10-Q Filing

IT TECH PACKAGING, INC. CIK: 1358190 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001213900-24-041827`
Period End Date	20240331
Filing Date	20240510
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	ea0205388-10q_ittech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 162 Income Statement 74 Cash Flow Statement 142 Stockholders Equity 28

Balance Sheet 162 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$48.70K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$48.70K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$11.74K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivable`	$11.74K	USD	Point-in-time
Consolidated VIE, liabilities (in Dollars)	`VariableInterestEntityConsolidatedCarryingAmountLiabilities1`	$21.65M	USD	Point-in-time
Consolidated VIE, liabilities (in Dollars)	`VariableInterestEntityConsolidatedCarryingAmountLiabilities1`	$21.65M	USD	Point-in-time
Consolidated VIE, liabilities (in Dollars)	`VariableInterestEntityConsolidatedCarryingAmountLiabilities1`	$20.08M	USD	Point-in-time
Consolidated VIE, liabilities (in Dollars)	`VariableInterestEntityConsolidatedCarryingAmountLiabilities1`	$20.08M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	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, 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, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.07M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.07M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.07M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.07M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Cash and bank balances	`Cash`	$3.92M	USD	Point-in-time
Cash and bank balances	`Cash`	$3.92M	USD	Point-in-time
Cash and bank balances	`Cash`	$4.51M	USD	Point-in-time
Cash and bank balances	`Cash`	$4.51M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$472.98K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$472.98K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$903.54K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$903.54K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $48,697 and $11,745 as of March 31, 2024 and December 31, 2023, respectively)	`AccountsReceivableNetCurrent`	$2.39M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $48,697 and $11,745 as of March 31, 2024 and December 31, 2023, respectively)	`AccountsReceivableNetCurrent`	$2.39M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $48,697 and $11,745 as of March 31, 2024 and December 31, 2023, respectively)	`AccountsReceivableNetCurrent`	$575.53K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $48,697 and $11,745 as of March 31, 2024 and December 31, 2023, respectively)	`AccountsReceivableNetCurrent`	$575.53K	USD	Point-in-time
Inventories	`InventoryNet`	$3.56M	USD	Point-in-time
Inventories	`InventoryNet`	$3.56M	USD	Point-in-time
Inventories	`InventoryNet`	$3.49M	USD	Point-in-time
Inventories	`InventoryNet`	$3.49M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.98M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.98M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.68M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.01M	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseNoncurrent`	-	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseNoncurrent`	-	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseNoncurrent`	-	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseNoncurrent`	-	USD	Point-in-time
Operating lease right-of-use assets, net	`FinanceLeaseRightOfUseAsset`	$528.65K	USD	Point-in-time
Operating lease right-of-use assets, net	`FinanceLeaseRightOfUseAsset`	$528.65K	USD	Point-in-time
Operating lease right-of-use assets, net	`FinanceLeaseRightOfUseAsset`	$503.22K	USD	Point-in-time
Operating lease right-of-use assets, net	`FinanceLeaseRightOfUseAsset`	$503.22K	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$160.21M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$160.21M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$163.97M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$163.97M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$1.87M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$1.87M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$1.88M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$1.88M	USD	Point-in-time
Deferred tax asset non-current	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred tax asset non-current	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred tax asset non-current	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred tax asset non-current	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Total Assets	`Assets`	$192.60M	USD	Point-in-time
Total Assets	`Assets`	$192.60M	USD	Point-in-time
Total Assets	`Assets`	$194.74M	USD	Point-in-time
Total Assets	`Assets`	$194.74M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$423.57K	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$423.57K	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$845.67K	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$845.67K	USD	Point-in-time
Current portion of long-term loans	`LoansPayableCurrent`	$6.87M	USD	Point-in-time
Current portion of long-term loans	`LoansPayableCurrent`	$6.87M	USD	Point-in-time
Current portion of long-term loans	`LoansPayableCurrent`	$8.12M	USD	Point-in-time
Current portion of long-term loans	`LoansPayableCurrent`	$8.12M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$100.48K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$100.48K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$102.15K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$102.15K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$241.78K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$241.78K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.99K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.99K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$110.79K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$110.79K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$136.17K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$136.17K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$246.50K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$246.50K	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	-	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	-	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$310.69K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$310.69K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$237.84K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$237.84K	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$12.91M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$12.91M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$13.87M	USD	Point-in-time
