XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES        
TOTAL REVENUES $ 423 $ 386,634 $ 240,901 $ 1,279,170
COSTS AND EXPENSES        
Cost of revenue - short video produce costs, related party (115,350) (5,438) (400,212)
Cost of revenue - rental and related costs (178) (13,913) (1,922) (45,661)
Cost of revenue - salaries and related expenses (34,792) (140,512) (1,455)
Sales and marketing expenses (27,292) (30,429) (103,957) (98,101)
General and administrative expenses (243,500) (267,255) (812,599) (672,419)
TOTAL COSTS AND EXPENSES (305,762) (426,947) (1,064,428) (1,217,848)
OPERATING INCOME (LOSS) (305,339) (40,313) (823,527) 61,322
OTHER INCOME (EXPENSES)        
Other income, net 2,604 407 7,147 5,572
Imputed interest expenses (5,528) (10,961) (59,401) (17,220)
TOTAL OTHER INCOME (EXPENSES) (2,924) (10,554) (52,254) (11,648)
INCOME (LOSS) BEFORE INCOME TAX (308,263) (50,867) (875,781) 49,674
INCOME TAX EXPENSES (1,870)
NET INCOME (LOSS) (308,263) (50,867) (877,651) 49,674
Other comprehensive income (loss)        
Foreign exchange adjustment income (loss) 131,184 7,540 232,050 (7,385)
COMPREHENSIVE INCOME (LOSS) $ (177,079) $ (43,327) $ (645,601) $ 42,289
Net income (loss) per share - Basic and diluted $ (0.00) $ (0.00) $ (0.01) $ 0.00
Weighted average number of common shares outstanding – Basic and diluted 119,956,826 119,956,826 119,956,826 119,956,826
Related Party [Member]        
REVENUES        
TOTAL REVENUES $ 9
Non-related Parties [Member]        
REVENUES        
TOTAL REVENUES $ 423 $ 386,634 $ 240,892 $ 1,279,170