Vision Energy (VENG) 10-K 2 Apr 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 30, 2018	Jun. 30, 2017
Document And Entity Information
Entity Registrant Name	H/Cell Energy Corp
Entity Central Index Key	1,676,580
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 889,295
Entity Common Stock, Shares Outstanding		7,486,024
Trading Symbol	HCCC
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 455,700	$ 537,867
Accounts receivable (net retention)	808,050	650,886
Prepaid expenses	14,669	14,168
Costs and earnings in excess of billings	51,531	91,904
Total current assets	1,329,950	1,294,825
Property and equipment, net	102,573	99,816
Security deposits and other non-current assets	8,416	8,497
Deferred tax asset	44,257
Total assets	1,485,196	1,403,138
Current liabilities:
Accounts payable and accrued expenses	631,385	661,237
Management fees payable – related party	31,257	52,000
Billings in excess of costs and earnings	87,206	83,538
Sales tax payable	61,239	114,085
Income tax payable	98,313
Total current liabilities	909,400	910,860
Commitments and contingencies
Stockholders' equity
Preferred Stock - $0.0001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding
Common Stock - $0.0001 par value; 25,000,000 shares authorized; 7,041,579 and 3,131,579 shares issued and outstanding as of December 31, 2017 and December 31, 2016, respectively	704	313
Additional paid-in capital	1,335,656	1,283,422
Accumulated deficit	(731,754)	(740,651)
Accumulated other comprehensive loss	(28,810)	(50,806)
Total stockholders' equity	575,796	492,278
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$ 1,485,196	$ 1,403,138

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	7,041,579	3,131,579
Common stock, shares outstanding	7,041,579	3,131,579

Consolidated Statement of Opera

Consolidated Statement of Operations - Other Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Revenue
Construction income	$ 6,266,967	$ 4,978,576
Related party	85,919	28,527
Total revenue	6,352,886	5,007,103
Cost of goods sold
Direct costs	4,241,421	3,355,176
Direct costs – related party	87,649	1,500
Total cost of goods sold	4,329,070	3,356,676
Gross profit	2,023,816	1,650,427
Operating expenses
Research and development		2,000
General and administrative expenses	1,776,859	2,197,139
Management fees – related party	184,004	158,015
Total operating expenses	1,960,863	2,357,154
Income (Loss) from operations	62,953	(706,727)
Income tax	54,056
Net income (loss)	8,897	(706,727)
Other comprehensive income (loss), net
Foreign currency translation adjustment	21,996	183,230
Comprehensive income (loss)	$ 30,893	$ (523,524)
Earnings (Loss) per share
Basic	$ 0	$ (0.25)
Diluted	$ 0	$ (0.25)
Weighted average common shares outstanding
Basic	6,703,223	2,853,785
Diluted	7,699,743	2,853,785

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]	Total
Balance at Dec. 31, 2015	$ 211		$ 446,074	$ (33,924)	$ (49,495)	$ 362,866
Balance, shares at Dec. 31, 2015	2,105,263
Issuance of common stock	$ 102		449,898			450,000
Issuance of common stock, shares	1,026,316
Stock-based compensation expense			387,450			$ 387,450
Proceeds from stock option exercise, shares
Net (loss) income				(706,727)	(1,311)	$ (706,727)
Balance at Dec. 31, 2016	$ 313		1,283,422	(740,651)	(50,806)	492,278
Balance, shares at Dec. 31, 2016	3,131,579
Stock-based compensation expense			46,625			46,625
Issuance of common stock January 2017, Pride Acquisition	$ 380		(380)
Issuance of common stock January 2017, Pride Acquisition, shares	3,800,000
Common stock issued for services	$ 1		4,999			5,000
Common stock issued for services, shares	10,000
Proceeds from stock option exercise	$ 10		990			$ 1,000
Proceeds from stock option exercise, shares	100,000					(100,000)
Net (loss) income				8,897	21,996	$ 8,897
Balance at Dec. 31, 2017	$ 704		$ 1,335,656	$ (731,754)	$ (28,810)	$ 575,796
Balance, shares at Dec. 31, 2017	7,041,579

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 8,897	$ (706,727)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	32,585	22,117
Stock-based compensation	51,625	387,450
Change in deferred tax asset	(44,257)
Loss on the sale of assets	(77)	(25,319)
Change in operating assets and liabilities:
Accounts and retainage receivable	(157,164)	682,866
Prepaid expenses and other costs	(420)	(5,822)
Costs in excess of billings	40,373	66,933
Accounts payable and accrued expenses	(5,128)	(247,383)
Billings in excess of costs	3,668	(53,845)
Net cash (used in) provided by operating activities	(69,898)	120,270
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of fixed assets	(36,943)	(83,560)
Proceeds from disposition of property and equipment	11,969	20,077
Net cash used in investing activities	(24,974)	(63,483)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock, net		341,601
Proceeds related to stock option exercises	1,000
Repayment to stockholders		(5,420)
Net cash provided by financing activities	1,000	336,181
Net increase (decrease) in cash and cash equivalents	(93,872)	392,968
Effect of foreign currency translation on cash	11,705	3,567
Cash and cash equivalents, beginning of period	537,867	141,332
Cash and cash equivalents, end of period	$ 455,700	$ 537,867