Other payables and accrued liabilities	`OtherAccountsPayableAndAccruedLiabilities`	$13.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$24.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$24.57M	USD	Point-in-time
Long-term loans	`LongTermDebtNoncurrent`	$4.50M	USD	Point-in-time
Long-term loans	`LongTermDebtNoncurrent`	$4.50M	USD	Point-in-time
Long-term loans	`LongTermDebtNoncurrent`	$3.24M	USD	Point-in-time
Long-term loans	`LongTermDebtNoncurrent`	$3.24M	USD	Point-in-time
Lease liability - non-current	`OperatingLeaseLiabilityNoncurrent`	$483.87K	USD	Point-in-time
Lease liability - non-current	`OperatingLeaseLiabilityNoncurrent`	$483.87K	USD	Point-in-time
Lease liability - non-current	`OperatingLeaseLiabilityNoncurrent`	$491.91K	USD	Point-in-time
Lease liability - non-current	`OperatingLeaseLiabilityNoncurrent`	$491.91K	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$20.00	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$20.00	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$54.00	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$54.00	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $21,648,803 and $20,084,995 as of March 31, 2024 and December 31, 2023, respectively)	`Liabilities`	$28.31M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $21,648,803 and $20,084,995 as of March 31, 2024 and December 31, 2023, respectively)	`Liabilities`	$28.31M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $21,648,803 and $20,084,995 as of March 31, 2024 and December 31, 2023, respectively)	`Liabilities`	$26.41M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $21,648,803 and $20,084,995 as of March 31, 2024 and December 31, 2023, respectively)	`Liabilities`	$26.41M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, 50,000,000 shares authorized, $0.001 par value per share, 10,065,920 shares issued and outstanding as of March 31, 2024 and December, 31, 2023.	`CommonStockValue`	$10.07K	USD	Point-in-time
Common stock, 50,000,000 shares authorized, $0.001 par value per share, 10,065,920 shares issued and outstanding as of March 31, 2024 and December, 31, 2023.	`CommonStockValue`	$10.07K	USD	Point-in-time
Common stock, 50,000,000 shares authorized, $0.001 par value per share, 10,065,920 shares issued and outstanding as of March 31, 2024 and December, 31, 2023.	`CommonStockValue`	$10.07K	USD	Point-in-time
Common stock, 50,000,000 shares authorized, $0.001 par value per share, 10,065,920 shares issued and outstanding as of March 31, 2024 and December, 31, 2023.	`CommonStockValue`	$10.07K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$89.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$89.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$89.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$89.17M	USD	Point-in-time
Statutory earnings reserve	`StatutoryEarningsReserve`	$6.08M	USD	Point-in-time
Statutory earnings reserve	`StatutoryEarningsReserve`	$6.08M	USD	Point-in-time
Statutory earnings reserve	`StatutoryEarningsReserve`	$6.08M	USD	Point-in-time
Statutory earnings reserve	`StatutoryEarningsReserve`	$6.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.56M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$83.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$83.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$79.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$79.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$181.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$181.32M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$181.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$181.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$168.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$168.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$164.29M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$164.29M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$192.60M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$192.60M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$194.74M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$194.74M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$6.86M	USD	1 Quarter
Revenues	`Revenues`	$6.86M	USD	1 Quarter
Diluted Losses per Share	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Diluted Losses per Share	`EarningsPerShareDiluted`	$-0.27	USD	1 Quarter
Revenues	`Revenues`	$19.79M	USD	1 Quarter
Revenues	`Revenues`	$19.79M	USD	1 Quarter
Diluted Losses per Share	`EarningsPerShareDiluted`	$-0.37	USD	1 Quarter
Diluted Losses per Share	`EarningsPerShareDiluted`	$-0.37	USD	1 Quarter
Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	1 Quarter
Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	1 Quarter
Cost of sales	`CostOfRevenue`	$6.46M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$6.46M	USD	1 Quarter
Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	1 Quarter
Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	1 Quarter
Cost of sales	`CostOfRevenue`	$20.07M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$20.07M	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	$-277.00K	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	$-277.00K	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	$399.11K	USD	1 Quarter
