Employee Retention Tax Credit

3 Months Ended

Mar. 31, 2023

Employee Retention Tax Credit [Abstract]

EMPLOYEE RETENTION TAX CREDIT

12. EMPLOYEE RETENTION TAX CREDIT

Under the provisions of the extension of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) passed by the United States Congress and signed by the President, the Company was eligible for a refundable employee retention credit (the “ERTC”) subject to certain criteria. The Company’s subsidiary, Progressive Water Treatment applied for the ERTC and during the three months ended March 31, 2023, received an aggregate of $126,879 which was recognized in the financial statements as other income.