XML 58 R41.htm IDEA: XBRL DOCUMENT v3.22.4
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
$ / shares in Units, ¥ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Feb. 13, 2018
USD ($)
$ / shares
shares
Jul. 31, 2022
USD ($)
Jul. 31, 2022
CNY (¥)
Sep. 30, 2022
USD ($)
$ / shares
shares
Sep. 30, 2022
CNY (¥)
shares
Mar. 31, 2022
USD ($)
Sep. 30, 2021
USD ($)
$ / shares
shares
Sep. 30, 2022
USD ($)
Integer
$ / shares
shares
Sep. 30, 2021
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
Integer
$ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Aug. 31, 2022
USD ($)
Product Information [Line Items]                        
FDIC insured amount       $ 250,000       $ 250,000   $ 250,000    
Allowance for doubt full accounts receivable       75,000       75,000   75,000 $ 75,000  
Allowance for long term financing receivables       247,500       247,500   247,500 247,500  
Purchase of lease receivable asset               1,309,527   1,309,527 1,309,527  
Recognized value       217,584       217,584   217,584 217,584  
Obsolete inventory reserve       321,104       $ 321,104   $ 321,104 250,000  
Final payment percentage               10.00%   10.00%    
Deferred revenue       33,000       $ 33,000   $ 33,000 33,000  
Outstanding customer deposits       0       0   24,040 82,730  
Equity method investments                       $ 0
Operating expenses       $ 566,899     $ 578,808 1,724,727 $ 1,660,014 $ 2,183,167 1,986,684  
Decrease in equity investment               $ 550,644        
Weighted Average Number of Shares Issued, Basic | shares       37,074,432 37,074,432   23,589,229 37,074,432        
Stock Issued During Period, Shares, Conversion of Units | shares       2,100,402 2,100,402         12,071,756    
Number of share common stock warrants convertible | shares               586,806   218,868    
Research and development expense       $ 0     $ 0 $ 0 0 $ 0 0  
Number of Reportable Segments | Integer               4   3    
Employee Benefits and Share-Based Compensation               $ 0 $ 0   0  
Income tax examination description               On December 22, 2018 H.R. 1, originally known as the Tax Cuts and Jobs Act, (the “Tax Act”) was enacted. Among the significant changes to the U.S. Internal Revenue Code, the Tax Act lowers the U.S. federal corporate income tax rate (“Federal Tax Rate”) from 35% to 21% effective January 1, 2018. The Company will compute its income tax expense for the year ended December 31, 2022 using a Federal Tax Rate of 21% and an estimated state of California rate of 9%.   On December 22, 2018 H.R. 1, originally known as the Tax Cuts and Jobs Act, (the “Tax Act”) was enacted. Among the significant changes to the U.S. Internal Revenue Code, the Tax Act lowers the U.S. federal corporate income tax rate (“Federal Tax Rate”) from 35% to 21% effective January 1, 2018. The Company will compute its income tax expense for the year ended December 31, 2021 using a Federal Tax Rate of 21% and an estimated state of California rate of 9%    
Federal corporate income tax rate               21.00%   21.00%    
Net operating loss carry-forward       10,108,327       $ 10,108,327   $ 8,523,272    
Deferred tax assets, gross       3,032,498       3,032,498   2,556,982 2,640,529  
Valuation allowance       $ 3,032,498       $ 3,032,498   $ 2,556,982 $ 2,640,529  
Common Stock, Par or Stated Value Per Share | $ / shares       $ 0.001     $ 0.001 $ 0.001 $ 0.001 $ 0.001 $ 0.001  
Deferred revenue                   $ 33,000 $ 33,000  
Weighted average number of common shares outstanding | shares                   23,589,229    
Weighted Average Number of Shares Outstanding, Basic | shares       25,569,891 25,569,891   22,387,456 24,514,942 22,282,813 22,519,352 19,196,529  
Weighted Average Number of Shares Outstanding, Diluted | shares       0 0   0 0 0 34,188,222    
Net operating loss carry-forward       $ (10,108,327)       $ (10,108,327)   $ (8,523,272)    
Deferred Tax Assets, Valuation Allowance       (3,032,498)       $ (3,032,498)   $ (2,556,982) $ (2,640,529)  
MGW Investment I Limited [Member]                        
Product Information [Line Items]                        
Debt maturity date               Oct. 08, 2023   Oct. 08, 2023    
MGW Investment I Limited [Member] | Stock Purchase Agreement [Member]                        
Product Information [Line Items]                        
Proceeds from Issuance of Common Stock $ 907,388                      
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures | shares 7,561,567                      
Common Stock, Par or Stated Value Per Share | $ / shares $ 0.001                      
Corporation and Confections Ventures Limited [Member] | Convertible Note Purchase Agreement [Member]                        
Product Information [Line Items]                        
Debt principal amount $ 939,500                      
Debt interest rate 10.00%                      
Debt conversion price per share | $ / shares $ 0.12                      
Debt maturity date Dec. 31, 2015                      
Corporation and Confections Ventures Limited [Member] | Convertible Note [Member]                        
Product Information [Line Items]                        
Debt conversion price per share | $ / shares $ 0.003                      
Nevada Corporation [Member] | Stock Purchase Agreement [Member]                        
Product Information [Line Items]                        
Proceeds from Issuance of Common Stock $ 907,388                      
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures | shares 7,561,567                      
Common Stock, Par or Stated Value Per Share | $ / shares $ 0.001                      
Domestic Tax Authority [Member]                        
Product Information [Line Items]                        
Federal corporate income tax rate               30.00%        
CALIFORNIA                        
Product Information [Line Items]                        
Federal corporate income tax rate               9.00%        
Sichuan Hongzuo Shuya Energy Limited [Member]                        
Product Information [Line Items]                        
Percentage of equity ownership   20.00% 20.00%                 49.00%
Operating expenses       27,836                
Loss from investment       13,640                
Decrease in equity investment               $ 536,994        
JHJ [Member]                        
Product Information [Line Items]                        
Proceeds from capital contribution       $ 550,000 ¥ 3,910              
Percentage of equity ownership                       100.00%
Sichuan Shunengwei Energy Technology Limited [Member]                        
Product Information [Line Items]                        
Percentage of equity ownership                       29.00%
Other Three Shareholders [Member]                        
Product Information [Line Items]                        
Proceeds from capital contribution   $ 2,810,000 ¥ 20,000                  
Measurement Input, Price Volatility [Member]                        
Product Information [Line Items]                        
Derivative liability measurement input       84       84   0.56    
Measurement Input, Risk Free Interest Rate [Member]                        
Product Information [Line Items]                        
Derivative liability measurement input       0.15       0.15   0.0015    
120 Months [Member]                        
Product Information [Line Items]                        
Lease due amount           $ 20,000       $ 20,000    
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Four Customers [Member]                        
Product Information [Line Items]                        
Accounts receivable, rate               98.00%