Annual report pursuant to Section 13 and 15(d)

Equity Method Investment (Tables)

v3.22.1
Equity Method Investment (Tables)
12 Months Ended
Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of equity method investment
Equity investment carrying amount at January 1, 2020   $ 483,101  
Payment made for equity method investment     57,972  
Epicon’s net loss attributable to the Company     (51,673 )
Foreign currency fluctuation     32,358  
Equity investment carrying amount at December 31, 2020     521,758  
Payment made for equity method investment     40,301  
Epicon’s net loss attributable to the Company     (60,463 )
Foreign currency fluctuation     14,036  
Equity investment carrying amount at December 31, 2021   $ 515,632  

 

Schedule of financial information
    December 31,
2021
    December 31,
2020
 
Current assets   $ 5,479     $ 13,023  
Noncurrent assets     216,864       264,390  
Current liabilities     56,626       6,615  
Noncurrent liabilities    
-
     
-
 
Equity     165,717       270,798  

 

Schedule of financial information
    For the Years
Ended
December 31,
 
    2021     2020  
Net revenue   $
-
    $
-
 
Gross profit    
-
     
-
 
Loss from operation     151,158       129,316  
Net loss     151,158       129,183