Ebang International (EBON) 20-F 29 Apr 22 2021 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information - shares	12 Months Ended
	Dec. 31, 2021	Apr. 29, 2022
Document Information Line Items
Entity Registrant Name	EBANG INTERNATIONAL HOLDINGS INC.
Trading Symbol	EBON
Document Type	20-F
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0001799290
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	true
ICFR Auditor Attestation Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-39337
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	Building 7, No. 5 Nangonghe Road, Linping Street
Entity Address, Address Line Two	Yuhang District
Entity Address, City or Town	Hangzhou
Entity Address, Postal Zip Code	311100
Entity Address, Country	CN
Contact Personnel Name	Mr. Dong Hu
Title of 12(b) Security	Class A ordinary shares, par value HK$0.001 per share
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Document Accounting Standard	U.S. GAAP
Auditor Firm ID	206
Auditor Name	MaloneBailey, LLP
Auditor Location	Houston, Texas
Business Contact
Document Information Line Items
Entity Address, Address Line One	Building 7, No. 5, Nangonghe Road, Linping Street
Entity Address, Address Line Two	Yuhang District
Entity Address, City or Town	Hangzhou
Entity Address, Postal Zip Code	311100
Entity Address, Country	CN
Contact Personnel Name	Mr. Dong Hu
City Area Code	+86 571
Local Phone Number	8817-6197
Contact Personnel Email Address	Email: ir@ebang.com
Class A Ordinary Shares
Document Information Line Items
Entity Common Stock, Shares Outstanding		140,750,554
Class B Ordinary Shares
Document Information Line Items
Entity Common Stock, Shares Outstanding		46,625,783

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 239,872,316	$ 13,669,439
Restricted cash, current	171,156	406,857
Short-term investments	35,443,246	40,835,000
Accounts receivable, net	9,872,746	7,205,113
Notes receivable		765,967
Advances to suppliers	1,057,096	221,186
Inventories, net	7,137,538	3,845,091
Prepayments	283,776	522,808
Other current assets, net	4,994,271	1,128,599
Total current assets	298,832,145	68,600,060
Non-current assets:
Property, plant and equipment, net	33,329,610	29,123,243
Intangible assets, net	22,512,208	23,077,435
Operating lease right-of-use assets	2,132,247	898,335
Operating lease right-of-use assets - related parties	1,136,775	17,701
Restricted cash, non-current	883,130	47,455
VAT recoverable	26,332,231	21,897,063
Other assets	705,825	538,934
Total non-current assets	87,032,026	75,600,166
Total assets	385,864,171	144,200,226
Current liabilities:
Accounts payable	3,387,836	2,762,187
Notes payable		1,087,673
Accrued liabilities and other payables	8,962,716	21,921,614
Loan due within one year		765,967
Operating lease liabilities, current	851,936	659,807
Operating lease liabilities - related parties, current	595,424	17,701
Income taxes payable	13,272	556,137
Due to related party		5,652,833
Advances from customers	894,174	832,842
Total current liabilities	14,705,358	34,256,761
Non-current liabilities:
Operating lease liabilities – related party, non-current	288,563
Deferred tax liabilities	178,582	872
Operating lease liabilities, non-current	1,712,303	118,827
Total non-current liabilities	2,179,448	119,699
Total liabilities	16,884,806	34,376,460
Equity:
Class A ordinary share, HKD0.001 par value, 333,374,217 shares authorized, 139,209,554 and 89,009,554 shares issued and outstanding as of December 31, 2021 and 2020, respectively	17,848	11,411
Class B ordinary share, HKD0.001 par value, 46,625,783 shares authorized, issued and outstanding as of December 31, 2021 and 2020, respectively	5,978	5,978
Additional paid-in capital	393,717,189	138,288,921
Statutory reserves	11,079,649	11,049,847
Accumulated deficit	(34,180,280)	(38,581,419)
Accumulated other comprehensive loss	(6,897,005)	(7,648,332)
Total Ebang International Holdings Inc. shareholders’ equity	363,743,379	103,126,406
Non-controlling interest	5,235,986	6,697,360
Total equity	368,979,365	109,823,766
Total liabilities and equity	$ 385,864,171	$ 144,200,226

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Class A Ordinary Shares
Ordinary share, par value (in Dollars per share)	$ 0.001	$ 0.001
Ordinary share, shares authorized	333,374,217	333,374,217
Ordinary share, shares issued	139,209,554	89,009,554
Ordinary share, shares outstanding	139,209,554	89,009,554
Class B Ordinary Shares
Ordinary share, par value (in Dollars per share)	$ 0.001	$ 0.001
Ordinary share, shares authorized	46,625,783	46,625,783
Ordinary share, shares issued	46,625,783	46,625,783
Ordinary share, shares outstanding	46,625,783	46,625,783

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Product revenue	$ 48,323,022	$ 9,677,278	$ 93,255,813
Service revenue	3,127,225	9,327,023	15,804,253
Total revenues	51,450,247	19,004,301	109,060,066
Cost of revenues	22,227,055	21,903,644	139,623,799
Gross profit (loss)	29,223,192	(2,899,343)	(30,563,733)
Operating expenses:
Selling expenses	1,418,586	925,373	1,213,294
General and administrative expenses	25,774,237	22,822,085	18,870,794
Total operating expenses	27,192,823	23,747,458	20,084,088
Income (loss) from operations	2,030,369	(26,646,801)	(50,647,821)
Other income (expenses):
Interest income	1,779,672	824,435	217,200
Interest expenses	(4,383)	(728,346)	(2,041,491)
Other income	133,477	81,733	84,992
Loss from investment	(3,656,520)
Exchange gain (loss)	1,780,087	(288,346)	5,693,798
Government grants	434,604	4,006,567	6,298,893
VAT refund			9,138
Other expenses	(108,328)	(108,624)	(287,530)
Total other income	358,609	3,787,419	9,975,000
Income (loss) before income taxes provision (benefit)	2,388,978	(22,859,382)	(40,672,821)
Income taxes provision (benefit)	(378,843)	9,251,542	400,311
Net income (loss)	2,767,821	(32,110,924)	(41,073,132)
Less: net income (loss) attributable to non-controlling interest	(1,663,120)	(1,435,504)	1,330,237
Net income (loss) attributable to Ebang International Holdings Inc.	4,430,941	(30,675,420)	(42,403,369)
Comprehensive income (loss)
Net income (loss)	2,767,821	(32,110,924)	(41,073,132)
Other comprehensive income (loss):
Foreign currency translation adjustment	953,073	1,960,109	(1,188,488)
Total comprehensive income (loss)	3,720,894	(30,150,815)	(42,261,620)
Less: comprehensive income (loss) attributable to non-controlling interest	(1,461,374)	(893,905)	1,330,237
Comprehensive income (loss) attributable to Ebang International Holdings Inc.	$ 5,182,268	$ (29,256,910)	$ (43,591,857)
Net income (loss) per ordinary share attributable to Ebang International Holdings Inc.
Basic (in Dollars per share)	$ 0.02	$ (0.25)	$ (0.38)
Diluted (in Dollars per share)	$ 0.02	$ (0.25)	$ (0.38)
Weighted average ordinary shares outstanding
Basic (in Shares)	177,715,336	121,941,226	111,771,000
Diluted (in Shares)	177,865,730	121,941,226	111,771,000

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($)	Class AOrdinary Shares	Class BOrdinary Shares	Ordinary Shares	Additional Paid-in Capital	Statutory Reserves	Accumulated Deficit	Accumulated Other Comprehensive Loss	Non-controlling Interest	Total
Balance at Dec. 31, 2018			$ 14,330	$ 23,888,023	$ 10,512,527	$ 35,034,690	$ (7,878,354)	$ 6,261,028	$ 67,832,244
Balance (in Shares) at Dec. 31, 2018			111,771,000
Transfer to reserve					537,320	(537,320)
Net income (loss)						(42,403,369)		1,330,237	(41,073,132)
Foreign currency translation adjustment							(1,188,488)		(1,188,488)
Balance at Dec. 31, 2019			$ 14,330	23,888,023	11,049,847	(7,905,999)	(9,066,842)	7,591,265	25,570,624
Balance (in Shares) at Dec. 31, 2019			111,771,000
Re-designation of ordinary shares to Class A and Class B ordinary shares immediately prior to the completion of initial public offering	$ 8,352	$ 5,978	$ (14,330)
Re-designation of ordinary shares to Class A and Class B ordinary shares immediately prior to the completion of initial public offering (in Shares)	65,145,217	46,625,783	(111,771,000)
Share issuance upon initial public offering, net of issuance cost	$ 2,470			91,682,290					91,684,760
Share issuance upon initial public offering, net of issuance cost (in Shares)	19,264,337
Share issuance following initial public offering, net of issuance cost	$ 589			22,506,246					22,506,835
Share issuance following initial public offering, net of issuance cost (in Shares)	4,600,000
Increase in capital from disposal of subsidiary				212,362					212,362
Net income (loss)						(30,675,420)		(1,435,504)	(32,110,924)
Foreign currency translation adjustment							1,418,510	541,599	1,960,109
Balance at Dec. 31, 2020	$ 11,411	$ 5,978		138,288,921	11,049,847	(38,581,419)	(7,648,332)	6,697,360	109,823,766
Balance (in Shares) at Dec. 31, 2020	89,009,554	46,625,783
Transfer to reserve					29,802	(29,802)
Share issuance following initial public offering, net of issuance cost	$ 4,693			186,772,032					186,776,725
Share issuance following initial public offering, net of issuance cost (in Shares)	36,600,000
Share issuance from exercise of warrants, net of issuance cost	$ 1,744			67,949,236					67,950,980
Share issuance from exercise of warrants, net of issuance cost (in Shares)	13,600,000
Share-based compensation				707,000					707,000
Net income (loss)						4,430,941		(1,663,120)	2,767,821
Foreign currency translation adjustment							751,327	201,746	953,073
Balance at Dec. 31, 2021	$ 17,848	$ 5,978		$ 393,717,189	$ 11,079,649	$ (34,180,280)	$ (6,897,005)	$ 5,235,986	$ 368,979,365
Balance (in Shares) at Dec. 31, 2021	139,209,554	46,625,783

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 2,767,821	$ (32,110,924)	$ (41,073,132)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization expenses	6,258,055	7,152,958	8,855,750
Provision for (reversal of) credit losses	(310,012)	2,740,639	26,297
Share-based compensation	707,000
Loss (gain) on disposal of property, plant and equipment	9,243	92,172	(18,796)
Amortization of debt issuance cost		7,098	235,686
Inventory write-down	2,233,452	3,644,243	6,341,957
Loss (gain) on short-term investment	3,656,520		(1,366)
Deferred income taxes	(2,845,588)	8,627,604	(132,767)
Impairment of property, plant and equipment	3,109,922
Noncash lease expenses	1,066,838	659,082	286,774
Changes in assets and liabilities:
Accounts receivable, net	333,888	(1,351,955)	13,251,422
Notes receivable	775,206	(724,627)
Inventories, net	(5,392,810)	9,725,152	49,197,114
Advances to suppliers	(818,666)	(3,601,544)	1,554,824
VAT recoverable	(3,799,426)	1,429,649	(6,118,957)
Prepayments and other current assets, net	(2,951,664)	3,287,612	(48,399)
Other assets	(51,928)
Accounts payable	559,817	(9,234,394)	(31,546,450)
Notes payable	(1,100,792)	1,028,971	(7,688,440)
Income taxes payable	13,790	(660)	(7,817,075)
Advances from customers	51,792	(204,926)	(980,958)
Accrued liabilities and other payables	(18,342,211)	(6,993,438)	2,416,318
NET CASH USED IN OPERATING ACTIVITIES	(14,069,753)	(15,827,288)	(13,260,198)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(6,153,759)	(10,833,436)	(5,832,609)
Purchases of intangible assets	(2,365,495)	(11,927,846)
Proceeds from disposal of property, plant and equipment		362,314	25,764
Cash paid for short-term investments	(472,357,646)	(79,915,000)	(130,906)
Collections from short-term investment	474,365,880	39,080,000	128,520
Proceeds from sale of subsidiary, net of cash disposed of		53,435
NET CASH USED IN INVESTING ACTIVITIES	(6,511,020)	(63,180,533)	(5,809,231)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from short-term loans		765,967	7,068,283
Repayment of short-term loans	(771,629)	(4,871,795)	(14,115,485)
Repayment of long-term loan			(8,333,333)
Proceeds from related party loans		9,631,014	27,366,576
Repayment to related parties	(5,671,902)	(27,657,811)	(3,438,258)
Proceeds from issuance of ordinary shares	254,727,705	114,191,595
NET CASH PROVIDED BY FINANCING ACTIVITIES	248,284,174	92,058,970	8,547,783
EFFECT OF FOREIGN EXCHANGE ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(900,550)	(4,705,565)	(3,181,463)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	226,802,851	8,345,584	(13,703,109)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	14,123,751	5,778,167	19,481,276
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR	240,926,602	14,123,751	5,778,167
Cash paid for:
Interest	4,382	1,493,469	1,323,827
Income taxes	928	293,028	8,119,721
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Liabilities assumed in connection with purchase of property, plant and equipment	3,318,477	5,731,084	3,010,849
Liabilities assumed in connection with purchase of intangible assets	366,407	7,951,897
Operating lease right-of-use asset obtained in exchange for operating lease liability	3,387,501	192,395	1,142,321
Transfer from other assets to property, plant and equipment		4,454,011	1,048
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets
Cash and cash equivalents	239,872,316	13,669,439	3,464,262
Restricted cash, current	171,156	406,857	2,270,588
Restricted cash, non-current	883,130	47,455	43,317
Total cash, cash equivalents and restricted cash	$ 240,926,602	$ 14,123,751	$ 5,778,167

Nature of Business and Organiza

Nature of Business and Organization	12 Months Ended
	Dec. 31, 2021
Nature of Business and Organization [Abstract]
Nature of business and organization	Note 1 – Nature of business and organization Ebang International Holdings Inc. (“Ebang International”) was incorporated on May 17, 2018, as a holding company, as an exempted company with limited liability in the Cayman Islands. Ebang International principally engages in manufacturing high-performance bitcoin mining machines and telecommunication products and conducts business through its subsidiaries in the People’s Republic of China (the “PRC”). In January 2010, Mr. Dong Hu, chairman of the board of directors and chief executive officer, founded Zhejiang Ebang Communication Technology Co., Ltd. (“Zhejiang Ebang”), which established Zhejiang Ebang Information Technology Co., Ltd. (“Ebang IT”) to conduct development and sales of communications network access devices and related equipment. In August 2015, Zhejiang Ebang was listed on the National Equities Exchange and Quotations (“NEEQ”). In August 2016, Zhejiang Ebang acquired 51.05% of the equity interest in Hangzhou Dewang Information Technology Co., Ltd. (“Hangzhou Dewang”) through capital injection in Hangzhou Dewang. In March 2018, Zhejiang Ebang was delisted from the NEEQ in preparation for the reorganizations. Ebang International underwent a series of onshore and offshore reorganizations, which were completed on May 22, 2018. Immediately before and after the reorganization, the controlling shareholder of Zhejiang Ebang controlled Zhejiang Ebang and Ebang International; therefore, for accounting purposes, the reorganization is accounted for as a transaction of entities under common control. Accordingly, the accompanying consolidated financial statements have been prepared as if the current corporate structure had been in existence throughout the periods presented. Ebang International and its consolidated subsidiaries are collectively referred to herein as the “Company”, “we” and “us”, unless specific reference is made to an entity. Corporate Structure Ebang International Holdings Inc. is a holding company incorporated in the Cayman Islands that does not have substantive operations. We conduct our businesses through our subsidiaries. As of December 31, 2021, our principal subsidiaries consist of the following entities (in chronological order based on their dates of incorporation): ● Zhejiang Ebang Communication Technology Co., Ltd., or Zhejiang Ebang, our majority-owned subsidiary and an onshore holding company established in the PRC on January 21, 2010 principally for holding our businesses in the design, manufacture and sale of telecommunications and blockchain processing equipment; ● Zhejiang Ebang Information Technology Co., Ltd., or Ebang IT, our majority-owned subsidiary and an operating entity established in the PRC on August 11, 2010 principally for the design, manufacture and sale of telecommunications and blockchain processing equipment; ● Hangzhou Dewang Information Technology Co., Ltd., or Hangzhou Dewang, our majority-owned subsidiary and an operating entity established in the PRC on December 31, 2015 principally for the design and manufacture of blockchain chips; ● Ebang Communications (HK) Technology Limited, or HK Ebang Communications (formerly known as Hong Kong Bite Co., Ltd. or HK Bite), our wholly-owned subsidiary and an operating entity established in Hong Kong on February 12, 2016 principally for the trading of blockchain chips; ● Hangzhou Ebang Jusheng Technology Co., Ltd., or Ebang Jusheng, our wholly-owned subsidiary and an operating entity established in the PRC on January 3, 2018 principally for the trading of telecommunications and blockchain processing equipment; and ● Ebonex Australia Pty Ltd, or Ebonex Australia, our wholly-owned subsidiary and an operating entity established in Australia on April 22, 2021 principally for operating the cryptocurrency exchange platform Ebonex. The accompanying consolidated financial statements reflect the activities of Ebang International and each of the following major entities: Name Background Ownership Orient Plus International Limited (“Orient Plus”) ● A British Virgin Islands (“BVI”) company 100% owned by Ebang International ● Incorporated on June 6, 2018 ● A holding company Ebang Communications (HK) Technology Limited (“HK Ebang Communications”), formerly known as Hong Kong Bite Co., Ltd. or HK Bite ● A Hong Kong company 100% owned by Orient Plus ● Incorporated on February 12, 2016 ● A Trading company Power Ebang Limited (“Power Ebang”) ● A British Virgin Islands company 100% owned by Ebang International ● Incorporated on February 26, 2018 ● A holding company HongKong Ebang Technology Co., Ltd. (“HK Ebang Technology”) ● A Hong Kong company 100% owned by Power Ebang ● Incorporated on February 12, 2018 ● A holding company Leader Forever Holdings Limited (“Leader Forever”) ● A British Virgin Islands company 100% owned by Ebang International ● Incorporated on January 7, 2019 ● A holding company HongKong Ebang Information Co., Ltd. (“HK Ebang Information”) ● A Hong Kong company 100% owned by Leader Forever ● Incorporated on April 1, 2019 ● A Trading company Hangzhou Ebang Hongfa Technology Co., Ltd. (“Ebang Hongfa”) ● A PRC limited liability company and deemed a wholly foreign owned enterprise (“WFOE”) 100% owned by HK Ebang Technology ● Incorporated on February 11, 2018 ● A holding company Hangzhou Ebang Hongling Technology Co., Ltd. (“Ebang Hongling”) ● A PRC limited liability company 100% owned by Ebang Hongfa ● Incorporated on July 3, 2019 Wuhai Ebang Information Technology Co., Ltd. (“Wuhai Ebang”) ● A PRC limited liability company 100% owned by Ebang Hongling ● Incorporated on September 18, 2017 Zhejiang Ebang Communication Technology Co., Ltd. (“Zhejiang Ebang”) ● A PRC limited liability company 99.99% owned by Ebang Hongfa ● Incorporated on January 21, 2010 Zhejiang Ebang Information Technology Co., Ltd. (“Ebang IT”) ● A PRC limited liability company 100% owned by Zhejiang Ebang ● Incorporated on August 11, 2010 Yunnan Ebang Information Technology Co., Ltd. (“Yunnan Ebang”) ● A PRC limited liability company 100% owned by Zhejiang Ebang ● Incorporated on June 28, 2016 Hangzhou Ebang Jusheng Technology Co., Ltd. (“Ebang Jusheng”) ● A PRC limited liability company 100% owned by Ebang Hongfa ● Incorporated on January 3, 2018 Hangzhou Dewang Information Technology Co., Ltd. (“Hangzhou Dewang”) ● A PRC limited liability company 51.05% owned by Ebang Hongfa ● Incorporated on December 31, 2015 Hangzhou Yibang Botong Technology Co., Ltd. ● A PRC limited liability company 80% owned by Zhejiang Ebang; 20% owned by Ebang Hongfa ● Incorporated on November 30, 2021 Ebonex International Limited ● A British Virgin Islands (“BVI”) company 100% owned by Ebang International ● Incorporated on August 18, 2020 Australia Ebon Pty Ltd ● An Australia company 100% owned by Ebonex ● Incorporated on October 13, 2020 International Limited ● A holding company Ebon Management Australia Pty Limited ● An Australia company 100% owned by Australia ● Incorporated on May 18, 2021 Ebon Pty Ltd

