| Cover - shares | 3 Months Ended | |
| Mar. 31, 2021 | May 17, 2021 | |
| Cover [Abstract] | ||
| Document Type | 10-Q | |
| Amendment Flag | false | |
| Document Period End Date | Mar. 31, 2021 | |
| Document Fiscal Period Focus | Q1 | |
| Document Fiscal Year Focus | 2021 | |
| Current Fiscal Year End Date | --12-31 | |
| Entity File Number | 333-174581 | |
| Entity Registrant Name | SOLLENSYS CORP. | |
| Entity Central Index Key | 0001519177 | |
| Entity Incorporation, State or Country Code | NV | |
| Entity Current Reporting Status | Yes | |
| Entity Interactive Data Current | Yes | |
| Entity Filer Category | Non-accelerated Filer | |
| Entity Small Business | true | |
| Entity Emerging Growth Company | true | |
| Elected Not To Use the Extended Transition Period | false | |
| Entity Shell Company | false | |
| Entity Common Stock, Shares Outstanding | 99,546,913 |
| Consolidated Balance Sheet (Unaudited) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 |
| Current assets: | ||
| Cash and cash equivalents | $ 22,151 | $ 129,624 |
| Inventory | 54,000 | 54,000 |
| Total current assets | 76,151 | 183,624 |
| Total assets | 76,151 | 183,624 |
| Current liabilities: | ||
| Accounts payable | 42,508 | 0 |
| Accrued expenses | 117,695 | 46,134 |
| Customer deposits - short term | 71,429 | 17,143 |
| Total current liabilities | 231,632 | 63,277 |
| Customer deposits - long term | 210,000 | 72,857 |
| Total liabilities | 441,632 | 136,134 |
| Commitments and contingencies | ||
| Stockholders' Equity: | ||
| Preferred stock, Series A, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of March 31, 2021 and December 31, 2020 | 0 | 0 |
| Common stock, $0.001 par value, 300,000,000 shares authorized; 99,391,119 and 99,354,547 shares issued and outstanding as of March 31, 2021, and December 31, 2020, respectively | 99,392 | 99,355 |
| Paid in capital | 3,501,677 | 3,390,213 |
| Accumulated deficit | (3,966,550) | (3,442,078) |
| Total stockholders' equity (deficit) | (365,481) | 47,490 |
| Total liabilities and equity | $ 76,151 | $ 183,624 |
| Consolidated Balance Sheet (Unaudited) (Parenthetical) - $ / shares | Mar. 31, 2021 | Dec. 31, 2020 |
| Statement of Financial Position [Abstract] | ||
| Preferred stock, par value | $ .001 | $ 0.001 |
| Preferred stock, authorized | 10,000,000 | 10,000,000 |
| Preferred stock, issued | 0 | 0 |
| Preferred stock, outstanding | 0 | 0 |
| Common stock, par value | $ .001 | $ 0.001 |
| Common stock, authorized | 300,000,000 | 300,000,000 |
| Common stock, issued | 99,391,119 | 99,354,547 |
| Common stock, outstanding | 99,391,119 | 99,354,547 |
| Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
| Mar. 31, 2021 | Mar. 31, 2020 | |
| Income Statement [Abstract] | ||
| Revenue - subscriptions | $ 71,429 | $ 0 |
| Cost of sales | 32,344 | 0 |
| Gross profit | 39,085 | 0 |
| Operating expenses: | ||
| General and administrative | 563,557 | 0 |
| General and administrative - related party | 0 | 10,062 |
| Total operating expenses | 563,557 | 10,062 |
| Income (loss) from operations | (524,472) | (10,062) |
| Other income (expense): | ||
| Total other income (expense) | 0 | 0 |
| Income (loss) before income taxes | (524,472) | (10,062) |
| Provision benefit for income taxes | 0 | 0 |
| Net loss | $ (524,472) | $ (10,062) |
| Basic and diluted earnings (loss) per common share | $ (.00) | $ (.00) |
| Weighted-average number of common shares outstanding: | ||
| Basic and diluted | 99,374,928 | 4,183,962 |
| Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) | Preferred Stock Series A | Common Stock | Additional Paid-in Capital | Retained Earnings (Deficit) | Total |
| Beginning balance, shares at Dec. 31, 2019 | 0 | 4,183,962 | |||
| Beginning balance, amount at Dec. 31, 2019 | $ 0 | $ 4,184 | $ 497,891 | $ (603,884) | $ (101,809) |
| Net income (loss) | (10,062) | (10,062) | |||
| Ending balance, shares at Mar. 31, 2020 | 0 | 4,183,962 | |||
| Ending balance, amount at Mar. 31, 2020 | $ 0 | $ 4,184 | 497,891 | (613,946) | (111,871) |
| Beginning balance, shares at Dec. 31, 2020 | 0 | 99,354,547 | |||
| Beginning balance, amount at Dec. 31, 2020 | $ 0 | $ 99,355 | 3,390,213 | (3,442,078) | 47,490 |
| Private placement of common shares, shares | 36,572 | ||||
| Private placement of common shares, amount | $ 37 | 111,464 | 111,501 | ||
| Net income (loss) | (524,472) | (524,472) | |||
| Ending balance, shares at Mar. 31, 2021 | 0 | 99,391,119 | |||
| Ending balance, amount at Mar. 31, 2021 | $ 0 | $ 99,392 | $ 3,501,677 | $ (3,966,550) | $ (365,481) |
| Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
| Mar. 31, 2021 | Mar. 31, 2020 | |
| Cash flows from operating activities of continuing operations: | ||
| Net loss | $ (524,472) | $ (10,062) |
| Changes in operating assets and liabilities: | ||
| Customer deposits | 191,429 | 0 |
| Accounts payable | 42,508 | 0 |
| Accrued expenses | 71,561 | 0 |
| Net cash used in operating activities | (218,974) | (10,062) |
| Cash flows from financing activities: | ||
| Proceeds for the sale of common stock | 111,501 | 0 |
| Related party loans | 0 | 10,062 |
| Net cash provided by financing activities | 111,501 | 10,062 |
| Net increase (decrease) in cash and cash equivalents | (107,473) | 0 |
| Cash and cash equivalents at beginning of period | 129,624 | 0 |
| Cash and cash equivalents at end of period | 22,151 | 0 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for interest | 0 | 0 |
| Cash paid for income taxes | $ 0 | $ 0 |
| 1. ORGANIZATION AND DESCRIPTION OF BUSINESS | 3 Months Ended |
| Mar. 31, 2021 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| ORGANIZATION AND DESCRIPTION OF BUSINESS | Sollensys Corp (“Sollensys” or the “Company”) was formerly a development stage company, incorporated in Nevada on September 29, 2010, under the name Health Directory, Inc On November 30, 2020, Sollensys entered into a share exchange agreement (the “Share Exchange Agreement”) with (i) Eagle Lake a Florida corporation, (ii) each of the shareholders of Eagle Lake (the “Eagle Lake Shareholders”), and (iii) Donald Beavers as the representative of the Eagle Lake Shareholders (the “Shareholders’ Representative”). Among other conditions to the closing of the transactions contemplated by the Share Exchange Agreement (the “Closin g Eagle Lake is a Florida-based science, technology, and engineering solutions corporation offering products that ensure their clients' data integrity through the collection, storage, and transmission. The Company expects to generate revenue with Eagle’s innovative flagship product, the Blockchain Archive Server™ that can be utilized to protect client data from ransomware. Blockchain technology is a leading-edge tool for data security, providing an added layer of security against data loss due to malware. On December 29, 2020, the Company’s Board approved the change in the Company’s fiscal year-end from March 31 to December 31. Common Control Accounting Treatment Sollensys Corporation and Eagle Lake Laboratories were under the common control of the CEO before and after the date of transfer. As a result, the Company adopted the guidance in ASC 805-50-05-5 for the transfer of net assets between entities under common control to apply a method similar to the pooling-of-interests-method. Under the method, the financial statements of the Company shall report results of operations for the period in which the transfer occurs as though the transfer of the net assets had occurred at the beginning of the period. Results of operations for the period will thus comprise both those of the previously separate entities combined from the beginning of the period to the date the transfer is completed and those of the combined operations from that date to the end of the period. Similarly, the Company shall present the statements of financial position and other financial information presented as of the beginning of the period as though the assets and liabilities had been transferred at that date. Financial statements and financial information presented for prior years also shall be retrospectively adjusted to furnish comparative information. Reverse Stock Split On October 14, 2020, the Company filed with the Secretary of State of Nevada a Certificate of Amendment to its Articles of Incorporation (the “Amendment”) to effect a 1-for-120 reverse stock split (the “Reverse Split”) of the Company’s issued and outstanding common stock, par value $0.001 per share (“Common Stock”). Pursuant to the Amendment, effective as of October 30, 2020, every one hundred and twenty (120) shares of the issued and outstanding Common Stock will be converted into one share of Common Stock, without any change in the par value per share. The 1 for 120 Reverse Split became effective on November 2, 2020. Following the effectiveness of the Reverse Split, on November 2, 2020, the number of authorized shares of common stock was reduced from 12,000,000,000 shares to 300,000,000. Additionally, following the Reverse Split, Eagle’s 11,400,000,000 common shares was adjusted to 95,000,000 shares and they continued to maintain 95.8% of the total of 99,193,962 common shares outstanding. No fractional shares of common stock were issued in connection with the Reverse Split. If, as a result of the Reverse Split, a shareholder would otherwise hold a fractional share, the shareholder received, instead of the issuance of such fractional share, one whole share of common stock. As a result, 143,585 additional shares were issued due to the rounding up fractional shares. |
