408 | - | - | 10,873 | 4,881 | 11,628 | 987 | 8,548 | 4,753 | -917 | 3,053 | 6,745 | 1,795 | -10,440 | 48,267 | 1,787 | 19,347 | - | - |
Acquisition of intangible assets | ||||||||||||||||||||
0 | -288,575 | 1,688,575 | - | - | -120 | 14,703 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Property and equipment | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
Intangible assets | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
Net cash used in investing activities | ||||||||||||||||||||
-39,795 | 81,445 | -1,689,983 | -501,854 | -34,194 | -10,753 | -19,584 | -13,166 | -987 | -8,548 | -4,753 | 917 | -3,053 | -6,745 | -1,795 | -30,507 | -48,267 | 10,831 | -19,347 | -53,077 | 0 |
Cash flows from financing activities: | ||||||||||||||||||||
Payment of loan payable - shareholder, net | ||||||||||||||||||||
-864 | 628 | -84,855 | 76,259 | 2,116 | 8,963 | -26,471 | -97,878 | -366 | -27,855 | 2,249 | - | - | - | - | - | - | - | - | - | - |
Proceeds(payment) of loan payable, shareholder, net | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | -25,587 | 92,259 | -127,418 | -8,016 | 4,094 | 4,704 | - | - |
Loan from shareholder | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 58,771 | 0 |
Net proceeds from issuance of common stock | ||||||||||||||||||||
- | - | - | -1,413 | 1,134 | 60,780 | 246,944 | - | - | - | 1,432,550 | 628,590 | 279,450 | 358,800 | 420,900 | 193,574 | 248,453 | 0 | 0 | 0 | 0 |
Capital contribution | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -143,389 | 154,155 | 484,920 | 166,515 | 195,878 | 0 |
Net cash provided by (used in) financing activities | ||||||||||||||||||||
-864 | 628 | -84,855 | 74,847 | 495,717 | 4,818,165 | 220,473 | -84,123 | -11,253 | -103,553 | 1,434,799 | 1,271,037 | 243,840 | 384,387 | 328,641 | 177,603 | 400,407 | 491,043 | 161,811 | 254,649 | 0 |
Effect of exchange rate changes on cash | ||||||||||||||||||||
-40,298 | 32,371 | -35,261 | -207,340 | 101,155 | -6,525 | 35,092 | -191,434 | 61,333 | 88,876 | 174,075 | 12,549 | 4,443 | -9,455 | -80 | 1,364 | 2,981 | -4,807 | -232 | 12 | 3 |
Net (decrease) increase in cash and restricted cash | ||||||||||||||||||||
-793,929 | -513,415 | -2,754,482 | 730,668 | 68,461 | 4,441,430 | -199,408 | -517,242 | -350,995 | -420,487 | 1,145,260 | 830,818 | 18,988 | 231,778 | 81,564 | -201,169 | 97,817 | 112,592 | -3,342 | 5,500 | 404 |
Supplemental disclosures of cash flow information: | ||||||||||||||||||||
Cash paid for interest | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | - | - | 0 | 0 | - | - | - | - | - | - |
Cash paid for interest | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | 0 |
Cash paid for income tax | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 |