Quarterly report pursuant to Section 13 or 15(d)

Significant Related Party Transactions (Tables)

v3.20.2
Significant Related Party Transactions (Tables)
 3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Schedule of name of related parties and relationships
Related Party   Relationship
Dmedia Holding LP ("Dmedia")   23.45% stockholder
Sheng-Chun Chang   Shareholder; President of WTL
Well Thrive Limited ("WTL")   Shareholder; Sheng-Chun Chang, is the President
AA Twin Associates Ltd. ("AATWIN")   Georges Caldironi, COO of Aerkomm, is sole owner
Schedule of significant related party transactions
   

March 31,

2020

     December 31,
2019		  
    (Unaudited)        
Other receivable from                
Sheng-Chun Chang1   $ 264,463     $ -  
Other     3,720       920  
    $ 268,183     $ 920  
                 
Short-term loan from WTL2   $ 2,119,669     $ -  
Other payable to:                
AATWIN3   $ 60,907     $ -  
Others4     89,062       30,971  
Total   $ 149,969     $ 30,971  
Schedule of expenses paid by related party
    Three Months Ended
March 31,		  
    2020     2019  
    (Unaudited)     (Unaudited)  
Consulting expense charged by AATWIN   $ 50,111     $ -  
Interest expense charged by WTL     3,987       -  
Interest expense charged by Dmedia     -       298