$nwcn 2022 Q2 10-Q

Concept	2022 Q2	2021 Q2
Revenue	$0.00	$0.00
YoY Change
Cost Of Revenue	$0.00	$0.00
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$119.6K	$71.48K
YoY Change	67.31%	28.22%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$11.55K	$50.00
YoY Change	23000.0%	-77.27%
% of Gross Profit
Operating Expenses	$119.6K	$71.48K
YoY Change	67.31%	28.22%
Operating Profit	-$119.6K	-$71.48K
YoY Change	67.31%	28.22%
Interest Expense	-$69.39K	$130.0K
YoY Change	-153.4%	0.15%
% of Operating Profit
Other Income/Expense, Net	$2.053K
YoY Change
Pretax Income	-$186.9K	-$201.4K
YoY Change	-7.2%	8.59%
Income Tax
% Of Pretax Income
Net Earnings	-$186.9K	-$201.4K
YoY Change	-7.2%	8.59%
Net Earnings / Revenue
Basic Earnings Per Share	-$0.01
Diluted Earnings Per Share	-$8.893K	-$22.96K
COMMON SHARES
Basic Shares Outstanding	21.02M shares	8.774M shares
Diluted Shares Outstanding	21.02M shares	8.774M shares

Concept	2022 Q2	2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.220K	$6.160K
YoY Change	-31.49%	9.61%
Cash & Equivalents	$4.222K	$6.163K
Short-Term Investments
Other Short-Term Assets	$15.39K	$100.0K
YoY Change	-84.61%	0.0%
Inventory
Prepaid Expenses	$15.39K	$100.0K
Receivables
Other Receivables
Total Short-Term Assets	$19.61K	$106.2K
YoY Change	-81.53%	0.51%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.113K	$496.00
YoY Change	527.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$56.29K	$496.00
YoY Change	11247.98%
TOTAL ASSETS
Total Short-Term Assets	$19.61K	$106.2K
Total Long-Term Assets	$56.29K	$496.00
Total Assets	$75.89K	$106.7K
YoY Change	-28.85%	0.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$4.659M
YoY Change		12.28%
Accrued Expenses	$2.272M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$1.121M	$2.973M
YoY Change	-62.28%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.494M	$7.632M
YoY Change	-54.22%	-37.04%
LONG-TERM LIABILITIES
Long-Term Debt	$2.782M	$645.0K
YoY Change	331.25%	0.0%
Other Long-Term Liabilities	$7.690K
YoY Change
Total Long-Term Liabilities	$2.789M	$645.0K
YoY Change	332.44%	0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.494M	$7.632M
Total Long-Term Liabilities	$2.789M	$645.0K
Total Liabilities	$6.283M	$8.277M
YoY Change	-24.09%	-35.17%
SHAREHOLDERS EQUITY
Retained Earnings	-$138.9M	-$134.1M
YoY Change	3.6%
Common Stock	$131.0M	$124.2M
YoY Change	5.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$6.207M	-$8.170M
YoY Change
Total Liabilities & Shareholders Equity	$75.89K	$106.7K
YoY Change	-28.85%	0.98%

Concept	2022 Q2	2021 Q2
OPERATING ACTIVITIES
Net Income	-$186.9K	-$201.4K
YoY Change	-7.2%	8.59%
Depreciation, Depletion And Amortization	$11.55K	$50.00
YoY Change	23000.0%	-77.27%
Cash From Operating Activities	-$64.37K	-$110.00
YoY Change	58418.18%	-99.49%
INVESTING ACTIVITIES
Capital Expenditures	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	67.06K	0.000
YoY Change		-100.0%
NET CHANGE
Cash From Operating Activities	-64.37K	-110.0
Cash From Investing Activities	0.000
Cash From Financing Activities	67.06K	0.000
Net Change In Cash	2.690K	-110.0
YoY Change	-2545.45%	1000.0%
FREE CASH FLOW
Cash From Operating Activities	-$64.37K	-$110.00
Capital Expenditures	$0.00
Free Cash Flow	-$64.37K
YoY Change

