10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001493152-23-028096 |
| Period End Date | 20230630 |
| Filing Date | 20230814 |
| Fiscal Year | 2023 |
| Fiscal Period | Q2 |
| XBRL Instance | form10-q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Deposit paid, related parties |
RelatedPartyDepositLiabilities
|
$758.45K | USD | Point-in-time |
| Deposit paid, related parties |
RelatedPartyDepositLiabilities
|
$573.58K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$75.95K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$165.69K | USD | Point-in-time |
| Accounts receivable, net (including $72,372 and $146,087 from related parties as of June 30, 2023 and December 31, 2022, respectively) |
AccountsReceivableNetCurrent
|
$4.80M | USD | Point-in-time |
| Accounts receivable, net (including $72,372 and $146,087 from related parties as of June 30, 2023 and December 31, 2022, respectively) |
AccountsReceivableNetCurrent
|
$5.10M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
150.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
150.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
15.66M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
15.66M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$76.80K | USD | Point-in-time |
| Inventories |
InventoryNet
|
$148.93K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
15.66M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
15.66M | shares | Point-in-time |
| Prepayments and other current assets, net (including $1,162,622 and $1,102,861 to related parties as of June 30, 2023 and December 31, 2022, respectively) |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.54M | USD | Point-in-time |
| Prepayments and other current assets, net (including $1,162,622 and $1,102,861 to related parties as of June 30, 2023 and December 31, 2022, respectively) |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.76M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.79M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.87M | USD | Point-in-time |
| Deposits paid, net (including $573,584 and $758,445 to related parties as of June 30, 2023 and December 31, 2022, respectively) |
DepositsAssetsNoncurrent
|
$1.12M | USD | Point-in-time |
| Deposits paid, net (including $573,584 and $758,445 to related parties as of June 30, 2023 and December 31, 2022, respectively) |
DepositsAssetsNoncurrent
|
$673.56K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$97.89K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$112.46K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$370.93K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$252.15K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$454.20K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$435.56K | USD | Point-in-time |
| Total Assets |
Assets
|
$9.29M | USD | Point-in-time |
| Total Assets |
Assets
|
$8.58M | USD | Point-in-time |
| Accounts payable (including $107,454 and $80,426 to related parties as of June 30, 2023 and December 31, 2022, respectively) |
AccountsPayableCurrent
|
$688.82K | USD | Point-in-time |
| Accounts payable (including $107,454 and $80,426 to related parties as of June 30, 2023 and December 31, 2022, respectively) |
AccountsPayableCurrent
|
$692.03K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$502.39K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$553.03K | USD | Point-in-time |
| Bank and other borrowings - current |
ShortTermBorrowings
|
$483.23K | USD | Point-in-time |
| Bank and other borrowings - current |
ShortTermBorrowings
|
$422.65K | USD | Point-in-time |
| Income tax payable |
TaxesPayableCurrent
|
$20.12K | USD | Point-in-time |
| Income tax payable |
TaxesPayableCurrent
|
$38.88K | USD | Point-in-time |
| Customer advances |
ContractWithCustomerLiabilityCurrent
|
$116.77K | USD | Point-in-time |
| Customer advances |
ContractWithCustomerLiabilityCurrent
|
$139.33K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.48M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.74M | USD | Point-in-time |
| Bank and other borrowings |
LongTermDebtNoncurrent
|
$46.36K | USD | Point-in-time |
| Bank and other borrowings |
LongTermDebtNoncurrent
|
$58.44K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$2.99M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$2.79M | USD | Point-in-time |
| Common stock (150,000,000 shares authorized, 15,655,038 shares issued and outstanding as of June 30, 2023 and December 31, 2022) |
CommonStockValue
|
$15.65K | USD | Point-in-time |
| Common stock (150,000,000 shares authorized, 15,655,038 shares issued and outstanding as of June 30, 2023 and December 31, 2022) |
CommonStockValue
|
$15.65K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$11.06M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$11.06M | USD | Point-in-time |
| Accumulated deficit and statutory reserves |
RetainedEarningsAccumulatedDeficit
|
