20-F Filing

AGM GROUP HOLDINGS, INC. CIK: 1705402 FY 2022

Filing Information

Form Type	20-F
Accession Number	`0001213900-23-085777`
Period End Date	20221231
Filing Date	20231113
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	f20f2022_agmgroup_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 86 Cash Flow Statement 146 Stockholders Equity 21

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$664.61K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.43M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.07M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$92.76M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.61M	USD	Point-in-time
Inventories	`InventoryNet`	$22.43M	USD	Point-in-time
Inventories	`InventoryNet`	$3.92M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$13.14M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$40.49M	USD	Point-in-time
Prepayment and other current assets	`OtherAssetsCurrent`	$3.33M	USD	Point-in-time
Prepayment and other current assets	`OtherAssetsCurrent`	$2.94M	USD	Point-in-time
Due from related parties	`OtherReceivablesNetCurrent`	-	USD	Point-in-time
Due from related parties	`OtherReceivablesNetCurrent`	$39.24K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$87.32M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$116.82M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$322.40K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$689.36K	USD	Point-in-time
Intangible assets, net	`OtherIntangibleAssetsNet`	$55.49K	USD	Point-in-time
Intangible assets, net	`OtherIntangibleAssetsNet`	$8.63K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$492.98K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$241.55K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$129.03K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$7.17M	USD	Point-in-time
Total non - current assets	`AssetsNoncurrent`	$701.62K	USD	Point-in-time
Total non - current assets	`AssetsNoncurrent`	$8.41M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$88.02M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$125.23M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	-	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$1.57M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$64.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.12M	USD	Point-in-time
Accrued expenses and other payables	`OtherAccruedLiabilitiesCurrent`	$459.68K	USD	Point-in-time
Accrued expenses and other payables	`OtherAccruedLiabilitiesCurrent`	$2.87M	USD	Point-in-time
Advances from customers	`CustomerDepositsCurrent`	$42.23M	USD	Point-in-time
Advances from customers	`CustomerDepositsCurrent`	$4.57M	USD	Point-in-time
Due to related parties	`OtherLiabilitiesCurrent`	$8.09M	USD	Point-in-time
Due to related parties	`OtherLiabilitiesCurrent`	$1.22M	USD	Point-in-time
Deferred government grant, current	`DeferredRevenueCurrent`	$38.11K	USD	Point-in-time
Deferred government grant, current	`DeferredRevenueCurrent`	$36.53K	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$162.58K	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$51.24K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$3.14M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$14.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$94.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$62.82M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$167.43K	USD	Point-in-time
Deferred government grant, non-current	`DeferredRevenueNoncurrent`	$98.78K	USD	Point-in-time
Deferred government grant, non-current	`DeferredRevenueNoncurrent`	$147.81K	USD	Point-in-time
Total non - current liabilities	`LiabilitiesNoncurrent`	$147.81K	USD	Point-in-time
Total non - current liabilities	`LiabilitiesNoncurrent`	$266.21K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$62.97M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$94.79M	USD	Point-in-time
Class A Ordinary Shares (200,000,000 shares authorized with par value of $0.001, 24,254,842 and 24,254,842 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$24.25K	USD	Point-in-time
Class A Ordinary Shares (200,000,000 shares authorized with par value of $0.001, 24,254,842 and 24,254,842 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$24.25K	USD	Point-in-time
Class B Ordinary Shares (200,000,000 shares authorized with par value of $0.001, 2,100,000 and 2,100,000 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively)	`CommonStockValueOne`	$2.10K	USD	Point-in-time
Class B Ordinary Shares (200,000,000 shares authorized with par value of $0.001, 2,100,000 and 2,100,000 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively)	`CommonStockValueOne`	$2.10K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$26.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$26.01M	USD	Point-in-time
Statutory reserves	`StatutoryReserves`	$335.70K	USD	Point-in-time
Statutory reserves	`StatutoryReserves`	$63.66K	USD	Point-in-time
Retained earnings/(Accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.46M	USD	Point-in-time