Organization and Line of Busine

Organization and Line of Business	12 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Line of Business	1. ORGANIZATION AND LINE OF BUSINESS H/Cell Energy Corporation (the “Company”) was incorporated in the state of Nevada on August 17, 2015. The Company, based in Flemington, N.J., is a company whose principal operations consist of designing and installing hydrogen energy systems. Effective January 31, 2017, the Company acquired The Pride Group (QLD) Pty Ltd, an Australian company (“Pride”) (see Note 10). Founded in 1997, Pride is a provider of security systems integration for a variety of customers in the government and commercial sector and has launched a new clean energy systems division to focus on the high growth renewable energy market in Asia-Pacific. The new clean energy division has not generated any revenue but has begun to bid work and expects to have projects completed in 2018. The Company has developed a hydrogen energy system for residential and commercial use designed to create electricity. This unique system uses renewable energy as its source for hydrogen production. It functions as a self-sustaining clean energy system. It can be configured as an off grid solution for all electricity needs or it can be connected to the grid to generate energy credits. Its production of hydrogen is truly eco-friendly, as it is not produced by the use of fossil fuels. It is a revolutionary green-energy concept that is safe, renewable, self-sustaining and cost effective.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable in the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. Accounts and Retainage Receivable Accounts receivable are recorded when invoices are issued and are presented in the balance sheet net of the allowance for doubtful accounts. The allowance for doubtful accounts is estimated based on the Company’s historical losses, the existing economic conditions in the construction industry, and the financial stability of its customers. Accounts are written off as uncollectible after collection efforts have failed. In addition, the Company does not generally charge interest on past-due accounts or require collateral. At December 31, 2017 and 2016, there was no allowance for doubtful accounts required. Many of the contracts under which the Company performs work contain retainage provisions. Retainage refers to that portion of billings made by the Company but held for payment by the customer pending satisfactory completion of the project. Unless reserved, the Company assumes that all amounts retained by customers under such provisions are fully collectible. Retainage on active contracts is classified as a current asset regardless of the term of the contract and is generally collected within one year of the completion of a contract. Property and Equipment, and Depreciation Property and equipment are stated at cost. Depreciation is generally provided using the straight-line method over the estimated useful lives of the related assets. Leasehold improvements are amortized on a straight-line basis over the shorter of the remaining term of the lease or the estimated useful life of the improvement. Repairs and maintenance that do not improve or extend the lives of the property and equipment are charged to expense as incurred. Comprehensive Income (Loss) Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). The Company’s other comprehensive income (loss) is comprised of foreign currency translation adjustments. Foreign Currency Translation The Company translates its foreign subsidiary’s assets and liabilities denominated in foreign currencies into U.S. dollars at current rates of exchange as of the balance sheet date and income and expense items at the average exchange rate for the reporting period. Translation adjustments resulting from exchange rate fluctuations are recorded in accumulated other comprehensive income. The Company records gains and losses from changes in exchange rates on transactions denominated in currencies other than each reporting location’s functional currency in net income (loss) for each period . Revenue Recognition Revenues and related costs on construction contracts are recognized using the “percentage of completion method” of accounting in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-35, Accounting for Performance of Construction-Type and Certain Production Type Contracts. Under this method, contract revenues and related expenses are recognized over the performance period of the contract in direct proportion to the costs incurred as a percentage of total estimated costs for the entirety of the contract. Costs include direct material, direct labor, subcontract labor and any allocable indirect costs. All un-allocable indirect costs and corporate general and administrative costs are charged to the periods as incurred. Revenues and expenses related to service and maintenance contracts are booked when costs are incurred and billed when the job is complete. Revisions in cost and profit estimates during the course of the contract are reflected in the accounting period in which the facts, which require the revision, become known. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions, and estimated profitability, including those arising from contract penalty provisions, and final contract settlements may result in revisions to costs and income and are recognized in the period in which the revisions are determined. Cash and Cash Equivalents Cash and cash equivalents includes cash in bank and money market funds as well as other highly liquid investments with an original maturity of three months or less. The Company had no cash equivalents as of December 31, 2017 or 2016. At times during the years ended December 31, 2017 and 2016, balances exceeded the FDIC insurance limit of $250,000. Research and Development Costs Research and development costs are expensed as incurred. These costs consist primarily of consulting fees, salaries and direct payroll related costs. Stock-Based Compensation The Company recognizes expense for its stock-based compensation based on the fair value of the awards at the time they are granted. We estimate the value of stock option awards on the date of grant using the Black-Scholes model. The determination of the fair value of stock-based payment awards on the date of grant is affected by our stock price as well as assumptions regarding a number of complex and subjective variables. These variables include our expected stock price volatility over the term of the awards, expected term, risk-free interest rate, expected dividends and expected forfeiture rates. The forfeiture rate is estimated using historical option cancellation information, adjusted for anticipated changes in expected exercise and employment termination behavior. Our outstanding awards do not contain market or performance conditions. Income Taxes The Company uses the asset and liability method of accounting for income taxes pursuant to FASB ASC 740, Income Taxes The determination of the Company’s provision for income taxes requires significant judgment, the use of estimates, and the interpretation and application of complex tax laws. Significant judgment is required in assessing the timing and amounts of deductible and taxable items and the probability of sustaining uncertain tax positions. The benefits of uncertain tax positions are recorded in the Company’s financial statements only after determining a more-likely-than-not probability that the uncertain tax positions will withstand challenge, if any, from taxing authorities. When facts and circumstances change, the Company reassesses these probabilities and records any changes in the financial statements as appropriate. Accrued interest and penalties related to income tax matters are classified as a component of income tax expense. The Company recognizes and measures its unrecognized tax benefits in accordance with ASC 740. Under that guidance, management assesses the likelihood that tax positions will be sustained upon examination based on the facts, circumstances and information, including the technical merits of those positions, available at the end of each period. The measurement of unrecognized tax benefits is adjusted when new information is available, or when an event occurs that requires a change. The Company did not identify any material uncertain tax positions. The Company did not recognize any interest or penalties for unrecognized tax benefits. The federal income tax returns of the Company are subject to examination by the IRS, generally for the three years after they are filed. The Company's 2016 and 2015 income tax returns are still open for examination by the taxing authorities. Fair Value of Financial Instruments The carrying value of cash and cash equivalents, accounts payable and accrued liabilities, and short-term borrowings, as reflected in the balance sheets, approximate fair value because of the short-term maturity of these instruments. All other significant financial assets, financial liabilities and equity instruments of the Company are either recognized or disclosed in the financial statements together with other information relevant for making a reasonable assessment of future cash flows, interest rate risk and credit risk. Where practicable the fair values of financial assets and financial liabilities have been determined and disclosed; otherwise only available information pertinent to fair value has been disclosed. Net Income (Loss) Per Common Share The Company computes basic net income (loss) per share by dividing net income (loss) per share available to common stockholders by the weighted average number of common shares outstanding for the period and excludes the effects of any potentially dilutive securities. Diluted earnings per share, if presented, would include the dilution that would occur upon the exercise or conversion of all potentially dilutive securities into common stock using the “treasury stock” and/or “if converted” methods as applicable. The computation of diluted loss per share excludes dilutive securities for the year ended December 31, 2016 because its inclusion would be anti-dilutive. Potentially-dilutive securities excluded from the computation of basic and diluted net loss per share for the ended December 31, 2016 are as follows: December 31, 2016 Options to purchase common stock 1,000,000 Totals 1,000,000

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	3. RELATED PARTY TRANSACTIONS The Company’s current office space consists of approximately 800 square feet, which is donated to it from one of its executive officers. There is no lease agreement and the Company pays no rent. Effective February 4, 2016, the Company sold 526,316 shares of common stock to Reza Enterprises, Inc., an entity beneficially owned by Rezaul Karim. In connection with, and as a condition of closing, the Company agreed to appoint Rezaul Karim to its board of directors. Rezaul Karim resigned from the board of directors effective April 1, 2017. On April 1, 2017, the Company entered into a consulting agreement with Rezaul Karim for a period of one year. As such his function will be to promote our products and services. In April 2017, Rezaul Karim exercised 100,000 options. In June 2016, the Company entered into a contract with Rezaul Karim, then one of its directors, for the installation of an HC-1 system, which has been modified from time to time to increase the scope of the project. The system installation was approximately 76% complete as of December 31, 2017 and generated $85,919 of revenue for the year ended December 31, 2017. The Company subcontracted the installation of the system to Renewable Energy Holdings LLC (“REH”), a company owned by Mike Strizki, one of the Company’s executive officers. James Strizki, one of the Company’s executive officers and former director, is vice president of operations at REH. Costs incurred were $87,649 for REH for the year ended December 31, 2017. At December 31, 2016, the job was 21% complete and generated $12,374 of revenue and costs incurred were $12,127. The Company has entered into agreements to indemnify its directors and executive officers, in addition to the indemnification provided for in the Company’s articles of incorporation and bylaws. These agreements, among other things, provide for indemnification of the Company’s directors and executive officers for certain expenses (including attorneys’ fees), judgments, fines and settlement amounts incurred by any such person in any action or proceeding, including any action by or in the right of the Company, arising out of such person’s services as a director or executive officer of the Company, any subsidiary of the Company or any other company or enterprise to which the person provided services at the Company’s request. The Company believes that these provisions and agreements are necessary to attract and retain qualified persons as directors and executive officers. At December 31, 2017 and 2016, the balances due to Turquino Equity LLC, a significant shareholder owned by Andrew and Matthew Hidalgo, who are the Company’s chief executive officer and chief financial officer, respectively, amounted to approximately $31,000 and $52,000, respectively. These balances represent expenses for management services. For the years ended December 31, 2017 and 2016, management fees expensed totaled approximately $184,000 and $158,000, respectively.