$-4.50M | USD | Point-in-time |
| Accumulated deficit and statutory reserves |
RetainedEarningsAccumulatedDeficit
|
$-4.98M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-516.59K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-180.83K | USD | Point-in-time |
| Total Fortune Valley Treasures, Inc. stockholders equity |
StockholdersEquity
|
$6.39M | USD | Point-in-time |
| Total Fortune Valley Treasures, Inc. stockholders equity |
StockholdersEquity
|
$5.58M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$8.69K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$108.25K | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.84M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.50M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.59M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.65M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.46M | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$8.58M | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$9.29M | USD | Point-in-time |
Income Statement
104 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues (including $42,848 and $40,770 from related parties for the three months ended June 30, 2023 and 2022, respectively; $69,598 and $41,495 from related parties for the six months ended June 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.27M | USD | 1 Quarter |
| Net revenues (including $42,848 and $40,770 from related parties for the three months ended June 30, 2023 and 2022, respectively; $69,598 and $41,495 from related parties for the six months ended June 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.60M | USD | 2 Qtrs |
| Net revenues (including $42,848 and $40,770 from related parties for the three months ended June 30, 2023 and 2022, respectively; $69,598 and $41,495 from related parties for the six months ended June 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.34M | USD | 1 Quarter |
| Net revenues (including $42,848 and $40,770 from related parties for the three months ended June 30, 2023 and 2022, respectively; $69,598 and $41,495 from related parties for the six months ended June 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.91M | USD | 2 Qtrs |
| Cost of revenues (including $133,114 and $249,468 from related parties for the three months ended June 30, 2023 and 2022, respectively; $362,096 and $386,380 from related parties for the six months ended June 30, 2023 and 2022, respectively) |
CostOfRevenue
|
$1.33M | USD | 2 Qtrs |
| Cost of revenues (including $133,114 and $249,468 from related parties for the three months ended June 30, 2023 and 2022, respectively; $362,096 and $386,380 from related parties for the six months ended June 30, 2023 and 2022, respectively) |
CostOfRevenue
|
$1.62M | USD | 2 Qtrs |
| Cost of revenues (including $133,114 and $249,468 from related parties for the three months ended June 30, 2023 and 2022, respectively; $362,096 and $386,380 from related parties for the six months ended June 30, 2023 and 2022, respectively) |
CostOfRevenue
|
$1.10M | USD | 1 Quarter |
| Cost of revenues (including $133,114 and $249,468 from related parties for the three months ended June 30, 2023 and 2022, respectively; $362,096 and $386,380 from related parties for the six months ended June 30, 2023 and 2022, respectively) |
CostOfRevenue
|
$652.80K | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.98M | USD | 2 Qtrs |
| Gross profit |
GrossProfit
|
$619.80K | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.24M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.58M | USD | 2 Qtrs |
| Selling and distribution expenses |
SellingAndMarketingExpense
|
$13.02K | USD | 1 Quarter |
| Selling and distribution expenses |
SellingAndMarketingExpense
|
$34.08K | USD | 2 Qtrs |
| Selling and distribution expenses |
SellingAndMarketingExpense
|
$26.26K | USD | 2 Qtrs |
| Selling and distribution expenses |
SellingAndMarketingExpense
|
$15.93K | USD | 1 Quarter |
| Revenue from related parties |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.27M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$1.03M | USD | 1 Quarter |
| Revenue from related parties |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.60M | USD | 2 Qtrs |
| Revenue from related parties |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.34M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$874.94K | USD | 2 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$347.66K | USD | 1 Quarter |
| Revenue from related parties |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.91M | USD | 2 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$1.98M | USD | 2 Qtrs |
| Cost of revenue from related parties |
RelatedPartiesAmountInCostOfSales
|
$249.47K | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-420.79K | USD | 1 Quarter |
| Cost of revenue from related parties |
RelatedPartiesAmountInCostOfSales
|
$362.10K | USD | 2 Qtrs |