| 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 3 Months Ended |
| Mar. 31, 2021 | |
| Accounting Policies [Abstract] | |
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), which is the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) in the United States. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Eagle Lake. All intercompany accounts and transactions are eliminated in consolidation. Going Concern The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these consolidated financial statements. The Company has incurred significant operating losses since its inception. As of March 31, 2021, the Company had a working capital deficit of $155,481 and an accumulated deficit of $3,966,550. The Company expect to generate operating cash flow that will be sufficient to fund presently anticipated operations although there can be no assurance. This raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing to supplement expected cash flow. Historically, the Company has raised capital through private placements, as an interim measure to finance working capital needs and may continue to raise additional capital through the sale of common stock or other securities and obtaining some short-term loans. The Company will be required to continue to do so until its operations become profitable. The Company may attempt to raise capital in the near future through the sale of equity or debt financing; however, there can be assurances the Company will be successful in doing so. There can be no assurance that such additional financing will be available to the Company on acceptable terms or at all. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of expenses during the reporting period. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these consolidated financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. Management’s Representation of Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto at December 31, 2020, as presented in the Company’s Annual Report on Form 10-KT filed on March 31, 2021, with the SEC. Revenue Recognition Revenues are accounted for in accordance with the Financial Accounting Standards Board issued ASU 2014-09 (Revenue from Contracts with Customers (Topic 606). The amount of revenue recognized reflects the consideration which the Company expects to be entitled to receive in exchange for the products and/or services. To achieve this principle, the Company applies the following five steps: 1. Identify the contract with the customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to performance obligations in the contract, and 5. Recognize revenue when or as the Company satisfies a performance obligation. The Company recognizes revenue when the control of the products is transferred to the Company’s customer, in an amount that reflects the consideration the Company expects to be entitled to in exchange for these products. Control is generally transferred when products are delivered. The Company’s revenue contracts generally represent a single performance obligation to sell its products to customers. Additionally, the Company recognizes revenue when a service is completed thereby completing a performance obligation. Customer Deposits Under the terms of these existing Regional Service Center contracts the Company requires a substantial deposit in advance of the support work required to be performed by the Company. All deposits that have not been deemed earned by the Company following the guidelines of ASC 606 are considered to be liabilities on the Company’s balance sheet. As of March 31, 2021 the current balance of deposits was $71,429 and the long-term balance was $210,000 , compared to $17,143 and $72,857, for the period ended March 31, 2020, respectively. Cash and cash equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. On March 31, 2020, and December 31, 2020, the Company’s cash equivalents totaled $22,151 and $129,624, respectively. Stock-based Compensation The Company accounts for stock-based compensation using the fair value method following the guidance outlined in Section 718-10 of the FASB ASC for disclosure about stock-based compensation. This section