10-K Filing

IT TECH PACKAGING, INC. CIK: 1358190 FY 2024

Filing Information

Form Type	10-K
Accession Number	`0001213900-25-031072`
Period End Date	20241231
Filing Date	20250411
Fiscal Year	2024
Fiscal Period	FY
XBRL Instance	ea0236516-10k_ittech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 158 Income Statement 72 Cash Flow Statement 146 Stockholders Equity 28

Balance Sheet 158 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.74K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.74K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.11K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.11K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$881.88K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$881.88K	USD	Point-in-time
Consolidated VIE, liabilities (in Dollars)	`VariableInterestEntityConsolidatedCarryingAmountLiabilities1`	$16.98M	USD	Point-in-time
Consolidated VIE, liabilities (in Dollars)	`VariableInterestEntityConsolidatedCarryingAmountLiabilities1`	$16.98M	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`	$5.92M	USD	Point-in-time
Cash and bank balances	`Cash`	$5.92M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$472.98K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$472.98K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.03M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.03M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $53,111 and $11,745 as of December 31, 2024 and December 31, 2023, respectively)	`AccountsReceivableNetCurrent`	$575.53K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $53,111 and $11,745 as of December 31, 2024 and December 31, 2023, respectively)	`AccountsReceivableNetCurrent`	$575.53K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $53,111 and $11,745 as of December 31, 2024 and December 31, 2023, respectively)	`AccountsReceivableNetCurrent`	$287.58K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $53,111 and $11,745 as of December 31, 2024 and December 31, 2023, respectively)	`AccountsReceivableNetCurrent`	$287.58K	USD	Point-in-time
Inventories	`InventoryNet`	$3.56M	USD	Point-in-time
Inventories	`InventoryNet`	$3.56M	USD	Point-in-time
Inventories	`InventoryNet`	$2.35M	USD	Point-in-time
Inventories	`InventoryNet`	$2.35M	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`	$17.95M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.36M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$528.65K	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$528.65K	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$421.87K	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$421.87K	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$146.91M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$146.91M	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`	$1.75M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$1.75M	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`	$177.55M	USD	Point-in-time
Total Assets	`Assets`	$177.55M	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	`ShortTermBorrowings`	$4.45M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$4.45M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$423.57K	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$423.57K	USD	Point-in-time
Current portion of long-term loans	`LoansPayableCurrent`	$3.56M	USD	Point-in-time
Current portion of long-term loans	`LoansPayableCurrent`	$3.56M	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
Lease liability	`OperatingLeaseLiabilityCurrent`	$100.48K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$100.48K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$245.60K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$245.60K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.99K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.99K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.00	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$136.17K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$136.17K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$11.77K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$11.77K	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
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$207.51K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$207.51K	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$12.91M	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$12.91M	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$11.55M	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$11.55M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$80.91K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$80.91K	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`	$20.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.15M	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`	$1.11M	USD	Point-in-time
Long-term loans	`LongTermDebtNoncurrent`	$1.11M	USD	Point-in-time
Lease liability - non-current	`OperatingLeaseLiabilityNoncurrent`	$231.15K	USD	Point-in-time
Lease liability - non-current	`OperatingLeaseLiabilityNoncurrent`	$231.15K	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
