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Principal Activities, Basis of Presentation and Organization (Tables) | 6 Months Ended
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Jun. 30, 2023
Principal Activities, Basis of Presentation and Organization [Abstract] |
Schedule of Presents the Activity of the Deferred Batteries Development and Sales of Batteries Revenue | The table below presents the activity of the deferred batteries development and sales of batteries revenue during the six months ended June 30, 2022 and 2023, respectively:
|  | June 30 |  |  | June 30, |
|  | 2022 |  |  | 2023 |
Balance at beginning of the year |  | $ | 784,000 |  |  | $ | 1,869,525 |
Development fees collected/ deposits received |  |  | - |  |  |  | - |
Development and sales of batteries revenue recognized |  |  | - |  |  |  | - |
Foreign exchange adjustment |  |  | - |  |  |  | (51,570 | )
Balance at end of period |  | $ | 784,000 |  |  | $ | 1,817,955 |

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- Definition Tabular disclosure of the entity's accounting policy for the recognition of revenue under the milestone method. Includes: (1) a description of the overall arrangement; (2) a description of each milestone and related contingent consideration; (3) a determination of whether each milestone is considered substantive; (4) the factors that the entity considered in determining whether the milestone or milestones are substantive; and (5) the amount of consideration recognized during the period for the milestone or milestones. + References No definition available. + Details
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