Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.21.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales
Operating expenses 3,170,999 1,956,045
Loss from Operations (3,170,999) (1,956,045)
Non-operating loss    
Unrealized investment loss (624,738) (80,684)
Foreign currency exchange loss (370,504) (320,701)
Others, net (58,590) (5,812)
Total Non-Operating Loss (1,053,832) (407,197)
Loss Before Income Taxes (4,224,831) (2,363,242)
Income Tax Expense 3,295 3,252
Net Loss (4,228,126) (2,366,494)
Other Comprehensive Income    
Change in foreign currency translation adjustments 393,767 343,775
Total Comprehensive Loss $ (3,834,359) $ (2,022,719)
Net Loss Per Common Share:    
Basic $ (0.4387) $ (0.2480)
Diluted $ (0.4387) $ (0.2480)
Weighted Average Shares Outstanding - Basic 9,637,051 9,540,891
Weighted Average Shares Outstanding - Diluted 9,637,051 9,540,891