Accounts Receivable

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

ACCOUNTS RECEIVABLE

NOTE 4 – ACCOUNTS RECEIVABLE

At December 31, 2019 and 2018, accounts receivable consisted of the following:

	December 31, 2019			December 31, 2018
Accounts receivable	$	49,257		$	13,855,040
Less: allowance for doubtful accounts and impairment loss		(48,952	)		(9,527,060	)
Accounts receivable, net		305			4,327,980
Less: Accounts receivable, net – discontinued operations		-			(4,236,447	)
Accounts receivable, net – continuing operations	$	305		$	91,533

The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. For the years ended December 31, 2019 and 2018, bad debt expense amounted to $4,307,234 and $1,920,490 for discontinued operations, respectively. At December 31, 2019, the Company recognized a full impairment charge to property and equipment of discontinued operations.