$NWCN
NETWORK CN INC Stock $nwcn

$nwcn Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-Q Financial Statement

#000121465923007003 Filed on May 15, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2022 Q1
Revenue	$248.4K	$83.96K	$0.00
YoY Change
Cost Of Revenue	$248.7K	$65.66K	$0.00
YoY Change
Gross Profit	-$215.00	$18.30K
YoY Change
Gross Profit Margin	-0.09%	21.8%
Selling, General & Admin	$247.2K	$234.8K	$189.8K
YoY Change	30.22%	-51.75%	188.99%
% of Gross Profit		1283.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$343.00	$68.85K	$11.40K
YoY Change	-96.99%	359.0%	22690.0%
% of Gross Profit		376.23%
Operating Expenses	$369.7K	$234.8K	$189.8K
YoY Change	94.76%	-51.75%	188.98%
Operating Profit	-$369.9K	-$216.5K	-$189.8K
YoY Change	94.88%	-55.51%	188.98%
Interest Expense	$48.34K	-$72.73K	-$83.04K
YoY Change	-158.21%	-44.04%	-36.1%
% of Operating Profit
Other Income/Expense, Net	$2.359K	$520.00
YoY Change
Pretax Income	-$442.3K	-$288.7K	-$272.8K
YoY Change	62.13%	-53.13%	39.47%
Income Tax		$0.00
% Of Pretax Income
Net Earnings	-$442.3K	-$288.7K	-$272.8K
YoY Change	62.13%	-53.13%	39.47%
Net Earnings / Revenue	-178.05%	-343.85%
Basic Earnings Per Share	-$0.02
Diluted Earnings Per Share	-$0.02	-$0.01	-$12.98K
COMMON SHARES
Basic Shares Outstanding	23.67M shares	20.75M shares	21.02M shares
Diluted Shares Outstanding	23.67M shares		21.02M shares

