Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

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REVENUE (Tables)
 3 Months Ended
Mar. 31, 2022
Revenue:  
SCHEDULE OF DISAGGREGATION OF REVENUE

Disaggregation of Revenue (Unaudited)

 

    Environmental Solutions     Solid Waste     Total  
    Three months ended March 31, 2022  
    Environmental Solutions     Solid Waste     Total  
                   
Sources of Revenue                        
Product sales   $ 666,300       -     $ 666,300  
Media sales     193,600       -       193,600  
Licensing fees     -       -       -  
Management fees     -       50,000       50,000  
Total Revenue   $ 859,900     $ 50,000     $ 909,900  

 

    Environmental Solutions     Solid Waste     Total  
    Three months ended March 31, 2021  
    Environmental Solutions     Solid Waste     Total  
                   
Sources of Revenue                        
Product sales     431,600       -       431,600  
Media sales     254,400       -       254,400  
Licensing fees     -       8,200       8,200  
Management fees     -       50,000       50,000  
Total Revenue   $ 686,000     $ 58,200     $ 744,200  

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:

 

    Accounts Receivable, net     Contract Assets     Contract Liabilities  
                   
Balance as of March 31, 2022   $ 729,600     $ 14,900     $ 523,500  
                         
Balance as of December 31, 2021     536,600       3,600       525,900  
                         
Increase (decrease)   $ 193,000     $ 11,300     $ (2,400 )