Summary of Significant Accounting Policies (Details Narrative) - USD ($) |
3 Months Ended | |||
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Mar. 31, 2021 |
Mar. 31, 2020 |
Dec. 31, 2020 |
Dec. 19, 2019 |
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Cash balances | $ 91,491,161 | $ 36,537,097 | ||
Net loss | (5,633,833) | $ (1,795,153) | ||
Net cash used in operating activities | (3,450,067) | (983,115) | ||
Working capital | 54,458,622 | |||
Shipping expenses | $ 50,626 | $ 14,150 | ||
Penny warrants [Member] | Merger Agreement [Member] | ||||
Warrants purchase | 1,193,391 |
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- Definition Shipping expenses. No definition available.
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- Definition Working capital. No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of securities into which each warrant or right may be converted. For example, but not limited to, each warrant may be converted into two shares. No definition available.
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- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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- Details
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