Balance Sheet

Concept	2023 Q1	2022 Q4	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$27.90K	$20.35K	$1.550K
YoY Change	1700.0%	-6.13%	-74.46%
Cash & Equivalents	$27.90K	$0.00	$1.546K
Short-Term Investments
Other Short-Term Assets	$23.86K	$8.080K	$15.39K
YoY Change	55.04%	-59.25%	-84.61%
Inventory	$67.68K
Prepaid Expenses	$6.103K	$8.081K	$15.39K
Receivables	$214.2K	$74.78K
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$333.6K	$103.2K	$16.93K
YoY Change	1870.3%	148.68%	-84.04%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.084K	$2.427K	$3.456K
YoY Change	-39.7%	-7.75%	528.36%
Goodwill
YoY Change
Intangibles		$306.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$1.781M	$380.8K	$67.84K
YoY Change	2525.19%	387.25%	12233.82%
TOTAL ASSETS
Total Short-Term Assets	$333.6K	$103.2K	$16.93K
Total Long-Term Assets	$1.781M	$380.8K	$67.84K
Total Assets	$2.114M	$484.0K	$84.77K
YoY Change	2394.38%	304.5%	-20.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$469.7K	$76.60K
YoY Change		-97.05%
Accrued Expenses	$3.097M	$2.630M	$2.167M
YoY Change	42.93%	5749.49%
Deferred Revenue
YoY Change
Short-Term Debt	$1.241M	$1.165M	$1.054M
YoY Change	17.7%	-60.8%	-64.54%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.908M	$3.972M	$3.322M
YoY Change	47.76%	-29.26%	-55.29%
LONG-TERM LIABILITIES
Long-Term Debt	$2.836M	$2.817M	$2.764M
YoY Change	2.61%	336.82%	328.49%
Other Long-Term Liabilities	$14.51K	$31.89K	$19.16K
YoY Change	-24.27%	4.35%
Total Long-Term Liabilities	$2.850M	$2.849M	$2.783M
YoY Change	2.42%	321.78%	331.46%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.908M	$3.972M	$3.322M
Total Long-Term Liabilities	$2.850M	$2.849M	$2.783M
Total Liabilities	$7.759M	$6.822M	$6.105M
YoY Change	27.09%	8.44%	-24.4%
SHAREHOLDERS EQUITY
Retained Earnings	-$139.8M	-$139.4M	-$138.7M
YoY Change	0.79%	0.67%
Common Stock	$132.5M	$131.3M	$131.0M
YoY Change	1.12%	0.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$5.644M	-$6.338M	-$6.020M
YoY Change
Total Liabilities & Shareholders Equity	$2.114M	$484.0K	$84.77K
YoY Change	2394.38%	304.5%	-20.5%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2022 Q1
OPERATING ACTIVITIES
Net Income	-$442.3K	-$288.7K	-$272.8K
YoY Change	62.13%	-53.13%	39.47%
Depreciation, Depletion And Amortization	$343.00	$68.85K	$11.40K
YoY Change	-96.99%	359.0%	22690.0%
Cash From Operating Activities	-$65.58K	-$11.29K	-$105.2K
YoY Change	-37.68%	-90.65%	-87789.17%
INVESTING ACTIVITIES
Capital Expenditures		$0.00	$1.078K
YoY Change		-100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		$0.00	-$1.078K
YoY Change		-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$75.60K	27.75K	$86.17K
YoY Change	-12.27%	-79.97%
NET CHANGE
Cash From Operating Activities	-$65.58K	-11.29K	-$105.2K
Cash From Investing Activities		0.000	-$1.078K
Cash From Financing Activities	$75.60K	27.75K	$86.17K
Net Change In Cash	$7.547K	16.46K	-$20.13K
YoY Change	-137.49%	7.3%	-16875.83%
FREE CASH FLOW
Cash From Operating Activities	-$65.58K	-$11.29K	-$105.2K
Capital Expenditures		$0.00	$1.078K
Free Cash Flow	-$65.58K	-$11.29K	-$106.3K
YoY Change	-38.31%	-90.46%	-88687.5%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000934796
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q4	us-gaap	Inventory Net InventoryNet		usd
CY2023Q1	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2022Q1	us-gaap	Revenues Revenues		usd
CY2022Q1	us-gaap	Cost Of Revenue CostOfRevenue		usd
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CY2022Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization		usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation		usd
CY2022Q1	us-gaap	Interest And Other Income InterestAndOtherIncome		usd
CY2022Q1	nwcn	Sundry Income SundryIncome		usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense		usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax		usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax		usd
CY2023Q1	nwcn	Shares Issued For Intangible Assets SharesIssuedForIntangibleAssets		usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets		usd
CY2023Q1	nwcn	Stock Issued For Services StockIssuedForServices		usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable		usd
CY2022Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories		usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
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CY2023Q1	nwcn	Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote		usd
CY2022Q1	nwcn	Recognition Of Rightofuse Assets And Lease Liabilities RecognitionOfRightofuseAssetsAndLeaseLiabilities		usd
CY2022Q1	nwcn	Stockbased Compensation For Stock Granted For Intangible Assets StockbasedCompensationForStockGrantedForIntangibleAssets		usd
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CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent		usd
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CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods		usd
CY2023Q1	us-gaap	Inventory Adjustments InventoryAdjustments		usd
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CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour		usd
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CY2022Q4	nwcn	Payment In Advance PaymentInAdvance		usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour		usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive		usd
CY2023Q1	nwcn	Incremental Common Shares Attributable To Dilutive Securities IncrementalCommonSharesAttributableToDilutiveSecurities		shares
CY2022Q1	nwcn	Incremental Common Shares Attributable To Dilutive Securities IncrementalCommonSharesAttributableToDilutiveSecurities		shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants		shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants		shares
CY2023Q1	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities		usd
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CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	000-30264
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	NETWORK CN INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	90-0370486
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	Unit 705B, 7/F, New East Ocean Centre
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	9 Science Museum Road
CY2023Q1	dei	Entity Address Address Line3 EntityAddressAddressLine3	Tsim Sha Tsui
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Kowloon
CY2023Q1	dei	Entity Address Country EntityAddressCountry	HK
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	00000
CY2023Q1	dei	City Area Code CityAreaCode	852
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	9625-0097
