10-K Filing

Greenland Technologies Holding Corp. CIK: 1735041 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001213900-21-018961`
Period End Date	20201231
Filing Date	20210331
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	gtec-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 49 Cash Flow Statement 98 Stockholders Equity 15

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AccountsReceivableNetOfAllowanceForDoubtfulAccounts`	$986.53K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AccountsReceivableNetOfAllowanceForDoubtfulAccounts`	$1.04M	USD	Point-in-time
Ordinary shares, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Ordinary shares, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Ordinary shares, authorized	`CommonStockSharesAuthorized`	10.23M	shares	Point-in-time
Ordinary shares, authorized	`CommonStockSharesAuthorized`	10.23M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.59M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	10.01M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	10.23M	shares	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	5,000.00	shares	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	10.23M	shares	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$30.80M	USD	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$16.16M	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	10.01M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $986,532 and $1,037,797, respectively	`AccountsReceivableNetCurrent`	$11.97M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $986,532 and $1,037,797, respectively	`AccountsReceivableNetCurrent`	$12.41M	USD	Point-in-time
Inventories	`InventoryNet`	$9.97M	USD	Point-in-time
Inventories	`InventoryNet`	$15.38M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$36.04M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$38.54M	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$447.90K	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$50.66K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$664.93K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$327.56K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$107.64M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$80.24M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$20.14M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$20.63M	USD	Point-in-time
Land use rights, net	`OperatingLeaseRightOfUseAsset`	$4.04M	USD	Point-in-time
Land use rights, net	`OperatingLeaseRightOfUseAsset`	$3.86M	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	-	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$5.17K	USD	Point-in-time
Due from related parties - non-current	`DueFromRelatedPartiesNoncurrent`	-	USD	Point-in-time
Due from related parties - non-current	`DueFromRelatedPartiesNoncurrent`	$430.03K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$513.80K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$158.46K	USD	Point-in-time
Goodwill	`Goodwill`	$3.89K	USD	Point-in-time
Goodwill	`Goodwill`	$3.89K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.37K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$798.43K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$24.34M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$26.24M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$131.98M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$106.48M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$18.49M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$16.86M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayableToBankCurrent`	$15.05M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayableToBankCurrent`	$25.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.01M	USD	Point-in-time
Taxes payables	`TaxesPayables`	$12.53K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$132.19K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$366.03K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$9.05M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$3.48M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.09M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.21M	USD	Point-in-time
Lease obligations - current	`LoansPayableCurrent`	$797.18K	USD	Point-in-time
Lease obligations - current	`LoansPayableCurrent`	$2.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$78.81M	USD	Point-in-time
Long-term bank loans	`LongTermLoansFromBank`	-	USD	Point-in-time
Long-term bank loans	`LongTermLoansFromBank`	-	USD	Point-in-time
Lease obligations non-current	`LongTermLoansPayable`	$166.29K	USD	Point-in-time
Lease obligations non-current	`LongTermLoansPayable`	$1.35M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$2.34M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$2.18M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.51M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.53M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$81.32M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$59.52M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Ordinary shares, no par value, 10,225,142 shares authorized; 10,225,142 and 10,006,142 shares issued and outstanding as of December 31, 2020 and December 31, 2019.	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares, no par value, 10,225,142 shares authorized; 10,225,142 and 10,006,142 shares issued and outstanding as of December 31, 2020 and December 31, 2019.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$13.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$15.23M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$4.52M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$26.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.86M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-62.92K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-360.98K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$44.89M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$38.60M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$8.37M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$5.77M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.64M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$131.98M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$106.48M	USD	Point-in-time

