XML 107 R95.htm IDEA: XBRL DOCUMENT v3.20.2
Concentrations and Credit Risk (Details 1) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Accounts receivable $ 18,829,832 $ 7,952,420
Customer A [Member]    
Accounts receivable $ 2,087,657 $ 1,725,293
Concentration risk, percentage of accounts receivable 11.09% 21.93%
Customer B [Member]    
Accounts receivable [1] $ 1,713,628
Concentration risk, percentage of accounts receivable [1] 21.78%
Customer D [Member]    
Accounts receivable $ 4,373,326 [1]
Concentration risk, percentage of accounts receivable 23.23% [1]
Customer E [Member]    
Accounts receivable [1] $ 902,309
Concentration risk, percentage of accounts receivable [1] 11.47%
Customer F [Member]    
Accounts receivable [1] $ 830,821
Concentration risk, percentage of accounts receivable [1] 10.56%
Zhengzhou BAK New Energy Technology Co., Ltd# [Member]    
Accounts receivable [2] $ 2,103,771 [1]
Concentration risk, percentage of accounts receivable [2] 11.17% [1]
Zhengzhou BAK Battery Co., Ltd [Member]    
Accounts receivable [3] $ 4,970,545 [1]
Concentration risk, percentage of accounts receivable [3] 26.40% [1]
[1] Comprised less than 10% of account receivable (net) for the respective period.
[2] Mr. Xiangqian Li, is a director of Zhengzhou BAK New Energy Vehicle Co., Ltd, which has 29% equity interests in Zhengzhou BAK New Energy Technology Co., Ltd
[3] Mr. Xiangqian Li, the Company’s former CEO, is a director of Zhengzhou BAK Battery Co., Ltd.