10-K Filing

IT TECH PACKAGING, INC. CIK: 1358190 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001144204-12-015061`
Period End Date	20111231
Filing Date	20120315
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	onp-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 50 Cash Flow Statement 84 Stockholders Equity 17

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$76.75K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$37.53K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.23M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Notes receivable	`NotesReceivableNet`	$308.54K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.34M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.35M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $76,752 and $37,535 as of December 31, 2011 and December 31, 2010, respectively)	`AccountsReceivableNetCurrent`	$3.82M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.35M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $76,752 and $37,535 as of December 31, 2011 and December 31, 2010, respectively)	`AccountsReceivableNetCurrent`	$1.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.34M	shares	Point-in-time
Inventories	`InventoryNet`	$10.01M	USD	Point-in-time
Inventories	`InventoryNet`	$7.42M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$184.72K	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.07M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$7.24M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$6.96M	USD	Point-in-time
Property, Plant, and Equipment, net	`PropertyPlantAndEquipmentNet`	$114.65M	USD	Point-in-time
Property, Plant, and Equipment, net	`PropertyPlantAndEquipmentNet`	$87.45M	USD	Point-in-time
Total Assets	`Assets`	$144.96M	USD	Point-in-time
Total Assets	`Assets`	$115.51M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.83M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.87M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.01M	USD	Point-in-time
Loan from related parties	`DueToRelatedPartiesCurrent`	$2.04M	USD	Point-in-time
Loan from related parties	`DueToRelatedPartiesCurrent`	$2.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$413.47K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.77M	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$308.29K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$336.93K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$1.59M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$2.36M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.74M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.74M	USD	Point-in-time
Loan from credit union	`OtherLoansPayableLongTerm`	$5.69M	USD	Point-in-time
Loan from related parties	`DueToRelatedPartiesNoncurrent`	$2.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$13.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.43M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,350,191 and 18,344,811 shares issued and outstanding as of December 31, 2011 and 2010, respectively	`CommonStockValue`	$18.35K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 18,350,191 and 18,344,811 shares issued and outstanding as of December 31, 2011 and 2010, respectively	`CommonStockValue`	$18.34K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$45.76M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$45.73M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$5.66M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$5.86M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.44M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$64.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$43.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$127.53M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$56.27M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$101.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$34.09M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$115.51M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$144.96M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$102.14M	USD	Annual
Revenues	`Revenues`	$123.99M	USD	Annual
Revenues	`Revenues`	$150.75M	USD	Annual
Cost of Sales	`CostOfGoodsSold`	$82.11M	USD	Annual
Cost of Sales	`CostOfGoodsSold`	$117.80M	USD	Annual
Cost of Sales	`CostOfGoodsSold`	$97.81M	USD	Annual
Gross Profit	`GrossProfit`	$20.04M	USD	Annual
Gross Profit	`GrossProfit`	$26.18M	USD	Annual
Gross Profit	`GrossProfit`	$32.95M	USD	Annual
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$2.03M	USD	Annual
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$2.52M	USD	Annual
Selling, General and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$3.07M	USD	Annual
Loss from Disposal of Property, Plant and Equipment	`GainLossOnDispositionOfProperty`	$-321.20K	USD	Annual
Loss from Disposal of Property, Plant and Equipment	`GainLossOnDispositionOfProperty`	$-1.12M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$18.01M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$30.11M	USD	Annual
Income from Operations	`OperatingIncomeLoss`	$21.99M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$36.44K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$163.18K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$108.61K	USD	Annual
Interest expense	`InterestExpense`	$633.01K	USD	Annual
Interest expense	`InterestExpense`	$699.89K	USD	Annual
Interest expense	`InterestExpense`	$728.43K	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$21.52M	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.39M	USD	Annual
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.45M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$4.67M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$7.80M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$5.96M	USD	Annual
Net Income	`NetIncomeLoss`	$15.55M	USD	Annual
Net Income	`NetIncomeLoss`	$21.65M	USD	Annual
Net Income	`NetIncomeLoss`	$12.72M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$3.16M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$4.30M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-108.53K	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$25.95M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$12.61M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$18.71M	USD	Annual
Basic Earnings per Share	`EarningsPerShareBasic`	$0.89	USD	Annual
Basic Earnings per Share	`EarningsPerShareBasic`	$1.04	USD	Annual
Basic Earnings per Share	`EarningsPerShareBasic`	$1.18	USD	Annual
Fully Diluted Earnings per Share	`EarningsPerShareDiluted`	$0.89	USD	Annual
Fully Diluted Earnings per Share	`EarningsPerShareDiluted`	$1.04	USD	Annual
Fully Diluted Earnings per Share	`EarningsPerShareDiluted`	$1.18	USD	Annual
Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.22M	shares	Annual
Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.44M	shares	Annual
Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	18.35M	shares	Annual
Outstanding - Fully Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.35M	shares	Annual
Outstanding - Fully Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.23M	shares	Annual
Outstanding - Fully Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.44M	shares	Annual