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of significant accounting policies	Note 2 – Summary of significant accounting policies Basis of presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for information pursuant to the rules and regulations of the SEC. Principles of consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. Non-controlling Interest Non-controlling interest on the consolidated balance sheets is resulted from the consolidation of Hangzhou Dewang, a 51.05% owned subsidiary, and Shanghai Yijiaxin IC Design Co., Ltd., a wholly-owned subsidiary of Hangzhou Dewang, which became effectively 51.05% owned by the Company. The portion of the income or loss applicable to the non-controlling interest in the subsidiaries are reflected in the consolidated statements of operations and comprehensive income (loss). Use of estimates and assumptions The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and revenues and expenses during the reporting periods. Significant accounting estimates reflected in the Company’s consolidated financial statements including, but not limited to, estimates for inventory write-down, useful lives and impairment of long-lived assets, credit losses and income taxes including valuation allowance for deferred tax assets. Changes in facts and circumstances may result in revised estimates. Actual results could differ from those estimates, and as such, differences may be material to the consolidated financial statements. Foreign currency translation and transaction The accompanying consolidated financial statements are presented in the United States dollar (“$”), which is the reporting currency of the Company. The functional currency of HK Ebang Communications, HK Ebang Information, all US and BVI entities is United State dollars, the functional currency of Ebang International, HK Ebang Technology is Hong Kong dollar (“HKD”), the functional currency of the PRC subsidiaries is Renminbi (“RMB”), the functional currency of the Australian entities is Australian dollar(“AUD”), and the functional currencies of the remaining subsidiaries are generally the local currencies used in the countries where these subsidiaries are incorporated. Assets and liabilities denominated in currencies other than the reporting currency are translated into the reporting currency at the rates of exchange ruling at the balance sheet date. Revenues, costs and expenses are translated at the average rates for the annual period. Translation gains and losses are recognized in the consolidated statements of operations and comprehensive income (loss) as other comprehensive income (loss). Transactions in currencies other than the reporting currency are measured and recorded in the reporting currency at the exchange rate prevailing on the transaction date. The cumulative gain or loss from foreign currency transactions is reflected in the consolidated statements of operations and comprehensive income (loss) as exchange gain (loss). Cash and cash equivalents Cash and cash equivalents consist of cash on hand, demand deposits and time deposits placed with banks or other financial institutions and have original maturities of less than three months. Restricted cash Restricted cash mainly represents the bank deposit used to pledge the bank acceptance notes and bank deposit pledged in exchange for guarantee services. As of December 31, 2021 and 2020, the Company had restricted cash balance of $1,054,286 and $454,312, respectively. Notes receivable and notes payable Notes receivable, generally due within twelve months and with specific payment terms and definitive due dates, are comprised of the bank acceptance notes issued by some customers to pay certain outstanding receivable balances to the Company. Notes payable represents bank acceptance notes issued by the Company to its vendors in the normal course of business. Bank acceptance notes do not bear interest. As of December 31, 2021 and 2020, notes receivables in the amount of nil Short - The Company’s short-term investments consist of investments in marketable securities, which are accounted for under ASC 321 and reported at their readily determinable fair values as quoted by market exchanges with changes in fair value recognized in earnings. Short-term investments also include wealth management products with certain financial institutions, which are subject to variable rates of return or not principal-guaranteed. For equity classified securities, the investments are recorded at fair market value with fair value change gains or losses recorded in interest income in the consolidated statements of operations and comprehensive income (loss). The Company also holds debt classified investments and are recorded as In addition, short-term investments are also comprised of time deposits placed with banks with original maturities of greater than three months but less than twelve months. Current expected credit losses The Company’s financial assets, primarily accounts receivable and other receivable, are within the scope of ASC Topic 326. The Company has identified the relevant risk characteristics of its customers and the related receivables and other current assets which include type of the products and services the Company provides, nature of the customers or a combination of these characteristics. Receivables with similar risk characteristics have been grouped into pools. For each pool, the Company considers the historical credit loss experience, current economic conditions, supportable forecasts of future economic conditions, and any recoveries in assessing the lifetime expected credit losses. Other key factors that influence the expected credit loss analysis include customer demographics, payment terms offered in the normal course of business to customers, and industry-specific factors that could impact the Company’s receivables. Additionally, external data and macroeconomic factors are also considered. Inventories, net Inventories, consisting of finished goods, work in process, and raw materials. Inventories are stated at the lower of cost and net realizable value. Cost of inventory is determined using the weighted average cost method. Adjustments are recorded to write down the cost of inventory to the estimated net realizable value due to slow-moving and obsolete inventory, which is dependent upon factors such as historical and forecasted consumer demand, and promotional environment. The Company takes ownership, risks and rewards of the products purchased. Property, plant and equipment, net Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are as follows: Buildings 20 years Computer software 10 years Leasehold improvements Over the shorter of the lease term or expected useful lives Office equipment 3-5 years Motor vehicles 5 years Mechanical equipment 3-10 years The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the consolidated statements of operations and comprehensive income (loss). Expenditures for maintenance and repairs are charged to earnings as incurred, while additions, renewals and betterments, which are expected to extend the useful life of assets, are capitalized. Construction in progress represents assets under construction. All direct costs relating to the construction are capitalized as construction in progress. Construction in progress is not depreciated until the asset is placed in service. Intangible assets, net The Company’s intangible assets with definite useful lives primarily consist of software, non-patent technology, license and land use right. The Company typically amortizes its software, non-patent technology and license with definite useful lives on a straight-line basis over the shorter of the contractual terms or the estimated useful lives. According to the law of PRC, the government owns all the land in the PRC. Companies or individuals are authorized to possess and use the land only through land use rights granted by the Chinese government for a specified period of time. The Company amortizes its land use rights using the straight-line method over the periods the rights are granted. The estimated useful lives are as follows: Land use right 50 years Software 18-65 months License 10 years Non-patent technology 1 year Impairment of long-lived assets Long-lived assets, including property, plant and equipment, right-of-use assets and intangible assets with finite lives are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. The Company assesses the recoverability of the assets based on the undiscounted future cash flows the assets are expected to generate and recognizes an impairment loss when estimated undiscounted future cash flows expected to result from the use of the asset plus net proceeds expected from the disposition of the asset, if any, are less than the carrying value of the asset. If an impairment is identified, the Company would reduce the carrying amount of the asset to its estimated fair value based on a discounted cash flows approach or, when available and appropriate, to comparable market values. For the years ended December 31, 2021, 2020 and 2019, impairment of long-lived assets was $3,109,922, nil nil Fair value measurement The accounting standard regarding the fair value of financial instruments and related fair value measurements defines financial instruments and requires disclosure of the fair value of financial instruments held by the Company. The accounting standards define fair value, establish a three-level valuation hierarchy for disclosures of fair value measurement and enhance disclosure requirements for fair value measures. The three levels are defined as follows: ● Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. Unobservable inputs reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. ASC 820 describes three main approaches to measuring the fair value of assets and liabilities: (1) market approach; (2) income approach; and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. The financial asset carried at fair value on a recurring basis as of December 31, 2021 and 2020 is as follows: Quoted Significant Significant Total Short-term investments As of December 31, 2021 $ 1,114,770 $ 34,328,476 $ - $ 35,443,246 As of December 31, 2020 $ - $ 40,835,000 $ - $ 40,835,000 Financial instruments included in current assets and current liabilities except for short-term investments, operating lease liability – related parties, current and due to related party are reported in the consolidated balance sheets at face value or cost, which approximate fair value because of the short period of time between the origination of such instruments and their expected realization and their current market rates of interest. Related party transactions Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operational decisions. Parties are also considered to be related if they are subject to common control or common significant influence. Related parties may be individuals or corporate entities. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated. It is not, however, practical to determine the fair value of amounts due from/to related parties due to their related party nature. Revenue recognition The Company accounts for its revenue in accordance with ASC 606, Revenue from Contracts with Customers (“Topic 606”) for all periods presented. Consistent with the criteria of Topic 606, the Company recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration which the entity expects to receive in exchange for those goods or services to the extent the Company deems the collection of such consideration is probable. Value-added tax that the Company collects concurrent with revenue-producing activities is excluded from revenue. Products revenue The Company generates revenue primarily from the sale of bitcoin mining machines and related accessories directly to a customer, such as a business or individual engaged in bitcoin mining activities. The Company recognizes revenue at a point in time when the control of the products has been transferred to customers. The transfer of control is considered complete when products have been picked up by or shipped to customers. The Company’s sales arrangements for bitcoin mining machines usually require a full prepayment before the delivery of products. The advance payment is not considered a significant financing component because the period between the Company transfers a promised good to a customer and when the customer pays for that good is short. The Company started to offer credit sales to certain customers in 2018. The payment terms under credit sales generally consist of full payment of consideration within one year after the shipping date. The Company also generates revenue from the sale of telecommunication products directly to a customer, such as a business or individual engaged in telecommunication businesses. The Company recognizes revenue at a point in time when products are delivered and customer acceptance is made. For the sales arrangements of telecommunications products, the Company generally requires payment upon issuance of invoices. The Company elected to account for shipping and handling fees that occur after the customer has obtained control of goods, for instance, free on board shipping point arrangements, as a fulfillment cost and accrues for such costs. Service revenue The Company also generates revenue from management and maintenance services under separate contracts. Revenue from management and maintenance services includes service fees for the provision of mining machine hosting services to customers and the provision of maintenance services. Revenue from the maintenance service to the customer is recognized at a point in time when services are provided. Revenue from the management service to the customer is recognized as the performance obligation is satisfied over time over the service period. Revenue disaggregation Management has concluded that the disaggregation level is the same under both the revenue standard and the segment reporting standard. Revenue under the segment reporting standard is measured on the same basis as under the revenue standard. See Note 16 for information regarding revenue disaggregation by product lines and countries. Contract liabilities Contract liabilities are recorded when consideration is received from a customer prior to transferring the goods or services to the customer or other conditions under the terms of a sales contract. As of December 31, 2021 and 2020, the Company recorded contract liabilities of $894,174 and $832,842, respectively, which were presented as advances from customers on the accompanying consolidated balance sheets. During the years ended December 31, 2021, 2020 and 2019, the Company recognized $126,333, $279,423 and $1,832,391, of contract liabilities as revenue, respectively. Segment reporting The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. The Company’s chief operating decision maker has been identified as the chief executive officer of the Company who reviews financial information based on U.S. GAAP. The chief operating decision maker now reviews results analyzed by the marketing channel. This analysis is only presented at the revenue level with no allocation of direct or indirect costs. Consequently, the Company has determined that it has only one operating segment. Selling and handling expenses Selling and handling costs amounted to $54,473, $96,997 and $97,719 for the years ended December 31, 2021, 2020 and 2019, respectively. Selling and handling costs are expensed as incurred and included in selling expenses. General and administrative expenses General and administrative expenses consist primarily of research and development expenses, salary and welfare for general and administrative personnel, rental expenses, depreciation and amortization associated with general and administrative personnel, allowance for doubtful accounts, entertainment expenses, general office expenses and professional service fees. The Company recognizes research and development expenses when incurred. Research and development expenses amounted to $6,557,208, $8,459,765 and $13,367,396 for the years ended December 31, 2021, 2020 and 2019, respectively. Operating leases The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, operating lease liability, current, and operating lease liability, non-current in the Company’s consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. When determining the lease term, the Company includes options to extend or terminate the lease when it is reasonably certain that it will exercise that option, if any. As the Company’s leases do not provide an implicit rate, the Company used an incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. For leases that have lease terms of 12 months or less and does not include a purchase option that is reasonably certain to exercise, the Company elected not to apply ASC 842 recognition requirements. Government grants Government grants represent cash subsidies received from PRC government. Cash subsidies that have no defined rules and regulations to govern the criteria necessary for companies to enjoy the benefits are recognized when received. Such subsidies are generally provided as incentives from the local government to encourage the expansion of local businesses. Total government grants received amounted to $434,604, $4,006,567 and $6,298,893 for the years ended December 31, 2021, 2020 and 2019, respectively. Value-added taxes Revenue is recognized net of value-added taxes (“VAT”). VAT is based on gross sales price and the VAT rate applicable to the Company is 17% for the period from the beginning of 2018 till the end of April 2018, then changed to 16% from May 2018 to the end of March 2019, and changed to 13% since April 2019. Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded as VAT payable if output VAT is larger than input VAT and is recorded as VAT recoverable if input VAT is larger than output VAT. All of the VAT returns filed by the Company’s subsidiaries in China, have been and remain subject to examination by the tax authorities. Pursuant to Caishui (2011) No. 100 issued by the State Tax Bureau of the PRC, Zhejiang Ebang and Ebang IT are qualified as enterprises selling self-developed software products and enjoying a tax refund for the excess of 3% of their actual tax burden after the VAT is levied at the 17% or 16% or 13% tax rate since January 2011. During the years ended December 31, 2021, 2020 and 2019, the total VAT refund received was nil nil Income taxes The Company accounts for current income taxes in accordance with the laws of the relevant tax authorities. The charge for taxation is based on the results for the fiscal year as adjusted for items, which are non-assessable or disallowed. It is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. Deferred taxes are accounted for using the asset and liability method in respect of temporary differences arising from differences between the carrying amount of assets and liabilities in the consolidated financial statements and the corresponding tax basis used in the computation of assessable tax profit. In principle, deferred tax liabilities are recognized for all taxable temporary differences. Deferred tax assets are recognized to the extent that it is probable that taxable profit will be available against which deductible temporary differences can be utilized. Deferred tax is calculated using tax rates that are expected to apply to the period when the asset is realized or the liability is settled. Deferred tax is charged or credited in the income statement, except when it is related to items credited or charged directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Current income taxes are provisioned in accordance with the laws of the relevant taxing authorities. An uncertain tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. No penalties and interest incurred related to underpayment of income tax are classified as income tax expenses in the period incurred. Comprehensive income (loss) Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) refers to revenues, expenses, gains and losses that under GAAP are recorded as an element of shareholders’ equity but are excluded from net income (loss). Other comprehensive income (loss) consists of a foreign currency translation adjustment resulting from the Company not using the United States dollar as its functional currency. Earnings (loss) per share The Company computes earnings (loss) per share (“EPS”) in accordance with ASC 260, “Earnings per Share”. ASC 260 requires companies to present basic and diluted EPS. Basic EPS is measured as net income (loss) attributable to Ebang International Holdings Inc., divided by the weighted average ordinary share outstanding for the period. Diluted EPS presents the dilutive effect on a per-share basis of the potential ordinary shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Statutory reserves Pursuant to the laws applicable to the PRC, PRC entities must make appropriations from after-tax profit to the non-distributable “statutory surplus reserve fund”. Subject to certain cumulative limits, the “statutory surplus reserve fund” requires annual appropriations of 10% of after-tax profit until the aggregated appropriations reach 50% of the registered capital (as determined under accounting principles generally accepted in the PRC (“PRC GAAP”) at each year-end). For foreign-invested enterprises and joint ventures in the PRC, annual appropriations should be made to the “reserve fund”. For foreign-invested enterprises, the annual appropriation for the “reserve fund” cannot be less than 10% of after-tax profits until the aggregated appropriations reach 50% of the registered capital (as determined under PRC GAAP at each year-end). If the Company has accumulated loss from prior periods, the Company is able to use the current period net income after tax to offset the accumulated loss. Concentration of credit risk Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. The Company places the cash and cash equivalents with financial institutions with high credit ratings and quality. The Company conducts credit evaluations of customers and generally does not require collateral or other security from its customers. The Company establishes an allowance for doubtful accounts primarily based upon various factors surrounding the credit risk of specific customers and general economic conditions. Refer to the current expected credit loss policy. Recently issued accounting pronouncements The Company does not believe the recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s consolidated financial statements.

Short-term investments

Short-term investments	12 Months Ended
	Dec. 31, 2021
Short-term Investments Disclosure [Abstract]
Short-term investments	Note 3 – Short-term investments Short-term investments consist of the following: As of December 31, As of December 31, 2021 2020 Marketable securities $ 1,114,770 $ - Time deposits 18,000,000 - Wealth management products 16,328,476 40,835,000 Total $ 35,443,246 $ 40,835,000 During the year ended December 31, 2020, the Company purchased bonds facilitated by a third-party broker for the aggregate amount of approximately $104 million, approximately $63 million was redeemed during the year ended December 31, 2020 and the remaining balance was redeemed in the year ended December 31, 2021. The balance of wealth management products as of December 31, 2021 represents wealth management products with variable rates of return or non-principle-guaranteed purchased from commercial banks.

