10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001144204-14-031101 |
| Period End Date | 20140331 |
| Filing Date | 20140515 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | cicc-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| 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 |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
25.69M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$25.82M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
25.69M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$40.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$29.71M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$43.98M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
25.69M | shares | Point-in-time |
| Rental deposit |
RentalDepositCurrent
|
$136.48K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
25.69M | shares | Point-in-time |
| Rental deposit |
RentalDepositCurrent
|
$6.61K | USD | Point-in-time |
| Equipment deposit |
EquipmentDepositCurrent
|
$3.21K | USD | Point-in-time |
| Equipment deposit |
EquipmentDepositCurrent
|
$3.24K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$19.12K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$36.20K | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetCurrent
|
$77.65K | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetCurrent
|
$85.55K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$44.22M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$40.37M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$8.46M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$9.46M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$62.01K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$49.94K | USD | Point-in-time |
| Rental deposit-long-term portion |
RentalDepositNonCurrent
|
$323.22K | USD | Point-in-time |
| Rental deposit-long-term portion |
RentalDepositNonCurrent
|
$456.94K | USD | Point-in-time |
| Total assets |
Assets
|
$53.05M | USD | Point-in-time |
| Total assets |
Assets
|
$50.35M | USD | Point-in-time |
| Short term loan |
ShortTermBorrowings
|
$162.29K | USD | Point-in-time |
| Short term loan |
ShortTermBorrowings
|
$163.66K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$210.56K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$227.98K | USD | Point-in-time |
| Registration penalties payable |
RegistrationPenaltiesPayable
|
$641.20K | USD | Point-in-time |
| Registration penalties payable |
RegistrationPenaltiesPayable
|
$641.20K | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$2.29M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$2.43M | USD | Point-in-time |
| Payroll and payroll related liabilities |
EmployeeRelatedLiabilitiesCurrent
|
$366.62K | USD | Point-in-time |
| Payroll and payroll related liabilities |
EmployeeRelatedLiabilitiesCurrent
|
$363.58K | USD | Point-in-time |
| Income and other taxes payable |
TaxesPayableCurrent
|
$1.35M | USD | Point-in-time |
| Income and other taxes payable |
TaxesPayableCurrent
|
$1.01M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$605.03K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$602.09K | USD | Point-in-time |
| Amount due to a shareholder |
DueToOfficersOrStockholdersCurrent
|
$3.10M | USD | Point-in-time |
| Amount due to a shareholder |
DueToOfficersOrStockholdersCurrent
|
$3.06M | USD | Point-in-time |
| Dividend payable on preferred stock |
DividendsPayableCurrent
|
$186.56K | USD | Point-in-time |
| Dividend payable on preferred stock |
DividendsPayableCurrent
|
$186.56K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$9.04M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$8.56M | USD | Point-in-time |
| Common stock ($0.00001 par value, 100,000,000 shares authorized, 25,689,524 shares issued and outstanding as of March 31, 2014 and December 31, 2013) |
CommonStockValue
|
$257.00 | USD | Point-in-time |
| Common stock ($0.00001 par value, 100,000,000 shares authorized, 25,689,524 shares issued and outstanding as of March 31, 2014 and December 31, 2013) |
CommonStockValue
|
$257.00 | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$5.73M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$5.73M | 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
|
$32.55M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$35.16M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.40M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.79M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityAttributableToParentExcludingPreferredStock
|
$41.79M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityAttributableToParentExcludingPreferredStock
|
$44.01M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$50.35M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$53.05M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
Revenues
|
$7.20M | USD | 1 Quarter |
| Revenue |
Revenues
|
$7.66M | USD | 1 Quarter |
| Cost of revenue |
CostOfServices
|
$4.08M | USD | 1 Quarter |
| Cost of revenue |
CostOfServices
|
$4.09M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$3.57M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$3.12M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$271.18K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$110.53K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$271.18K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$110.53K | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$2.85M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$3.46M | USD | 1 Quarter |
| Change in fair value of derivative financial instrument - preferred stock |
GainLossOnDerivativeInstrumentsPreferredStockNetPretax
|
$64.28K | USD | 1 Quarter |
| Change in fair value of derivative financial instrument - preferred stock |
GainLossOnDerivativeInstrumentsPreferredStockNetPretax
|
- | USD | 1 Quarter |
| Change in fair value of derivative financial instrument - warrants |
GainLossOnDerivativeInstrumentsWarrantsNetPretax
|
$277.05K | USD | 1 Quarter |
| Change in fair value of derivative financial instrument - warrants |
GainLossOnDerivativeInstrumentsWarrantsNetPretax
|
- | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$35.37K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$4.59K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$3.68K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.24K | USD | 1 Quarter |
| Other expenses |
OtherNonoperatingExpense
|
$145.00 | USD | 1 Quarter |
| Other expenses |
OtherNonoperatingExpense
|
$317.00 | USD | 1 Quarter |
| Total non-operating income (expenses) |
NonoperatingIncomeExpense
|
$31.37K | USD | 1 Quarter |
| Total non-operating income (expenses) |
NonoperatingIncomeExpense
|
