| Schedule of Disaggregation of Revenue |
Disaggregation of Revenue
| |
|
Year ended December 31, 2020 |
|
| |
|
Environmental Solutions |
|
|
Solid Waste |
|
|
Total |
|
| Sources of Revenue |
|
|
|
|
|
|
|
|
|
| Product sales |
|
$ |
1,805,000 |
|
|
|
- |
|
|
$ |
1,805,000 |
|
| Media sales |
|
|
871,500 |
|
|
|
- |
|
|
|
871,500 |
|
| Licensing fees |
|
|
- |
|
|
|
32,900 |
|
|
|
32,900 |
|
| Operating fees |
|
|
- |
|
|
|
3,100 |
|
|
|
3,100 |
|
| Management fees |
|
|
- |
|
|
|
200,000 |
|
|
|
200,000 |
|
| Total Revenue |
|
$ |
2,676,500 |
|
|
$ |
236,000 |
|
|
$ |
2,912,500 |
|
| |
|
Year ended December 31, 2019 |
|
| |
|
Environmental Solutions |
|
|
Solid Waste |
|
|
Total |
|
| Sources of Revenue |
|
|
|
|
|
|
|
|
|
|
|
|
| Product sales |
|
$ |
2,952,100 |
|
|
|
- |
|
|
$ |
2,952,100 |
|
| Media sales |
|
|
1,100,800 |
|
|
|
- |
|
|
|
1,100,800 |
|
| Licensing fees |
|
|
- |
|
|
|
49,900 |
|
|
|
49,900 |
|
| Operating fees |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Management fees |
|
|
- |
|
|
|
200,000 |
|
|
|
200,000 |
|
| Total Revenue |
|
$ |
4,052,900 |
|
|
$ |
249,900 |
|
|
$ |
4,302,800 |
|
|
| Schedule of Contract Balances |
The opening and closing balances of the Company’s
accounts receivables and contract liabilities (current and non-current) are as follows:
| |
|
|
|
|
|
|
|
Contract Liabilities |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Accounts
Receivable, net |
|
|
Revenue
Contract Assets |
|
|
Revenue Contract Liabilities |
|
|
Deferred Revenue
(current) |
|
|
Deferred Revenue
(non-current) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance as of December 31, 2020 |
|
$ |
375,600 |
|
|
$ |
6,800 |
|
|
$ |
323,900 |
|
|
$ |
30,200 |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance as of December 31, 2019 |
|
|
686,800 |
|
|
|
242,500 |
|
|
|
327,100 |
|
|
|
32,900 |
|
|
|
30,200 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Decrease) increase |
|
$ |
(311,200 |
) |
|
$ |
(235,700 |
) |
|
$ |
(3,200 |
) |
|
$ |
(2,700 |
) |
|
$ |
(30,200 |
) |
|