Retained earnings/(Accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$9.74M	USD	Point-in-time
Accumulated other comprehensive (loss)/income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$413.18K	USD	Point-in-time
Accumulated other comprehensive (loss)/income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.17M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$25.05M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.69M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$30.44M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$11.85M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$88.02M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$125.23M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Revenues	`ServiceRevenuesNet`	$53.30K	USD	Annual
Revenues	`ServiceRevenuesNet`	$242.40M	USD	Annual
Revenues	`ServiceRevenuesNet`	$36.71M	USD	Annual
Total Revenues	`Revenues`	$53.30K	USD	Annual
Total Revenues	`Revenues`	$242.40M	USD	Annual
Total Revenues	`Revenues`	$36.71M	USD	Annual
Cost of revenues	`CostOfRevenue`	$30.11M	USD	Annual
Cost of revenues	`CostOfRevenue`	$195.81M	USD	Annual
Cost of revenues	`CostOfRevenue`	$38.53K	USD	Annual
Gross profit	`GrossProfit`	$46.59M	USD	Annual
Gross profit	`GrossProfit`	$14.77K	USD	Annual
Gross profit	`GrossProfit`	$6.60M	USD	Annual
Selling, general & administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.61M	USD	Annual
Selling, general & administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.40M	USD	Annual
Selling, general & administrative expenses	`SellingGeneralAndAdministrativeExpense`	$964.47K	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$63.45K	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$36.32K	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.64M	USD	Annual
Total operating expenses	`OperatingExpenses`	$1.03M	USD	Annual
Total operating expenses	`OperatingExpenses`	$30.40M	USD	Annual
Income/(Loss) from operations	`OperatingIncomeLoss`	$4.95M	USD	Annual
Income/(Loss) from operations	`OperatingIncomeLoss`	$16.19M	USD	Annual
Income/(Loss) from operations	`OperatingIncomeLoss`	$-1.01M	USD	Annual
Other income	`OtherOperatingIncome`	$118.27K	USD	Annual
Other income	`OtherOperatingIncome`	$47.17K	USD	Annual
Other income	`OtherOperatingIncome`	$1.69K	USD	Annual
Other expenses	`OtherOperatingIncomeExpenseNet`	$-43.17K	USD	Annual
Other expenses	`OtherOperatingIncomeExpenseNet`	$-9.34K	USD	Annual
Other expenses	`OtherOperatingIncomeExpenseNet`	$-491.30K	USD	Annual
Total other (expenses)/income	`OtherNonoperatingIncomeExpense`	$-373.03K	USD	Annual
Total other (expenses)/income	`OtherNonoperatingIncomeExpense`	$4.00K	USD	Annual
Total other (expenses)/income	`OtherNonoperatingIncomeExpense`	$-7.66K	USD	Annual
Income/(Loss) from continuing operations before provision of income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.02M	USD	Annual
Income/(Loss) from continuing operations before provision of income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.82M	USD	Annual
Income/(Loss) from continuing operations before provision of income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.96M	USD	Annual
Provision for income taxes expenses	`IncomeTaxExpenseBenefit`	$76.34K	USD	Annual
Provision for income taxes expenses	`IncomeTaxExpenseBenefit`	$4.34M	USD	Annual
Provision for income taxes expenses	`IncomeTaxExpenseBenefit`	$1.41M	USD	Annual
Net income/(loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.10M	USD	Annual
Net income/(loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$3.55M	USD	Annual
Net income/(loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$11.48M	USD	Annual
Loss from discontinued operations, net of income tax	`IncomeLossFromDiscontinuedOperationNetOfIncomeTax`	-	USD	Annual
Loss from discontinued operations, net of income tax	`IncomeLossFromDiscontinuedOperationNetOfIncomeTax`	$-322.49K	USD	Annual
Loss from discontinued operations, net of income tax	`IncomeLossFromDiscontinuedOperationNetOfIncomeTax`	-	USD	Annual
Gain from disposal	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	Annual
Gain from disposal	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	Annual
Gain from disposal	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$347.99K	USD	Annual
Income from discontinued operations, net of income tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	-	USD	Annual
Income from discontinued operations, net of income tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$25.50K	USD	Annual
Income from discontinued operations, net of income tax	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	-	USD	Annual
Net income/(loss)	`NetIncomeLoss`	$-1.07M	USD	Annual
Net income/(loss)	`NetIncomeLoss`	$11.48M	USD	Annual
Net income/(loss)	`NetIncomeLoss`	$3.55M	USD	Annual
Net income/(loss)	`NetIncomeLoss`	$-1.07M	USD	Annual
Net income/(loss)	`NetIncomeLoss`	$11.48M	USD	Annual
