10-Q/A Filing

TANKE BIOSCIENCES CORP CIK: 1452011 Q2 2012

Filing Information

Form Type	10-Q/A
Accession Number	`0001213900-12-004941`
Period End Date	20120630
Filing Date	20120827
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	tnbi-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 88 Cash Flow Statement 78

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.03M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.32M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.32M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.32M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$583.21K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$706.80K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.32M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.82M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.92M	USD	Point-in-time
Inventory	`InventoryNet`	$1.26M	USD	Point-in-time
Inventory	`InventoryNet`	$1.19M	USD	Point-in-time
Note receivable-related parties, current portion	`DueFromRelatedPartiesCurrent`	-	USD	Point-in-time
Note receivable-related parties, current portion	`DueFromRelatedPartiesCurrent`	$239.48K	USD	Point-in-time
Loan to customers and suppliers	`AccountsAndOtherReceivablesNetCurrent`	$2.89M	USD	Point-in-time
Loan to customers and suppliers	`AccountsAndOtherReceivablesNetCurrent`	$2.51M	USD	Point-in-time
Other receivables	`OtherReceivables`	$157.62K	USD	Point-in-time
Other receivables	`OtherReceivables`	$53.94K	USD	Point-in-time
Prepayment	`PrepaidExpenseCurrent`	$3.33M	USD	Point-in-time
Prepayment	`PrepaidExpenseCurrent`	$3.63M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$542.95K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$914.59K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$46.53K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$46.04K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.65M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.87M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.77M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$35.88K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$79.38K	USD	Point-in-time
Intangible asset, net	`IntangibleAssetsNetExcludingGoodwill`	$1.32M	USD	Point-in-time
Intangible asset, net	`IntangibleAssetsNetExcludingGoodwill`	$838.09K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$328.01K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$368.26K	USD	Point-in-time
Total assets	`Assets`	$27.29M	USD	Point-in-time
Total assets	`Assets`	$24.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$582.05K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$784.78K	USD	Point-in-time
Other payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$758.91K	USD	Point-in-time
Other payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$1.05M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.48M	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtCurrent`	$5.87M	USD	Point-in-time
Current portion of long-term borrowing	`LongTermDebtCurrent`	$785.46K	USD	Point-in-time
Current portion of long-term borrowing	`LongTermDebtCurrent`	$793.82K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.55M	USD	Point-in-time
Advance from government grant	`DeferredRevenueAndCreditsNoncurrent`	$355.75K	USD	Point-in-time
Advance from government grant	`DeferredRevenueAndCreditsNoncurrent`	$249.98K	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtNoncurrent`	$4.49M	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Note payable - related party	`NotesPayableRelatedPartiesNoncurrent`	$13.72K	USD	Point-in-time
Note payable - related party	`NotesPayableRelatedPartiesNoncurrent`	$13.72K	USD	Point-in-time
Long term borrowing	`LongTermDebtNoncurrent`	$628.37K	USD	Point-in-time
Long term borrowing	`LongTermDebtNoncurrent`	$1.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.03M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 13,324,083 issued and outstanding as of June 30, 2012 (unaudited) and December 31, 2011, respectively	`CommonStockValue`	$13.32K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 13,324,083 issued and outstanding as of June 30, 2012 (unaudited) and December 31, 2011, respectively	`CommonStockValue`	$13.32K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.30M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesRetainedEarningsNotAvailableForDividends`	$373.41K	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesRetainedEarningsNotAvailableForDividends`	$373.41K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$762.37K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$551.41K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$15.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$15.67M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$24.89M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$27.29M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$11.97M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$10.93M	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$7.43M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$4.99M	USD	1 Quarter
Costs of sales	`CostOfGoodsSold`	$6.73M	USD	2 Qtrs
Costs of sales	`CostOfGoodsSold`	$7.64M	USD	2 Qtrs
Costs of sales	`CostOfGoodsSold`	$4.69M	USD	1 Quarter
Costs of sales	`CostOfGoodsSold`	$3.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.33M	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.74M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.20M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$548.18K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.20M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$618.81K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.09M	USD	2 Qtrs
Administrative expenses	`GeneralAndAdministrativeExpense`	$3.32M	USD	2 Qtrs
Administrative expenses	`GeneralAndAdministrativeExpense`	$780.52K	USD	1 Quarter
Administrative expenses	`GeneralAndAdministrativeExpense`	$680.23K	USD	1 Quarter
Administrative expenses	`GeneralAndAdministrativeExpense`	$1.22M	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$91.69K	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$91.69K	USD	2 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	-	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	-	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$63.18K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$51.46K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.76K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$26.43K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$1.50M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-485.38K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$229.57K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$1.99M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$169.45K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.22K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.61K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$148.25K	USD	1 Quarter
Interest expense	`InterestExpense`	$368.78K	USD	1 Quarter
Interest expense	`InterestExpense`	$741.87K	USD	2 Qtrs
Interest expense	`InterestExpense`	$423.50K	USD	1 Quarter
Interest expense	`InterestExpense`	$682.95K	USD	2 Qtrs
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$2.14M	USD	2 Qtrs
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$1.38M	USD	1 Quarter
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$1.38M	USD	2 Qtrs
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$690.90K	USD	1 Quarter
Foreign exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	2 Qtrs
