Acquisition of Innoergy Limited (Details) |
9 Months Ended | ||
|---|---|---|---|
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Oct. 19, 2020
shares
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Dec. 31, 2020
USD ($)
$ / shares
shares
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Dec. 31, 2020
EUR (€)
shares
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| Business Combinations [Abstract] | |||
| Acquisition interest | 100.00% | ||
| Shareholders common shares (in Shares) | shares | 525,000 | ||
| Selling transaction | $ 32,500 | € 25,000 | |
| Sales volume shares (in Shares) | shares | 65,625 | 65,625 | |
| Working capital credit | $ 455,000 | € 350,000 | |
| Interest rate | 8.00% | ||
| Total purchase | $ 633,911 | ||
| Acquisition percentage | 75.00% | 75.00% | |
| Total purchase consideration shares (in Shares) | shares | 525,000 | 525,000 | |
| Estimated fair value | $ 577,500 | ||
| Estimated fair value, per share (in Dollars per share) | $ / shares | $ 1.10 | ||
| Preliminary cash | $ 146,503 | ||
| Working capital, net | 2,758 | ||
| Property and equipment | 540 | ||
| Loan payable | 64,981 | ||
| Goodwill | $ 549,091 | ||
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- Definition Estimated fair value. No definition available.
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- Definition Estimated fair value, per shares. No definition available.
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- Definition Preliminary Cash. No definition available.
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- Definition working capital, net. No definition available.
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- Definition Total number of shares of other common stock instruments held by shareholders, such as exchangeable shares. May be all or portion of the number of common shares authorized. No definition available.
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- Definition Amount before accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Rate of interest on investment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Including the current and noncurrent portions, aggregate carrying value as of the balance sheet date of loans payable (with maturities initially due after one year or beyond the operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The level of ownership or equity interest acquired in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after depreciation of long-lived, physical assets used to produce goods and services and not intended for resale, classified as other. No definition available.
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- Definition Expenses recognized in the period that are directly related to the selling and distribution of products or services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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