Significant Concentrations of C

Significant Concentrations of Credit Risk	12 Months Ended
	Dec. 31, 2017
Risks and Uncertainties [Abstract]
Significant Concentrations of Credit Risk	4. SIGNIFICANT CONCENTRATIONS OF CREDIT RISK Cash is maintained at an authorized deposit-taking institution (bank) incorporated in both the United States and Australia and is insured by the U.S. Federal Deposit Insurance Corporation and Australian Securities & Investments Commission up to $250,000 and approximately $186,000 USD in total, respectively. Credit risk for trade accounts is concentrated as well because substantially all of the balances are receivable from entities located within certain geographic regions. To reduce credit risk, the Company performs ongoing credit evaluations of its customers’ financial conditions, but does not generally require collateral. In addition, at December 31, 2017, approximately 36% of the Company’s accounts receivable was due from three unrelated customers, 14%, 12% and 10%, respectively; and, at December 31, 2016, approximately 26% was due from one customer.

Major Customers

Major Customers	12 Months Ended
	Dec. 31, 2017
Major Customers
Major Customers	5. MAJOR CUSTOMERS During the year ended December 31, 2017, there were three customers with a concentration of 10% or higher of the Company's revenue, with one at 24%, and two at 12%. For the year ended December 31, 2016, there were no customers with a concentration of 10% or higher.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Property and Equipment	6. PROPERTY AND EQUIPMENT At December 31, 2017 and December 31, 2016, property and equipment were comprised of the following: December 31, 2017 December 31, 2016 Furniture and fixtures (5 to 7 years) $ 6,857 $ 6,320 Machinery and equipment (5 to 7 years) 35,919 34,480 Computer and software (3 to 5 years) 94,761 79,098 Auto and truck (5 to 7 years) 250,044 227,456 Leasehold improvements (life of lease) 40,608 37,425 428,189 384,779 Less accumulated depreciation 325,616 284,963 $ 102,573 $ 99,816 Depreciation expense for the years ended December 31, 2017 and 2016 amounted to $31,985 and $21,517, respectively.

Uncompleted Contracts

Uncompleted Contracts	12 Months Ended
	Dec. 31, 2017
Contractors [Abstract]
Uncompleted Contracts	7. UNCOMPLETED CONTRACTS Costs, estimated earnings and billings on uncompleted contracts are summarized as follows at December 31, 2017 and December 31, 2016: December 31, 2017 December 31, 2016 Costs incurred on uncompleted contracts $ 2,485,787 $ 2,193,406 Estimated earnings 779,598 629,086 Costs and estimated earnings on uncompleted contracts 3,265,385 2,822,492 Billings to date 3,553,817 2,558,700 Costs and estimated earnings in excess of billings on uncompleted contracts (288,432 ) 263,792 Costs and earnings in excess of billings on completed contracts (252,757 ) 255,426 $ (35,675 ) $ 8,366 The above accounts are shown in the accompanying consolidated balance sheets under these captions at December 31, 2017 and 2016: Costs in excess of billings $ 51,531 $ 91,904 Billings in excess of cost (87,206 ) (83,538 ) $ (35,675 ) $ 8,366

Leases

Leases	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Leases	8. LEASES The Company entered into two operating leases for office space in Woombye and Brisbane, Queensland, Australia, both expiring in April 2018. The future minimum payments on the leases for the next year and in the aggregate amount to the following: Year Ending December 31, 2018 $ 28,000 $ 28,000 Rent expense for each of the years ended December 31, 2017 and 2016 amounted to approximately $90,000 and is included in “General and Administrative” expenses on the related statements of operations.

Contract Backlog

Contract Backlog	12 Months Ended
	Dec. 31, 2017
Contract Backlog
Contract Backlog	9. CONTRACT BACKLOG As of December 31, 2017, the Company had a contract backlog approximating $1,091,816, with anticipated direct costs to completion approximating $808,098. At December 31, 2016, the Company had a contract backlog approximating $2,184,117 with anticipated direct costs to completion approximating $1,777,140.

Acquisition Under Common Contro

Acquisition Under Common Control	12 Months Ended
	Dec. 31, 2017
Acquisition Under Common Control
Acquisition Under Common Control	10. ACQUISITION UNDER COMMON CONTROL On January 31, 2017 (the “Closing Date”), the Company entered into a share exchange agreement (the “Exchange Agreement”) by and among the Company, The Pride Group (QLD) Pty Ltd., an Australian corporation (“Pride”), Turquino Equity LLC (“Turquino”) and Stephen Paul Mullane and Marie Louise Mullane as Trustees of the Mullane Family Trust (the “Mullane Trust” and together with Turquino, the “Pride Shareholders”). Andrew Hidalgo and Matthew Hidalgo, the Company’s Chief Executive Officer and Chief Financial Officer, respectively, are each a managing partner of Turquino. Pursuant to the Exchange Agreement, the Company acquired all of the issued and outstanding capital stock of Pride from the Pride Shareholders in exchange for an aggregate of 3,800,000 shares of the Company’s common stock (the “Acquisition Shares”). As a result, the combination of the Company and Pride pursuant to the Exchange Agreement is considered a business combination of companies under common control and was accounted for in a manner similar to a pooling-of-interests. The accompanying financial statements have been retrospectively restated as a result of an acquisition of another company under common control with the Company, which was completed in January 2017.

