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Inventories (Tables) | 12 Months Ended
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Dec. 31, 2021
Inventories [Abstract] |
Inventories | Inventories consist of the following:
|  | December 31, 2021 |  |  | December 31, 2020 |
Raw materials and supplies |  | $ | 5,360,680 |  |  | $ | 107,939 |
Work-in-process |  |  | 756,896 |  |  |  | - |
Finished goods |  |  | 888,054 |  |  |  | - |
Total |  | $ | 7,005,630 |  |  | $ | 107,939 |
Provision for slow moving inventory |  |  | (47,854 | ) |  |  | - |
Total |  | $ | 6,957,776 |  |  | $ | 107,939 |
Changes in Provision for Slow Moving Inventory | The changes in the provision for slow moving inventory is as follows:
|  | Year Ended December 31, 2021 |
Balance at beginning of year |  | $ | - |
Assumed at business combination |  |  | (50,000 | )
Exchange differences |  |  | 2,146 |
Balance at end of year |  | $ | (47,854 | )

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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 + Details
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