Earnings (loss) per share

Earnings (loss) per share	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings (loss) per share	Note 4 – Earnings (loss) per share The calculation of basic earnings (loss) per share is based on the income attributable to ordinary shareholders of the Company and the weighted average number of ordinary shares in issue for the years ended December 31, 2021, 2020 and 2019. Diluted earnings (loss) per share is computed using the weighted average number of ordinary shares and dilutive potential common shares outstanding during the respective periods. The 13,600,000 Class A ordinary shares exercisable from warrants issued pursuant to the Warrant Inducement Offering and the 7,000,000 Class A ordinary shares exercisable from warrants issued pursuant to the March 2021 Offering (as defined below) are not included in the calculation of diluted earnings (loss) per share because they are anti-dilutive for the year ended December 31, 2021. All potential ordinary shares were anti-dilutive for the years ended December 31, 2020 and 2019 as the Company had net losses in the respective year. These ordinary shares could potentially dilute basic earnings (loss) per share in the future. The following reflects the income and share data used in the basic and diluted earnings (loss) per ordinary share computations: Years ended December 31, 2021 2020 2019 Earnings (loss) attributable to ordinary shareholders of the Company for basic earnings (loss) per share calculation $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Weighted average number of ordinary shares outstanding for basic earnings (loss) per share calculation 177,715,336 121,941,226 111,771,000 Basic earnings (loss) per share $ 0.02 $ (0.25 ) $ (0.38 ) Earnings (loss) attributable to ordinary shareholders of the Company for diluted earnings (loss) per share calculation $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Weighted average number of ordinary shares outstanding basic earnings (loss) per share calculation 177,715,336 121,941,226 111,771,000 Adjusted for: - incremental shares issuable related to warrants issued 150,394 - - Weighted average number of shares outstanding for diluted earnings (loss) per share calculation 177,865,730 121,941,226 111,771,000 Diluted earnings (loss) per share $ 0.02 $ (0.25 ) $ (0.38 )

Accounts receivable, net

Accounts receivable, net	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Accounts receivable, net	Note 5 – Accounts receivable, net Accounts receivable, net consist of the following: As of December 31, As of December 31, 2021 2020 Accounts receivable $ 14,474,383 $ 11,993,968 Less: Allowance for doubtful accounts (4,601,637 ) (4,788,855 ) Accounts receivable, net $ 9,872,746 $ 7,205,113 Movements of allowance for doubtful accounts are as follows: For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Allowance for doubtful accounts, beginning balance $ 4,788,855 $ 1,772,280 $ 1,769,468 Provision for (reversal of) doubtful accounts (310,012 ) 2,740,639 26,297 Effects of foreign exchange rate 122,794 275,936 (23,485 ) Allowance for doubtful accounts, ending balance $ 4,601,637 $ 4,788,855 $ 1,772,280

Inventories, Net

Inventories, Net	12 Months Ended
	Dec. 31, 2021
Inventory Disclosure [Abstract]
Inventories, net	Note 6 – Inventories, net As of December 31, As of December 31, 2021 2020 Finished goods $ 11,443,135 $ 2,230,580 Work in process 1,481,664 31,303,333 Raw materials 21,616,348 28,370,424 34,541,147 61,904,337 Less: inventory write-down (27,403,609 ) (58,059,246 ) Inventories, net $ 7,137,538 $ 3,845,091 During the years ended December 31, 2021, 2020 and 2019, the Company recorded write-down for the potentially obsolete, slow-moving inventories and lower of cost or market adjustment of $2,233,452, $3,644,243 and $6,341,957 in cost of revenues, respectively.

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Property, plant and equipment, net	Note 7 – Property, plant and equipment, net Property, plant and equipment, net consist of the following: As of December 31, As of December 31, 2021 2020 Buildings $ 4,031,395 $ 3,927,085 Mechanical equipment 19,935,874 19,562,087 Motor vehicles 454,624 348,941 Office equipment 7,369,316 6,772,941 Computer software 753,986 174,740 Leasehold improvement 1,197,048 218,004 Construction in progress 28,874,739 21,059,285 Total 62,616,982 52,063,083 Accumulated depreciation (25,464,318 ) (22,939,840 ) Provision for impairment (3,823,054 ) - Property, plant and equipment, net $ 33,329,610 $ 29,123,243 Depreciation expense for the years ended December 31, 2021, 2020 and 2019 amounted to $2,858,406, $6,347,738 and $7,994,727, respectively. For the year ended December 31, 2021, the Company recorded an impairment charge of $3,109,922 against a certain building as the carrying amount of the asset was deemed not recoverable due to the asset’s economic obsolescence identified during the period. No impairment was recorded for the years ended December 31, 2020 and 2019.

Intangible Assets, Net

Intangible Assets, Net	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible assets, net	Note 8 – Intangible assets, net The following table presents the Company’s intangible assets as of the respective balance sheet dates: As of December 31, As of December 31, 2021 2020 Land use right $ 3,005,644 $ 2,927,874 Non-patent technology 482,604 470,117 Software 6,197,055 3,345,742 License 19,879,743 19,879,743 Total 29,565,046 26,623,476 Accumulated amortization (7,052,838 ) (3,546,041 ) Intangible assets, net $ 22,512,208 $ 23,077,435 Amortization expense for the years ended December 31, 2021, 2020 and 2019 amounted to $3,399,649, $805,220 and $861,023, respectively. Estimated future amortization expense related to intangible assets held as of December 31, 2021: Year 2022 $ 3,531,230 2023 2,500,296 2024 2,140,538 2025 2,048,087 2026 2,048,087 Thereafter 10,243,970 Total $ 22,512,208

Accrued Liabilities and Other P

Accrued Liabilities and Other Payables	12 Months Ended
	Dec. 31, 2021
Payables and Accruals [Abstract]
Accrued liabilities and other payables	Note 9 – Accrued liabilities and other payables The components of accrued liabilities and other payables are as follows: As of December 31, As of December 31, 2021 2020 Salary payable $ 1,444,161 $ 794,022 Payable to consultants 1,531,560 1,527,340 License payable - 7,951,898 Refundable deposit to customers 1,262,817 1,230,142 Payable to property, plant and equipment suppliers 3,684,884 9,375,507 Other accrued liabilities 1,039,294 1,042,705 Total accrued liabilities and other payables $ 8,962,716 $ 21,921,614 Other accrued liabilities mainly consist of insurance payables, social security payables and accrued professional service fees.

Loan

Loan	12 Months Ended
	Dec. 31, 2021
Loans [Abstract]
Loan	Note 10 – Loan In 2020, the Company borrowed a loan of RMB 5,000,000 (approximately $766,000) from the Hangzhou United Bank. The loan is not secured, bears an effective annual interest rate of 5.50% and matures in September 2021. The loan is fully repaid in the year ended December 31, 2021. See Note 18 for related party loans.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income taxes	Note 11 – Income taxes Cayman Islands Under the current laws of the Cayman Islands, Ebang International is not subject to tax on income or capital gain. Additionally, upon payments of dividends to the shareholders, no Cayman Islands withholding tax will be imposed. British Virgin Islands (“BVI”) The Company’s subsidiaries incorporated in the BVI are not subject to tax on income or capital gain, In addition, payments of dividend by these subsidiaries to their shareholders are not subject to withholding tax in the BVI. Hong Kong The Company’ subsidiaries incorporated in Hong Kong are subject to Hong Kong Profits Tax on the taxable income as reported in its statutory financial statements adjusted in accordance with relevant Hong Kong tax laws. The applicable tax rate is 8.25% on assessable profits arising in or derived from Hong Kong up to HKD2,000,000 and 16.5% on any part of assessable profits over HKD2,000,000. PRC The Company’s subsidiaries incorporated in the PRC are governed by the income tax laws of the PRC and the income tax provision in respect to operations in the PRC is calculated at the applicable tax rates on the taxable income for the periods based on existing legislation, interpretations and practices in respect thereof. Under the Enterprise Income Tax Laws of the PRC (the “EIT Laws”), domestic enterprises and Foreign Investment Enterprises (the “FIE”) are usually subject to a unified 25% enterprise income tax rate while preferential tax rates, tax holidays and even tax exemption may be granted on case-by-case basis. EIT grants preferential tax treatment to certain High and New Technology Enterprises (“HNTEs”). Under this preferential tax treatment, HNTEs are entitled to an income tax rate of 15%, subject to a requirement that they re-apply for HNTE status every three years. Zhejiang Ebang obtained the “high-tech enterprise” tax status in November 2017, which reduced its statutory income tax rate to 15% from November 2017 to November 2020. Zhejiang Ebang further re-applied and obtained the HNTE status in December 2020. Hangzhou Dewang obtained the “high-tech enterprise” tax status in November 2018, which reduced its statutory income tax rate to 15% from November 2018 to November 2021. Hangzhou Dewang further re-applied and obtained the HNTE status in December 2021. In addition, Ebang IT obtained the “high-tech enterprise” tax status in December 2021, which reduced its statutory income tax rate to 15% from December 2021 to December 2023. The subsidiaries of the Company incorporated in other countries are subject to income tax pursuant to the rules and regulations of their respective countries of incorporation. Reconciliation of the differences between statutory income tax rate and the effective tax rate The reconciliation of tax computed by applying the statutory income tax rate of 25% for the years ended December 31, 2021, 2020 and 2019 applicable to the PRC operations to income tax expenses is as follows: For the year For the year For the year 2021 2020 2019 Statutory income tax rate 25.00 % 25.00 % 25.00 % Effect of expenses not deductible for tax purposes 0.40 % 0.00 % (0.03 )% Effect of additional deduction of research and development expense (35.10 )% 6.70 % 6.33 % Effect of income tax exemptions and reliefs 60.90 % (0.70 )% 0.01 % Effect of valuation allowance on deferred income tax assets 2.20 % (67.10 )% (29.70 )% Income tax difference under different tax jurisdictions (45.70 )% (2.20 )% - Prior year true-ups (23.60 )% - - Others - (2.10 )% (2.59 )% Total (15.90 )% (40.40 )% (0.98 )% Significant components of the provision for income taxes are as follows: For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Current income tax expense $ 2,466,745 $ 623,938 $ 533,078 Deferred tax expense (benefit) (2,845,588 ) 8,627,604 (132,767 ) Income taxes provision (benefit) $ (378,843 ) $ 9,251,542 $ 400,311 For the purpose of presentation in the consolidated balance sheets, deferred income tax assets and liabilities have been offset. Significant components of deferred tax assets and liabilities are as follows: As of December 31, As of December 31, 2021 2020 Provision for doubtful accounts $ 6,374,477 $ 8,701,439 Net operating loss carryforward 19,012,186 19,478,753 Accrued expenses and others 3,899,556 3,510,029 29,286,219 31,690,221 Less: valuation allowance (29,286,219 ) (31,538,060 ) Deferred tax assets $ - $ 152,161 Intangible assets $ - $ 153,033 Property, plant and equipment 165,735 - Bad debt allowance 12,847 - Deferred tax liabilities $ 178,582 $ 153,033 Total deferred tax liabilities $ 178,582 $ 872 In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the cumulative earnings and projected future taxable income in making this assessment. Recovery of substantially all of the Company’s deferred tax assets is dependent upon the generation of future income, exclusive of reversing taxable temporary differences. Uncertain tax positions The PRC tax authorities conduct periodic and ad hoc tax filing reviews on business enterprises operating in the PRC after those enterprises complete their relevant tax filings. In general, the PRC tax authorities have up to five years to conduct examinations of the tax filings of the Company’s PRC entities. Accordingly, the PRC subsidiaries’ tax years of 2016 through 2020 remain open to examination by the respective tax authorities. It is therefore uncertain as to whether the PRC tax authorities may take different views about the Company’s PRC entities’ tax filings, which may lead to additional tax liabilities. The Company evaluates each uncertain tax position (including the potential application of interest and penalties) based on the technical merits, and measures the unrecognized benefits associated with the tax positions. As of December 31, 2021 and 2020, the Company did not have any significant unrecognized uncertain tax positions.

Equity

Equity	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Equity	Note 12 – Equity Ordinary shares The Company adopted a dual-class share structure. Each Class A ordinary share is entitled to one vote per share and each Class B ordinary share is entitled to twenty votes per share. Each Class B ordinary share can be converted into one Class A ordinary share at any time, while Class A ordinary shares cannot be converted into Class B ordinary shares. The Company completed the initial public offering (“IPO”) in 2020 with new issuance of totaling 19,264,337 Class A ordinary shares at a price of $5.23 per share. Net proceeds raised by the Company from the IPO amounted to approximately $92 million after deducting underwriting discounts and commissions and other offering expenses. The Company received all the net proceeds on July 2, 2020. The Company commenced an additional offering with new issuance of totaling 8,000,000 units at a price of $5.25 per unit in November 2020 (the “November 2020 Offering”), intending to raise $42 million funding prior to deducting underwriting discounts and commissions and other offering expenses. Each unit consists of one share of Class A ordinary shares and one warrant to purchase one-half of a Class A ordinary share. As of December 31, 2020, the Company completed the offering of 4,600,000 units in relation to the November 2020 Offering and received net proceeds of approximately $23 million. The units issued consisting of an aggregate of 4,600,000 shares of Class A ordinary shares and 4,600,000 warrant which can be exercised for 2,300,000 shares of Class A ordinary shares. In January 2021, the Company completed the November 2020 Offering by selling another 3,400,000 units for net proceeds of approximately $17 million. The units issued consisting of an aggregate of 3,400,000 shares of Class A ordinary shares and 3,400,000 warrant which can be exercised for 1,700,000 shares of Class A ordinary shares. In February 2021, the Company launched another offering for an aggregate of 19,200,000 units at $5 per unit (the “February 2021 Offering”). Each unit offered in the February 2021 Offering consist of one Class A ordinary share and one warrant to purchase one-half of one Class A ordinary share. The warrants are immediately exercisable and expire on the fifth anniversary of the original issuance date. The exercise price of each two warrant is $5.25. The warrants may be exercised only for a whole number of shares and the Company does not issue fractional shares upon exercise of the warrants. The Company completed the February 2021 Offering by selling 19,200,000 units and received net proceeds of approximately $90 million. The units issued consisting of an aggregate of 19,200,000 shares of Class A ordinary shares and 19,200,000 warrant which can be exercised for 9,600,000 shares of Class A ordinary shares. The Company also entered into inducement agreements with certain investors (the “Holders”) in February 2021 to induce them to exercise the warrants issued to them in connection with the November 2020 Offering and the February 2021 Offering for all 13,600,000 Class A ordinary shares available for exercise thereunder (the “Warrant Inducement Offering”). The Holders exercised these warrants, in full, and were issued 13,600,000 Class A ordinary shares as a result of such exercises, with the Company receiving aggregate net proceeds of approximately $68 million after deducting sales commissions payable to the warrant solicitation agents and related expenses. Additionally, as consideration for their exercise of such warrants, the Company issued to the Holders the new warrants, which are exercisable, anytime within five (5) years from the date on which they became exercisable, at an exercise price of $11.06 per share, for an aggregate of up to the 13,600,000 Class A ordinary shares. In March 2021, the Company launched another offering for an aggregate of 14,000,000 units at $6.1 per unit (the “March 2021 Offering”). Each unit offered in the March 2021 Offering consist of one Class A ordinary share and one warrant to purchase one-half of one Class A ordinary share. The warrants are immediately exercisable and expire on the fifth anniversary of the original issuance date. The exercise price of each two warrant is $6.59. The warrants may be exercised only for a whole number of shares and the Company does not issue fractional shares upon exercise of the warrants. The Company completed the March 2021 Offering by selling 14,000,000 units and received net proceeds of approximately $80 million. The units issued consisting of an aggregate of 14,000,000 shares of Class A ordinary shares and 14,000,000 warrant which can be exercised for 7,000,000 shares of Class A ordinary shares. Warrants The following table sets forth the Company’s warrant activities for the years ended December 31, 2021, 2020 and 2019: Number of shares Weight- average issuable exercise price Balance at January 1, 2019 - $ - Outstanding and exercisable at January 1, 2019 - - Balance at December 31, 2019 - - Outstanding and exercisable at December 31, 2019 - - Granted 2,300,000 5.50 Balance at December 31, 2020 2,300,000 5.50 Outstanding and exercisable at December 31, 2020 2,300,000 5.50 Granted 31,900,000 8.03 Exercised (13,600,000 ) 5.32 Balance at December 31, 2021 20,600,000 9.54 Outstanding and exercisable at December 31, 2021 20,600,000 $ 9.54 The intrinsic value of these warrants was approximately nil

Share-based compensation

Share-based compensation	12 Months Ended
	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Share-based compensation	Note 13 – Share-based compensation In order to attract and retain talents, the Company adopted a share incentive plan in April 2020, which was amended and restated on July 9, 2021 (the “2020 Plan”). The maximum aggregate number of shares that may be issued pursuant to all awards under the 2020 Plan shall be 10,482,827 Class A ordinary shares. The Company adopted the 2021 Share Incentive Plan, under which the maximum aggregate number of shares that may be issued pursuant to all awards shall be 10,000,000 Class A ordinary shares. The Company granted 1,836,000 and nil is further subject to performance conditions whereby a 50% or 100% of the RSAs to be vested in a given year will be forfeited based on the result of an annual performance review of the grantee in accordance with predetermined performance targets. The unvested portion of the RSAs will also be forfeited upon the termination of employment or service during the vesting period. The Company estimates the annual performance review result for each grantee and The following table summarized the Company’s RSUs activity under the 2020 Plan: Weighted average Number of grant date fair value Unvested, January 1, 2021 - - Granted 1,836,000 2.52 Vested - - Forfeited (220,000 ) 2.52 Unvested, December 31, 2021 1,616,000 2.52

Operating leases

Operating leases	12 Months Ended
	Dec. 31, 2021
Operating Leases Disclosure [Abstract]
Operating leases	Note 14 – Operating leases The Company entered into operating lease agreements for factory buildings, office spaces and employee dormitories including lease agreements with its related party, with various initial term expiration dates through 2022 and various renewal and termination options. None of the amounts disclosed below for these leases contains variable payments, residual value guarantees or options that were recognized as part of the right-of-use assets and lease liabilities. As the Company’s leases did not provide an implicit discount rate, the Company used an incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. As of December 31, 2021 and 2020, the Company recognized operating lease liabilities, including current and noncurrent, in the amount of $3,448,226 and $796,335, respectively, and the corresponding operating lease right-of-use assets of $3,269,022 and $916,036, respectively. Also see Note 18 for related party operating lease commitments. The following components of lease cost are included in the Company’s consolidated statements of operations and comprehensive income (loss): For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Operating lease cost $ 1,177,689 $ 704,264 $ 662,505 Short-term lease cost 117,118 29,007 116,728 Total lease cost $ 1,294,807 $ 733,271 $ 779,233 Supplemental cash flow information related to operating leases was as follows: For the year ended For the year ended For the year ended December 31, December 31, December 31, 2021 2020 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 1,414,151 $ 690,626 $ 854,431 Supplemental lease cash flow disclosure Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 3,387,501 $ 192,395 $ 1,142,321 Supplemental balance sheet information related to operating leases was as follows: As of As of December 31, December 31, 2021 2020 Operating lease right-of-use assets $ 2,132,247 $ 898,335 Operating lease right-of-use assets – related parties 1,136,775 17,701 Total operating lease right-of-use assets $ 3,269,022 $ 916,036 Operating lease liabilities, current $ 851,936 $ 659,807 Operating lease liabilities – related parties, current 595,424 17,701 Operating lease liabilities, non-current 1,712,303 118,827 Operating lease liabilities – related party, non-current 288,563 - Total operating lease liabilities $ 3,448,226 $ 796,335 Weighted average remaining lease term of operating leases 3.09 Years 1.51 Years Weighted average discount rate of operating leases 6.5250 % 6.5250 % The Company’s maturity analysis of operating lease liabilities as of December 31, 2021 is as follows: Operating Leases 2022 $ 1,597,865 2023 1,038,070 2024 635,801 2025 490,136 2026 - Thereafter - Total lease payment 3,761,872 Less: imputed interest (313,646 ) Present value of operating lease liabilities 3,448,226 Less: current obligation (1,447,360 ) Long-term obligation at December 31, 2021 $ 2,000,866

Statutory reserves and restrict

Statutory reserves and restricted net assets	12 Months Ended
	Dec. 31, 2021
Statutory Reserves And Restricted Net Assets [Abstract]
Statutory reserves and restricted net assets	Note 15 – Statutory reserves and restricted net assets As a result of the PRC laws and regulations and the requirement that distributions by PRC entities can only be paid out of distributable profits computed in accordance with PRC GAAP, the PRC entities are restricted from transferring a portion of their net assets to the Company. Amounts restricted include paid-in capital, additional paid-in capital, and the statutory reserves of the Company’s PRC subsidiaries. As of December 31 As of December 31, 2021 2020 PRC entities Additional paid-in capital $ 23,919,850 $ 23,919,850 Statutory reserves 11,079,649 11,049,847 Total restricted net assets $ 34,999,499 $ 34,969,697 As of December 31, 2021 and 2020, total restricted net assets were $34,999,499 and $34,969,697, respectively.

