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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Contingent rental income $ 80,924 $ 702,973
Interest income on sales-type leases 173,360
Total operating income 80,924 876,333
Operating expenses        
Bad debts (reversal) (1,649,622) 2,716,507 (1,649,622) 2,824,903
Loss on disposal of systems 1,264,256
General and administrative 236,686 682,912 390,864 2,017,336
Total operating (income) expenses (1,412,936) 3,399,419 (1,258,758) 6,106,495
Income (loss) from operations 1,412,936 (3,318,495) 1,258,758 (5,230,162)
Non-operating income (expenses)        
Loss on note redemption / conversion (95,163)   (198,330) (893,958)
Interest income 45,611 41,498 72,617 82,610
Interest expense (341,784) (1,861,815) (697,028) (3,793,920)
Other income (expenses), net (27,660) (19,450) (40,628) 344,003
Total non-operating expenses, net (418,996) (1,839,767) (863,369) (4,261,265)
Income (loss) before income tax 993,940 (5,158,262) 395,389 (9,491,427)
Income tax (benefit) expense 104,827 (2,286,044)
Net income (loss) attributable to China Recycling Energy Corporation 993,940 (5,263,089) 395,389 (7,205,383)
Other comprehensive items        
Foreign currency translation gain (loss) 58,688 (1,907,185) (1,282,589) (96,559)
Comprehensive income (loss) attributable to China Recycling Energy Corporation $ 1,052,628 $ (7,170,274) $ (887,200) $ (7,301,942)
Basic and diluted weighted average shares outstanding (in Shares) 2,317,223 15,743,533 2,226,282 13,914,784
Basic and diluted loss per share (in Dollars per share) $ 0.43 $ (0.33) $ 0.18 $ (0.52)