• Filing Date: 2021-03-31
  • Form Type: 10-K
  • Description: Annual report
v3.21.1
Investments (Details Narrative) - USD ($)
3 Months Ended 10 Months Ended 12 Months Ended
Dec. 19, 2020
Sep. 10, 2020
Aug. 28, 2020
Jul. 22, 2020
Jun. 25, 2020
Jul. 18, 2019
Oct. 31, 2021
Dec. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Jan. 31, 2021
Sep. 30, 2020
Dec. 31, 2018
Purchase of warrants         127,179,311                
Warrant exercise price per share               $ 0.029 $ 0.029        
Number of warrant exercised         1,291,000                
Warrants percentage                 7.00%        
Unrealized gain (loss) on investments                 $ 3,851,000      
Issuance of common stock, net, shares           17,306          
Number of common stock issued, value                 $ 20,196,000 $ 7,304,000      
Unrealized gains on marketable securities                 10,609,000      
Amortization of intangible assets                 374,000 461,000      
Fair value of investment               $ 15,418,000 15,418,000 1,096,000      
Other investments               1,788,000 1,788,000 2,154,000      
Shares issued price per share           $ 15.00              
Chan Heng Fai Ambrose Member]                          
Warrants outstanding       $ 700,000                  
Fair value of warrants       $ 1,056,000                  
Other investments               $ 356,000 $ 356,000        
Sharing Services Global Corp. [Member]                          
Acquistion of common shares                 20,250,000        
Acquistion of average purchase price               $ 0.09 $ 0.09        
Acquistion ownership percentage               32.60% 32.60%        
Unrealized gains on marketable securities                 $ 6,800,000        
Acquistion of intangible assets and goodwill               $ 10,200,000 10,200,000        
Amortization of intangible assets                        
Fair value of investment               $ 14,774,000 $ 14,774,000        
Sharing Services Global Corp [Member]                          
Acquistion ownership percentage                       17.00%  
Sharing Services Global Corp [Member] | Forecast [Member]                          
Unrealized gain (loss) on investments             $ 604,000            
Class A Common Stock Member]                          
Acquistion of common shares               13,957,378          
Acquistion of average purchase price               $ 0.06 $ 0.06        
Class A Common Stock Member] | Chan Heng Fai Ambrose Member]                          
Purchase of warrants       10,000,000                  
Warrant exercise price per share       $ 0.20                  
Issuance of common stock, net, shares       30,000,000                  
Warrants outstanding       $ 3,000,000                  
Acquistion of intangible assets and goodwill       $ 9,200,000                  
Class A Common Stock Member] | Sharing Services Global Corp [Member]                          
Acquistion ownership percentage               20.00% 20.00%        
Issuance of common stock, net, shares       62,417,593         64,207,378        
Number of common stock issued, value       $ 11,300,000                  
Alset International Limited [Member]                          
Number of shares owned                   $ 21,196,552     $ 21,196,552
Purchase of warrants                         105,982,759
Warrant exercise price per share                         $ 0.0298
Number of warrant exercised                   61,977,577      
Total cost of warrant                   $ 1,829,000      
Investment at cost, less impairment                   $ 2,154,000      
Alset International Limited [Member] | Singapore, Dollars [Member]                          
Warrant exercise price per share                         $ 0.040
Singapore eDevelopment Limited [Member]                          
Marketable securities               $ 6,830,000 $ 6,830,000        
Unrealized gain (loss) on investments                 $ 3,384,200        
DSS Securities, Inc. [Member]                          
Acquistion ownership percentage   14.90%                      
Number of common stock issued, value   $ 100,000                      
Outstanding membership interest   10.00%                      
Acquistion description     The Company's wholly owned subsidiary, DSS Securities, Inc. entered into a corporate venture to form and operate a real estate title agency, under the name and flagging of Alset Title Company, Inc, a Texas corporation ("ATC"). DSS Securities, Inc. shall own 70% of this venture with the other two shareholders being attorneys necessary to the state application and permitting process. ATC have initiated or have pending applications to do business in a number of states, including Texas, Tennessee, Connecticut, Florida, and Illinois. For the purpose of organization and the state application process, the Company's CEO, who is a licensed attorney, has a stated non-compensated 15% ownership interest in the venture.                    
DSS Securities, Inc. [Member] | Subsequent Event [Member]                          
Acquistion ownership percentage                     24.90%    
BioMed Technologies Asia Pacific Holdings Limited [Member] | Subscription Agreement [Member]                          
Acquistion ownership percentage 4.99%                        
Shares purchased during period 525                        
Shares purchased during period, value $ 630,000