Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.21.2
REVENUE (Tables)
 9 Months Ended
Sep. 30, 2021
Revenue:  
SCHEDULE OF DISAGGREGATION OF REVENUE

Disaggregation of Revenue (Unaudited)

 

    Environmental Solutions     Solid Waste     Total  
    Three months ended September 30, 2021  
    Environmental Solutions     Solid Waste     Total  
Sources of Revenue                        
Product sales   $ 918,700       -     $ 918,700  
Media sales     257,400       -       257,400  
Licensing fees     -       8,200       8,200  
Operating fees     -       -       -  
Management fees     -       50,000       50,000  
Total Revenue   $ 1,176,100     $ 58,200     $ 1,234,300  

 

    Environmental Solutions     Solid Waste     Total  
    Three months ended September 30, 2020  
    Environmental Solutions     Solid Waste     Total  
Sources of Revenue                        
Product sales (1)     698,900       -       698,900  
Media sales     293,100       -       293,100  
Licensing fees     -       8,200       8,200  
Operating fees     -       -       -  
Management fees     -       50,000       50,000  
Total Revenue   $ 992,000     $ 58,200     $ 1,050,200  

 

(1) Includes $142,300 of revenue included in discontinued operations.

 

    Environmental Solutions     Solid Waste     Total  
    Nine months ended September 30, 2021  
    Environmental Solutions     Solid Waste     Total  
Sources of Revenue                        
Product sales (2)   $ 2,202,600       -     $ 2,202,600  
Media sales     699,400       -       699,400  
Licensing fees     -       24,700       24,700  
Operating fees     -       -       -  
Management fees     -       150,000       150,000  
Total Revenue   $ 2,902,000     $ 174,700     $ 3,076,700  

 

(2) Includes $177,200 of revenue included in discontinued operations.

 

    Environmental Solutions     Solid Waste     Total  
    Nine months ended September 30, 2020  
    Environmental Solutions     Solid Waste     Total  
Sources of Revenue                        
Product sales (3)   $ 1,676,600       -     $ 1,676,600  
Media sales     815,500       -       815,500  
Licensing fees     -       24,700       24,700  
Operating fees     -       -       -  
Management fees     -       150,000       150,000  
Total Revenue   $ 2,492,100     $ 174,700     $ 2,666,800  
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 September 30, 2021   $ 534,400     $ 123,700     $ 227,100     $ 5,500     $ -  
                                         
Balance as of December 31, 2020     375,600       6,800       323,900       30,200       -  
                                         
Increase (Decrease)   $ 158,800     $ 116,900     $ (96,800 )   $ (24,700 )   $ -