v3.25.2
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
SCHEDULE OF ESTIMATED USEFUL LIVES

Furniture and fixtures 3 to 5 years

 

Equipment 5 to 10 years

SCHEDULE OF FAIR VALUE OF ASSETS AND LIABILITIES ACQUIRED

Fair value of non-controlling interests  $650,951 
Fair value of previously held equity investment   556,096 
Subtotal  $1,207,047 
Recognized value of 100% of identifiable net assets   (1,207,047)
Goodwill Recognized  $- 
Recognized amounts of identifiable assets acquired and liabilities assumed (preliminary):     
Inventories  $516,131 
Cash and cash equivalents   50,346 
Trade and other receivables   952,384 
Advanced deposit   672,597 
Net fixed assets   6,704 
Trade and other payables   (1,021,897)
Advanced payments   (5,317)
Salaries and wages payables   (4,692)
Other receivable   40,791 
Total identifiable net assets  $1,207,047 
SCHEDULE OF FINANCIAL DATA

   2025   2024 
   For the six months ended June 30, 
   2025   2024 
Net Sales          
Manufacturing and Engineering  $0   $9,341 
Heat Recovery Solutions   689,488    120,874 
NG Trading   7,130    1,219,629 
Waste to Energy   331,597    359,307 
Total Sales  $1,028,215   $1,709,151 
           
Segment income and reconciliation before tax          
Manufacturing and Engineering   0    7,806 
Heat Recovery Solutions   620,374    79,889 
LNG Trading   239    9,853 
Waste to Energy   331,597    331,487 
Total Segment income   952,210    429,035 
Less: operating expense   1,783,145    2,221,990 
Less: other income and expenses   (589,037)   (458,323)
Net (loss) before income tax  $(1,419,972)  $(2,251,278)

 

   June 30, 2025   December 31, 2024 
Total Assets          
Manufacturing and Engineering  $6,758,702   $2,464,125 
Heat Recovery Solutions   3,466,396    2,966,966 
Waste to Energy   1,979,832    1,648,324 
NG Trading   2,580,614    2,426,065 
Total Assets  $14,785,544   $9,505,480 
SCHEDULE OF REVENUE BY GEOGRAPHIC AREAS BASED ON SALES LOCATION OF OUR PRODUCTS

The following table represents revenue by geographic area based on the sales location of our products and solutions:

 

   2025   2024 
   For the six months ended June 30, 
   2025   2024 
United States   671,085    482,435 
China   7,130    1,219,629 
Other international   350,000    7,087 
Total Sales   1,028,215    1,709,151