Gross Profit (Loss)	`GrossProfit`	$399.11K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.50M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-2.77M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-2.77M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-3.50M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-3.50M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$2.18K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$2.18K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$136.27K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$136.27K	USD	1 Quarter
Interest expense	`InterestExpense`	$210.29K	USD	1 Quarter
Interest expense	`InterestExpense`	$210.29K	USD	1 Quarter
Interest expense	`InterestExpense`	$249.17K	USD	1 Quarter
Interest expense	`InterestExpense`	$249.17K	USD	1 Quarter
Gain (Loss) on derivative liability	`UnrealizedGainLossOnDerivatives`	$152.10K	USD	1 Quarter
Gain (Loss) on derivative liability	`UnrealizedGainLossOnDerivatives`	$152.10K	USD	1 Quarter
Gain (Loss) on derivative liability	`UnrealizedGainLossOnDerivatives`	$34.00	USD	1 Quarter
Gain (Loss) on derivative liability	`UnrealizedGainLossOnDerivatives`	$34.00	USD	1 Quarter
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.71M	USD	1 Quarter
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.71M	USD	1 Quarter
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.73M	USD	1 Quarter
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.73M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$36.79K	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$36.79K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-301.62K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-301.62K	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-4.05M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-4.05M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-230.41K	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-230.41K	USD	1 Quarter
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.37	USD	1 Quarter
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.37	USD	1 Quarter
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.27	USD	1 Quarter
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.27	USD	1 Quarter
Outstanding Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	1 Quarter
Outstanding Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	1 Quarter
Outstanding Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	1 Quarter
Outstanding Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	1 Quarter

Cash Flow Statement 142 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.48M	USD	1 Quarter
(Gain) Loss on derivative liability	`GainLossOnSaleOfDerivatives`	$152.10K	USD	1 Quarter
(Gain) Loss on derivative liability	`GainLossOnSaleOfDerivatives`	$152.10K	USD	1 Quarter
(Gain) Loss on derivative liability	`GainLossOnSaleOfDerivatives`	$34.00	USD	1 Quarter
(Gain) Loss on derivative liability	`GainLossOnSaleOfDerivatives`	$34.00	USD	1 Quarter
(Gain) Loss from disposal and impairment of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
(Gain) Loss from disposal and impairment of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
(Gain) Loss from disposal and impairment of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-12.93K	USD	1 Quarter
(Gain) Loss from disposal and impairment of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-12.93K	USD	1 Quarter
(Recovery from) Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$36.94K	USD	1 Quarter
(Recovery from) Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$36.94K	USD	1 Quarter
(Recovery from) Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$-246.39K	USD	1 Quarter
(Recovery from) Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$-246.39K	USD	1 Quarter
Allowances for inventories, net	`InventoryWriteDown`	-	USD	1 Quarter
Allowances for inventories, net	`InventoryWriteDown`	-	USD	1 Quarter
Allowances for inventories, net	`InventoryWriteDown`	$-2.95K	USD	1 Quarter
Allowances for inventories, net	`InventoryWriteDown`	$-2.95K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.99M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.99M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.85M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.85M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.28M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.28M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.46M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.46M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-59.61K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-59.61K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.06M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$3.06M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$236.60K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$236.60K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-5.10K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-5.10K	USD	1 Quarter
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	$-25.12K	USD	1 Quarter
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	$-25.12K	USD	1 Quarter
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	-	USD	1 Quarter
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	-	USD	1 Quarter
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$246.30K	USD	1 Quarter
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$246.30K	USD	1 Quarter
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	-	USD	1 Quarter
Notes payable	`IncreaseDecreaseInNotesPayableCurrent`	-	USD	1 Quarter
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-187.48K	USD	1 Quarter
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-187.48K	USD	1 Quarter
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-128.62K	USD	1 Quarter
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-128.62K	USD	1 Quarter
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$126.99K	USD	1 Quarter
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$126.99K	USD	1 Quarter
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$73.21K	USD	1 Quarter
