10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001493152-23-040330 |
| Period End Date | 20230930 |
| Filing Date | 20231113 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | form10-q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Deposit paid, related parties |
RelatedPartyDepositLiabilities
|
$523.30K | USD | Point-in-time |
| Deposit paid, related parties |
RelatedPartyDepositLiabilities
|
$758.45K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$165.69K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$13.28K | 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 |
| Accounts receivable, net (including $69,746 and $146,087 from related parties as of September 30, 2023 and December 31, 2022, respectively) |
AccountsReceivableNetCurrent
|
$4.30M | USD | Point-in-time |
| Accounts receivable, net (including $69,746 and $146,087 from related parties as of September 30, 2023 and December 31, 2022, respectively) |
AccountsReceivableNetCurrent
|
$4.80M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
15.66M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$59.24K | USD | Point-in-time |
| Inventories |
InventoryNet
|
$148.93K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
15.66M | shares | 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 $966,676 and $1,102,861 to related parties as of September 30, 2023 and December 31, 2022, respectively) |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.37M | USD | Point-in-time |
| Prepayments and other current assets, net (including $966,676 and $1,102,861 to related parties as of September 30, 2023 and December 31, 2022, respectively) |
PrepaidExpenseAndOtherAssetsCurrent
|
$1.76M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.87M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.74M | USD | Point-in-time |
| Deposits paid, net (including $523,296 and $758,445 to related parties as of September 30, 2023 and December 31, 2022, respectively) |
DepositsAssetsNoncurrent
|
$605.61K | USD | Point-in-time |
| Deposits paid, net (including $523,296 and $758,445 to related parties as of September 30, 2023 and December 31, 2022, respectively) |
DepositsAssetsNoncurrent
|
$1.12M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$104.22K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$97.89K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$198.81K | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$370.93K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$454.20K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$431.32K | USD | Point-in-time |
| Total Assets |
Assets
|
$7.37M | USD | Point-in-time |
| Total Assets |
Assets
|
$9.29M | USD | Point-in-time |
| Accounts payable (including $124,987 and $80,426 to related parties as of September 30, 2023 and December 31, 2022, respectively) |
AccountsPayableCurrent
|
$683.97K | USD | Point-in-time |
| Accounts payable (including $124,987 and $80,426 to related parties as of September 30, 2023 and December 31, 2022, respectively) |
AccountsPayableCurrent
|
$688.82K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$502.39K | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$625.19K | USD | Point-in-time |
| Bank and other borrowings - current |
ShortTermBorrowings
|
$451.12K | USD | Point-in-time |
| Bank and other borrowings - current |
ShortTermBorrowings
|
$422.65K | USD | Point-in-time |
| Income tax payable |
TaxesPayableCurrent
|
$7.35K | USD | Point-in-time |
| Income tax payable |
TaxesPayableCurrent
|
$38.88K | USD | Point-in-time |
| Customer advances |
ContractWithCustomerLiabilityCurrent
|
$71.31K | USD | Point-in-time |
| Customer advances |
ContractWithCustomerLiabilityCurrent
|
$139.33K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.67M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.48M | USD | Point-in-time |
| Bank and other borrowings |
LongTermDebtNoncurrent
|
$58.44K | USD | Point-in-time |
| Bank and other borrowings |
LongTermDebtNoncurrent
|
$188.33K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$3.04M | 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 September 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 September 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
|
$-6.09M | USD | Point-in-time |
| Accumulated deficit and statutory reserves |
RetainedEarningsAccumulatedDeficit
|
$-4.50M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-180.83K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-545.06K | USD | Point-in-time |
| Total Fortune Valley Treasures, Inc. stockholders equity |
StockholdersEquity
|
$4.44M | USD | Point-in-time |
| Total Fortune Valley Treasures, Inc. stockholders equity |
StockholdersEquity
|