Stock Options Awards and Grants

Stock Options Awards and Grants	12 Months Ended
	Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Options Awards and Grants	11. STOCK OPTIONS AWARDS AND GRANTS A summary of the stock option activity and related information for the 2016 Incentive Stock Option Plan from December 31, 2015 to December 31, 2017 is as follows: Shares Weighted- Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at December 31, 2015 - Grants 1,000,000 $ 0.01 5.00 $ 387,450 Exercised - Canceled - Outstanding at December 31, 2016 1,000,000 $ 0.01 3.19 $ 387,450 Grants 150,000 1.83 4.35 165,477 Exercised (100,000 ) 0.01 - (38,745 ) Canceled - Outstanding at December 31, 2017 1,050,000 $ 0.27 3.35 514,182 Exercisable at December 31, 2017 - $ - - $ - The aggregate intrinsic value in the preceding table represents the total pretax intrinsic value, based on options with an exercise price less than the Company’s weighted average grant date stock price of $0.473 per share which would have been received by the option holders had those option holders exercised their options as of that date. It also includes options granted at exercise prices of $2.00 and $1.50, which were equal to the closing sales price of the Corporation’s common stock on the dates of grant. Option valuation models require the input of highly subjective assumptions. The fair value of stock-based payment awards was estimated using the Black-Scholes option model with a volatility figure derived from an index of historical stock prices of comparable entities until sufficient data exists to estimate the volatility using the Company’s own historical stock prices. Management determined this assumption to be a more accurate indicator of value. The Company accounts for the expected life of options based on the contractual life of options for non-employees. For incentive options granted to employees, the Company accounts for the expected life in accordance with the “simplified” method, which is used for “plain-vanilla” options, as defined in the accounting standards codification. The risk-free interest rate was determined from the implied yields of U.S. Treasury zero-coupon bonds with a remaining life consistent with the expected term of the options. The fair value of stock-based payment awards was estimated using the Black-Scholes pricing model. During the year ended December 31, 2017, the Company granted an aggregate of 150,000 options to purchase shares of the Company’s common stock in connection with the services rendered at the exercise price of $2.00 and $1.50 per share for a term of five years, vesting at various dates, and have approximate fair value of $156,477. During the year ended December 31, 2016, the Company granted an aggregate of 1,000,000 options to purchase shares of the Company’s common stock in connection with the services rendered at the exercise price of $0.01 per share for a term of five years, vesting immediately, and have approximate fair value of $387,450. These options vesting dates were then amended to various dates in the future and approved by the Board. The following table presents information related to stock options at December 31, 2017: Options Outstanding Options Exercisable Weighted Average Exercisable Exercise Number of Remaining Life Number of Price Options In Years Options $ 0.01 900,000 3.19 - $ 1.50 50,000 4.54 - $ 2.00 100,000 4.26 - As of December 31, 2017, there was $110,366 of unrecognized compensation expense. At December 31, 2016, there was no unrecognized compensation expense.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Segment Information	12. SEGMENT INFORMATION The Company’s business is organized into two reportable segments: renewable systems integration revenue and non-renewable systems integration revenue. Asset information by operating segment is not presented below since the Company’s chief operating decision maker (“CODM”) does not review this information by segment. The Company’s CODM is its chief executive officer. The reporting segments follow the same accounting policies used in the preparation of the Company’s unaudited consolidated financial statements. The following represents selected information for the Company’s reportable segments for the years ended December 31, 2017 and 2016. For the Year Ended December 31, 2017 December 31, 2016 Revenue by segment Renewable systems integration $ 85,919 $ 28,527 Non-renewable system integration 6,266,967 4,978,576 $ 6,352,886 $ 5,007,103 Cost of sales by segment Renewable systems integration $ 87,649 $ 1,500 Non-renewable system integration 4,241,421 3,355,176 $ 4,329,070 $ 3,556,676 Operating expenses Renewable systems integration $ 261,118 $ 478,834 Non-renewable system integration 1,699,745 1,878,320 $ 1,960,863 $ 2,357,154 Operating (loss) income by segment Renewable systems integration $ (262,633 ) $ (478,415 ) Non-renewable system integration 325,586 (228,312 ) $ 62,953 $ (706,727 )

