10-Q/A Filing

TANKE BIOSCIENCES CORP CIK: 1452011 Q2 2011

Filing Information

Form Type	10-Q/A
Accession Number	`0001193805-11-002136`
Period End Date	20110630
Filing Date	20111103
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	tnbi-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 88 Cash Flow Statement 63 Stockholders Equity 17

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.32M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.76M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.76M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.32M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.82M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$706.80K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.77M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.71M	USD	Point-in-time
Inventory	`InventoryNet`	$1.21M	USD	Point-in-time
Inventory	`InventoryNet`	$1.35M	USD	Point-in-time
Notes receivable-related parties, current portion	`DueFromRelatedPartiesCurrent`	$1.86M	USD	Point-in-time
Notes receivable-related parties, current portion	`DueFromRelatedPartiesCurrent`	$2.03M	USD	Point-in-time
Other receivables	`OtherReceivables`	$112.57K	USD	Point-in-time
Other receivables	`OtherReceivables`	$864.27K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.74M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$164.85K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$17.89K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$2.30K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.67M	USD	Point-in-time
Notes receivable-related parties, long term portion	`DueFromRelatedPartiesNoncurrent`	$974.53K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.34M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.55M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$2.78M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$111.40K	USD	Point-in-time
Intangible asset, net	`IntangibleAssetsNetExcludingGoodwill`	$293.86K	USD	Point-in-time
Intangible asset, net	`IntangibleAssetsNetExcludingGoodwill`	$286.89K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$23.35M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$13.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$604.91K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$615.72K	USD	Point-in-time
Other payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$192.30K	USD	Point-in-time
Other payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$219.07K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.02M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$699.64K	USD	Point-in-time
Current portion of long-term borrowing	`LongTermDebtCurrent`	$905.98K	USD	Point-in-time
Current portion of long-term borrowing	`LongTermDebtCurrent`	$927.13K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$81.34K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$3.18K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.86M	USD	Point-in-time
Convertible notes payable	`ConvertibleDebtNoncurrent`	$4.16M	USD	Point-in-time
Advance from governement grant	`DeferredRevenueAndCreditsNoncurrent`	$73.50K	USD	Point-in-time
Advance from governement grant	`DeferredRevenueAndCreditsNoncurrent`	$11.05K	USD	Point-in-time
Long term borrowing	`LongTermDebtNoncurrent`	$452.99K	USD	Point-in-time
Long term borrowing	`LongTermDebtNoncurrent`	$927.13K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$7.96M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.93M	USD	Point-in-time
Common stock $0.001 par value, 50,000,000 shares authorized; 13,324,083 and 10,758,000 shares issued and outstanding, as of June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$10.76K	USD	Point-in-time
Common stock $0.001 par value, 50,000,000 shares authorized; 13,324,083 and 10,758,000 shares issued and outstanding, as of June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$13.32K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.21M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.42M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$735.55K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$530.07K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$15.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$8.16M	USD	Point-in-time
Non-controlling interest in subsidiary	`MinorityInterest`	$2.17M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.39M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$13.27M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$23.35M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`SalesRevenueNet`	$4.99M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$10.93M	USD	2 Qtrs
Net revenue	`SalesRevenueNet`	$7.61M	USD	2 Qtrs
Net revenue	`SalesRevenueNet`	$4.27M	USD	1 Quarter
Costs of goods sold	`CostOfGoodsSold`	$2.75M	USD	1 Quarter
Costs of goods sold	`CostOfGoodsSold`	$3.22M	USD	1 Quarter
Costs of goods sold	`CostOfGoodsSold`	$6.73M	USD	2 Qtrs
Costs of goods sold	`CostOfGoodsSold`	$4.75M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.20M	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.86M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$618.81K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.20M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$446.75K	USD	1 Quarter
Selling expenses	`SellingExpense`	$879.69K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$148.68K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$261.43K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.32M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$780.52K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$24.42K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.16K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$51.46K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$63.18K	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$91.69K	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$91.69K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$1.69M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$916.95K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$229.57K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-485.38K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.56K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.61K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$699.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.22K	USD	1 Quarter
Interest expense	`InterestExpense`	$682.95K	USD	2 Qtrs
Interest expense	`InterestExpense`	$26.04K	USD	2 Qtrs
Interest expense	`InterestExpense`	$423.50K	USD	1 Quarter
Interest expense	`InterestExpense`	$26.47K	USD	1 Quarter
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$1.38M	USD	1 Quarter
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$2.14M	USD	2 Qtrs
Foreign exchange gains (loss), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-29.40K	USD	1 Quarter
Foreign exchange gains (loss), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$26.65K	USD	1 Quarter
Foreign exchange gains (loss), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-282.00	USD	2 Qtrs
Foreign exchange gains (loss), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-52.40K	USD	2 Qtrs
(Loss) income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$861.78K	USD	1 Quarter
(Loss) income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.67M	USD	2 Qtrs
(Loss) income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.36M	USD	2 Qtrs
(Loss) income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.55M	USD	1 Quarter
Income tax	`IncomeTaxExpenseBenefit`	$114.69K	USD	1 Quarter
Income tax	`IncomeTaxExpenseBenefit`	$216.57K	USD	2 Qtrs
Income tax	`IncomeTaxExpenseBenefit`	$320.31K	USD	2 Qtrs
Income tax	`IncomeTaxExpenseBenefit`	$106.95K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.45M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$747.09K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-3.68M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-1.65M	USD	1 Quarter
Non-controlling interest in earning of subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$178.83K	USD	1 Quarter
Non-controlling interest in earning of subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$357.59K	USD	2 Qtrs
Net (loss) income available to shareholders	`NetIncomeLoss`	$1.09M	USD	2 Qtrs
Net (loss) income available to shareholders	`NetIncomeLoss`	$-3.68M	USD	2 Qtrs
Net (loss) income available to shareholders	`NetIncomeLoss`	$568.26K	USD	1 Quarter
Net (loss) income available to shareholders	`NetIncomeLoss`	$-1.65M	USD	1 Quarter
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$649.10K	USD	1 Quarter
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$240.77K	USD	2 Qtrs
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$677.32K	USD	1 Quarter
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-29.04K	USD	2 Qtrs
Translation attributable to non-controlling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$35.54K	USD	2 Qtrs
Translation attributable to non-controlling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$35.54K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.44M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.21M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.03M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	2 Qtrs
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$-0.29	USD	2 Qtrs
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.29	USD	2 Qtrs
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.76M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.76M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.32M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	12.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.76M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.76M	shares	2 Qtrs