Segment and revenue analysis

Segment and revenue analysis	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Segment and Revenue Analysis	Note 16 – Segment and revenue analysis The Company operates in a single operating segment that includes the selling of bitcoin mining machines and related accessories, telecommunication products and providing management and maintenance services. The following table summarizes the revenue generated from different revenue streams: For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Revenue Product sale - Bitcoin mining machines and related accessories $ 39,756,156 $ 7,951,296 $ 89,919,400 Product sale - Telecommunication 8,566,866 1,725,982 3,336,413 Service - Management and maintenance 3,127,225 9,327,023 15,804,253 $ 51,450,247 $ 19,004,301 $ 109,060,066 The following table summarizes the revenues generated from different geographic region: For the year December 31, For the year December 31, For the year December 31, 2021 2020 2019 Geographic region Revenue Mainland China $ 51,432,545 $ 18,962,130 $ 95,373,150 United States of America - 9,338 1,407,546 Hong Kong - - 1,673,300 Other foreign countries 17,702 32,833 10,606,070 $ 51,450,247 $ 19,004,301 $ 109,060,066 As most of the Company’s long-lived assets are located in the PRC, no geographic information on the long-lived assets is presented.

Credit Risk and Major Customers

Credit Risk and Major Customers	12 Months Ended
	Dec. 31, 2021
Risks and Uncertainties [Abstract]
Credit risk and major customers	Note 17 – Credit risk and major customers Accounts receivable concentration of credit risk is as below: As of As of 2021 2020 Customer A * % 19 % Customer B 13 % * % Customer C 13 % * % Customer D 11 % 10 % Customer E * % 24 % Supplier concentration of credit risk is as below: For the year For the year For the year 2021 2020 2019 Supplier N 22 % * % * % Supplier O 13 % * % * % Supplier P * % 28 % * % Supplier Q * % 44 % 18 % Supplier R * % * % 45 % Revenue concentration of credit risk is as below: For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Customer F 11 % * % * % Customer G * % * % 16 % Customer H 32 % * % * % Customer D * % 20 % * % Customer J * % 18 % * % Customer E * % 12 % * % Customer K * % 10 % * % Customer L * % 10 % * % Customer M * % 10 % * % * Less than 10%

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Related party transactions	Note 18 – Related party transactions a) Related parties Name of related parties Relationship with the Company Dong Hu Chief executive officer (CEO) of the Company Hong Kong Dewang Limited Wholly owned by Zhengqian Jiang, father-in-law of Dong Hu Zhejiang Wansi Computer Manufacturing Company Limited 68% owned by Aiqun Jiang, spouse of Dong Hu Hangzhou Yibang Zhiyang Technology Co., Ltd. Controlled by Dong Hu Top Max Limited Controlled by Dong Hu Shubo Qian Brother-in-law of Dong Hu Jun Hu Sister of Dong Hu Hangzhou Yiquansheng Communication Technology Co., Ltd. Controlled by Dong Hu b) Long-term loans from related party During the year ended December 31, 2020, the Company obtained loans in the amount of $6,481,700 from Hong Kong Dewang Limited with interest rate of 4.7500% per annum. As of December 31, 2020, the Company has fully repaid the loan related to Hong Kong Dewang Limited. The interest associated with this loan for the amount of approximately $678,000, was included in the consolidated statement of operations and comprehensive income (loss). During the year ended December 31, 2019, the Company obtained loans in the amount of $17,632,000 from Hong Kong Dewang Limited with interest rate of 4.7500% per annum. The maturity dates of the loans existing as of December 31, 2019 ranged from June 5, 2022 to September 30, 2022. The principal and interests shall be repaid in full on the maturity date. c) Operating leases with related parties: The Company leases office space from Zhejiang Wansi Computer Manufacturing Company Limited under non-cancellable operating lease agreements with lease terms ranging from two to three years. Lease expense from related party for the years ended December 31, 2021, 2020 and 2019 amounted to $31,647, $29,582 and $29,545, respectively. The Company leases office space from Hangzhou Yiquansheng Communication Technology Co., Ltd. under non-cancellable operating lease agreements with lease terms of 31 months. Lease expense from related party for the years ended December 31, 2021, 2020 and 2019 amounted to $378,652, nil nil d) Due to related party The balance of due to related party represents advances the Company obtained from a related party. The balances owed to the related party are unsecured, non-interest bearing and payable on demand. As of December 31, 2021 and 2020, due to related party consisted of the followings: As of As of December 31, December 31, 2021 2020 Zhejiang Wansi Computer Manufacturing Company Limited $ - $ 5,652,833 For the year ended December 31, 2020, the Company borrowed approximately $1.8 million from and repaid approximately $2.8 million to Zhejiang Wansi Computer Manufacturing Company Limited, respectively. As of December 31, 2021, the borrowings have been fully repaid by the Company. e) Interest free loans from related parties During the year ended December 31, 2020, the Company borrowed $749,949 from Dong Hu and fully repaid the loan in the same period. The loan is unsecured, non-interest bearing and payable on demand. During the year ended December 31, 2019, the Company borrowed $1,050,000 from Shubo Qian, a related party and fully repaid the loan in the same period. The loan is unsecured, non-interest bearing and payable on demand. During the year ended December 31, 2019, the Company borrowed RMB14,500,000 (approximately $2,081,000) from Jun Hu, a related party and fully repaid the loan in the same period. The loan is unsecured, non-interest bearing and payable on demand. f) Disposal of a subsidiary to a related party In December 2020, the Company disposed Hangzhou Yiquansheng to an affiliate controlled by Mr. Dong Hu, CEO of the Company, for RMB500,000. The gain on disposal of Hangzhou Yiquansheng is accounted for as a capital contribution from Dong Hu, CEO as a result of this transaction between entities under common control of Dong Hu. The disposal of Hangzhou Yiquansheng does not constitute a strategic shift of the Company’s operation. During the year ended December 31, 2020, Hangzhou Yiquansheng borrowed approximately $562,000 from the affiliate controlled by Mr. Dong Hu. The liability was extinguished in connection with the disposal of Hangzhou Yiquansheng, related gain on extinguishment is included in the gain on disposal, accounted for as a capital contribution.

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Note 19 – Contingencies On July 16, 2018, Wangjing Technology (Suzhou) Co., Ltd. (“Wangjing Technology”) filed a copyright infringement dispute against Zhejiang Ebang and three other defendants. On January 1, 2016, due to production and operation needs, Zhejiang Ebang entrusted the fourth defendant Suzhou Qiao Network Technology Co., Ltd. (“Suzhou Qiao”) to carry out technical development (involving products: embedded software for gateway). In the process of technical cooperation, the software developed by the fourth defendant Suzhou Qiao was charged for copyright infringement and Zhejiang Ebang is thereby involved in the case. The plaintiff, Wangjing Technology sued the defendants in this case to jointly compensate the plaintiff for the economic losses and reasonable rights maintenance costs totaling RMB3 million (approximately $431,000). On August 6, 2020, Zhejiang Ebang received the judgment of the first trial of the case, and the judgment was as follows: 1) Zhejiang Ebang and Suzhou Qiao should immediately cease the infringement of the plaintiff’s software copyright. 2) Zhejiang Ebang and Suzhou Qiao should jointly compensate the plaintiff by RMB0.5 million (approximately $71,000). 3) Zhejiang Ebang should publish notices on its official website regarding the copyright infringement involved in the case for no less than 15 consecutive days. 4) The Court rejected the plaintiff’s other claims. Zhejiang Ebang has filed an appeal and the judgment of the first trial has not yet become effective due to the appeal. On January 27, 2021, the appeal has been held online for trial investigation. The result of this appeal is still pending. At current stage, the management of the Company, together with the trial counsel of this case, believe it is probable that the appeal might not be successful, and in turn, the Company might become liable for up to RMB0.5 million compensation pursuant to the judgment from the first trial. The Company has recorded an expense of RMB0.5 million related to this matter for the year ended December 31, 2021. In April 2021, Chongqing Duomeiduo Culture Media Co., Ltd. (“DMD”) filed a civil action in the Beijing Chaoyang District People’ Court against the Company for sales contract disputes, claiming the Company and Borui Shikong Culture Communication Co., Ltd. to return the payment made for the contract in dispute, totaling RMB2 million and 30 bitcoins. On December 16, 2021, the case was transferred to Beijing Dongcheng District People's Court for trial. The date of the trial is not determined. At current stage, the management of the Company, together with the trial counsel of this case, believe the possibility of an unfavorable outcome is reasonably possible. However, the amount liable by the Company in the event of an unfavorable outcome, cannot be reasonably estimated. From time to time, the Company is subject to legal proceedings and claims in the ordinary course of business. The Company records a liability when it is both probable that a liability will be incurred and the amount of the loss can be reasonably estimated. The Company reviews the need for any such liability on a regular basis. Litigation settlement In November 2019, the Company brought a claim against one of the Company’s customers and the ultimate beneficial owner of the mining machines (collectively, the “defendants”) in connection with a sale of 80,000 mining machines for an amount of RMB403 million (approximately $58 million) pursuant to a sales contract and a supplementary contract, alleging that the defendants only paid RMB13 million (approximately $2 million) of the total balance and seeking full payment of the outstanding RMB282 million (approximately $40 million) balance plus interest and hold both defendants jointly and severally liable. In August 2021, an agreement was reached between the Company and defendants following a mediation by the court, pursuant to which the defendants agree to pay a total of RMB272 million to the Company. When the sales contract was entered into in 2018, no associated revenue was recognized as the Company concluded the collection of the consideration was not probable. The Company has received RMB106 million (approximately $16 million) from the settlement during the year ended December 31, 2021 and such receipt was recorded as revenue in the consolidated statements of operations and comprehensive income (loss) because the contract has been terminated which leaves the Company no remaining obligations to transfer products and the receipt of consideration is nonrefundable.

Subsequent events

Subsequent events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent events	Note 20 – Subsequent events In January 2022, the Company granted an aggregate of 1,541,000 RSAs to certain employees. These RSAs are vested immediately. In March 2022, the Company, through its subsidiary Australia Ebon Pty Ltd, acquired Compass Global Holdings Pty Ltd for a consideration of AUD8.0 million. The acquired entity holds the Australian Financial Services License (the “License”) issued by the Australian Securities & Investments Commission(“ASIC”), which allows the Company to conduct financial services business in Australia. In March and April 2022, the Company granted an aggregate of 3,025,000 and 504,000 RSAs, respectively, to certain employees. The RSAs vest over four years with 25% vested at each anniversary and the vesting of these RSAs is further subject to performance conditions whereby a portion of the RSUs to be vested in a given year will be forfeited based on the result of an annual performance review of the grantee in accordance with predetermined performance targets. The unvested portion of the RSAs will also be forfeited upon the termination of employment or service during the vesting period.

Condensed financial information

Condensed financial information of the parent company	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
Condensed financial information of the parent company	Note 21 – Condensed financial information of the parent company The Company performed a test on the restricted net assets of consolidated subsidiaries in accordance with Securities and Exchange Commission Regulation S-X Rule 5-04 and concluded that it was applicable for the Company to disclose the financial statements for the parent company. The following condensed financial statements of the Parent Company have been prepared using the same accounting policies as set out in the Company’s consolidated financial statements except that the Parent Company used the equity method to account for its investment in its subsidiaries. The Parent Company and its subsidiaries were included in the consolidated financial statements whereby the inter-company balances and transactions were eliminated upon consolidation. The Parent Company’s share of loss from its subsidiaries is reported as “share of loss from subsidiaries” in the condensed financial statements. The Parent Company is a Cayman Islands company and, therefore, is not subjected to income taxes for all years presented. The footnote disclosures contain supplemental information relating to the operations of the Company and, as such, these statements should be read in conjunction with the notes to the consolidated financial statements of the Company. Certain information and footnote disclosures normally included in financial statements prepared in accordance with US GAAP have been condensed or omitted. The subsidiaries did not pay any dividend to the Company for the years presents. As of December 31, 2021 and 2020, there were no material commitments or contingencies, significant provisions for long-term obligations or guarantees of the Company, except for those which have been separately disclosed in the consolidated financial statements, if any. (a) Condensed balance sheets December 31, December 31, 2021 2020 Assets Current assets: Cash and cash equivalents $ 81,576,897 $ 8,318,219 Short-term investments 15,000,000 40,835,000 Other current assets, net 658,045 868,949 Due from subsidiaries 242,014,968 46,448,162 Total current assets 339,249,910 96,470,330 Non-current assets: Intangible assets, net 17,726,105 19,714,079 Investment in subsidiaries 6,820,967 (5,030,523 ) Total non-current assets 24,547,072 14,683,556 Total assets $ 363,796,982 $ 111,153,886 Liabilities and Shareholders’ Equity Current liabilities: Accrued liabilities and other payables $ 53,603 $ 8,027,480 Total current liabilities 53,603 8,027,480 Total liabilities 53,603 8,027,480 Shareholders’ equity: Class A ordinary share, HKD0.001 par value, 333,374,217 shares authorized, 139,209,554 and 89,009,554 shares issued and outstanding as of December 31, 2021 and 2020, respectively 17,848 11,411 Class B ordinary share, HKD0.001 par value, 46,625,783 shares authorized, issued and outstanding as of December 31, 2021 and 2020, respectively 5,978 5,978 Additional paid-in capital 393,717,189 138,288,921 Accumulated deficit (23,100,631 ) (27,531,572 ) Accumulated other comprehensive loss (6,897,005 ) (7,648,332 ) Total shareholders’ equity 363,743,379 103,126,406 Total liabilities and shareholders’ equity $ 363,796,982 $ 111,153,886 (b) Condensed statements of operations and comprehensive income (loss) For the year December 31, 2021 For the year December 31, 2020 For the year December 31, 2019 Operating expenses: General and administrative expenses $ 6,233,339 $ 6,401,580 $ 385,865 Total operating expenses 6,233,339 6,401,580 385,865 Loss from operations (6,233,339 ) (6,401,580 ) (385,865 ) Interest income 541,598 798,328 4 Other expenses (8,505 ) (4,162 ) (1,390 ) Exchange gain 1,478,258 340,643 529 Other income 18,114 - - Share of income (loss) from subsidiaries 8,634,815 (25,408,649 ) (42,016,647 ) Net income (loss) $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Comprehensive income (loss) Net income (loss) $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Other comprehensive income (loss): Foreign currency translation adjustment 751,327 1,418,510 (1,188,488 ) Comprehensive income (loss) $ 5,182,268 $ (29,256,910 ) $ (43,591,857 ) (c) Condensed statements of cash flows For the year December 31, 2021 For the year December 31, 2020 For the year December 31, 2019 Cash Flows from Operating Activities: Net income (loss) $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Adjustments to reconcile net income (loss) to net cash used in operating activities: Share of (income) loss from subsidiaries (8,634,815 ) 25,408,649 42,016,647 Amortization expense 1,987,974 165,664 - Share-based compensation 707,000 - - Changes in assets and liabilities: Due from subsidiaries (195,566,806 ) (46,448,162 ) 193,591 Other current assets, net 210,904 (868,949 ) - Accrued liabilities and other payables (7,973,877 ) 75,583 - Due to subsidiaries - (64,871 ) 64,871 Net Cash Used in Operating Activities (204,838,679 ) (52,407,506 ) (128,260 ) Cash Flows from Investing Activities Cash paid for short-term investments - (79,915,000 ) - Collections from short-term investments 25,835,000 39,080,000 - Purchases of intangible assets - (11,927,846 ) - Net Cash Provided by (Used in) Investing Activities 25,835,000 (52,762,846 ) - Cash Flows from Financing Activities Sale of subsidiary - 76,566 - Proceeds from issuances of ordinary shares 254,727,705 114,191,595 - Net Cash Provided by Financing Activities 254,727,705 114,268,161 - Effect of Foreign Exchange on Cash and Cash Equivalents (2,465,348 ) (801,360 ) - Net Increase (Decrease) in Cash and Cash Equivalents 73,258,678 8,296,449 (128,260 ) Cash and Cash Equivalents at Beginning of Year 8,318,219 21,770 150,030 Cash and Cash Equivalents at End of Year $ 81,576,897 $ 8,318,219 $ 21,770