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2017
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	13. RECENT ACCOUNTING PRONOUNCEMENTS In May 2014, the FASB issued accounting standard update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under previous guidance. This may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In July 2015, the FASB approved the proposal to defer the effective date of ASU 2014-09 standard by one year. Early adoption was permitted after December 15, 2016, and the standard became effective for public entities for annual reporting periods beginning after December 15, 2017 and interim periods therein. In 2016, the FASB issued final amendments to clarify the implementation guidance for principal versus agent considerations (ASU No. 2016-08), accounting for licenses of intellectual property and identifying performance obligations (ASU No. 2016-10), narrow-scope improvements and practical expedients (ASU No. 2016-12) and technical corrections and improvements to ASU 2014-09 (ASU No. 2016-20) in its new revenue standard. The Company has performed a review of the requirements of the new revenue standard and is monitoring the activity of the FASB and the transition resource group as it relates to specific interpretive guidance. The Company reviewed customer contracts, applied the five-step model of the new standard to its contracts, and compared the results to its current accounting practices. The Company is currently in the process of drafting disclosures required by the new standard. Based on its analysis to date, the Company does not believe that the adoption of this standard will have a material effect on its financial statements, but will potentially require the Company to expand its disclosures related to contracts with customers. In March 2016, FASB issued ASU No. 2016-09, “Improvements to Employee Share-based Payment Accounting” (“ASU 2016-09”). ASU 2016-09 simplifies several aspects of the accounting for employee share-based payment transactions for both public and nonpublic entities, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. ASU 2016-09 is effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. As a result of adoption, there was no material effect on the Company’s accompanying consolidated financial statements. During January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments — Overall: Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”). The standard addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is not permitted with the exception of certain provisions related to the presentation of other comprehensive income. The Company is still analyzing the adoption of ASU 2016-01, but it is not expected to have a material impact on the Company’s financial position, results of operations or cash flows. During February 2016, the FASB issued ASU No. 2016-02, “Leases” (“ASU 2016-02”). The standard requires lessees to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The adoption of ASU 2016-02 is not expected to have a material impact on the Company’s financial position, results of operations or cash flows due to an insignificant number of leases that the Company has entered into. In August 2016, FASB issued ASU No. 2016-15, “Classification of Certain Cash Receipts and Cash Payments” (“ASU 2016-15”). ASU 2016-15 clarifies the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. ASU 2016-15 is effective for fiscal years, and interim periods within those years beginning after December 15, 2017. Early adoption is permitted. The Company does not expect the adoption of ASU No. 2016-15 to have a material impact on its financial statements. In May 2017, the FASB issued ASU No. 2017-09, Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting (“ASU 2017-09”) to clarify when to account for a change to the terms or conditions of a share-based payment award as a modification. Under this new guidance, modification accounting is required if the fair value, vesting conditions, or classification of the award changes as a result of the change in terms or conditions. ASU 2017-09 is effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within each annual reporting period. The Company does not expect the adoption of this guidance to have a material impact on the financial statements. Management does not believe there would have been a material effect on the accompanying financial statements had any other recently issued, but not yet effective, accounting standards been adopted in the current period.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	12 Months Ended
	Dec. 31, 2017
Earnings (Loss) per share
Net Income (Loss) Per Share	14. NET INCOME (LOSS) PER SHARE The following table sets forth the information needed to compute basic and diluted earnings per share: Year Ended December 31, 2017 Year Ended December 31, 2016 Net income (loss) $ 8,897 $ (706,727 ) Weighted average common shares outstanding 6,703,223 2,853,785 Dilutive securities Options 996,521 0 Diluted weighted average common shares outstanding 7,699,743 2,853,785 Basic net income (loss) per share $ 0.00 (0.25 ) Diluted net income (loss) per share $ 0.00 (0.25 ) For the ended December 31, 2017 and 2016, certain potential shares of common stock have been excluded from the calculation of diluted income per share because of a net loss, and therefore, the effect on diluted income per share would have been anti-dilutive.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	15. INCOME TAXES The components of income tax expense (benefit) are as follows (in thousands): Year Ended December 31, 2017 2016 Current U.S. Federal $ - $ - U.S. State and local - - Australia 98 - Total current 98 - Deferred U.S. Federal $ - $ - U.S. State and local - - Australia (44 ) - Total deferred (44 ) - Total income tax expense (benefit) 54 - At December 31, 2017 and 2016, we had deferred tax assets of $235,000 and $41,000, respectively, against which a valuation allowance of $191,000 and $41,000, respectively, had been recorded. The change in the valuation allowance for the year ended December 31, 2017 was an increase of $150,000. The increase in the valuation allowance for the year ended December 31, 2017 was mainly attributable to increases in U.S. net operating losses and share-based compensation, which resulted in an increase in our deferred tax assets. We established valuation allowances equal to the full amount of our U.S. deferred tax assets because of the uncertainty of the realization of these deferred tax assets in future periods. We periodically assess the likelihood that we will be able to recover the deferred tax assets. We consider all available evidence, both positive and negative, including historical levels of income, expectations and risks associated with estimates of future taxable income. Significant components of our deferred tax assets at December 31, 2017 and 2016 were as follows ($ in thousands): December 31, 2017 2016 Deferred tax assets: Net operating loss carryforwards – U.S. $ 68 41 Share-based compensation 123 - Accrued liabilities 44 - Gross deferred tax assets 235 41 Valuation allowance (191 ) (41 ) Net deferred tax assets $ 44 $ - A reconciliation between taxes computed at the federal statutory rate and the consolidated effective tax rate is as follows: For the Year Ended December 31, 2017 2016 U.S. federal statutory tax rate 34.0 % 34.0 % State income taxes, net of federal benefit (67.2 ) 5.9 U.S. vs. foreign tax rate differential (20.7 ) - Impact of tax law change 140.5 - Deferred tax adjustments (205.7 ) - Deemed repatriation 34.7 - Other (8.1 ) - Change in valuation allowance 178.4 (39.9 ) Effective tax rate 85.9 % - % We had approximately $235,000 and $97,000 of gross net operating loss (“NOL”) carryforwards (U.S. federal and state) as of December 31, 2017 and 2016, respectively, which begin to expire after 2036 through 2037. Sections 382 and 383 of the Internal Revenue Code, and similar state regulations, contain provisions that may limit the NOL carryforwards available to be used to offset income in any given year upon the occurrence of certain events, including changes in the ownership interests of significant stockholders. In the event of a cumulative change in ownership in excess of 50% over a three-year period, the amount of the NOL carryforwards that the Company may utilize in any one year may be limited. The Tax Cuts and Jobs Act (the “Act”) was enacted in December 2017. Among other things, the Act reduces the U.S. federal corporate tax rate from 35 percent to 21 percent, eliminates the alternative minimum tax (“AMT”) for corporations, and creates a one-time deemed repatriation of profits earned outside of the U.S. The reduction of the corporate tax rate resulted in a write-down of our gross deferred tax assets of approximately $88,000, and a corresponding write-down of the valuation allowance. The one-time deemed repatriation of profits by our Australian subsidiary resulted in a decrease in our NOL of approximately $64,000.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	16. SUBSEQUENT EVENTS In accordance with FASB ASC 855, Subsequent Events, the Company has evaluated subsequent events through April 2, 2018, the date on which these financial statements were available to be issued. On January 2, 2018, the Company entered into a securities purchase agreement with two of its directors that are accredited investors; Andrew Hidalgo and Michael Doyle, pursuant to which it sold an aggregate principal amount of $400,000 in 12% Convertible debentures, convertible into shares of the Company’s common stock, par value $0.0001 per share at a conversion price of $0.75 per share. The debentures, together with any accrued and unpaid interest, become due and payable on January 2, 2020. On February 1, 2018, the Company acquired PVBJ for $1 million of the Company’s common stock and $221,800 in cash. Established in 2008 and historically profitable, PVBJ is well recognized for the design, installation, maintenance and emergency service of environmental systems both in residential and commercial markets. PVBJ is now expanding into renewable energy systems.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable in the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.
Accounts and Retainage Receivable	Accounts and Retainage Receivable Accounts receivable are recorded when invoices are issued and are presented in the balance sheet net of the allowance for doubtful accounts. The allowance for doubtful accounts is estimated based on the Company’s historical losses, the existing economic conditions in the construction industry, and the financial stability of its customers. Accounts are written off as uncollectible after collection efforts have failed. In addition, the Company does not generally charge interest on past-due accounts or require collateral. At December 31, 2017 and 2016, there was no allowance for doubtful accounts required. Many of the contracts under which the Company performs work contain retainage provisions. Retainage refers to that portion of billings made by the Company but held for payment by the customer pending satisfactory completion of the project. Unless reserved, the Company assumes that all amounts retained by customers under such provisions are fully collectible. Retainage on active contracts is classified as a current asset regardless of the term of the contract and is generally collected within one year of the completion of a contract.
Property and Equipment, and Depreciation	Property and Equipment, and Depreciation Property and equipment are stated at cost. Depreciation is generally provided using the straight-line method over the estimated useful lives of the related assets. Leasehold improvements are amortized on a straight-line basis over the shorter of the remaining term of the lease or the estimated useful life of the improvement. Repairs and maintenance that do not improve or extend the lives of the property and equipment are charged to expense as incurred.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). The Company’s other comprehensive income (loss) is comprised of foreign currency translation adjustments.
Foreign Currency Translation	Foreign Currency Translation The Company translates its foreign subsidiary’s assets and liabilities denominated in foreign currencies into U.S. dollars at current rates of exchange as of the balance sheet date and income and expense items at the average exchange rate for the reporting period. Translation adjustments resulting from exchange rate fluctuations are recorded in accumulated other comprehensive income. The Company records gains and losses from changes in exchange rates on transactions denominated in currencies other than each reporting location’s functional currency in net income (loss) for each period .
Revenue Recognition	Revenue Recognition Revenues and related costs on construction contracts are recognized using the “percentage of completion method” of accounting in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-35, Accounting for Performance of Construction-Type and Certain Production Type Contracts. Under this method, contract revenues and related expenses are recognized over the performance period of the contract in direct proportion to the costs incurred as a percentage of total estimated costs for the entirety of the contract. Costs include direct material, direct labor, subcontract labor and any allocable indirect costs. All un-allocable indirect costs and corporate general and administrative costs are charged to the periods as incurred. Revenues and expenses related to service and maintenance contracts are booked when costs are incurred and billed when the job is complete. Revisions in cost and profit estimates during the course of the contract are reflected in the accounting period in which the facts, which require the revision, become known. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions, and estimated profitability, including those arising from contract penalty provisions, and final contract settlements may result in revisions to costs and income and are recognized in the period in which the revisions are determined.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents includes cash in bank and money market funds as well as other highly liquid investments with an original maturity of three months or less. The Company had no cash equivalents as of December 31, 2017 or 2016. At times during the years ended December 31, 2017 and 2016, balances exceeded the FDIC insurance limit of $250,000.
Research and Development Costs	Research and Development Costs Research and development costs are expensed as incurred. These costs consist primarily of consulting fees, salaries and direct payroll related costs.
Stock-Based Compensation	Stock-Based Compensation The Company recognizes expense for its stock-based compensation based on the fair value of the awards at the time they are granted. We estimate the value of stock option awards on the date of grant using the Black-Scholes model. The determination of the fair value of stock-based payment awards on the date of grant is affected by our stock price as well as assumptions regarding a number of complex and subjective variables. These variables include our expected stock price volatility over the term of the awards, expected term, risk-free interest rate, expected dividends and expected forfeiture rates. The forfeiture rate is estimated using historical option cancellation information, adjusted for anticipated changes in expected exercise and employment termination behavior. Our outstanding awards do not contain market or performance conditions.
Income Taxes	Income Taxes The Company uses the asset and liability method of accounting for income taxes pursuant to FASB ASC 740, Income Taxes The determination of the Company’s provision for income taxes requires significant judgment, the use of estimates, and the interpretation and application of complex tax laws. Significant judgment is required in assessing the timing and amounts of deductible and taxable items and the probability of sustaining uncertain tax positions. The benefits of uncertain tax positions are recorded in the Company’s financial statements only after determining a more-likely-than-not probability that the uncertain tax positions will withstand challenge, if any, from taxing authorities. When facts and circumstances change, the Company reassesses these probabilities and records any changes in the financial statements as appropriate. Accrued interest and penalties related to income tax matters are classified as a component of income tax expense. The Company recognizes and measures its unrecognized tax benefits in accordance with ASC 740. Under that guidance, management assesses the likelihood that tax positions will be sustained upon examination based on the facts, circumstances and information, including the technical merits of those positions, available at the end of each period. The measurement of unrecognized tax benefits is adjusted when new information is available, or when an event occurs that requires a change. The Company did not identify any material uncertain tax positions. The Company did not recognize any interest or penalties for unrecognized tax benefits. The federal income tax returns of the Company are subject to examination by the IRS, generally for the three years after they are filed. The Company's 2016 and 2015 income tax returns are still open for examination by the taxing authorities.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying value of cash and cash equivalents, accounts payable and accrued liabilities, and short-term borrowings, as reflected in the balance sheets, approximate fair value because of the short-term maturity of these instruments. All other significant financial assets, financial liabilities and equity instruments of the Company are either recognized or disclosed in the financial statements together with other information relevant for making a reasonable assessment of future cash flows, interest rate risk and credit risk. Where practicable the fair values of financial assets and financial liabilities have been determined and disclosed; otherwise only available information pertinent to fair value has been disclosed.
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share The Company computes basic net income (loss) per share by dividing net income (loss) per share available to common stockholders by the weighted average number of common shares outstanding for the period and excludes the effects of any potentially dilutive securities. Diluted earnings per share, if presented, would include the dilution that would occur upon the exercise or conversion of all potentially dilutive securities into common stock using the “treasury stock” and/or “if converted” methods as applicable. The computation of diluted loss per share excludes dilutive securities for the year ended December 31, 2016 because its inclusion would be anti-dilutive. Potentially-dilutive securities excluded from the computation of basic and diluted net loss per share for the ended December 31, 2016 are as follows: December 31, 2016 Options to purchase common stock 1,000,000 Totals 1,000,000

