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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of loss from discontinued operations |
|  | December 31, |  |  | December 31, |
|  | 2020 |  |  | 2019 |
REVENUES |  | $ | - |  |  | $ | 344,250 |
COST OF SALES |  |  | - |  |  |  | 316,162 |
GROSS PROFIT |  |  | - |  |  |  | 28,088 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |
General and administrative |  |  | 274,370 |  |  |  | 5,476,173 |
Selling expenses |  |  | - |  |  |  | 231,519 |
Bad debt expenses |  |  | 202,679 |  |  |  | 3,101,859 |
Total |  |  | 477,049 |  |  |  | 8,809,551 |
OTHER INCOME (EXPENSE) |  |  |  |  |  |  |  |
Interest income |  |  | 189 |  |  |  | 209 |
Interest expense |  |  | - |  |  |  | (7,300,188 | )
other income (expenses) |  |  | (1,197 | ) |  |  | 116,917 |
Total |  |  | (1,008 | ) |  |  | (7,183,062 | )
Loss from discontinued operations before income tax |  |  | (478,057 | ) |  |  | (15,964,525 | )
Income tax provision |  |  | - |  |  |  | - |
Loss from discontinued operation before noncontrolling interest |  | $ | (478,057 | ) |  |  | (15,964,525 | )
Gain on disposal of discontinued operations |  |  | 145 |  |  |  |  |
Less: Net loss attributable to non-controlling interests |  |  |  |  |  |  | (1,681,739 | )
LOSS FROM DISCONTINUED OPERATION |  | $ | (477,912 | ) |  | $ | (14,282,786 | )
Schedule of assets and liabilities related to discontinued operations |
|  | December 31, 2020 |  |  | December 31, 2019 |
Cash |  | $ | 2,985 |  |  | $ | 471,536 |
Accounts receivable |  |  | - |  |  |  | 11,720 |
Other receivables |  |  | - |  |  |  | 1,861 |
Inventory |  |  | - |  |  |  | 454,269 |
Advances to suppliers and other current assets |  |  | - |  |  |  | 167,831 |
Property and equipment, net |  |  | - |  |  |  | 1,176,163 |
Right of use assets |  |  | - |  |  |  | 57,571,254 |
Intangible assets, net |  |  | - |  |  |  | 20,619,588 |
Amount due from related parties |  |  | 32,097 |  |  |  | 18,054,736 |
Total assets related to discontinued operations |  | $ | 35,082 |  |  |  | 98,528,958 |
Accounts payable |  | $ | - |  |  | $ | 2,156,219 |
Accrued expenses |  |  | 431,011 |  |  |  | 84,567,693 |
Advances from customers |  |  | - |  |  |  | 983,472 |
Short-term bank loans |  |  | - |  |  |  | 37,245,139 |
Lease liabilities |  |  | - |  |  |  | 60,613,970 |
Amount due from related parties |  |  | 434,557 |  |  |  | 14,768,360 |
Total liabilities related to discontinued operations |  | $ | 865,568 |  |  | $ | 200,334,853 |

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