S-1 Filing

ISPIRE TECHNOLOGY INC. CIK: 1948455

Filing Information

Form Type	S-1
Accession Number	`0001213900-23-065827`
Period End Date	20230331
Filing Date	20230811
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	ea181849-s1_ispiretech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 113 Income Statement 120 Cash Flow Statement 98 Stockholders Equity 21

Balance Sheet 113 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, 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 authorized	`CommonStockSharesAuthorized`	140.00M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.35M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.48M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.04M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.45M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.25M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.26M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.00M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$4.31M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$15.41M	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	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`	$14.24M	USD	Point-in-time
Inventories, net	`InventoryNet`	$3.05M	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 authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$14.58M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$775.05K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$290.62K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$192.50K	USD	Point-in-time
Due from related parties	`DueFromRelatedParties1`	$36.22K	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`	$63.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$93.42M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$99.45M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.91K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$588.21K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$114.03K	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
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$440.57K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	-	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$72.71M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$443.48K	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`	$93.86M	USD	Point-in-time
Total assets	`Assets`	$100.74M	USD	Point-in-time
Total assets	`Assets`	$141.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$290.54K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.95K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$178.14K	USD	Point-in-time
Accounts payable related party	`AccountsPayableRelatedParty`	$56.04M	USD	Point-in-time
Accounts payable related party	`AccountsPayableRelatedParty`	$41.98M	USD	Point-in-time
Accounts payable related party	`AccountsPayableRelatedParty`	$33.37M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.67M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.13M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$742.25K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.83M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	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
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$119.23K	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	-	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	$40.67M	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	$41.17M	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`	$207.97K	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$917.31K	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$347.54K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$88.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$79.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$58.40M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$3.61M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$270.14K	USD	Point-in-time
Total liabilities	`Liabilities`	$62.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$80.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$88.97M	USD	Point-in-time
Common stock	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$5.00K	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`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
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-67.58K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.89M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.95M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.82M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$10.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.97M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$13.76M	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 liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$141.96M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$93.86M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$100.74M	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$19.01M	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.01	USD	3 Qtrs
Revenue	`Revenues`	$88.10M	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-0.12	USD	3 Qtrs
Revenue	`Revenues`	$66.25M	USD	3 Qtrs
Revenue	`Revenues`	$82.98M	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.04	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.06	USD	Annual
Revenue	`Revenues`	$63.41M	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Revenue	`Revenues`	$24.14M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$19.62M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$74.79M	USD	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	3 Qtrs
Cost of revenue	`CostOfRevenue`	$53.00M	USD	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	3 Qtrs
Cost of revenue	`CostOfRevenue`	$55.96M	USD	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.00M	shares	Annual
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	Annual