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$5.65K	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$5.65K	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 $16,976,765 and $20,084,995 as of December 31, 2024 and 2023, respectively)	`Liabilities`	$26.41M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $16,976,765 and $20,084,995 as of December 31, 2024 and 2023, respectively)	`Liabilities`	$26.41M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $16,976,765 and $20,084,995 as of December 31, 2024 and 2023, respectively)	`Liabilities`	$21.50M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $16,976,765 and $20,084,995 as of December 31, 2024 and 2023, respectively)	`Liabilities`	$21.50M	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 December 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 December 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 December 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 December 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`	$-10.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.00M	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`	$73.79M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$73.79M	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`	$168.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$168.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$156.05M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$156.05M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$177.55M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$177.55M	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 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$86.55M	USD	Annual
Revenues	`Revenues`	$86.55M	USD	Annual
Revenues	`Revenues`	$75.84M	USD	Annual
Revenues	`Revenues`	$75.84M	USD	Annual
Cost of sales	`CostOfRevenue`	$85.55M	USD	Annual
Cost of sales	`CostOfRevenue`	$85.55M	USD	Annual
Cost of sales	`CostOfRevenue`	$69.15M	USD	Annual
Cost of sales	`CostOfRevenue`	$69.15M	USD	Annual
Gross Profit	`GrossProfit`	$6.69M	USD	Annual
Gross Profit	`GrossProfit`	$6.69M	USD	Annual
Gross Profit	`GrossProfit`	$999.88K	USD	Annual
Gross Profit	`GrossProfit`	$999.88K	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$14.80M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$14.80M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.08M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$9.08M	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-102.49K	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-102.49K	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-1.50M	USD	Annual
Loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-1.50M	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-9.58M	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-9.58M	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-8.21M	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-8.21M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$14.79K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$14.79K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$315.10K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$315.10K	USD	Annual
Interest expense	`InterestExpenseNonoperating`	$984.52K	USD	Annual
Interest expense	`InterestExpenseNonoperating`	$984.52K	USD	Annual
Interest expense	`InterestExpenseNonoperating`	$762.38K	USD	Annual
Interest expense	`InterestExpenseNonoperating`	$762.38K	USD	Annual
Gain (Loss) on derivative liability	`DerivativeGainLossOnDerivativeNet`	$-5.60K	USD	Annual
Gain (Loss) on derivative liability	`DerivativeGainLossOnDerivativeNet`	$-5.60K	USD	Annual
Gain (Loss) on derivative liability	`DerivativeGainLossOnDerivativeNet`	$646.23K	USD	Annual
Gain (Loss) on derivative liability	`DerivativeGainLossOnDerivativeNet`	$646.23K	USD	Annual
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.60M	USD	Annual
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.60M	USD	Annual
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.96M	USD	Annual
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.96M	USD	Annual
Income Tax (Expenses) Benefits	`IncomeTaxExpenseBenefit`	$346.95K	USD	Annual
Income Tax (Expenses) Benefits	`IncomeTaxExpenseBenefit`	$346.95K	USD	Annual
Income Tax (Expenses) Benefits	`IncomeTaxExpenseBenefit`	$879.19K	USD	Annual
Income Tax (Expenses) Benefits	`IncomeTaxExpenseBenefit`	$879.19K	USD	Annual
Net Loss	`NetIncomeLoss`	$-9.84M	USD	Annual
Net Loss	`NetIncomeLoss`	$-9.84M	USD	Annual
Net Loss	`NetIncomeLoss`	$-9.95M	USD	Annual
Net Loss	`NetIncomeLoss`	$-9.95M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.04M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.04M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.44M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.44M	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-12.99M	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-12.99M	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-12.29M	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-12.29M	USD	Annual
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.98	USD	Annual
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.98	USD	Annual
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.99	USD	Annual
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.99	USD	Annual
Diluted Losses per Share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.98	USD	Annual
Diluted Losses per Share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.98	USD	Annual
Diluted Losses per Share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.99	USD	Annual
Diluted Losses per Share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.99	USD	Annual
Outstanding Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	Annual
Outstanding Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	Annual
Outstanding Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	Annual
Outstanding Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	Annual
Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	Annual
Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	Annual
Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	Annual
Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	Annual