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Schedule of Potential Antidilutive Computation of Basic and Diluted Net Loss Per Share	Potentially-dilutive securities excluded from the computation of basic and diluted net loss per share for the ended December 31, 2016 are as follows: December 31, 2016 Options to purchase common stock 1,000,000 Totals 1,000,000

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	At December 31, 2017 and December 31, 2016, property and equipment were comprised of the following: December 31, 2017 December 31, 2016 Furniture and fixtures (5 to 7 years) $ 6,857 $ 6,320 Machinery and equipment (5 to 7 years) 35,919 34,480 Computer and software (3 to 5 years) 94,761 79,098 Auto and truck (5 to 7 years) 250,044 227,456 Leasehold improvements (life of lease) 40,608 37,425 428,189 384,779 Less accumulated depreciation 325,616 284,963 $ 102,573 $ 99,816

Uncompleted Contracts (Tables)

Uncompleted Contracts (Tables)	12 Months Ended
	Dec. 31, 2017
Contractors [Abstract]
Summary of Cost, Estimated Earnings and Billings on Uncompleted Contracts	Costs, estimated earnings and billings on uncompleted contracts are summarized as follows at December 31, 2017 and December 31, 2016: December 31, 2017 December 31, 2016 Costs incurred on uncompleted contracts $ 2,485,787 $ 2,193,406 Estimated earnings 779,598 629,086 Costs and estimated earnings on uncompleted contracts 3,265,385 2,822,492 Billings to date 3,553,817 2,558,700 Costs and estimated earnings in excess of billings on uncompleted contracts (288,432 ) 263,792 Costs and earnings in excess of billings on completed contracts (252,757 ) 255,426 $ (35,675 ) $ 8,366 The above accounts are shown in the accompanying consolidated balance sheets under these captions at December 31, 2017 and 2016: Costs in excess of billings $ 51,531 $ 91,904 Billings in excess of cost (87,206 ) (83,538 ) $ (35,675 ) $ 8,366

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Schedule of Future Minimum Payments on Leases	The future minimum payments on the leases for the next year and in the aggregate amount to the following: Year Ending December 31, 2018 $ 28,000 $ 28,000

Stock Options Awards and Gran28

Stock Options Awards and Grants (Tables)	12 Months Ended
	Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock Option Activity	A summary of the stock option activity and related information for the 2016 Incentive Stock Option Plan from December 31, 2015 to December 31, 2017 is as follows: Shares Weighted- Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at December 31, 2015 - Grants 1,000,000 $ 0.01 5.00 $ 387,450 Exercised - Canceled - Outstanding at December 31, 2016 1,000,000 $ 0.01 3.19 $ 387,450 Grants 150,000 1.83 4.35 165,477 Exercised (100,000 ) 0.01 - (38,745 ) Canceled - Outstanding at December 31, 2017 1,050,000 $ 0.27 3.35 514,182 Exercisable at December 31, 2017 - $ - - $ -
Schedule of Stock Option Outstanding	The following table presents information related to stock options at December 31, 2017: Options Outstanding Options Exercisable Weighted Average Exercisable Exercise Number of Remaining Life Number of Price Options In Years Options $ 0.01 900,000 3.19 - $ 1.50 50,000 4.54 - $ 2.00 100,000 4.26 -

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Schedule of Reportable Segments Information	The following represents selected information for the Company’s reportable segments for the years ended December 31, 2017 and 2016. For the Year Ended December 31, 2017 December 31, 2016 Revenue by segment Renewable systems integration $ 85,919 $ 28,527 Non-renewable system integration 6,266,967 4,978,576 $ 6,352,886 $ 5,007,103 Cost of sales by segment Renewable systems integration $ 87,649 $ 1,500 Non-renewable system integration 4,241,421 3,355,176 $ 4,329,070 $ 3,556,676 Operating expenses Renewable systems integration $ 261,118 $ 478,834 Non-renewable system integration 1,699,745 1,878,320 $ 1,960,863 $ 2,357,154 Operating (loss) income by segment Renewable systems integration $ (262,633 ) $ (478,415 ) Non-renewable system integration 325,586 (228,312 ) $ 62,953 $ (706,727 )

