v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash $ 17,803,015 $ 11,552,943
Finance receivables:    
Original product - net (Note 2) 101,811 116,017
Special product - New Neighbor Guaranty program, net of allowance for credit losses of (Note 3) 53,777 52,757
Prepaid expenses and other assets 212,132 399,124
Current assets 18,170,735 12,120,841
Fixed assets, net 5,617 6,171
Real estate assets owned 80,057 18,767
Operating lease - right of use assets (Note 7) 134,859 160,667
Long-term investments - debt securities (Note 9) 1,679,284  
Long-term investments - equity securities (Note 9) 1,789,338  
Investments in unconsolidated affiliates (Note 9) 4,569,054  
Other assets 10,984 10,984
Long-term assets 8,269,193 196,589
Total assets 26,439,928 12,317,430
LIABILITIES AND STOCKHOLDERS' EQUITY    
Note payable (Note 5) 38,053 96,257
Accounts payable and accrued expenses 271,515 237,033
Due to related party (Note 4) 232,734 158,399
Current portion of lease liability (Note 7) 78,675  
Total current liabilities 620,977 491,689
Lease liability - long-term (Note 7) 68,002 171,648
Deferred taxes (Note 6) 3,484  
Note payable - long-term (Note 5) 186,235 185,785
Long-term liabilities 257,721 357,433
Total liabilities 878,698 849,122
Stockholders’ equity:    
Common stock, par value $0.001; 30,000,000 shares authorized; 5,414,296 and 3,083,760 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 5,414 3,084
Additional paid-in capital 39,538,550 29,996,257
Accumulated deficit (14,159,791) (18,536,224)
Total stockholders’ equity 25,384,173 11,463,117
Non-controlling interest 177,057 5,191
Total stockholders’ equity 25,561,230 11,468,308
Total liabilities and stockholders’ equity $ 26,439,928 $ 12,317,430

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