10-Q Filing

TANKE BIOSCIENCES CORP CIK: 1452011 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001213900-12-006126`
Period End Date	20120930
Filing Date	20121114
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	tnbi-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 88 Cash Flow Statement 72

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
Common stock, shares issued	`CommonStockSharesIssued`	13.32M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	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`	$706.80K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.32M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$538.64K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.92M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.28M	USD	Point-in-time
Inventories	`InventoryNet`	$1.19M	USD	Point-in-time
Inventories	`InventoryNet`	$1.64M	USD	Point-in-time
Note receivable-related parties, current portion	`DueFromRelatedPartiesCurrent`	$239.48K	USD	Point-in-time
Note receivable-related parties, current portion	`DueFromRelatedPartiesCurrent`	-	USD	Point-in-time
Loans to customer and supplier	`AccountsAndOtherReceivablesNetCurrent`	$2.88M	USD	Point-in-time
Loans to customer and supplier	`AccountsAndOtherReceivablesNetCurrent`	$2.51M	USD	Point-in-time
Other receivables	`OtherReceivables`	$53.94K	USD	Point-in-time
Other receivables	`OtherReceivables`	$197.86K	USD	Point-in-time
Prepayments	`PrepaidExpenseCurrent`	$3.63M	USD	Point-in-time
Prepayments	`PrepaidExpenseCurrent`	$3.25M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$339.55K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$914.59K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$46.04K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$46.33K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.20M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.92M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.77M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$320.85K	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$35.88K	USD	Point-in-time
Intangible asset, net	`IntangibleAssetsNetExcludingGoodwill`	$838.09K	USD	Point-in-time
Intangible asset, net	`IntangibleAssetsNetExcludingGoodwill`	$1.27M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$121.44K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$328.01K	USD	Point-in-time
Total assets	`Assets`	$28.84M	USD	Point-in-time
Total assets	`Assets`	$24.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$784.78K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$581.95K	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$758.91K	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$917.94K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.75M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtCurrent`	$6.57M	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Current portion of long-term borrowing	`LongTermDebtCurrent`	$785.46K	USD	Point-in-time
Current portion of long-term borrowing	`LongTermDebtCurrent`	$1.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.55M	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtNoncurrent`	-	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtNoncurrent`	$4.49M	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
Advance from government grant	`DeferredRevenueAndCreditsNoncurrent`	$355.75K	USD	Point-in-time
Advance from government grant	`DeferredRevenueAndCreditsNoncurrent`	$187.19K	USD	Point-in-time
Long-term borrowing	`LongTermDebtNoncurrent`	$628.37K	USD	Point-in-time
Long-term borrowing	`LongTermDebtNoncurrent`	$948.39K	USD	Point-in-time
Total liabilities	`Liabilities`	$12.31M	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 September 30, 2012 and December 31, 2011	`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 September 30, 2012 and December 31, 2011	`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`	$3.27M	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`	$551.41K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$660.48K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$15.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$16.53M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$24.89M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$28.84M	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$9.91M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$21.88M	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$6.25M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$17.18M	USD	3 Qtrs
Costs of sales	`CostOfGoodsSold`	$10.74M	USD	3 Qtrs
Costs of sales	`CostOfGoodsSold`	$14.17M	USD	3 Qtrs
Costs of sales	`CostOfGoodsSold`	$6.52M	USD	1 Quarter
Costs of sales	`CostOfGoodsSold`	$4.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$6.44M	USD	3 Qtrs
Gross profit	`GrossProfit`	$3.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.71M	USD	3 Qtrs
Selling expenses	`SellingExpense`	$486.23K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.71M	USD	3 Qtrs
Selling expenses	`SellingExpense`	$611.88K	USD	1 Quarter
Selling expenses	`SellingExpense`	$1.69M	USD	3 Qtrs
Administrative expenses	`GeneralAndAdministrativeExpense`	$574.09K	USD	1 Quarter
Administrative expenses	`GeneralAndAdministrativeExpense`	$3.87M	USD	3 Qtrs
Administrative expenses	`GeneralAndAdministrativeExpense`	$545.10K	USD	1 Quarter
Administrative expenses	`GeneralAndAdministrativeExpense`	$1.80M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	-	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$4.81K	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$96.50K	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$43.07K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$66.86K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$16.64K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.69K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.17M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$718.41K	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.20M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.18M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$23.57K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$25.56K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$29.17K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$193.03K	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.06M	USD	3 Qtrs
Interest expense	`InterestExpense`	$814.41K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.50M	USD	3 Qtrs
Interest expense	`InterestExpense`	$316.42K	USD	1 Quarter
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$698.50K	USD	1 Quarter
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$1.40M	USD	1 Quarter
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$2.08M	USD	3 Qtrs
Amortization of discount on notes	`AmortizationOfFinancingCosts`	$3.54M	USD	3 Qtrs
Registration rights agreement expense	`RegistrationRightsAgreementExpense`	$-260.78K	USD	3 Qtrs
Registration rights agreement expense	`RegistrationRightsAgreementExpense`	-	USD	1 Quarter
Registration rights agreement expense	`RegistrationRightsAgreementExpense`	-	USD	3 Qtrs
Registration rights agreement expense	`RegistrationRightsAgreementExpense`	$-260.78K	USD	1 Quarter
