10-K Filing

Greenland Technologies Holding Corp. CIK: 1735041 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001213900-23-025456`
Period End Date	20221231
Filing Date	20230331
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	f10k2022_greenlandtech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 99 Income Statement 52 Cash Flow Statement 90 Stockholders Equity 17

Balance Sheet 99 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AccountsReceivableNetOfAllowanceForDoubtfulAccounts`	$762.33K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts (in Dollars)	`AccountsReceivableNetOfAllowanceForDoubtfulAccounts`	$859.32K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.30M	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`	12.98M	shares	Point-in-time
Ordinary shares, authorized	`CommonStockSharesAuthorized`	12.98M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.74M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.43M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	11.33M	shares	Point-in-time
Short Term Investment	`ShortTermInvestments`	$7.80M	USD	Point-in-time
Short Term Investment	`ShortTermInvestments`	$2.11M	USD	Point-in-time
Ordinary shares, issued	`CommonStockSharesIssued`	12.98M	shares	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$37.55M	USD	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	11.33M	shares	Point-in-time
Ordinary shares, outstanding	`CommonStockSharesOutstanding`	12.98M	shares	Point-in-time
Notes receivable	`AccountsAndOtherReceivablesNetCurrent`	$28.75M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $762,325 and $859,319, respectively	`AccountsReceivableNetCurrent`	$15.92M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $762,325 and $859,319, respectively	`AccountsReceivableNetCurrent`	$14.34M	USD	Point-in-time
Inventories	`InventoryNet`	$23.10M	USD	Point-in-time
Inventories	`InventoryNet`	$25.80M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$39.68M	USD	Point-in-time
Due from related parties-current	`DueFromRelatedPartiesCurrent`	$36.67M	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$412.77K	USD	Point-in-time
Advance to suppliers	`AdvanceToSuppliers`	$434.89K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$14.52K	USD	Point-in-time
Prepayments and other current assets	`OtherAssetsCurrent`	$1.57M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$132.36M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$139.31M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$15.59M	USD	Point-in-time
Property, plant, equipment and construction in progress, net	`PropertyPlantAndEquipmentNet`	$18.96M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$4.04M	USD	Point-in-time
Land use rights, net	`LandUseRightNet`	$3.64M	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	-	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$147.47K	USD	Point-in-time
Long term investment	`LongTermInvestments`	-	USD	Point-in-time
Long term investment	`LongTermInvestments`	$250.00K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$141.62K	USD	Point-in-time
Deferred tax assets	`DeferedTaxAssets`	$219.21K	USD	Point-in-time
Goodwill	`Goodwill`	$3.89K	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.63M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$80.68K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$44.09K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$283.12K	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$23.26M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$22.75M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$162.57M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$155.12M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$8.76M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$8.99M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayablebankAcceptanceNotes`	$28.27M	USD	Point-in-time
Notes payable-bank acceptance notes	`NotesPayablebankAcceptanceNotes`	$42.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.82M	USD	Point-in-time
Taxes payables	`TaxesPayableCurrent`	$108.06K	USD	Point-in-time
Taxes payables	`TaxesPayableCurrent`	$192.48K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$387.92K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$227.43K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$3.62M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$1.69M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.20M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$33.31K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$472.18K	USD	Point-in-time
Lease obligations - current	`LongTermDebtAndCapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Lease obligations - current	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$197.91K	USD	Point-in-time
Long term operating lease liabilities	`LiabilitiesCurrent`	$85.46M	USD	Point-in-time
Long term operating lease liabilities	`LiabilitiesCurrent`	$66.21M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.18M	USD	Point-in-time