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$1.45M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$747.09K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-3.68M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-1.65M	USD	1 Quarter
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$3.34K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.18K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.32K	USD	2 Qtrs
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$2.49M	USD	2 Qtrs
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$1.38M	USD	1 Quarter
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$2.14M	USD	2 Qtrs
Amortization of offering asset	`OtherAmortizationOfDeferredCharges`	$615.55K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$180.65K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-98.71K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-172.61K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$74.55K	USD	2 Qtrs
Prepaid and deferred expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$565.84K	USD	2 Qtrs
Prepaid and deferred expenses	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-198.71K	USD	2 Qtrs
Government grant	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-78.81K	USD	2 Qtrs
Government grant	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-63.42K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$243.09K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.28K	USD	2 Qtrs
Accrued expenses and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$347.09K	USD	2 Qtrs
Accrued expenses and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$22.02K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-250.92K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$297.98K	USD	2 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$-15.82K	USD	2 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$17.84K	USD	2 Qtrs
Advance from customer	`IncreaseDecreaseInCustomerAdvances`	$4.58K	USD	2 Qtrs
Advance from customer	`IncreaseDecreaseInCustomerAdvances`	$-3.21K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.61M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.70M	USD	2 Qtrs
Increase in other receivables	`PaymentsToAcquireOtherReceivables`	$740.43K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.10K	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.18K	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-146.85K	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$698.65K	USD	2 Qtrs
Increase in construction in progress	`PaymentsForCapitalImprovements`	$158.51K	USD	2 Qtrs
Increase in cash due to VIE agreement with China Flying	`CashAcquiredFromAcquisition`	$76.08K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.46M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.76K	USD	2 Qtrs
Due from (to) a related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-557.54K	USD	2 Qtrs
Due from (to) a related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$1.29M	USD	2 Qtrs
Net proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	$6.52M	USD	2 Qtrs
Increase (decrease) in bank borrowing	`ProceedsFromBankDebt`	$458.21K	USD	2 Qtrs
Increase (decrease) in bank borrowing	`ProceedsFromBankDebt`	$-440.56K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-998.09K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.27M	USD	2 Qtrs
Effects of foreign currency conversion on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-116.25K	USD	2 Qtrs
Effects of foreign currency conversion on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$11.77K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.30M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$660.06K	USD	2 Qtrs
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.22M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.48M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.52M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.82M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.22M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.48M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.52M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.82M	USD	Point-in-time
Interest paid on bank loan	`InterestPaid`	$26.04K	USD	2 Qtrs
Interest paid on bank loan	`InterestPaid`	$67.41K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$95.80K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$31.56K	USD	2 Qtrs

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.39M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33M	USD	Point-in-time
Effect of VIE Agreement with China Flying	`AdjustmentsToAdditionalPaidInCapitalEffectOfVieAgreement`	$-72.11K	USD	2 Qtrs
Effect of Share Exchange Agreement	`StockIssuedDuringPeriodEffectOfShareExchangeAgreementValue`	$54.60K	USD	2 Qtrs
Effect of Private Placement	`AdjustmentsToAdditionalPaidInCapitalEffectOfPrivatePlacement`	$6.13M	USD	2 Qtrs
Shares issued for consulting services	`StockIssuedDuringPeriodForConsultingServicesValue`	$2.49M	USD	2 Qtrs
Net loss	`ProfitLoss`	$1.45M	USD	2 Qtrs
Net loss	`ProfitLoss`	$747.09K	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.68M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.65M	USD	1 Quarter
Dividend distribution	`Dividends`	$-106.92K	USD	2 Qtrs
Other comprehensive income effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$649.10K	USD	1 Quarter
Other comprehensive income effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$240.77K	USD	2 Qtrs
Other comprehensive income effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$677.32K	USD	1 Quarter
Other comprehensive income effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-29.04K	USD	2 Qtrs
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.39M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.33M	USD	Point-in-time

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