Gross profit	`GrossProfit`	$10.29M	USD	3 Qtrs
Gross profit	`GrossProfit`	$4.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$10.42M	USD	Annual
Gross profit	`GrossProfit`	$14.45M	USD	3 Qtrs
Gross profit	`GrossProfit`	$13.31M	USD	Annual
Gross profit	`GrossProfit`	$2.98M	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	$3.78M	USD	3 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	$5.50M	USD	Annual
Sales and marketing expenses	`SellingAndMarketingExpense`	$3.36M	USD	3 Qtrs
Sales and marketing expenses	`SellingAndMarketingExpense`	$948.30K	USD	1 Quarter
Sales and marketing expenses	`SellingAndMarketingExpense`	$3.56M	USD	Annual
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`	$3.21M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.79M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.62M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.55M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.03M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$14.29M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$6.77M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$7.98M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$19.59M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$3.87M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$9.40M	USD	3 Qtrs
(Loss)income from operations	`OperatingIncomeLoss`	$-988.67K	USD	Annual
(Loss)income from operations	`OperatingIncomeLoss`	$-5.14M	USD	3 Qtrs
(Loss)income from operations	`OperatingIncomeLoss`	$888.11K	USD	3 Qtrs
(Loss)income from operations	`OperatingIncomeLoss`	$3.64M	USD	Annual
(Loss)income from operations	`OperatingIncomeLoss`	$-895.68K	USD	1 Quarter
(Loss)income from operations	`OperatingIncomeLoss`	$-3.46M	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$1.02K	USD	1 Quarter
Interest income, net	`InvestmentIncomeInterest`	$882.00	USD	Annual
Interest income, net	`InvestmentIncomeInterest`	$5.08K	USD	Annual
Interest income, net	`InvestmentIncomeInterest`	$77.20K	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$2.08K	USD	3 Qtrs
Interest income, net	`InvestmentIncomeInterest`	$391.00	USD	1 Quarter
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$136.90K	USD	3 Qtrs
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$183.18K	USD	3 Qtrs
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$68.42K	USD	1 Quarter
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-87.92K	USD	Annual
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$660.76K	USD	1 Quarter
Exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$58.14K	USD	Annual
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$67.27K	USD	Annual
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$-108.44K	USD	3 Qtrs
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$122.39K	USD	Annual
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$49.38K	USD	3 Qtrs
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$-5.56K	USD	1 Quarter
Other (expense)income, net	`OtherOperatingIncomeExpenseNet`	$-67.95K	USD	1 Quarter
Total Other income, net	`OtherNonoperatingIncomeExpense`	$593.20K	USD	1 Quarter
Total Other income, net	`OtherNonoperatingIncomeExpense`	$188.37K	USD	3 Qtrs
Total Other income, net	`OtherNonoperatingIncomeExpense`	$-19.77K	USD	Annual
Total Other income, net	`OtherNonoperatingIncomeExpense`	$63.88K	USD	1 Quarter
Total Other income, net	`OtherNonoperatingIncomeExpense`	$151.94K	USD	3 Qtrs
Total Other income, net	`OtherNonoperatingIncomeExpense`	$185.62K	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.87M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-803.06K	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.99M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.08M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-831.80K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.62M	USD	Annual
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$788.35K	USD	3 Qtrs
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$1.07M	USD	Annual
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$158.75K	USD	1 Quarter
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$1.07M	USD	3 Qtrs
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$685.82K	USD	Annual
Income taxes - current	`CurrentIncomeTaxExpenseBenefit`	$237.99K	USD	1 Quarter
Net (loss)income	`NetIncomeLoss`	$2.94M	USD	Annual
Net (loss)income	`NetIncomeLoss`	$-6.06M	USD	3 Qtrs
Net (loss)income	`NetIncomeLoss`	$-1.87M	USD	Annual
Net (loss)income	`NetIncomeLoss`	$-3.11M	USD	1 Quarter
Net (loss)income	`NetIncomeLoss`	$-990.56K	USD	1 Quarter
Net (loss)income	`NetIncomeLoss`	$288.12K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.70K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-157.70K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-117.08K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-80.77K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-71.69K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.27K	USD	3 Qtrs
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$-6.07M	USD	3 Qtrs
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$207.36K	USD	3 Qtrs
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$2.93M	USD	Annual
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$-1.99M	USD	Annual
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$-1.06M	USD	1 Quarter
Comprehensive (loss)income	`ComprehensiveIncomeNetOfTax`	$-3.26M	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.12	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	Annual
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.01	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$0.06	USD	Annual
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.00M	shares	Annual
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.00M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.00M	shares	Annual
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	3 Qtrs