Net income/(loss)	`NetIncomeLoss`	$3.55M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$169.47K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-154.77K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-6.58M	USD	Annual
Total comprehensive income/(loss)	`ComprehensiveIncomeNetOfTax`	$4.90M	USD	Annual
Total comprehensive income/(loss)	`ComprehensiveIncomeNetOfTax`	$3.72M	USD	Annual
Total comprehensive income/(loss)	`ComprehensiveIncomeNetOfTax`	$-1.23M	USD	Annual
Continuing operations - Basic (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.05	USD	Annual
Continuing operations - Basic (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.47	USD	Annual
Continuing operations - Basic (in Dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.17	USD	Annual
Continuing operations - Diluted (in Dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.17	USD	Annual
Continuing operations - Diluted (in Dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.05	USD	Annual
Continuing operations - Diluted (in Dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.47	USD	Annual
Discontinued operations - Basic (in Dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	Annual
Discontinued operations - Basic (in Dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	Annual
Discontinued operations - Basic (in Dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	Annual
Discontinued operations - Diluted (in Dollars per share)	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	Annual
Discontinued operations - Diluted (in Dollars per share)	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	Annual
Discontinued operations - Diluted (in Dollars per share)	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	Annual
Net income/(loss) per common share - basic (in Dollars per share)	`EarningsPerShareBasic`	$0.47	USD	Annual
Net income/(loss) per common share - basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.05	USD	Annual
Net income/(loss) per common share - basic (in Dollars per share)	`EarningsPerShareBasic`	$0.17	USD	Annual
Net income/(loss) per common share - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	Annual
Net income/(loss) per common share - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.05	USD	Annual
Net income/(loss) per common share - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	Annual
Weighted average Class A ordinary shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.49M	shares	Annual
Weighted average Class A ordinary shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.25M	shares	Annual
Weighted average Class A ordinary shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	21.79M	shares	Annual
Weighted average Class A ordinary shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.51M	shares	Annual
Weighted average Class A ordinary shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.25M	shares	Annual
Weighted average Class A ordinary shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.79M	shares	Annual

Cash Flow Statement 146 line items

Line Item	Tag	Value	Unit	Period
Net income/(loss)	`ProfitLoss`	$3.55M	USD	Annual
Net income/(loss)	`ProfitLoss`	$11.48M	USD	Annual
Net income/(loss)	`ProfitLoss`	$-1.07M	USD	Annual
Net gain from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Net gain from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$25.50K	USD	Annual
Net gain from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Net gain/(loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-1.10M	USD	Annual
Net gain/(loss) from continuing operations	`IncomeLossFromContinuingOperations`	$11.48M	USD	Annual
Net gain/(loss) from continuing operations	`IncomeLossFromContinuingOperations`	$3.55M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.36K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.44K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$201.94K	USD	Annual
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	Annual
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$27.47M	USD	Annual
Allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	Annual
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$138.71K	USD	Annual
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$63.35K	USD	Annual
Amortization of operating lease right-of-use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	-	USD	Annual
Other income	`OtherIncome`	$42.43K	USD	Annual
Other income	`OtherIncome`	-	USD	Annual
Other income	`OtherIncome`	$22.12K	USD	Annual
Gain from disposal of subsidiary	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	Annual
Gain from disposal of subsidiary	`GainOrLossOnSaleOfStockInSubsidiary`	$347.99K	USD	Annual
Gain from disposal of subsidiary	`GainOrLossOnSaleOfStockInSubsidiary`	-	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-129.03K	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-7.06M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$119.01M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.61M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$22.43M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-17.21M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	-	USD	Annual
