XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 263,814 $ 149,272
Lease receivable asset 217,584 217,584
Advance to supplier - prepayment 2,220,077 597,816
Advance to supplier – related party 414,786
Deferred offering costs 204,556
Investment Heze Hongyuan Natural Gas Co. 858,720 835,756
Due from related party 604,850
Loan receivables 116,000
Inventory, net 831,586 500,586
Total current assets 7,404,103 3,990,137
Property and equipment- net 43,500 14,816
Goodwill 747,976 747,976
LWL intangibles 1,481,634 1,468,709
Long term investment - Shuya 561,656
Long-term financing receivables - net 684,770 684,770
License 354,322 354,322
Patents 94,786 103,693
Right of use asset - long term 249,648 157,359
Other assets 34,763 30,891
Total non current assets 3,691,399 4,124,192
Total Assets 11,095,502 8,114,329
Current liabilities:    
Accrued expenses 327,833 119,030
Customer deposits 770,943 80,475
Warranty liability 100,000 100,000
Deferred revenue 33,000 33,000
Derivative liability 588,178
Facility lease liability - current 269,081 186,436
Line of Credit 648,369 998,820
Convertible notes payable (net of discount of 257,582 and $326,805 respectively) 3,110,442 3,092,055
Related party notes payable 177,704
Total current liabilities 5,628,070 6,236,132
Long-term Liability:    
Facility lease liability - long term 78,381  
Total liabilities 5,706,451 6,236,132
Commitments and contingencies
Stockholders’ equity    
Common stock, $.001 par value; 2,000,000,000 shares authorized; 38,968,955 and 37,174,879 issued and outstanding as of September 30, 2023 and December 31, 2022 respectively 38,968 37,175
Addition paid-in capital 24,750,198 19,278,230
Accumulated other comprehensible loss (272,847) (160,673)
Accumulated deficit (19,829,422) (17,276,536)
Total stockholders’ equity attributable to CETY 4,686,897 1,878,196
Non-controlling interest 702,154
Total stockholders’ equity 5,389,051 1,878,196
Total liabilities and stockholders’ equity 11,095,502 8,114,329
Nonrelated Party [Member]    
Current assets:    
Accounts receivable 1,131,679 1,368,567
Current liabilities:    
Accounts payable 368,402 860,435
Related Party [Member]    
Current assets:    
Accounts receivable $ 861,007
Current liabilities:    
Accounts payable