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q2	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
	nwcn	Settlement Of Short Term Loan By Conversion To Convertible Note SettlementOfShortTermLoanByConversionToConvertibleNote		usd
	nwcn	Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote		usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent		usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent		usd
CY2022Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent		usd
CY2022Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent		usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		usd
	nwcn	Stock Issued For Services StockIssuedForServices		usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets		usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability		usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2021Q4	nwcn	Convertible Promissory Note Due2027 Net ConvertiblePromissoryNoteDue2027Net		usd
	dei	Entity Central Index Key EntityCentralIndexKey	0000934796
	dei	Amendment Flag AmendmentFlag	false
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt		usd
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents		usd
	dei	Entity Central Index Key EntityCentralIndexKey	0000934796
	dei	Amendment Flag AmendmentFlag	false
CY2021Q2	us-gaap	Gross Profit GrossProfit		usd
	us-gaap	Gross Profit GrossProfit		usd
	us-gaap	Gross Profit GrossProfit		usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation		usd
CY2021Q2	us-gaap	Share Based Compensation ShareBasedCompensation		usd
	us-gaap	Share Based Compensation ShareBasedCompensation		usd
CY2021Q2	us-gaap	Interest And Other Income InterestAndOtherIncome		usd
	us-gaap	Interest And Other Income InterestAndOtherIncome		usd
CY2021Q2	nwcn	Government Grant GovernmentGrant		usd
	nwcn	Government Grant GovernmentGrant		usd
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense		usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense		usd
CY2021Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		usd
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax		usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax		usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax		usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax		usd
CY2021Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree		usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour		usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive		usd
	nwcn	Operating Cash Outflows From Operating Lease OperatingCashOutflowsFromOperatingLease		usd
CY2021Q2	nwcn	Incremental Common Shares Attributable To Dilutive Securities IncrementalCommonSharesAttributableToDilutiveSecurities		shares
	nwcn	Incremental Common Shares Attributable To Dilutive Securities IncrementalCommonSharesAttributableToDilutiveSecurities		shares
	nwcn	Incremental Common Shares Attributable To Dilutive Securities IncrementalCommonSharesAttributableToDilutiveSecurities		shares
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants		shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants		shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants		shares
CY2022Q2	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities		usd
CY2021Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities		usd
CY2022Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet		usd
CY2021Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-30264
	dei	Entity Registrant Name EntityRegistrantName	NETWORK CN INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	90-0370486
	dei	Entity Address Address Line1 EntityAddressAddressLine1	Unit 705B, 7th Floor
	dei	Entity Address Address Line2 EntityAddressAddressLine2	New East Ocean Centre
	dei	Entity Address Address Line3 EntityAddressAddressLine3	9 Science Museum Road
	dei	Entity Address City Or Town EntityAddressCityOrTown	TST
	dei	Entity Address Country EntityAddressCountry	HK
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	00000
	dei	City Area Code CityAreaCode	852
	dei	Local Phone Number LocalPhoneNumber	9625-0097
	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value
	dei	Trading Symbol TradingSymbol	NWCN
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	No
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	20749018	shares
CY2022Q2	us-gaap	Cash Cash	4222	usd
CY2021Q4	us-gaap	Cash Cash	21677	usd
CY2022Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	15385	usd
CY2021Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	19828	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	19607	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	41505	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3113	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2631	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	53173	usd
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	75522	usd
CY2022Q2	us-gaap	Assets Assets	75893	usd
CY2021Q4	us-gaap	Assets Assets	119658	usd
CY2022Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2326766	usd
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2597181	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	45487	usd
CY2022Q2	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities		usd
CY2021Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities		usd
CY2022Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet		usd
CY2021Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-30264
	dei	Entity Registrant Name EntityRegistrantName	NETWORK CN INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	90-0370486
	dei	Entity Address Address Line1 EntityAddressAddressLine1	Unit 705B, 7th Floor
	dei	Entity Address Address Line2 EntityAddressAddressLine2	New East Ocean Centre
	dei	Entity Address Address Line3 EntityAddressAddressLine3	9 Science Museum Road
	dei	Entity Address City Or Town EntityAddressCityOrTown	TST
	dei	Entity Address Country EntityAddressCountry	HK
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	00000
	dei	City Area Code CityAreaCode	852
	dei	Local Phone Number LocalPhoneNumber	9625-0097
	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value
	dei	Trading Symbol TradingSymbol	NWCN
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	No
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	20749018	shares
CY2022Q2	us-gaap	Cash Cash	4222	usd
CY2021Q4	us-gaap	Cash Cash	21677	usd
CY2022Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	15385	usd
CY2021Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	19828	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	19607	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	41505	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3113	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2631	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	53173	usd
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	75522	usd
CY2022Q2	us-gaap	Assets Assets	75893	usd
CY2021Q4	us-gaap	Assets Assets	119658	usd
CY2022Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2326766	usd
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2597181	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	45487	usd
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	44960	usd
CY2022Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	1121436	usd
CY2021Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	2973211	usd
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	44960	usd
CY2022Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	1121436	usd
CY2021Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	2973211	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	3493689	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	5615352	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	7685	usd
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	30561	usd
CY2022Q2	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	645000	usd
CY2021Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	645000	usd
CY2022Q2	nwcn	Convertible Promissory Note Due2027 Net ConvertiblePromissoryNoteDue2027Net	2136536	usd
CY2022Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2789221	usd
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	675561	usd
CY2022Q2	us-gaap	Liabilities Liabilities	6282910	usd
CY2021Q4	us-gaap	Liabilities Liabilities	6290913	usd
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000000	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20749018	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20749018	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8774263	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8774263	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	20749	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	20749	usd
CY2022Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	130983370	usd
CY2021Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	130559370	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-138915576	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-138455814	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1704440	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1704440	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-6207017	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-6171255	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	75893	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	119658	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	119586	usd
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	71477	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	285391	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	3493689	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	5615352	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	7685	usd
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	30561	usd
CY2022Q2	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	645000	usd
CY2021Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	645000	usd
CY2022Q2	nwcn	Convertible Promissory Note Due2027 Net ConvertiblePromissoryNoteDue2027Net	2136536	usd
CY2022Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	2789221	usd
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	675561	usd
CY2022Q2	us-gaap	Liabilities Liabilities	6282910	usd
CY2021Q4	us-gaap	Liabilities Liabilities	6290913	usd
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2022Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000000	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20749018	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20749018	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8774263	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8774263	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	20749	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	20749	usd
CY2022Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	130983370	usd
CY2021Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	130559370	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-138915576	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-138455814	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1704440	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1704440	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-6207017	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-6171255	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	75893	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	119658	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	119586	usd
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	71477	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	285391	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	137157	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	24000	usd
	dei	Entity Central Index Key EntityCentralIndexKey	0000934796
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-30264
	dei	Entity Registrant Name EntityRegistrantName	NETWORK CN INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	90-0370486
	dei	Entity Address Address Line1 EntityAddressAddressLine1	Unit 705B, 7th Floor
	dei	Entity Address Address Line2 EntityAddressAddressLine2	New East Ocean Centre
	dei	Entity Address Address Line3 EntityAddressAddressLine3	9 Science Museum Road
	dei	Entity Address City Or Town EntityAddressCityOrTown	TST
	dei	Entity Address Country EntityAddressCountry	HK
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	00000
	dei	City Area Code CityAreaCode	852
	dei	Local Phone Number LocalPhoneNumber	9625-0097
	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value
	dei	Trading Symbol TradingSymbol	NWCN
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	No
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	20749018	shares
CY2022Q2	us-gaap	Cash Cash	4222	usd
CY2021Q4	us-gaap	Cash Cash	21677	usd
CY2022Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	15385	usd
CY2021Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	19828	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	19607	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	41505	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3113	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2631	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	53173	usd
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	75522	usd
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CY2022Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2326766	usd
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2597181	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	45487	usd
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	44960	usd
CY2022Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	1121436	usd
CY2021Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	2973211	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	119586	usd
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	71477	usd
	us-gaap	Operating Expenses OperatingExpenses	309391	usd
	us-gaap	Operating Expenses OperatingExpenses	137157	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-119586	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-71477	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-309391	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-137157	usd
CY2022Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	2	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	2	usd
CY2022Q2	nwcn	Government Grant GovernmentGrant	-2051	usd
	nwcn	Government Grant GovernmentGrant	-2051	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2053	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2053	usd
CY2022Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	17751	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	36536	usd
CY2022Q2	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	51637	usd
CY2021Q2	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	129954	usd
	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	115888	usd
	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	259907	usd
CY2022Q2	us-gaap	Interest And Debt Expense InterestAndDebtExpense	69388	usd
CY2021Q2	us-gaap	Interest And Debt Expense InterestAndDebtExpense	129954	usd
	us-gaap	Interest And Debt Expense InterestAndDebtExpense	152424	usd
	us-gaap	Interest And Debt Expense InterestAndDebtExpense	259907	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-186921	usd
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-201431	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-459762	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-397064	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-186921	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-201431	usd
	us-gaap	Net Income Loss NetIncomeLoss	-459762	usd
	us-gaap	Net Income Loss NetIncomeLoss	-397064	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	205	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	188	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	205	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	188	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-186921	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-201226	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-459762	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-396876	usd
CY2022Q2	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.01
CY2021Q2	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.02
	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.02
	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.05
CY2022Q2	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	21018190	shares
CY2021Q2	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	8774263	shares
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	137157	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	24000	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	119586	usd
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	71477	usd
	us-gaap	Operating Expenses OperatingExpenses	309391	usd
	us-gaap	Operating Expenses OperatingExpenses	137157	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-119586	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-71477	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-309391	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-137157	usd
CY2022Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	2	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	2	usd
CY2022Q2	nwcn	Government Grant GovernmentGrant	-2051	usd
	nwcn	Government Grant GovernmentGrant	-2051	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2053	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2053	usd
CY2022Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	17751	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	36536	usd
CY2022Q2	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	51637	usd
CY2021Q2	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	129954	usd
	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	115888	usd
	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	259907	usd
CY2022Q2	us-gaap	Interest And Debt Expense InterestAndDebtExpense	69388	usd
CY2021Q2	us-gaap	Interest And Debt Expense InterestAndDebtExpense	129954	usd
	us-gaap	Interest And Debt Expense InterestAndDebtExpense	152424	usd
	us-gaap	Interest And Debt Expense InterestAndDebtExpense	259907	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-186921	usd
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-201431	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-459762	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-397064	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-186921	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-201431	usd
	us-gaap	Net Income Loss NetIncomeLoss	-459762	usd
	us-gaap	Net Income Loss NetIncomeLoss	-397064	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	205	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	188	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	205	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	188	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-186921	usd
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-201226	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-459762	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-396876	usd
CY2022Q2	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.01
CY2021Q2	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.02
	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.02
	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.05
	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	21018190	shares
	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	8774263	shares
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	-7773295	usd
CY2021Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-17	usd
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-195633	usd
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	-7968945	usd
CY2021Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	205	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-201431	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	-8170171	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-6171255	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	24000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature	400000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-272841	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-6020096	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-186921	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-6207017	usd
	us-gaap	Net Income Loss NetIncomeLoss	-459762	usd
	us-gaap	Net Income Loss NetIncomeLoss	-397064	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	22945	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	103	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	36536	usd
	nwcn	Stock Issued For Services StockIssuedForServices	-24000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-4443	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-22349	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	224585	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	396969	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-169602	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1078	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1078	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	153225	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	153225	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	188	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-17455	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	196	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	21677	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5967	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4222	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6163	usd
	nwcn	Settlement Of Short Term Loan By Conversion To Convertible Note SettlementOfShortTermLoanByConversionToConvertibleNote	2005000	usd
	nwcn	Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote	495000	usd
	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_806_eus-gaap--NatureOfOperations_z5gTpxDY4TGl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 1in"><b>NOTE 1.</b></td><td><b><span id="xdx_821_zNiaAmXb3Xjj">ORGANIZATION AND PRINCIPAL ACTIVITIES</span></b></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Network CN Inc. was originally incorporated on September 10, 1993 in Delaware with headquarters in the Hong Kong Special Administrative Region of the People’s Republic of China (“PRC” or “China”). Since August 2006, the Company has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED digital video panels, mega-size LED digital video billboards and light boxes in major cities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Details of the Company’s principal subsidiaries and variable interest entities as of June 30, 2022, are described in Note 3 – Subsidiaries and Variable Interest Entities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><b>COVID-19 Pandemic</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In December 2019, an outbreak of COVID-19 was identified in China and was subsequently recognized as a global pandemic by the World Health Organization (“WHO”) on March 11, 2020. Since that time, COVID-19 has spread around the world and throughout the United States, including in the regions and countries in which we operate. Federal, state and local governments in the U.S and around the world have imposed restrictions on travel and business operations and are advising or requiring individuals to limit or eliminate time outside of their homes. Temporary closures of businesses have also been ordered in certain jurisdictions, and other businesses have temporarily closed voluntarily. These actions expanded significantly in March and April of 2020 throughout the U.S. Consequently, the COVID-19 outbreak has severely restricted the level of economic activity in the U.S. and around the world.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The outbreak has resulted in authorities implementing numerous measures to try to contain the virus, such as quarantines and shelter in place orders. These measures may remain in place for a significant period of time and adversely affect our business, operations and financial condition as well as the business, operations and financial conditions of our business partners. The spread of the virus has also caused us to modify our business practices (including employee work locations and cancellation of physical participation in meetings) in ways that may be detrimental to our business (including working remotely and its attendant cybersecurity risks). We may take further actions as may be required by government authorities or that we determine are in the best interests of our employees. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus or otherwise be satisfactory to government authorities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">There has been no material adverse impact on the Company’s 2021 results of operations to date. The effect of COVID-19 and related events, those not yet known or knowable, could have a negative effect on the stock price, business prospects, financial condition, and results of operations of the Company, including as a result of quarantines, market volatility, market downturns and business closures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">For the reasons discussed above, the Company cannot reasonably estimate with any degree of certainty the future impact COVID-19 may have on the Company’s results of operations, financial position, and liquidity. Notwithstanding any actions by national, state, and local governments to mitigate the impact of COVID-19 or by the Company to address the adverse impacts of COVID-19, there can be no assurance that any of the foregoing activities will be successful in mitigating or preventing significant adverse effects on the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Recent development</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Issuance of Convertible Promissory Note</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On January 18, 2022, the Company entered into a Subscription Agreement under which the Subscriber agreed to purchase the 1% Senior Unsecured Convertible Note Agreement from the Company for an agreement purchase price of two million five hundred thousand US Dollars ($<span id="xdx_900_ecustom--AgreementPurchasePrice_c20220118__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember_pp0p0" title="Agreement purchase price">2,500,000</span>). On the same date, the Company signed the with 1% Senior Unsecured Convertible Note Agreement under which the Company may sell and issue to the Subscriber up to an aggregate maximum amount of $<span id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_c20220118__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember_pp0p0" title="Principal amount">2,500,000</span> in principal amount of Convertible Notes prior to January 19, 2027. The Convertible Promissory Notes issued to the Investor are convertible at the holder’s option into shares of Company common stock at $<span id="xdx_90E_eus-gaap--SharesIssuedPricePerShare_c20220118__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember_pdd" title="Shares issued price per share">1.25</span> per share.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Exercise of conversion option</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="background-color: white">On October 28, 2021, Keywin Holdings Limited (“Keywin”) exercised its option to purchase an aggregate of <span id="xdx_904_ecustom--AggregateSharesPurchase_c20211001__20211028__dei--LegalEntityAxis__custom--KeywinHoldingsLimitedMember_pdd" title="Aggregate shares purchase">11,764,756</span> shares of the Company’ common stock for an aggregate purchase price of $<span id="xdx_906_ecustom--AggregateSharesPurchasePrice_c20211001__20211028__dei--LegalEntityAxis__custom--KeywinHoldingsLimitedMember_pp0p0" title="Aggregate shares purchase price">2,000,000</span> </span>which for setting off against the Company’s obligation to repay part of the short-term loan interest payable, there was no cash proceeds from the exercise of Keywin option.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Private Placement</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="background-color: white">On May 3, 2021, the Company entered into Common Stock Agreement with the foreign investor (the "New investor") that the Company will sell an aggregate of <span id="xdx_90F_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20210501__20210503__us-gaap--TypeOfArrangementAxis__custom--CommonStockPurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of common stock sold">200,000</span> shares of the Company's common stock to the New investor. Pursuant to the terms of a Common Stock Agreement between the Company and the New investor, the purchase price paid by the New investor for the shares were $3 per share for an aggregate sum of six hundred thousand U.S. dollars. The Company received $<span id="xdx_908_ecustom--ProceedsFromInvestor_c20210501__20210503_pp0p0" title="Proceeds from investor">459,077</span> cash proceeds from the investor and $<span id="xdx_908_ecustom--ShortTermLoansInterestPayable_c20210501__20210503_pp0p0" title="Short term loans interest payable">140,923</span> was settled for the interest payable of short-term loans. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Increase of authorized capital</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On April 28, 2020, the Board of Directors and Majority of stockholders of the Company approved to increase the total number of authorized shares of Common Stock from <span id="xdx_905_eus-gaap--CommonStockSharesAuthorized_iI_c20200428_z3WpNWKfUYS5" title="Common stock, authorized">26,666,667</span> to <span id="xdx_90F_eus-gaap--CommonStockSharesAuthorized_iI_c20220630_zoY4l2b0tnP4" title="Common stock, authorized">100,000,000,000</span>. On October 11, 2021, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State to increase our authorized shares of common stock from 26,666,667 to 100,000,000,000 and the increase had approved by Delaware secretary of state on April 5, 2022</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Identification of New projects</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On January 14, 2020, the Company entered into a Letter of Intent with Earthasia Worldwide Holdings Limited (“EWHL”) that the Company will acquire <span id="xdx_90D_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20200114__us-gaap--BusinessAcquisitionAxis__custom--EarthasiaWorldwideHoldingsLimitedMember_zSPCGlVbgg15" title="Issued and outstanding stock owned (Percentage)">100</span>% of the EWHL’s issued and outstanding stock owned by the shareholders of the EWHL and the EWHL will become a wholly owned subsidiary of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On July 23, 2020, the Company entered into Share Exchange Agreement with Ease Global Limited (“Ease Global”), the shareholder of Trade More Global Limited (‘Trade More”) that the Company will purchase, <span id="xdx_907_eus-gaap--BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interests issued and issuable">One Thousand and One Hundred (1,100) currently issued shares of common stock of Trade More from Ease Global and in exchange for Forty-nine Million (49,000,000) shares of newly-issued shares of common stock of the Company.</span> The closing of the Exchange shall occur on other date as agreed by the parties of the Share Exchange Agreement. Upon <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableDescription_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interest issued, description">completion of the Exchange, 78% of issued shares of common stock of the Company shall be held by the Ease Global while all of the shares of capital stock of Trade More shall be held by the Company.</span> EWHL is a wholly owned subsidiary of Trade More.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The closing of Exchange was not completed on September 2, 2020 which was due to the progress of audit. Since Ease Global cannot fulfill the revenue target and complete the audit, the Company considered the Share Exchange Agreement was lapsed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Going Concern</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has experienced recurring net losses $<span id="xdx_908_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20220401__20220630_zqSHQUq2zkYd" title="Net loss">186,921</span> and $<span id="xdx_902_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20210401__20210630_zRHdxmYiM7xb" title="Net loss">201,431</span> for the three months ended June 30, 2022 and 2021 respectively, and $<span id="xdx_90B_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20220101__20220630_zFfXb2lXfJsg" title="Net loss">459,762</span> and $<span id="xdx_907_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20210101__20210630_zZ62dircL6ba" title="Net loss">397,064</span> for the six months ended June 30, 2022 and 2021 respectively. As of June 30, 2022, and December 31, 2021, the Company has stockholders’ deficit of $<span id="xdx_905_eus-gaap--StockholdersEquity_iNI_pp0p0_di_c20220630_zUe1uMeUDjjf" title="Stockholders' deficits">6,207,017</span> and $<span id="xdx_90D_eus-gaap--StockholdersEquity_iNI_pp0p0_di_c20211231_zQm4YXIn30yc" title="Stockholders' deficits">6,171,255</span>, respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The unaudited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In response to current financial conditions, the Company has actively explored new prominent media projects in order to provide a wider range of media and advertising services and improve our financial performance. If the project can start to operate, the Company expects that the project will improve the Company’s future financial performance. The Company expects that the new project can generate positive cashflow.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The existing cash and cash equivalents together with highly liquid current assets are insufficient to fund the Company’s operations for the next twelve months. The Company will need to rely upon some combination of cash generated from the Company’s operations, or proceeds from the issuance of the Company’s equity and debt securities as well as the exercise of the conversion option by the Company’s note holders to convert the notes to the Company’s common stock, in order to maintain the Company’s operations. Based on the Company’s best estimates, the Company believes that there are sufficient financial resources to meet the cash requirements for the coming twelve months and the consolidated financial statements have been prepared on a going concern basis. However, there can be no assurance the Company will be able to continue as a going concern. These uncertainties may result in adverse effects on continuation of the Company as a going concern. The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/>
CY2021Q2	nwcn	Proceeds From Investor ProceedsFromInvestor	459077	usd
CY2021Q2	nwcn	Short Term Loans Interest Payable ShortTermLoansInterestPayable	140923	usd
CY2020Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	26666667	shares
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000000	shares
CY2022Q2	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	21018190	shares
CY2021Q2	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	8774263	shares
	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	21018190	shares
	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	8774263	shares
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	-7773295	usd
CY2021Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-17	usd
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-195633	usd
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	-7968945	usd
CY2021Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	205	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-201431	usd
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	-8170171	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-6171255	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	24000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature	400000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-272841	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-6020096	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-186921	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-6207017	usd
	us-gaap	Net Income Loss NetIncomeLoss	-459762	usd
	us-gaap	Net Income Loss NetIncomeLoss	-397064	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	22945	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	103	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	36536	usd
	nwcn	Stock Issued For Services StockIssuedForServices	-24000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-4443	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-22349	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	224585	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	396969	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-169602	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1078	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1078	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	153225	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	153225	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	188	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-17455	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	196	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	21677	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5967	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4222	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6163	usd
	nwcn	Settlement Of Short Term Loan By Conversion To Convertible Note SettlementOfShortTermLoanByConversionToConvertibleNote	2005000	usd
	nwcn	Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote	495000	usd
	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_806_eus-gaap--NatureOfOperations_z5gTpxDY4TGl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 1in"><b>NOTE 1.</b></td><td><b><span id="xdx_821_zNiaAmXb3Xjj">ORGANIZATION AND PRINCIPAL ACTIVITIES</span></b></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Network CN Inc. was originally incorporated on September 10, 1993 in Delaware with headquarters in the Hong Kong Special Administrative Region of the People’s Republic of China (“PRC” or “China”). Since August 2006, the Company has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED digital video panels, mega-size LED digital video billboards and light boxes in major cities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Details of the Company’s principal subsidiaries and variable interest entities as of June 30, 2022, are described in Note 3 – Subsidiaries and Variable Interest Entities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><b>COVID-19 Pandemic</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">In December 2019, an outbreak of COVID-19 was identified in China and was subsequently recognized as a global pandemic by the World Health Organization (“WHO”) on March 11, 2020. Since that time, COVID-19 has spread around the world and throughout the United States, including in the regions and countries in which we operate. Federal, state and local governments in the U.S and around the world have imposed restrictions on travel and business operations and are advising or requiring individuals to limit or eliminate time outside of their homes. Temporary closures of businesses have also been ordered in certain jurisdictions, and other businesses have temporarily closed voluntarily. These actions expanded significantly in March and April of 2020 throughout the U.S. Consequently, the COVID-19 outbreak has severely restricted the level of economic activity in the U.S. and around the world.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The outbreak has resulted in authorities implementing numerous measures to try to contain the virus, such as quarantines and shelter in place orders. These measures may remain in place for a significant period of time and adversely affect our business, operations and financial condition as well as the business, operations and financial conditions of our business partners. The spread of the virus has also caused us to modify our business practices (including employee work locations and cancellation of physical participation in meetings) in ways that may be detrimental to our business (including working remotely and its attendant cybersecurity risks). We may take further actions as may be required by government authorities or that we determine are in the best interests of our employees. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus or otherwise be satisfactory to government authorities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">There has been no material adverse impact on the Company’s 2021 results of operations to date. The effect of COVID-19 and related events, those not yet known or knowable, could have a negative effect on the stock price, business prospects, financial condition, and results of operations of the Company, including as a result of quarantines, market volatility, market downturns and business closures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">For the reasons discussed above, the Company cannot reasonably estimate with any degree of certainty the future impact COVID-19 may have on the Company’s results of operations, financial position, and liquidity. Notwithstanding any actions by national, state, and local governments to mitigate the impact of COVID-19 or by the Company to address the adverse impacts of COVID-19, there can be no assurance that any of the foregoing activities will be successful in mitigating or preventing significant adverse effects on the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Recent development</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Issuance of Convertible Promissory Note</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On January 18, 2022, the Company entered into a Subscription Agreement under which the Subscriber agreed to purchase the 1% Senior Unsecured Convertible Note Agreement from the Company for an agreement purchase price of two million five hundred thousand US Dollars ($<span id="xdx_900_ecustom--AgreementPurchasePrice_c20220118__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember_pp0p0" title="Agreement purchase price">2,500,000</span>). On the same date, the Company signed the with 1% Senior Unsecured Convertible Note Agreement under which the Company may sell and issue to the Subscriber up to an aggregate maximum amount of $<span id="xdx_90E_eus-gaap--DebtInstrumentFaceAmount_c20220118__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember_pp0p0" title="Principal amount">2,500,000</span> in principal amount of Convertible Notes prior to January 19, 2027. The Convertible Promissory Notes issued to the Investor are convertible at the holder’s option into shares of Company common stock at $<span id="xdx_90E_eus-gaap--SharesIssuedPricePerShare_c20220118__us-gaap--TypeOfArrangementAxis__custom--SubscriptionAgreementMember_pdd" title="Shares issued price per share">1.25</span> per share.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Exercise of conversion option</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="background-color: white">On October 28, 2021, Keywin Holdings Limited (“Keywin”) exercised its option to purchase an aggregate of <span id="xdx_904_ecustom--AggregateSharesPurchase_c20211001__20211028__dei--LegalEntityAxis__custom--KeywinHoldingsLimitedMember_pdd" title="Aggregate shares purchase">11,764,756</span> shares of the Company’ common stock for an aggregate purchase price of $<span id="xdx_906_ecustom--AggregateSharesPurchasePrice_c20211001__20211028__dei--LegalEntityAxis__custom--KeywinHoldingsLimitedMember_pp0p0" title="Aggregate shares purchase price">2,000,000</span> </span>which for setting off against the Company’s obligation to repay part of the short-term loan interest payable, there was no cash proceeds from the exercise of Keywin option.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Private Placement</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="background-color: white">On May 3, 2021, the Company entered into Common Stock Agreement with the foreign investor (the "New investor") that the Company will sell an aggregate of <span id="xdx_90F_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20210501__20210503__us-gaap--TypeOfArrangementAxis__custom--CommonStockPurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of common stock sold">200,000</span> shares of the Company's common stock to the New investor. Pursuant to the terms of a Common Stock Agreement between the Company and the New investor, the purchase price paid by the New investor for the shares were $3 per share for an aggregate sum of six hundred thousand U.S. dollars. The Company received $<span id="xdx_908_ecustom--ProceedsFromInvestor_c20210501__20210503_pp0p0" title="Proceeds from investor">459,077</span> cash proceeds from the investor and $<span id="xdx_908_ecustom--ShortTermLoansInterestPayable_c20210501__20210503_pp0p0" title="Short term loans interest payable">140,923</span> was settled for the interest payable of short-term loans. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Increase of authorized capital</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On April 28, 2020, the Board of Directors and Majority of stockholders of the Company approved to increase the total number of authorized shares of Common Stock from <span id="xdx_905_eus-gaap--CommonStockSharesAuthorized_iI_c20200428_z3WpNWKfUYS5" title="Common stock, authorized">26,666,667</span> to <span id="xdx_90F_eus-gaap--CommonStockSharesAuthorized_iI_c20220630_zoY4l2b0tnP4" title="Common stock, authorized">100,000,000,000</span>. On October 11, 2021, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State to increase our authorized shares of common stock from 26,666,667 to 100,000,000,000 and the increase had approved by Delaware secretary of state on April 5, 2022</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><b>Identification of New projects</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On January 14, 2020, the Company entered into a Letter of Intent with Earthasia Worldwide Holdings Limited (“EWHL”) that the Company will acquire <span id="xdx_90D_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20200114__us-gaap--BusinessAcquisitionAxis__custom--EarthasiaWorldwideHoldingsLimitedMember_zSPCGlVbgg15" title="Issued and outstanding stock owned (Percentage)">100</span>% of the EWHL’s issued and outstanding stock owned by the shareholders of the EWHL and the EWHL will become a wholly owned subsidiary of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On July 23, 2020, the Company entered into Share Exchange Agreement with Ease Global Limited (“Ease Global”), the shareholder of Trade More Global Limited (‘Trade More”) that the Company will purchase, <span id="xdx_907_eus-gaap--BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interests issued and issuable">One Thousand and One Hundred (1,100) currently issued shares of common stock of Trade More from Ease Global and in exchange for Forty-nine Million (49,000,000) shares of newly-issued shares of common stock of the Company.</span> The closing of the Exchange shall occur on other date as agreed by the parties of the Share Exchange Agreement. Upon <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableDescription_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interest issued, description">completion of the Exchange, 78% of issued shares of common stock of the Company shall be held by the Ease Global while all of the shares of capital stock of Trade More shall be held by the Company.</span> EWHL is a wholly owned subsidiary of Trade More.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The closing of Exchange was not completed on September 2, 2020 which was due to the progress of audit. Since Ease Global cannot fulfill the revenue target and complete the audit, the Company considered the Share Exchange Agreement was lapsed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Going Concern</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has experienced recurring net losses $<span id="xdx_908_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20220401__20220630_zqSHQUq2zkYd" title="Net loss">186,921</span> and $<span id="xdx_902_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20210401__20210630_zRHdxmYiM7xb" title="Net loss">201,431</span> for the three months ended June 30, 2022 and 2021 respectively, and $<span id="xdx_90B_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20220101__20220630_zFfXb2lXfJsg" title="Net loss">459,762</span> and $<span id="xdx_907_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20210101__20210630_zZ62dircL6ba" title="Net loss">397,064</span> for the six months ended June 30, 2022 and 2021 respectively. As of June 30, 2022, and December 31, 2021, the Company has stockholders’ deficit of $<span id="xdx_905_eus-gaap--StockholdersEquity_iNI_pp0p0_di_c20220630_zUe1uMeUDjjf" title="Stockholders' deficits">6,207,017</span> and $<span id="xdx_90D_eus-gaap--StockholdersEquity_iNI_pp0p0_di_c20211231_zQm4YXIn30yc" title="Stockholders' deficits">6,171,255</span>, respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The unaudited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In response to current financial conditions, the Company has actively explored new prominent media projects in order to provide a wider range of media and advertising services and improve our financial performance. If the project can start to operate, the Company expects that the project will improve the Company’s future financial performance. The Company expects that the new project can generate positive cashflow.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The existing cash and cash equivalents together with highly liquid current assets are insufficient to fund the Company’s operations for the next twelve months. The Company will need to rely upon some combination of cash generated from the Company’s operations, or proceeds from the issuance of the Company’s equity and debt securities as well as the exercise of the conversion option by the Company’s note holders to convert the notes to the Company’s common stock, in order to maintain the Company’s operations. Based on the Company’s best estimates, the Company believes that there are sufficient financial resources to meet the cash requirements for the coming twelve months and the consolidated financial statements have been prepared on a going concern basis. However, there can be no assurance the Company will be able to continue as a going concern. These uncertainties may result in adverse effects on continuation of the Company as a going concern. The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/>
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NETWORK CN INC.

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General And Administrative Expense

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Entity Central Index Key

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EntityFileNumber

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NETWORK CN INC.

