10-K Filing

CHINA INTERNET CAFE HOLDINGS GROUP, INC. CIK: 1373846 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001144204-12-018776`
Period End Date	20111231
Filing Date	20120330
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	cicc-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 52 Cash Flow Statement 84 Stockholders Equity 20

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$19.63M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.84M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	4.27M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$945.28K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Loan receivable	`NotesAndLoansReceivableNetCurrent`	$2.42M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	4.27M	shares	Point-in-time
Loan receivable	`NotesAndLoansReceivableNetCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Rental deposit	`RentalDepositCurrent`	$55.51K	USD	Point-in-time
Rental deposit	`RentalDepositCurrent`	$86.58K	USD	Point-in-time
Preferred stock, preference in liquidation (in dollars)	`PreferredStockLiquidationPreferenceValue`	-	USD	Point-in-time
Preferred stock, preference in liquidation (in dollars)	`PreferredStockLiquidationPreferenceValue`	$5.77M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Equipment deposit	`EquipmentDepositCurrent`	$994.73K	USD	Point-in-time
Equipment deposit	`EquipmentDepositCurrent`	$1.30M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventory	`InventoryNet`	$212.61K	USD	Point-in-time
Inventory	`InventoryNet`	$180.58K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	21.12M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$69.41K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.20M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.20M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$8.74M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.12M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$20.99M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.85M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$13.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$191.09K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$161.08K	USD	Point-in-time
Rental deposit-long term portion	`RentalDepositNonCurrent`	$314.74K	USD	Point-in-time
Rental deposit-long term portion	`RentalDepositNonCurrent`	$235.51K	USD	Point-in-time
Total assets	`Assets`	$34.47M	USD	Point-in-time
Total assets	`Assets`	$16.01M	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	-	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	$151.25K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$69.37K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$100.48K	USD	Point-in-time
Registration penalties payable	`RegistrationPenaltiesPayable`	$448.84K	USD	Point-in-time
Registration penalties payable	`RegistrationPenaltiesPayable`	-	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$579.82K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$2.08M	USD	Point-in-time
Payroll and payroll related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$199.55K	USD	Point-in-time
Payroll and payroll related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$323.29K	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$987.19K	USD	Point-in-time
Income and other taxes payable	`TaxesPayableCurrent`	$1.32M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$102.02K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$365.70K	USD	Point-in-time
Amount due to a shareholder	`DueToOfficersOrStockholdersCurrent`	$465.74K	USD	Point-in-time
Amount due to a shareholder	`DueToOfficersOrStockholdersCurrent`	$2.14M	USD	Point-in-time
Dividend payable on preferred stock	`DividendsPayableCurrent`	-	USD	Point-in-time
Dividend payable on preferred stock	`DividendsPayableCurrent`	$72.73K	USD	Point-in-time
Derivative financial instrument - preferred stock	`DerivativeFinancialInstrumentPreferredStock`	-	USD	Point-in-time
Derivative financial instrument - preferred stock	`DerivativeFinancialInstrumentPreferredStock`	$147.70K	USD	Point-in-time
Derivative financial instrument - warrants	`DerivativeFinancialInstrumentWarrants`	$129.50K	USD	Point-in-time
Derivative financial instrument - warrants	`DerivativeFinancialInstrumentWarrants`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.12M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.00001 par value, 100,000,000 shares authorized, 4,274,703 and 0 shares issued and outstanding; preference in liquidation - $5,770,849 and $0)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.00001 par value, 100,000,000 shares authorized, 4,274,703 and 0 shares issued and outstanding; preference in liquidation - $5,770,849 and $0)	`PreferredStockValue`	$3.68M	USD	Point-in-time
Common stock ($0.00001 par value, 100,000,000 shares authorized, 21,124,967 and 20,200,000 shares issued and outstanding as of December 31, 2011 and 2010, respectively)	`CommonStockValue`	$212.00	USD	Point-in-time
Common stock ($0.00001 par value, 100,000,000 shares authorized, 21,124,967 and 20,200,000 shares issued and outstanding as of December 31, 2011 and 2010, respectively)	`CommonStockValue`	$202.00	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$1.63M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$1.73M	USD	Point-in-time
Statutory surplus reserves	`StatutorySurplusReserves`	$718.74K	USD	Point-in-time
Statutory surplus reserves	`StatutorySurplusReserves`	$718.74K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.76M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.46M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$611.94K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityAttributableToParentExcludingPreferredStock`	$23.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityAttributableToParentExcludingPreferredStock`	$13.46M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$34.47M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$16.01M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$20.46M	USD	Annual
