v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash $ 22,173,690 $ 11,552,943
Finance receivables:    
Original product - net (Note 2) 85,186 116,017
Special product - New Neighbor Guaranty program, net of allowance for credit losses of (Note 3) 53,211 52,757
Short-term investments - convertible debt securities (Note 9) 7,588,538  
Marketable securities 248,100  
Prepaid expenses and other assets 157,195 399,124
Current assets 30,305,920 12,120,841
Fixed assets, net 7,929 6,171
Real estate assets owned 80,057 18,767
Operating lease - right of use assets (Note 7) 110,870 160,667
Long-term investments - equity securities (Note 9) 2,295,200  
Investments in unconsolidated affiliates (Note 9) 4,615,583  
Other assets 10,984 10,984
Long-term assets 7,120,623 196,589
Total assets 37,426,543 12,317,430
LIABILITIES AND STOCKHOLDERS' EQUITY    
Note payable (Note 5)   96,257
Accounts payable and accrued expenses 298,239 237,033
Due to related party (Note 4) 174,176 158,399
Current portion of lease liability (Note 7) 108,611  
Total current liabilities 581,026 491,689
Lease liability - long-term (Note 7) 12,684 171,648
Deferred taxes (Note 6) 17,264  
Note payable - long-term (Note 5)   185,785
Long-term liabilities 29,948 357,433
Total liabilities 610,974 849,122
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 June 30, 2021 and December 31, 2020, respectively 5,414 3,084
Additional paid-in capital 39,538,550 29,996,257
Accumulated deficit (3,052,309) (18,536,224)
Total stockholders’ equity 36,491,655 11,463,117
Non-controlling interest 323,914 5,191
Total stockholders’ equity 36,815,569 11,468,308
Total liabilities and stockholders’ equity $ 37,426,543 $ 12,317,430

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