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for information pursuant to the rules and regulations of the SEC.
Principles of consolidation	Principles of consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation.
Non-controlling Interest	Non-controlling Interest Non-controlling interest on the consolidated balance sheets is resulted from the consolidation of Hangzhou Dewang, a 51.05% owned subsidiary, and Shanghai Yijiaxin IC Design Co., Ltd., a wholly-owned subsidiary of Hangzhou Dewang, which became effectively 51.05% owned by the Company. The portion of the income or loss applicable to the non-controlling interest in the subsidiaries are reflected in the consolidated statements of operations and comprehensive income (loss).
Use of estimates and assumptions	Use of estimates and assumptions The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and revenues and expenses during the reporting periods. Significant accounting estimates reflected in the Company’s consolidated financial statements including, but not limited to, estimates for inventory write-down, useful lives and impairment of long-lived assets, credit losses and income taxes including valuation allowance for deferred tax assets. Changes in facts and circumstances may result in revised estimates. Actual results could differ from those estimates, and as such, differences may be material to the consolidated financial statements.
Foreign currency translation and transaction	Foreign currency translation and transaction The accompanying consolidated financial statements are presented in the United States dollar (“$”), which is the reporting currency of the Company. The functional currency of HK Ebang Communications, HK Ebang Information, all US and BVI entities is United State dollars, the functional currency of Ebang International, HK Ebang Technology is Hong Kong dollar (“HKD”), the functional currency of the PRC subsidiaries is Renminbi (“RMB”), the functional currency of the Australian entities is Australian dollar(“AUD”), and the functional currencies of the remaining subsidiaries are generally the local currencies used in the countries where these subsidiaries are incorporated. Assets and liabilities denominated in currencies other than the reporting currency are translated into the reporting currency at the rates of exchange ruling at the balance sheet date. Revenues, costs and expenses are translated at the average rates for the annual period. Translation gains and losses are recognized in the consolidated statements of operations and comprehensive income (loss) as other comprehensive income (loss). Transactions in currencies other than the reporting currency are measured and recorded in the reporting currency at the exchange rate prevailing on the transaction date. The cumulative gain or loss from foreign currency transactions is reflected in the consolidated statements of operations and comprehensive income (loss) as exchange gain (loss).
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents consist of cash on hand, demand deposits and time deposits placed with banks or other financial institutions and have original maturities of less than three months.
Restricted cash	Restricted cash Restricted cash mainly represents the bank deposit used to pledge the bank acceptance notes and bank deposit pledged in exchange for guarantee services. As of December 31, 2021 and 2020, the Company had restricted cash balance of $1,054,286 and $454,312, respectively.
Notes receivable and notes payable	Notes receivable and notes payable Notes receivable, generally due within twelve months and with specific payment terms and definitive due dates, are comprised of the bank acceptance notes issued by some customers to pay certain outstanding receivable balances to the Company. Notes payable represents bank acceptance notes issued by the Company to its vendors in the normal course of business. Bank acceptance notes do not bear interest. As of December 31, 2021 and 2020, notes receivables in the amount of nil
Short-term investments	The Company’s short-term investments consist of investments in marketable securities, which are accounted for under ASC 321 and reported at their readily determinable fair values as quoted by market exchanges with changes in fair value recognized in earnings. Short-term investments also include wealth management products with certain financial institutions, which are subject to variable rates of return or not principal-guaranteed. For equity classified securities, the investments are recorded at fair market value with fair value change gains or losses recorded in interest income in the consolidated statements of operations and comprehensive income (loss). The Company also holds debt classified investments and are recorded as In addition, short-term investments are also comprised of time deposits placed with banks with original maturities of greater than three months but less than twelve months.
Current expected credit losses	Current expected credit losses The Company’s financial assets, primarily accounts receivable and other receivable, are within the scope of ASC Topic 326. The Company has identified the relevant risk characteristics of its customers and the related receivables and other current assets which include type of the products and services the Company provides, nature of the customers or a combination of these characteristics. Receivables with similar risk characteristics have been grouped into pools. For each pool, the Company considers the historical credit loss experience, current economic conditions, supportable forecasts of future economic conditions, and any recoveries in assessing the lifetime expected credit losses. Other key factors that influence the expected credit loss analysis include customer demographics, payment terms offered in the normal course of business to customers, and industry-specific factors that could impact the Company’s receivables. Additionally, external data and macroeconomic factors are also considered.
Inventories, net	Inventories, net Inventories, consisting of finished goods, work in process, and raw materials. Inventories are stated at the lower of cost and net realizable value. Cost of inventory is determined using the weighted average cost method. Adjustments are recorded to write down the cost of inventory to the estimated net realizable value due to slow-moving and obsolete inventory, which is dependent upon factors such as historical and forecasted consumer demand, and promotional environment. The Company takes ownership, risks and rewards of the products purchased.
Property, plant and equipment, net	Property, plant and equipment, net Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives are as follows: Buildings 20 years Computer software 10 years Leasehold improvements Over the shorter of the lease term or expected useful lives Office equipment 3-5 years Motor vehicles 5 years Mechanical equipment 3-10 years The cost and related accumulated depreciation of assets sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the consolidated statements of operations and comprehensive income (loss). Expenditures for maintenance and repairs are charged to earnings as incurred, while additions, renewals and betterments, which are expected to extend the useful life of assets, are capitalized. Construction in progress represents assets under construction. All direct costs relating to the construction are capitalized as construction in progress. Construction in progress is not depreciated until the asset is placed in service.
Intangible assets, net	Intangible assets, net The Company’s intangible assets with definite useful lives primarily consist of software, non-patent technology, license and land use right. The Company typically amortizes its software, non-patent technology and license with definite useful lives on a straight-line basis over the shorter of the contractual terms or the estimated useful lives. According to the law of PRC, the government owns all the land in the PRC. Companies or individuals are authorized to possess and use the land only through land use rights granted by the Chinese government for a specified period of time. The Company amortizes its land use rights using the straight-line method over the periods the rights are granted. The estimated useful lives are as follows:
Impairment of long-lived assets	Impairment of long-lived assets Long-lived assets, including property, plant and equipment, right-of-use assets and intangible assets with finite lives are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. The Company assesses the recoverability of the assets based on the undiscounted future cash flows the assets are expected to generate and recognizes an impairment loss when estimated undiscounted future cash flows expected to result from the use of the asset plus net proceeds expected from the disposition of the asset, if any, are less than the carrying value of the asset. If an impairment is identified, the Company would reduce the carrying amount of the asset to its estimated fair value based on a discounted cash flows approach or, when available and appropriate, to comparable market values. For the years ended December 31, 2021, 2020 and 2019, impairment of long-lived assets was $3,109,922, nil nil
Fair value measurement	Fair value measurement The accounting standard regarding the fair value of financial instruments and related fair value measurements defines financial instruments and requires disclosure of the fair value of financial instruments held by the Company. The accounting standards define fair value, establish a three-level valuation hierarchy for disclosures of fair value measurement and enhance disclosure requirements for fair value measures. The three levels are defined as follows: ● Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 inputs to the valuation methodology are unobservable and significant to the fair value. Unobservable inputs reflect the reporting entity’s own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. ASC 820 describes three main approaches to measuring the fair value of assets and liabilities: (1) market approach; (2) income approach; and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. The financial asset carried at fair value on a recurring basis as of December 31, 2021 and 2020 is as follows: Quoted Significant Significant Total Short-term investments As of December 31, 2021 $ 1,114,770 $ 34,328,476 $ - $ 35,443,246 As of December 31, 2020 $ - $ 40,835,000 $ - $ 40,835,000 Financial instruments included in current assets and current liabilities except for short-term investments, operating lease liability – related parties, current and due to related party are reported in the consolidated balance sheets at face value or cost, which approximate fair value because of the short period of time between the origination of such instruments and their expected realization and their current market rates of interest.
Related party transactions	Related party transactions Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operational decisions. Parties are also considered to be related if they are subject to common control or common significant influence. Related parties may be individuals or corporate entities. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. Transactions involving related parties cannot be presumed to be carried out on an arm’s-length basis, as the requisite conditions of competitive, free-market dealings may not exist. Representations about transactions with related parties, if made, shall not imply that the related party transactions were consummated on terms equivalent to those that prevail in arm’s-length transactions unless such representations can be substantiated. It is not, however, practical to determine the fair value of amounts due from/to related parties due to their related party nature.
Revenue recognition	Revenue recognition The Company accounts for its revenue in accordance with ASC 606, Revenue from Contracts with Customers (“Topic 606”) for all periods presented. Consistent with the criteria of Topic 606, the Company recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration which the entity expects to receive in exchange for those goods or services to the extent the Company deems the collection of such consideration is probable. Value-added tax that the Company collects concurrent with revenue-producing activities is excluded from revenue. Products revenue The Company generates revenue primarily from the sale of bitcoin mining machines and related accessories directly to a customer, such as a business or individual engaged in bitcoin mining activities. The Company recognizes revenue at a point in time when the control of the products has been transferred to customers. The transfer of control is considered complete when products have been picked up by or shipped to customers. The Company’s sales arrangements for bitcoin mining machines usually require a full prepayment before the delivery of products. The advance payment is not considered a significant financing component because the period between the Company transfers a promised good to a customer and when the customer pays for that good is short. The Company started to offer credit sales to certain customers in 2018. The payment terms under credit sales generally consist of full payment of consideration within one year after the shipping date. The Company also generates revenue from the sale of telecommunication products directly to a customer, such as a business or individual engaged in telecommunication businesses. The Company recognizes revenue at a point in time when products are delivered and customer acceptance is made. For the sales arrangements of telecommunications products, the Company generally requires payment upon issuance of invoices. The Company elected to account for shipping and handling fees that occur after the customer has obtained control of goods, for instance, free on board shipping point arrangements, as a fulfillment cost and accrues for such costs. Service revenue The Company also generates revenue from management and maintenance services under separate contracts. Revenue from management and maintenance services includes service fees for the provision of mining machine hosting services to customers and the provision of maintenance services. Revenue from the maintenance service to the customer is recognized at a point in time when services are provided. Revenue from the management service to the customer is recognized as the performance obligation is satisfied over time over the service period. Revenue disaggregation Management has concluded that the disaggregation level is the same under both the revenue standard and the segment reporting standard. Revenue under the segment reporting standard is measured on the same basis as under the revenue standard. See Note 16 for information regarding revenue disaggregation by product lines and countries. Contract liabilities Contract liabilities are recorded when consideration is received from a customer prior to transferring the goods or services to the customer or other conditions under the terms of a sales contract. As of December 31, 2021 and 2020, the Company recorded contract liabilities of $894,174 and $832,842, respectively, which were presented as advances from customers on the accompanying consolidated balance sheets. During the years ended December 31, 2021, 2020 and 2019, the Company recognized $126,333, $279,423 and $1,832,391, of contract liabilities as revenue, respectively.
Segment reporting	Segment reporting The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. The Company’s chief operating decision maker has been identified as the chief executive officer of the Company who reviews financial information based on U.S. GAAP. The chief operating decision maker now reviews results analyzed by the marketing channel. This analysis is only presented at the revenue level with no allocation of direct or indirect costs. Consequently, the Company has determined that it has only one operating segment.
Selling and handling expenses	Selling and handling expenses Selling and handling costs amounted to $54,473, $96,997 and $97,719 for the years ended December 31, 2021, 2020 and 2019, respectively. Selling and handling costs are expensed as incurred and included in selling expenses.
General and administrative expenses	General and administrative expenses General and administrative expenses consist primarily of research and development expenses, salary and welfare for general and administrative personnel, rental expenses, depreciation and amortization associated with general and administrative personnel, allowance for doubtful accounts, entertainment expenses, general office expenses and professional service fees. The Company recognizes research and development expenses when incurred. Research and development expenses amounted to $6,557,208, $8,459,765 and $13,367,396 for the years ended December 31, 2021, 2020 and 2019, respectively.
Operating leases	Operating leases The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, operating lease liability, current, and operating lease liability, non-current in the Company’s consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. When determining the lease term, the Company includes options to extend or terminate the lease when it is reasonably certain that it will exercise that option, if any. As the Company’s leases do not provide an implicit rate, the Company used an incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. For leases that have lease terms of 12 months or less and does not include a purchase option that is reasonably certain to exercise, the Company elected not to apply ASC 842 recognition requirements.
Government grants	Government grants Government grants represent cash subsidies received from PRC government. Cash subsidies that have no defined rules and regulations to govern the criteria necessary for companies to enjoy the benefits are recognized when received. Such subsidies are generally provided as incentives from the local government to encourage the expansion of local businesses. Total government grants received amounted to $434,604, $4,006,567 and $6,298,893 for the years ended December 31, 2021, 2020 and 2019, respectively.
Value-added taxes	Value-added taxes Revenue is recognized net of value-added taxes (“VAT”). VAT is based on gross sales price and the VAT rate applicable to the Company is 17% for the period from the beginning of 2018 till the end of April 2018, then changed to 16% from May 2018 to the end of March 2019, and changed to 13% since April 2019. Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded as VAT payable if output VAT is larger than input VAT and is recorded as VAT recoverable if input VAT is larger than output VAT. All of the VAT returns filed by the Company’s subsidiaries in China, have been and remain subject to examination by the tax authorities. Pursuant to Caishui (2011) No. 100 issued by the State Tax Bureau of the PRC, Zhejiang Ebang and Ebang IT are qualified as enterprises selling self-developed software products and enjoying a tax refund for the excess of 3% of their actual tax burden after the VAT is levied at the 17% or 16% or 13% tax rate since January 2011. During the years ended December 31, 2021, 2020 and 2019, the total VAT refund received was nil nil
Income taxes	Income taxes The Company accounts for current income taxes in accordance with the laws of the relevant tax authorities. The charge for taxation is based on the results for the fiscal year as adjusted for items, which are non-assessable or disallowed. It is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date. Deferred taxes are accounted for using the asset and liability method in respect of temporary differences arising from differences between the carrying amount of assets and liabilities in the consolidated financial statements and the corresponding tax basis used in the computation of assessable tax profit. In principle, deferred tax liabilities are recognized for all taxable temporary differences. Deferred tax assets are recognized to the extent that it is probable that taxable profit will be available against which deductible temporary differences can be utilized. Deferred tax is calculated using tax rates that are expected to apply to the period when the asset is realized or the liability is settled. Deferred tax is charged or credited in the income statement, except when it is related to items credited or charged directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Current income taxes are provisioned in accordance with the laws of the relevant taxing authorities. An uncertain tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. No penalties and interest incurred related to underpayment of income tax are classified as income tax expenses in the period incurred.
Comprehensive income (loss)	Comprehensive income (loss) Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) refers to revenues, expenses, gains and losses that under GAAP are recorded as an element of shareholders’ equity but are excluded from net income (loss). Other comprehensive income (loss) consists of a foreign currency translation adjustment resulting from the Company not using the United States dollar as its functional currency.
Earnings (loss) per share	Earnings (loss) per share The Company computes earnings (loss) per share (“EPS”) in accordance with ASC 260, “Earnings per Share”. ASC 260 requires companies to present basic and diluted EPS. Basic EPS is measured as net income (loss) attributable to Ebang International Holdings Inc., divided by the weighted average ordinary share outstanding for the period. Diluted EPS presents the dilutive effect on a per-share basis of the potential ordinary shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later.
Statutory reserves	Statutory reserves Pursuant to the laws applicable to the PRC, PRC entities must make appropriations from after-tax profit to the non-distributable “statutory surplus reserve fund”. Subject to certain cumulative limits, the “statutory surplus reserve fund” requires annual appropriations of 10% of after-tax profit until the aggregated appropriations reach 50% of the registered capital (as determined under accounting principles generally accepted in the PRC (“PRC GAAP”) at each year-end). For foreign-invested enterprises and joint ventures in the PRC, annual appropriations should be made to the “reserve fund”. For foreign-invested enterprises, the annual appropriation for the “reserve fund” cannot be less than 10% of after-tax profits until the aggregated appropriations reach 50% of the registered capital (as determined under PRC GAAP at each year-end). If the Company has accumulated loss from prior periods, the Company is able to use the current period net income after tax to offset the accumulated loss.
Concentration of credit risk	Concentration of credit risk Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. The Company places the cash and cash equivalents with financial institutions with high credit ratings and quality. The Company conducts credit evaluations of customers and generally does not require collateral or other security from its customers. The Company establishes an allowance for doubtful accounts primarily based upon various factors surrounding the credit risk of specific customers and general economic conditions. Refer to the current expected credit loss policy.
Recently issued accounting pronouncements	Recently issued accounting pronouncements The Company does not believe the recently issued but not yet effective accounting standards, if currently adopted, would have a material effect on the Company’s consolidated financial statements.

Nature of Business and Organi_2

Nature of Business and Organization (Tables)	12 Months Ended
	Dec. 31, 2021
Nature of Business and Organization [Abstract]
Schedule of accompanying consolidated financial statements	Name Background Ownership Orient Plus International Limited (“Orient Plus”) ● A British Virgin Islands (“BVI”) company 100% owned by Ebang International ● Incorporated on June 6, 2018 ● A holding company Ebang Communications (HK) Technology Limited (“HK Ebang Communications”), formerly known as Hong Kong Bite Co., Ltd. or HK Bite ● A Hong Kong company 100% owned by Orient Plus ● Incorporated on February 12, 2016 ● A Trading company Power Ebang Limited (“Power Ebang”) ● A British Virgin Islands company 100% owned by Ebang International ● Incorporated on February 26, 2018 ● A holding company HongKong Ebang Technology Co., Ltd. (“HK Ebang Technology”) ● A Hong Kong company 100% owned by Power Ebang ● Incorporated on February 12, 2018 ● A holding company Leader Forever Holdings Limited (“Leader Forever”) ● A British Virgin Islands company 100% owned by Ebang International ● Incorporated on January 7, 2019 ● A holding company HongKong Ebang Information Co., Ltd. (“HK Ebang Information”) ● A Hong Kong company 100% owned by Leader Forever ● Incorporated on April 1, 2019 ● A Trading company Hangzhou Ebang Hongfa Technology Co., Ltd. (“Ebang Hongfa”) ● A PRC limited liability company and deemed a wholly foreign owned enterprise (“WFOE”) 100% owned by HK Ebang Technology ● Incorporated on February 11, 2018 ● A holding company Hangzhou Ebang Hongling Technology Co., Ltd. (“Ebang Hongling”) ● A PRC limited liability company 100% owned by Ebang Hongfa ● Incorporated on July 3, 2019 Wuhai Ebang Information Technology Co., Ltd. (“Wuhai Ebang”) ● A PRC limited liability company 100% owned by Ebang Hongling ● Incorporated on September 18, 2017 Zhejiang Ebang Communication Technology Co., Ltd. (“Zhejiang Ebang”) ● A PRC limited liability company 99.99% owned by Ebang Hongfa ● Incorporated on January 21, 2010 Zhejiang Ebang Information Technology Co., Ltd. (“Ebang IT”) ● A PRC limited liability company 100% owned by Zhejiang Ebang ● Incorporated on August 11, 2010 Yunnan Ebang Information Technology Co., Ltd. (“Yunnan Ebang”) ● A PRC limited liability company 100% owned by Zhejiang Ebang ● Incorporated on June 28, 2016 Hangzhou Ebang Jusheng Technology Co., Ltd. (“Ebang Jusheng”) ● A PRC limited liability company 100% owned by Ebang Hongfa ● Incorporated on January 3, 2018 Hangzhou Dewang Information Technology Co., Ltd. (“Hangzhou Dewang”) ● A PRC limited liability company 51.05% owned by Ebang Hongfa ● Incorporated on December 31, 2015 Hangzhou Yibang Botong Technology Co., Ltd. ● A PRC limited liability company 80% owned by Zhejiang Ebang; 20% owned by Ebang Hongfa ● Incorporated on November 30, 2021 Ebonex International Limited ● A British Virgin Islands (“BVI”) company 100% owned by Ebang International ● Incorporated on August 18, 2020 Australia Ebon Pty Ltd ● An Australia company 100% owned by Ebonex ● Incorporated on October 13, 2020 International Limited ● A holding company Ebon Management Australia Pty Limited ● An Australia company 100% owned by Australia ● Incorporated on May 18, 2021 Ebon Pty Ltd

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of expected useful lives of property plant and equipment	Buildings 20 years Computer software 10 years Leasehold improvements Over the shorter of the lease term or expected useful lives Office equipment 3-5 years Motor vehicles 5 years Mechanical equipment 3-10 years
Schedule of estimated useful lives of Intangible assets	Land use right 50 years Software 18-65 months License 10 years Non-patent technology 1 year
Schedule of financial asset carried at fair value on a recurring basis	Quoted Significant Significant Total Short-term investments As of December 31, 2021 $ 1,114,770 $ 34,328,476 $ - $ 35,443,246 As of December 31, 2020 $ - $ 40,835,000 $ - $ 40,835,000

Short-term investments (Tables)