Revenue	`Revenues`	$32.60M	USD	Annual
Cost of revenue	`CostOfServices`	$11.82M	USD	Annual
Cost of revenue	`CostOfServices`	$20.27M	USD	Annual
Gross profit	`GrossProfit`	$12.33M	USD	Annual
Gross profit	`GrossProfit`	$8.64M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$634.74K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.27M	USD	Annual
Total operating expenses	`OperatingExpenses`	$2.27M	USD	Annual
Total operating expenses	`OperatingExpenses`	$634.74K	USD	Annual
Income from operations	`OperatingIncomeLoss`	$10.05M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$8.00M	USD	Annual
Change in fair value of derivative financial instrument - preferred stock	`GainLossOnDerivativeInstrumentsPreferredStockNetPretax`	-	USD	Annual
Change in fair value of derivative financial instrument - preferred stock	`GainLossOnDerivativeInstrumentsPreferredStockNetPretax`	$1.46M	USD	Annual
Change in fair value of derivative financial instrument - warrants	`GainLossOnDerivativeInstrumentsWarrantsNetPretax`	-	USD	Annual
Change in fair value of derivative financial instrument - warrants	`GainLossOnDerivativeInstrumentsWarrantsNetPretax`	$783.29K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$8.27K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$12.44K	USD	Annual
Interest expenses	`InterestExpense`	$9.44K	USD	Annual
Interest expenses	`InterestExpense`	$9.30K	USD	Annual
Other expenses	`OtherNonoperatingExpense`	$563.00	USD	Annual
Other expenses	`OtherNonoperatingExpense`	$43.00	USD	Annual
Reorganizational expenses	`OtherCostAndExpenseOperating`	$435.09K	USD	Annual
Total non-operating income (expenses)	`NonoperatingIncomeExpense`	$-436.30K	USD	Annual
Total non-operating income (expenses)	`NonoperatingIncomeExpense`	$2.24M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.57M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.29M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$2.79M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$1.82M	USD	Annual
Net income	`NetIncomeLoss`	$5.75M	USD	Annual
Net income	`NetIncomeLoss`	$4.39M	USD	Annual
Net income	`NetIncomeLoss`	$9.51M	USD	Annual
Dividend on preferred stock	`PreferredStockDividendsAndOtherAdjustments`	$247.49K	USD	Annual
Dividend on preferred stock	`PreferredStockDividendsAndOtherAdjustments`	-	USD	Annual
Net income attributable to China Internet Cafe Holdings Group, Inc. common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.26M	USD	Annual
Net income attributable to China Internet Cafe Holdings Group, Inc. common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.75M	USD	Annual
Net income	`NetIncomeLoss`	$5.75M	USD	Annual
Net income	`NetIncomeLoss`	$4.39M	USD	Annual
Net income	`NetIncomeLoss`	$9.51M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$843.43K	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$8.96K	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$400.95K	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.15M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.35M	USD	Annual
- Basic (in dollars per share)	`EarningsPerShareBasic`	$0.29	USD	Annual
- Basic (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	Annual
- Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.29	USD	Annual
- Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	Annual
- Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.60M	shares	Annual
- Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	20.99M	shares	Annual
- Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.66M	shares	Annual
- Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.60M	shares	Annual

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.75M	USD	Annual
Net income	`NetIncomeLoss`	$4.39M	USD	Annual
Net income	`NetIncomeLoss`	$9.51M	USD	Annual
Change in fair value of derivative financial instrument - preferred stock	`GainLossOnDerivativeInstrumentsPreferredStockNetPretax`	$1.46M	USD	Annual
Change in fair value of derivative financial instrument - preferred stock	`GainLossOnDerivativeInstrumentsPreferredStockNetPretax`	-	USD	Annual
Change in fair value of derivative financial instrument- warrants	`GainLossOnDerivativeInstrumentsWarrantsNetPretax`	-	USD	Annual
Change in fair value of derivative financial instrument- warrants	`GainLossOnDerivativeInstrumentsWarrantsNetPretax`	$783.29K	USD	Annual
Advisory fee	`TechnologyServicesCosts`	$450.00K	USD	Annual
Advisory fee	`TechnologyServicesCosts`	-	USD	Annual
Depreciation	`Depreciation`	$2.95M	USD	Annual
Depreciation	`Depreciation`	$1.66M	USD	Annual
Amortization	`AdjustmentForAmortization`	$37.21K	USD	Annual
Amortization	`AdjustmentForAmortization`	$23.54K	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$68.31K	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-968.33K	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-737.60K	USD	Annual
Prepayment	`IncreaseDecreaseInPrepaidExpense`	-	USD	Annual
Prepayment	`IncreaseDecreaseInPrepaidExpense`	$2.36M	USD	Annual
Rental deposit	`IncreaseDecreaseInRentalDeposit`	$96.98K	USD	Annual
Rental deposit	`IncreaseDecreaseInRentalDeposit`	$114.03K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-30.60K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$24.26K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$31.59K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$29.72K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.46M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-217.13K	USD	Annual
Payroll and payroll related liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$113.76K	USD	Annual
Payroll and payroll related liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$69.17K	USD	Annual
Income and other taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$284.12K	USD	Annual
Income and other taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$432.88K	USD	Annual
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$52.94K	USD	Annual
Accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$704.90K	USD	Annual
Amount due to a shareholder	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$456.84K	USD	Annual
Amount due to a shareholder	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$1.64M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.55M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.72M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.15M	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.48M	USD	Annual
Receipt of loan receivable due to termination of an investment agreement	`ProceedsFromLoanReceivableDueToTerminationOfInvestmentAgreement`	$2.48M	USD	Annual
Receipt of loan receivable due to termination of an investment agreement	`ProceedsFromLoanReceivableDueToTerminationOfInvestmentAgreement`	-	USD	Annual
Deposits paid for property, plant and equipment	`DepositsPaidForPropertyPlantAndEquipment`	$1.27M	USD	Annual
Deposits paid for property, plant and equipment	`DepositsPaidForPropertyPlantAndEquipment`	$896.90K	USD	Annual
Assets acquisition of cafes	`AcquisitionOfCafe`	-	USD	Annual
Assets acquisition of cafes	`AcquisitionOfCafe`	$728.87K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.15M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.90M	USD	Annual
Net proceeds from issuance of preferred stock and warrants	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	Annual
Net proceeds from issuance of preferred stock and warrants	`ProceedsFromIssuanceOrSaleOfEquity`	$5.68M	USD	Annual
Increase/(Decrease) from short term loan	`ProceedsFromShortTermDebt`	$-154.93K	USD	Annual
Increase/(Decrease) from short term loan	`ProceedsFromShortTermDebt`	-	USD	Annual
Cash acquired from reverse merger	`IssuanceOfSharesForReverseMerger`	-	USD	Annual
Cash acquired from reverse merger	`IssuanceOfSharesForReverseMerger`	$1.44K	USD	Annual
Capital contribution by shareholder	`ProceedsFromIssuanceOfCommonStock`	$251.61K	USD	Annual
Capital contribution by shareholder	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Net cash flows provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$253.05K	USD	Annual
Net cash flows provided by financing activities:	`NetCashProvidedByUsedInFinancingActivities`	$5.52M	USD	Annual
Effect of foreign currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$452.62K	USD	Annual
Effect of foreign currency translation on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$118.91K	USD	Annual
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$774.97K	USD	Annual
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$15.79M	USD	Annual
Cash - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$19.63M	USD	Point-in-time
Cash - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.84M	USD	Point-in-time
Cash - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Cash - end of year	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Cash - end of year	`CashAndCashEquivalentsAtCarryingValue`	$19.63M	USD	Point-in-time
Cash - end of year	`CashAndCashEquivalentsAtCarryingValue`	$3.84M	USD	Point-in-time
Interest paid	`InterestPaid`	$9.30K	USD	Annual
Interest paid	`InterestPaid`	$9.44K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$1.63M	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$2.78M	USD	Annual
Net property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$503.49K	USD	Annual
Net property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	Annual
Other current assets	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$15.79K	USD	Annual
Other current assets	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	-	USD	Annual
Intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	$209.58K	USD	Annual
Intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	-	USD	Annual
Net assets acquired	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	-	USD	Annual
Net assets acquired	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$728.87K	USD	Annual
Transfer of equipment deposits paid in property and equipment	`TransferOfEquipmentDepositsPaidInPropertyAndEquipment`	$1.25M	USD	Annual
Transfer of equipment deposits paid in property and equipment	`TransferOfEquipmentDepositsPaidInPropertyAndEquipment`	$83.81K	USD	Annual
Registration penalties	`RegistrationPenalties`	$448.84K	USD	Annual
Advisory fee	`AdvisoryFee`	-	USD	Annual
Advisory fee	`AdvisoryFee`	$450.00K	USD	Annual

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$23.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$2.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$7.06M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.46M	USD	Point-in-time
Contributed capital by existing shareholders	`AdjustmentsToAdditionalPaidInCapitalContributedByExistingShareholders`	$6.45K	USD	Annual
Contributed capital by existing shareholders	`AdjustmentsToAdditionalPaidInCapitalContributedByExistingShareholders`	$251.61K	USD	Annual
Transfers to statutory reserves	`TransfersToStatutoryReserves`	-	USD	Annual
Reorganization for reverse merger	`StockIssuedDuringPeriodValueAcquisitions`	$3.33K	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$100.32K	USD	Annual
Preferred stock dividend	`DividendsPreferredStock`	$-247.49K	USD	Annual
Net income for the year	`NetIncomeLoss`	$5.75M	USD	Annual
Net income for the year	`NetIncomeLoss`	$4.39M	USD	Annual
Net income for the year	`NetIncomeLoss`	$9.51M	USD	Annual
Foreign currency translation difference	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$8.96K	USD	Annual
Foreign currency translation difference	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$400.95K	USD	Annual
Foreign currency translation difference	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$843.43K	USD	Annual
Balance	`StockholdersEquity`	$23.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$2.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$7.06M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.46M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.