requires a public entity to measure the cost of employee and non-employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized over the period during which service is provided. No compensation cost is recognized for equity instruments for which service is not provided or rendered. Related party transactions The Company follows ASC 850, Related Party Disclosures Net Loss per Share Net loss per common share is computed by dividing net loss by the weighted average common shares outstanding during the period as defined by ASC Topic 260, “Earnings per Share.” Basic earnings per common share calculations are determined by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income (loss) by the weighted average number of common shares and dilutive common share equivalents outstanding. As of March 31, 2021 there were no common stock equivalents. |
| 3. ACCRUED EXPENSES | 3 Months Ended |
| Mar. 31, 2021 | |
| Accounts Payable and Accrued Liabilities, Current [Abstract] | |
| ACCRUED EXPENSES | As of March 31, 2021, and December 31, 2020, the balances of accrued expenses were $117,695 and $46,134 respectively. The accrued expenses as of March 31, 2020, were comprised of $23,452 in credit card payables, 47,143 liabilities associated with maintaining the company’s servers, and $47,100 in miscellaneous liabilities. |
| 4. STOCKHOLDERS' EQUITY | 3 Months Ended |
| Mar. 31, 2021 | |
| Stockholders' Equity: | |
| STOCKHOLDERS' EQUITY | Series A Preferred Stock On March 21, 2020, the Company filed a Certificate of Designation to authorize 25,000,000 shares of Series A preferred stock at a par value of $0.001. Among other rights, the holders of Series A preferred stock have the right to convert each share of Series A preferred stock into 50 shares of common stock. On April 1, 2020, the Company issued 19,000,000 shares of Series A preferred stock to the Company’s Chief Executive Officer, David Lazar. The fair value of the issuance was estimated at $1,900,000 and recorded as stock-based compensation. Common Stock The Company has authorized 300,000,000 shares of $0.001 common stock. As of March 31, 2021, and December 31, 2020, respectively, there were 99,391,119 and 99,327,547 shares of common stock issued and outstanding. During the three months ended March 31, 2021, the Company raised $111,501 from sale of 36,572 shares to four accredited investors. At March 31, 2021, and December 31, 2020, there were 10,000,000 shares of Preferred Series A stock authorized, with -0- shares issued and outstanding at both periods, respectively. |
| 5. SUBSEQUENT EVENTS | 3 Months Ended |
| Mar. 31, 2021 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | In accordance with ASC 855-10 management has performed an evaluation of subsequent events from March 31, 2021 through the date the financial statements were available to be issued and noted no subsequent events requiring disclosure except as follows: The Company sold 111,429 shares of common stock to 12 accredited investors and raised $373,501 in proceeds. Additionally the Company awarded 44,365 shares to various service provers and employees. These share were valued at $232,916 |
| 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 3 Months Ended |
| Mar. 31, 2021 | |
| Accounting Policies [Abstract] | |
| Basis of Presentation | The accompanying consolidated financial statements have been prepared in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), which is the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) in the United States. The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Eagle Lake. All intercompany accounts and transactions are eliminated in consolidation. |
| Going Concern | The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these consolidated financial statements. The Company has incurred significant operating losses since its inception. As of March 31, 2021, the Company had a working capital deficit of $155,481 and an accumulated deficit of $3,966,550. The Company expect to generate operating cash flow that will be sufficient to fund presently anticipated operations although there can be no assurance. This raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing to supplement expected cash flow. Historically, the Company has raised capital through private placements, as an interim measure to finance working capital needs and may continue to raise additional capital through the sale of common stock or other securities and obtaining some short-term loans. The Company will be required to continue to do so until its operations become profitable. The Company may attempt to raise capital in the near future through the sale of equity or debt financing; however, there can be assurances the Company will be successful in doing so. There can be no assurance that such additional financing will be available to the Company on acceptable terms or at all. |