Income Statement 49 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$52.40M	USD	Annual
REVENUES	`Revenues`	$66.86M	USD	Annual
COST OF GOODS SOLD	`CostOfRevenue`	$54.05M	USD	Annual
COST OF GOODS SOLD	`CostOfRevenue`	$40.02M	USD	Annual
GROSS PROFIT	`GrossProfit`	$12.81M	USD	Annual
GROSS PROFIT	`GrossProfit`	$12.38M	USD	Annual
Selling expenses	`SellingExpense`	$1.19M	USD	Annual
Selling expenses	`SellingExpense`	$1.59M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.23M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.13M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.36M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.38M	USD	Annual
Total operating expenses	`OperatingExpenses`	$5.77M	USD	Annual
Total operating expenses	`OperatingExpenses`	$6.10M	USD	Annual
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$6.71M	USD	Annual
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$6.60M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$2.65K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$151.53K	USD	Annual
Interest expense	`InterestExpense`	$1.29M	USD	Annual
Interest expense	`InterestExpense`	$930.63K	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-252.56K	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-79.22K	USD	Annual
Other income	`OtherOperatingIncomeLoss`	$720.61K	USD	Annual
Other income	`OtherOperatingIncomeLoss`	$1.00M	USD	Annual
Remeasurement gain from change in functional currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.94M	USD	Annual
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.64M	USD	Annual
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.93M	USD	Annual
INCOME TAX	`IncomeTaxExpenseBenefit`	$2.27M	USD	Annual
INCOME TAX	`IncomeTaxExpenseBenefit`	$847.37K	USD	Annual
NET INCOME	`ProfitLoss`	$5.09M	USD	Annual
NET INCOME	`ProfitLoss`	$6.37M	USD	Annual
LESS: NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$-386.94K	USD	Annual
LESS: NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$622.61K	USD	Annual
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$6.76M	USD	Annual
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$4.46M	USD	Annual
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-937.63K	USD	Annual
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$689.29K	USD	Annual
Unrealized foreign currency translation income (loss) attribute to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-534.86K	USD	Annual
Unrealized foreign currency translation income (loss) attribute to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$298.06K	USD	Annual
Unrealized foreign currency translation income (loss) attribute to Non-controlling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$639.57K	USD	Annual
Unrealized foreign currency translation income (loss) attribute to Non-controlling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-154.43K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.93M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.06M	USD	Annual
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$252.63K	USD	Annual
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$468.18K	USD	Annual
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.93M	shares	Annual
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.04M	shares	Annual
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.67	USD	Annual
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.56	USD	Annual

