Quarterly report pursuant to Section 13 or 15(d)

Significant Related Party Transactions (Details) - Schedule of related party transactions

v3.22.4
Significant Related Party Transactions (Details) - Schedule of related party transactions - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Total [Member]    
Other payable to:    
Other payable $ 576,761 $ 694,400
Star Jec [Member]    
Other receivable from:    
Other receivable [1] 173,996
EESquare JP [Member]    
Other receivable from:    
Other receivable [2] 8,293 2,605
Others [Member]    
Other receivable from:    
Other receivable   471
Total [Member]    
Other receivable from:    
Other receivable 182,289 3,076
Customer Prepayment from Ejectt [Member]    
Other receivable from:    
Customer Prepayment from Ejectt [3] 1,229,154
Loan from WTL [Member]    
Other receivable from:    
Loan from WTL [4] 206,734 1,143,259
AATWIN [Member]    
Other payable to:    
Other payable [5] 104,219 294,429
Interest payable to WTL [Member]    
Other payable to:    
Other payable [4] 56,867 54,602
Others [Member[    
Other payable to:    
Other payable [6] 415,675 345,369
Lease liability to WWI [Member]    
Other payable to:    
Lease liability to WWI [7] $ 55,022 $ 55,025
[1] On December 14, 2021, Aerkomm Japan and Star Jet, a Taiwan limited liability company, signed a Housing Service Order. Further on January 22, 2022, Aerkomm Japan and Star Jet signed a Satellite Service Order. Under the two orders, Aerkomm Japan agreed to provide satellite services and housing services to Star Jec.
[2] Aircom Japan entered into a sublease agreement with EESquare JP for the period between March 5, 2019 and March 4, 2023. Pursuant to the terms of this lease agreement, EESquare JP pays Aircom Japan a rental fee of approximately $920 per month.
[3] On April 18, 2021, the Company entered into a memorandum of understanding with Ejectt pursuant to which Ejectt will serve as the exclusive service provider to the Company in Asia with respect to the installation and service of the Company’s Aerkomm AirCinema Cube (“ACC”) product and the related software platform (“Rayfin”) on which AAC will operate. In March 2022, Ejectt made prepayment of $361,910 to the Company in order to obtain certain air certificate. Further in June 2022, Ejectt made prepayment of $464,234 to the Company in order to purchase certain satellite equipment.
[4] The Company has loans from WTL due to operational needs under the Loans (Note 1). As of December 20, 2022, the Company borrowed approximately $206,734 (approximately NTD 6,570,000) from WTL under the loans.
[5] Represents payable to AATWIN due to consulting agreement on January 1, 2019. The monthly consulting fee is €15,120 (approximately $17,000) and was expired on December 31, 2021.
[6] Represents receivable/payable from/to employees as a result of regular operating activities.
[7] Aircom Hong Kong has a lease agreement with WWI for the warehouse with a monthly rental cost of HK$1,000. The lease term was from July 1, 2022 to June 30, 2023. Aircom Hong Kong has another lease agreement with WWI for its office space in Hong Kong with a monthly rental cost of HKD 30,000 (approximately $3,823). The lease term is from June 28, 2022 to June 27, 2023.