| Cost of revenue from related parties |
RelatedPartiesAmountInCostOfSales
|
$133.11K | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-427.50K | USD | 2 Qtrs |
| Operating income (loss) |
OperatingIncomeLoss
|
$1.07M | USD | 2 Qtrs |
| Operating income (loss) |
OperatingIncomeLoss
|
$873.35K | USD | 1 Quarter |
| Cost of revenue from related parties |
RelatedPartiesAmountInCostOfSales
|
$386.38K | USD | 2 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$8.20K | USD | 2 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$8.21K | USD | 2 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$2.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$6.44K | USD | 1 Quarter |
| Interest income |
InterestIncomeOther
|
$93.00 | USD | 2 Qtrs |
| Interest income |
InterestIncomeOther
|
$47.00 | USD | 2 Qtrs |
| Interest income |
InterestIncomeOther
|
$16.00 | USD | 1 Quarter |
| Interest income |
InterestIncomeOther
|
$16.00 | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.86K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$18.26K | USD | 2 Qtrs |
| Interest expense |
InterestExpense
|
$8.96K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$10.69K | USD | 2 Qtrs |
| Other expense, net |
NonoperatingIncomeExpense
|
$-2.39K | USD | 2 Qtrs |
| Other expense, net |
NonoperatingIncomeExpense
|
$-10.00K | USD | 2 Qtrs |
| Other expense, net |
NonoperatingIncomeExpense
|
$-2.85K | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-2.51K | USD | 1 Quarter |
| Income (loss) before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.07M | USD | 2 Qtrs |
| Income (loss) before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-423.30K | USD | 1 Quarter |
| Income (loss) before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-437.50K | USD | 2 Qtrs |
| Income (loss) before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$870.50K | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$81.51K | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$103.92K | USD | 2 Qtrs |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$21.53K | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$96.50K | USD | 2 Qtrs |
| Net income (loss) |
ProfitLoss
|
$175.96K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-89.18K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$964.94K | USD | 2 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-444.83K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$788.98K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-534.00K | USD | 2 Qtrs |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$41.25K | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-58.00K | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-58.36K | USD | 2 Qtrs |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$68.53K | USD | 2 Qtrs |
| Net income (loss) attributable to Fortune Valley Treasures, Inc. |
NetIncomeLoss
|
$896.41K | USD | 2 Qtrs |
| Net income (loss) attributable to Fortune Valley Treasures, Inc. |
NetIncomeLoss
|
$747.73K | USD | 1 Quarter |
| Net income (loss) attributable to Fortune Valley Treasures, Inc. |
NetIncomeLoss
|
$-386.82K | USD | 1 Quarter |
| Net income (loss) attributable to Fortune Valley Treasures, Inc. |
NetIncomeLoss
|
$-475.64K | USD | 2 Qtrs |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-376.96K | USD | 2 Qtrs |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-602.32K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$45.47K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-422.43K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$10.72K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-591.60K | USD | 2 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-867.26K | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-910.97K | USD | 2 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$186.66K | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$373.34K | USD | 2 Qtrs |
| Less: comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-99.56K | USD | 2 Qtrs |
| Less: comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$24.73K | USD | 2 Qtrs |
| Less: comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-4.30K | USD | 1 Quarter |
| Less: comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-99.38K | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Fortune Valley Treasures, Inc. |
ComprehensiveIncomeNetOfTax
|
$-811.41K | USD | 2 Qtrs |
| Comprehensive income (loss) attributable to Fortune Valley Treasures, Inc. |
ComprehensiveIncomeNetOfTax
|
$190.97K | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Fortune Valley Treasures, Inc. |
ComprehensiveIncomeNetOfTax
|
$348.62K | USD | 2 Qtrs |
| Comprehensive income (loss) attributable to Fortune Valley Treasures, Inc. |
ComprehensiveIncomeNetOfTax
|