| Use of Estimates | The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of expenses during the reporting period. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these consolidated financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. |
| Management's Representation of Interim Financial Statements | The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto at December 31, 2020, as presented in the Company’s Annual Report on Form 10-KT filed on March 31, 2021, with the SEC. |
| Revenue Recognition | Revenues are accounted for in accordance with the Financial Accounting Standards Board issued ASU 2014-09 (Revenue from Contracts with Customers (Topic 606). The amount of revenue recognized reflects the consideration which the Company expects to be entitled to receive in exchange for the products and/or services. To achieve this principle, the Company applies the following five steps: 1. Identify the contract with the customer; 2. Identify the performance obligations in the contract; 3. Determine the transaction price; 4. Allocate the transaction price to performance obligations in the contract, and 5. Recognize revenue when or as the Company satisfies a performance obligation. The Company recognizes revenue when the control of the products is transferred to the Company’s customer, in an amount that reflects the consideration the Company expects to be entitled to in exchange for these products. Control is generally transferred when products are delivered. The Company’s revenue contracts generally represent a single performance obligation to sell its products to customers. Additionally, the Company recognizes revenue when a service is completed thereby completing a performance obligation. |
| Customer Deposits | Under the terms of these existing Regional Service Center contracts the Company requires a substantial deposit in advance of the support work required to be performed by the Company. All deposits that have not been deemed earned by the Company following the guidelines of ASC 606 are considered to be liabilities on the Company’s balance sheet. As of March 31, 2021 the current balance of deposits was $71,429 and the long-term balance was $210,000 , compared to $17,143 and $72,857, for the period ended March 31, 2020, respectively. |
| Cash and Cash Equivalents | The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. On March 31, 2020, and December 31, 2020, the Company’s cash equivalents totaled $22,151 and $129,624, respectively. |
| Stock-based Compensation | The Company accounts for stock-based compensation using the fair value method following the guidance outlined in Section 718-10 of the FASB ASC for disclosure about stock-based compensation. This section requires a public entity to measure the cost of employee and non-employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized over the period during which service is provided. No compensation cost is recognized for equity instruments for which service is not provided or rendered. |
| Related Party Transactions | The Company follows ASC 850, Related Party Disclosures |
| Net Loss per Share | The Company follows ASC 850, Related Party Disclosures |
| 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 |
| Accounting Policies [Abstract] | ||
| Working capital deficit | $ (155,481) | |
| Accumulated deficit | (3,966,550) | $ (3,442,078) |
| Customer deposits - short term | 71,429 | 17,143 |
| Customer deposits - long term | 210,000 | 72,857 |
| Cash equivalents | 22,151 | 129,624 |
| Inventory | $ 54,000 | $ 54,000 |
| 3. ACCRUED EXPENSES (Details Narrative) - USD ($) | Mar. 31, 2021 | Dec. 31, 2020 |
| Accounts Payable and Accrued Liabilities, Current [Abstract] | ||
| Accrued expenses | $ 117,695 | $ 46,134 |
| 4. STOCKHOLDERS' EQUITY (Details Narrative) - $ / shares | Mar. 31, 2021 | Dec. 31, 2020 |
| Stockholders' Equity: | ||
| Preferred stock, par value | $ .001 | $ 0.001 |
| Preferred stock, authorized | 10,000,000 | 10,000,000 |
| Preferred stock, issued | 0 | 0 |
| Preferred stock, outstanding | 0 | 0 |
| Common stock, par value | $ .001 | $ 0.001 |
| Common stock, authorized | 300,000,000 | 300,000,000 |
| Common stock, issued | 99,391,119 | 99,354,547 |
| Common stock, outstanding | 99,391,119 | 99,354,547 |