Advances to suppliers	`IncreaseDecreaseInPrepaidSupplies`	$-23.80M	USD	Annual
Advances to suppliers	`IncreaseDecreaseInPrepaidSupplies`	$40.49M	USD	Annual
Advances to suppliers	`IncreaseDecreaseInPrepaidSupplies`	-	USD	Annual
Prepayment and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-103.14K	USD	Annual
Prepayment and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-198.99K	USD	Annual
Prepayment and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.09M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$50.07M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.76K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.11M	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.71M	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$272.41K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-76.97K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$28.43K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.51M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$12.51M	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$42.23M	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	-	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-35.89M	USD	Annual
Deferred government grant	`IncreaseDecreaseinGovernMentgrant`	$3.45K	USD	Annual
Deferred government grant	`IncreaseDecreaseinGovernMentgrant`	-	USD	Annual
Deferred government grant	`IncreaseDecreaseinGovernMentgrant`	-	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-122.88K	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-49.07K	USD	Annual
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	Annual
Net cash used in operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.85M	USD	Annual
Net cash used in operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.36M	USD	Annual
Net cash used in operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-17.34M	USD	Annual
Net cash used in operating activities from discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in operating activities from discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in operating activities from discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-296.69K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.34M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.65M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.85M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$282.31K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$339.66K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$810.00	USD	Annual
Purchase of intangible asset	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Purchase of intangible asset	`PaymentsToAcquireIntangibleAssets`	$50.00K	USD	Annual
Purchase of intangible asset	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-810.00	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-339.66K	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-332.31K	USD	Annual
Net cash used in investing activities from discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in investing activities from discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-385.00	USD	Annual
Net cash used in investing activities from discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.20K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-339.66K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-332.31K	USD	Annual
Proceeds from issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$17.64M	USD	Annual
Proceeds from issuance of ordinary shares	`ProceedsFromIssuanceOfCommonStock`	$667.90K	USD	Annual
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$241.82K	USD	Annual
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$907.13K	USD	Annual
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$10.00M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	-	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	-	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$1.57M	USD	Annual
Receipt of financing deposit	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Receipt of financing deposit	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Receipt of financing deposit	`ProceedsFromPaymentsForOtherFinancingActivities`	$492.49K	USD	Annual
Repayments of loans and borrowings	`RepaymentsOfOtherShortTermDebt`	$1.49M	USD	Annual
Repayments of loans and borrowings	`RepaymentsOfOtherShortTermDebt`	-	USD	Annual
Repayments of loans and borrowings	`RepaymentsOfOtherShortTermDebt`	-	USD	Annual
Borrowings to related parties	`BorrowingsToRelatedParties`	-	USD	Annual
Borrowings to related parties	`BorrowingsToRelatedParties`	$116.61K	USD	Annual
Borrowings to related parties	`BorrowingsToRelatedParties`	$39.24K	USD	Annual
Repayments to related parties	`RepaymentsOfRelatedPartyDebt`	$517.67K	USD	Annual
Repayments to related parties	`RepaymentsOfRelatedPartyDebt`	$2.00M	USD	Annual