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EntityAddressCountry

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EntityAddressPostalZipCode

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City Area Code

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Local Phone Number

LocalPhoneNumber

9625-0097

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Security12b Title

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Common Stock, $0.001 par value

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Trading Symbol

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NWCN

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Entity Current Reporting Status

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Government Grant

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CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

CY2022Q2

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

51637

usd

CY2021Q2

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

129954

usd

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

115888

usd

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

259907

usd

CY2022Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

69388

usd

CY2021Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

129954

usd

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

152424

usd

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

259907

usd

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

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CY2021Q2

us-gaap

Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax

OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax

205

usd

us-gaap

Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax

OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax

188

usd

CY2021Q2

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

205

usd

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

188

usd

CY2022Q2

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-186921

usd

CY2021Q2

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-201226

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-459762

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-396876

usd

CY2022Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.05

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

CY2020Q4

us-gaap

Stockholders Equity

StockholdersEquity

-7773295

usd

CY2021Q1

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

-17

usd

CY2021Q1

us-gaap

Profit Loss

ProfitLoss

-195633

usd

CY2021Q1

us-gaap

Stockholders Equity

StockholdersEquity

-7968945

usd

CY2021Q2

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

205

usd

CY2021Q2

us-gaap

Profit Loss

ProfitLoss

-201431

usd

CY2021Q2

us-gaap

Stockholders Equity

StockholdersEquity

-8170171

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

24000

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature

AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature

400000

usd

CY2022Q1

us-gaap

Profit Loss

ProfitLoss

-272841

usd

CY2022Q1

us-gaap

Stockholders Equity

StockholdersEquity

-6020096

usd

CY2022Q2

us-gaap

Profit Loss

ProfitLoss

-186921

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

22945

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

103

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

nwcn

Stock Issued For Services

StockIssuedForServices

-24000

usd

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

-4443

usd

us-gaap

Increase Decrease In Operating Lease Liability

IncreaseDecreaseInOperatingLeaseLiability

-22349

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

224585

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

396969

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

-169602

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

8

usd

us-gaap

Payments To Acquire Property Plant And Equipment

PaymentsToAcquirePropertyPlantAndEquipment

1078

usd

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-1078

usd

us-gaap

Proceeds From Short Term Debt

ProceedsFromShortTermDebt

153225

usd

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

153225

usd

us-gaap

Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

188

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-17455

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

196

usd

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

21677

usd

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

5967

usd

CY2022Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

4222

usd

CY2021Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

6163

usd

nwcn

Settlement Of Short Term Loan By Conversion To Convertible Note

SettlementOfShortTermLoanByConversionToConvertibleNote

2005000

usd

nwcn

Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note

SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote

495000

usd

us-gaap

Nature Of Operations

NatureOfOperations

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 1in">NOTE 1.</td><td>ORGANIZATION AND PRINCIPAL ACTIVITIES</td></tr> </table> Network CN Inc. was originally incorporated on September 10, 1993 in Delaware with headquarters in the Hong Kong Special Administrative Region of the People’s Republic of China (“PRC” or “China”). Since August 2006, the Company has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED digital video panels, mega-size LED digital video billboards and light boxes in major cities. Details of the Company’s principal subsidiaries and variable interest entities as of June 30, 2022, are described in Note 3 – Subsidiaries and Variable Interest Entities. COVID-19 Pandemic In December 2019, an outbreak of COVID-19 was identified in China and was subsequently recognized as a global pandemic by the World Health Organization (“WHO”) on March 11, 2020. Since that time, COVID-19 has spread around the world and throughout the United States, including in the regions and countries in which we operate. Federal, state and local governments in the U.S and around the world have imposed restrictions on travel and business operations and are advising or requiring individuals to limit or eliminate time outside of their homes. Temporary closures of businesses have also been ordered in certain jurisdictions, and other businesses have temporarily closed voluntarily. These actions expanded significantly in March and April of 2020 throughout the U.S. Consequently, the COVID-19 outbreak has severely restricted the level of economic activity in the U.S. and around the world. The outbreak has resulted in authorities implementing numerous measures to try to contain the virus, such as quarantines and shelter in place orders. These measures may remain in place for a significant period of time and adversely affect our business, operations and financial condition as well as the business, operations and financial conditions of our business partners. The spread of the virus has also caused us to modify our business practices (including employee work locations and cancellation of physical participation in meetings) in ways that may be detrimental to our business (including working remotely and its attendant cybersecurity risks). We may take further actions as may be required by government authorities or that we determine are in the best interests of our employees. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus or otherwise be satisfactory to government authorities. There has been no material adverse impact on the Company’s 2021 results of operations to date. The effect of COVID-19 and related events, those not yet known or knowable, could have a negative effect on the stock price, business prospects, financial condition, and results of operations of the Company, including as a result of quarantines, market volatility, market downturns and business closures. For the reasons discussed above, the Company cannot reasonably estimate with any degree of certainty the future impact COVID-19 may have on the Company’s results of operations, financial position, and liquidity. Notwithstanding any actions by national, state, and local governments to mitigate the impact of COVID-19 or by the Company to address the adverse impacts of COVID-19, there can be no assurance that any of the foregoing activities will be successful in mitigating or preventing significant adverse effects on the Company. Recent development Issuance of Convertible Promissory Note On January 18, 2022, the Company entered into a Subscription Agreement under which the Subscriber agreed to purchase the 1% Senior Unsecured Convertible Note Agreement from the Company for an agreement purchase price of two million five hundred thousand US Dollars ($2,500,000). On the same date, the Company signed the with 1% Senior Unsecured Convertible Note Agreement under which the Company may sell and issue to the Subscriber up to an aggregate maximum amount of $2,500,000 in principal amount of Convertible Notes prior to January 19, 2027. The Convertible Promissory Notes issued to the Investor are convertible at the holder’s option into shares of Company common stock at $1.25 per share. Exercise of conversion option On October 28, 2021, Keywin Holdings Limited (“Keywin”) exercised its option to purchase an aggregate of 11,764,756 shares of the Company’ common stock for an aggregate purchase price of $2,000,000 which for setting off against the Company’s obligation to repay part of the short-term loan interest payable, there was no cash proceeds from the exercise of Keywin option. Private Placement On May 3, 2021, the Company entered into Common Stock Agreement with the foreign investor (the "New investor") that the Company will sell an aggregate of <span id="xdx_90F_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20210501__20210503__us-gaap--TypeOfArrangementAxis__custom--CommonStockPurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of common stock sold">200,000 shares of the Company's common stock to the New investor. Pursuant to the terms of a Common Stock Agreement between the Company and the New investor, the purchase price paid by the New investor for the shares were $3 per share for an aggregate sum of six hundred thousand U.S. dollars. The Company received $459,077 cash proceeds from the investor and $140,923 was settled for the interest payable of short-term loans. Increase of authorized capital On April 28, 2020, the Board of Directors and Majority of stockholders of the Company approved to increase the total number of authorized shares of Common Stock from 26,666,667 to 100,000,000,000. On October 11, 2021, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State to increase our authorized shares of common stock from 26,666,667 to 100,000,000,000 and the increase had approved by Delaware secretary of state on April 5, 2022 Identification of New projects On January 14, 2020, the Company entered into a Letter of Intent with Earthasia Worldwide Holdings Limited (“EWHL”) that the Company will acquire <span id="xdx_90D_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20200114__us-gaap--BusinessAcquisitionAxis__custom--EarthasiaWorldwideHoldingsLimitedMember_zSPCGlVbgg15" title="Issued and outstanding stock owned (Percentage)">100% of the EWHL’s issued and outstanding stock owned by the shareholders of the EWHL and the EWHL will become a wholly owned subsidiary of the Company. On July 23, 2020, the Company entered into Share Exchange Agreement with Ease Global Limited (“Ease Global”), the shareholder of Trade More Global Limited (‘Trade More”) that the Company will purchase, <span id="xdx_907_eus-gaap--BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interests issued and issuable">One Thousand and One Hundred (1,100) currently issued shares of common stock of Trade More from Ease Global and in exchange for Forty-nine Million (49,000,000) shares of newly-issued shares of common stock of the Company. The closing of the Exchange shall occur on other date as agreed by the parties of the Share Exchange Agreement. Upon <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableDescription_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interest issued, description">completion of the Exchange, 78% of issued shares of common stock of the Company shall be held by the Ease Global while all of the shares of capital stock of Trade More shall be held by the Company. EWHL is a wholly owned subsidiary of Trade More. The closing of Exchange was not completed on September 2, 2020 which was due to the progress of audit. Since Ease Global cannot fulfill the revenue target and complete the audit, the Company considered the Share Exchange Agreement was lapsed. Going Concern The Company has experienced recurring net losses $186,921 and $201,431 for the three months ended June 30, 2022 and 2021 respectively, and $459,762 and $397,064 for the six months ended June 30, 2022 and 2021 respectively. As of June 30, 2022, and December 31, 2021, the Company has stockholders’ deficit of $6,207,017 and $6,171,255, respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The unaudited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. In response to current financial conditions, the Company has actively explored new prominent media projects in order to provide a wider range of media and advertising services and improve our financial performance. If the project can start to operate, the Company expects that the project will improve the Company’s future financial performance. The Company expects that the new project can generate positive cashflow. The existing cash and cash equivalents together with highly liquid current assets are insufficient to fund the Company’s operations for the next twelve months. The Company will need to rely upon some combination of cash generated from the Company’s operations, or proceeds from the issuance of the Company’s equity and debt securities as well as the exercise of the conversion option by the Company’s note holders to convert the notes to the Company’s common stock, in order to maintain the Company’s operations. Based on the Company’s best estimates, the Company believes that there are sufficient financial resources to meet the cash requirements for the coming twelve months and the consolidated financial statements have been prepared on a going concern basis. However, there can be no assurance the Company will be able to continue as a going concern. These uncertainties may result in adverse effects on continuation of the Company as a going concern. The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.

CY2021Q2

nwcn

Proceeds From Investor

ProceedsFromInvestor

459077

usd

CY2021Q2

nwcn

Short Term Loans Interest Payable

ShortTermLoansInterestPayable

140923

usd

CY2020Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

26666667

shares

CY2022Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2022Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

CY2021Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

CY2020Q4

us-gaap

Stockholders Equity

StockholdersEquity

-7773295

usd

CY2021Q1

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

-17

usd

CY2021Q1

us-gaap

Profit Loss

ProfitLoss

-195633

usd

CY2021Q1

us-gaap

Stockholders Equity

StockholdersEquity

-7968945

usd

CY2021Q2

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

205

usd

CY2021Q2

us-gaap

Profit Loss

ProfitLoss

-201431

usd

CY2021Q2

us-gaap

Stockholders Equity

StockholdersEquity

-8170171

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

24000

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature

AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature

400000

usd

CY2022Q1

us-gaap

Profit Loss

ProfitLoss

-272841

usd

CY2022Q1

us-gaap

Stockholders Equity

StockholdersEquity

-6020096

usd

CY2022Q2

us-gaap

Profit Loss

ProfitLoss

-186921

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

22945

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

103

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

nwcn

Stock Issued For Services

StockIssuedForServices

-24000

usd

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

-4443

usd

us-gaap

Increase Decrease In Operating Lease Liability

IncreaseDecreaseInOperatingLeaseLiability

-22349

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

224585

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

396969

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

-169602

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

8

usd

us-gaap

Payments To Acquire Property Plant And Equipment

PaymentsToAcquirePropertyPlantAndEquipment

1078

usd

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-1078

usd

us-gaap

Proceeds From Short Term Debt

ProceedsFromShortTermDebt

153225

usd

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

153225

usd

us-gaap

Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

188

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-17455

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

196

usd

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

21677

usd

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

5967

usd

CY2022Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

4222

usd

CY2021Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

6163

usd

nwcn

Settlement Of Short Term Loan By Conversion To Convertible Note

SettlementOfShortTermLoanByConversionToConvertibleNote

2005000

usd

nwcn

Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note

SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote

495000

usd

us-gaap

Nature Of Operations

NatureOfOperations

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 1in">NOTE 1.</td><td>ORGANIZATION AND PRINCIPAL ACTIVITIES</td></tr> </table> Network CN Inc. was originally incorporated on September 10, 1993 in Delaware with headquarters in the Hong Kong Special Administrative Region of the People’s Republic of China (“PRC” or “China”). Since August 2006, the Company has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED digital video panels, mega-size LED digital video billboards and light boxes in major cities. Details of the Company’s principal subsidiaries and variable interest entities as of June 30, 2022, are described in Note 3 – Subsidiaries and Variable Interest Entities. COVID-19 Pandemic In December 2019, an outbreak of COVID-19 was identified in China and was subsequently recognized as a global pandemic by the World Health Organization (“WHO”) on March 11, 2020. Since that time, COVID-19 has spread around the world and throughout the United States, including in the regions and countries in which we operate. Federal, state and local governments in the U.S and around the world have imposed restrictions on travel and business operations and are advising or requiring individuals to limit or eliminate time outside of their homes. Temporary closures of businesses have also been ordered in certain jurisdictions, and other businesses have temporarily closed voluntarily. These actions expanded significantly in March and April of 2020 throughout the U.S. Consequently, the COVID-19 outbreak has severely restricted the level of economic activity in the U.S. and around the world. The outbreak has resulted in authorities implementing numerous measures to try to contain the virus, such as quarantines and shelter in place orders. These measures may remain in place for a significant period of time and adversely affect our business, operations and financial condition as well as the business, operations and financial conditions of our business partners. The spread of the virus has also caused us to modify our business practices (including employee work locations and cancellation of physical participation in meetings) in ways that may be detrimental to our business (including working remotely and its attendant cybersecurity risks). We may take further actions as may be required by government authorities or that we determine are in the best interests of our employees. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus or otherwise be satisfactory to government authorities. There has been no material adverse impact on the Company’s 2021 results of operations to date. The effect of COVID-19 and related events, those not yet known or knowable, could have a negative effect on the stock price, business prospects, financial condition, and results of operations of the Company, including as a result of quarantines, market volatility, market downturns and business closures. For the reasons discussed above, the Company cannot reasonably estimate with any degree of certainty the future impact COVID-19 may have on the Company’s results of operations, financial position, and liquidity. Notwithstanding any actions by national, state, and local governments to mitigate the impact of COVID-19 or by the Company to address the adverse impacts of COVID-19, there can be no assurance that any of the foregoing activities will be successful in mitigating or preventing significant adverse effects on the Company. Recent development Issuance of Convertible Promissory Note On January 18, 2022, the Company entered into a Subscription Agreement under which the Subscriber agreed to purchase the 1% Senior Unsecured Convertible Note Agreement from the Company for an agreement purchase price of two million five hundred thousand US Dollars ($2,500,000). On the same date, the Company signed the with 1% Senior Unsecured Convertible Note Agreement under which the Company may sell and issue to the Subscriber up to an aggregate maximum amount of $2,500,000 in principal amount of Convertible Notes prior to January 19, 2027. The Convertible Promissory Notes issued to the Investor are convertible at the holder’s option into shares of Company common stock at $1.25 per share. Exercise of conversion option On October 28, 2021, Keywin Holdings Limited (“Keywin”) exercised its option to purchase an aggregate of 11,764,756 shares of the Company’ common stock for an aggregate purchase price of $2,000,000 which for setting off against the Company’s obligation to repay part of the short-term loan interest payable, there was no cash proceeds from the exercise of Keywin option. Private Placement On May 3, 2021, the Company entered into Common Stock Agreement with the foreign investor (the "New investor") that the Company will sell an aggregate of <span id="xdx_90F_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20210501__20210503__us-gaap--TypeOfArrangementAxis__custom--CommonStockPurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of common stock sold">200,000 shares of the Company's common stock to the New investor. Pursuant to the terms of a Common Stock Agreement between the Company and the New investor, the purchase price paid by the New investor for the shares were $3 per share for an aggregate sum of six hundred thousand U.S. dollars. The Company received $459,077 cash proceeds from the investor and $140,923 was settled for the interest payable of short-term loans. Increase of authorized capital On April 28, 2020, the Board of Directors and Majority of stockholders of the Company approved to increase the total number of authorized shares of Common Stock from 26,666,667 to 100,000,000,000. On October 11, 2021, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State to increase our authorized shares of common stock from 26,666,667 to 100,000,000,000 and the increase had approved by Delaware secretary of state on April 5, 2022 Identification of New projects On January 14, 2020, the Company entered into a Letter of Intent with Earthasia Worldwide Holdings Limited (“EWHL”) that the Company will acquire <span id="xdx_90D_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20200114__us-gaap--BusinessAcquisitionAxis__custom--EarthasiaWorldwideHoldingsLimitedMember_zSPCGlVbgg15" title="Issued and outstanding stock owned (Percentage)">100% of the EWHL’s issued and outstanding stock owned by the shareholders of the EWHL and the EWHL will become a wholly owned subsidiary of the Company. On July 23, 2020, the Company entered into Share Exchange Agreement with Ease Global Limited (“Ease Global”), the shareholder of Trade More Global Limited (‘Trade More”) that the Company will purchase, <span id="xdx_907_eus-gaap--BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interests issued and issuable">One Thousand and One Hundred (1,100) currently issued shares of common stock of Trade More from Ease Global and in exchange for Forty-nine Million (49,000,000) shares of newly-issued shares of common stock of the Company. The closing of the Exchange shall occur on other date as agreed by the parties of the Share Exchange Agreement. Upon <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableDescription_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interest issued, description">completion of the Exchange, 78% of issued shares of common stock of the Company shall be held by the Ease Global while all of the shares of capital stock of Trade More shall be held by the Company. EWHL is a wholly owned subsidiary of Trade More. The closing of Exchange was not completed on September 2, 2020 which was due to the progress of audit. Since Ease Global cannot fulfill the revenue target and complete the audit, the Company considered the Share Exchange Agreement was lapsed. Going Concern The Company has experienced recurring net losses $186,921 and $201,431 for the three months ended June 30, 2022 and 2021 respectively, and $459,762 and $397,064 for the six months ended June 30, 2022 and 2021 respectively. As of June 30, 2022, and December 31, 2021, the Company has stockholders’ deficit of $6,207,017 and $6,171,255, respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The unaudited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. In response to current financial conditions, the Company has actively explored new prominent media projects in order to provide a wider range of media and advertising services and improve our financial performance. If the project can start to operate, the Company expects that the project will improve the Company’s future financial performance. The Company expects that the new project can generate positive cashflow. The existing cash and cash equivalents together with highly liquid current assets are insufficient to fund the Company’s operations for the next twelve months. The Company will need to rely upon some combination of cash generated from the Company’s operations, or proceeds from the issuance of the Company’s equity and debt securities as well as the exercise of the conversion option by the Company’s note holders to convert the notes to the Company’s common stock, in order to maintain the Company’s operations. Based on the Company’s best estimates, the Company believes that there are sufficient financial resources to meet the cash requirements for the coming twelve months and the consolidated financial statements have been prepared on a going concern basis. However, there can be no assurance the Company will be able to continue as a going concern. These uncertainties may result in adverse effects on continuation of the Company as a going concern. The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.

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ComprehensiveIncomeNetOfTax

-201226

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-459762

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-396876

usd

CY2022Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.05

CY2022Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

CY2021Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

CY2020Q4

us-gaap

Stockholders Equity

StockholdersEquity

-7773295

usd

CY2021Q1

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

-17

usd

CY2021Q1

us-gaap

Profit Loss

ProfitLoss

-195633

usd

CY2021Q1

us-gaap

Stockholders Equity

StockholdersEquity

-7968945

usd

CY2021Q2

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

205

usd

CY2021Q2

us-gaap

Profit Loss

ProfitLoss

-201431

usd

CY2021Q2

us-gaap

Stockholders Equity

StockholdersEquity

-8170171

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

24000

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature

AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature

400000

usd

CY2022Q1

us-gaap

Profit Loss

ProfitLoss

-272841

usd

CY2022Q1

us-gaap

Stockholders Equity

StockholdersEquity

-6020096

usd

CY2022Q2

us-gaap

Profit Loss

ProfitLoss

-186921

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

dei

Document Type

DocumentType

10-Q

dei

Document Quarterly Report

DocumentQuarterlyReport

true

dei

Document Period End Date

DocumentPeriodEndDate

2022-06-30

dei

Document Transition Report

DocumentTransitionReport

false

dei

Entity File Number

EntityFileNumber

000-30264

dei

Entity Registrant Name

EntityRegistrantName

NETWORK CN INC.

dei

Entity Incorporation State Country Code

EntityIncorporationStateCountryCode

DE

dei

Entity Tax Identification Number

EntityTaxIdentificationNumber

90-0370486

dei

Entity Address Address Line1

EntityAddressAddressLine1

Unit 705B, 7th Floor

dei

Entity Address Address Line2

EntityAddressAddressLine2

New East Ocean Centre

dei

Entity Address Address Line3

EntityAddressAddressLine3

9 Science Museum Road

dei

Entity Address City Or Town

EntityAddressCityOrTown

TST

dei

Entity Address Country

EntityAddressCountry

HK

dei

Entity Address Postal Zip Code

EntityAddressPostalZipCode

00000

dei

City Area Code

CityAreaCode

852

dei

Local Phone Number

LocalPhoneNumber

9625-0097

dei

Security12b Title

Security12bTitle

Common Stock, $0.001 par value

dei

Trading Symbol

TradingSymbol

NWCN

dei

Entity Current Reporting Status

EntityCurrentReportingStatus

No

dei

Entity Interactive Data Current

EntityInteractiveDataCurrent

Yes

dei

Entity Filer Category

EntityFilerCategory

Non-accelerated Filer

dei

Entity Small Business

EntitySmallBusiness

true

dei

Entity Emerging Growth Company

EntityEmergingGrowthCompany

false

dei

Entity Shell Company

EntityShellCompany

false

CY2022Q4

dei

Entity Common Stock Shares Outstanding

EntityCommonStockSharesOutstanding

20749018

shares

CY2022Q2

us-gaap

Cash

4222

usd

CY2021Q4

us-gaap

Cash

21677

usd

CY2022Q2

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

19828

usd

CY2022Q2

us-gaap

Assets Current

AssetsCurrent

19607

usd

CY2021Q4

us-gaap

Assets Current

AssetsCurrent

41505

usd

CY2022Q2

us-gaap

Property Plant And Equipment Net

PropertyPlantAndEquipmentNet

3113

usd

CY2021Q4

us-gaap

Property Plant And Equipment Net

PropertyPlantAndEquipmentNet

2631

usd

CY2022Q2

us-gaap

Operating Lease Right Of Use Asset

OperatingLeaseRightOfUseAsset

53173

usd

CY2021Q4

us-gaap

Operating Lease Right Of Use Asset

OperatingLeaseRightOfUseAsset

75522

usd

CY2022Q2

us-gaap

Assets

75893

usd

CY2021Q4

us-gaap

Assets

119658

usd

CY2022Q2

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2326766

usd

CY2021Q4

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2597181

usd

CY2022Q2

us-gaap

Operating Lease Liability Current

OperatingLeaseLiabilityCurrent

45487

usd

CY2021Q4

us-gaap

Operating Lease Liability Current

OperatingLeaseLiabilityCurrent

44960

usd

CY2022Q2

us-gaap

Short Term Borrowings

ShortTermBorrowings

1121436

usd

CY2021Q4

us-gaap

Short Term Borrowings

ShortTermBorrowings

2973211

usd

CY2022Q2

us-gaap

Liabilities Current

LiabilitiesCurrent

3493689

usd

CY2021Q4

us-gaap

Liabilities Current

LiabilitiesCurrent

5615352

usd

CY2022Q2

us-gaap

Operating Lease Liability Noncurrent

OperatingLeaseLiabilityNoncurrent

7685

usd

dei

Entity Registrant Name

EntityRegistrantName

NETWORK CN INC.

