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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES        
Equipment and systems
Fuel materials 1,279,781 7,418,297 6,445,181 12,285,253
Trading and others 46,482 473,468 46,482 639,297
TOTAL REVENUES 1,326,263 7,891,765 6,491,663 12,924,550
COST OF REVENUES        
Equipment and systems
Fuel materials 1,189,205 7,423,011 6,172,177 12,312,714
Trading and others 256,787 316,063
TOTAL COST OF REVENUES 1,189,205 7,679,798 6,172,177 12,628,777
GROSS PROFIT 137,058 211,967 319,486 295,773
OPERATING EXPENSES (INCOME)        
Selling, general and administrative 311,685 (19,305) 904,055 567,804
Provision for (recovery of) doubtful accounts 969 405,022 (134,769) 289,873
TOTAL OPERATING EXPENSES (INCOME) 312,654 385,717 769,286 857,677
INCOME FROM OPERATIONS (175,596) (173,750) (449,800) (561,904)
OTHER INCOME (EXPENSE)        
Interest income 8,423 (2) 10,063
Interest expense (9,462) (9,764) (11,482) (17,606)
Investment income 3,600 12,950
Other income (expense), net (1) 946 (1)
Total other income (expense), net 2,560 (8,820) 11,530 (17,606)
INCOME BEFORE INCOME TAXES FROM CONTINUING OPERATIONS (173,036) (182,570) (438,270) (579,510)
PROVISION FOR INCOME TAXES 1,567 (5,279) 50,111 42,239
INCOME FROM CONTINUING OPERATIONS (174,603) (177,291) (488,381) (621,749)
Discontinued operations:        
Income (loss) from discontinued operations, net of taxes (4,446) 1,537,297 495,733 1,250,309
Gain on disposal, net of taxes 6,951,617 6,951,617
Income (loss) from discontinued operations, total 6,947,171 1,537,297 7,447,350 1,250,309
Net income 6,772,568 1,360,006 6,958,969 628,560
OTHER COMPREHENSIVE INCOME        
Foreign currency translation adjustment (382,301) (558,490) (707,240) (47,405)
COMPREHENSIVE INCOME (LOSS) $ 6,390,267 $ 801,516 $ 6,251,729 $ 581,155
WEIGHTED AVERAGE NUMBER OF COMMON SHARES        
Basic and diluted 27,640,684 21,735,542 27,640,684 20,867,311
Earnings per share from continuing operations        
Basic and diluted $ (0.01) $ (0.01) $ (0.02) $ (0.03)
Earnings per share from discontinued operations        
Basic and diluted 0.25 0.07 0.27 0.06
Earnings per share available to common shareholders        
Basic and diluted $ 0.25 $ 0.06 $ 0.25 $ 0.03