10-K Filing

IT TECH PACKAGING, INC. CIK: 1358190 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001213900-19-003744`
Period End Date	20181231
Filing Date	20190307
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	itp-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 66 Cash Flow Statement 82 Stockholders Equity 20

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$58.71K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$37.63K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$79.48K	USD	Point-in-time
Consolidated VIE, liabilities	`VariableInterestEntityConsolidatedCarryingAmountLiabilities`	$34.01M	USD	Point-in-time
Consolidated VIE, liabilities	`VariableInterestEntityConsolidatedCarryingAmountLiabilities`	$31.24M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and bank balances	`Cash`	$2.90M	USD	Point-in-time
Cash and bank balances	`Cash`	$8.47M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.64M	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
Accounts receivable (net of allowance for doubtful accounts of $58,707 and $37,626 as of December 31, 2018 and December 2017, respectively)	`AccountsReceivableNet`	$1.84M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	20.02M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $58,707 and $37,626 as of December 31, 2018 and December 2017, respectively)	`AccountsReceivableNet`	$2.88M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	21.45M	shares	Point-in-time
Inventories	`InventoryNet`	$8.47M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	20.02M	shares	Point-in-time
Inventories	`InventoryNet`	$2.92M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.45M	shares	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.24M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$651.52K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$24.16M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$189.39M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$167.83M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$3.04M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$2.81M	USD	Point-in-time
Deferred tax asset non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$6.57M	USD	Point-in-time
Deferred tax asset non-current	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$8.28M	USD	Point-in-time
Total Assets	`Assets`	$203.08M	USD	Point-in-time
Total Assets	`Assets`	$218.99M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$11.80M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$7.19M	USD	Point-in-time
Current portion of long-term loans from credit union	`LoansPayableToBankCurrent`	$2.49M	USD	Point-in-time
Current portion of long-term loans from credit union	`LoansPayableToBankCurrent`	$6.37M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$629.05K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$422.70K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$6.12M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$3.64M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$413.34K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$60.38K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$231.25K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$213.54K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$836.34K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$10.22M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$525.80K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$219.31K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$29.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.76M	USD	Point-in-time
Loans from credit union	`OtherLoansPayableLongTerm`	$1.19M	USD	Point-in-time
Loans from credit union	`OtherLoansPayableLongTerm`	$4.71M	USD	Point-in-time
Loans from a related party	`DueToRelatedPartiesNoncurrent`	$2.19M	USD	Point-in-time
Loans from a related party	`DueToRelatedPartiesNoncurrent`	$10.71M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $34,008,908 and $31,235,520 as of December 31, 2018 and 2017, respectively)	`Liabilities`	$36.53M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $34,008,908 and $31,235,520 as of December 31, 2018 and 2017, respectively)	`Liabilities`	$33.66M	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, 20,022,316 and 21,450,316 shares issued and outstanding as of December 31, 2018 and 2017, respectively	`CommonStockValue`	$22.36K	USD	Point-in-time
Common stock, 500,000,000 shares authorized, $0.001 par value per share, 20,022,316 and 21,450,316 shares issued and outstanding as of December 31, 2018 and 2017, respectively	`CommonStockValue`	$21.45K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$51.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$50.64M	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 (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.26M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$123.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$112.57M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$172.76M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$185.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$166.55M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$203.08M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$218.99M	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$26.72M	USD	1 Quarter
Revenues	`Revenues`	$25.29M	USD	1 Quarter
Revenues	`Revenues`	$24.99M	USD	1 Quarter
Revenues	`Revenues`	$35.44M	USD	1 Quarter
Revenues	`Revenues`	$1.89M	USD	1 Quarter
Revenues	`Revenues`	$33.15M	USD	1 Quarter
Revenues	`Revenues`	$117.02M	USD	Annual
Revenues	`Revenues`	$22.79M	USD	1 Quarter
Revenues	`Revenues`	$33.51M	USD	1 Quarter
Revenues	`Revenues`	$86.75M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSoldOverhead`	$97.07M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSoldOverhead`	$80.93M	USD	Annual
Gross Profit	`GrossProfit`	$2.24M	USD	1 Quarter
Gross Profit	`GrossProfit`	$19.96M	USD	Annual
Gross Profit	`GrossProfit`	$5.65M	USD	1 Quarter
Gross Profit	`GrossProfit`	$7.22M	USD	1 Quarter
Gross Profit	`GrossProfit`	$5.82M	USD	Annual
Gross Profit	`GrossProfit`	$3.46M	USD	1 Quarter
Gross Profit	`GrossProfit`	$-695.31K	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.26M	USD	1 Quarter
Gross Profit	`GrossProfit`	$3.02M	USD	1 Quarter
Gross Profit	`GrossProfit`	$3.62M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$13.10M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$11.31M	USD	Annual
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-9.88K	USD	Annual
Loss from disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.68M	USD	Annual
Loss on impairment of assets	`AssetImpairmentCharges`	$3.89M	USD	Annual
Loss on impairment of assets	`AssetImpairmentCharges`	$2.29M	USD	Annual
(Loss) Income from Operations	`OperatingIncomeLoss`	$4.68M	USD	Annual
(Loss) Income from Operations	`OperatingIncomeLoss`	$764.02K	USD	1 Quarter
(Loss) Income from Operations	`OperatingIncomeLoss`	$-4.52M	USD	1 Quarter
(Loss) Income from Operations	`OperatingIncomeLoss`	$-11.73K	USD	1 Quarter
(Loss) Income from Operations	`OperatingIncomeLoss`	$-1.67M	USD	1 Quarter
(Loss) Income from Operations	`OperatingIncomeLoss`	$2.87M	USD	1 Quarter
(Loss) Income from Operations	`OperatingIncomeLoss`	$-1.57M	USD	1 Quarter
(Loss) Income from Operations	`OperatingIncomeLoss`	$2.72M	USD	1 Quarter
(Loss) Income from Operations	`OperatingIncomeLoss`	$-11.18M	USD	Annual
(Loss) Income from Operations	`OperatingIncomeLoss`	$-5.08M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$36.63K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$34.59K	USD	Annual
Subsidy income	`SubsidyIncome`	$241.19K	USD	Annual
Subsidy income	`SubsidyIncome`	$41.53K	USD	Annual
Interest expense	`InterestExpense`	$2.43M	USD	Annual
Interest expense	`InterestExpense`	$1.49M	USD	Annual
(Loss) Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-12.40M	USD	Annual
(Loss) Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.32M	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$662.83K	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$-1.85M	USD	Annual
Net (Loss) Income	`NetIncomeLoss`	$15.92K	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$1.66M	USD	Annual
Net (Loss) Income	`NetIncomeLoss`	$1.71M	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$109.99K	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$-5.16M	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$1.57M	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$-10.55M	USD	Annual
Net (Loss) Income	`NetIncomeLoss`	$-4.09M	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$-1.40M	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$-1.64M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.73M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.91M	USD	Annual
Total Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTax`	$12.57M	USD	Annual
Total Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTax`	$-19.28M	USD	Annual
Basic and Diluted (Losses) Earnings per Share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.49	USD	Annual
Basic and Diluted (Losses) Earnings per Share	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.08	USD	Annual
Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.62M	shares	Annual
Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.45M	shares	Annual