dei

Entity Incorporation State Country Code

EntityIncorporationStateCountryCode

DE

dei

Entity Tax Identification Number

EntityTaxIdentificationNumber

90-0370486

dei

Entity Address Address Line1

EntityAddressAddressLine1

Unit 705B, 7th Floor

dei

Entity Address Address Line2

EntityAddressAddressLine2

New East Ocean Centre

dei

Entity Address Address Line3

EntityAddressAddressLine3

9 Science Museum Road

dei

Entity Address City Or Town

EntityAddressCityOrTown

TST

CY2022Q2

us-gaap

Short Term Borrowings

ShortTermBorrowings

1121436

usd

CY2021Q4

us-gaap

Short Term Borrowings

ShortTermBorrowings

2973211

usd

CY2022Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

51637

usd

CY2021Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

115888

usd

dei

Entity Central Index Key

EntityCentralIndexKey

0000934796

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

129954

usd

dei

Amendment Flag

AmendmentFlag

false

dei

Current Fiscal Year End Date

CurrentFiscalYearEndDate

--12-31

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

259907

usd

dei

Document Fiscal Year Focus

DocumentFiscalYearFocus

2022

dei

Document Fiscal Period Focus

DocumentFiscalPeriodFocus

Q2

CY2021Q4

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

645000

usd

us-gaap

Proceeds From Issuance Of Debt

ProceedsFromIssuanceOfDebt

2500000

usd

nwcn

Allocated Intrinsic Value Of Beneficial Conversion Feature

AllocatedIntrinsicValueOfBeneficialConversionFeature

-400000

usd

us-gaap

Amortization Of Financing Costs And Discounts

AmortizationOfFinancingCostsAndDiscounts

36536

usd

CY2022Q2

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

2781536

usd

CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

CY2022Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

7841

usd

CY2021Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

1625

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

14363

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

3252

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

11538

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

15385

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Next Twelve Months

LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths

23077

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Year Two

LesseeOperatingLeaseLiabilityPaymentsDueYearTwo

30769

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Undiscounted Excess Amount

LesseeOperatingLeaseLiabilityUndiscountedExcessAmount

53846

usd

CY2022Q2

nwcn

Les Imputed Interest

LesImputedInterest

-674

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due

LesseeOperatingLeaseLiabilityPaymentsDue

53172

usd

CY2022Q2

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y1M28D

CY2021Q4

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y8M26D

CY2022Q2

us-gaap

Operating Lease Weighted Average Discount Rate Percent

OperatingLeaseWeightedAverageDiscountRatePercent

0.0233

pure

nwcn

Operating Cash Outflows From Operating Lease

OperatingCashOutflowsFromOperatingLease

22349

usd

CY2021Q4

us-gaap

Operating Lease Liability Noncurrent

OperatingLeaseLiabilityNoncurrent

30561

usd

CY2022Q2

us-gaap

Convertible Long Term Notes Payable

ConvertibleLongTermNotesPayable

645000

usd

dei

Entity Address Postal Zip Code

EntityAddressPostalZipCode

00000

dei

City Area Code

CityAreaCode

852

dei

Local Phone Number

LocalPhoneNumber

9625-0097

dei

Security12b Title

Security12bTitle

Common Stock, $0.001 par value

dei

Trading Symbol

TradingSymbol

NWCN

dei

Entity Current Reporting Status

EntityCurrentReportingStatus

No

dei

Entity Interactive Data Current

EntityInteractiveDataCurrent

Yes

dei

Entity Filer Category

EntityFilerCategory

Non-accelerated Filer

dei

Entity Small Business

EntitySmallBusiness

true

dei

Entity Emerging Growth Company

EntityEmergingGrowthCompany

false

dei

Entity Shell Company

EntityShellCompany

false

CY2022Q4

dei

Entity Common Stock Shares Outstanding

EntityCommonStockSharesOutstanding

20749018

shares

CY2022Q2

us-gaap

Cash

4222

usd

CY2021Q4

us-gaap

Cash

21677

usd

CY2022Q2

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

19828

usd

CY2022Q2

us-gaap

Assets Current

AssetsCurrent

19607

usd

CY2021Q4

us-gaap

Assets Current

AssetsCurrent

41505

usd

CY2022Q2

us-gaap

Property Plant And Equipment Net

PropertyPlantAndEquipmentNet

3113

usd

CY2021Q4

us-gaap

Property Plant And Equipment Net

PropertyPlantAndEquipmentNet

2631

usd

CY2022Q2

us-gaap

Operating Lease Right Of Use Asset

OperatingLeaseRightOfUseAsset

53173

usd

CY2021Q4

us-gaap

Operating Lease Right Of Use Asset

OperatingLeaseRightOfUseAsset

75522

usd

CY2022Q2

us-gaap

Assets

75893

usd

CY2021Q4

us-gaap

Assets

119658

usd

CY2022Q2

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2326766

usd

CY2021Q4

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2597181

usd

CY2022Q2

us-gaap

Operating Lease Liability Current

OperatingLeaseLiabilityCurrent

45487

usd

CY2021Q4

us-gaap

Operating Lease Liability Current

OperatingLeaseLiabilityCurrent

44960

usd

CY2022Q2

us-gaap

Short Term Borrowings

ShortTermBorrowings

1121436

usd

CY2021Q4

us-gaap

Short Term Borrowings

ShortTermBorrowings

2973211

usd

CY2022Q2

us-gaap

Liabilities Current

LiabilitiesCurrent

3493689

usd

CY2021Q4

us-gaap

Liabilities Current

LiabilitiesCurrent

5615352

usd

CY2022Q2

us-gaap

Operating Lease Liability Noncurrent

OperatingLeaseLiabilityNoncurrent

7685

usd

CY2021Q4

us-gaap

Operating Lease Liability Noncurrent

OperatingLeaseLiabilityNoncurrent

30561

usd

CY2022Q2

us-gaap

Convertible Long Term Notes Payable

ConvertibleLongTermNotesPayable

645000

usd

CY2021Q4

us-gaap

Convertible Long Term Notes Payable

ConvertibleLongTermNotesPayable

645000

usd

CY2022Q2

nwcn

Convertible Promissory Note Due2027 Net

ConvertiblePromissoryNoteDue2027Net

2136536

usd

CY2022Q2

us-gaap

Liabilities Noncurrent

LiabilitiesNoncurrent

2789221

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

11538

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

15385

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Next Twelve Months

LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths

23077

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Year Two

LesseeOperatingLeaseLiabilityPaymentsDueYearTwo

30769

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Undiscounted Excess Amount

LesseeOperatingLeaseLiabilityUndiscountedExcessAmount

53846

usd

CY2022Q2

nwcn

Les Imputed Interest

LesImputedInterest

-674

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due

LesseeOperatingLeaseLiabilityPaymentsDue

53172

usd

CY2022Q2

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y1M28D

CY2021Q4

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y8M26D

CY2022Q2

us-gaap

Operating Lease Weighted Average Discount Rate Percent

OperatingLeaseWeightedAverageDiscountRatePercent

0.0233

pure

nwcn

Operating Cash Outflows From Operating Lease

OperatingCashOutflowsFromOperatingLease

22349

usd

CY2021Q4

nwcn

Shares Granted Of Common Stock

SharesGrantedOfCommonStock

132172

shares

nwcn

Noncash Stockbased Compensation

NoncashStockbasedCompensation

24000

usd

CY2022Q2

us-gaap

Short Term Debt Percentage Bearing Fixed Interest Rate

ShortTermDebtPercentageBearingFixedInterestRate

0.015

pure

CY2022Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

43475

usd

CY2021Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

128025

usd

dei

Document Type

DocumentType

10-Q

dei

Document Quarterly Report

DocumentQuarterlyReport

true

dei

Document Period End Date

DocumentPeriodEndDate

2022-06-30

dei

Document Transition Report

DocumentTransitionReport

false

dei

Entity File Number

EntityFileNumber

000-30264

dei

Entity Registrant Name

EntityRegistrantName

NETWORK CN INC.

dei

Entity Incorporation State Country Code

EntityIncorporationStateCountryCode

DE

dei

Entity Tax Identification Number

EntityTaxIdentificationNumber

90-0370486

dei

Entity Address Address Line1

EntityAddressAddressLine1

Unit 705B, 7th Floor

dei

Entity Address Address Line2

EntityAddressAddressLine2

New East Ocean Centre

dei

Entity Address Address Line3

EntityAddressAddressLine3

9 Science Museum Road

dei

Entity Address City Or Town

EntityAddressCityOrTown

TST

dei

Entity Address Country

EntityAddressCountry

HK

dei

Entity Address Postal Zip Code

EntityAddressPostalZipCode

00000

dei

City Area Code

CityAreaCode

852

dei

Local Phone Number

LocalPhoneNumber

9625-0097

dei

Security12b Title

Security12bTitle

Common Stock, $0.001 par value

dei

Trading Symbol

TradingSymbol

NWCN

dei

Entity Current Reporting Status

EntityCurrentReportingStatus

No

dei

Entity Interactive Data Current

EntityInteractiveDataCurrent

Yes

dei

Entity Filer Category

EntityFilerCategory

Non-accelerated Filer

dei

Entity Small Business

EntitySmallBusiness

true

dei

Entity Emerging Growth Company

EntityEmergingGrowthCompany

false

dei

Entity Shell Company

EntityShellCompany

false

CY2022Q4

dei

Entity Common Stock Shares Outstanding

EntityCommonStockSharesOutstanding

20749018

shares

CY2022Q2

us-gaap

Cash

4222

usd

CY2021Q4

us-gaap

Cash

21677

usd

CY2022Q2

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

19828

usd

CY2022Q2

us-gaap

Assets Current

AssetsCurrent

19607

usd

CY2021Q4

us-gaap

Assets Current

AssetsCurrent

41505

usd

CY2022Q2

us-gaap

Property Plant And Equipment Net

PropertyPlantAndEquipmentNet

3113

usd

CY2021Q4

us-gaap

Property Plant And Equipment Net

PropertyPlantAndEquipmentNet

2631

usd

CY2022Q2

us-gaap

Operating Lease Right Of Use Asset

OperatingLeaseRightOfUseAsset

53173

usd

CY2021Q4

us-gaap

Operating Lease Right Of Use Asset

OperatingLeaseRightOfUseAsset

75522

usd

CY2022Q2

us-gaap

Assets

75893

usd

CY2021Q4

us-gaap

Assets

119658

usd

CY2022Q2

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2326766

usd

CY2021Q4

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2597181

usd

CY2022Q2

us-gaap

Operating Lease Liability Current

OperatingLeaseLiabilityCurrent

45487

usd

CY2021Q4

us-gaap

Operating Lease Liability Current

OperatingLeaseLiabilityCurrent

44960

usd

CY2022Q2

us-gaap

Short Term Borrowings

ShortTermBorrowings

1121436

usd

CY2021Q4

us-gaap

Short Term Borrowings

ShortTermBorrowings

2973211

usd

CY2022Q2

us-gaap

Liabilities Current

LiabilitiesCurrent

3493689

usd

CY2021Q4

us-gaap

Liabilities Current

LiabilitiesCurrent

5615352

usd

CY2022Q2

us-gaap

Operating Lease Liability Noncurrent

OperatingLeaseLiabilityNoncurrent

7685

usd

CY2021Q4

nwcn

Shares Granted Of Common Stock

SharesGrantedOfCommonStock

132172

shares

nwcn

Noncash Stockbased Compensation

NoncashStockbasedCompensation

24000

usd

CY2022Q2

us-gaap

Short Term Debt Percentage Bearing Fixed Interest Rate

ShortTermDebtPercentageBearingFixedInterestRate

0.015

pure

CY2022Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

43475

usd

CY2021Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

128025

usd

us-gaap

Debt Conversion Original Debt Amount1

DebtConversionOriginalDebtAmount1

2500000

usd

CY2009Q3

nwcn

Description Of Exercise Period Under Agreement

DescriptionOfExercisePeriodUnderAgreement

Company and Keywin, of which the Company’s chief executive officer and director is the director and his spouse is the sole shareholder, entered into an Amendment, pursuant to which the Company agreed to extend the exercise period for the Keywin Option under the Note Exchange and Option Agreement between the Company and Keywin, to purchase an aggregate of 1,637,522 shares of our common stock for an aggregate purchase price of $2,000,000, from a three-month period ended on July 1, 2009, to a six-month period ended October 1, 2009. The exercise period for the Keywin option was subsequently further extended to a nine-month period ended January 1, 2010, pursuant to the Second Amendment. On January 1, 2010, the Company and Keywin entered into the third Amendment, pursuant to which the Company agreed to further extend the exercise period to an eighteen-month period ended on October 1, 2010, and provide the Company with the right to unilaterally terminate the exercise period upon 30 days’ written notice. On September 30, 2010, the exercise price was extended at various times from September 1, 2010 to December 31, 2017 and the Keywin Option was further extended to a hundred and twenty-nine-month period ending on January 1, 2020 and the exercise price changed to $0.99.

CY2021Q4

nwcn

Aggregate Shares Purchase

AggregateSharesPurchase

11764756

shares

CY2021Q4

nwcn

Aggregate Shares Purchase Price

AggregateSharesPurchasePrice

2000000

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

CY2021Q4

us-gaap

Convertible Long Term Notes Payable

ConvertibleLongTermNotesPayable

645000

usd

CY2022Q2

nwcn

Convertible Promissory Note Due2027 Net

ConvertiblePromissoryNoteDue2027Net

2136536

usd

CY2022Q2

us-gaap

Liabilities Noncurrent

LiabilitiesNoncurrent

2789221

usd

CY2021Q4

us-gaap

Liabilities Noncurrent

LiabilitiesNoncurrent

675561

usd

CY2022Q2

us-gaap

Liabilities

6282910

usd

CY2021Q4

us-gaap

Liabilities

6290913

usd

CY2022Q2

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2021Q4

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2022Q2

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

5000000

shares

CY2021Q4

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

5000000

shares

CY2022Q2

us-gaap

Preferred Stock Shares Issued

PreferredStockSharesIssued

0

shares

CY2022Q2

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

0

shares

CY2021Q4

us-gaap

Preferred Stock Shares Issued

PreferredStockSharesIssued

0

shares

CY2021Q4

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

0

shares

CY2022Q2

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2021Q4

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2022Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2021Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2022Q2