Foreign exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$26.65K	USD	1 Quarter
Foreign exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-52.40K	USD	2 Qtrs
Foreign exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.55M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$31.64K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$585.92K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.36M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$106.95K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$313.50K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$430.20K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$320.31K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-398.56K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$272.41K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.68M	USD	2 Qtrs
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$98.47K	USD	1 Quarter
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$210.96K	USD	2 Qtrs
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$240.77K	USD	2 Qtrs
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$649.10K	USD	1 Quarter
Translation attributable to non-controlling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Translation attributable to non-controlling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Translation attributable to non-controlling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Translation attributable to non-controlling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.44M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-187.61K	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$370.88K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.03	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.12	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.29	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.03	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.29	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.12	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.32M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.32M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.76M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.32M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.32M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.32M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.76M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.32M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$272.41K	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.68M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-398.56K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.65M	USD	1 Quarter
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$3.34K	USD	2 Qtrs
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$244.56K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.18K	USD	2 Qtrs
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$2.49M	USD	2 Qtrs
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$2.14M	USD	2 Qtrs
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$1.38M	USD	1 Quarter
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$1.38M	USD	2 Qtrs
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$690.90K	USD	1 Quarter
Amortization of capitalized offering costs	`OtherAmortizationOfDeferredCharges`	$615.55K	USD	2 Qtrs
Amortization of capitalized offering costs	`OtherAmortizationOfDeferredCharges`	$397.27K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-98.71K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-102.21K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$69.14K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-172.61K	USD	2 Qtrs
Note receivables - related parties	`IncreaseDecreaseInDueFromRelatedParties`	$-239.48K	USD	2 Qtrs
Note receivables - related parties	`IncreaseDecreaseInDueFromRelatedParties`	$-1.29M	USD	2 Qtrs
Deferred tax asset	`IncreaseDecreaseInDeferredIncomeTaxes`	$-15.82K	USD	2 Qtrs
Deferred tax asset	`IncreaseDecreaseInDeferredIncomeTaxes`	$490.00	USD	2 Qtrs
Prepayment	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Prepayment	`IncreaseDecreaseInPrepaidExpense`	$-308.28K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$565.84K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$25.63K	USD	2 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$40.25K	USD	2 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	2 Qtrs
Government grant	`IncreaseDecreaseInDeferredRevenue`	$-63.42K	USD	2 Qtrs
Government grant	`IncreaseDecreaseInDeferredRevenue`	$-105.78K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-202.72K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.28K	USD	2 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$22.02K	USD	2 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$289.45K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$259.80K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$297.98K	USD	2 Qtrs
Advance from customer	`IncreaseDecreaseInCustomerAdvances`	$-3.21K	USD	2 Qtrs
Advance from customer	`IncreaseDecreaseInCustomerAdvances`	-	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.38M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.90M	USD	2 Qtrs
Increase in loans to customers and suppliers	`IncreaseDecreaseInAccountsAndOtherReceivables`	-	USD	2 Qtrs
Increase in loans to customers and suppliers	`IncreaseDecreaseInAccountsAndOtherReceivables`	$376.03K	USD	2 Qtrs
Increase in other receivables	`PaymentsToAcquireOtherReceivables`	$103.68K	USD	2 Qtrs
Increase in other receivables	`PaymentsToAcquireOtherReceivables`	$740.43K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$388.35K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$100.18K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$482.22K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Increase in cash due to acquisition of China Flying	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Increase in cash due to acquisition of China Flying	`CashAcquiredFromAcquisition`	$76.08K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-764.54K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.35M	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities`	$-123.59K	USD	2 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities`	$698.65K	USD	2 Qtrs
Net proceeds from issue of convertible notes	`ProceedsFromConvertibleDebt`	$6.52M	USD	2 Qtrs
Net proceeds from issue of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Increase (decrease) in bank borrowings	`ProceedsFromBankDebt`	$967.63K	USD	2 Qtrs
Increase (decrease) in bank borrowings	`ProceedsFromBankDebt`	$458.21K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.28M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.09M	USD	2 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-116.25K	USD	2 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashAndCashEquivalents`	$210.96K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.30M	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.33M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.52M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.03M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.22M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.52M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.03M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$67.41K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$37.80K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$31.56K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$184.23K	USD	2 Qtrs

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