$6.39M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$-108.49K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$108.25K | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.65M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.50M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.46M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.03M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.33M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.84M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.59M | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$7.37M | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$9.29M | USD | Point-in-time |
Income Statement
108 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues (including $17,570 and $79,137 from related parties for the three months ended September 30, 2023 and 2022, respectively; $87,168 and $120,632 from related parties for the nine months ended September 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.82M | USD | 3 Qtrs |
| Net revenues (including $17,570 and $79,137 from related parties for the three months ended September 30, 2023 and 2022, respectively; $87,168 and $120,632 from related parties for the nine months ended September 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$6.51M | USD | 3 Qtrs |
| Net revenues (including $17,570 and $79,137 from related parties for the three months ended September 30, 2023 and 2022, respectively; $87,168 and $120,632 from related parties for the nine months ended September 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$909.72K | USD | 1 Quarter |
| Net revenues (including $17,570 and $79,137 from related parties for the three months ended September 30, 2023 and 2022, respectively; $87,168 and $120,632 from related parties for the nine months ended September 30, 2023 and 2022, respectively) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.92M | USD | 1 Quarter |
| Cost of revenues (including $131,000 and $377,283 from related parties for the three months ended September 30, 2023 and 2022, respectively; $493,096 and $763,663 from related parties for the nine months ended September 30, 2023 and 2022, respectively) |
CostOfRevenue
|
$1.92M | USD | 3 Qtrs |
| Cost of revenues (including $131,000 and $377,283 from related parties for the three months ended September 30, 2023 and 2022, respectively; $493,096 and $763,663 from related parties for the nine months ended September 30, 2023 and 2022, respectively) |
CostOfRevenue
|
$593.29K | USD | 1 Quarter |
| Cost of revenues (including $131,000 and $377,283 from related parties for the three months ended September 30, 2023 and 2022, respectively; $493,096 and $763,663 from related parties for the nine months ended September 30, 2023 and 2022, respectively) |
CostOfRevenue
|
$3.02M | USD | 3 Qtrs |
| Cost of revenues (including $131,000 and $377,283 from related parties for the three months ended September 30, 2023 and 2022, respectively; $493,096 and $763,663 from related parties for the nine months ended September 30, 2023 and 2022, respectively) |
CostOfRevenue
|
$1.40M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.89M | USD | 3 Qtrs |
| Gross profit |
GrossProfit
|
$316.43K | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$3.50M | USD | 3 Qtrs |
| Gross profit |
GrossProfit
|
$1.51M | USD | 1 Quarter |
| Selling and distribution expenses |
SellingAndMarketingExpense
|
$40.92K | USD | 3 Qtrs |
| Selling and distribution expenses |
SellingAndMarketingExpense
|
$15.51K | USD | 1 Quarter |
| Selling and distribution expenses |
SellingAndMarketingExpense
|
$14.67K | USD | 1 Quarter |
| Selling and distribution expenses |
SellingAndMarketingExpense
|
$49.59K | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$1.52M | USD | 1 Quarter |
| Revenue from related parties |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.82M | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$472.13K | USD | 1 Quarter |
| Revenue from related parties |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$6.51M | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$1.35M | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$3.50M | USD | 3 Qtrs |
| Revenue from related parties |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$909.72K | USD | 1 Quarter |
| Revenue from related parties |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.92M | USD | 1 Quarter |
| Cost of revenue from related parties |
RelatedPartiesAmountInCostOfSales
|
$493.10K | USD | 3 Qtrs |
| Operating income (loss) |
OperatingIncomeLoss
|
$1.03M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-1.65M | USD | 3 Qtrs |
| Cost of revenue from related parties |
RelatedPartiesAmountInCostOfSales
|
$377.28K | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$2.10M | USD | 3 Qtrs |
| Cost of revenue from related parties |
RelatedPartiesAmountInCostOfSales
|
$763.66K | USD | 3 Qtrs |
| Cost of revenue from related parties |
RelatedPartiesAmountInCostOfSales
|
$131.00K | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-1.22M | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$15.68K | USD | 3 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$2.22K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$7.47K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$10.42K | USD | 3 Qtrs |
