Annual report pursuant to Section 13 and 15(d)

NON-CONTROLLING INTEREST (Tables)

v3.20.4
NON-CONTROLLING INTEREST (Tables)
12 Months Ended
Dec. 31, 2020
Noncontrolling Interest [Abstract]  
Schedule of Non-Controlling Interest [Table Text Block]

Net loss attributable to the non-controlling interest for the year ended December 31, 2020:

 

Net loss

  $ (28,372,143

)

Average Non-controlling interest percentage of profit/losses

    24.40

%

Net loss attributable to the non-controlling interest

  $ (6,921,709

)

 

Net loss

  $ (3,807,763

)

Average Non-controlling interest percentage of profit/losses

    10.92

%

Net loss attributable to the non-controlling interest

  $ (415,849

)

 

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table Text Block]

The following table summarizes the changes in non-controlling interest for the two years ended December 31, 2020:

 

Balance, January 1, 2019

  $ -  

Allocation of equity to non-controlling interest due to sale of common stock

    930,677  

Net loss attributable to non-controlling interest

    (415,849

)

Balance, December 31, 2019

    514,828  

Allocation of equity to non-controlling interest due to equity-based compensation issued

    2,781,782  

Allocation of equity to non-controlling interest due to sale of common stock

    3,467,709  

Allocation of equity to non-controlling interest due to issuance of equity to acquire Trek and research and development

    983,897  

Allocation of equity from non-controlling interest due to parent reacquiring shares shareholders

    (24.238

)

Net loss attributable to non-controlling interest

    (6,921,709

)

Balance, December 31, 2020

  $ 802,269