Short-term investments (Tables)	12 Months Ended
	Dec. 31, 2021
Short-term Investments [Abstract]
Schedule of short-term investments	As of December 31, As of December 31, 2021 2020 Marketable securities $ 1,114,770 $ - Time deposits 18,000,000 - Wealth management products 16,328,476 40,835,000 Total $ 35,443,246 $ 40,835,000

Earnings (loss) per share (Tabl

Earnings (loss) per share (Tables)	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Schedule of income and share data used in the basic and diluted earnings (loss) per ordinary share computations	Years ended December 31, 2021 2020 2019 Earnings (loss) attributable to ordinary shareholders of the Company for basic earnings (loss) per share calculation $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Weighted average number of ordinary shares outstanding for basic earnings (loss) per share calculation 177,715,336 121,941,226 111,771,000 Basic earnings (loss) per share $ 0.02 $ (0.25 ) $ (0.38 ) Earnings (loss) attributable to ordinary shareholders of the Company for diluted earnings (loss) per share calculation $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Weighted average number of ordinary shares outstanding basic earnings (loss) per share calculation 177,715,336 121,941,226 111,771,000 Adjusted for: - incremental shares issuable related to warrants issued 150,394 - - Weighted average number of shares outstanding for diluted earnings (loss) per share calculation 177,865,730 121,941,226 111,771,000 Diluted earnings (loss) per share $ 0.02 $ (0.25 ) $ (0.38 )

Accounts receivable, net (Table

Accounts receivable, net (Tables)	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Schedule of accounts receivable, net	As of December 31, As of December 31, 2021 2020 Accounts receivable $ 14,474,383 $ 11,993,968 Less: Allowance for doubtful accounts (4,601,637 ) (4,788,855 ) Accounts receivable, net $ 9,872,746 $ 7,205,113
Schedule of allowance for doubtful accounts	For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Allowance for doubtful accounts, beginning balance $ 4,788,855 $ 1,772,280 $ 1,769,468 Provision for (reversal of) doubtful accounts (310,012 ) 2,740,639 26,297 Effects of foreign exchange rate 122,794 275,936 (23,485 ) Allowance for doubtful accounts, ending balance $ 4,601,637 $ 4,788,855 $ 1,772,280

Inventories, Net (Tables)

Inventories, Net (Tables)	12 Months Ended
	Dec. 31, 2021
Inventory Disclosure [Abstract]
Schedule of inventories	As of December 31, As of December 31, 2021 2020 Finished goods $ 11,443,135 $ 2,230,580 Work in process 1,481,664 31,303,333 Raw materials 21,616,348 28,370,424 34,541,147 61,904,337 Less: inventory write-down (27,403,609 ) (58,059,246 ) Inventories, net $ 7,137,538 $ 3,845,091

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment, net	As of December 31, As of December 31, 2021 2020 Buildings $ 4,031,395 $ 3,927,085 Mechanical equipment 19,935,874 19,562,087 Motor vehicles 454,624 348,941 Office equipment 7,369,316 6,772,941 Computer software 753,986 174,740 Leasehold improvement 1,197,048 218,004 Construction in progress 28,874,739 21,059,285 Total 62,616,982 52,063,083 Accumulated depreciation (25,464,318 ) (22,939,840 ) Provision for impairment (3,823,054 ) - Property, plant and equipment, net $ 33,329,610 $ 29,123,243

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets with definite useful lives	As of December 31, As of December 31, 2021 2020 Land use right $ 3,005,644 $ 2,927,874 Non-patent technology 482,604 470,117 Software 6,197,055 3,345,742 License 19,879,743 19,879,743 Total 29,565,046 26,623,476 Accumulated amortization (7,052,838 ) (3,546,041 ) Intangible assets, net $ 22,512,208 $ 23,077,435
Schedule of estimated future amortization expense related to intangible assets	Year 2022 $ 3,531,230 2023 2,500,296 2024 2,140,538 2025 2,048,087 2026 2,048,087 Thereafter 10,243,970 Total $ 22,512,208

Accrued Liabilities and Other_2

Accrued Liabilities and Other Payables (Tables)	12 Months Ended
	Dec. 31, 2021
Payables and Accruals [Abstract]
Schedule of components of accrued liabilities and other payables	As of December 31, As of December 31, 2021 2020 Salary payable $ 1,444,161 $ 794,022 Payable to consultants 1,531,560 1,527,340 License payable - 7,951,898 Refundable deposit to customers 1,262,817 1,230,142 Payable to property, plant and equipment suppliers 3,684,884 9,375,507 Other accrued liabilities 1,039,294 1,042,705 Total accrued liabilities and other payables $ 8,962,716 $ 21,921,614

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of effective income tax rate and PRC statutory income tax	For the year For the year For the year 2021 2020 2019 Statutory income tax rate 25.00 % 25.00 % 25.00 % Effect of expenses not deductible for tax purposes 0.40 % 0.00 % (0.03 )% Effect of additional deduction of research and development expense (35.10 )% 6.70 % 6.33 % Effect of income tax exemptions and reliefs 60.90 % (0.70 )% 0.01 % Effect of valuation allowance on deferred income tax assets 2.20 % (67.10 )% (29.70 )% Income tax difference under different tax jurisdictions (45.70 )% (2.20 )% - Prior year true-ups (23.60 )% - - Others - (2.10 )% (2.59 )% Total (15.90 )% (40.40 )% (0.98 )%
Schedule of provision for income taxes	For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Current income tax expense $ 2,466,745 $ 623,938 $ 533,078 Deferred tax expense (benefit) (2,845,588 ) 8,627,604 (132,767 ) Income taxes provision (benefit) $ (378,843 ) $ 9,251,542 $ 400,311
Schedule of deferred tax assets and liabilities	As of December 31, As of December 31, 2021 2020 Provision for doubtful accounts $ 6,374,477 $ 8,701,439 Net operating loss carryforward 19,012,186 19,478,753 Accrued expenses and others 3,899,556 3,510,029 29,286,219 31,690,221 Less: valuation allowance (29,286,219 ) (31,538,060 ) Deferred tax assets $ - $ 152,161 Intangible assets $ - $ 153,033 Property, plant and equipment 165,735 - Bad debt allowance 12,847 - Deferred tax liabilities $ 178,582 $ 153,033 Total deferred tax liabilities $ 178,582 $ 872

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Schedule of warrants activities	Number of shares Weight- average issuable exercise price Balance at January 1, 2019 - $ - Outstanding and exercisable at January 1, 2019 - - Balance at December 31, 2019 - - Outstanding and exercisable at December 31, 2019 - - Granted 2,300,000 5.50 Balance at December 31, 2020 2,300,000 5.50 Outstanding and exercisable at December 31, 2020 2,300,000 5.50 Granted 31,900,000 8.03 Exercised (13,600,000 ) 5.32 Balance at December 31, 2021 20,600,000 9.54 Outstanding and exercisable at December 31, 2021 20,600,000 $ 9.54

Share-based compensation (Table

Share-based compensation (Tables)	12 Months Ended
	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Schedule of RSUs activity under the 2020 Plan	Weighted average Number of grant date fair value Unvested, January 1, 2021 - - Granted 1,836,000 2.52 Vested - - Forfeited (220,000 ) 2.52 Unvested, December 31, 2021 1,616,000 2.52

Operating leases (Tables)

Operating leases (Tables)	12 Months Ended
	Dec. 31, 2021
Operating Leases [Abstract]
Schedule of balance sheet information related to operating leases	For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Operating lease cost $ 1,177,689 $ 704,264 $ 662,505 Short-term lease cost 117,118 29,007 116,728 Total lease cost $ 1,294,807 $ 733,271 $ 779,233
Schedule of cash flow information related to operating leases	For the year ended For the year ended For the year ended December 31, December 31, December 31, 2021 2020 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 1,414,151 $ 690,626 $ 854,431 Supplemental lease cash flow disclosure Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 3,387,501 $ 192,395 $ 1,142,321
Schedule of balance sheet information related to operating leases	As of As of December 31, December 31, 2021 2020 Operating lease right-of-use assets $ 2,132,247 $ 898,335 Operating lease right-of-use assets – related parties 1,136,775 17,701 Total operating lease right-of-use assets $ 3,269,022 $ 916,036 Operating lease liabilities, current $ 851,936 $ 659,807 Operating lease liabilities – related parties, current 595,424 17,701 Operating lease liabilities, non-current 1,712,303 118,827 Operating lease liabilities – related party, non-current 288,563 - Total operating lease liabilities $ 3,448,226 $ 796,335 Weighted average remaining lease term of operating leases 3.09 Years 1.51 Years Weighted average discount rate of operating leases 6.5250 % 6.5250 %
Schedule of maturity analysis of operating lease liabilities	Operating Leases 2022 $ 1,597,865 2023 1,038,070 2024 635,801 2025 490,136 2026 - Thereafter - Total lease payment 3,761,872 Less: imputed interest (313,646 ) Present value of operating lease liabilities 3,448,226 Less: current obligation (1,447,360 ) Long-term obligation at December 31, 2021 $ 2,000,866

Statutory reserves and restri_2

Statutory reserves and restricted net assets (Tables)	12 Months Ended
	Dec. 31, 2021
Statutory Reserves And Restricted Net Assets [Abstract]
Schedule of PRC subsidiaries	As of December 31 As of December 31, 2021 2020 PRC entities Additional paid-in capital $ 23,919,850 $ 23,919,850 Statutory reserves 11,079,649 11,049,847 Total restricted net assets $ 34,999,499 $ 34,969,697

Segment and revenue analysis (T

Segment and revenue analysis (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Schedule of revenue	For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Revenue Product sale - Bitcoin mining machines and related accessories $ 39,756,156 $ 7,951,296 $ 89,919,400 Product sale - Telecommunication 8,566,866 1,725,982 3,336,413 Service - Management and maintenance 3,127,225 9,327,023 15,804,253 $ 51,450,247 $ 19,004,301 $ 109,060,066
Schedule of geographic region	For the year December 31, For the year December 31, For the year December 31, 2021 2020 2019 Geographic region Revenue Mainland China $ 51,432,545 $ 18,962,130 $ 95,373,150 United States of America - 9,338 1,407,546 Hong Kong - - 1,673,300 Other foreign countries 17,702 32,833 10,606,070 $ 51,450,247 $ 19,004,301 $ 109,060,066

Credit Risk and Major Custome_2

Credit Risk and Major Customers (Tables)	12 Months Ended
	Dec. 31, 2021
Risks and Uncertainties [Abstract]
Schedule of accounts receivable concentration of credit risk	As of As of 2021 2020 Customer A * % 19 % Customer B 13 % * % Customer C 13 % * % Customer D 11 % 10 % Customer E * % 24 % For the year For the year For the year 2021 2020 2019 Supplier N 22 % * % * % Supplier O 13 % * % * % Supplier P * % 28 % * % Supplier Q * % 44 % 18 % Supplier R * % * % 45 % For the year ended December 31, For the year ended December 31, For the year ended December 31, 2021 2020 2019 Customer F 11 % * % * % Customer G * % * % 16 % Customer H 32 % * % * % Customer D * % 20 % * % Customer J * % 18 % * % Customer E * % 12 % * % Customer K * % 10 % * % Customer L * % 10 % * % Customer M * % 10 % * % * Less than 10%

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Schedule of related parties	Name of related parties Relationship with the Company Dong Hu Chief executive officer (CEO) of the Company Hong Kong Dewang Limited Wholly owned by Zhengqian Jiang, father-in-law of Dong Hu Zhejiang Wansi Computer Manufacturing Company Limited 68% owned by Aiqun Jiang, spouse of Dong Hu Hangzhou Yibang Zhiyang Technology Co., Ltd. Controlled by Dong Hu Top Max Limited Controlled by Dong Hu Shubo Qian Brother-in-law of Dong Hu Jun Hu Sister of Dong Hu Hangzhou Yiquansheng Communication Technology Co., Ltd. Controlled by Dong Hu
Schedule of due to related party	As of As of December 31, December 31, 2021 2020 Zhejiang Wansi Computer Manufacturing Company Limited $ - $ 5,652,833

Condensed financial informati_2

Condensed financial information of the parent company (Tables)	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
Schedule of condensed balance sheets	December 31, December 31, 2021 2020 Assets Current assets: Cash and cash equivalents $ 81,576,897 $ 8,318,219 Short-term investments 15,000,000 40,835,000 Other current assets, net 658,045 868,949 Due from subsidiaries 242,014,968 46,448,162 Total current assets 339,249,910 96,470,330 Non-current assets: Intangible assets, net 17,726,105 19,714,079 Investment in subsidiaries 6,820,967 (5,030,523 ) Total non-current assets 24,547,072 14,683,556 Total assets $ 363,796,982 $ 111,153,886 Liabilities and Shareholders’ Equity Current liabilities: Accrued liabilities and other payables $ 53,603 $ 8,027,480 Total current liabilities 53,603 8,027,480 Total liabilities 53,603 8,027,480 Shareholders’ equity: Class A ordinary share, HKD0.001 par value, 333,374,217 shares authorized, 139,209,554 and 89,009,554 shares issued and outstanding as of December 31, 2021 and 2020, respectively 17,848 11,411 Class B ordinary share, HKD0.001 par value, 46,625,783 shares authorized, issued and outstanding as of December 31, 2021 and 2020, respectively 5,978 5,978 Additional paid-in capital 393,717,189 138,288,921 Accumulated deficit (23,100,631 ) (27,531,572 ) Accumulated other comprehensive loss (6,897,005 ) (7,648,332 ) Total shareholders’ equity 363,743,379 103,126,406 Total liabilities and shareholders’ equity $ 363,796,982 $ 111,153,886
Schedule of condensed statements of operations and comprehensive loss	For the year December 31, 2021 For the year December 31, 2020 For the year December 31, 2019 Operating expenses: General and administrative expenses $ 6,233,339 $ 6,401,580 $ 385,865 Total operating expenses 6,233,339 6,401,580 385,865 Loss from operations (6,233,339 ) (6,401,580 ) (385,865 ) Interest income 541,598 798,328 4 Other expenses (8,505 ) (4,162 ) (1,390 ) Exchange gain 1,478,258 340,643 529 Other income 18,114 - - Share of income (loss) from subsidiaries 8,634,815 (25,408,649 ) (42,016,647 ) Net income (loss) $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Comprehensive income (loss) Net income (loss) $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Other comprehensive income (loss): Foreign currency translation adjustment 751,327 1,418,510 (1,188,488 ) Comprehensive income (loss) $ 5,182,268 $ (29,256,910 ) $ (43,591,857 )
Schedule of condensed statements of cash flows	For the year December 31, 2021 For the year December 31, 2020 For the year December 31, 2019 Cash Flows from Operating Activities: Net income (loss) $ 4,430,941 $ (30,675,420 ) $ (42,403,369 ) Adjustments to reconcile net income (loss) to net cash used in operating activities: Share of (income) loss from subsidiaries (8,634,815 ) 25,408,649 42,016,647 Amortization expense 1,987,974 165,664 - Share-based compensation 707,000 - - Changes in assets and liabilities: Due from subsidiaries (195,566,806 ) (46,448,162 ) 193,591 Other current assets, net 210,904 (868,949 ) - Accrued liabilities and other payables (7,973,877 ) 75,583 - Due to subsidiaries - (64,871 ) 64,871 Net Cash Used in Operating Activities (204,838,679 ) (52,407,506 ) (128,260 ) Cash Flows from Investing Activities Cash paid for short-term investments - (79,915,000 ) - Collections from short-term investments 25,835,000 39,080,000 - Purchases of intangible assets - (11,927,846 ) - Net Cash Provided by (Used in) Investing Activities 25,835,000 (52,762,846 ) - Cash Flows from Financing Activities Sale of subsidiary - 76,566 - Proceeds from issuances of ordinary shares 254,727,705 114,191,595 - Net Cash Provided by Financing Activities 254,727,705 114,268,161 - Effect of Foreign Exchange on Cash and Cash Equivalents (2,465,348 ) (801,360 ) - Net Increase (Decrease) in Cash and Cash Equivalents 73,258,678 8,296,449 (128,260 ) Cash and Cash Equivalents at Beginning of Year 8,318,219 21,770 150,030 Cash and Cash Equivalents at End of Year $ 81,576,897 $ 8,318,219 $ 21,770

Nature of Business and Organi_3

Nature of Business and Organization (Details)	Aug. 31, 2016
Nature of Business and Organization [Abstract]
Percentage of equity interest	51.05%

Nature of Business and Organi_4

Nature of Business and Organization (Details) - Schedule of accompanying consolidated financial statements	12 Months Ended
	Dec. 31, 2021
Orient Plus International Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A British Virgin Islands (“BVI”) company
Ownership	100% owned by Ebang International
Orient Plus International Limited One [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on June 6, 2018
Orient Plus International Limited Two [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A holding company
Ebang Communications (HK) Technology Limited (“HK Ebang Communications”), formerly known as Hong Kong Bite Co., Ltd. or HK Bite [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A Hong Kong company
Ownership	100% owned by Orient Plus
Ebang Communications (HK) Technology Limited (“HK Ebang Communications”), formerly known as Hong Kong Bite Co., Ltd. or HK Bite [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on February 12, 2016
Ebang Communications (HK) Technology Limited (“HK Ebang Communications”), formerly known as Hong Kong Bite Co., Ltd. or HK Bite [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A Trading company
Power Ebang Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A British Virgin Islands company
Ownership	100% owned by Ebang International
Power Ebang Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on February 26, 2018
Power Ebang Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A holding company
Hong Kong Ebang Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A Hong Kong company
Ownership	100% owned by Power Ebang
Hong Kong Ebang Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on February 12, 2018
Hong Kong Ebang Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A holding company
Leader Forever Holdings Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A British Virgin Islands company
Ownership	100% owned by Ebang International
Leader Forever Holdings Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on January 7, 2019
Leader Forever Holdings Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A holding company
Hong Kong Ebang Information Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A Hong Kong company
Ownership	100% owned by Leader Forever
Hong Kong Ebang Information Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on April 1, 2019
Hong Kong Ebang Information Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A Trading company
Hangzhou Ebang Hongfa Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company and deemed a wholly foreign owned enterprise (“WFOE”)
Ownership	100% owned by HK Ebang Technology
Hangzhou Ebang Hongfa Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on February 11, 2018
Hangzhou Ebang Hongfa Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A holding company
Hangzhou Ebang Hongling Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company
Ownership	100% owned by Ebang Hongfa
Hangzhou Ebang Hongling Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on July 3, 2019
Wuhai Ebang Information Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company
Ownership	100% owned by Ebang Hongling
Wuhai Ebang Information Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on September 18, 2017
Zhejiang Ebang Communication Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company
Ownership	99.99% owned by Ebang Hongfa
Zhejiang Ebang Communication Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on January 21, 2010
Zhejiang Ebang Information Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company
Ownership	100% owned by Zhejiang Ebang
Zhejiang Ebang Information Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on August 11, 2010
Yunnan Ebang Information Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company
Ownership	100% owned by Zhejiang Ebang
Yunnan Ebang Information Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on June 28, 2016
Hangzhou Ebang Jusheng Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company
Ownership	100% owned by Ebang Hongfa
Hangzhou Ebang Jusheng Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on January 3, 2018
Hangzhou Dewang Information Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company
Ownership	51.05% owned by Ebang Hongfa
Hangzhou Dewang Information Technology Co., Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on December 31, 2015
Hangzhou Ebang Botong Technology Co, Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A PRC limited liability company
Ownership	80% owned by Zhejiang Ebang; 20% owned by Ebang Hongfa
Hangzhou Ebang Botong Technology Co, Ltd. [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on November 30, 2021
Ebonex International Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A British Virgin Islands (“BVI”) company
Ownership	100% owned by Ebang International
Ebonex International Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on August 18, 2020
Australia Ebon Pty Ltd [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	An Australia company
Ownership	100% owned by Ebonex
Australia Ebon Pty Ltd [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on October 13, 2020
Ownership	International Limited
Australia Ebon Pty Ltd [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	A holding company
Ebon Management Australia Pty Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	An Australia company
Ownership	100% owned by Australia
Ebon Management Australia Pty Limited [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Background	Incorporated on May 18, 2021
Ownership	Ebon Pty Ltd