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.55M	USD	Annual
Net income	`NetIncomeLoss`	$21.65M	USD	Annual
Net income	`NetIncomeLoss`	$12.72M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$3.51M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$4.15M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$4.42M	USD	Annual
Loss from Disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-1.12M	USD	Annual
Loss from Disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-321.20K	USD	Annual
Allowance for bad debts	`ProvisionForReductionOfDoubtfulAccounts`	$5.73K	USD	Annual
Allowance for bad debts	`ProvisionForReductionOfDoubtfulAccounts`	$-37.09K	USD	Annual
Allowance for bad debts	`ProvisionForReductionOfDoubtfulAccounts`	$-41.95K	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	$101.05K	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	$30.37K	USD	Annual
Stock-based expense for service received	`ShareBasedCompensation`	$560.18K	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$14.56K	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$676.86K	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$1.60M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-138.78K	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.80M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$318.76K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$2.25M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$253.60K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$4.11M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.82M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.43M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.30M	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$56.25K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-39.47K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$43.71K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$849.03K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$636.55K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.40M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$318.17K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-42.34K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$602.26K	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$15.04M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$18.63M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$20.36M	USD	Annual
Prepayment/deposit for purchase of property, plant and equipment	`PaymentsForProceedsFromOtherInvestingActivities`	$6.79M	USD	Annual
Prepayment/deposit for purchase of property, plant and equipment	`PaymentsForProceedsFromOtherInvestingActivities`	$2.30M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.60M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.77M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.42M	USD	Annual
Proceeds from disposal of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$271.51K	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.60M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.56M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.45M	USD	Annual
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$200.00K	USD	Annual
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$200.00K	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$200.00K	USD	Annual
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$2.09M	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$8.39M	USD	Annual
Proceeds from bank loans	`ProceedsFromBankDebt`	$885.12K	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$5.00M	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$2.39M	USD	Annual
Repayments of bank loans	`RepaymentsOfBankDebt`	$2.56M	USD	Annual
Proceeds from issuing of common stock	`ProceedsFromIssuanceOfCommonStock`	$26.57M	USD	Annual
Proceeds from issuing of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.90M	USD	Annual
Reclassification of restricted cash to cash and cash equivalents	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-29.11K	USD	Annual
Reclassification of restricted cash to cash and cash equivalents	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$29.11K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.31M	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.50M	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$25.09M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-25.88K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$507.62K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$141.90K	USD	Annual
Net (Decrease)/ Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.18M	USD	Annual
Net (Decrease)/ Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.40M	USD	Annual
Net (Decrease)/ Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.72M	USD	Annual
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$6.95M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.23M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$6.95M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.23M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.17M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$11.35M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$689.87K	USD	Annual
Cash paid for interest	`InterestPaid`	$728.43K	USD	Annual
Cash paid for interest	`InterestPaid`	$390.46K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$7.84M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$5.59M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$4.07M	USD	Annual
Disposal of property, plant and equipment in lieu of payment for construction cost of a new plant	`DisposalOfAssetInSettlementOfObligation`	$243.48K	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$127.53M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$56.27M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$101.54M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$34.09M	USD	Point-in-time
Employee stock compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$82.88K	USD	Annual
Warrants issued for services	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$230.19K	USD	Annual
Warrants issued for services	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$-35.58K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$3.16M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$4.30M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-108.53K	USD	Annual
Net income for the year	`NetIncomeLoss`	$15.55M	USD	Annual
Net income for the year	`NetIncomeLoss`	$21.65M	USD	Annual
Net income for the year	`NetIncomeLoss`	$12.72M	USD	Annual
Ending Balance	`StockholdersEquity`	$127.53M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$56.27M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$101.54M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$34.09M	USD	Point-in-time

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