$-767.88K | USD | 1 Quarter |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$-0.03 | USD | 2 Qtrs |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$0.05 | USD | 1 Quarter |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$-0.02 | USD | 1 Quarter |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$0.06 | USD | 2 Qtrs |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$0.06 | USD | 2 Qtrs |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$-0.03 | USD | 2 Qtrs |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$-0.02 | USD | 1 Quarter |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$0.05 | USD | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.66M | shares | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.66M | shares | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.66M | shares | 2 Qtrs |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.66M | shares | 2 Qtrs |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.66M | shares | 2 Qtrs |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.66M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.66M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.66M | shares | 2 Qtrs |
Cash Flow Statement
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$175.96K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-89.18K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$964.94K | USD | 2 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-444.83K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$788.98K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-534.00K | USD | 2 Qtrs |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$124.68K | USD | 2 Qtrs |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$433.42K | USD | 2 Qtrs |
| Non-cash lease expense |
NoncashLeaseExpense
|
$85.63K | USD | 2 Qtrs |
| Non-cash lease expense |
NoncashLeaseExpense
|
$91.37K | USD | 2 Qtrs |
| Allowance for credit losses |
ProvisionForDoubtfulAccounts
|
- | USD | 2 Qtrs |
| Allowance for credit losses |
ProvisionForDoubtfulAccounts
|
$960.14K | USD | 2 Qtrs |
| Loss on disposal of intangible asset |
GainLossOnDispositionOfIntangibleAssets
|
$-1.85K | USD | 2 Qtrs |
| Loss on disposal of intangible asset |
GainLossOnDispositionOfIntangibleAssets
|
- | USD | 2 Qtrs |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$185.86K | USD | 2 Qtrs |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$896.40K | USD | 2 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$64.83K | USD | 2 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$-68.72K | USD | 2 Qtrs |
| Prepayments and other current assets, net |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-232.00 | USD | 2 Qtrs |
| Prepayments and other current assets, net |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$385.55K | USD | 2 Qtrs |
| Due from related parties |
IncreaseDecreaseInDueFromRelatedParties
|
$-25.89K | USD | 2 Qtrs |
| Due from related parties |
IncreaseDecreaseInDueFromRelatedParties
|
- | USD | 2 Qtrs |
| Deposits paid, net |
IncreaseDecreaseInDepositOtherAssets
|
$583.33K | USD | 2 Qtrs |
| Deposits paid, net |
IncreaseDecreaseInDepositOtherAssets
|
$12.08K | USD | 2 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$-37.45K | USD | 2 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$32.76K | USD | 2 Qtrs |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$-122.70K | USD | 2 Qtrs |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$111.32K | USD | 2 Qtrs |
| Customer advances |
IncreaseDecreaseInContractWithCustomerLiability
|
$-17.54K | USD | 2 Qtrs |
| Customer advances |
IncreaseDecreaseInContractWithCustomerLiability
|
$-110.63K | USD | 2 Qtrs |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$56.06K | USD | 2 Qtrs |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$74.17K | USD | 2 Qtrs |
| Income tax payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-17.87K | USD | 2 Qtrs |
| Income tax payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$19.35K | USD | 2 Qtrs |
| Operating lease obligations |
IncreaseDecreaseInOperatingLeaseLiability
|
$-77.50K | USD | 2 Qtrs |
| Operating lease obligations |
IncreaseDecreaseInOperatingLeaseLiability
|
$-73.18K | USD | 2 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$17.44K | USD | 2 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-85.82K | USD | 2 Qtrs |
| Acquisition of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | 2 Qtrs |
| Acquisition of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.79K | USD | 2 Qtrs |
| Acquisition of intangible asset |
PaymentsToAcquireIntangibleAssets
|
$702.00 | USD | 2 Qtrs |
| Acquisition of intangible asset |
PaymentsToAcquireIntangibleAssets
|
- | USD | 2 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.49K | USD | 2 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 2 Qtrs |
| Borrowings from and repayments to revolving credit lines, net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$148.61K | USD | 2 Qtrs |