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2017
Earnings (Loss) per share
Schedule of Compute Basic and Diluted Earnings Per Share	The following table sets forth the information needed to compute basic and diluted earnings per share: Year Ended December 31, 2017 Year Ended December 31, 2016 Net income (loss) $ 8,897 $ (706,727 ) Weighted average common shares outstanding 6,703,223 2,853,785 Dilutive securities Options 996,521 0 Diluted weighted average common shares outstanding 7,699,743 2,853,785 Basic net income (loss) per share $ 0.00 (0.25 ) Diluted net income (loss) per share $ 0.00 (0.25 )

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The components of income tax expense (benefit) are as follows (in thousands): Year Ended December 31, 2017 2016 Current U.S. Federal $ - $ - U.S. State and local - - Australia 98 - Total current 98 - Deferred U.S. Federal $ - $ - U.S. State and local - - Australia (44 ) - Total deferred (44 ) - Total income tax expense (benefit) 54 -
Schedule of Deferred Tax Asset and Liability	Significant components of our deferred tax assets at December 31, 2017 and 2016 were as follows ($ in thousands): December 31, 2017 2016 Deferred tax assets: Net operating loss carryforwards – U.S. $ 68 41 Share-based compensation 123 - Accrued liabilities 44 - Gross deferred tax assets 235 41 Valuation allowance (191 ) (41 ) Net deferred tax assets $ 44 $ -
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation between taxes computed at the federal statutory rate and the consolidated effective tax rate is as follows: For the Year Ended December 31, 2017 2016 U.S. federal statutory tax rate 34.0 % 34.0 % State income taxes, net of federal benefit (67.2 ) 5.9 U.S. vs. foreign tax rate differential (20.7 ) - Impact of tax law change 140.5 - Deferred tax adjustments (205.7 ) - Deemed repatriation 34.7 - Other (8.1 ) - Change in valuation allowance 178.4 (39.9 ) Effective tax rate 85.9 % - %

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Dec. 31, 2017	Sep. 30, 2016
Accounting Policies [Abstract]
Allowance for doubtful accounts
Cash equivalents
FDIC insured limit amount	$ 250,000

Summary of Significant Accoun33

Summary of Significant Accounting Policies - Schedule of Potential Antidilutive Computation of Basic and Diluted Net Loss Per Share (Details)	12 Months Ended
	Dec. 31, 2016shares
Totals	1,000,000
Options to Purchase Common Stock [Member]
Totals	1,000,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative)	1 Months Ended	12 Months Ended
	Apr. 30, 2017shares	Dec. 31, 2017USD ($)ft²shares	Dec. 31, 2016USD ($)shares	Feb. 04, 2016shares
Number of common shares issued | shares		7,041,579	3,131,579
Number of options exercised | shares		(100,000)
Equity ownership percentage		50.00%
Revenue from related party		$ 85,919	$ 28,527
Related party costs		87,649	1,500
Due to related party		31,257	52,000
Management expenses		$ 184,000	$ 158,000
Rezaul Karim [Member]
Number of options exercised | shares	100,000
Equity ownership percentage		76.00%
Renewable Energy Holdings LLC [Member]
Revenue from related party		$ 12,374
Completion of job, percentage		21.00%
Related party costs		$ 12,127
Executive Officers [Member]
Area of office | ft²		800
Reza Enterprises, Inc [Member]
Number of common shares issued | shares				526,316

Significant Concentrations of35

Significant Concentrations of Credit Risk (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
FDIC insured limit amount	$ 250,000
Concentrations of credit risk percentage	24.00%
One Customers [Member]
Concentrations of credit risk percentage	24.00%
Accounts Receivable [Member] | Three Unrelated Customers [Member]
Concentrations of credit risk percentage	36.00%
Accounts Receivable [Member] | Unrelated Customers One [Member]
Concentrations of credit risk percentage	14.00%
Accounts Receivable [Member] | Unrelated Customers Two [Member]
Concentrations of credit risk percentage	12.00%
Accounts Receivable [Member] | Unrelated Customers Three [Member]
Concentrations of credit risk percentage	10.00%
Accounts Receivable [Member] | One Customers [Member]
Concentrations of credit risk percentage		26.00%
FDIC, Australian Securities and Investments Commission [Member]
FDIC insured limit amount	$ 186,000
Maximum [Member]
FDIC insured limit amount	$ 250,000

Major Customers (Details Narrat

Major Customers (Details Narrative)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Concentrations of credit risk percentage	24.00%
Three Customers [Member]
Concentrations of credit risk percentage	10.00%
One Customers [Member]
Concentrations of credit risk percentage	24.00%
Two Customers [Member]
Concentrations of credit risk percentage	12.00%
Revenue [Member] | No Customers [Member]
Concentrations of credit risk percentage		10.00%

Property and Equipment (Details

Property and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Depreciation	$ 31,985	$ 21,517

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Property and Equipment, Gross	$ 428,189	$ 384,779
Less: accumulated depreciation	325,616	284,963
Property and Equipment, Net	102,573	99,816
Furniture and Fixtures [Member]
Property and Equipment, Gross	$ 6,857	6,320
Furniture and Fixtures [Member] | Minimum [Member]
Property and equipment, estimate useful life	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property and equipment, estimate useful life	7 years
Machinery and Equipment [Member]
Property and Equipment, Gross	$ 35,919	34,480
Machinery and Equipment [Member] | Minimum [Member]
Property and equipment, estimate useful life	5 years
Machinery and Equipment [Member] | Maximum [Member]
Property and equipment, estimate useful life	7 years
Computer and Software [Member]
Property and Equipment, Gross	$ 94,761	79,098
Computer and Software [Member] | Minimum [Member]
Property and equipment, estimate useful life	3 years
Computer and Software [Member] | Maximum [Member]
Property and equipment, estimate useful life	5 years
Auto and Truck [Member]
Property and Equipment, Gross	$ 250,044	227,456
Auto and Truck [Member] | Minimum [Member]
Property and equipment, estimate useful life	5 years
Auto and Truck [Member] | Maximum [Member]
Property and equipment, estimate useful life	7 years
Leasehold Improvements [Member]
Property and Equipment, Gross	$ 40,608	$ 37,425
Property and equipment, estimate useful life description	life of lease

Uncompleted Contracts - Summary

Uncompleted Contracts - Summary of Cost, Estimated Earnings and Billings on Uncompleted Contracts (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Contractors [Abstract]
Costs incurred on uncompleted contracts	$ 2,485,787	$ 2,193,406
Estimated earnings	779,598	629,086
Costs and estimated earnings on uncompleted contracts	3,265,385	2,822,492
Billings to date	3,553,817	2,558,700
Costs and estimated earnings in excess of billings on uncompleted contracts	(288,432)	263,792
Costs and earnings in excess of billings on completed contracts	(252,757)	255,426
Costs in excess of billings	51,531	91,904
Billings in excess of cost	(87,206)	(83,538)
Billings on Uncompleted Contracts total	$ (35,675)	$ 8,366

Leases (Details Narrative)

Leases (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Leases [Abstract]
Operating lease expiration date	Apr. 30, 2018
Rent expense	$ 90,000	$ 90,000

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Payments on Leases (Details)	Dec. 31, 2017USD ($)
Leases [Abstract]
2,018	$ 28,000
Total	$ 28,000