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Summary of Significant Accounting Policies (Details) [Line Items]
Non controlling interest, percentage	51.05%
Restricted cash	$ 1,054,286	$ 454,312
Notes receivables		765,967
Impairment of long-lived assets	3,109,922
Advance from customers	894,174	832,842
Contract liabilities as revenue	$ 126,333	279,423	1,832,391
Number of operating segments	1
Selling and handling costs	$ 54,473	96,997	97,719
Research and development expenses	6,557,208	8,459,765	13,367,396
Government grants	$ 434,604	4,006,567	6,298,893
VAT, description	Revenue is recognized net of value-added taxes (“VAT”). VAT is based on gross sales price and the VAT rate applicable to the Company is 17% for the period from the beginning of 2018 till the end of April 2018, then changed to 16% from May 2018 to the end of March 2019, and changed to 13% since April 2019. Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded as VAT payable if output VAT is larger than input VAT and is recorded as VAT recoverable if input VAT is larger than output VAT. All of the VAT returns filed by the Company’s subsidiaries in China, have been and remain subject to examination by the tax authorities.  Pursuant to Caishui (2011) No. 100 issued by the State Tax Bureau of the PRC, Zhejiang Ebang and Ebang IT are qualified as enterprises selling self-developed software products and enjoying a tax refund for the excess of 3% of their actual tax burden after the VAT is levied at the 17% or 16% or 13% tax rate since January 2011.
VAT refund			$ 9,138
Statutory reserve, description	Pursuant to the laws applicable to the PRC, PRC entities must make appropriations from after-tax profit to the non-distributable “statutory surplus reserve fund”. Subject to certain cumulative limits, the “statutory surplus reserve fund” requires annual appropriations of 10% of after-tax profit until the aggregated appropriations reach 50% of the registered capital (as determined under accounting principles generally accepted in the PRC (“PRC GAAP”) at each year-end). For foreign-invested enterprises and joint ventures in the PRC, annual appropriations should be made to the “reserve fund”. For foreign-invested enterprises, the annual appropriation for the “reserve fund” cannot be less than 10% of after-tax profits until the aggregated appropriations reach 50% of the registered capital (as determined under PRC GAAP at each year-end).
Hangzhou Dewang [Member]
Summary of Significant Accounting Policies (Details) [Line Items]
Non controlling interest, percentage	51.05%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment	12 Months Ended
	Dec. 31, 2020
Buildings [Member]
Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment [Line Items]
Estimated useful lives	20 years
Computer software [Member]
Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment [Line Items]
Estimated useful lives	10 years
Leasehold improvements [Member]
Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment [Line Items]
Estimated useful lives, description	Over the shorter of the lease term or expected useful lives
Office equipment [Member] | Minimum [Member]
Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment [Line Items]
Estimated useful lives	3 years
Office equipment [Member] | Maximum [Member]
Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment [Line Items]
Estimated useful lives	5 years
Motor vehicles [Member]
Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment [Line Items]
Estimated useful lives	5 years
Mechanical equipment [Member] | Minimum [Member]
Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment [Line Items]
Estimated useful lives	3 years
Mechanical equipment [Member] | Maximum [Member]
Summary of Significant Accounting Policies (Details) - Schedule of expected useful lives of property plant and equipment [Line Items]
Estimated useful lives	10 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details) - Schedule of estimated useful lives of Intangible assets	12 Months Ended
	Dec. 31, 2021
Land use right [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives year	50 years
Software [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives month	18 months
Software [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives month	65 months
License [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives year	10 years
Non-patent technology [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives year	1 year

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Details) - Schedule of financial asset carried at fair value on a recurring basis - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Summary of Significant Accounting Policies (Details) - Schedule of financial asset carried at fair value on a recurring basis [Line Items]
Short-term investments	$ 35,443,246	$ 40,835,000
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Summary of Significant Accounting Policies (Details) - Schedule of financial asset carried at fair value on a recurring basis [Line Items]
Short-term investments	1,114,770
Significant Other Observable Inputs (Level 2) [Member]
Summary of Significant Accounting Policies (Details) - Schedule of financial asset carried at fair value on a recurring basis [Line Items]
Short-term investments	34,328,476	40,835,000
Significant Unobservable Inputs (Level 3) [Member]
Summary of Significant Accounting Policies (Details) - Schedule of financial asset carried at fair value on a recurring basis [Line Items]
Short-term investments

Short-term investments (Details

Short-term investments (Details) $ in Millions	12 Months Ended
	Dec. 31, 2020USD ($)
Debt Disclosure [Abstract]
Marketable bonds	$ 104
Unmarketable bonds	$ 63

Short-term investments (Detai_2

Short-term investments (Details) - Schedule of short-term investments - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Schedule of short-term investments [Abstract]
Marketable securities	$ 1,114,770
Time deposits	18,000,000
Wealth management products	16,328,476	40,835,000
Total	$ 35,443,246	$ 40,835,000

Earnings (loss) per share (Deta

Earnings (loss) per share (Details) - Class A Ordinary Shares	Mar. 31, 2021shares
Earnings (loss) per share (Details) [Line Items]
Ordinary shares exercisable from warrants issued pursuant	7,000,000
Warrant [Member]
Earnings (loss) per share (Details) [Line Items]
Ordinary shares exercisable from warrants issued pursuant	13,600,000

Earnings (loss) per share (De_2

Earnings (loss) per share (Details) - Schedule of income and share data used in the basic and diluted earnings (loss) per ordinary share computations - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule of income and share data used in the basic and diluted earnings (loss) per ordinary share computations [Abstract]
Earnings (loss) attributable to ordinary shareholders of the Company for basic earnings (loss) per share calculation	$ 4,430,941	$ (30,675,420)	$ (42,403,369)
Weighted average number of ordinary shares outstanding for basic earnings (loss) per share calculation	177,715,336	121,941,226	111,771,000
Basic earnings (loss) per share	$ 0.02	$ (0.25)	$ (0.38)
Earnings (loss) attributable to ordinary shareholders of the Company for diluted earnings (loss) per share calculation	$ 4,430,941	$ (30,675,420)	$ (42,403,369)
Weighted average number of ordinary shares outstanding basic earnings (loss) per share calculation	177,715,336	121,941,226	111,771,000
Adjusted for:
- incremental shares issuable related to warrants issued	$ 150,394
Weighted average number of shares outstanding for diluted earnings (loss) per share calculation	177,865,730	121,941,226	111,771,000
Diluted earnings (loss) per share	$ 0.02	$ (0.25)	$ (0.38)

Accounts receivable, net (Detai

Accounts receivable, net (Details) - Schedule of accounts receivable, net - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Schedule of accounts receivable, net [Abstract]
Accounts receivable	$ 14,474,383	$ 11,993,968
Less: Allowance for doubtful accounts	(4,601,637)	(4,788,855)
Accounts receivable, net	$ 9,872,746	$ 7,205,113

Accounts receivable, net (Det_2

Accounts receivable, net (Details) - Schedule of allowance for doubtful accounts - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule of allowance for doubtful accounts [Abstract]
Allowance for doubtful accounts, beginning balance	$ 4,788,855	$ 1,772,280	$ 1,769,468
Provision for (reversal of) doubtful accounts	(310,012)	2,740,639	26,297
Effects of foreign exchange rate	122,794	275,936	(23,485)
Allowance for doubtful accounts, ending balance	$ 4,601,637	$ 4,788,855	$ 1,772,280

Inventories, Net (Details)

Inventories, Net (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Inventory Disclosure [Abstract]
Market adjustment in cost of revenue	$ 2,233,452	$ 3,644,243	$ 6,341,957

Inventories, Net (Details) - Sc

Inventories, Net (Details) - Schedule of inventories - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Schedule of inventories [Abstract]
Finished goods	$ 11,443,135	$ 2,230,580
Work in process	1,481,664	31,303,333
Raw materials	21,616,348	28,370,424
Inventories, gross	34,541,147	61,904,337
Less: inventory write-down	(27,403,609)	(58,059,246)
Inventories, net	$ 7,137,538	$ 3,845,091

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 2,858,406	$ 6,347,738	$ 7,994,727
Impairment charge amount	$ 3,109,922

Property, Plant and Equipment_4

Property, Plant and Equipment, Net (Details) - Schedule of property, plant and equipment, net - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total	$ 62,616,982	$ 52,063,083
Accumulated depreciation	(25,464,318)	(22,939,840)
Provision for impairment	(3,823,054)
Property, plant and equipment, net	33,329,610	29,123,243
Buildings [Member]
Property, Plant and Equipment [Line Items]
Total	4,031,395	3,927,085
Mechanical Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	19,935,874	19,562,087
Motor Vehicles [Member]
Property, Plant and Equipment [Line Items]
Total	454,624	348,941
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	7,369,316	6,772,941
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Total	753,986	174,740
Leasehold Improvement [Member]
Property, Plant and Equipment [Line Items]
Total	1,197,048	218,004
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Total	$ 28,874,739	$ 21,059,285

Intangible Assets, Net (Details

Intangible Assets, Net (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 3,399,649	$ 805,220	$ 861,023

Intangible Assets, Net (Detai_2

Intangible Assets, Net (Details) - Schedule of intangible assets with definite useful lives - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Intangible Assets, Net (Details) - Schedule of intangible assets with definite useful lives [Line Items]
Total	$ 29,565,046	$ 26,623,476
Accumulated amortization	(7,052,838)	(3,546,041)
Intangible assets, net	22,512,208	23,077,435
Land use right [Member]
Intangible Assets, Net (Details) - Schedule of intangible assets with definite useful lives [Line Items]
Total	3,005,644	2,927,874
Non-patent technology [Member]
Intangible Assets, Net (Details) - Schedule of intangible assets with definite useful lives [Line Items]
Total	482,604	470,117
License [Member]
Intangible Assets, Net (Details) - Schedule of intangible assets with definite useful lives [Line Items]
Total	19,879,743	19,879,743
Software [Member]
Intangible Assets, Net (Details) - Schedule of intangible assets with definite useful lives [Line Items]
Total	$ 6,197,055	$ 3,345,742

Intangible Assets, Net (Detai_3

Intangible Assets, Net (Details) - Schedule of estimated future amortization expense related to intangible assets	Dec. 31, 2021USD ($)
Schedule of estimated future amortization expense related to intangible assets [Abstract]
2022	$ 3,531,230
2023	2,500,296
2024	2,140,538
2025	2,048,087
2026	2,048,087
Thereafter	10,243,970
Total	$ 22,512,208

Accrued Liabilities and Other_3

Accrued Liabilities and Other Payables (Details) - Schedule of components of accrued liabilities and other payables - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Schedule of components of accrued liabilities and other payables [Abstract]
Salary payable	$ 1,444,161	$ 794,022
Payable to consultants	1,531,560	1,527,340
License payable		7,951,898
Refundable deposit to customers	1,262,817	1,230,142
Payable to property, plant and equipment suppliers	3,684,884	9,375,507
Other accrued liabilities	1,039,294	1,042,705
Total accrued liabilities and other payables	$ 8,962,716	$ 21,921,614

Loan (Details)

Loan (Details)	1 Months Ended
	Sep. 30, 2021	Dec. 31, 2020USD ($)	Dec. 31, 2020CNY (¥)
Loan (Details) [Line Items]
Bears annual interest rate	5.50%
Hangzhou United Bank [Member]
Loan (Details) [Line Items]
Borrowed a loan amount		$ 766,000	¥ 5,000,000

Income Taxes (Details)

Income Taxes (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income taxes, description	The applicable tax rate is 8.25% on assessable profits arising in or derived from Hong Kong up to HKD2,000,000 and 16.5% on any part of assessable profits over HKD2,000,000.
Income tax effects, description	Under the Enterprise Income Tax Laws of the PRC (the “EIT Laws”), domestic enterprises and Foreign Investment Enterprises (the “FIE”) are usually subject to a unified 25% enterprise income tax rate while preferential tax rates, tax holidays and even tax exemption may be granted on case-by-case basis. EIT grants preferential tax treatment to certain High and New Technology Enterprises (“HNTEs”). Under this preferential tax treatment, HNTEs are entitled to an income tax rate of 15%, subject to a requirement that they re-apply for HNTE status every three years. Zhejiang Ebang obtained the “high-tech enterprise” tax status in November 2017, which reduced its statutory income tax rate to 15% from November 2017 to November 2020. Zhejiang Ebang further re-applied and obtained the HNTE status in December 2020. Hangzhou Dewang obtained the “high-tech enterprise” tax status in November 2018, which reduced its statutory income tax rate to 15% from November 2018 to November 2021. Hangzhou Dewang further re-applied and obtained the HNTE status in December 2021. In addition, Ebang IT obtained the “high-tech enterprise” tax status in December 2021, which reduced its statutory income tax rate to 15% from December 2021 to December 2023.
Statutory income tax rate	25.00%	25.00%	25.00%

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of effective income tax rate and PRC statutory income tax	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule of effective income tax rate and PRC statutory income tax [Abstract]
Statutory income tax rate	25.00%	25.00%	25.00%
Effect of expenses not deductible for tax purposes	0.40%	0.00%	(0.03%)
Effect of additional deduction of research and development expense	(35.10%)	6.70%	6.33%
Effect of income tax exemptions and reliefs	60.90%	(0.70%)	0.01%
Effect of valuation allowance on deferred income tax assets	2.20%	(67.10%)	(29.70%)
Income tax difference under different tax jurisdictions	(45.70%)	(2.20%)
Prior year true-ups	(23.60%)
Others		(2.10%)	(2.59%)
Total	(15.90%)	(40.40%)	(0.98%)

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of provision for income taxes - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule of provision for income taxes [Abstract]
Current income tax expense	$ 2,466,745	$ 623,938	$ 533,078
Deferred tax expense (benefit)	(2,845,588)	8,627,604	(132,767)
Income taxes provision (benefit)	$ (378,843)	$ 9,251,542	$ 400,311

Income Taxes (Details) - Sche_3

Income Taxes (Details) - Schedule of deferred tax assets and liabilities - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Schedule of deferred tax assets and liabilities [Abstract]
Provision for doubtful accounts	$ 6,374,477	$ 8,701,439
Net operating loss carryforward	19,012,186	19,478,753
Accrued expenses and others	3,899,556	3,510,029
Deferred tax assets, gross	29,286,219	31,690,221
Less: valuation allowance	(29,286,219)	(31,538,060)
Deferred tax assets		152,161
Intangible assets		153,033
Property, plant and equipment	165,735
Bad debt allowance	12,847
Deferred tax liabilities	178,582	153,033
Total deferred tax liabilities	$ 178,582	$ 872

Equity (Details)

Equity (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 31, 2021	Feb. 28, 2021	Jan. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Equity (Details) [Line Items]
Net proceeds (in Dollars)	$ 80	$ 90
Warrant exercise price (in Dollars per share)		$ 5.25
Offering sale of units		19,200,000
Offering shares	14,000,000
Aggregate net proceeds (in Dollars)		$ 68
New warrants term		5 years
Warrant exercise price (in Dollars per share)	$ 6.59
Warrants [Member]
Equity (Details) [Line Items]
Intrinsic value of warrants (in Dollars)					$ 1.3
IPO [Member]
Equity (Details) [Line Items]
Underwriting discounts and commissions (in Dollars)				$ 92
Class A Ordinary Shares [Member]
Equity (Details) [Line Items]
Issuance of shares		13,600,000		19,264,337
Per share price (in Dollars per share)				$ 5.23
Aggregate shares issued				3,400,000	4,600,000
Warrants issued				3,400,000
Exercised shares issued	7,000,000	9,600,000		1,700,000	2,300,000
Warrant exercise price (in Dollars per share)		$ 11.06
Aggregate shares	14,000,000	13,600,000
Class A Ordinary Shares [Member] | Warrants [Member]
Equity (Details) [Line Items]
Warrants issued		19,200,000			4,600,000
February 2021 [Member] | Class A Ordinary Shares [Member]
Equity (Details) [Line Items]
Aggregate shares		19,200,000
November 2020 Offering [Member]
Equity (Details) [Line Items]
Issuance of shares				8,000,000
Per share price (in Dollars per share)				$ 5.25
Underwriting discounts and commissions (in Dollars)				$ 42
Common stock, shares					4,600,000
Net proceeds (in Dollars)			$ 17		$ 23
Offering sale of units			3,400,000
November 2020 Offering [Member] | February 2021 [Member] | Class A Ordinary Shares [Member]
Equity (Details) [Line Items]
Offering shares		13,600,000
November2021OfferingMember
Equity (Details) [Line Items]
Aggregate offering units		19,200,000
Aggregate price per unit (in Dollars per share)		$ 5
March 2021 Offering [Member]
Equity (Details) [Line Items]
Per share price (in Dollars per share)	$ 6.1
Aggregate offering units	14,000,000
March 2021 Offering [Member] | Class A Ordinary Shares [Member]
Equity (Details) [Line Items]
Aggregate shares	14,000,000

Equity (Details) - Schedule of

Equity (Details) - Schedule of warrants activities - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule of warrants activities [Abstract]
Number of shares issuable, Begininng Balance	2,300,000
Weight-average exercise price, Begininng Balance	$ 5.5
Number of shares issuable, Outstanding and exercisable	20,600,000	2,300,000
Weight-average exercise price, Outstanding and exercisable	$ 9.54	$ 5.5
Number of shares issuable, Granted	31,900,000	2,300,000
Weight-average exercise price, Granted	$ 8.03	$ 5.5
Number of shares issuable, Exercised	(13,600,000)
Weight-average exercise price, Exercised	$ 5.32
Number of shares issuable, Ending Balance	20,600,000	2,300,000
Weight-average exercise price, Ending Balance	$ 9.54	$ 5.5

