Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investment (Tables)

v3.22.2.2
Equity Method Investment (Tables)
9 Months Ended
Sep. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of equity method investment
Equity investment carrying amount at January 1, 2022   $ 515,632  
Payment made for equity method investment     52,994  
Epicon’s net loss attributable to the Company     (33,809 )
Foreign currency fluctuation     (56,455 )
Equity investment carrying amount at September 30, 2022   $ 478,362  

 

Schedule of financial information, balance sheet
    September 30,
2022
    December 31,
2021
 
Current assets   $ 2,487     $ 5,479  
Noncurrent assets     153,057       216,864  
Current liabilities     36,790       56,626  
Noncurrent liabilities    
-
     
-
 
Equity     118,754       165,717  

 

Schedule of financial information
    For the Three Months
Ended September 30,
    For the Nine Months
Ended September 30,
 
    2022     2021     2022     2021  
Net revenue   $
-
    $
-
    $
-
    $
-
 
Gross profit    
-
     
-
     
-
     
-
 
Loss from operation     22,526       35,509       84,552       120,338  
Net loss     22,527       35,509       84,521       120,338