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$73.21K	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.02M	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.02M	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$263.71K	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$263.71K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-424.20K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-424.20K	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$4.81M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$4.81M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$624.42K	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$624.42K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$295.02K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$295.02K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$9.03K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$9.03K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-295.02K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-295.02K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.03K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.03K	USD	1 Quarter
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	$422.49K	USD	1 Quarter
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	$422.49K	USD	1 Quarter
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	-	USD	1 Quarter
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	-	USD	1 Quarter
Proceeds from long term loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Proceeds from long term loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Proceeds from long term loans	`ProceedsFromIssuanceOfLongTermDebt`	$2.62M	USD	1 Quarter
Proceeds from long term loans	`ProceedsFromIssuanceOfLongTermDebt`	$2.62M	USD	1 Quarter
Repayment of bank loans	`LoanToARelatedPartynet`	$-2.92K	USD	1 Quarter
Repayment of bank loans	`LoanToARelatedPartynet`	$-2.92K	USD	1 Quarter
Repayment of bank loans	`LoanToARelatedPartynet`	-	USD	1 Quarter
Repayment of bank loans	`LoanToARelatedPartynet`	-	USD	1 Quarter
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	1 Quarter
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	1 Quarter
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	$55.85K	USD	1 Quarter
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	$55.85K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$422.49K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$422.49K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.56M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.56M	USD	1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.24K	USD	1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-12.24K	USD	1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.52K	USD	1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.52K	USD	1 Quarter
Net Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.03M	USD	1 Quarter
Net Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.03M	USD	1 Quarter
Net Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.23M	USD	1 Quarter
Net Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.23M	USD	1 Quarter
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.42M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.42M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.75M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.75M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.42M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.42M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.75M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.75M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$137.34K	USD	1 Quarter
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$137.34K	USD	1 Quarter
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$84.04K	USD	1 Quarter
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$84.04K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$36.79K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$36.79K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$424.20K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$424.20K	USD	1 Quarter
Cash and bank balances	`CashAndBankBalances`	$16.75M	USD	1 Quarter
Cash and bank balances	`CashAndBankBalances`	$16.75M	USD	1 Quarter
Cash and bank balances	`CashAndBankBalances`	$4.51M	USD	1 Quarter
Cash and bank balances	`CashAndBankBalances`	$4.51M	USD	1 Quarter
Restricted cash	`RestrictedCashEquivalentsCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashEquivalentsCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashEquivalentsCurrent`	$903.54K	USD	Point-in-time
Restricted cash	`RestrictedCashEquivalentsCurrent`	$903.54K	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.42M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.42M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$16.75M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$16.75M	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$181.32M	USD	Point-in-time
Balance	`StockholdersEquity`	$181.32M	USD	Point-in-time
Balance	`StockholdersEquity`	$181.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$181.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$168.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$168.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$164.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$164.29M	USD	Point-in-time
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.50M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-301.62K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-301.62K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Balance	`StockholdersEquity`	$181.32M	USD	Point-in-time
Balance	`StockholdersEquity`	$181.32M	USD	Point-in-time
Balance	`StockholdersEquity`	$181.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$181.09M	USD	Point-in-time
Balance	`StockholdersEquity`	$168.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$168.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$164.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$164.29M	USD	Point-in-time

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