10-Q Filing

IT TECH PACKAGING, INC. CIK: 1358190 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001213900-14-008046`
Period End Date	20140930
Filing Date	20141113
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	onp-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 68 Cash Flow Statement 91

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$51.30K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$67.59K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.32M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.75M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$11.38M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $51,304 and $67,592 as of September 30, 2014 and December 31, 2013, respectively)	`AccountsReceivableNet`	$3.33M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.75M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $51,304 and $67,592 as of September 30, 2014 and December 31, 2013, respectively)	`AccountsReceivableNet`	$4.16M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.32M	shares	Point-in-time
Inventories	`InventoryNet`	$11.43M	USD	Point-in-time
Inventories	`InventoryNet`	$6.98M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$831.50K	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$4.13M	USD	Point-in-time
Deferred tax asset - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	$413.54K	USD	Point-in-time
Deferred tax asset - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$25.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.28M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.49M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.48M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$196.09M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$178.54M	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	$3.28M	USD	Point-in-time
Recoverable VAT	`ValueAddedTaxReceivableNoncurrent`	$3.47M	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsOther`	$221.32K	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsOther`	$268.33K	USD	Point-in-time
Total Assets	`Assets`	$209.53M	USD	Point-in-time
Total Assets	`Assets`	$231.55M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$6.54M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$8.13M	USD	Point-in-time
Current portion of long-term loans from credit union	`LongTermDebtCurrent`	$113.78K	USD	Point-in-time
Current portion of long-term loans from credit union	`LongTermDebtCurrent`	$1.66M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$8.19M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$8.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$926.57K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$613.00K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$4.91M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$21.13M	USD	Point-in-time
Security deposit from a related party	`SecurityDepositFromRelatedParty`	-	USD	Point-in-time
Security deposit from a related party	`SecurityDepositFromRelatedParty`	$1.64M	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$64.55K	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$186.03K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$333.55K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$498.01K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$2.65M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$3.26M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$730.41K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesCurrent`	$24.81K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.37M	USD	Point-in-time
Loans from credit union	`OtherLoansPayableLongTerm`	$5.76M	USD	Point-in-time
Loans from credit union	`OtherLoansPayableLongTerm`	$4.25M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.39M	USD	Point-in-time
Loan from a related party	`DueToRelatedPartiesNoncurrent`	$2.37M	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$806.87K	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$1.16M	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$12.30M	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$8.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$59.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$48.47M	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, 20,316,400 and 18,753,900 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$18.75K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 20,316,400 and 18,753,900 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$20.32K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$49.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$46.91M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.04M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.04M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.07M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$90.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$100.42M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$161.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$171.76M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$231.55M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$209.53M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$40.75M	USD	1 Quarter
Revenues	`Revenues`	$104.34M	USD	3 Qtrs
Revenues	`Revenues`	$37.69M	USD	1 Quarter
Revenues	`Revenues`	$90.47M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$29.25M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$87.14M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$74.31M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$34.34M	USD	1 Quarter
Gross Profit	`GrossProfit`	$16.16M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$17.20M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$6.41M	USD	1 Quarter
Gross Profit	`GrossProfit`	$8.44M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$995.61K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.89M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.73M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$957.03K	USD	1 Quarter
Gain (Loss) from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-689.42K	USD	1 Quarter
Gain (Loss) from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.74K	USD	1 Quarter
Gain (Loss) from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-689.42K	USD	3 Qtrs
Gain (Loss) from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.74K	USD	3 Qtrs
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.49K	USD	3 Qtrs
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.49K	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$13.52M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$7.56M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$4.93M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$13.82M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$79.94K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$35.09K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$78.95K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$24.16K	USD	1 Quarter
Subsidy income	`SubsidyIncome`	$170.65K	USD	3 Qtrs
Subsidy income	`SubsidyIncome`	$170.65K	USD	1 Quarter
Subsidy income	`SubsidyIncome`	-	USD	1 Quarter
Subsidy income	`SubsidyIncome`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	$723.10K	USD	3 Qtrs
Interest expense	`InterestExpense`	$888.03K	USD	3 Qtrs
Interest expense	`InterestExpense`	$344.19K	USD	1 Quarter
Interest expense	`InterestExpense`	$244.38K	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.51M	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.04M	USD	3 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.62M	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.01M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$3.54M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$3.55M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.98M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.25M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.37M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$9.48M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$9.49M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$882.14K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.08M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.17K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.08M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$3.39M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$8.40M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$13.58M	USD	3 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$6.42M	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.30	USD	1 Quarter
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.51	USD	3 Qtrs
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.50	USD	3 Qtrs
Basic and Fully Diluted Earnings per Share	`EarningsPerShareBasicAndDiluted`	$0.18	USD	1 Quarter
Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.91M	shares	3 Qtrs
Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.92M	shares	1 Quarter
Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	1 Quarter
Outstanding - Basic and Fully Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.46M	shares	3 Qtrs