Long term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$47.61K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$1.81M	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$2.21M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.26M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.99M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$87.72M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$70.20M	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, 12,978,504 shares authorized; 12,978,504 and 11,329,530 shares issued and outstanding as of December 31, 2022 and December 31, 2021.	`CommonStockValue`	-	USD	Point-in-time
Ordinary shares, no par value, 12,978,504 shares authorized; 12,978,504 and 11,329,530 shares issued and outstanding as of December 31, 2022 and December 31, 2021.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$23.76M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$32.96M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.84M	USD	Point-in-time
Statutory reserves	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$33.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$37.23M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.83M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.01M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$62.28M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$71.20M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$13.72M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$12.56M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.92M	USD	Point-in-time
TOTAL EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$155.12M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$162.57M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Basic and diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.89M	shares	Annual
REVENUES	`Revenues`	$98.84M	USD	Annual
REVENUES	`Revenues`	$90.83M	USD	Annual
Basic and diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.84M	shares	Annual
Basic and diluted	`EarningsPerShareDiluted`	$0.27	USD	Annual
COST OF GOODS SOLD	`CostOfRevenue`	$79.25M	USD	Annual
COST OF GOODS SOLD	`CostOfRevenue`	$71.00M	USD	Annual
Basic and diluted	`EarningsPerShareDiluted`	$0.58	USD	Annual
GROSS PROFIT	`GrossProfit`	$19.59M	USD	Annual
GROSS PROFIT	`GrossProfit`	$19.83M	USD	Annual
Selling expenses	`SellingExpense`	$1.87M	USD	Annual
Selling expenses	`SellingExpense`	$2.63M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.46M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.95M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.53M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.79M	USD	Annual
Total operating expenses	`OperatingExpenses`	$13.88M	USD	Annual
Total operating expenses	`OperatingExpenses`	$11.34M	USD	Annual
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$8.25M	USD	Annual
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$5.96M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$56.82K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$68.30K	USD	Annual
Interest expense	`InterestExpense`	$587.26K	USD	Annual
Interest expense	`InterestExpense`	$402.97K	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.51K	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.78K	USD	Annual
Other income/(loss)	`OtherOperatingIncomeLoss`	$1.71M	USD	Annual
Other income/(loss)	`OtherOperatingIncomeLoss`	$1.38M	USD	Annual
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.11M	USD	Annual
INCOME BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.32M	USD	Annual
INCOME TAX	`IncomeTaxExpenseBenefit`	$1.84M	USD	Annual
INCOME TAX	`IncomeTaxExpenseBenefit`	$699.69K	USD	Annual
NET INCOME	`ProfitLoss`	$6.62M	USD	Annual
NET INCOME	`ProfitLoss`	$7.27M	USD	Annual
LESS: NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.06M	USD	Annual
LESS: NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	Annual
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$3.56M	USD	Annual
NET INCOME ATTRIBUTABLE TO GREENLAND TECHNOLOGIES HOLDING CORPORATION AND SUBSIDIARIES	`NetIncomeLoss`	$6.27M	USD	Annual
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$1.48M	USD	Annual
OTHER COMPREHENSIVE INCOME (LOSS):	`OtherComprehensiveIncomeLossNetOfTax`	$-5.74M	USD	Annual
Unrealized foreign currency translation income (loss) attribute to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$-3.85M	USD	Annual
Unrealized foreign currency translation income (loss) attribute to Greenland technologies holding corporation and subsidiaries	`UnrealizedForeignCurrencyTranslationIncomelossAttributableToGreenlandTechnologiesHoldin`	$1.08M	USD	Annual
Unrealized foreign currency translation income (loss) attribute to non-controlling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$-1.89M	USD	Annual
Unrealized foreign currency translation income (loss) attribute to non-controlling interest	`UnrealizedForeignCurrencyTranslationIncomeAttributableToNoncontrollingInterest`	$399.39K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.34M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$-286.25K	USD	Annual
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.16M	USD	Annual
Noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.40M	USD	Annual
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.84M	shares	Annual
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.89M	shares	Annual
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.30	USD	Annual
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.58	USD	Annual

