10-Q Filing

ISPIRE TECHNOLOGY INC. CIK: 1948455 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001213900-23-039983`
Period End Date	20230331
Filing Date	20230515
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	f10q0323_ispiretech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 80 Cash Flow Statement 52 Stockholders Equity 15

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	140.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	140.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$74.48M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.04M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.26M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$15.41M	USD	Point-in-time
Held-to-maturity investment	`ShortTermInvestments`	$9.60M	USD	Point-in-time
Held-to-maturity investment	`ShortTermInvestments`	-	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$14.58M	USD	Point-in-time
Inventories, net	`InventoryNet`	$14.24M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$192.50K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$290.62K	USD	Point-in-time
Due from related parties	`DueFromRelatedParties1`	$1.93M	USD	Point-in-time
Due from related parties	`DueFromRelatedParties1`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$99.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$63.58M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$114.03K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$588.21K	USD	Point-in-time
Rental deposit	`PrepaidExpenseNoncurrent`	$876.10K	USD	Point-in-time
Rental deposit	`PrepaidExpenseNoncurrent`	$721.50K	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$295.80K	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$4.36M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$72.71M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	-	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$1.29M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$78.38M	USD	Point-in-time
Total assets	`Assets`	$141.96M	USD	Point-in-time
Total assets	`Assets`	$100.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$290.54K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$178.14K	USD	Point-in-time
Accounts payable related party	`AccountsPayableRelatedParty`	$41.98M	USD	Point-in-time
Accounts payable related party	`AccountsPayableRelatedParty`	$56.04M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.67M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$742.25K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.36M	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$159.30K	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$520.06K	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	-	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	$40.67M	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$481.11K	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$347.54K	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$917.31K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$58.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$88.97M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$3.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$88.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$62.01M	USD	Point-in-time
Common stock, par value $0.0001 per share; 140,000,000 shares authorized; 50,000,000 shares issued and outstanding as of June 30 2022 and March 31, 2023	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock, par value $0.0001 per share; 140,000,000 shares authorized; 50,000,000 shares issued and outstanding as of June 30 2022 and March 31, 2023	`CommonStockValue`	$5.00K	USD	Point-in-time
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized, no shares issued at June 30, 2022 and March 31, 2023	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized, no shares issued at June 30, 2022 and March 31, 2023	`PreferredStockValue`	-	USD	Point-in-time
Capital contribution	`AdditionalPaidInCapital`	-	USD	Point-in-time
Capital contribution	`AdditionalPaidInCapital`	$74.26M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-184.66K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-199.94K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.95M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.89M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$79.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.76M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.97M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$141.96M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$100.74M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Diluted	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Revenue	`Revenues`	$82.98M	USD	3 Qtrs
Revenue	`Revenues`	$24.14M	USD	1 Quarter
Revenue	`Revenues`	$19.01M	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.12	USD	3 Qtrs
Revenue	`Revenues`	$66.25M	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.01	USD	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	1 Quarter
Cost of revenue	`CostOfRevenue`	$16.04M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$68.53M	USD	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	3 Qtrs
Cost of revenue	`CostOfRevenue`	$55.96M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$19.62M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.98M	USD	1 Quarter
Gross profit	`GrossProfit`	$14.45M	USD	3 Qtrs
Gross profit	`GrossProfit`	$4.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$10.29M	USD	3 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	$948.30K	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	$3.78M	USD	3 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	$3.36M	USD	3 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	$1.33M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.23M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.62M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.03M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.55M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$19.59M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$9.40M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$3.87M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$7.98M	USD	1 Quarter
(Loss)income from operations	`OperatingIncomeLoss`	$888.11K	USD	3 Qtrs
(Loss)income from operations	`OperatingIncomeLoss`	$-3.46M	USD	1 Quarter
(Loss)income from operations	`OperatingIncomeLoss`	$-5.14M	USD	3 Qtrs
(Loss)income from operations	`OperatingIncomeLoss`	$-895.68K	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$391.00	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$77.20K	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$1.02K	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$2.08K	USD	3 Qtrs
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$68.42K	USD	1 Quarter
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$660.76K	USD	1 Quarter
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$183.18K	USD	3 Qtrs