Repayments to related parties	`RepaymentsOfRelatedPartyDebt`	$594.89K	USD	Annual
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$198.23K	USD	Annual
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$19.56M	USD	Annual
Net cash provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$7.01M	USD	Annual
Net cash used in financing activities from discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in financing activities from discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-86.35K	USD	Annual
Net cash used in financing activities from discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$19.56M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.01M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$111.88K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.68M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$397.45K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$129.38K	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.76M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.41M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.35M	USD	Annual
Cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.43M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.07M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.08M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$664.61K	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.43M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.07M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.08M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$664.61K	USD	Point-in-time
Less cash and cash equivalents of discontinued operationsend of year	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	-	USD	Point-in-time
Less cash and cash equivalents of discontinued operationsend of year	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	-	USD	Point-in-time
Less cash and cash equivalents of discontinued operationsend of year	`CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations`	-	USD	Point-in-time
Cash and cash equivalents of continuing operationsend of year	`CashAndCashEquivalentsAtCarryingValue`	$664.61K	USD	Point-in-time
Cash and cash equivalents of continuing operationsend of year	`CashAndCashEquivalentsAtCarryingValue`	$18.43M	USD	Point-in-time
Cash and cash equivalents of continuing operationsend of year	`CashAndCashEquivalentsAtCarryingValue`	$4.07M	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	$6.94K	USD	Annual
Interest paid	`InterestPaidNet`	$34.72K	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	$218.12K	USD	Annual
Free operating lease due to government grant	`FreeOperatingLeaseDueToGovernmentGrant`	$204.59K	USD	Annual
Free operating lease due to government grant	`FreeOperatingLeaseDueToGovernmentGrant`	-	USD	Annual
Free operating lease due to government grant	`FreeOperatingLeaseDueToGovernmentGrant`	-	USD	Annual
Additions of ROU Assets	`AdditionsOfROUAssets`	$416.01K	USD	Annual
Additions of ROU Assets	`AdditionsOfROUAssets`	-	USD	Annual
Additions of ROU Assets	`AdditionsOfROUAssets`	$100.31K	USD	Annual
Cancelled common stocks issued	`CancelledShareholdersCommonStock`	$7.60M	USD	Annual
Cancelled common stocks issued	`CancelledShareholdersCommonStock`	-	USD	Annual
Cancelled common stocks issued	`CancelledShareholdersCommonStock`	$5.00K	USD	Annual

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$25.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$3.69M	USD	Point-in-time
Balance	`StockholdersEquity`	$30.44M	USD	Point-in-time
Balance	`StockholdersEquity`	$11.85M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-1.07M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$11.48M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$3.55M	USD	Annual
Issuance of common shares	`StockIssuedDuringPeriodValueIssuedForServices`	$17.64M	USD	Annual
Appropriation to statutory reserve	`StockIssuedDuringPeriodValueOther`	-	USD	Annual
Appropriation to statutory reserve	`StockIssuedDuringPeriodValueOther`	-	USD	Annual
Deposit received on issuance of common shares	`DepositReceivedOnIssuanceOfCommonStock`	$492.49K	USD	Annual
Issuance of common shares for acquisition equities of Anyi	`IssuanceOfCommonSharesForAcquisitionEquitiesOfAnyi`	$667.90K	USD	Annual
Cancellation of Class B ordinary shares	`CancelledShareholdersCommonStocks`	$-7.60M	USD	Annual
Cancellation of Class B ordinary shares	`CancelledShareholdersCommonStocks`	-	USD	Annual
Foreign currency translation adjustment	`ForeignCurrencyTransactionGainLossBeforeTax`	$169.47K	USD	Annual
Foreign currency translation adjustment	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.58M	USD	Annual
Foreign currency translation adjustment	`ForeignCurrencyTransactionGainLossBeforeTax`	$-154.77K	USD	Annual
Balance	`StockholdersEquity`	$25.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$3.69M	USD	Point-in-time
Balance	`StockholdersEquity`	$30.44M	USD	Point-in-time
Balance	`StockholdersEquity`	$11.85M	USD	Point-in-time

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