10-Q Filing

IT TECH PACKAGING, INC. CIK: 1358190 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-008421`
Period End Date	20150930
Filing Date	20151112
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	onp-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 75 Cash Flow Statement 84

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$78.35K	USD	Point-in-time
Accounts receivable, Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$76.12K	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`	$6.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	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`	$3.89M	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	20.32M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.87M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.14M	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	20.32M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $78,346 and $76,125 as of September 30, 2015 and December 31, 2014, respectively)	`AccountsReceivableNet`	$3.73M	USD	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	20.32M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $78,346 and $76,125 as of September 30, 2015 and December 31, 2014, respectively)	`AccountsReceivableNet`	$3.85M	USD	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	20.32M	shares	Point-in-time
Inventories	`InventoryNet`	$7.14M	USD	Point-in-time
Inventories	`InventoryNet`	$9.26M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.92M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$450.67K	USD	Point-in-time
Deferred tax assets - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	$36.97K	USD	Point-in-time
Deferred tax assets - current	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$26.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.10M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.43M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseOtherNoncurrent`	$1.49M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$208.21M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$204.63M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$3.21M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$3.23M	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$281.01K	USD	Point-in-time
Deferred tax asset - non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$1.09M	USD	Point-in-time
Total Assets	`Assets`	$231.46M	USD	Point-in-time
Total Assets	`Assets`	$239.77M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$9.81M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$6.29M	USD	Point-in-time
Current portion of long-term loans from credit union	`LineOfCredit`	-	USD	Point-in-time
Current portion of long-term loans from credit union	`LineOfCredit`	$147.08K	USD	Point-in-time
Current portion of related party loan	`RelatedPartyTransactionDueFromToRelatedPartyCurrent`	$-2.30M	USD	Point-in-time
Current portion of related party loan	`RelatedPartyTransactionDueFromToRelatedPartyCurrent`	$-2.39M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$12.26M	USD	Point-in-time
Current obligations under capital lease	`CapitalLeaseObligationsCurrent`	$6.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$16.11M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$6.29M	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$337.12K	USD	Point-in-time
Due to a related party	`DueToRelatedPartiesCurrent`	$227.90K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$247.68K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$492.76K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$2.40M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$4.42M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$514.50K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$637.14K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.82M	USD	Point-in-time
Loans from credit union	`OtherLoansPayableLongTerm`	$5.76M	USD	Point-in-time
Loans from credit union	`OtherLoansPayableLongTerm`	$5.28M	USD	Point-in-time
Loans from a related party	`DueToRelatedPartiesNoncurrent`	$14.15M	USD	Point-in-time
Loans from a related party	`DueToRelatedPartiesNoncurrent`	$9.81M	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$334.45K	USD	Point-in-time
Deferred gain on sale-leaseback	`SaleLeasebackTransactionDeferredGainNet`	$695.39K	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$4.09M	USD	Point-in-time
Long-term obligations under capital lease	`LongTermDebtAndCapitalLeaseObligations`	$6.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$54.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$64.82M	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 shares issued and outstanding as of September 30, 2015 and December 31, 2014	`CommonStockValue`	$20.32K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 20,316,400 shares issued and outstanding as of September 30, 2015 and December 31, 2014	`CommonStockValue`	$20.32K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$49.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$49.22M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.08M	USD	Point-in-time
Statutory earnings reserve	`RetainedEarningsAppropriated`	$6.08M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.02M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$102.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$111.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$174.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$177.31M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$231.46M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$239.77M	USD	Point-in-time

