Governmental Assistance Programs

3 Months Ended

Jun. 30, 2022

Government Assistance [Abstract]

Governmental Assistance Programs

NOTE 10 — GOVERNMENTAL ASSISTANCE PROGRAMS  

During the three month periods ended June 30, 2022 and June 30, 2021, the Company’s Hong Kong subsidiary recorded $22,000 and nil, respectively, under the governmental program called the Employment Support Scheme (“ESS”). The proceeds must be used for payroll expenses and the Company may be subject to government-appointed random reviews to verify the information submitted by the applicant. 

The income realized from the amount granted under the ESS program are presented as Other Income under the description called “Income from governmental assistance programs” in the Consolidated Statements of Operations.