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.92K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.66M	USD	Annual
Net income	`NetIncomeLoss`	$1.71M	USD	1 Quarter
Net income	`NetIncomeLoss`	$109.99K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-5.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-10.55M	USD	Annual
Net income	`NetIncomeLoss`	$-4.09M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.63M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$14.29M	USD	Annual
Loss from disposal and impairment of property, plant and equipment	`GainLossOnDispositionOfAssets1`	$-3.97M	USD	Annual
Loss from disposal and impairment of property, plant and equipment	`GainLossOnDispositionOfAssets1`	$-4.52M	USD	Annual
(Recovery from) Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$-45.31K	USD	Annual
(Recovery from) Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$23.68K	USD	Annual
Share-based compensation expenses	`ShareBasedCompensation`	$470.36K	USD	Annual
Share-based compensation expenses	`ShareBasedCompensation`	-	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-3.01M	USD	Annual
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-2.09M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.18M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.27M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.73M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$79.26K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-5.32M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$2.42M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-166.46K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$234.45K	USD	Annual
Advance from customers	`IncreaseDecreaseInAdvanceFromCustomers`	$-29.66K	USD	Annual
Advance from customers	`IncreaseDecreaseInAdvanceFromCustomers`	-	USD	Annual
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$-2.26M	USD	Annual
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$3.71M	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$150.74K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	-	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-6.86K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$8.11K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$6.88M	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.50M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-291.12K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-839.05K	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$18.15M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$9.79M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.38M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.20M	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$59.07K	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.20M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.32M	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	$4.52M	USD	Annual
Proceeds from related party loans	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	$12.81M	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Proceeds from short term bank loans	`ProceedsFromBankDebt`	$12.90M	USD	Annual
Proceeds from short term bank loans	`ProceedsFromBankDebt`	$12.21M	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$12.15M	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$11.15M	USD	Annual
Proceeds from credit union loans	`ProceedsFromRuralCreditUnionLoans`	$2.37M	USD	Annual
Proceeds from credit union loans	`ProceedsFromRuralCreditUnionLoans`	$5.06M	USD	Annual
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	Annual
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	$9.04M	USD	Annual
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.17M	USD	Annual
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.92M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.33M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$609.35K	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.52M	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.10M	USD	Annual
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$9.02M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$12.12M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$4.49M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$9.02M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$12.12M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$4.49M	USD	Point-in-time
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$1.87M	USD	Annual
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$1.36M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.25M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$515.00K	USD	Annual
Cash and bank balances	`CashBankBalances`	$8.47M	USD	Annual
Cash and bank balances	`CashBankBalances`	$2.90M	USD	Annual
Restricted cash	`NonCashRestrictedCash`	$6.12M	USD	Annual
Restricted cash	`NonCashRestrictedCash`	$3.64M	USD	Annual
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`TotalCashEquivalentsAndRestrictedCash`	$9.02M	USD	Annual
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`TotalCashEquivalentsAndRestrictedCash`	$12.12M	USD	Annual