CY2023Q1	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value
CY2023Q1	dei	Trading Symbol TradingSymbol	NWCN
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	23421823	shares
CY2023Q1	us-gaap	Cash Cash	27898	usd
CY2022Q4	us-gaap	Cash Cash	20351	usd
CY2023Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	214148	usd
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CY2023Q1	nwcn	Net Loss Profit Per Common Share Basic And Diluted NetLossProfitPerCommonShareBasicAndDiluted	-0.02
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CY2023Q1	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	23674995	shares
CY2022Q1	nwcn	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	21018190	shares
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
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-6337754	usd
CY2023Q1	nwcn	Stockbased Compensation For Stock Granted For Intangible Assets StockbasedCompensationForStockGrantedForIntangibleAssets	1136258	usd
CY2023Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-573	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-442347	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-5644416	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-442347	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-272841	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	343	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	253	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	74529	usd
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	11142	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	122503	usd
CY2023Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	18405	usd
CY2022Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	18785	usd
CY2022Q1	nwcn	Stock Issued For Services StockIssuedForServices	-24000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	139365	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	67682	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	15782	usd
CY2022Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-4443	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-234205	usd
CY2022Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-11142	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	618023	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	120133	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-65578	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-105227	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1078	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1078	usd
CY2023Q1	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	75602	usd
CY2022Q1	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	86174	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	75602	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	86174	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-2477	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	7547	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-20131	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	20351	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	21677	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	27898	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1546	usd
CY2022Q1	nwcn	Settlement Of Short Term Loan By Conversion To Convertible Note SettlementOfShortTermLoanByConversionToConvertibleNote	2005000	usd
CY2022Q1	nwcn	Settlement Of Short Term Loan Interest Payable By Conversion To Convertible Note SettlementOfShortTermLoanInterestPayableByConversionToConvertibleNote	495000	usd
CY2023Q1	nwcn	Recognition Of Rightofuse Assets And Lease Liabilities RecognitionOfRightofuseAssetsAndLeaseLiabilities	459232	usd
CY2023Q1	nwcn	Stockbased Compensation For Stock Granted For Intangible Assets StockbasedCompensationForStockGrantedForIntangibleAssets	1136258	usd
CY2023Q1	nwcn	Issuance Of Shares For Intangible Assets IssuanceOfSharesForIntangibleAssets	607	usd
CY2023Q1	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_801_eus-gaap--NatureOfOperations_z7yguKW7IIq2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><b> </b></p> <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: 81pt"><b>NOTE 1.</b></td><td><b><span id="xdx_827_zyKunytu5Mdi">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, Network CN Inc., has been principally engaged in the provision of out-of-home advertising in China through the operation of a network of roadside LED 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 March 31, 2023, 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 2023 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>Our Business in Chengdu and Tianjin</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">The Company actively developing its advertising network and explored new media project in Chengdu and Tianjin, China. The Company has established two newly subsidiaries, NCN (Chengdu) Culture Media Co., Ltd, (“NCN Chengdu”) and NCN (Tianjin) Culture Co., Ltd (“NCN Tianjin”), a wholly foreign-owned enterprise in Chengdu and Tianjin, China. The Company owns 100% of the established subsidiary companies. In January 2023, NCN Chengdu and Tianjin started its operation and acquired rights to operate advertising panels in Chengdu and Tianjin. <span style="background-color: white">On April 25, 2023, the Company agreed to issue <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20230401__20230425__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--TitleOfIndividualAxis__custom--QiHaoMember_pdd" title="Agreed to issued shsares">933,964</span> and <span id="xdx_904_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20230401__20230425__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__srt--TitleOfIndividualAxis__custom--YangWuQiangMember_pdd" title="Agreed to issued shsares">1,131,960</span> restricted shares of the Company’s common stock to the employee, Qi Hao and Yang Wu Qiang, respectively. On January 1, 2023, NCN Chengdu and Tianjin entered into an employment contract with Qi Hao and Yang Wu Qiang (“the employees”) under which the employees agreed to bring in the advertising rights in Chengdu and Tianjin to the Company and the Company will reward him for <span id="xdx_900_ecustom--RewardOfShares_c20230102__srt--TitleOfIndividualAxis__custom--ChengduMember_pdd" title="Reward of shares">933,964</span> and <span id="xdx_900_ecustom--RewardOfShares_c20230102__srt--TitleOfIndividualAxis__custom--TianjinMember_pdd" title="Reward of shares">1,131,960</span> shares of the Company’s common stock. </span></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"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Our Business in