20-F Filing

AGM GROUP HOLDINGS, INC. CIK: 1705402 FY 2017

Filing Information

Form Type	20-F
Accession Number	`0001213900-18-005132`
Period End Date	20171231
Filing Date	20180430
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	agmh-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 72 Cash Flow Statement 95 Stockholders Equity 18

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.99K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.22M	USD	Point-in-time
Transaction monetary assets held for clients	`TransactionMonetaryAssetsHeldForClients`	$885.96K	USD	Point-in-time
Transaction monetary assets held for clients	`TransactionMonetaryAssetsHeldForClients`	$12.52M	USD	Point-in-time
Mark to market assets for open trading positions	`MarkToMarketAssetsForOpenTradingPositions`	$241.34K	USD	Point-in-time
Mark to market assets for open trading positions	`MarkToMarketAssetsForOpenTradingPositions`	$40.72K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.70M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$411.07K	USD	Point-in-time
Accounts receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$247.00K	USD	Point-in-time
Accounts receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$172.24K	USD	Point-in-time
Prepaid expenses and other current assets	`OtherPrepaidExpenseCurrent`	$498.74K	USD	Point-in-time
Prepaid expenses and other current assets	`OtherPrepaidExpenseCurrent`	$304.50K	USD	Point-in-time
Subscription receivables	`SubscriptionReceivables`	$1.17M	USD	Point-in-time
Subscription receivables	`SubscriptionReceivables`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.54M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$75.53K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$99.63K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$75.64K	USD	Point-in-time
Intangible assets, net	`OtherIntangibleAssetsNet`	$1.75M	USD	Point-in-time
Intangible assets, net	`OtherIntangibleAssetsNet`	$3.10M	USD	Point-in-time
Total assets	`Assets`	$24.75M	USD	Point-in-time
Total assets	`Assets`	$10.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$168.08K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.96K	USD	Point-in-time
Deposits payable	`Deposits`	$885.96K	USD	Point-in-time
Deposits payable	`Deposits`	$12.52M	USD	Point-in-time
Mark to market liabilities for open trading positions	`MarkToMarketLiabilitiesForOpenTradingPositions`	$20.60K	USD	Point-in-time
Mark to market liabilities for open trading positions	`MarkToMarketLiabilitiesForOpenTradingPositions`	$106.50K	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$2.62M	USD	Point-in-time
Accrued expenses and other current liabilities	`OtherAccruedLiabilitiesCurrent`	$1.08M	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	-	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$201.83K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$5.31K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$60.85K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$213.49K	USD	Point-in-time
Notes payable - related parties	`NotesReceivableRelatedPartiesCurrent`	$-1.30M	USD	Point-in-time
Notes payable - related parties	`NotesReceivableRelatedPartiesCurrent`	$-3.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$16.63M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.97M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.97M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.10M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.49K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$48.15K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.25M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$-144.41K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$8.12M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	-	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$24.75M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$10.47M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Service revenues, net	`ServiceRevenuesNet`	-	USD	3 Qtrs
Service revenues, net	`ServiceRevenuesNet`	$10.06M	USD	Annual
Service revenues, net	`ServiceRevenuesNet`	$4.60M	USD	Annual
Service revenues - related party	`ServiceRevenuesRelatedParty`	$2.17M	USD	Annual
Service revenues - related party	`ServiceRevenuesRelatedParty`	-	USD	3 Qtrs
Service revenues - related party	`ServiceRevenuesRelatedParty`	$2.72M	USD	Annual
Trading revenues	`TradingRevenues`	$384.50K	USD	Annual
Trading revenues	`TradingRevenues`	$315.19K	USD	Annual
Trading revenues	`TradingRevenues`	-	USD	3 Qtrs
Total revenues, net	`Revenues`	$7.70M	USD	Annual
Total revenues, net	`Revenues`	$12.54M	USD	Annual
Total revenues, net	`Revenues`	-	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$2.38M	USD	Annual
Cost of revenues	`CostOfRevenue`	-	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$3.54M	USD	Annual
Total cost of revenues	`CostOfGoodsSold`	$2.38M	USD	Annual
Total cost of revenues	`CostOfGoodsSold`	$3.54M	USD	Annual
Total cost of revenues	`CostOfGoodsSold`	-	USD	3 Qtrs
Gross profit	`GrossProfit`	-	USD	3 Qtrs
Gross profit	`GrossProfit`	$5.33M	USD	Annual
Gross profit	`GrossProfit`	$9.00M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.90M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$150.45K	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.53M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	-	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$398.19K	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$289.49K	USD	Annual
Total operating expenses	`OperatingExpenses`	$3.93M	USD	Annual
Total operating expenses	`OperatingExpenses`	$2.19M	USD	Annual
Total operating expenses	`OperatingExpenses`	$150.45K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$5.07M	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$-150.45K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$3.14M	USD	Annual
Other expense	`OtherExpenses`	$44.15K	USD	Annual
Other expense	`OtherExpenses`	$174.00	USD	3 Qtrs
Other expense	`OtherExpenses`	$3.68K	USD	Annual
Other income	`OtherIncome`	$2.00	USD	3 Qtrs
Other income	`OtherIncome`	$170.56K	USD	Annual
Other income	`OtherIncome`	$599.00	USD	Annual
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-3.08K	USD	Annual
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$-172.00	USD	3 Qtrs
Total other income (expenses)	`OtherNonoperatingIncomeExpense`	$126.42K	USD	Annual
Income (loss) before provision of income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.13M	USD	Annual
Income (loss) before provision of income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-150.62K	USD	3 Qtrs
Income (loss) before provision of income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.20M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$783.38K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.30M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$2.35M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-150.62K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$3.90M	USD	Annual
Net income (loss) attributable to AGM Group Holdings Inc. ordinary shareholders	`ProfitLoss`	$3.90M	USD	Annual
Net income (loss) attributable to AGM Group Holdings Inc. ordinary shareholders	`ProfitLoss`	$2.35M	USD	Annual
Net income (loss) attributable to AGM Group Holdings Inc. ordinary shareholders	`ProfitLoss`	$-150.62K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$6.20K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-29.66K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$41.95K	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-144.42K	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.87M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.39M	USD	Annual
Basic	`EarningsPerShareBasic`	$13.48	USD	Annual
Basic	`EarningsPerShareBasic`	$0.19	USD	Annual
Basic	`EarningsPerShareBasic`	$-287.44	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.19	USD	Annual
Diluted	`EarningsPerShareDiluted`	$13.48	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-287.44	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	174,384.00	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	20.01M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	524.00	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.01M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	524.00	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	174,384.00	shares	Annual