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

20749018

shares

CY2022Q2

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

20749018

shares

CY2021Q4

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

8774263

shares

CY2021Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

8774263

shares

CY2022Q2

us-gaap

Common Stock Value

CommonStockValue

20749

usd

CY2021Q4

us-gaap

Common Stock Value

CommonStockValue

20749

usd

CY2022Q2

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

130983370

usd

CY2021Q4

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

130559370

usd

CY2022Q2

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-138915576

usd

CY2021Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-138455814

usd

CY2022Q2

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

1704440

usd

CY2021Q4

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

1704440

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q2

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

75893

usd

CY2021Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

119658

usd

CY2022Q2

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

119586

usd

CY2021Q2

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

71477

usd

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

285391

usd

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

137157

usd

us-gaap

Share Based Compensation

ShareBasedCompensation

24000

usd

CY2022Q2

us-gaap

Operating Expenses

OperatingExpenses

119586

usd

CY2021Q2

us-gaap

Operating Expenses

OperatingExpenses

71477

usd

us-gaap

Operating Expenses

OperatingExpenses

309391

usd

us-gaap

Operating Expenses

OperatingExpenses

137157

usd

CY2022Q2

us-gaap

Operating Income Loss

OperatingIncomeLoss

-119586

usd

CY2021Q2

us-gaap

Operating Income Loss

OperatingIncomeLoss

-71477

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

22945

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

103

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

nwcn

Stock Issued For Services

StockIssuedForServices

-24000

usd

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

-4443

usd

us-gaap

Increase Decrease In Operating Lease Liability

IncreaseDecreaseInOperatingLeaseLiability

-22349

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

224585

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

396969

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

-169602

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

8

usd

us-gaap

Payments To Acquire Property Plant And Equipment

PaymentsToAcquirePropertyPlantAndEquipment

1078

usd

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-1078

usd

us-gaap

Proceeds From Short Term Debt

ProceedsFromShortTermDebt

153225

usd

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

153225

usd

us-gaap

Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

188

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-17455

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

196

usd

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

21677

usd

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

5967

usd

CY2022Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

4222

usd

CY2021Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

6163

usd

nwcn

Settlement Of Short Term Loan By Conversion To Convertible Note

SettlementOfShortTermLoanByConversionToConvertibleNote

2005000

usd

nwcn

Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note

SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote

495000

usd

us-gaap

Nature Of Operations

NatureOfOperations

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 1in">NOTE 1.</td><td>ORGANIZATION AND PRINCIPAL ACTIVITIES</td></tr> </table> Network CN Inc. was originally incorporated on September 10, 1993 in Delaware with headquarters in the Hong Kong Special Administrative Region of the People’s Republic of China (“PRC” or “China”). Since August 2006, the Company has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED digital video panels, mega-size LED digital video billboards and light boxes in major cities. Details of the Company’s principal subsidiaries and variable interest entities as of June 30, 2022, are described in Note 3 – Subsidiaries and Variable Interest Entities. COVID-19 Pandemic In December 2019, an outbreak of COVID-19 was identified in China and was subsequently recognized as a global pandemic by the World Health Organization (“WHO”) on March 11, 2020. Since that time, COVID-19 has spread around the world and throughout the United States, including in the regions and countries in which we operate. Federal, state and local governments in the U.S and around the world have imposed restrictions on travel and business operations and are advising or requiring individuals to limit or eliminate time outside of their homes. Temporary closures of businesses have also been ordered in certain jurisdictions, and other businesses have temporarily closed voluntarily. These actions expanded significantly in March and April of 2020 throughout the U.S. Consequently, the COVID-19 outbreak has severely restricted the level of economic activity in the U.S. and around the world. The outbreak has resulted in authorities implementing numerous measures to try to contain the virus, such as quarantines and shelter in place orders. These measures may remain in place for a significant period of time and adversely affect our business, operations and financial condition as well as the business, operations and financial conditions of our business partners. The spread of the virus has also caused us to modify our business practices (including employee work locations and cancellation of physical participation in meetings) in ways that may be detrimental to our business (including working remotely and its attendant cybersecurity risks). We may take further actions as may be required by government authorities or that we determine are in the best interests of our employees. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus or otherwise be satisfactory to government authorities. There has been no material adverse impact on the Company’s 2021 results of operations to date. The effect of COVID-19 and related events, those not yet known or knowable, could have a negative effect on the stock price, business prospects, financial condition, and results of operations of the Company, including as a result of quarantines, market volatility, market downturns and business closures. For the reasons discussed above, the Company cannot reasonably estimate with any degree of certainty the future impact COVID-19 may have on the Company’s results of operations, financial position, and liquidity. Notwithstanding any actions by national, state, and local governments to mitigate the impact of COVID-19 or by the Company to address the adverse impacts of COVID-19, there can be no assurance that any of the foregoing activities will be successful in mitigating or preventing significant adverse effects on the Company. Recent development Issuance of Convertible Promissory Note On January 18, 2022, the Company entered into a Subscription Agreement under which the Subscriber agreed to purchase the 1% Senior Unsecured Convertible Note Agreement from the Company for an agreement purchase price of two million five hundred thousand US Dollars ($2,500,000). On the same date, the Company signed the with 1% Senior Unsecured Convertible Note Agreement under which the Company may sell and issue to the Subscriber up to an aggregate maximum amount of $2,500,000 in principal amount of Convertible Notes prior to January 19, 2027. The Convertible Promissory Notes issued to the Investor are convertible at the holder’s option into shares of Company common stock at $1.25 per share. Exercise of conversion option On October 28, 2021, Keywin Holdings Limited (“Keywin”) exercised its option to purchase an aggregate of 11,764,756 shares of the Company’ common stock for an aggregate purchase price of $2,000,000 which for setting off against the Company’s obligation to repay part of the short-term loan interest payable, there was no cash proceeds from the exercise of Keywin option. Private Placement On May 3, 2021, the Company entered into Common Stock Agreement with the foreign investor (the "New investor") that the Company will sell an aggregate of <span id="xdx_90F_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20210501__20210503__us-gaap--TypeOfArrangementAxis__custom--CommonStockPurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of common stock sold">200,000 shares of the Company's common stock to the New investor. Pursuant to the terms of a Common Stock Agreement between the Company and the New investor, the purchase price paid by the New investor for the shares were $3 per share for an aggregate sum of six hundred thousand U.S. dollars. The Company received $459,077 cash proceeds from the investor and $140,923 was settled for the interest payable of short-term loans. Increase of authorized capital On April 28, 2020, the Board of Directors and Majority of stockholders of the Company approved to increase the total number of authorized shares of Common Stock from 26,666,667 to 100,000,000,000. On October 11, 2021, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State to increase our authorized shares of common stock from 26,666,667 to 100,000,000,000 and the increase had approved by Delaware secretary of state on April 5, 2022 Identification of New projects On January 14, 2020, the Company entered into a Letter of Intent with Earthasia Worldwide Holdings Limited (“EWHL”) that the Company will acquire <span id="xdx_90D_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20200114__us-gaap--BusinessAcquisitionAxis__custom--EarthasiaWorldwideHoldingsLimitedMember_zSPCGlVbgg15" title="Issued and outstanding stock owned (Percentage)">100% of the EWHL’s issued and outstanding stock owned by the shareholders of the EWHL and the EWHL will become a wholly owned subsidiary of the Company. On July 23, 2020, the Company entered into Share Exchange Agreement with Ease Global Limited (“Ease Global”), the shareholder of Trade More Global Limited (‘Trade More”) that the Company will purchase, <span id="xdx_907_eus-gaap--BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interests issued and issuable">One Thousand and One Hundred (1,100) currently issued shares of common stock of Trade More from Ease Global and in exchange for Forty-nine Million (49,000,000) shares of newly-issued shares of common stock of the Company. The closing of the Exchange shall occur on other date as agreed by the parties of the Share Exchange Agreement. Upon <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableDescription_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interest issued, description">completion of the Exchange, 78% of issued shares of common stock of the Company shall be held by the Ease Global while all of the shares of capital stock of Trade More shall be held by the Company. EWHL is a wholly owned subsidiary of Trade More. The closing of Exchange was not completed on September 2, 2020 which was due to the progress of audit. Since Ease Global cannot fulfill the revenue target and complete the audit, the Company considered the Share Exchange Agreement was lapsed. Going Concern The Company has experienced recurring net losses $186,921 and $201,431 for the three months ended June 30, 2022 and 2021 respectively, and $459,762 and $397,064 for the six months ended June 30, 2022 and 2021 respectively. As of June 30, 2022, and December 31, 2021, the Company has stockholders’ deficit of $6,207,017 and $6,171,255, respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The unaudited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. In response to current financial conditions, the Company has actively explored new prominent media projects in order to provide a wider range of media and advertising services and improve our financial performance. If the project can start to operate, the Company expects that the project will improve the Company’s future financial performance. The Company expects that the new project can generate positive cashflow. The existing cash and cash equivalents together with highly liquid current assets are insufficient to fund the Company’s operations for the next twelve months. The Company will need to rely upon some combination of cash generated from the Company’s operations, or proceeds from the issuance of the Company’s equity and debt securities as well as the exercise of the conversion option by the Company’s note holders to convert the notes to the Company’s common stock, in order to maintain the Company’s operations. Based on the Company’s best estimates, the Company believes that there are sufficient financial resources to meet the cash requirements for the coming twelve months and the consolidated financial statements have been prepared on a going concern basis. However, there can be no assurance the Company will be able to continue as a going concern. These uncertainties may result in adverse effects on continuation of the Company as a going concern. The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.

CY2021Q2

nwcn

Proceeds From Investor

ProceedsFromInvestor

459077

usd

CY2021Q2

nwcn

Short Term Loans Interest Payable

ShortTermLoansInterestPayable

140923

usd

CY2020Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

26666667

shares

CY2022Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

us-gaap

Debt Conversion Original Debt Amount1

DebtConversionOriginalDebtAmount1

2500000

usd

CY2021Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

CY2022Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.05

CY2009Q3

nwcn

Description Of Exercise Period Under Agreement

DescriptionOfExercisePeriodUnderAgreement

Company and Keywin, of which the Company’s chief executive officer and director is the director and his spouse is the sole shareholder, entered into an Amendment, pursuant to which the Company agreed to extend the exercise period for the Keywin Option under the Note Exchange and Option Agreement between the Company and Keywin, to purchase an aggregate of 1,637,522 shares of our common stock for an aggregate purchase price of $2,000,000, from a three-month period ended on July 1, 2009, to a six-month period ended October 1, 2009. The exercise period for the Keywin option was subsequently further extended to a nine-month period ended January 1, 2010, pursuant to the Second Amendment. On January 1, 2010, the Company and Keywin entered into the third Amendment, pursuant to which the Company agreed to further extend the exercise period to an eighteen-month period ended on October 1, 2010, and provide the Company with the right to unilaterally terminate the exercise period upon 30 days’ written notice. On September 30, 2010, the exercise price was extended at various times from September 1, 2010 to December 31, 2017 and the Keywin Option was further extended to a hundred and twenty-nine-month period ending on January 1, 2020 and the exercise price changed to $0.99.

CY2021Q4

nwcn

Aggregate Shares Purchase

AggregateSharesPurchase

11764756

shares

CY2021Q4

nwcn

Aggregate Shares Purchase Price

AggregateSharesPurchasePrice

2000000

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

CY2022Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

CY2022Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.05

CY2021Q4

us-gaap

Liabilities Noncurrent

LiabilitiesNoncurrent

675561

usd

CY2022Q2

us-gaap

Liabilities

6282910

usd

CY2021Q4

us-gaap

Liabilities

6290913

usd

CY2022Q2

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2021Q4

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2021Q4

us-gaap

Operating Lease Liability Noncurrent

OperatingLeaseLiabilityNoncurrent

30561

usd

CY2022Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

us-gaap

Tax Credit Carryforward Description

TaxCreditCarryforwardDescription

Under Hong Kong tax laws, deferred tax assets are recognized for tax loss carried forward to the extent that the realization of the related tax benefit through future taxable profits is probable. These tax losses do not expire under current Hong Kong tax legislation. Under PRC tax laws, tax losses may be carried forward for 5 years and no carry-back is allowed. At June 30, 2022, the Company does not have available tax losses in the Hong Kong and PRC to utilize for future taxable profits.

CY2022Q2

us-gaap

Operating Loss Carryforwards

OperatingLossCarryforwards

16447000

usd

CY2022Q2

us-gaap

Operating Loss Carryforwards Valuation Allowance

OperatingLossCarryforwardsValuationAllowance

3453871

usd

nwcn

Operating Loss Carryforwards Expiration Year

OperatingLossCarryforwardsExpirationYear

expire on various from 2024 through 2037

CY2022Q2

nwcn

Operating Loss Carried Forward2024 To2028

OperatingLossCarriedForward2024To2028

2279147

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2029 To2033

OperatingLossCarriedForward2029To2033

892375

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2034 To2037

OperatingLossCarriedForward2034To2037

217937

usd

CY2022Q2

nwcn

Operating Loss Carried Forward Indefinitely

OperatingLossCarriedForwardIndefinitely

135335

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2022Q2

us-gaap

Convertible Long Term Notes Payable

ConvertibleLongTermNotesPayable

645000

usd

CY2021Q4

us-gaap

Convertible Long Term Notes Payable

ConvertibleLongTermNotesPayable

645000

usd

CY2022Q2

nwcn

Convertible Promissory Note Due2027 Net

ConvertiblePromissoryNoteDue2027Net

2136536

usd

CY2022Q2

us-gaap

Liabilities Noncurrent

LiabilitiesNoncurrent

2789221

usd

CY2021Q4

us-gaap

Liabilities Noncurrent

LiabilitiesNoncurrent

675561

usd

CY2022Q2

us-gaap

Liabilities

6282910

usd

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

us-gaap

Tax Credit Carryforward Description

TaxCreditCarryforwardDescription

Under Hong Kong tax laws, deferred tax assets are recognized for tax loss carried forward to the extent that the realization of the related tax benefit through future taxable profits is probable. These tax losses do not expire under current Hong Kong tax legislation. Under PRC tax laws, tax losses may be carried forward for 5 years and no carry-back is allowed. At June 30, 2022, the Company does not have available tax losses in the Hong Kong and PRC to utilize for future taxable profits.

CY2022Q2

us-gaap

Operating Loss Carryforwards

OperatingLossCarryforwards

16447000

usd

CY2022Q2

us-gaap

Operating Loss Carryforwards Valuation Allowance

OperatingLossCarryforwardsValuationAllowance

3453871

usd

nwcn

Operating Loss Carryforwards Expiration Year

OperatingLossCarryforwardsExpirationYear

expire on various from 2024 through 2037

CY2022Q2

nwcn

Operating Loss Carried Forward2024 To2028

OperatingLossCarriedForward2024To2028

2279147

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2029 To2033

OperatingLossCarriedForward2029To2033

892375

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2034 To2037

OperatingLossCarriedForward2034To2037

217937

usd

CY2022Q2

nwcn

Operating Loss Carried Forward Indefinitely

OperatingLossCarriedForwardIndefinitely

135335

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3496482

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

259907

usd

CY2022Q2

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

5000000

shares

CY2021Q4

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

5000000

shares

CY2022Q2

us-gaap

Preferred Stock Shares Issued

PreferredStockSharesIssued

0

shares

CY2022Q2

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

0

shares

CY2021Q4

us-gaap

Preferred Stock Shares Issued

PreferredStockSharesIssued

0

shares

CY2021Q4

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

0

shares

CY2022Q2

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2021Q4

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2022Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2021Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2022Q2

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

20749018

shares

CY2022Q2

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

20749018

shares

CY2021Q4

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

8774263

shares

CY2021Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

8774263

shares

CY2022Q2

us-gaap

Common Stock Value

CommonStockValue

20749

usd

CY2021Q4

us-gaap

Common Stock Value

CommonStockValue

20749

usd

CY2022Q2

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

130983370

usd

CY2021Q4

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

130559370

usd

CY2022Q2

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-138915576

usd

CY2021Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-138455814

usd

CY2022Q2

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

1704440

usd

CY2021Q4

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

1704440

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q2

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

75893

usd

CY2021Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

119658

usd

CY2022Q2

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

119586

usd

CY2021Q2

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

71477

usd

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

285391

usd

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

137157

usd

us-gaap

Share Based Compensation

ShareBasedCompensation

24000

usd

CY2022Q2

us-gaap

Operating Expenses

OperatingExpenses

119586

usd

CY2021Q2

us-gaap

Operating Expenses

OperatingExpenses

71477

usd

us-gaap

Operating Expenses

OperatingExpenses

309391

usd

us-gaap

Operating Expenses

OperatingExpenses

137157

usd

CY2022Q2

us-gaap

Operating Income Loss

OperatingIncomeLoss

-119586

usd

CY2021Q2

us-gaap

Operating Income Loss

OperatingIncomeLoss

-71477

usd

us-gaap

Operating Income Loss

OperatingIncomeLoss

-309391

usd

us-gaap

Operating Income Loss

OperatingIncomeLoss

-137157

usd

CY2022Q2

us-gaap

Interest And Other Income

InterestAndOtherIncome

2

usd

us-gaap

Interest And Other Income

InterestAndOtherIncome

2

usd

CY2022Q2

nwcn

Government Grant

GovernmentGrant

-2051

usd

nwcn

Government Grant

GovernmentGrant

-2051

usd

CY2022Q2

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

2053

usd

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

2053

usd

CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3496482

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2020Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3443596

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

28313

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

52886

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

us-gaap

Use Of Estimates

UseOfEstimates

(C) Use of Estimates In preparing unaudited consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Differences from those estimates are reported in the period they become known and are disclosed to the extent they are material to the unaudited consolidated financial statements taken as a whole.

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2021Q2

us-gaap

Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax

OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax

205

usd

us-gaap

Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax

OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax

188

usd

CY2022Q2

us-gaap

Prepaid Expense Current

PrepaidExpenseCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense Current

PrepaidExpenseCurrent

19828

usd

CY2022Q2

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

19828

usd

CY2021Q4

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

645000

usd

us-gaap

Proceeds From Issuance Of Debt

ProceedsFromIssuanceOfDebt

2500000

usd

us-gaap

Amortization Of Financing Costs And Discounts

AmortizationOfFinancingCostsAndDiscounts

36536

usd

CY2022Q2

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

2781536

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

us-gaap

Operating Income Loss

OperatingIncomeLoss

-309391

usd

us-gaap

Operating Income Loss

OperatingIncomeLoss

-137157

usd

CY2022Q2

us-gaap

Interest And Other Income

InterestAndOtherIncome

2

usd

us-gaap

Interest And Other Income

InterestAndOtherIncome

2

usd

CY2022Q2

nwcn

Government Grant

GovernmentGrant

-2051

usd

nwcn

Government Grant

GovernmentGrant

-2051

usd

CY2022Q2

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

2053

usd

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

2053

usd

CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

CY2022Q2

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

51637

usd

CY2021Q2

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

129954

usd

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

115888

usd

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

259907

usd

CY2022Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

69388

usd

CY2021Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

129954

usd

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

152424

usd

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

259907

usd

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

CY2021Q2

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

205

usd

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

188

usd

CY2022Q2

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-186921

usd

CY2021Q2

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-201226

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-459762

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-396876

usd

CY2022Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.05

CY2022Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

CY2021Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

CY2020Q4

us-gaap

Stockholders Equity

StockholdersEquity

-7773295

usd

CY2021Q1

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

-17

usd

CY2021Q1

us-gaap

Profit Loss

ProfitLoss

-195633

usd

CY2021Q1

us-gaap

Stockholders Equity

StockholdersEquity

-7968945

usd

CY2021Q4

us-gaap

Liabilities

6290913

usd

CY2022Q2

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2021Q4

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2022Q2

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

5000000

shares

CY2021Q4

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

5000000

shares

CY2022Q2

us-gaap

Preferred Stock Shares Issued

PreferredStockSharesIssued

0

shares

CY2022Q2

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

0

shares

CY2021Q4

us-gaap

Preferred Stock Shares Issued

PreferredStockSharesIssued

0

shares

CY2021Q4

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

0

shares

CY2022Q2

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2021Q4

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2022Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2021Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2022Q2

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

20749018

shares

CY2022Q2

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

20749018

shares

CY2021Q4

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

8774263

shares

CY2021Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

8774263

shares

CY2022Q2

us-gaap

Common Stock Value

CommonStockValue

20749

usd

CY2021Q4

us-gaap

Common Stock Value

CommonStockValue

20749

usd

CY2022Q2

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

130983370

usd

CY2021Q4

us-gaap

Additional Paid In Capital Common Stock

AdditionalPaidInCapitalCommonStock

130559370

usd

CY2022Q2

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-138915576

usd

CY2021Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-138455814

usd

CY2022Q2

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

1704440

usd

CY2021Q4

us-gaap

Accumulated Other Comprehensive Income Loss Net Of Tax

AccumulatedOtherComprehensiveIncomeLossNetOfTax

1704440

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q2

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

75893

usd

CY2021Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

119658

usd

CY2022Q2

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

119586

usd

CY2021Q2

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

71477

usd

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

285391

usd

us-gaap

General And Administrative Expense

GeneralAndAdministrativeExpense

137157

usd

us-gaap

Share Based Compensation

ShareBasedCompensation

24000

usd

CY2022Q2

us-gaap

Operating Expenses

OperatingExpenses

119586

usd

CY2021Q2

us-gaap

Operating Expenses

OperatingExpenses

71477

usd

us-gaap

Operating Expenses

OperatingExpenses

309391

usd

us-gaap

Operating Expenses

OperatingExpenses

137157

usd

CY2022Q2

us-gaap

Operating Income Loss

OperatingIncomeLoss

-119586

usd

CY2021Q2

us-gaap

Operating Income Loss

OperatingIncomeLoss

-71477

usd

us-gaap

Operating Income Loss

OperatingIncomeLoss

-309391

usd

us-gaap

Operating Income Loss

OperatingIncomeLoss

-137157

usd

CY2022Q2

us-gaap

Interest And Other Income

InterestAndOtherIncome

2

usd

us-gaap

Interest And Other Income

InterestAndOtherIncome

2

usd

CY2022Q2

nwcn

Government Grant

GovernmentGrant

-2051

usd

nwcn

Government Grant

GovernmentGrant

-2051

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2020Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3443596

