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Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUES:      
Application development services $ 20,323,422 $ 21,985,214 $ 15,720,676
Consulting and technical support services 4,555,352 3,797,354 3,307,662
Subscription services 936,913 881,443 1,066,720
Trading revenue 6,277,141
Total revenues 32,092,828 26,664,011 20,095,058
COST OF REVENUES      
Cost of application development services 12,785,491 15,320,446 12,553,556
Cost of consulting and technical support services 2,198,310 1,803,239 1,339,133
Cost of subscription services 156,113 147,631 137,658
Cost of trading revenue 6,237,601
Total cost of revenues 21,377,515 17,271,316 14,030,347
GROSS PROFIT 10,715,313 9,392,695 6,064,711
OPERATING EXPENSES      
Sales and marketing 2,775,526 2,675,028 3,562,425
General and administrative 6,004,186 5,559,426 5,945,576
Provision for doubtful accounts 1,100,606 191,148 3,293,600
Research and development 2,611,742 2,780,944 2,163,658
Share based compensation 6,335,246 1,473,976 2,351,890
Total operating expenses 18,827,306 12,680,522 17,317,149
OPERATING LOSS (8,111,993) (3,287,827) (11,252,438)
OTHER (EXPENSE) INCOME      
Other (expense) income (36,881) 106,026 252,109
Gain from disposition of a subsidiary 714
Change in fair value of convertible debt (1,508,229) (15,258,333)
Total other (expense) income (1,544,396) (15,152,307) 252,109
LOSS BEFORE INCOME TAXES (9,656,389) (18,440,134) (11,000,329)
INCOME TAX BENEFITS (173,941) (80,532) (213,347)
NET LOSS (9,482,448) (18,359,602) (10,786,982)
Less: loss attributable to non-controlling interests (141,106) (105,945) (145)
NET LOSS ATTRIBUTABLE TO POWERBRIDGE (9,341,342) (18,253,657) (10,786,837)
OTHER COMPREHENSIVE (LOSS) INCOME      
Foreign currency translation adjustment 1,880,131 809,672 (101,857)
COMPREHENSIVE LOSS (7,602,317) (17,549,930) (10,888,839)
Less: comprehensive loss attributable to non-controlling interest (145,516) (112,103) (144)
COMPREHENSIVE LOSS ATTRIBUTABLE TO POWERBRIDGE $ (7,456,801) $ (17,437,827) $ (10,888,695)
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES *      
Basic and diluted (in Shares) [1] 49,264,375 16,150,065 8,388,481
LOSS PER SHARE      
Basic and diluted (in Dollars per share) $ (0.19) $ (1.13) $ (1.29)
[1] Shares and per share data are presented on a retroactive basis to reflect the nominal share issuance and share split on August 18, 2018 and February 10, 2019.