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v3.20.4

Property and Equipment, Net | 12 Months Ended
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Dec. 31, 2020
Property, Plant and Equipment [Abstract] |
Property and Equipment, Net | NOTE 4 – PROPERTY AND EQUIPMENT, NET
|  | December 31, |
|  | 2020 |  |  | 2019 |
Computers |  |  | 10,328 |  |  |  | 10,328 |
Furniture and office equipment |  |  | 5,002 |  |  |  | 5,002 |
Machines |  |  | 130,797 |  |  |  | 134,665 |
Vehicles |  |  | 85,149 |  |  |  | 85,149 |
|  |  | 231,276 |  |  |  | 235,144 |
Less - accumulated depreciation |  |  | (139,382 | ) |  |  | (117,325 | )
Less – Impairment of long lived assets |  |  | (36,700 | ) |  |  | (36,700 | )
Total property and equipment, net |  |  | 55,194 |  |  |  | 81,119 |
In the years ended December 31, 2020 and 2019, depreciation expenses were US$ 22,512 and US$ 27,351 respectively, and additional property and equipment were purchased in an amount of US$ 23,327 for the years ended December 31, 2019 (none for the year ended December 31, 2020).

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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