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

28313

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

52886

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

CY2022Q2

us-gaap

Employee Related Liabilities Current

EmployeeRelatedLiabilitiesCurrent

2025644

usd

CY2021Q4

us-gaap

Employee Related Liabilities Current

EmployeeRelatedLiabilitiesCurrent

1943544

usd

CY2022Q2

us-gaap

Accrued Professional Fees Current

AccruedProfessionalFeesCurrent

75416

usd

CY2021Q4

us-gaap

Accrued Professional Fees Current

AccruedProfessionalFeesCurrent

61057

usd

CY2022Q2

us-gaap

Accrued Income Taxes Current

AccruedIncomeTaxesCurrent

106272

usd

CY2021Q4

us-gaap

Accrued Income Taxes Current

AccruedIncomeTaxesCurrent

485479

usd

CY2022Q2

us-gaap

Other Accrued Liabilities Current

OtherAccruedLiabilitiesCurrent

18943

usd

CY2021Q4

us-gaap

Other Accrued Liabilities Current

OtherAccruedLiabilitiesCurrent

6610

usd

CY2022Q2

us-gaap

Accounts Payable Other Current And Noncurrent

AccountsPayableOtherCurrentAndNoncurrent

100491

usd

CY2021Q4

us-gaap

Accounts Payable Other Current And Noncurrent

AccountsPayableOtherCurrentAndNoncurrent

100491

usd

CY2022Q2

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2326766

usd

CY2021Q4

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2597181

usd

CY2022Q2

us-gaap

Short Term Borrowings

ShortTermBorrowings

1121436

usd

CY2021Q4

us-gaap

Short Term Borrowings

ShortTermBorrowings

2973211

usd

CY2022Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

51637

usd

CY2021Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

115888

usd

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

129954

usd

CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

CY2022Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

7841

usd

CY2021Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

1625

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

14363

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

3252

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

11538

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

15385

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Next Twelve Months

LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths

23077

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Year Two

LesseeOperatingLeaseLiabilityPaymentsDueYearTwo

30769

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Undiscounted Excess Amount

LesseeOperatingLeaseLiabilityUndiscountedExcessAmount

53846

usd

CY2022Q2

nwcn

Les Imputed Interest

LesImputedInterest

-674

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due

LesseeOperatingLeaseLiabilityPaymentsDue

53172

usd

CY2022Q2

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y1M28D

CY2022Q2

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

51637

usd

CY2021Q2

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

129954

usd

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

115888

usd

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

259907

usd

CY2022Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

69388

usd

CY2021Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

129954

usd

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

152424

usd

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

259907

usd

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2021Q2

us-gaap

Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax

OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax

205

usd

us-gaap

Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax

OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax

188

usd

CY2021Q2

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

205

usd

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

188

usd

CY2022Q2

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-186921

usd

CY2021Q2

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-201226

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-459762

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-396876

usd

CY2022Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.05

CY2022Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

CY2021Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

CY2020Q4

us-gaap

Stockholders Equity

StockholdersEquity

-7773295

usd

CY2021Q1

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

-17

usd

CY2021Q1

us-gaap

Profit Loss

ProfitLoss

-195633

usd

CY2021Q1

us-gaap

Stockholders Equity

StockholdersEquity

-7968945

usd

CY2021Q2

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

205

usd

CY2021Q2

us-gaap

Profit Loss

ProfitLoss

-201431

usd

CY2021Q2

us-gaap

Stockholders Equity

StockholdersEquity

-8170171

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

24000

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature

AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature

400000

usd

CY2022Q1

us-gaap

Profit Loss

ProfitLoss

-272841

usd

CY2022Q1

us-gaap

Stockholders Equity

StockholdersEquity

-6020096

usd

CY2022Q2

us-gaap

Profit Loss

ProfitLoss

-186921

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

CY2022Q2

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

2053

usd

us-gaap

Nonoperating Income Expense

NonoperatingIncomeExpense

2053

usd

CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

CY2022Q2

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

51637

usd

CY2021Q2

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

129954

usd

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

115888

usd

us-gaap

Interest Expense Debt Excluding Amortization

InterestExpenseDebtExcludingAmortization

259907

usd

CY2022Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

69388

usd

CY2021Q2

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

129954

usd

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

152424

usd

us-gaap

Interest And Debt Expense

InterestAndDebtExpense

259907

usd

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2021Q2

us-gaap

Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax

OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax

205

usd

us-gaap

Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax

OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax

188

usd

CY2021Q2

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

205

usd

us-gaap

Other Comprehensive Income Loss Net Of Tax

OtherComprehensiveIncomeLossNetOfTax

188

usd

CY2022Q2

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-186921

usd

CY2021Q2

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-201226

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-459762

usd

us-gaap

Comprehensive Income Net Of Tax

ComprehensiveIncomeNetOfTax

-396876

usd

CY2022Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Share Basic And Diluted

NetLossProfitPerCommonShareBasicAndDiluted

-0.05

CY2022Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

CY2021Q2

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

21018190

shares

nwcn

Weighted Average Number Of Shares Outstanding Basic And Diluted

WeightedAverageNumberOfSharesOutstandingBasicAndDiluted

8774263

shares

CY2020Q4

us-gaap

Stockholders Equity

StockholdersEquity

-7773295

usd

CY2021Q1

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

-17

usd

CY2021Q1

us-gaap

Profit Loss

ProfitLoss

-195633

usd

CY2021Q1

us-gaap

Stockholders Equity

StockholdersEquity

-7968945

usd

CY2021Q2

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

205

usd

CY2021Q2

us-gaap

Profit Loss

ProfitLoss

-201431

usd

CY2021Q2

us-gaap

Stockholders Equity

StockholdersEquity

-8170171

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

24000

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature

AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature

400000

usd

CY2021Q2

us-gaap

Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent

OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

205

usd

CY2021Q2

us-gaap

Profit Loss

ProfitLoss

-201431

usd

CY2021Q2

us-gaap

Stockholders Equity

StockholdersEquity

-8170171

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

24000

usd

CY2022Q1

us-gaap

Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature

AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature

400000

usd

CY2022Q1

us-gaap

Profit Loss

ProfitLoss

-272841

usd

CY2022Q1

us-gaap

Stockholders Equity

StockholdersEquity

-6020096

usd

CY2022Q2

us-gaap

Profit Loss

ProfitLoss

-186921

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

22945

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

103

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

nwcn

Stock Issued For Services

StockIssuedForServices

-24000

usd

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

-4443

usd

us-gaap

Increase Decrease In Operating Lease Liability

IncreaseDecreaseInOperatingLeaseLiability

-22349

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

224585

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

396969

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

-169602

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

8

usd

us-gaap

Payments To Acquire Property Plant And Equipment

PaymentsToAcquirePropertyPlantAndEquipment

1078

usd

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-1078

usd

us-gaap

Proceeds From Short Term Debt

ProceedsFromShortTermDebt

153225

usd

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

153225

usd

us-gaap

Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

188

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-17455

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

196

usd

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

21677

usd

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

5967

usd

CY2022Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

4222

usd

CY2021Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

6163

usd

nwcn

Settlement Of Short Term Loan By Conversion To Convertible Note

SettlementOfShortTermLoanByConversionToConvertibleNote

2005000

usd

nwcn

Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note

SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote

495000

usd

us-gaap

Nature Of Operations

NatureOfOperations

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 1in">NOTE 1.</td><td>ORGANIZATION AND PRINCIPAL ACTIVITIES</td></tr> </table> Network CN Inc. was originally incorporated on September 10, 1993 in Delaware with headquarters in the Hong Kong Special Administrative Region of the People’s Republic of China (“PRC” or “China”). Since August 2006, the Company has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED digital video panels, mega-size LED digital video billboards and light boxes in major cities. Details of the Company’s principal subsidiaries and variable interest entities as of June 30, 2022, are described in Note 3 – Subsidiaries and Variable Interest Entities. COVID-19 Pandemic In December 2019, an outbreak of COVID-19 was identified in China and was subsequently recognized as a global pandemic by the World Health Organization (“WHO”) on March 11, 2020. Since that time, COVID-19 has spread around the world and throughout the United States, including in the regions and countries in which we operate. Federal, state and local governments in the U.S and around the world have imposed restrictions on travel and business operations and are advising or requiring individuals to limit or eliminate time outside of their homes. Temporary closures of businesses have also been ordered in certain jurisdictions, and other businesses have temporarily closed voluntarily. These actions expanded significantly in March and April of 2020 throughout the U.S. Consequently, the COVID-19 outbreak has severely restricted the level of economic activity in the U.S. and around the world. The outbreak has resulted in authorities implementing numerous measures to try to contain the virus, such as quarantines and shelter in place orders. These measures may remain in place for a significant period of time and adversely affect our business, operations and financial condition as well as the business, operations and financial conditions of our business partners. The spread of the virus has also caused us to modify our business practices (including employee work locations and cancellation of physical participation in meetings) in ways that may be detrimental to our business (including working remotely and its attendant cybersecurity risks). We may take further actions as may be required by government authorities or that we determine are in the best interests of our employees. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus or otherwise be satisfactory to government authorities. There has been no material adverse impact on the Company’s 2021 results of operations to date. The effect of COVID-19 and related events, those not yet known or knowable, could have a negative effect on the stock price, business prospects, financial condition, and results of operations of the Company, including as a result of quarantines, market volatility, market downturns and business closures. For the reasons discussed above, the Company cannot reasonably estimate with any degree of certainty the future impact COVID-19 may have on the Company’s results of operations, financial position, and liquidity. Notwithstanding any actions by national, state, and local governments to mitigate the impact of COVID-19 or by the Company to address the adverse impacts of COVID-19, there can be no assurance that any of the foregoing activities will be successful in mitigating or preventing significant adverse effects on the Company. Recent development Issuance of Convertible Promissory Note On January 18, 2022, the Company entered into a Subscription Agreement under which the Subscriber agreed to purchase the 1% Senior Unsecured Convertible Note Agreement from the Company for an agreement purchase price of two million five hundred thousand US Dollars ($2,500,000). On the same date, the Company signed the with 1% Senior Unsecured Convertible Note Agreement under which the Company may sell and issue to the Subscriber up to an aggregate maximum amount of $2,500,000 in principal amount of Convertible Notes prior to January 19, 2027. The Convertible Promissory Notes issued to the Investor are convertible at the holder’s option into shares of Company common stock at $1.25 per share. Exercise of conversion option On October 28, 2021, Keywin Holdings Limited (“Keywin”) exercised its option to purchase an aggregate of 11,764,756 shares of the Company’ common stock for an aggregate purchase price of $2,000,000 which for setting off against the Company’s obligation to repay part of the short-term loan interest payable, there was no cash proceeds from the exercise of Keywin option. Private Placement On May 3, 2021, the Company entered into Common Stock Agreement with the foreign investor (the "New investor") that the Company will sell an aggregate of <span id="xdx_90F_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20210501__20210503__us-gaap--TypeOfArrangementAxis__custom--CommonStockPurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of common stock sold">200,000 shares of the Company's common stock to the New investor. Pursuant to the terms of a Common Stock Agreement between the Company and the New investor, the purchase price paid by the New investor for the shares were $3 per share for an aggregate sum of six hundred thousand U.S. dollars. The Company received $459,077 cash proceeds from the investor and $140,923 was settled for the interest payable of short-term loans. Increase of authorized capital On April 28, 2020, the Board of Directors and Majority of stockholders of the Company approved to increase the total number of authorized shares of Common Stock from 26,666,667 to 100,000,000,000. On October 11, 2021, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State to increase our authorized shares of common stock from 26,666,667 to 100,000,000,000 and the increase had approved by Delaware secretary of state on April 5, 2022 Identification of New projects On January 14, 2020, the Company entered into a Letter of Intent with Earthasia Worldwide Holdings Limited (“EWHL”) that the Company will acquire <span id="xdx_90D_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20200114__us-gaap--BusinessAcquisitionAxis__custom--EarthasiaWorldwideHoldingsLimitedMember_zSPCGlVbgg15" title="Issued and outstanding stock owned (Percentage)">100% of the EWHL’s issued and outstanding stock owned by the shareholders of the EWHL and the EWHL will become a wholly owned subsidiary of the Company. On July 23, 2020, the Company entered into Share Exchange Agreement with Ease Global Limited (“Ease Global”), the shareholder of Trade More Global Limited (‘Trade More”) that the Company will purchase, <span id="xdx_907_eus-gaap--BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interests issued and issuable">One Thousand and One Hundred (1,100) currently issued shares of common stock of Trade More from Ease Global and in exchange for Forty-nine Million (49,000,000) shares of newly-issued shares of common stock of the Company. The closing of the Exchange shall occur on other date as agreed by the parties of the Share Exchange Agreement. Upon <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableDescription_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interest issued, description">completion of the Exchange, 78% of issued shares of common stock of the Company shall be held by the Ease Global while all of the shares of capital stock of Trade More shall be held by the Company. EWHL is a wholly owned subsidiary of Trade More. The closing of Exchange was not completed on September 2, 2020 which was due to the progress of audit. Since Ease Global cannot fulfill the revenue target and complete the audit, the Company considered the Share Exchange Agreement was lapsed. Going Concern The Company has experienced recurring net losses $186,921 and $201,431 for the three months ended June 30, 2022 and 2021 respectively, and $459,762 and $397,064 for the six months ended June 30, 2022 and 2021 respectively. As of June 30, 2022, and December 31, 2021, the Company has stockholders’ deficit of $6,207,017 and $6,171,255, respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The unaudited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. In response to current financial conditions, the Company has actively explored new prominent media projects in order to provide a wider range of media and advertising services and improve our financial performance. If the project can start to operate, the Company expects that the project will improve the Company’s future financial performance. The Company expects that the new project can generate positive cashflow. The existing cash and cash equivalents together with highly liquid current assets are insufficient to fund the Company’s operations for the next twelve months. The Company will need to rely upon some combination of cash generated from the Company’s operations, or proceeds from the issuance of the Company’s equity and debt securities as well as the exercise of the conversion option by the Company’s note holders to convert the notes to the Company’s common stock, in order to maintain the Company’s operations. Based on the Company’s best estimates, the Company believes that there are sufficient financial resources to meet the cash requirements for the coming twelve months and the consolidated financial statements have been prepared on a going concern basis. However, there can be no assurance the Company will be able to continue as a going concern. These uncertainties may result in adverse effects on continuation of the Company as a going concern. The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.

CY2021Q2

nwcn

Proceeds From Investor

ProceedsFromInvestor

459077

usd

CY2021Q2

nwcn

Short Term Loans Interest Payable

ShortTermLoansInterestPayable

140923

usd

CY2020Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

26666667

shares

CY2022Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

CY2021Q4

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y8M26D

CY2022Q2

us-gaap

Operating Lease Weighted Average Discount Rate Percent

OperatingLeaseWeightedAverageDiscountRatePercent

0.0233

pure

nwcn

Operating Cash Outflows From Operating Lease

OperatingCashOutflowsFromOperatingLease

22349

usd

CY2021Q4

nwcn

Shares Granted Of Common Stock

SharesGrantedOfCommonStock

132172

shares

nwcn

Noncash Stockbased Compensation

NoncashStockbasedCompensation

24000

usd

CY2022Q2

us-gaap

Short Term Debt Percentage Bearing Fixed Interest Rate

ShortTermDebtPercentageBearingFixedInterestRate

0.015

pure

CY2022Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

43475

usd

CY2021Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

128025

usd

us-gaap

Debt Conversion Original Debt Amount1

DebtConversionOriginalDebtAmount1

2500000

usd

CY2009Q3

nwcn

Description Of Exercise Period Under Agreement

DescriptionOfExercisePeriodUnderAgreement

Company and Keywin, of which the Company’s chief executive officer and director is the director and his spouse is the sole shareholder, entered into an Amendment, pursuant to which the Company agreed to extend the exercise period for the Keywin Option under the Note Exchange and Option Agreement between the Company and Keywin, to purchase an aggregate of 1,637,522 shares of our common stock for an aggregate purchase price of $2,000,000, from a three-month period ended on July 1, 2009, to a six-month period ended October 1, 2009. The exercise period for the Keywin option was subsequently further extended to a nine-month period ended January 1, 2010, pursuant to the Second Amendment. On January 1, 2010, the Company and Keywin entered into the third Amendment, pursuant to which the Company agreed to further extend the exercise period to an eighteen-month period ended on October 1, 2010, and provide the Company with the right to unilaterally terminate the exercise period upon 30 days’ written notice. On September 30, 2010, the exercise price was extended at various times from September 1, 2010 to December 31, 2017 and the Keywin Option was further extended to a hundred and twenty-nine-month period ending on January 1, 2020 and the exercise price changed to $0.99.

CY2021Q4

nwcn

Aggregate Shares Purchase

AggregateSharesPurchase

11764756

shares

CY2021Q4

nwcn

Aggregate Shares Purchase Price

AggregateSharesPurchasePrice

2000000

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

22945

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

103

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

nwcn

Stock Issued For Services

StockIssuedForServices

-24000

usd

nwcn

Operating Loss Carryforwards Expiration Year

OperatingLossCarryforwardsExpirationYear

expire on various from 2024 through 2037

CY2022Q1

us-gaap

Profit Loss

ProfitLoss

-272841

usd

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

-4443

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2024 To2028

OperatingLossCarriedForward2024To2028

2279147

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2029 To2033

OperatingLossCarriedForward2029To2033

892375

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2034 To2037

OperatingLossCarriedForward2034To2037

217937

usd

CY2022Q2

nwcn

Operating Loss Carried Forward Indefinitely

OperatingLossCarriedForwardIndefinitely

135335

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-17455

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

196

usd

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

21677

usd

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

5967

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

CY2022Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

CY2022Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.05

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

us-gaap

Tax Credit Carryforward Description

TaxCreditCarryforwardDescription

Under Hong Kong tax laws, deferred tax assets are recognized for tax loss carried forward to the extent that the realization of the related tax benefit through future taxable profits is probable. These tax losses do not expire under current Hong Kong tax legislation. Under PRC tax laws, tax losses may be carried forward for 5 years and no carry-back is allowed. At June 30, 2022, the Company does not have available tax losses in the Hong Kong and PRC to utilize for future taxable profits.