| Borrowings from and repayments to revolving credit lines, net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$7.22K | USD | 2 Qtrs |
| Borrowings from bank loans |
ProceedsFromBankDebt
|
$113.42K | USD | 2 Qtrs |
| Borrowings from bank loans |
ProceedsFromBankDebt
|
$10.35K | USD | 2 Qtrs |
| Borrowings from a third party |
ProceedsFromThirdParty
|
- | USD | 2 Qtrs |
| Borrowings from a third party |
ProceedsFromThirdParty
|
$24.15K | USD | 2 Qtrs |
| Repayments to related parties |
RepaymentsOfRelatedPartyDebt
|
$154.51K | USD | 2 Qtrs |
| Repayments to related parties |
RepaymentsOfRelatedPartyDebt
|
- | USD | 2 Qtrs |
| Repayments to bank loans |
RepaymentsOfBankDebt
|
$11.76K | USD | 2 Qtrs |
| Repayments to bank loans |
RepaymentsOfBankDebt
|
$58.30K | USD | 2 Qtrs |
| Repayments to a third party |
RepaymentsToThirdParty
|
$66.38K | USD | 2 Qtrs |
| Repayments to a third party |
RepaymentsToThirdParty
|
$19.54K | USD | 2 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$42.80K | USD | 2 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-49.54K | USD | 2 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-41.23K | USD | 2 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-5.74K | USD | 2 Qtrs |
| Net changes in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-89.73K | USD | 2 Qtrs |
| Net changes in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-37.84K | USD | 2 Qtrs |
| Cash and cash equivalentsbeginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$165.69K | USD | Point-in-time |
| Cash and cash equivalentsbeginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$123.16K | USD | Point-in-time |
| Cash and cash equivalentsbeginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$85.33K | USD | Point-in-time |
| Cash and cash equivalentsbeginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$75.95K | USD | Point-in-time |
| Cash and cash equivalentsend of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$165.69K | USD | Point-in-time |
| Cash and cash equivalentsend of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$123.16K | USD | Point-in-time |
| Cash and cash equivalentsend of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$85.33K | USD | Point-in-time |
| Cash and cash equivalentsend of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$75.95K | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$10.19K | USD | 2 Qtrs |
| Interest paid |
InterestPaidNet
|
$18.38K | USD | 2 Qtrs |
| Income taxes paid |
IncomeTaxesPaidNet
|
$152.14K | USD | 2 Qtrs |
| Income taxes paid |
IncomeTaxesPaidNet
|
$86.55K | USD | 2 Qtrs |
| Expenses paid by related parties on behalf of the Company |
ExpensePaidByRelatedPartiesOnBehalfOfCompany
|
$38.63K | USD | 2 Qtrs |
| Expenses paid by related parties on behalf of the Company |
ExpensePaidByRelatedPartiesOnBehalfOfCompany
|
- | USD | 2 Qtrs |
| Operating lease right-of-use assets obtained in exchange for operating lease obligations |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
- | USD | 2 Qtrs |
| Operating lease right-of-use assets obtained in exchange for operating lease obligations |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$39.80K | USD | 2 Qtrs |
| Liabilities assumed in connection with purchase of property and equipment |
LiabilitiesAssumedInConnectionWithPurchaseOfPropertyAndEquipment
|
- | USD | 2 Qtrs |
| Liabilities assumed in connection with purchase of property and equipment |
LiabilitiesAssumedInConnectionWithPurchaseOfPropertyAndEquipment
|
$28.23K | USD | 2 Qtrs |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.84M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.50M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.59M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.65M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.46M | USD | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$175.96K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-89.18K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$964.94K | USD | 2 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-444.83K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$788.98K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-534.00K | USD | 2 Qtrs |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-376.96K | USD | 2 Qtrs |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-602.32K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$45.47K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-422.43K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$10.72K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-591.60K | USD | 2 Qtrs |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.84M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.50M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.59M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.65M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.46M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.