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$2.35M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-150.62K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$3.90M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.98K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	-	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$246.53K	USD	Annual
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$35.00K	USD	Annual
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	-	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.25M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.70M	USD	Annual
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$247.00K	USD	Annual
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	3 Qtrs
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-74.76K	USD	Annual
Transaction monetary assets held for clients	`TransactionMonetaryAssetsHeldForClient`	-	USD	3 Qtrs
Transaction monetary assets held for clients	`TransactionMonetaryAssetsHeldForClient`	$11.64M	USD	Annual
Transaction monetary assets held for clients	`TransactionMonetaryAssetsHeldForClient`	$885.96K	USD	Annual
Mark to market assets for open trading positions	`MarkToMarketAssetsForOpenTradingPosition`	$40.72K	USD	Annual
Mark to market assets for open trading positions	`MarkToMarketAssetsForOpenTradingPosition`	-	USD	3 Qtrs
Mark to market assets for open trading positions	`MarkToMarketAssetsForOpenTradingPosition`	$200.62K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$223.23K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$256.10K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.37K	USD	3 Qtrs
Other assets, non-current	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	3 Qtrs
Other assets, non-current	`IncreaseDecreaseInOtherNoncurrentAssets`	$78.95K	USD	Annual
Other assets, non-current	`IncreaseDecreaseInOtherNoncurrentAssets`	$-77.62K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.66K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-159.49K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	3 Qtrs
Deposits payable	`IncreaseDecreaseInDeposits`	$11.64M	USD	Annual
Deposits payable	`IncreaseDecreaseInDeposits`	-	USD	3 Qtrs
Deposits payable	`IncreaseDecreaseInDeposits`	$885.96K	USD	Annual
Mark to market liabilities for open trading positions	`MarkToMarketLiabilitiesForOpenTradingPosition`	-	USD	3 Qtrs
Mark to market liabilities for open trading positions	`MarkToMarketLiabilitiesForOpenTradingPosition`	$-85.90K	USD	Annual
Mark to market liabilities for open trading positions	`MarkToMarketLiabilitiesForOpenTradingPosition`	$-20.60K	USD	Annual
Advance from customers	`IncreaseDecreaseInPayablesToCustomers`	-	USD	3 Qtrs
Advance from customers	`IncreaseDecreaseInPayablesToCustomers`	$-201.83K	USD	Annual
Advance from customers	`IncreaseDecreaseInPayablesToCustomers`	$201.83K	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$146.28K	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.67M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.33M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.11K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.56M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.61M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.71K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.31K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$55.70K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.73M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.36M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.40M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.79M	USD	Annual
Proceeds from issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$830.00K	USD	Annual
Proceeds from issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$1.17M	USD	Annual
Proceeds from issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$10.00	USD	3 Qtrs
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$4.03M	USD	Annual
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$16.08K	USD	3 Qtrs
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$3.77M	USD	Annual
Repayments to related parties	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Repayments to related parties	`RepaymentsOfRelatedPartyDebt`	$6.83M	USD	Annual
Repayments to related parties	`RepaymentsOfRelatedPartyDebt`	$195.23K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.62M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.40M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$16.09K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-395.00	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-11.38K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-63.21K	USD	Annual
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.99K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.47M	USD	Annual
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.22M	USD	Annual
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.99K	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.22M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.99K	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.22M	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Ordinary shares issued with proceeds not received	`OrdinarySharesIssuedWithProceedsNotReceived`	$1.17M	USD	Annual
Ordinary shares issued with proceeds not received	`OrdinarySharesIssuedWithProceedsNotReceived`	-	USD	Annual
Ordinary shares issued with proceeds not received	`OrdinarySharesIssuedWithProceedsNotReceived`	-	USD	3 Qtrs
Expenses paid by related parties	`ExpensesPaidByRelatedParties`	$352.30K	USD	Annual
Expenses paid by related parties	`ExpensesPaidByRelatedParties`	$142.09K	USD	Annual
Expenses paid by related parties	`ExpensesPaidByRelatedParties`	$22.63K	USD	3 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$4.25M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-144.41K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$8.12M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	-	USD	Point-in-time
Beginning Balance, shares	`SharesOutstanding`	-	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$2.35M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-150.62K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$3.90M	USD	Annual
Issuance of ordinary shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$2.00M	USD	Annual
Issuance of ordinary shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$10.00	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$41.95K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.20K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.66K	USD	Annual
Ending Balance	`StockholdersEquity`	$4.25M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-144.41K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$8.12M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	-	USD	Point-in-time
Ending Balance, Shares	`SharesOutstanding`	-	shares	Point-in-time

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