| Interest income |
InterestIncomeOther
|
$61.00 | USD | 3 Qtrs |
| Interest income |
InterestIncomeOther
|
$114.00 | USD | 1 Quarter |
| Interest income |
InterestIncomeOther
|
$207.00 | USD | 3 Qtrs |
| Interest income |
InterestIncomeOther
|
$14.00 | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$21.08K | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$10.29K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$10.39K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$28.55K | USD | 3 Qtrs |
| Other expense, net |
NonoperatingIncomeExpense
|
$-12.81K | USD | 3 Qtrs |
| Other expense, net |
NonoperatingIncomeExpense
|
$-10.45K | USD | 3 Qtrs |
| Other expense, net |
NonoperatingIncomeExpense
|
$-8.05K | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-2.81K | USD | 1 Quarter |
| Income (loss) before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.02M | USD | 1 Quarter |
| Income (loss) before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.09M | USD | 3 Qtrs |
| Income (loss) before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.66M | USD | 3 Qtrs |
| Income (loss) before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.22M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$212.27K | USD | 3 Qtrs |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-1.91K | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$94.60K | USD | 3 Qtrs |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$108.35K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-1.22M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-89.18K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$910.74K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$175.96K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$1.88M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-1.76M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-444.83K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$788.98K | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$123.46K | USD | 3 Qtrs |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-114.08K | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-172.45K | USD | 3 Qtrs |
| Less: Net income (loss) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$54.93K | USD | 1 Quarter |
| Net income (loss) attributable to Fortune Valley Treasures, Inc. |
NetIncomeLoss
|
$-1.11M | USD | 1 Quarter |
| Net income (loss) attributable to Fortune Valley Treasures, Inc. |
NetIncomeLoss
|
$855.80K | USD | 1 Quarter |
| Net income (loss) attributable to Fortune Valley Treasures, Inc. |
NetIncomeLoss
|
$1.75M | USD | 3 Qtrs |
| Net income (loss) attributable to Fortune Valley Treasures, Inc. |
NetIncomeLoss
|
$-1.58M | USD | 3 Qtrs |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-31.57K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-408.53K | USD | 3 Qtrs |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$10.72K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-719.95K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-422.43K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$45.47K | USD | 1 Quarter |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.31M | USD | 3 Qtrs |
| Foreign currency translation loss |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-602.32K | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$564.13K | USD | 3 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-2.17M | USD | 3 Qtrs |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-1.25M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$190.79K | USD | 1 Quarter |
| Less: Comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-117.18K | USD | 1 Quarter |
| Less: Comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-216.74K | USD | 3 Qtrs |
| Less: Comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$10.75K | USD | 1 Quarter |
| Less: Comprehensive income (loss) attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$35.48K | USD | 3 Qtrs |
| Comprehensive income (loss) attributable to Fortune Valley Treasures, Inc. |
ComprehensiveIncomeNetOfTax
|
$-1.95M | USD | 3 Qtrs |
| Comprehensive income (loss) attributable to Fortune Valley Treasures, Inc. |
ComprehensiveIncomeNetOfTax
|
$528.65K | USD | 3 Qtrs |
| Comprehensive income (loss) attributable to Fortune Valley Treasures, Inc. |
ComprehensiveIncomeNetOfTax
|
$180.04K | USD | 1 Quarter |
| Comprehensive income (loss) attributable to Fortune Valley Treasures, Inc. |
ComprehensiveIncomeNetOfTax
|
$-1.14M | USD | 1 Quarter |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$-0.07 | USD | 1 Quarter |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$0.05 | USD | 1 Quarter |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$-0.10 | USD | 3 Qtrs |
| Basic earnings (loss) per share |
EarningsPerShareBasic
|
$0.11 | USD | 3 Qtrs |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$-0.10 | USD | 3 Qtrs |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$0.11 | USD | 3 Qtrs |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$0.05 | USD | 1 Quarter |