Share-based compensation (Detai

Share-based compensation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Share-based compensation (Details) [Line Items]
Granted restricted share awards	1,836,000
Vested term	4 years
Vested percentage	25.00%
Amount of compensation expense (in Dollars)	$ 707,000
Unvested compensation expense (in Dollars)	$ 3,365,320
Minimum [Member]
Share-based compensation (Details) [Line Items]
Vested percentage	50.00%
Maximum [Member]
Share-based compensation (Details) [Line Items]
Vested percentage	100.00%
Class A Ordinary Shares [Member] | 2020 Plan [Member]
Share-based compensation (Details) [Line Items]
Aggregate number of shares	10,482,827
Class A Ordinary Shares [Member] | 2021 Share Incentive Plan [Member]
Share-based compensation (Details) [Line Items]
Aggregate number of shares	10,000,000

Share-based compensation (Det_2

Share-based compensation (Details) - Schedule of RSUs activity under the 2020 Plan	12 Months Ended
	Dec. 31, 2021$ / sharesshares
Schedule of RSUs activity under the 2020 Plan [Abstract]
Number of RSAs unvested, beggining balance
Weighted average grant date fair value unvested, beggining balance (in Dollars per share) | $ / shares
Number of RSAs, Granted	1,836,000
Weighted average grant date fair value, granted (in Dollars per share) | $ / shares	$ 2.52
Number of RSAs, vested
Number of RSAs, forfeited	(220,000)
Weighted average grant date fair value, forfeited (in Dollars per share) | $ / shares	$ 2.52
Number of RSAs unvested, ending balance	1,616,000
Weighted average grant date fair value unvested, ending balance (in Dollars per share) | $ / shares	$ 2.52

Operating leases (Details)

Operating leases (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disclosure Text Block [Abstract]
Description of lease expiration	The Company entered into operating lease agreements for factory buildings, office spaces and employee dormitories including lease agreements with its related party, with various initial term expiration dates through 2022 and various renewal and termination options.
Operating lease liabilities	$ 3,448,226	$ 796,335
Operating lease right-of-use assets	$ 3,269,022	$ 916,036

Operating leases (Details) - Sc

Operating leases (Details) - Schedule of component of lease cost - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule of component of lease cost [Abstract]
Operating lease cost	$ 1,177,689	$ 704,264	$ 662,505
Short-term lease cost	117,118	29,007	116,728
Total lease cost	$ 1,294,807	$ 733,271	$ 779,233

Operating leases (Details) - _2

Operating leases (Details) - Schedule of cash flow information related to operating leases - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$ 1,414,151	$ 690,626	$ 854,431
Supplemental lease cash flow disclosure
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	$ 3,387,501	$ 192,395	$ 1,142,321

Operating leases (Details) - _3

Operating leases (Details) - Schedule of balance sheet information related to operating leases - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Schedule of balance sheet information related to operating leases [Abstract]
Operating lease right-of-use assets	$ 2,132,247	$ 898,335
Operating lease right-of-use assets – related parties	1,136,775	17,701
Total operating lease right-of-use assets	3,269,022	916,036
Operating lease liabilities, current	851,936	659,807
Operating lease liabilities – related parties, current	595,424	17,701
Operating lease liabilities, non-current	1,712,303	118,827
Operating lease liabilities – related party, non-current	288,563
Total operating lease liabilities	$ 3,448,226	$ 796,335
Weighted average remaining lease term of operating leases	3 years 1 month 2 days	1 year 6 months 3 days
Weighted average discount rate of operating leases	6.525%	6.525%

Operating leases (Details) - _4

Operating leases (Details) - Schedule of maturity analysis of operating lease liabilities	Dec. 31, 2021USD ($)
Schedule of maturity analysis of operating lease liabilities [Abstract]
2022	$ 1,597,865
2023	1,038,070
2024	635,801
2025	490,136
2026
Thereafter
Total lease payment	3,761,872
Less: imputed interest	(313,646)
Present value of operating lease liabilities	3,448,226
Less: current obligation	(1,447,360)
Long-term obligation at December 31, 2021	$ 2,000,866

Statutory reserves and restri_3

Statutory reserves and restricted net assets (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Statutory Reserves And Restricted Net Assets [Abstract]
Restricted net assets	$ 34,999,499	$ 34,969,697

Statutory reserves and restri_4

Statutory reserves and restricted net assets (Details) - Schedule of PRC subsidiaries - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Statutory Accounting Practices [Line Items]
Total restricted net assets	$ 34,999,499	$ 34,969,697
Additional Paid-in Capital [Member]
Statutory Accounting Practices [Line Items]
Total restricted net assets	23,919,850	23,919,850
Statutory Reserves [Member]
Statutory Accounting Practices [Line Items]
Total restricted net assets	$ 11,079,649	$ 11,049,847

Segment and revenue analysis (D

Segment and revenue analysis (Details) - Schedule of revenue - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue
Total revenue	$ 51,450,247	$ 19,004,301	$ 109,060,066
Product sale - Bitcoin Mining Machines and Related Accessories [Member]
Revenue
Total revenue	39,756,156	7,951,296	89,919,400
Product Sale - Telecommunication [Member]
Revenue
Total revenue	8,566,866	1,725,982	3,336,413
Service - Management and Maintenance [Member]
Revenue
Total revenue	$ 3,127,225	$ 9,327,023	$ 15,804,253

Segment and revenue analysis _2

Segment and revenue analysis (Details) - Schedule of geographic region - Geographic region [Member] - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue
Total revenue	$ 51,450,247	$ 19,004,301	$ 109,060,066
Mainland China [Member]
Revenue
Total revenue	51,432,545	18,962,130	95,373,150
United States of America [Member]
Revenue
Total revenue		9,338	1,407,546
Hong Kong [Member]
Revenue
Total revenue			1,673,300
Other Foreign Countries [Member]
Revenue
Total revenue	$ 17,702	$ 32,833	$ 10,606,070

Credit Risk and Major Custome_3

Credit Risk and Major Customers (Details)	12 Months Ended
	Dec. 31, 2021
Accounts Receivable [Member]
Credit Risk and Major Customers (Details) [Line Items]
Concentration of credit risk, percentage	10.00%

Credit Risk and Major Custome_4

Credit Risk and Major Customers (Details) - Schedule of accounts receivable concentration of credit risk	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Customer A [Member] | Accounts receivable [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	19.00%
Customer B [Member] | Accounts receivable [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage	13.00%			[1]
Customer C [Member] | Accounts receivable [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage	13.00%			[1]
Customer D [Member] | Accounts receivable [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage	11.00%		10.00%
Customer D [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	20.00%			[1]
Customer E [Member] | Accounts receivable [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	24.00%
Customer E [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	12.00%			[1]
Supplier N [Member] | Supplier [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage	22.00%			[1]		[1]
Supplier O [Member] | Supplier [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage	13.00%			[1]		[1]
Supplier P [Member] | Supplier [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	28.00%			[1]
Supplier Q [Member] | Supplier [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	44.00%		18.00%
Supplier R [Member] | Supplier [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]		[1]	45.00%
Customer F [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage	11.00%			[1]		[1]
Customer G [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]		[1]	16.00%
Customer H [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage	32.00%			[1]		[1]
Customer J [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	18.00%			[1]
Customer K [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	10.00%			[1]
Customer L [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	10.00%			[1]
Customer M [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration of credit risk, percentage		[1]	10.00%			[1]
[1]	Less than 10%

Related Party Transactions (Det

Related Party Transactions (Details)	12 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2019CNY (¥)	Dec. 31, 2020CNY (¥)
Related Party Transactions (Details) [Line Items]
Interest associated with loan		$ 678,000
Borrowing amount		1,800,000
Loan repaid amount		2,800,000
Hong Kong Dewang Limited [Member]
Related Party Transactions (Details) [Line Items]
Loan obtained amount		6,481,700	$ 17,632,000
Interest rate, percentage			4.75%	4.75%	4.75%
Zhejiang Wansi Computer Manufacturing Company Limited [Member]
Related Party Transactions (Details) [Line Items]
Lease expense	$ 31,647	29,582	$ 29,545
Zhejiang Wansi Computer Manufacturing Company Limited [Member] | Minimum [Member]
Related Party Transactions (Details) [Line Items]
Lease terms	2 years
Zhejiang Wansi Computer Manufacturing Company Limited [Member] | Maximum [Member]
Related Party Transactions (Details) [Line Items]
Lease terms	3 years
Hangzhou Yiquansheng Communication Technology Co., Ltd. [Member]
Related Party Transactions (Details) [Line Items]
Lease terms	31 months
Lease expense	$ 378,652
Mr. Dong Hu [Member]
Related Party Transactions (Details) [Line Items]
Borrowing amount		749,949
Gain on disposal (in Yuan Renminbi) | ¥					¥ 500,000
Mr. Dong Hu [Member] | Hangzhou Yiquansheng Communication Technology Co., Ltd. [Member]
Related Party Transactions (Details) [Line Items]
Borrowing amount		$ 562,000
Shubo Qian [Member]
Related Party Transactions (Details) [Line Items]
Borrowing amount			1,050,000
Jun Hu [Member]
Related Party Transactions (Details) [Line Items]
Borrowing amount			$ 2,081,000	¥ 14,500,000

Related Party Transactions (D_2

Related Party Transactions (Details) - Schedule of related parties	12 Months Ended
	Dec. 31, 2021
Dong Hu [Member]
Related Party Transaction [Line Items]
Name of related parties	Dong Hu
Relationship with the Company	Chief executive officer (CEO) of the Company
Hong Kong Dewang Limited [Member]
Related Party Transaction [Line Items]
Name of related parties	Hong Kong Dewang Limited
Relationship with the Company	Wholly owned by Zhengqian Jiang, father-in-law of Dong Hu
Zhejiang Wansi Computer Manufacturing Company Limited [Member]
Related Party Transaction [Line Items]
Name of related parties	Zhejiang Wansi Computer Manufacturing Company Limited
Relationship with the Company	68% owned by Aiqun Jiang, spouse of Dong Hu
Hangzhou Yibang Zhiyang Technology Co., Ltd. [Member]
Related Party Transaction [Line Items]
Name of related parties	Hangzhou Yibang Zhiyang Technology Co., Ltd.
Relationship with the Company	Controlled by Dong Hu
Top Max Limited [Member]
Related Party Transaction [Line Items]
Name of related parties	Top Max Limited
Relationship with the Company	Controlled by Dong Hu
Shubo Qian [Member]
Related Party Transaction [Line Items]
Name of related parties	Shubo Qian
Relationship with the Company	Brother-in-law of Dong Hu
Jun Hu [Member]
Related Party Transaction [Line Items]
Name of related parties	Jun Hu
Relationship with the Company	Sister of Dong Hu
Hangzhou Yiquansheng Communication Technology Co., Ltd. [Member]
Related Party Transaction [Line Items]
Name of related parties	Hangzhou Yiquansheng Communication Technology Co., Ltd.
Relationship with the Company	Controlled by Dong Hu

Related Party Transactions (D_3

Related Party Transactions (Details) - Schedule of due to related party - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Schedule of due to related party [Abstract]
Zhejiang Wansi Computer Manufacturing Company Limited		$ 5,652,833

Contingencies (Details)

Contingencies (Details)	Aug. 06, 2020USD ($)	Aug. 06, 2020CNY (¥)	Apr. 30, 2021USD ($)	Jan. 27, 2021	Nov. 30, 2019	Dec. 31, 2021USD ($)	Dec. 31, 2021CNY (¥)
Contingencies (Details) [Line Items]
Compensate plaintiff amount	$ 71,000	¥ 500,000
Other expenses | ¥							¥ 0.5
Payment for the contract | $			$ 2
Gain from litigation						$ 16,000,000	106,000,000
Business Acquisition [Member]
Contingencies (Details) [Line Items]
Litigation settlement description					the Company brought a claim against one of the Company’s customers and the ultimate beneficial owner of the mining machines (collectively, the “defendants”) in connection with a sale of 80,000 mining machines for an amount of RMB403 million (approximately $58 million) pursuant to a sales contract and a supplementary contract, alleging that the defendants only paid RMB13 million (approximately $2 million) of the total balance and seeking full payment of the outstanding RMB282 million (approximately $40 million) balance plus interest and hold both defendants jointly and severally liable. In August 2021, an agreement was reached between the Company and defendants following a mediation by the court, pursuant to which the defendants agree to pay a total of RMB272 million to the Company. When the sales contract was entered into in 2018, no associated revenue was recognized as the Company concluded the collection of the consideration was not probable. The Company has received RMB106 million (approximately $16 million) from the settlement during the year ended December 31, 2021 and such receipt was recorded as revenue in the consolidated statements of operations and comprehensive income (loss) because the contract has been terminated which leaves the Company no remaining obligations to transfer products and the receipt of consideration is nonrefundable.
High Court of the Hong Kong Special Administrative Region [Member]
Contingencies (Details) [Line Items]
Civil action filed, description				At current stage, the management of the Company, together with the trial counsel of this case, believe it is probable that the appeal might not be successful, and in turn, the Company might become liable for up to RMB0.5 million compensation pursuant to the judgment from the first trial.
Wangjing Technology Co., Ltd [Member]
Contingencies (Details) [Line Items]
Economic losses and reasonable rights						$ 431,000	¥ 3,000,000

Subsequent events (Details)

Subsequent events (Details) - USD ($) $ in Millions	1 Months Ended			12 Months Ended
	Apr. 30, 2022	Mar. 31, 2022	Jan. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Subsequent events (Details) [Line Items]
Employees granted amount				1,836,000
Vested percentage				25.00%
Warrant Inducement Offering [Member]
Subsequent events (Details) [Line Items]
Vesting term				4 years
Subsequent Event [Member]
Subsequent events (Details) [Line Items]
Employees granted amount		3,025,000	1,541,000
Consideration (in Dollars)		$ 0
Forecast [Member]
Subsequent events (Details) [Line Items]
Employees granted amount	504,000

Condensed financial informati_3

Condensed financial information of the parent company (Details) - Schedule of condensed balance sheets - Parent Company [Member] - Parent [Member] - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 81,576,897	$ 8,318,219
Short-term investments	15,000,000	40,835,000
Other current assets, net	658,045	868,949
Due from subsidiaries	242,014,968	46,448,162
Total current assets	339,249,910	96,470,330
Non-current assets:
Intangible assets, net	17,726,105	19,714,079
Investment in subsidiaries	6,820,967	(5,030,523)
Total non-current assets	24,547,072	14,683,556
Total assets	363,796,982	111,153,886
Current liabilities:
Accrued liabilities and other payables	53,603	8,027,480
Total current liabilities	53,603	8,027,480
Total liabilities	53,603	8,027,480
Shareholders’ equity:
Additional paid-in capital	393,717,189	138,288,921
Accumulated deficit	(23,100,631)	(27,531,572)
Accumulated other comprehensive loss	(6,897,005)	(7,648,332)
Total shareholders’ equity	363,743,379	103,126,406
Total liabilities and shareholders’ equity	363,796,982	111,153,886
Class A ordinary share
Shareholders’ equity:
Ordinary share value	17,848	11,411
Class B ordinary share
Shareholders’ equity:
Ordinary share value	$ 5,978	$ 5,978

Condensed financial informati_4

Condensed financial information of the parent company (Details) - Schedule of condensed balance sheets (Parentheticals) - Parent Company [Member] - Parent [Member] - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Class A ordinary share
Condensed Balance Sheet Statements, Captions [Line Items]
Ordinary share, par value (in Dollars per share)	$ 0.001	$ 0.001
Ordinary share, shares authorized	333,374,217	333,374,217
Ordinary share, shares issued	139,209,554	89,009,554
Ordinary share, shares outstanding	139,209,554	89,009,554
Class B ordinary share
Condensed Balance Sheet Statements, Captions [Line Items]
Ordinary share, par value (in Dollars per share)	$ 0.001	$ 0.001
Ordinary share, shares authorized	46,625,783	46,625,783
Ordinary share, shares issued	46,625,783	46,625,783
Ordinary share, shares outstanding	46,625,783	46,625,783

Condensed financial informati_5

Condensed financial information of the parent company (Details) - Schedule of condensed statements of operations and comprehensive loss - Parent Company [Member] - Parent [Member] - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating expenses:
General and administrative expenses	$ 6,233,339	$ 6,401,580	$ 385,865
Total operating expenses	6,233,339	6,401,580	385,865
Loss from operations	(6,233,339)	(6,401,580)	(385,865)
Interest income	541,598	798,328	4
Other expenses	(8,505)	(4,162)	(1,390)
Exchange gain	1,478,258	340,643	529
Other income	18,114
Share of income (loss) from subsidiaries	8,634,815	(25,408,649)	(42,016,647)
Net income (loss)	4,430,941	(30,675,420)	(42,403,369)
Comprehensive income (loss)
Net income (loss)	4,430,941	(30,675,420)	(42,403,369)
Other comprehensive income (loss):
Foreign currency translation adjustment	751,327	1,418,510	(1,188,488)
Comprehensive income (loss)	$ 5,182,268	$ (29,256,910)	$ (43,591,857)

Condensed financial informati_6

Condensed financial information of the parent company (Details) - Schedule of condensed statements of cash flows - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Share-based compensation	$ 707,000
Changes in assets and liabilities:
Net Cash Used in Operating Activities	(14,069,753)	(15,827,288)	(13,260,198)
Cash Flows from Investing Activities
Purchases of intangible assets	(2,365,495)	(11,927,846)
Net Cash Provided by (Used in) Investing Activities	(6,511,020)	(63,180,533)	(5,809,231)
Cash Flows from Financing Activities
Net Cash Provided by Financing Activities	248,284,174	92,058,970	8,547,783
Net Increase (Decrease) in Cash and Cash Equivalents	226,802,851	8,345,584	(13,703,109)
Cash and Cash Equivalents at Beginning of Year	13,669,439
Cash and Cash Equivalents at End of Year	239,872,316	13,669,439
Parent Company [Member]
Cash Flows from Operating Activities:
Net income (loss)	4,430,941	(30,675,420)	(42,403,369)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Share of (income) loss from subsidiaries	(8,634,815)	25,408,649	42,016,647
Amortization expense	1,987,974	165,664
Changes in assets and liabilities:
Due from subsidiaries	(195,566,806)	(46,448,162)	193,591
Other current assets, net	210,904	(868,949)
Accrued liabilities and other payables	(7,973,877)	75,583
Due to subsidiaries		(64,871)	64,871
Net Cash Used in Operating Activities	(204,838,679)	(52,407,506)	(128,260)
Cash Flows from Investing Activities
Cash paid for short-term investments		(79,915,000)
Collections from short-term investments	25,835,000	39,080,000
Purchases of intangible assets		(11,927,846)
Net Cash Provided by (Used in) Investing Activities	25,835,000	(52,762,846)
Cash Flows from Financing Activities
Sale of subsidiary		76,566
Proceeds from issuances of ordinary shares	254,727,705	114,191,595
Net Cash Provided by Financing Activities	254,727,705	114,268,161
Effect of Foreign Exchange on Cash and Cash Equivalents	(2,465,348)	(801,360)
Net Increase (Decrease) in Cash and Cash Equivalents	73,258,678	8,296,449	(128,260)
Cash and Cash Equivalents at Beginning of Year	8,318,219	21,770	150,030
Cash and Cash Equivalents at End of Year	$ 81,576,897	$ 8,318,219	$ 21,770