Ningbo</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">The Company explored new media project in Ningbo, China and decided to restart its business and expects that will improve the Company’s future financial performance. In April 2022, the Company has established a newly subsidiary, NCN (Ningbo) Culture Media Co., Ltd (“NCN Ningbo”), a wholly foreign-owned enterprise in Ningbo, China. The Company owns 100% of the established subsidiary company, NCN Ningbo. In August 2022, NCN Ningbo started its operation and acquired rights to operate advertising panels in Ningbo, China and sell advertising airtime to our customers directly. <span style="background-color: white">On February 1, 2023, the Company agreed to issue 606,881 restricted shares of the Company’s common stock to the employee, Chen Zhu. On October 1, 2022, NCN Ningbo entered into an employment contract with Chen Zhu (“the employee”) under which the employee agreed to bring in the advertising rights in Ningbo to the Company and the Company will reward him for 606,881 shares of the Company’s common stock. </span></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"><b>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_903_eus-gaap--CommonStockSharesAuthorized_c20200428_pdd" title="Common stock, authorized">26,666,667</span> 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. On March 22, 2023, the Board of Directors and Majority of stockholders of the Company approved to decrease the total number of authorized shares of Common Stock from <span id="xdx_90A_eus-gaap--CommonStockSharesAuthorized_iI_c20230331_zneUC7Yeh558" title="Common stock, authorized"><span id="xdx_90F_eus-gaap--CommonStockSharesAuthorized_iI_c20221231_zcoZwnD8SXG3">100,000,000,000</span></span> to 100,000,000.</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"><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_90C_eus-gaap--NetIncomeLoss_iN_pp0p0_di_c20230101__20230331_zOBOBgAjxo13" title="Net loss">442,347</span> for the three months ended March 31, 2023. As of March 31, 2023, and December 31, 2022, the Company has stockholders’ deficit of $<span id="xdx_906_eus-gaap--StockholdersEquity_iNI_pp0p0_di_c20230331_zQM7uhUfYRS3" title="Stockholders' deficits">5,644,416</span> and $<span id="xdx_90B_eus-gaap--StockholdersEquity_iNI_pp0p0_di_c20221231_zmeJKGgoEFi1" title="Stockholders' deficits">6,337,754</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"/>
CY2020Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	26666667	shares
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000000	shares
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-442347	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-5644416	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-6337754	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_843_eus-gaap--UseOfEstimates_zJ12yBnFqHw8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>(C) <span id="xdx_868_zcdvnSO902si">Use of Estimates</span></i></b></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 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.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q1	us-gaap	Accounts Receivable Gross AccountsReceivableGross	214148	usd
CY2022Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	74783	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	-0	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	-0	usd
CY2023Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	214148	usd
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	74783	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1470043	usd
CY2023Q1	nwcn	Prepaid Advertising Rights PrepaidAdvertisingRights	17760	usd
CY2022Q4	nwcn	Prepaid Advertising Rights PrepaidAdvertisingRights	8081	usd
CY2023Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	6103	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	23863	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	8081	usd
CY2023Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	67682	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	67682	usd
CY2023Q1	us-gaap	Inventory Write Down InventoryWriteDown	0	usd
CY2022Q1	us-gaap	Inventory Write Down InventoryWriteDown	0	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	333785	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-150318	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-27815	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1319725	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	305970	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	122503	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	367510	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	490016	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	462199	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1319725	usd
CY2023Q1	nwcn	Operating Lease Right Of Use Asset Cost OperatingLeaseRightOfUseAssetCost	538201	usd
CY2022Q4	nwcn	Operating Lease Right Of Use Asset Cost OperatingLeaseRightOfUseAssetCost	80870	usd
CY2023Q1	us-gaap	Property Subject To Or Available For Operating Lease Accumulated Depreciation PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation	79188	usd
CY2022Q4	us-gaap	Property Subject To Or Available For Operating Lease Accumulated Depreciation PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation	8463	usd
CY2023Q1	nwcn	Operating Lease Right Of Use Assets OperatingLeaseRightOfUseAssets	459013	usd
CY2022Q4	nwcn	Operating Lease Right Of Use Assets OperatingLeaseRightOfUseAssets	72407	usd
CY2023Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	74529	usd
CY2022Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	11142	usd
CY2023Q1	nwcn	Accounts Payable AccountsPayable	416307	usd
CY2022Q4	nwcn	Accounts Payable AccountsPayable	76601	usd
CY2023Q1	nwcn	Payment In Advance PaymentInAdvance	53361	usd
CY2023Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2249900	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2153063	usd
CY2023Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	74314	usd
CY2022Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	93171	usd
CY2023Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	270508	usd
CY2022Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	214094	usd
CY2023Q1	nwcn	Franchise Tax Payable FranchiseTaxPayable	92300	usd
CY2022Q4	nwcn	Franchise Tax Payable FranchiseTaxPayable	92300	usd
CY2023Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	132186	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	41625	usd
CY2023Q1	us-gaap	Accounts Payable Other Current And Noncurrent AccountsPayableOtherCurrentAndNoncurrent	100491	usd