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$136.90K	USD	3 Qtrs
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$-67.95K	USD	1 Quarter
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$-5.56K	USD	1 Quarter
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$-108.44K	USD	3 Qtrs
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$49.38K	USD	3 Qtrs
Total Other income, net	`InterestAndOtherIncome`	$63.88K	USD	1 Quarter
Total Other income, net	`InterestAndOtherIncome`	$188.37K	USD	3 Qtrs
Total Other income, net	`InterestAndOtherIncome`	$151.94K	USD	3 Qtrs
Total Other income, net	`InterestAndOtherIncome`	$593.20K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossAttributableToParent`	$-4.99M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossAttributableToParent`	$-831.80K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossAttributableToParent`	$-2.87M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossAttributableToParent`	$1.08M	USD	3 Qtrs
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$158.75K	USD	1 Quarter
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$237.99K	USD	1 Quarter
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$1.07M	USD	3 Qtrs
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$788.35K	USD	3 Qtrs
Net (loss)income	`NetIncomeLoss`	$288.12K	USD	3 Qtrs
Net (loss)income	`NetIncomeLoss`	$-990.56K	USD	1 Quarter
Net (loss)income	`NetIncomeLoss`	$-6.06M	USD	3 Qtrs
Net (loss)income	`NetIncomeLoss`	$-3.11M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-157.70K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-80.77K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.27K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-71.69K	USD	1 Quarter
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$-1.06M	USD	1 Quarter
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$207.36K	USD	3 Qtrs
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$-3.26M	USD	1 Quarter
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$-6.07M	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.01	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.00M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.00M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.00M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.00M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income (loss):	`NetIncomeLoss`	$288.12K	USD	3 Qtrs
Net income (loss):	`NetIncomeLoss`	$-990.56K	USD	1 Quarter
Net income (loss):	`NetIncomeLoss`	$-6.06M	USD	3 Qtrs
Net income (loss):	`NetIncomeLoss`	$-3.11M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$1.57M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$3.91K	USD	3 Qtrs
Depreciation of right-of-use assets	`FinanceLeaseRightOfUseAssetAmortization`	$763.64K	USD	3 Qtrs
Depreciation of right-of-use assets	`FinanceLeaseRightOfUseAssetAmortization`	$215.69K	USD	3 Qtrs
Accounts receivable impairment	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Accounts receivable impairment	`ProvisionForDoubtfulAccounts`	$2.23M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.40M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.32M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$6.87M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-343.39K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-56.49K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-77.99K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.74M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.32M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$471.75K	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-940.01K	USD	3 Qtrs
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$360.76K	USD	3 Qtrs
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$323.87K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$202.76K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-481.11K	USD	3 Qtrs
Net cash (used in)provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.25M	USD	3 Qtrs
Net cash (used in)provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.00M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$495.06K	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$120.95K	USD	3 Qtrs
Purchase of short-term investment	`PaymentsToAcquireShortTermInvestments`	-	USD	3 Qtrs
Purchase of short-term investment	`PaymentsToAcquireShortTermInvestments`	$9.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-120.95K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.10M	USD	3 Qtrs
Payment made for dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$3.38M	USD	3 Qtrs
Payment made for dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$449.03K	USD	3 Qtrs
Advances from related parties	`ProceedsFromRelatedPartyDebt`	$1.93M	USD	3 Qtrs
Advances from related parties	`ProceedsFromRelatedPartyDebt`	$1.68M	USD	3 Qtrs
Repayment of advances from related parties	`RepaymentsOfRelatedPartyDebt`	$40.51M	USD	3 Qtrs
Repayment of advances from related parties	`RepaymentsOfRelatedPartyDebt`	$1.80M	USD	3 Qtrs
Principal portion of lease payment	`RepaymentsOfLongTermCapitalLeaseObligations`	$634.78K	USD	3 Qtrs
Principal portion of lease payment	`RepaymentsOfLongTermCapitalLeaseObligations`	$203.61K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.60M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-775.70K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-50.45M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.90M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.25M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.35M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.48M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.04M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.25M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.35M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.48M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.04M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$11.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$79.95M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$13.76M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$13.97M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$288.12K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-990.56K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.06M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.11M	USD	1 Quarter
Transfer of intangible assets	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$74.26M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-80.77K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent`	$-15.27K	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$11.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$79.95M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$13.76M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$13.97M	USD	Point-in-time

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