CY2022Q2

us-gaap

Operating Loss Carryforwards

OperatingLossCarryforwards

16447000

usd

CY2022Q2

us-gaap

Operating Loss Carryforwards Valuation Allowance

OperatingLossCarryforwardsValuationAllowance

3453871

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3496482

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2020Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3443596

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

28313

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

52886

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

153225

usd

us-gaap

Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

188

usd

us-gaap

Use Of Estimates

UseOfEstimates

(C) Use of Estimates In preparing unaudited consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Differences from those estimates are reported in the period they become known and are disclosed to the extent they are material to the unaudited consolidated financial statements taken as a whole.

us-gaap

Operating Lease Cost

OperatingLeaseCost

11538

usd

CY2022Q1

us-gaap

Stockholders Equity

StockholdersEquity

-6020096

usd

CY2022Q2

us-gaap

Profit Loss

ProfitLoss

-186921

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

22945

usd

us-gaap

Depreciation Depletion And Amortization

DepreciationDepletionAndAmortization

103

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

nwcn

Stock Issued For Services

StockIssuedForServices

-24000

usd

us-gaap

Increase Decrease In Prepaid Deferred Expense And Other Assets

IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

-4443

usd

us-gaap

Increase Decrease In Operating Lease Liability

IncreaseDecreaseInOperatingLeaseLiability

-22349

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

224585

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

396969

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

-169602

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

8

usd

us-gaap

Payments To Acquire Property Plant And Equipment

PaymentsToAcquirePropertyPlantAndEquipment

1078

usd

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-1078

usd

us-gaap

Proceeds From Short Term Debt

ProceedsFromShortTermDebt

153225

usd

CY2022Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

4222

usd

CY2021Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

6163

usd

nwcn

Settlement Of Short Term Loan By Conversion To Convertible Note

SettlementOfShortTermLoanByConversionToConvertibleNote

2005000

usd

nwcn

Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note

SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote

495000

usd

us-gaap

Nature Of Operations

NatureOfOperations

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 1in">NOTE 1.</td><td>ORGANIZATION AND PRINCIPAL ACTIVITIES</td></tr> </table> Network CN Inc. was originally incorporated on September 10, 1993 in Delaware with headquarters in the Hong Kong Special Administrative Region of the People’s Republic of China (“PRC” or “China”). Since August 2006, the Company has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED digital video panels, mega-size LED digital video billboards and light boxes in major cities. Details of the Company’s principal subsidiaries and variable interest entities as of June 30, 2022, are described in Note 3 – Subsidiaries and Variable Interest Entities. COVID-19 Pandemic In December 2019, an outbreak of COVID-19 was identified in China and was subsequently recognized as a global pandemic by the World Health Organization (“WHO”) on March 11, 2020. Since that time, COVID-19 has spread around the world and throughout the United States, including in the regions and countries in which we operate. Federal, state and local governments in the U.S and around the world have imposed restrictions on travel and business operations and are advising or requiring individuals to limit or eliminate time outside of their homes. Temporary closures of businesses have also been ordered in certain jurisdictions, and other businesses have temporarily closed voluntarily. These actions expanded significantly in March and April of 2020 throughout the U.S. Consequently, the COVID-19 outbreak has severely restricted the level of economic activity in the U.S. and around the world. The outbreak has resulted in authorities implementing numerous measures to try to contain the virus, such as quarantines and shelter in place orders. These measures may remain in place for a significant period of time and adversely affect our business, operations and financial condition as well as the business, operations and financial conditions of our business partners. The spread of the virus has also caused us to modify our business practices (including employee work locations and cancellation of physical participation in meetings) in ways that may be detrimental to our business (including working remotely and its attendant cybersecurity risks). We may take further actions as may be required by government authorities or that we determine are in the best interests of our employees. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus or otherwise be satisfactory to government authorities. There has been no material adverse impact on the Company’s 2021 results of operations to date. The effect of COVID-19 and related events, those not yet known or knowable, could have a negative effect on the stock price, business prospects, financial condition, and results of operations of the Company, including as a result of quarantines, market volatility, market downturns and business closures. For the reasons discussed above, the Company cannot reasonably estimate with any degree of certainty the future impact COVID-19 may have on the Company’s results of operations, financial position, and liquidity. Notwithstanding any actions by national, state, and local governments to mitigate the impact of COVID-19 or by the Company to address the adverse impacts of COVID-19, there can be no assurance that any of the foregoing activities will be successful in mitigating or preventing significant adverse effects on the Company. Recent development Issuance of Convertible Promissory Note On January 18, 2022, the Company entered into a Subscription Agreement under which the Subscriber agreed to purchase the 1% Senior Unsecured Convertible Note Agreement from the Company for an agreement purchase price of two million five hundred thousand US Dollars ($2,500,000). On the same date, the Company signed the with 1% Senior Unsecured Convertible Note Agreement under which the Company may sell and issue to the Subscriber up to an aggregate maximum amount of $2,500,000 in principal amount of Convertible Notes prior to January 19, 2027. The Convertible Promissory Notes issued to the Investor are convertible at the holder’s option into shares of Company common stock at $1.25 per share. Exercise of conversion option On October 28, 2021, Keywin Holdings Limited (“Keywin”) exercised its option to purchase an aggregate of 11,764,756 shares of the Company’ common stock for an aggregate purchase price of $2,000,000 which for setting off against the Company’s obligation to repay part of the short-term loan interest payable, there was no cash proceeds from the exercise of Keywin option. Private Placement On May 3, 2021, the Company entered into Common Stock Agreement with the foreign investor (the "New investor") that the Company will sell an aggregate of <span id="xdx_90F_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20210501__20210503__us-gaap--TypeOfArrangementAxis__custom--CommonStockPurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of common stock sold">200,000 shares of the Company's common stock to the New investor. Pursuant to the terms of a Common Stock Agreement between the Company and the New investor, the purchase price paid by the New investor for the shares were $3 per share for an aggregate sum of six hundred thousand U.S. dollars. The Company received $459,077 cash proceeds from the investor and $140,923 was settled for the interest payable of short-term loans. Increase of authorized capital On April 28, 2020, the Board of Directors and Majority of stockholders of the Company approved to increase the total number of authorized shares of Common Stock from 26,666,667 to 100,000,000,000. On October 11, 2021, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State to increase our authorized shares of common stock from 26,666,667 to 100,000,000,000 and the increase had approved by Delaware secretary of state on April 5, 2022 Identification of New projects On January 14, 2020, the Company entered into a Letter of Intent with Earthasia Worldwide Holdings Limited (“EWHL”) that the Company will acquire <span id="xdx_90D_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20200114__us-gaap--BusinessAcquisitionAxis__custom--EarthasiaWorldwideHoldingsLimitedMember_zSPCGlVbgg15" title="Issued and outstanding stock owned (Percentage)">100% of the EWHL’s issued and outstanding stock owned by the shareholders of the EWHL and the EWHL will become a wholly owned subsidiary of the Company. On July 23, 2020, the Company entered into Share Exchange Agreement with Ease Global Limited (“Ease Global”), the shareholder of Trade More Global Limited (‘Trade More”) that the Company will purchase, <span id="xdx_907_eus-gaap--BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interests issued and issuable">One Thousand and One Hundred (1,100) currently issued shares of common stock of Trade More from Ease Global and in exchange for Forty-nine Million (49,000,000) shares of newly-issued shares of common stock of the Company. The closing of the Exchange shall occur on other date as agreed by the parties of the Share Exchange Agreement. Upon <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableDescription_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interest issued, description">completion of the Exchange, 78% of issued shares of common stock of the Company shall be held by the Ease Global while all of the shares of capital stock of Trade More shall be held by the Company. EWHL is a wholly owned subsidiary of Trade More. The closing of Exchange was not completed on September 2, 2020 which was due to the progress of audit. Since Ease Global cannot fulfill the revenue target and complete the audit, the Company considered the Share Exchange Agreement was lapsed. Going Concern The Company has experienced recurring net losses $186,921 and $201,431 for the three months ended June 30, 2022 and 2021 respectively, and $459,762 and $397,064 for the six months ended June 30, 2022 and 2021 respectively. As of June 30, 2022, and December 31, 2021, the Company has stockholders’ deficit of $6,207,017 and $6,171,255, respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The unaudited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. In response to current financial conditions, the Company has actively explored new prominent media projects in order to provide a wider range of media and advertising services and improve our financial performance. If the project can start to operate, the Company expects that the project will improve the Company’s future financial performance. The Company expects that the new project can generate positive cashflow. The existing cash and cash equivalents together with highly liquid current assets are insufficient to fund the Company’s operations for the next twelve months. The Company will need to rely upon some combination of cash generated from the Company’s operations, or proceeds from the issuance of the Company’s equity and debt securities as well as the exercise of the conversion option by the Company’s note holders to convert the notes to the Company’s common stock, in order to maintain the Company’s operations. Based on the Company’s best estimates, the Company believes that there are sufficient financial resources to meet the cash requirements for the coming twelve months and the consolidated financial statements have been prepared on a going concern basis. However, there can be no assurance the Company will be able to continue as a going concern. These uncertainties may result in adverse effects on continuation of the Company as a going concern. The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.

CY2021Q2

nwcn

Proceeds From Investor

ProceedsFromInvestor

459077

usd

CY2021Q2

nwcn

Short Term Loans Interest Payable

ShortTermLoansInterestPayable

140923

usd

CY2020Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

26666667

shares

CY2022Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

15385

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

52886

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

us-gaap

Increase Decrease In Operating Lease Liability

IncreaseDecreaseInOperatingLeaseLiability

-22349

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

224585

usd

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

396969

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

-169602

usd

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

8

usd

us-gaap

Payments To Acquire Property Plant And Equipment

PaymentsToAcquirePropertyPlantAndEquipment

1078

usd

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-1078

usd

us-gaap

Proceeds From Short Term Debt

ProceedsFromShortTermDebt

153225

usd

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

153225

usd

us-gaap

Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

188

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-17455

usd

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

196

usd

CY2021Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

21677

usd

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

5967

usd

CY2022Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

4222

usd

CY2021Q2

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

6163

usd

nwcn

Settlement Of Short Term Loan By Conversion To Convertible Note

SettlementOfShortTermLoanByConversionToConvertibleNote

2005000

usd

nwcn

Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note

SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote

495000

usd

us-gaap

Nature Of Operations

NatureOfOperations

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"> <tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 1in">NOTE 1.</td><td>ORGANIZATION AND PRINCIPAL ACTIVITIES</td></tr> </table> Network CN Inc. was originally incorporated on September 10, 1993 in Delaware with headquarters in the Hong Kong Special Administrative Region of the People’s Republic of China (“PRC” or “China”). Since August 2006, the Company has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED digital video panels, mega-size LED digital video billboards and light boxes in major cities. Details of the Company’s principal subsidiaries and variable interest entities as of June 30, 2022, are described in Note 3 – Subsidiaries and Variable Interest Entities. COVID-19 Pandemic In December 2019, an outbreak of COVID-19 was identified in China and was subsequently recognized as a global pandemic by the World Health Organization (“WHO”) on March 11, 2020. Since that time, COVID-19 has spread around the world and throughout the United States, including in the regions and countries in which we operate. Federal, state and local governments in the U.S and around the world have imposed restrictions on travel and business operations and are advising or requiring individuals to limit or eliminate time outside of their homes. Temporary closures of businesses have also been ordered in certain jurisdictions, and other businesses have temporarily closed voluntarily. These actions expanded significantly in March and April of 2020 throughout the U.S. Consequently, the COVID-19 outbreak has severely restricted the level of economic activity in the U.S. and around the world. The outbreak has resulted in authorities implementing numerous measures to try to contain the virus, such as quarantines and shelter in place orders. These measures may remain in place for a significant period of time and adversely affect our business, operations and financial condition as well as the business, operations and financial conditions of our business partners. The spread of the virus has also caused us to modify our business practices (including employee work locations and cancellation of physical participation in meetings) in ways that may be detrimental to our business (including working remotely and its attendant cybersecurity risks). We may take further actions as may be required by government authorities or that we determine are in the best interests of our employees. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus or otherwise be satisfactory to government authorities. There has been no material adverse impact on the Company’s 2021 results of operations to date. The effect of COVID-19 and related events, those not yet known or knowable, could have a negative effect on the stock price, business prospects, financial condition, and results of operations of the Company, including as a result of quarantines, market volatility, market downturns and business closures. For the reasons discussed above, the Company cannot reasonably estimate with any degree of certainty the future impact COVID-19 may have on the Company’s results of operations, financial position, and liquidity. Notwithstanding any actions by national, state, and local governments to mitigate the impact of COVID-19 or by the Company to address the adverse impacts of COVID-19, there can be no assurance that any of the foregoing activities will be successful in mitigating or preventing significant adverse effects on the Company. Recent development Issuance of Convertible Promissory Note On January 18, 2022, the Company entered into a Subscription Agreement under which the Subscriber agreed to purchase the 1% Senior Unsecured Convertible Note Agreement from the Company for an agreement purchase price of two million five hundred thousand US Dollars ($2,500,000). On the same date, the Company signed the with 1% Senior Unsecured Convertible Note Agreement under which the Company may sell and issue to the Subscriber up to an aggregate maximum amount of $2,500,000 in principal amount of Convertible Notes prior to January 19, 2027. The Convertible Promissory Notes issued to the Investor are convertible at the holder’s option into shares of Company common stock at $1.25 per share. Exercise of conversion option On October 28, 2021, Keywin Holdings Limited (“Keywin”) exercised its option to purchase an aggregate of 11,764,756 shares of the Company’ common stock for an aggregate purchase price of $2,000,000 which for setting off against the Company’s obligation to repay part of the short-term loan interest payable, there was no cash proceeds from the exercise of Keywin option. Private Placement On May 3, 2021, the Company entered into Common Stock Agreement with the foreign investor (the "New investor") that the Company will sell an aggregate of <span id="xdx_90F_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20210501__20210503__us-gaap--TypeOfArrangementAxis__custom--CommonStockPurchaseAgreementMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__us-gaap--InvestorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of common stock sold">200,000 shares of the Company's common stock to the New investor. Pursuant to the terms of a Common Stock Agreement between the Company and the New investor, the purchase price paid by the New investor for the shares were $3 per share for an aggregate sum of six hundred thousand U.S. dollars. The Company received $459,077 cash proceeds from the investor and $140,923 was settled for the interest payable of short-term loans. Increase of authorized capital On April 28, 2020, the Board of Directors and Majority of stockholders of the Company approved to increase the total number of authorized shares of Common Stock from 26,666,667 to 100,000,000,000. On October 11, 2021, we filed a Certificate of Amendment to our Certificate of Incorporation with the Delaware Secretary of State to increase our authorized shares of common stock from 26,666,667 to 100,000,000,000 and the increase had approved by Delaware secretary of state on April 5, 2022 Identification of New projects On January 14, 2020, the Company entered into a Letter of Intent with Earthasia Worldwide Holdings Limited (“EWHL”) that the Company will acquire <span id="xdx_90D_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_dp_c20200114__us-gaap--BusinessAcquisitionAxis__custom--EarthasiaWorldwideHoldingsLimitedMember_zSPCGlVbgg15" title="Issued and outstanding stock owned (Percentage)">100% of the EWHL’s issued and outstanding stock owned by the shareholders of the EWHL and the EWHL will become a wholly owned subsidiary of the Company. On July 23, 2020, the Company entered into Share Exchange Agreement with Ease Global Limited (“Ease Global”), the shareholder of Trade More Global Limited (‘Trade More”) that the Company will purchase, <span id="xdx_907_eus-gaap--BusinessCombinationCostOfAcquiredEntityEquityInterestsIssuedAndIssuableFairValueMethod_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interests issued and issuable">One Thousand and One Hundred (1,100) currently issued shares of common stock of Trade More from Ease Global and in exchange for Forty-nine Million (49,000,000) shares of newly-issued shares of common stock of the Company. The closing of the Exchange shall occur on other date as agreed by the parties of the Share Exchange Agreement. Upon <span id="xdx_909_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableDescription_c20200722__20200723__us-gaap--TypeOfArrangementAxis__custom--ShareExchangeAgreementMember__us-gaap--BusinessAcquisitionAxis__custom--TradeMoreGlobalLimitedMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--EaseGlobalLimitedMember" title="Equity interest issued, description">completion of the Exchange, 78% of issued shares of common stock of the Company shall be held by the Ease Global while all of the shares of capital stock of Trade More shall be held by the Company. EWHL is a wholly owned subsidiary of Trade More. The closing of Exchange was not completed on September 2, 2020 which was due to the progress of audit. Since Ease Global cannot fulfill the revenue target and complete the audit, the Company considered the Share Exchange Agreement was lapsed. Going Concern The Company has experienced recurring net losses $186,921 and $201,431 for the three months ended June 30, 2022 and 2021 respectively, and $459,762 and $397,064 for the six months ended June 30, 2022 and 2021 respectively. As of June 30, 2022, and December 31, 2021, the Company has stockholders’ deficit of $6,207,017 and $6,171,255, respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph. The unaudited consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. In response to current financial conditions, the Company has actively explored new prominent media projects in order to provide a wider range of media and advertising services and improve our financial performance. If the project can start to operate, the Company expects that the project will improve the Company’s future financial performance. The Company expects that the new project can generate positive cashflow. The existing cash and cash equivalents together with highly liquid current assets are insufficient to fund the Company’s operations for the next twelve months. The Company will need to rely upon some combination of cash generated from the Company’s operations, or proceeds from the issuance of the Company’s equity and debt securities as well as the exercise of the conversion option by the Company’s note holders to convert the notes to the Company’s common stock, in order to maintain the Company’s operations. Based on the Company’s best estimates, the Company believes that there are sufficient financial resources to meet the cash requirements for the coming twelve months and the consolidated financial statements have been prepared on a going concern basis. However, there can be no assurance the Company will be able to continue as a going concern. These uncertainties may result in adverse effects on continuation of the Company as a going concern. The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.

CY2021Q2

nwcn

Proceeds From Investor

ProceedsFromInvestor

459077

usd

CY2021Q2

nwcn

Short Term Loans Interest Payable

ShortTermLoansInterestPayable

140923

usd

CY2020Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

26666667

shares

CY2022Q2

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000000

shares

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Stockholders Equity

StockholdersEquity

-6207017

usd

CY2021Q4

us-gaap

Stockholders Equity

StockholdersEquity

-6171255

usd

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

259907

usd

CY2021Q4

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

645000

usd

us-gaap

Proceeds From Issuance Of Debt

ProceedsFromIssuanceOfDebt

2500000

usd

us-gaap

Amortization Of Financing Costs And Discounts

AmortizationOfFinancingCostsAndDiscounts

36536

usd

CY2022Q2

us-gaap

Prepaid Expense Current

PrepaidExpenseCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense Current

PrepaidExpenseCurrent

19828

usd

CY2022Q2

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

19828

usd

CY2021Q4

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

19828

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

14363

usd

CY2022Q2

us-gaap

Employee Related Liabilities Current

EmployeeRelatedLiabilitiesCurrent

2025644

usd

CY2021Q4

us-gaap

Employee Related Liabilities Current

EmployeeRelatedLiabilitiesCurrent

1943544

usd

CY2022Q2

us-gaap

Accrued Professional Fees Current

AccruedProfessionalFeesCurrent

75416

usd

CY2021Q4

us-gaap

Accrued Professional Fees Current

AccruedProfessionalFeesCurrent

61057

usd

CY2022Q2

us-gaap

Accrued Income Taxes Current

AccruedIncomeTaxesCurrent

106272

usd

CY2021Q4

us-gaap

Accrued Income Taxes Current

AccruedIncomeTaxesCurrent

485479

usd

CY2022Q2

us-gaap

Other Accrued Liabilities Current

OtherAccruedLiabilitiesCurrent

18943

usd

CY2021Q4

us-gaap

Other Accrued Liabilities Current

OtherAccruedLiabilitiesCurrent

6610

usd

CY2022Q2

us-gaap

Accounts Payable Other Current And Noncurrent

AccountsPayableOtherCurrentAndNoncurrent

100491

usd

CY2021Q4

us-gaap

Accounts Payable Other Current And Noncurrent

AccountsPayableOtherCurrentAndNoncurrent

100491

usd

CY2022Q2

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2326766

usd

CY2021Q4

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2597181

usd

CY2022Q2

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

2781536

usd

CY2022Q2

us-gaap

Short Term Borrowings

ShortTermBorrowings

1121436

usd

CY2021Q4

us-gaap

Short Term Borrowings

ShortTermBorrowings

2973211

usd

CY2022Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

51637

usd

CY2021Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

115888

usd

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

129954

usd

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

259907

usd

CY2021Q4

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

645000

usd

us-gaap

Proceeds From Issuance Of Debt

ProceedsFromIssuanceOfDebt

2500000

usd

us-gaap

Amortization Of Financing Costs And Discounts

AmortizationOfFinancingCostsAndDiscounts

36536

usd

CY2022Q2

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

2781536

usd

CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

CY2022Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

7841

usd

CY2021Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

1625

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

14363

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

3252

usd

us-gaap

Use Of Estimates

UseOfEstimates

(C) Use of Estimates In preparing unaudited consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Differences from those estimates are reported in the period they become known and are disclosed to the extent they are material to the unaudited consolidated financial statements taken as a whole.