| Diluted earnings (loss) per share |
EarningsPerShareDiluted
|
$-0.07 | USD | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.66M | shares | 3 Qtrs |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.66M | shares | 3 Qtrs |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.66M | shares | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
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 | 3 Qtrs |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.66M | shares | 3 Qtrs |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.66M | shares | 1 Quarter |
Cash Flow Statement
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-1.22M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-89.18K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$910.74K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$175.96K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$1.88M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-1.76M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-444.83K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$788.98K | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$183.81K | USD | 3 Qtrs |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$648.74K | USD | 3 Qtrs |
| Non-cash lease expense |
NoncashLeaseExpense
|
$122.07K | USD | 3 Qtrs |
| Non-cash lease expense |
NoncashLeaseExpense
|
$103.90K | USD | 3 Qtrs |
| Allowance for credit losses |
ProvisionForDoubtfulAccounts
|
- | USD | 3 Qtrs |
| Allowance for credit losses |
ProvisionForDoubtfulAccounts
|
$2.18M | USD | 3 Qtrs |
| Loss on disposal of intangible asset |
GainLossOnDispositionOfIntangibleAssets
|
- | USD | 3 Qtrs |
| Loss on disposal of intangible asset |
GainLossOnDispositionOfIntangibleAssets
|
$-2.00K | USD | 3 Qtrs |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$1.37M | USD | 3 Qtrs |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$274.18K | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$80.65K | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$-85.14K | USD | 3 Qtrs |
| Prepayments and other current assets, net |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$608.45K | USD | 3 Qtrs |
| Prepayments and other current assets, net |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$838.49K | USD | 3 Qtrs |
| Due from related parties |
IncreaseDecreaseInDueFromRelatedParties
|
$-25.42K | USD | 3 Qtrs |
| Due from related parties |
IncreaseDecreaseInDueFromRelatedParties
|
- | USD | 3 Qtrs |
| Deposits paid, net |
IncreaseDecreaseInDepositOtherAssets
|
$12.15K | USD | 3 Qtrs |
| Deposits paid, net |
IncreaseDecreaseInDepositOtherAssets
|
$277.13K | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$-63.54K | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$30.91K | USD | 3 Qtrs |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$-177.25K | USD | 3 Qtrs |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$72.63K | USD | 3 Qtrs |
| Customer advances |
IncreaseDecreaseInContractWithCustomerLiability
|
$-178.60K | USD | 3 Qtrs |
| Customer advances |
IncreaseDecreaseInContractWithCustomerLiability
|
$-63.20K | USD | 3 Qtrs |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$153.43K | USD | 3 Qtrs |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$153.16K | USD | 3 Qtrs |
| Income tax payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$95.20K | USD | 3 Qtrs |
| Income tax payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-30.63K | USD | 3 Qtrs |
| Operating lease obligations |
IncreaseDecreaseInOperatingLeaseLiability
|
$-111.70K | USD | 3 Qtrs |
| Operating lease obligations |
IncreaseDecreaseInOperatingLeaseLiability
|
$-105.29K | USD | 3 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$48.44K | USD | 3 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-272.94K | USD | 3 Qtrs |
| Acquisition of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$4.79K | USD | 3 Qtrs |
| Acquisition of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | 3 Qtrs |
| Acquisition of intangible asset |
PaymentsToAcquireIntangibleAssets
|
$702.00 | USD | 3 Qtrs |
| Acquisition of intangible asset |
PaymentsToAcquireIntangibleAssets
|
- | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.49K | USD | 3 Qtrs |
| Borrowings from and repayments to revolving credit lines, net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$141.97K | USD | 3 Qtrs |
| Borrowings from and repayments to revolving credit lines, net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$148.61K | USD | 3 Qtrs |
| Borrowings from bank loans |
ProceedsFromBankDebt
|
$135.50K | USD | 3 Qtrs |
| Borrowings from bank loans |
ProceedsFromBankDebt
|
$138.83K | USD | 3 Qtrs |
| Borrowings from a third party |
ProceedsFromThirdParty
|
$80.34K | USD | 3 Qtrs |
| Borrowings from a third party |
ProceedsFromThirdParty
|
- | USD | 3 Qtrs |
| Repayments to related parties |
RepaymentsOfRelatedPartyDebt
|
$154.51K | USD | 3 Qtrs |