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$2.94M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-6.06M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.87M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-3.11M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-990.56K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$288.12K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$1.57M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$3.91K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$3.64K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$10.40K	USD	Annual
Depreciation of right-of-use assets	`FinanceLeaseRightOfUseAssetAmortization`	$316.99K	USD	Annual
Depreciation of right-of-use assets	`FinanceLeaseRightOfUseAssetAmortization`	$135.14K	USD	Annual
Depreciation of right-of-use assets	`FinanceLeaseRightOfUseAssetAmortization`	$215.69K	USD	3 Qtrs
Depreciation of right-of-use assets	`FinanceLeaseRightOfUseAssetAmortization`	$763.64K	USD	3 Qtrs
Accounts receivable impairment	`ProvisionForDoubtfulAccounts`	-	USD	Annual
Accounts receivable impairment	`ProvisionForDoubtfulAccounts`	$272.24K	USD	Annual
Accounts receivable impairment	`ProvisionForDoubtfulAccounts`	$2.23M	USD	3 Qtrs
Accounts receivable impairment	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.87M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.32M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.40M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.95M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$6.87M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.05M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-343.39K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.53M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$632.64K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-56.49K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-77.99K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-29.01K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.74M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.32M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.39M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$8.88M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-940.01K	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$471.75K	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$543.89K	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$150.59K	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-282.49K	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$360.76K	USD	3 Qtrs
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$43.55K	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$323.87K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-481.11K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$481.11K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-534.07K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$202.76K	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-24.00M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.56M	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.02M	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.25M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$120.95K	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$121.52K	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$798.00	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$495.06K	USD	3 Qtrs
Purchase of short-term investment	`PaymentsToAcquireShortTermInvestments`	$9.60M	USD	3 Qtrs
Purchase of short-term investment	`PaymentsToAcquireShortTermInvestments`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-121.52K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-120.95K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-798.00	USD	Annual
Payment made for dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$469.63K	USD	Annual
Payment made for dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$3.38M	USD	3 Qtrs
Payment made for dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	Annual
Payment made for dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$449.03K	USD	3 Qtrs
Advances from related parties	`ProceedsFromRelatedPartyDebt`	$91.69K	USD	Annual
Advances from related parties	`ProceedsFromRelatedPartyDebt`	$1.93M	USD	3 Qtrs
Advances from related parties	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Advances from related parties	`ProceedsFromRelatedPartyDebt`	$1.68M	USD	3 Qtrs
Repayment of advances from related parties	`RepaymentsOfRelatedPartyDebt`	$2.50M	USD	Annual
Repayment of advances from related parties	`RepaymentsOfRelatedPartyDebt`	$1.80M	USD	3 Qtrs
Repayment of advances from related parties	`RepaymentsOfRelatedPartyDebt`	$36.22K	USD	Annual
Repayment of advances from related parties	`RepaymentsOfRelatedPartyDebt`	$40.51M	USD	3 Qtrs
Principal portion of lease payment	`RepaymentsOfLongTermCapitalLeaseObligations`	$283.32K	USD	Annual
Principal portion of lease payment	`RepaymentsOfLongTermCapitalLeaseObligations`	$203.61K	USD	3 Qtrs
Principal portion of lease payment	`RepaymentsOfLongTermCapitalLeaseObligations`	$120.94K	USD	Annual
Principal portion of lease payment	`RepaymentsOfLongTermCapitalLeaseObligations`	$634.78K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.09M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-775.70K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.60M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-227.85K	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.77M	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.90M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-50.45M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.80M	USD	Annual
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 - beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.45M	USD	Point-in-time
Cash and cash equivalents - beginning 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
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.45M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$85.25M	USD	Point-in-time
Cash paid(refund) for income taxes	`CashPaidrefundForIncomeTaxes`	$1.88M	USD	Annual
Cash paid(refund) for income taxes	`CashPaidrefundForIncomeTaxes`	$-69.65K	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$10.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$11.77M	USD	Point-in-time
Balance	`StockholdersEquity`	$79.95M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$2.94M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-6.06M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.87M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-3.11M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-990.56K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$288.12K	USD	3 Qtrs
Transfer of intangible assets	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$74.26M	USD	3 Qtrs
Foreign currency translation adjustment	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-80.77K	USD	3 Qtrs
Foreign currency translation adjustment	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-15.27K	USD	3 Qtrs
Foreign currency translation adjustment	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-117.08K	USD	Annual
Foreign currency translation adjustment	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-9.70K	USD	Annual
Balance	`StockholdersEquity`	$10.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$13.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$11.77M	USD	Point-in-time
Balance	`StockholdersEquity`	$79.95M	USD	Point-in-time

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