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$5.09M	USD	Annual
Net income	`ProfitLoss`	$6.37M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.30M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.44M	USD	Annual
Loss on disposal of property and equipment	`IncreaseDecreaseLossOnDisposalOfPropertyAndEquipment`	$-252.56K	USD	Annual
Loss on disposal of property and equipment	`IncreaseDecreaseLossOnDisposalOfPropertyAndEquipment`	$-79.22K	USD	Annual
Increase/(decrease) in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$148.07K	USD	Annual
Increase/(decrease) in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-116.47K	USD	Annual
Increase in allowance for notes receivable	`IncreaseDecreaseInAllowanceForNotesReceivable`	$15.52K	USD	Annual
Increase in allowance for notes receivable	`IncreaseDecreaseInAllowanceForNotesReceivable`	$161.00K	USD	Annual
Increase/(decrease) in provision for inventory	`IncreaseInProvisionForInventory`	$136.17K	USD	Annual
Increase/(decrease) in provision for inventory	`IncreaseInProvisionForInventory`	$-22.49K	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDerivativeAssets`	$-370.03K	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDerivativeAssets`	$-55.36K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-486.79K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.13M	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$79.65K	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$12.79M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$4.33M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-2.23M	USD	Annual
Advance to suppliers	`IncreaseDecreaseInAdvanceToSuppliers`	$372.74K	USD	Annual
Advance to suppliers	`IncreaseDecreaseInAdvanceToSuppliers`	$18.54K	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.67K	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$297.74K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.94M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-16.12K	USD	Annual
Customer deposits	`IncreaseDecreaseInContractWithCustomerAsset`	$-212.71K	USD	Annual
Customer deposits	`IncreaseDecreaseInContractWithCustomerAsset`	$-65.48K	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$317.46K	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-1.65M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-141.97K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-12.68K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$4.77M	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$1.82M	USD	Annual
Long-term payables-Unamortized deferred financing costs	`IncreaseDecreaseInDeferredLiabilities`	$29.38K	USD	Annual
Long-term payables-Unamortized deferred financing costs	`IncreaseDecreaseInDeferredLiabilities`	-	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$219.06K	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-241.69K	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITES	`NetCashProvidedByUsedInOperatingActivities`	$8.00M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITES	`NetCashProvidedByUsedInOperatingActivities`	$2.70M	USD	Annual
Purchases of long-term assets	`PaymentsToAcquireLandHeldForUse`	$2.19M	USD	Annual
Purchases of long-term assets	`PaymentsToAcquireLandHeldForUse`	$1.08M	USD	Annual
Proceeds from government grants for construction	`ProceedsFromGovernmentGrantsForConstruction`	$-253.33K	USD	Annual
Proceeds from government grants for construction	`ProceedsFromGovernmentGrantsForConstruction`	$-633.89K	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.54K	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$90.70K	USD	Annual
Purchases of land use rights and other intangible assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	Annual
Purchases of land use rights and other intangible assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$131.43K	USD	Annual
NET CASH USED BY INVESTING ACTIVITES	`NetCashProvidedByUsedInInvestingActivities`	$-1.60M	USD	Annual
NET CASH USED BY INVESTING ACTIVITES	`NetCashProvidedByUsedInInvestingActivities`	$-822.77K	USD	Annual
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$21.13M	USD	Annual
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$38.67M	USD	Annual
Repayments of short-term bank loans	`RepaymentsOfOtherShortTermDebt`	$21.56M	USD	Annual
Repayments of short-term bank loans	`RepaymentsOfOtherShortTermDebt`	$41.14M	USD	Annual
Repayments of long-term bank loans	`RepaymentsOfSecuredDebt`	-	USD	Annual
Repayments of long-term bank loans	`RepaymentsOfSecuredDebt`	$6.53M	USD	Annual
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-1.81M	USD	Annual
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$9.27M	USD	Annual
Proceeds from related parties	`ProceedsFromRelatedParties`	$2.90M	USD	Annual
Proceeds from related parties	`ProceedsFromRelatedParties`	$1.51M	USD	Annual
Repayment of loans from related parties	`RepaymentsOfRelatedPartyDebt`	$5.43M	USD	Annual
Repayment of loans from related parties	`RepaymentsOfRelatedPartyDebt`	$708.37K	USD	Annual
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$5.72M	USD	Annual
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$2.90M	USD	Annual
Proceeds from third parties	`ProceedsFromThirdParties`	$4.38M	USD	Annual
Proceeds from third parties	`ProceedsFromThirdParties`	-	USD	Annual
Dividend paid	`PaymentsOfDividends`	$159.61K	USD	Annual
Proceeds received from financing lease obligation	`ProceedsFromIssuanceOfLongTermDebt`	$5.21M	USD	Annual
Proceeds received from financing lease obligation	`ProceedsFromIssuanceOfLongTermDebt`	$1.43M	USD	Annual
Deposits for the financing lease obligation	`PaymentsForProceedsFromDepositOnLoan`	$805.00K	USD	Annual
Deposits for the financing lease obligation	`PaymentsForProceedsFromDepositOnLoan`	$2.30M	USD	Annual
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$575.31K	USD	Annual
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$1.51M	USD	Annual
Reverse capitalization	`ProceedsFromReverseCapitalization`	$2.93M	USD	Annual
Reverse capitalization	`ProceedsFromReverseCapitalization`	-	USD	Annual
Restricted stock grant	`RestrictedStockGrant`	$246.80K	USD	Annual
Reduction of capital	`ProceedsFromReductionOfCapital`	$3.86M	USD	Annual
Reduction of capital	`ProceedsFromReductionOfCapital`	-	USD	Annual
NET CASH PROVIDED/(USED) IN FINANCING ACTIVITES	`NetCashProvidedByUsedInFinancingActivities`	$2.31M	USD	Annual
NET CASH PROVIDED/(USED) IN FINANCING ACTIVITES	`NetCashProvidedByUsedInFinancingActivities`	$-9.64M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.25M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.18M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.55K	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-494.12K	USD	Annual
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.72M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.97M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.72M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.97M	USD	Point-in-time
Bank balances and cash	`BankBalancesAndCash`	$7.16M	USD	Annual
Bank balances and cash	`BankBalancesAndCash`	$2.12M	USD	Annual
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$3.59M	USD	Annual
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$2.24M	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	$791.76K	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	$3.06M	USD	Annual
Interest paid	`InterestPaidNet`	$2.22M	USD	Annual
Interest paid	`InterestPaidNet`	$1.14M	USD	Annual

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.64M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Reverse recapitalization	`ReverseRecapitalization`	$2.93M	USD	Annual
Restricted stock grant	`StockIssuedDuringPeriodSharesRestrictedStockGranted`	$246.80K	USD	Annual
Reduction of capital	`ReductionOfCapital`	$3.86M	USD	Annual
Net income	`ProfitLoss`	$5.09M	USD	Annual
Net income	`ProfitLoss`	$6.37M	USD	Annual
Transfer to statutory reserve	`TransferToStatutoryReserve`	-	USD	Annual
Transfer to statutory reserve	`TransferToStatutoryReserve`	-	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-689.29K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$937.63K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.64M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time

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