CY2022Q2

nwcn

Les Imputed Interest

LesImputedInterest

-674

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due

LesseeOperatingLeaseLiabilityPaymentsDue

53172

usd

CY2022Q2

us-gaap

Prepaid Expense Current

PrepaidExpenseCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense Current

PrepaidExpenseCurrent

19828

usd

CY2022Q2

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

19828

usd

CY2022Q2

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y1M28D

CY2021Q4

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y8M26D

CY2022Q2

us-gaap

Operating Lease Weighted Average Discount Rate Percent

OperatingLeaseWeightedAverageDiscountRatePercent

0.0233

pure

us-gaap

Use Of Estimates

UseOfEstimates

(C) Use of Estimates In preparing unaudited consolidated financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Differences from those estimates are reported in the period they become known and are disclosed to the extent they are material to the unaudited consolidated financial statements taken as a whole.

us-gaap

Operating Lease Cost

OperatingLeaseCost

11538

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

15385

usd

nwcn

Operating Cash Outflows From Operating Lease

OperatingCashOutflowsFromOperatingLease

22349

usd

CY2022Q2

us-gaap

Employee Related Liabilities Current

EmployeeRelatedLiabilitiesCurrent

2025644

usd

CY2021Q4

us-gaap

Employee Related Liabilities Current

EmployeeRelatedLiabilitiesCurrent

1943544

usd

CY2022Q2

us-gaap

Accrued Professional Fees Current

AccruedProfessionalFeesCurrent

75416

usd

CY2021Q4

us-gaap

Accrued Professional Fees Current

AccruedProfessionalFeesCurrent

61057

usd

CY2022Q2

us-gaap

Accrued Income Taxes Current

AccruedIncomeTaxesCurrent

106272

usd

CY2021Q4

us-gaap

Accrued Income Taxes Current

AccruedIncomeTaxesCurrent

485479

usd

CY2022Q2

us-gaap

Other Accrued Liabilities Current

OtherAccruedLiabilitiesCurrent

18943

usd

CY2021Q4

us-gaap

Other Accrued Liabilities Current

OtherAccruedLiabilitiesCurrent

6610

usd

CY2022Q2

us-gaap

Accounts Payable Other Current And Noncurrent

AccountsPayableOtherCurrentAndNoncurrent

100491

usd

CY2021Q4

us-gaap

Accounts Payable Other Current And Noncurrent

AccountsPayableOtherCurrentAndNoncurrent

100491

usd

CY2022Q2

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2326766

usd

CY2021Q4

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2597181

usd

CY2022Q2

us-gaap

Short Term Borrowings

ShortTermBorrowings

1121436

usd

CY2021Q4

us-gaap

Short Term Borrowings

ShortTermBorrowings

2973211

usd

CY2022Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

51637

usd

CY2021Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

115888

usd

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

129954

usd

CY2022Q2

us-gaap

Prepaid Expense Current

PrepaidExpenseCurrent

15385

usd

CY2021Q4

us-gaap

Prepaid Expense Current

PrepaidExpenseCurrent

19828

usd

CY2022Q2

us-gaap

Prepaid Expense And Other Assets Current

PrepaidExpenseAndOtherAssetsCurrent

15385

usd

CY2022Q2

us-gaap

Employee Related Liabilities Current

EmployeeRelatedLiabilitiesCurrent

2025644

usd

CY2021Q4

us-gaap

Employee Related Liabilities Current

EmployeeRelatedLiabilitiesCurrent

1943544

usd

CY2022Q2

us-gaap

Accrued Professional Fees Current

AccruedProfessionalFeesCurrent

75416

usd

CY2021Q4

us-gaap

Accrued Professional Fees Current

AccruedProfessionalFeesCurrent

61057

usd

CY2022Q2

us-gaap

Accrued Income Taxes Current

AccruedIncomeTaxesCurrent

106272

usd

CY2021Q4

us-gaap

Accrued Income Taxes Current

AccruedIncomeTaxesCurrent

485479

usd

CY2022Q2

us-gaap

Other Accrued Liabilities Current

OtherAccruedLiabilitiesCurrent

18943

usd

CY2021Q4

us-gaap

Other Accrued Liabilities Current

OtherAccruedLiabilitiesCurrent

6610

usd

CY2022Q2

us-gaap

Accounts Payable Other Current And Noncurrent

AccountsPayableOtherCurrentAndNoncurrent

100491

usd

CY2021Q4

us-gaap

Accounts Payable Other Current And Noncurrent

AccountsPayableOtherCurrentAndNoncurrent

100491

usd

CY2022Q2

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2326766

usd

CY2021Q4

us-gaap

Accounts Payable And Accrued Liabilities Current

AccountsPayableAndAccruedLiabilitiesCurrent

2597181

usd

CY2021Q4

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y8M26D

CY2022Q2

us-gaap

Operating Lease Weighted Average Discount Rate Percent

OperatingLeaseWeightedAverageDiscountRatePercent

0.0233

pure

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Next Twelve Months

LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths

23077

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Year Two

LesseeOperatingLeaseLiabilityPaymentsDueYearTwo

30769

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Undiscounted Excess Amount

LesseeOperatingLeaseLiabilityUndiscountedExcessAmount

53846

usd

CY2021Q4

nwcn

Shares Granted Of Common Stock

SharesGrantedOfCommonStock

132172

shares

nwcn

Noncash Stockbased Compensation

NoncashStockbasedCompensation

24000

usd

CY2022Q2

us-gaap

Short Term Debt Percentage Bearing Fixed Interest Rate

ShortTermDebtPercentageBearingFixedInterestRate

0.015

pure

CY2022Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

43475

usd

CY2021Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

128025

usd

us-gaap

Debt Conversion Original Debt Amount1

DebtConversionOriginalDebtAmount1

2500000

usd

CY2022Q2

us-gaap

Short Term Borrowings

ShortTermBorrowings

1121436

usd

CY2021Q4

us-gaap

Short Term Borrowings

ShortTermBorrowings

2973211

usd

CY2022Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

51637

usd

CY2021Q2

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

115888

usd

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

129954

usd

nwcn

Interest Expense On Short Term Debt

InterestExpenseOnShortTermDebt

259907

usd

CY2021Q4

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

645000

usd

us-gaap

Proceeds From Issuance Of Debt

ProceedsFromIssuanceOfDebt

2500000

usd

us-gaap

Amortization Of Financing Costs And Discounts

AmortizationOfFinancingCostsAndDiscounts

36536

usd

CY2022Q2

us-gaap

Convertible Notes Payable

ConvertibleNotesPayable

2781536

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

3252

usd

CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

CY2022Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

7841

usd

CY2021Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

1625

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

14363

usd

us-gaap

Interest Expense Debt

InterestExpenseDebt

3252

usd

CY2009Q3

nwcn

Description Of Exercise Period Under Agreement

DescriptionOfExercisePeriodUnderAgreement

Company and Keywin, of which the Company’s chief executive officer and director is the director and his spouse is the sole shareholder, entered into an Amendment, pursuant to which the Company agreed to extend the exercise period for the Keywin Option under the Note Exchange and Option Agreement between the Company and Keywin, to purchase an aggregate of 1,637,522 shares of our common stock for an aggregate purchase price of $2,000,000, from a three-month period ended on July 1, 2009, to a six-month period ended October 1, 2009. The exercise period for the Keywin option was subsequently further extended to a nine-month period ended January 1, 2010, pursuant to the Second Amendment. On January 1, 2010, the Company and Keywin entered into the third Amendment, pursuant to which the Company agreed to further extend the exercise period to an eighteen-month period ended on October 1, 2010, and provide the Company with the right to unilaterally terminate the exercise period upon 30 days’ written notice. On September 30, 2010, the exercise price was extended at various times from September 1, 2010 to December 31, 2017 and the Keywin Option was further extended to a hundred and twenty-nine-month period ending on January 1, 2020 and the exercise price changed to $0.99.

CY2021Q4

nwcn

Aggregate Shares Purchase

AggregateSharesPurchase

11764756

shares

CY2021Q4

nwcn

Aggregate Shares Purchase Price

AggregateSharesPurchasePrice

2000000

usd

CY2022Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

7841

usd

CY2021Q2

us-gaap

Interest Expense Debt

InterestExpenseDebt

1625

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

CY2022Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

CY2022Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.05

nwcn

Operating Cash Outflows From Operating Lease

OperatingCashOutflowsFromOperatingLease

22349

usd

CY2022Q2

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

17751

usd

us-gaap

Amortization Of Debt Discount Premium

AmortizationOfDebtDiscountPremium

36536

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

11538

usd

us-gaap

Operating Lease Cost

OperatingLeaseCost

15385

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Next Twelve Months

LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths

23077

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Year Two

LesseeOperatingLeaseLiabilityPaymentsDueYearTwo

30769

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Undiscounted Excess Amount

LesseeOperatingLeaseLiabilityUndiscountedExcessAmount

53846

usd

CY2022Q2

nwcn

Les Imputed Interest

LesImputedInterest

-674

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due

LesseeOperatingLeaseLiabilityPaymentsDue

53172

usd

CY2022Q2

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y1M28D

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

us-gaap

Tax Credit Carryforward Description

TaxCreditCarryforwardDescription

Under Hong Kong tax laws, deferred tax assets are recognized for tax loss carried forward to the extent that the realization of the related tax benefit through future taxable profits is probable. These tax losses do not expire under current Hong Kong tax legislation. Under PRC tax laws, tax losses may be carried forward for 5 years and no carry-back is allowed. At June 30, 2022, the Company does not have available tax losses in the Hong Kong and PRC to utilize for future taxable profits.

CY2022Q2

us-gaap

Operating Loss Carryforwards

OperatingLossCarryforwards

16447000

usd

CY2022Q2

us-gaap

Operating Loss Carryforwards Valuation Allowance

OperatingLossCarryforwardsValuationAllowance

3453871

usd

nwcn

Operating Loss Carryforwards Expiration Year

OperatingLossCarryforwardsExpirationYear

expire on various from 2024 through 2037

CY2022Q2

nwcn

Operating Loss Carried Forward2024 To2028

OperatingLossCarriedForward2024To2028

2279147

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2029 To2033

OperatingLossCarriedForward2029To2033

892375

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2034 To2037

OperatingLossCarriedForward2034To2037

217937

usd

CY2022Q2

nwcn

Operating Loss Carried Forward Indefinitely

OperatingLossCarriedForwardIndefinitely

135335

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3496482

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2022Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Next Twelve Months

LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths

23077

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due Year Two

LesseeOperatingLeaseLiabilityPaymentsDueYearTwo

30769

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Undiscounted Excess Amount

LesseeOperatingLeaseLiabilityUndiscountedExcessAmount

53846

usd

CY2022Q2

nwcn

Les Imputed Interest

LesImputedInterest

-674

usd

CY2022Q2

us-gaap

Lessee Operating Lease Liability Payments Due

LesseeOperatingLeaseLiabilityPaymentsDue

53172

usd

CY2022Q2

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y1M28D

CY2021Q4

us-gaap

Operating Lease Weighted Average Remaining Lease Term1

OperatingLeaseWeightedAverageRemainingLeaseTerm1

P1Y8M26D

CY2022Q2

us-gaap

Operating Lease Weighted Average Discount Rate Percent

OperatingLeaseWeightedAverageDiscountRatePercent

0.0233

pure

nwcn

Operating Cash Outflows From Operating Lease

OperatingCashOutflowsFromOperatingLease

22349

usd

CY2021Q4

nwcn

Shares Granted Of Common Stock

SharesGrantedOfCommonStock

132172

shares

nwcn

Noncash Stockbased Compensation

NoncashStockbasedCompensation

24000

usd

CY2022Q2

us-gaap

Short Term Debt Percentage Bearing Fixed Interest Rate

ShortTermDebtPercentageBearingFixedInterestRate

0.015

pure

CY2022Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

43475

usd

CY2021Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

128025

usd

us-gaap

Debt Conversion Original Debt Amount1

DebtConversionOriginalDebtAmount1

2500000

usd

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

CY2022Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.05

CY2021Q4

nwcn

Shares Granted Of Common Stock

SharesGrantedOfCommonStock

132172

shares

nwcn

Noncash Stockbased Compensation

NoncashStockbasedCompensation

24000

usd

CY2022Q2

us-gaap

Short Term Debt Percentage Bearing Fixed Interest Rate

ShortTermDebtPercentageBearingFixedInterestRate

0.015

pure

CY2022Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

43475

usd

CY2021Q2

us-gaap

Interest Expense Related Party

InterestExpenseRelatedParty

128025

usd

us-gaap

Debt Conversion Original Debt Amount1

DebtConversionOriginalDebtAmount1

2500000

usd

CY2009Q3

nwcn

Description Of Exercise Period Under Agreement

DescriptionOfExercisePeriodUnderAgreement

Company and Keywin, of which the Company’s chief executive officer and director is the director and his spouse is the sole shareholder, entered into an Amendment, pursuant to which the Company agreed to extend the exercise period for the Keywin Option under the Note Exchange and Option Agreement between the Company and Keywin, to purchase an aggregate of 1,637,522 shares of our common stock for an aggregate purchase price of $2,000,000, from a three-month period ended on July 1, 2009, to a six-month period ended October 1, 2009. The exercise period for the Keywin option was subsequently further extended to a nine-month period ended January 1, 2010, pursuant to the Second Amendment. On January 1, 2010, the Company and Keywin entered into the third Amendment, pursuant to which the Company agreed to further extend the exercise period to an eighteen-month period ended on October 1, 2010, and provide the Company with the right to unilaterally terminate the exercise period upon 30 days’ written notice. On September 30, 2010, the exercise price was extended at various times from September 1, 2010 to December 31, 2017 and the Keywin Option was further extended to a hundred and twenty-nine-month period ending on January 1, 2020 and the exercise price changed to $0.99.

CY2021Q4

nwcn

Aggregate Shares Purchase

AggregateSharesPurchase

11764756

shares

CY2021Q4

nwcn

Aggregate Shares Purchase Price

AggregateSharesPurchasePrice

2000000

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2020Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3443596

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

28313

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

52886

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2009Q3

nwcn

Description Of Exercise Period Under Agreement

DescriptionOfExercisePeriodUnderAgreement

Company and Keywin, of which the Company’s chief executive officer and director is the director and his spouse is the sole shareholder, entered into an Amendment, pursuant to which the Company agreed to extend the exercise period for the Keywin Option under the Note Exchange and Option Agreement between the Company and Keywin, to purchase an aggregate of 1,637,522 shares of our common stock for an aggregate purchase price of $2,000,000, from a three-month period ended on July 1, 2009, to a six-month period ended October 1, 2009. The exercise period for the Keywin option was subsequently further extended to a nine-month period ended January 1, 2010, pursuant to the Second Amendment. On January 1, 2010, the Company and Keywin entered into the third Amendment, pursuant to which the Company agreed to further extend the exercise period to an eighteen-month period ended on October 1, 2010, and provide the Company with the right to unilaterally terminate the exercise period upon 30 days’ written notice. On September 30, 2010, the exercise price was extended at various times from September 1, 2010 to December 31, 2017 and the Keywin Option was further extended to a hundred and twenty-nine-month period ending on January 1, 2020 and the exercise price changed to $0.99.

CY2021Q4

nwcn

Aggregate Shares Purchase

AggregateSharesPurchase

11764756

shares

CY2021Q4

nwcn

Aggregate Shares Purchase Price

AggregateSharesPurchasePrice

2000000

usd

CY2022Q2

us-gaap

Net Income Loss

NetIncomeLoss

-186921

usd

CY2021Q2

us-gaap

Net Income Loss

NetIncomeLoss

-201431

usd

us-gaap

Net Income Loss

NetIncomeLoss

-459762

usd

us-gaap

Net Income Loss

NetIncomeLoss

-397064

usd

CY2022Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

21018190

shares

us-gaap

Weighted Average Number Of Shares Outstanding Basic

WeightedAverageNumberOfSharesOutstandingBasic

8774263

shares

CY2022Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

CY2021Q2

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

21018190

shares

us-gaap

Weighted Average Number Of Diluted Shares Outstanding

WeightedAverageNumberOfDilutedSharesOutstanding

8774263

shares

CY2022Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.01

CY2021Q2

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.02

nwcn

Net Loss Profit Per Common Shares Basic And Diluted

NetLossProfitPerCommonSharesBasicAndDiluted

-0.05

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

us-gaap

Tax Credit Carryforward Description

TaxCreditCarryforwardDescription

Under Hong Kong tax laws, deferred tax assets are recognized for tax loss carried forward to the extent that the realization of the related tax benefit through future taxable profits is probable. These tax losses do not expire under current Hong Kong tax legislation. Under PRC tax laws, tax losses may be carried forward for 5 years and no carry-back is allowed. At June 30, 2022, the Company does not have available tax losses in the Hong Kong and PRC to utilize for future taxable profits.

CY2022Q2

us-gaap

Operating Loss Carryforwards

OperatingLossCarryforwards

16447000

usd

CY2022Q2

us-gaap

Operating Loss Carryforwards Valuation Allowance

OperatingLossCarryforwardsValuationAllowance

3453871

usd

nwcn

Operating Loss Carryforwards Expiration Year

OperatingLossCarryforwardsExpirationYear

expire on various from 2024 through 2037

CY2022Q2

nwcn

Operating Loss Carried Forward2024 To2028

OperatingLossCarriedForward2024To2028

2279147

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2029 To2033

OperatingLossCarriedForward2029To2033

892375

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2034 To2037

OperatingLossCarriedForward2034To2037

217937

usd

CY2022Q2

nwcn

Operating Loss Carried Forward Indefinitely

OperatingLossCarriedForwardIndefinitely

135335

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3496482

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2020Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3443596

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

28313

usd

CY2022Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-186921

usd

CY2021Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-201431

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-459762

usd

us-gaap

Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest

IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

-397064

usd

us-gaap

Tax Credit Carryforward Description

TaxCreditCarryforwardDescription

Under Hong Kong tax laws, deferred tax assets are recognized for tax loss carried forward to the extent that the realization of the related tax benefit through future taxable profits is probable. These tax losses do not expire under current Hong Kong tax legislation. Under PRC tax laws, tax losses may be carried forward for 5 years and no carry-back is allowed. At June 30, 2022, the Company does not have available tax losses in the Hong Kong and PRC to utilize for future taxable profits.

CY2022Q2

us-gaap

Operating Loss Carryforwards

OperatingLossCarryforwards

16447000

usd

CY2022Q2

us-gaap

Operating Loss Carryforwards Valuation Allowance

OperatingLossCarryforwardsValuationAllowance

3453871

usd

nwcn

Operating Loss Carryforwards Expiration Year

OperatingLossCarryforwardsExpirationYear

expire on various from 2024 through 2037

CY2022Q2

nwcn

Operating Loss Carried Forward2024 To2028

OperatingLossCarriedForward2024To2028

2279147

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2029 To2033

OperatingLossCarriedForward2029To2033

892375

usd

CY2022Q2

nwcn

Operating Loss Carried Forward2034 To2037

OperatingLossCarriedForward2034To2037

217937

usd

CY2022Q2

nwcn

Operating Loss Carried Forward Indefinitely

OperatingLossCarriedForwardIndefinitely

135335

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2022Q2

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3496482

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2021Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

CY2020Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3443596

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

28313

usd

us-gaap

Valuation Allowance Deferred Tax Asset Change In Amount

ValuationAllowanceDeferredTaxAssetChangeInAmount

52886

usd

CY2022Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3524795

usd

CY2021Q2

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

3496482

usd

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$NWCN
NETWORK CN INC Stock $nwcn

2022 Q2 Form 10-Q Financial Statement

#000121465922015304 Filed on December 23, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NWCN NETWORK CN INC Stock $nwcn

2022 Q2 Form 10-Q Financial Statement

#000121465922015304 Filed on December 23, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NWCN
NETWORK CN INC Stock $nwcn