ADVANCES TO VENDORS AND PROPERTY AND EQUIPMENT (Details Narrative) - USD ($) |
3 Months Ended | ||
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Mar. 31, 2022 |
Mar. 31, 2021 |
Dec. 31, 2021 |
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Advances To Vendors And Property And Equipment | |||
Advances to vendor | $ 594,239,887 | $ 466,254,623 | |
Depreciation | 13,864,132 | $ 720,142 | |
Amortization of Intangible Assets | $ 12,552 | $ 17,794 |
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- References No definition available.
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- Definition Long-Term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. This does not include advances to clients. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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