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Commitments and Contingencies (Tables) | 3 Months Ended | 6 Months Ended
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Mar. 31, 2020 | Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract] |  |
Schedule of Future Minimum Purchase Commitment | The total future minimum purchase commitment under a non-cancellable purchase contract as of March 31, 2020 for the next five years and thereafter is as follows:
Twelve months ending March 31, |  | Minimum purchase |
2021 |  | $ | 693,900 |
2022 |  |  | 693,900 |
2023 |  |  | 693,900 |
2024 |  |  | 693,900 |
2025 |  |  | 693,900 |
Thereafter |  |  | 1,908,225 |
Total minimum purchase commitments required |  | $ | 5,377,725 |
| Purchase commitments The total future minimum purchase commitment under a non-cancellable purchase contract as of December 31, 2019 for the next five years and thereafter is as follows:
Twelve months ending December 31, |  | Minimum purchase |
2020 |  | $ | 693,900 |
2021 |  |  | 693,900 |
2022 |  |  | 693,900 |
2023 |  |  | 693,900 |
2024 |  |  | 693,900 |
Thereafter |  |  | 2,081,700 |
Total minimum purchase commitments required |  | $ | 5,551,200 |
Schedule of Lease Commitments |  | The Company has entered into an operating lease agreement for an office in Hong Kong. The Company’s commitment for minimum lease payments under these operating leases as of December 31, 2019 for the next two years is as follow:
Twelve months ending December 31, |  | Minimum lease payment |
2020 |  | $ | 17,973 |
Thereafter |  |  | - |
Total minimum payments required |  | $ | 17,973 |

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 + Details
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