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Accrued Expenses and Other Current Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Payables and Accruals [Abstract]    
Advance from customers $ 9,493 $ 11,719
Accrued payroll and employee benefits 105,801 248,745
Accrued interest expenses 37,140
Other tax payables [1] 325,719 324,670
Penalty related to a loan default [2] 1,701,986
Others [3] 62,442 16,598
Accrued expenses and other current liabilities $ 503,455 $ 2,340,858
[1] Other tax payables are mainly value added tax payable.
[2] Penalty payable of RMB6.0 million (equivalent to US$0.9 million) and RMB5.8 million (equivalent to US$0.8 million) was accrued for a loan default by Sichuan Wetouch obtained from Chengdu Bank in 2013 and guaranteed by a third party Chengdu SME Credit Guarantee Co., Ltd. ("Chengdu SME") as of December 31, 2019. (see Note 9).On September 16, 2020, Sichuan Wetouch made a full repayment of RMB11.8 million (equivalent to US$1.7 million) of the above loan default penalties to Chengdu SME.
[3] Others mainly represent accrued employee reimbursement payable and other accrued miscellaneous operating expenses.