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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
REVENUES:    
Total revenues $ 6,584,729 $ 7,017,827
COST OF REVENUES    
Total cost of revenues 4,739,749 5,546,047
GROSS PROFIT 1,844,980 1,471,780
OPERATING EXPENSES    
Sales and marketing 698,587 923,026
General and administrative 8,999,287 2,236,063
Provision for doubtful accounts 483,137 2,039,248
Research and development 2,516,986 1,971,750
Share based compensation 3,576,470 3,060,042
Total operating expenses 16,274,467 10,230,129
OPERATING LOSS (14,429,487) (8,758,349)
OTHER INCOME (EXPENSE)    
Loss from disposition of a subsidiary (1,048)
Gain from equity investment 70,947
Fair value loss on financial instruments and financial assets (25,738,516)
Change in fair value of convertible debt (530,501) 11,658
Fair value change in financial instrument (16,921,945)
Other expense (85,537) (77,987)
Total other expense (43,205,552) (67,377)
LOSS BEFORE INCOME TAXES (57,635,039) (8,825,726)
INCOME TAX BENEFIT (74,856) (317,303)
NET LOSS (57,560,183) (8,508,423)
Less: loss attributable to non-controlling interests (97,230) (19,490)
NET LOSS ATTRIBUTABLE TO POWERBRIDGE (57,462,953) (8,488,933)
OTHER COMPREHENSIVE LOSS    
Foreign currency translation adjustment (2,674,701) (3,918,561)
COMPREHENSIVE LOSS (60,234,884) (12,426,984)
Less: comprehensive loss attributable to non-controlling interest (85,268) (6,916)
COMPREHENSIVE LOSS ATTRIBUTABLE TO POWERBRIDGE $ (60,149,616) $ (12,420,068)
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES    
Basic (in Shares) 2,901,135 299,296
LOSS PER SHARE    
Basic (in Dollars per share) $ (19.81) $ (28.36)
Application development services    
REVENUES:    
Total revenues $ 2,179,167 $ 1,806,690
Consulting and technical support services    
REVENUES:    
Total revenues 1,477,740 1,316,096
Subscription services    
REVENUES:    
Total revenues 294,528 428,087
Others revenue    
REVENUES:    
Total revenues 27,324
Cost of application development services    
COST OF REVENUES    
Total cost of revenues 1,497,466 1,595,772
Cost of consulting and technical support services    
COST OF REVENUES    
Total cost of revenues 607,587 536,316
Cost of subscription services    
COST OF REVENUES    
Total cost of revenues 37,293 55,135
Cost of trading revenue    
COST OF REVENUES    
Total cost of revenues 2,559,490 3,358,824
Cost of others revenue    
COST OF REVENUES    
Total cost of revenues 37,913
Trading revenue    
REVENUES:    
Total revenues $ 2,605,970 $ 3,466,954