Contract Backlog (Details Narra

Contract Backlog (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Contract Backlog
Contract backlog	$ 1,091,816	$ 2,184,117
Direct costs	$ 808,098	$ 1,777,140

Acquisition Under Common Cont43

Acquisition Under Common Control (Details Narrative)	Jan. 31, 2017shares
Exchange Agreement [Member]
Stock issued during period acquisition	3,800,000

Stock Options Awards and Gran44

Stock Options Awards and Grants (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Market stock price			$ 0.473
Exercise price	$ 1.83	$ 0.01
Number of options granted	150,000	1,000,000
Award vesting period	5 years	5 years
Fair value of option vested	$ 156,477	$ 387,450
Unrecognized compensation expense	$ 110,366
Services [Member]
Exercise price	$ 2
Services [Member] | Five Years Term [Member]
Exercise price	1.50	$ 0.01
Common Stock [Member]
Exercise price	2
Closing sales price	$ 1.50

Stock Options Awards and Gran45

Stock Options Awards and Grants - Schedule of Stock Option Activity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Shares Outstanding at beginning	1,000,000
Number of Shares, Grants	150,000	1,000,000
Number of Shares, Exercised	(100,000)
Number of Shares, Cancelled
Number of Shares, Outstanding at end	1,050,000	1,000,000
Number of Shares, Exercisable at end
Weighted-Average Exercise Price, Outstanding at beginning	$ 0.01
Weighted-Average Exercise Price, Grants	1.83	0.01
Weighted-Average Exercise Price, Exercised	0.01
Weighted-Average Exercise Price, Outstanding at end	0.27	$ 0.01
Weighted-Average Exercise Price Exercisable at end
Weighted-Average Remaining Contractual Term Outstanding at beginning	3 years 2 months 8 days	0 years
Weighted-Average Remaining Contractual Term Grants	4 years 4 months 6 days	5 years
Weighted-Average Remaining Contractual Term Outstanding at end	3 years 4 months 6 days	3 years 2 months 8 days
Weighted-Average Remaining Contractual Term Exercisable at end	0 years
Aggregate Intrinsic Value Outstanding at beginning	$ 387,450
Aggregate Intrinsic Value Grants	$ 165,477	$ 387,450
Aggregate Intrinsic Value Exercised	$ (38,745)
Aggregate Intrinsic Value Outstanding at end	514,182	$ 387,450
Aggregate Intrinsic Value Exercisable at end

Stock Options Awards and Gran46

Stock Options Awards and Grants - Schedule of Stock Option Outstanding (Details)	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Exercise Price $0.01 [Member]
Number of Options Exercise Price | $ / shares	$ 0.01
Number of Options, Outstanding	900,000
Weighted Average Remaining Life	3 years 2 months 8 days
Exercisable Number of Options
Exercise Price $1.50 [Member]
Number of Options Exercise Price | $ / shares	$ 1.50
Number of Options, Outstanding	50,000
Weighted Average Remaining Life	4 years 6 months 14 days
Exercisable Number of Options
Exercise Price $2.00 [Member]
Number of Options Exercise Price | $ / shares	$ 2
Number of Options, Outstanding	100,000
Weighted Average Remaining Life	4 years 3 months 4 days
Exercisable Number of Options

Segment Information (Details Na

Segment Information (Details Narrative)	12 Months Ended
	Dec. 31, 2017Segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Information - Schedule

Segment Information - Schedule of Reportable Segments Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Revenue	$ 6,352,886	$ 5,007,103
Cost of sales	4,329,070	3,356,676
Operating expenses	1,960,863	2,357,154
Operating (loss) income	62,953	(706,727)
Renewable Systems Integration [Member]
Revenue	85,919	28,527
Cost of sales	87,649	1,500
Operating expenses	261,118	478,834
Operating (loss) income	(262,633)	(478,415)
Non-renewable Systems Integration [Member]
Revenue	6,266,967	4,978,576
Cost of sales	4,241,421	3,355,176
Operating expenses	1,699,745	1,878,320
Operating (loss) income	$ 325,586	$ (228,312)

Net Income (Loss) Per Share - S

Net Income (Loss) Per Share - Schedule of Compute Basic and Diluted Earnings Per Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Earnings (Loss) per share
Net income (loss)	$ 8,897	$ (706,727)
Weighted average common shares outstanding	6,703,223	2,853,785
Dilutive securities Options	996,521	0
Diluted weighted average common shares outstanding	7,699,743	2,853,785
Basic net income (loss) per share	$ 0	$ (0.25)
Diluted net income (loss) per share	$ 0	$ (0.25)

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Gross deferred tax assets	$ 235,000	$ 41,000
Deferred tax assets valuation allowance	191,000	41,000
Change in the valuation allowance	150,000
Net operating loss carryforwards	$ 235,000	$ 97,000
Net operating loss carryforwards expiration description	Which begin to expire after 2036 through 2037
Ownership percentage	50.00%
Income tax description	Reduces the U.S. federal corporate tax rate from 35 percent to 21 percent, eliminates the alternative minimum tax (“AMT”) for corporations, and creates a one-time deemed repatriation of profits earned outside of the U.S.
Income tax effective corporate tax rate	21.00%
Deferred tax assets write-down	$ 88,000
Decrease in net operating loss	$ 64,000

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Total current	$ 98,000
Total deferred	(44,000)
Total income tax expense (benefit)	54,056
U.S. Federal [Member]
Total current
Total deferred
U.S. State and Local [Member]
Total current
Total deferred
Australia [Member]
Total current	98,000
Total deferred	$ (44,000)

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Asset and Liability (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Net operating loss carryforwards – U.S.	$ 68,000	$ 41,000
Share-based compensation	123,000
Accrued liabilities	44,000
Gross deferred tax assets	235,000	41,000
Valuation allowance	(191,000)	(41,000)
Net deferred tax assets	$ 44,000

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Effective tax rate	21.00%
Federal [Member]
U.S. federal Federal statutory tax rate	34.00%	34.00%
State income taxes, net of federal benefit	(67.20%)	5.90%
U.S. vs. foreign tax rate differential	(20.70%)	0.00%
Impact of tax law change	140.50%	0.00%
Deferred tax adjustments	(205.70%)	0.00%
Deemed repatriation	34.70%	0.00%
Other	(8.10%)	0.00%
Change in valuation allowance	178.40%	(39.90%)
Effective tax rate	85.90%	0.00%

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Feb. 02, 2018	Jan. 02, 2018	Dec. 31, 2017	Dec. 31, 2016
Common stock, par value			$ 0.0001	$ 0.0001
Subsequent Event [Member] | PVBJ Inc [Member]
Common stock acquired from acquisition	$ 1,000,000
Cash acquired from acquisition	$ 221,800
Subsequent Event [Member] | Securities Purchase Agreement [Member] | Andrew Hidalgo and Michael Doyle [Member]
Aggregate principal amount		$ 400,000
Convertible debt, percentage		12.00%
Common stock, par value		$ 0.0001
Conversion price per share		$ 0.75
Debt, description		The debentures, together with any accrued and unpaid interest, become due and payable on January 2, 2020