CY2022Q4	us-gaap	Accounts Payable Other Current And Noncurrent AccountsPayableOtherCurrentAndNoncurrent	100491	usd
CY2023Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	3389367	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2771345	usd
CY2023Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	1240974	usd
CY2022Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	1165372	usd
CY2023Q1	nwcn	Interest Expense On Short Term Debt InterestExpenseOnShortTermDebt	48659	usd
CY2022Q1	nwcn	Interest Expense On Short Term Debt InterestExpenseOnShortTermDebt	57729	usd
CY2022Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	645000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	2500000	usd
CY2023Q1	nwcn	Allocated Intrinsic Value Of Beneficial Conversion Feature AllocatedIntrinsicValueOfBeneficialConversionFeature	-400000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	72485	usd
CY2023Q1	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	2817485	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	18405	usd
CY2023Q1	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	2835890	usd
CY2023Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	18405	usd
CY2022Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	18785	usd
CY2023Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	7755	usd
CY2022Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	6522	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	74529	usd
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	11142	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	261788	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	30114	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	8676	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	300578	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	7980	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	292598	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	14509	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	278089	usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P1Y4M24D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P1Y8M15D
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0470	pure
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0460	pure
CY2023Q1	nwcn	Operating Cash Outflows From Operating Lease OperatingCashOutflowsFromOperatingLease	234205	usd
CY2022Q1	nwcn	Operating Cash Outflows From Operating Lease OperatingCashOutflowsFromOperatingLease	11142	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2021Q4	nwcn	Shares Granted Of Common Stock SharesGrantedOfCommonStock	132172	shares
CY2023Q1	nwcn	Noncash Stockbased Compensation NoncashStockbasedCompensation	0	usd
CY2022Q1	nwcn	Noncash Stockbased Compensation NoncashStockbasedCompensation	24000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	48338	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	57409	usd
CY2023Q1	us-gaap	Debt Conversion Original Debt Amount1 DebtConversionOriginalDebtAmount1	2500000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-442347	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-272841	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23674995	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21018190	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	23674995	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21018190	shares
CY2023Q1	nwcn	Net Loss Profit Per Common Shares Basic And Diluted NetLossProfitPerCommonSharesBasicAndDiluted	-0.02
CY2022Q1	nwcn	Net Loss Profit Per Common Shares Basic And Diluted NetLossProfitPerCommonSharesBasicAndDiluted	-0.01
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-442347	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-272841	usd
CY2023Q1	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 March 31, 2023, the Company does not have available tax losses in the Hong Kong and PRC to utilize for future taxable profits.
CY2023Q1	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	17184025	usd
CY2023Q1	us-gaap	Operating Loss Carryforwards Valuation Allowance OperatingLossCarryforwardsValuationAllowance	3603606	usd
CY2023Q1	nwcn	Operating Loss Carryforwards Expiration Year OperatingLossCarryforwardsExpirationYear	expire on various from 2024 through 2037
CY2023Q1	nwcn	Operating Loss Carried Forward2024 To2028 OperatingLossCarriedForward2024To2028	2279147	usd
CY2023Q1	nwcn	Operating Loss Carried Forward2029 To2033 OperatingLossCarriedForward2029To2033	892375	usd
CY2023Q1	nwcn	Operating Loss Carried Forward2034 To2037 OperatingLossCarriedForward2034To2037	217937	usd
CY2023Q1	nwcn	Operating Loss Carried Forward Indefinitely OperatingLossCarriedForwardIndefinitely	214147	usd
CY2023Q1	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	3603606	usd
CY2023Q1	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	3603606	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	3567272	usd
CY2023Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3603606	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3567272	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3567272	usd
CY2021Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3496482	usd
CY2023Q1	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	36334	usd
CY2022Q1	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	70790	usd
CY2023Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3603606	usd
CY2022Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3567272	usd

Files In Submission

Name	View Source	Status
0001214659-23-007003-index-headers.html	Edgar Link	pending
0001214659-23-007003-index.html	Edgar Link	pending
0001214659-23-007003.txt	Edgar Link	pending
0001214659-23-007003-xbrl.zip	Edgar Link	pending
d5923010q.htm	Edgar Link	pending
ex31_1.htm	Edgar Link	pending
ex31_2.htm	Edgar Link	pending
ex32_1.htm	Edgar Link	pending
ex32_2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
nwcn-20230331.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
nwcn-20230331_cal.xml	Edgar Link	unprocessable
d5923010q_htm.xml	Edgar Link	completed
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R55.htm	Edgar Link	pending
nwcn-20230331_lab.xml	Edgar Link	unprocessable
nwcn-20230331_pre.xml	Edgar Link	unprocessable
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
nwcn-20230331_def.xml	Edgar Link	unprocessable

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$NWCN
NETWORK CN INC Stock $nwcn

2023 Q1 Form 10-Q Financial Statement

#000121465923007003 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NWCN NETWORK CN INC Stock $nwcn

2023 Q1 Form 10-Q Financial Statement

#000121465923007003 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NWCN
NETWORK CN INC Stock $nwcn