$340.54K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$3.49M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$3.19M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$756.34K | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$882.87K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.44M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.61M | USD | 1 Quarter |
| Dividend on preferred stock |
PreferredStockDividendsAndOtherAdjustments
|
- | USD | 1 Quarter |
| Dividend on preferred stock |
PreferredStockDividendsAndOtherAdjustments
|
$113.84K | USD | 1 Quarter |
| Net income attributable to China Internet Cafe Holdings Group, Inc. common stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$2.61M | USD | 1 Quarter |
| Net income attributable to China Internet Cafe Holdings Group, Inc. common stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$2.32M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.61M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.44M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$196.69K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-390.11K | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$2.22M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$2.63M | USD | 1 Quarter |
| - Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.10 | USD | 1 Quarter |
| - Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.10 | USD | 1 Quarter |
| - Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.09 | USD | 1 Quarter |
| - Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.10 | USD | 1 Quarter |
| - Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.22M | shares | 1 Quarter |
| - Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
25.69M | shares | 1 Quarter |
| - Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
25.69M | shares | 1 Quarter |
| - Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
25.69M | shares | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$2.44M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.61M | USD | 1 Quarter |
| Change in fair value of derivative financial instrument - preferred stock |
GainLossOnDerivativeInstrumentsPreferredStockNetPretax
|
$64.28K | USD | 1 Quarter |
| Change in fair value of derivative financial instrument - preferred stock |
GainLossOnDerivativeInstrumentsPreferredStockNetPretax
|
- | USD | 1 Quarter |
| Change in fair value of derivative financial instrument- warrants |
GainLossOnDerivativeInstrumentsWarrantsNetPretax
|
$277.05K | USD | 1 Quarter |
| Change in fair value of derivative financial instrument- warrants |
GainLossOnDerivativeInstrumentsWarrantsNetPretax
|
- | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$935.18K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$995.70K | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$11.63K | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$9.57K | USD | 1 Quarter |
| Deferred tax assets |
IncreaseDecreaseInDeferredIncomeTaxes
|
$8.62K | USD | 1 Quarter |
| Deferred tax assets |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-2.92K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-16.91K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$14.42K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-15.63K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$123.58K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$106.59K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$153.88K | USD | 1 Quarter |
| Payroll and payroll related liabilities |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$22.00 | USD | 1 Quarter |
| Payroll and payroll related liabilities |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-33.88K | USD | 1 Quarter |
| Income and other taxes payable |
IncreaseDecreaseInAccruedTaxesPayable
|
$139.90K | USD | 1 Quarter |
| Income and other taxes payable |
IncreaseDecreaseInAccruedTaxesPayable
|
$349.57K | USD | 1 Quarter |
| Accrued expenses and penalties payable |
IncreaseDecreaseInOtherAccruedLiabilities
|
$898.00 | USD | 1 Quarter |
| Accrued expenses and penalties payable |
IncreaseDecreaseInOtherAccruedLiabilities
|
$312.76K | USD | 1 Quarter |
| Amount due to a shareholder |
IncreaseDecreaseInDueToOfficersAndStockholdersCurrent
|
$168.29K | USD | 1 Quarter |
| Amount due to a shareholder |
IncreaseDecreaseInDueToOfficersAndStockholdersCurrent
|
$49.01K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$3.90M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.10M | USD | 1 Quarter |
| Short term loan repayments |
ProceedsFromLoanReceivableDueToTerminationOfInvestmentAgreement
|
$-159.31K | USD | 1 Quarter |
| Short term loan repayments |
ProceedsFromLoanReceivableDueToTerminationOfInvestmentAgreement
|
- | USD | 1 Quarter |
| Net cash flows used in financing activities: |
NetCashProvidedByUsedInFinancingActivities
|
$-159.31K | USD | 1 Quarter |
| Net cash flows used in financing activities: |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Effect of foreign currency translation on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$149.56K | USD | 1 Quarter |
| Effect of foreign currency translation on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-367.06K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.90M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.74M | USD | 1 Quarter |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$43.98M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$29.71M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$40.24M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$25.82M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$25.82M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$40.24M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$29.71M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$43.98M | USD | Point-in-time |
| Interest paid |
InterestPaid
|
$3.68K | USD | 1 Quarter |
| Interest paid |
InterestPaid
|
$5.24K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$599.02K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$566.94K | USD | 1 Quarter |
| Dividend payable on preferred stock |
DividendsPreferredStockStock
|
$186.56K | USD | 1 Quarter |
| Dividend payable on preferred stock |
DividendsPreferredStockStock
|
- | USD | 1 Quarter |
Stockholders Equity
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$44.01M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$41.79M | USD | Point-in-time |
| Net income for the period |
NetIncomeLoss
|
$2.44M | USD | 1 Quarter |
| Net income for the period |
NetIncomeLoss
|
$2.61M | USD | 1 Quarter |
| Foreign currency translation difference |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$196.69K | USD | 1 Quarter |
| Foreign currency translation difference |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-390.11K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$44.01M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$41.79M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.