v3.22.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Revenues $ 660,206 $ 721,312
Cost of revenue 394,394 385,236
Gross Profit 265,812 336,076
Operating Expenses    
General and administrative 1,447,357 1,762,856
Professional fees 744,112 683,251
Depreciation 42,600 439,269
Total Operating Expenses 2,234,069 2,885,376
Operating Income (Loss) (1,968,257) (2,549,300)
Other Expense    
Other income 598,809 431,937
Reserve Expense 429,048 (491,897)
Interest expense (2,528,426) (471,579)
Gain/ (loss) on derivative liability (1,792,072) (18,860,260)
Net Other Income (Expense) (3,292,641) (19,391,799)
Net Gain (Loss) (5,260,898) (21,941,099)
Other comprehensive income- foreign currency translation adjustment (2,589) 962
Comprehensive Gain (Loss) (5,263,487) (21,940,137)
Minority Interest (26,882) (221,544)
Net Gain (Loss) to 12 ReTech Corporation $ (5,236,605) $ (21,718,593)
Net Gain (Loss) Per Common Share: Basic and Diluted $ (0.00) $ (0.03)
Weighted Average Number of Common Shares Outstanding: Basic and Diluted 7,139,048,844 641,140,917