Income Statement 75 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$40.75M	USD	1 Quarter
Revenues	`Revenues`	$32.41M	USD	1 Quarter
Revenues	`Revenues`	$104.34M	USD	3 Qtrs
Revenues	`Revenues`	$100.19M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$25.99M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$87.14M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$78.31M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$34.34M	USD	1 Quarter
Gross Profit	`GrossProfit`	$6.41M	USD	1 Quarter
Gross Profit	`GrossProfit`	$21.89M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$17.20M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$6.42M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.36M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.81M	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
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-689.42K	USD	3 Qtrs
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-689.42K	USD	1 Quarter
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.49K	USD	3 Qtrs
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.49K	USD	1 Quarter
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$2.60M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$13.82M	USD	3 Qtrs
Income from Operations	`OperatingIncomeLoss`	$4.93M	USD	1 Quarter
Income from Operations	`OperatingIncomeLoss`	$14.53M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$79.94K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.98K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$35.09K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$65.18K	USD	3 Qtrs
Subsidy income	`SubsidyIncome`	$210.42K	USD	1 Quarter
Subsidy income	`SubsidyIncome`	$487.46K	USD	3 Qtrs
Subsidy income	`SubsidyIncome`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$566.12K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.35M	USD	3 Qtrs
Interest expense	`InterestExpense`	$888.03K	USD	3 Qtrs
Interest expense	`InterestExpense`	$344.19K	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.62M	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.26M	USD	1 Quarter
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.01M	USD	3 Qtrs
Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.73M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$3.54M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$570.17K	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$3.35M	USD	3 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$1.25M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$3.37M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$1.69M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$9.38M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$9.48M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.19M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.17K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.01M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.08M	USD	3 Qtrs
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$2.37M	USD	3 Qtrs
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$8.40M	USD	3 Qtrs
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-5.50M	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$3.39M	USD	1 Quarter
Basic Earnings per Share	`EarningsPerShareBasic`	$0.46	USD	3 Qtrs
Basic Earnings per Share	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Basic Earnings per Share	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic Earnings per Share	`EarningsPerShareBasic`	$0.50	USD	3 Qtrs
Fully Diluted Earnings per Share	`EarningsPerShareDiluted`	$0.46	USD	3 Qtrs
Fully Diluted Earnings per Share	`EarningsPerShareDiluted`	$0.50	USD	3 Qtrs
Fully Diluted Earnings per Share	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Fully Diluted Earnings per Share	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	20.32M	shares	3 Qtrs
Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	20.32M	shares	1 Quarter
Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	18.92M	shares	1 Quarter
Outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	18.91M	shares	3 Qtrs
Outstanding - Fully Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.32M	shares	3 Qtrs
Outstanding - Fully Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.92M	shares	1 Quarter
Outstanding - Fully Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.33M	shares	1 Quarter
Outstanding - Fully Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.91M	shares	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.38M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.48M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.01M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.88M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.06M	USD	3 Qtrs
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-689.42K	USD	3 Qtrs
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-689.42K	USD	1 Quarter
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.49K	USD	3 Qtrs
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	$203.49K	USD	1 Quarter
Gain from disposal of assets held for sale	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Allowance for (Recovery from) bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$-5.27K	USD	3 Qtrs
Allowance for (Recovery from) bad debts	`AllowanceForLoanAndLeaseLossRecoveryOfBadDebts`	$15.86K	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-384.17K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-878.73K	USD	3 Qtrs
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$227.42K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$481.14K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$841.05K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$273.78K	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.33M	USD	3 Qtrs
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-12.14K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-4.38M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.46M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.13M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-307.67K	USD	3 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$16.26M	USD	3 Qtrs
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$-9.48M	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-232.86K	USD	3 Qtrs
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-161.62K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$618.25K	USD	3 Qtrs
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.18M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-101.22K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-480.00K	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$35.79M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$10.67M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$239.19K	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from sale of assets held for sale	`ProceedsFromSaleOfPropertyHeldForSale`	$2.68M	USD	3 Qtrs
Proceeds from sale of assets held for sale	`ProceedsFromSaleOfPropertyHeldForSale`	-	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.77M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.21K	USD	3 Qtrs
Payment for construction in progress	`PaymentForConstructionInProgressExpenditure`	$11.25M	USD	3 Qtrs
Payment for construction in progress	`PaymentForConstructionInProgressExpenditure`	-	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.31M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.85M	USD	3 Qtrs
Proceeds from issuance of shares and warrants, net	`ProceedsFromIssuanceOfWarrants`	-	USD	3 Qtrs
Proceeds from issuance of shares and warrants, net	`ProceedsFromIssuanceOfWarrants`	$2.31M	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$643.50K	USD	3 Qtrs
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$5.24M	USD	3 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$643.50K	USD	3 Qtrs
Repayment of related party loans	`RepaymentsOfRelatedPartyDebt`	$390.00K	USD	3 Qtrs
Proceeds from short-term bank loans	`ProceedsFromBankDebt`	$6.50M	USD	3 Qtrs
Proceeds from short-term bank loans	`ProceedsFromBankDebt`	$3.23M	USD	3 Qtrs
Repayment of short-term bank loans	`RepaymentsOfBankDebt`	$4.88M	USD	3 Qtrs
Repayment of short-term bank loans	`RepaymentsOfBankDebt`	$6.47M	USD	3 Qtrs
Repayment of loans from credit union	`RepaymentOfLoansFromCreditUnion`	$-412.46K	USD	3 Qtrs
Repayment of loans from credit union	`RepaymentOfLoansFromCreditUnion`	-	USD	3 Qtrs
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	$4.10M	USD	3 Qtrs
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	$5.38M	USD	3 Qtrs
Release of (Increase in) restricted cash	`IncreaseDecreaseInRestrictedCash`	$8.94M	USD	3 Qtrs
Release of (Increase in) restricted cash	`IncreaseDecreaseInRestrictedCash`	$-5.55M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.37M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.10M	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-38.30K	USD	3 Qtrs
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-258.47K	USD	3 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.80M	USD	3 Qtrs
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$472.25K	USD	3 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$6.93M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$4.36M	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`	$3.89M	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`	$4.36M	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`	$3.89M	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`	$1.72M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$3.54M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$4.33M	USD	3 Qtrs

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