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.48M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.49M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.01M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.06M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.98M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$5.88M	USD	3 Qtrs
Gain from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-689.42K	USD	1 Quarter
Gain from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.74K	USD	1 Quarter
Gain from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-689.42K	USD	3 Qtrs
Gain from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$84.74K	USD	3 Qtrs
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.49K	USD	3 Qtrs
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.49K	USD	1 Quarter
Recovery from bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$-15.86K	USD	3 Qtrs
Recovery from bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$-8.59K	USD	3 Qtrs
Reversal of stock-based expense for service received	`ReversalOfStock-BasedExpenseForServiceReceived`	$-16.16K	USD	3 Qtrs
Reversal of stock-based expense for service received	`ReversalOfStock-BasedExpenseForServiceReceived`	-	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$481.14K	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$170.60K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$274.43K	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$227.42K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$441.59K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-841.05K	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.14K	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.45M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.38M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.91M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$54.41K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-307.67K	USD	3 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$16.26M	USD	3 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$-3.22M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-161.62K	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-18.34K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$618.25K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$764.33K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$154.98K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-480.00K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$18.18M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$35.79M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.58M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$239.19K	USD	3 Qtrs
Proceeds from sale of assets held for sale	`ProceedsFromSaleOfPropertyHeldForSale`	-	USD	3 Qtrs
Proceeds from sale of assets held for sale	`ProceedsFromSaleOfPropertyHeldForSale`	$2.68M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.08M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.77M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.85M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.50M	USD	3 Qtrs
Proceeds from issuance of shares and warrants, net	`ProceedsFromIssuanceOfWarrants`	$2.31M	USD	3 Qtrs
Proceeds from issuance of shares and warrants, net	`ProceedsFromIssuanceOfWarrants`	-	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$300.00K	USD	1 Quarter
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$643.50K	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$953.51K	USD	3 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$643.50K	USD	3 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$953.51K	USD	3 Qtrs
Proceeds from bank loans	`ProceedsFromBankDebt`	$6.50M	USD	3 Qtrs
Proceeds from bank loans	`ProceedsFromBankDebt`	$9.06M	USD	3 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	$4.88M	USD	3 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	$6.65M	USD	3 Qtrs
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceedsInvestingActivities`	$24.15M	USD	3 Qtrs
Proceeds from sale-leaseback financing	`SaleLeasebackTransactionNetProceedsInvestingActivities`	-	USD	3 Qtrs
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$1.36M	USD	3 Qtrs
Payment of capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$4.10M	USD	3 Qtrs
(Increase in) Release of restricted cash	`IncreaseDecreaseInRestrictedCash`	$8.94M	USD	3 Qtrs
(Increase in) Release of restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.61M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$230.75K	USD	3 Qtrs
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.10M	USD	3 Qtrs
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$26.59M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$400.61K	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-38.30K	USD	3 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.80M	USD	3 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$671.45K	USD	3 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.81M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$6.93M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.81M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$6.93M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$13.14M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$16.57M	USD	Point-in-time
Cash paid for interest, net of capitalized cost	`InterestPaid`	$648.55K	USD	3 Qtrs
Cash paid for interest, net of capitalized cost	`InterestPaid`	$644.52K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$3.12M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$3.54M	USD	3 Qtrs

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