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$172.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$185.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$166.55M	USD	Point-in-time
Issuance of shares to officer and directors	`StockIssuedDuringPeriodValueOther`	$470.36K	USD	Annual
Issuance of shares to Weitian	`StockIssuedDuringPeriodIssuanceOfSharesValueToWeitian`	$32.62K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.73M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.91M	USD	Annual
Net income loss for the year	`NetIncomeLoss`	$15.92K	USD	1 Quarter
Net income loss for the year	`NetIncomeLoss`	$1.66M	USD	Annual
Net income loss for the year	`NetIncomeLoss`	$1.71M	USD	1 Quarter
Net income loss for the year	`NetIncomeLoss`	$109.99K	USD	1 Quarter
Net income loss for the year	`NetIncomeLoss`	$-5.16M	USD	1 Quarter
Net income loss for the year	`NetIncomeLoss`	$1.57M	USD	1 Quarter
Net income loss for the year	`NetIncomeLoss`	$-10.55M	USD	Annual
Net income loss for the year	`NetIncomeLoss`	$-4.09M	USD	1 Quarter
Net income loss for the year	`NetIncomeLoss`	$-1.40M	USD	1 Quarter
Net income loss for the year	`NetIncomeLoss`	$-1.64M	USD	1 Quarter
Balance	`StockholdersEquity`	$172.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$185.33M	USD	Point-in-time
Balance	`StockholdersEquity`	$166.55M	USD	Point-in-time

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