| Repayments to related parties |
RepaymentsOfRelatedPartyDebt
|
- | USD | 3 Qtrs |
| Repayments of bank loans |
RepaymentsOfBankDebt
|
$90.58K | USD | 3 Qtrs |
| Repayments of bank loans |
RepaymentsOfBankDebt
|
$28.05K | USD | 3 Qtrs |
| Repayments to a third party |
RepaymentsToThirdParty
|
$28.89K | USD | 3 Qtrs |
| Repayments to a third party |
RepaymentsToThirdParty
|
$73.88K | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$161.34K | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$108.00K | USD | 3 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-35.31K | USD | 3 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-40.17K | USD | 3 Qtrs |
| Net changes in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-152.41K | USD | 3 Qtrs |
| Net changes in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$116.28K | USD | 3 Qtrs |
| Cash and cash equivalentsbeginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$239.44K | 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
|
$13.28K | USD | Point-in-time |
| Cash and cash equivalentsbeginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$165.69K | USD | Point-in-time |
| Cash and cash equivalentsend of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$239.44K | 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
|
$13.28K | USD | Point-in-time |
| Cash and cash equivalentsend of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$165.69K | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$28.55K | USD | 3 Qtrs |
| Interest paid |
InterestPaidNet
|
$21.08K | USD | 3 Qtrs |
| Income taxes paid |
IncomeTaxesPaidNet
|
$171.53K | USD | 3 Qtrs |
| Income taxes paid |
IncomeTaxesPaidNet
|
$126.86K | USD | 3 Qtrs |
| Expenses paid by related parties on behalf of the Company |
ExpensePaidByRelatedPartiesOnBehalfOfCompany
|
$135.08K | USD | 3 Qtrs |
| Expenses paid by related parties on behalf of the Company |
ExpensePaidByRelatedPartiesOnBehalfOfCompany
|
- | USD | 3 Qtrs |
| Operating lease right-of-use assets obtained in exchange for operating lease obligations |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$58.25K | USD | 3 Qtrs |
| Operating lease right-of-use assets obtained in exchange for operating lease obligations |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$74.59K | USD | 3 Qtrs |
| Remeasurement of operating lease liabilities and right-of-use assets due to lease modifications |
RemeasurementOfOperatingLeaseObligationAndRightofuseAssetsDueToLeaseModifications
|
$22.04K | USD | 3 Qtrs |
| Remeasurement of operating lease liabilities and right-of-use assets due to lease modifications |
RemeasurementOfOperatingLeaseObligationAndRightofuseAssetsDueToLeaseModifications
|
- | USD | 3 Qtrs |
| Liabilities assumed in connection with purchase of property and equipment |
LiabilitiesAssumedInConnectionWithPurchaseOfPropertyAndEquipment
|
- | USD | 3 Qtrs |
| Liabilities assumed in connection with purchase of property and equipment |
LiabilitiesAssumedInConnectionWithPurchaseOfPropertyAndEquipment
|
$28.23K | USD | 3 Qtrs |
Stockholders Equity
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.65M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.50M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.46M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.03M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.33M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.84M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.59M | USD | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$-1.22M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-89.18K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$910.74K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$175.96K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$1.88M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-1.76M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-444.83K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$788.98K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-31.57K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-408.53K | USD | 3 Qtrs |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$10.72K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-719.95K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-422.43K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$45.47K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.31M | USD | 3 Qtrs |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-602.32K | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.65M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.50M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.46M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.46M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.03M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.33M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.84M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.59M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.