Foreign exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	3 Qtrs
Foreign exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-17.85K	USD	1 Quarter
Foreign exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Foreign exchange losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-70.25K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.19M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.62M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.26M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.22M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$185.20K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$652.71K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$505.50K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$222.51K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.12M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$968.63K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$570.07K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.45M	USD	1 Quarter
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-101.88K	USD	1 Quarter
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$109.07K	USD	3 Qtrs
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$308.65K	USD	1 Quarter
Effects of foreign currency conversion	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$549.41K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.14M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$866.75K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-4.57M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$679.14K	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-0.40	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.11	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.04	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.11	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.04	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.40	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.32M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	12.72M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.32M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.32M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.32M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.32M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.94M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.32M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$570.07K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-5.12M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$125.56K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$404.12K	USD	3 Qtrs
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	3 Qtrs
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$2.49M	USD	3 Qtrs
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$698.50K	USD	1 Quarter
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$1.40M	USD	1 Quarter
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$2.08M	USD	3 Qtrs
Amortization of discount on convertible notes payable	`AmortizationOfFinancingCosts`	$3.54M	USD	3 Qtrs
Amortization of capitalized offering costs	`OtherAmortizationOfDeferredCharges`	$598.09K	USD	3 Qtrs
Amortization of capitalized offering costs	`OtherAmortizationOfDeferredCharges`	$1.02M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.15M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$357.89K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-329.03K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$450.06K	USD	3 Qtrs
Note receivables - related parties	`IncreaseDecreaseInDueFromRelatedParties`	$-1.91M	USD	3 Qtrs
Note receivables - related parties	`IncreaseDecreaseInDueFromRelatedParties`	$-239.48K	USD	3 Qtrs
Deferred tax asset	`IncreaseDecreaseInDeferredIncomeTaxes`	$5.19K	USD	3 Qtrs
Deferred tax asset	`IncreaseDecreaseInDeferredIncomeTaxes`	$285.00	USD	3 Qtrs
Prepayments	`IncreaseDecreaseInPrepaidExpense`	-	USD	3 Qtrs
Prepayments	`IncreaseDecreaseInPrepaidExpense`	$-388.39K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$23.05K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.22M	USD	3 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-206.57K	USD	3 Qtrs
Other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	3 Qtrs
Government grant	`IncreaseDecreaseInDeferredRevenue`	$-168.56K	USD	3 Qtrs
Government grant	`IncreaseDecreaseInDeferredRevenue`	$273.48K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-78.13K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-202.83K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$159.03K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$2.39M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$529.39K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$426.09K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$3.97M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.92M	USD	3 Qtrs
Increase in loans to customers and suppliers	`IncreaseDecreaseInAccountsAndOtherReceivables`	$363.32K	USD	3 Qtrs
Increase in loans to customers and suppliers	`IncreaseDecreaseInAccountsAndOtherReceivables`	-	USD	3 Qtrs
Increase in other receivables	`PaymentsToAcquireOtherReceivables`	$143.93K	USD	3 Qtrs
Increase in other receivables	`PaymentsToAcquireOtherReceivables`	$1.16M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$799.92K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$476.64K	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$477.66K	USD	3 Qtrs
Increase in cash due to acquisition of China Flying	`CashAcquiredFromAcquisition`	-	USD	3 Qtrs
Increase in cash due to acquisition of China Flying	`CashAcquiredFromAcquisition`	$76.08K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.78M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.56M	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities`	$-168.16K	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities`	$698.65K	USD	3 Qtrs
Net proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Net proceeds from issuance of convertible notes	`ProceedsFromConvertibleDebt`	$6.52M	USD	3 Qtrs
Increase in bank borrowings	`ProceedsFromBankDebt`	$878.12K	USD	3 Qtrs
Increase in bank borrowings	`ProceedsFromBankDebt`	$458.21K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.05M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.28M	USD	3 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashAndCashEquivalents`	$347.77K	USD	3 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashAndCashEquivalents`	$109.07K	USD	3 Qtrs
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.34M	USD	3 Qtrs
Net increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.99M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.04M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.22M	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`	$11.04M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.70M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$306.80K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$67.41K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$31.56K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$278.23K	USD	3 Qtrs

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