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Commitments and Contingencies (Tables)
 3 Months Ended 6 Months Ended
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