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$6.62M	USD	Annual
Net income	`ProfitLoss`	$7.27M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.44M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.51M	USD	Annual
Loss on disposal of property and equipment	`LossOnPrepaymentOfFinancingLeaseObligations`	$1.51K	USD	Annual
Loss on disposal of property and equipment	`LossOnPrepaymentOfFinancingLeaseObligations`	$-1.78K	USD	Annual
Increase in allowance for doubtful accounts	`IncreaseInAllowanceForDoubtfulAccounts`	$32.32K	USD	Annual
Increase in allowance for doubtful accounts	`IncreaseInAllowanceForDoubtfulAccounts`	$149.17K	USD	Annual
Increase in provision for inventory	`IncreaseInProvisionForInventory`	$-23.54K	USD	Annual
Increase in provision for inventory	`IncreaseInProvisionForInventory`	$-359.53K	USD	Annual
Deferred tax assets	`DeferredTaxAsset`	$-90.26K	USD	Annual
Deferred tax assets	`DeferredTaxAsset`	$20.40K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.03M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-406.96K	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$5.95M	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-6.07M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$9.97M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-400.98K	USD	Annual
Advance to suppliers	`AdvanceToSuppliersCost`	$23.46K	USD	Annual
Advance to suppliers	`AdvanceToSuppliersCost`	$-11.19K	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$-1.42M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseOtherCurrentAndNoncurrentAssets`	$-7.80M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.08M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.46M	USD	Annual
Customer deposits	`CustomerDeposit`	$12.99K	USD	Annual
Customer deposits	`CustomerDeposit`	$-133.80K	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$2.12M	USD	Annual
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-867.08K	USD	Annual
Income tax payables	`IncreaseDecreaseInAccruedTaxesPayable`	$106.89K	USD	Annual
Income tax payables	`IncreaseDecreaseInAccruedTaxesPayable`	$94.63K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$183.07K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$-405.73K	USD	Annual
Long-term payables - unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCost`	$-186.80K	USD	Annual
Long-term payables - unamortized deferred financing costs	`LongtermPayablesunamortizedDeferredFinancingCost`	$-3.94K	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.05M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-392.03K	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-5.76M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$7.31M	USD	Annual
Purchases of Long-term assets	`PaymentsToAcquireLandHeldForUse`	$525.13K	USD	Annual
Purchases of Long-term assets	`PaymentsToAcquireLandHeldForUse`	$897.38K	USD	Annual
Proceeds from government grants for construction	`ProceedsFromGovernmentGrantsForConstruction`	$-808.82K	USD	Annual
Proceeds from government grants for construction	`ProceedsFromGovernmentGrantsForConstruction`	$-255.41K	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.57K	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Investment in a joint venture	`PaymentsToAcquireInterestInJointVenture`	$250.00K	USD	Annual
Investment in a joint venture	`PaymentsToAcquireInterestInJointVenture`	-	USD	Annual
NET CASH USED BY INVESTING ACTIVITES	`NetCashProvidedByUsedInInvestingActivities`	$-638.98K	USD	Annual
NET CASH USED BY INVESTING ACTIVITES	`NetCashProvidedByUsedInInvestingActivities`	$33.69K	USD	Annual
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$8.67M	USD	Annual
Proceeds from short-term bank loans	`ProceedsFromShortTermDebt`	$11.70M	USD	Annual
Repayments of short-term bank loans	`RepaymentsOfOtherDebt`	$18.72M	USD	Annual
Repayments of short-term bank loans	`RepaymentsOfOtherDebt`	$10.79M	USD	Annual
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$15.42M	USD	Annual
Notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-10.85M	USD	Annual
Proceeds from related parties	`ProceedsFromRelatedParties`	$281.41K	USD	Annual
Proceeds from related parties	`ProceedsFromRelatedParties`	$419.31K	USD	Annual
Repayment of loans from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-2.16M	USD	Annual
Repayment of loans from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-4.05M	USD	Annual
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$1.48M	USD	Annual
Repayment of loans from third parties	`RepaymentsOfOtherLongTermDebt`	$310.44K	USD	Annual
Proceeds from third parties	`PrepaymentOfLeasefinancingObligations`	$-155.22K	USD	Annual
Proceeds from third parties	`PrepaymentOfLeasefinancingObligations`	-	USD	Annual
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$776.11K	USD	Annual
Payment of principal on financing lease obligation	`PaymentOfPrincipalOnFinancingLeaseObligation`	$185.14K	USD	Annual
Proceeds from equity and debt financing	`ProceedsFromEquityAndDebtFinaning`	$8.21M	USD	Annual
Proceeds from equity and debt financing	`ProceedsFromEquityAndDebtFinaning`	$9.20M	USD	Annual
Proceeds from NCI's Investment	`ProceedsFromNCIsInvestment`	$5.39M	USD	Annual
Proceeds from NCI's Investment	`ProceedsFromNCIsInvestment`	-	USD	Annual
Restricted stock grant	`ReductionOfCapital`	$66.20K	USD	Annual
Restricted stock grant	`ReductionOfCapital`	-	USD	Annual
NET CASH PROVIDED/(USED) IN FINANCING ACTIVITES	`NetCashProvidedByUsedInFinancingActivities`	$14.46M	USD	Annual
NET CASH PROVIDED/(USED) IN FINANCING ACTIVITES	`NetCashProvidedByUsedInFinancingActivities`	$-4.28M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$3.06M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$8.07M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.13M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$329.78K	USD	Annual
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.80M	USD	Point-in-time
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`	$19.73M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	$1.63M	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	$695.32K	USD	Annual
Interest paid	`InterestPaidNet`	$637.97K	USD	Annual
Interest paid	`InterestPaidNet`	$405.17K	USD	Annual
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.80M	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`	$19.73M	USD	Point-in-time
Bank balances and cash	`BankBalancesAndCash`	$11.06M	USD	Annual
Bank balances and cash	`BankBalancesAndCash`	$16.30M	USD	Annual
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$6.74M	USD	Annual
Bank balances and cash included in assets classified as restricted cash	`BankBalancesAndCashIncludedInAssetsClassifiedAsRestrictedCash`	$3.43M	USD	Annual

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.92M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time
Restricted stock grant	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$66.20K	USD	Annual
Sale of stock and warrants	`StockIssuedDuringPeriodValueNewIssues`	$8.21M	USD	Annual
Sale of stock and warrants	`StockIssuedDuringPeriodValueNewIssues`	$9.20M	USD	Annual
Debt of the cancelled company	`DebtOfTheCancelledCompany`	$1.78M	USD	Annual
Proceeds from NCI's Investment	`ProceedsFromNCIsInvestment`	$5.39M	USD	Annual
Proceeds from NCI's Investment	`ProceedsFromNCIsInvestment`	-	USD	Annual
Net income	`ProfitLoss`	$6.62M	USD	Annual
Net income	`ProfitLoss`	$7.27M	USD	Annual
Transfer to statutory reserve	`TransferToStatutoryReserve`	-	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.74M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.48M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$50.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$84.92M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.84M	USD	Point-in-time

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