Cash Flow Statement 146 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-9.84M	USD	Annual
Net income	`NetIncomeLoss`	$-9.84M	USD	Annual
Net income	`NetIncomeLoss`	$-9.95M	USD	Annual
Net income	`NetIncomeLoss`	$-9.95M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$14.22M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$14.22M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$14.23M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$14.23M	USD	Annual
(Gain) Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$-5.60K	USD	Annual
(Gain) Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$-5.60K	USD	Annual
(Gain) Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$646.23K	USD	Annual
(Gain) Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$646.23K	USD	Annual
(Gain) Loss from disposal and impairment of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-102.49K	USD	Annual
(Gain) Loss from disposal and impairment of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-102.49K	USD	Annual
(Gain) Loss from disposal and impairment of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.61M	USD	Annual
(Gain) Loss from disposal and impairment of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.61M	USD	Annual
(Recovery from) for bad debts	`ProvisionForDoubtfulAccounts`	$34.19K	USD	Annual
(Recovery from) for bad debts	`ProvisionForDoubtfulAccounts`	$34.19K	USD	Annual
(Recovery from) for bad debts	`ProvisionForDoubtfulAccounts`	$911.23K	USD	Annual
(Recovery from) for bad debts	`ProvisionForDoubtfulAccounts`	$911.23K	USD	Annual
Allowances for inventories, net	`InventoryWriteDown`	$2.97K	USD	Annual
Allowances for inventories, net	`InventoryWriteDown`	$2.97K	USD	Annual
Allowances for inventories, net	`InventoryWriteDown`	$730.49K	USD	Annual
Allowances for inventories, net	`InventoryWriteDown`	$730.49K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-240.35K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-240.35K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-280.97K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-280.97K	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.09K	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.09K	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.32M	USD	Annual
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-9.32M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$736.27K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$736.27K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-432.19K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-432.19K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$50.00	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$50.00	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-4.97K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-4.97K	USD	Annual
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	$-123.62K	USD	Annual
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	$-123.62K	USD	Annual
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	$136.69K	USD	Annual
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	$136.69K	USD	Annual
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-38.21K	USD	Annual
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-38.21K	USD	Annual
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-478.02K	USD	Annual
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-478.02K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$74.91K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$74.91K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-27.11K	USD	Annual
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-27.11K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-382.59K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-382.59K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-596.70K	USD	Annual
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-596.70K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-412.50K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-412.50K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$81.72K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$81.72K	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$6.30M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$6.30M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$12.87M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$12.87M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.29M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.29M	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$329.61K	USD	Annual
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$329.61K	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$53.57K	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$53.57K	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.24M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.24M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-329.61K	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-329.61K	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	$727.43K	USD	Annual
Repayments of related party loans	`RepaymentsOfRelatedPartyDebt`	$727.43K	USD	Annual
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	$1.28M	USD	Annual
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	$1.28M	USD	Annual
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	$843.09K	USD	Annual
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	$843.09K	USD	Annual
Proceeds from long term loans	`ProceedsFromIssuanceOfLongTermDebt`	$3.77M	USD	Annual
Proceeds from long term loans	`ProceedsFromIssuanceOfLongTermDebt`	$3.77M	USD	Annual
Proceeds from long term loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long term loans	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$3.37M	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$3.37M	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$7.65M	USD	Annual
Repayment of bank loans	`RepaymentsOfBankDebt`	$7.65M	USD	Annual
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	Annual
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	Annual
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	$74.15K	USD	Annual
Payment of capital lease obligation	`RepaymentsOfDebtAndCapitalLeaseObligations`	$74.15K	USD	Annual
Loan to a related party (net)	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$7.09M	USD	Annual
Loan to a related party (net)	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$7.09M	USD	Annual
Loan to a related party (net)	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	Annual
Loan to a related party (net)	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	Annual
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.41M	USD	Annual
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.41M	USD	Annual
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.26M	USD	Annual
Net Cash (Used in) Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.26M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-174.84K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-174.84K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-154.51K	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-154.51K	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.56M	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.56M	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.13M	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.13M	USD	Annual
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$1.81M	USD	Annual
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$1.81M	USD	Annual
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$1.48M	USD	Annual
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$1.48M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$759.46K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$759.46K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$797.47K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$797.47K	USD	Annual
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`	$5.92M	USD	Point-in-time
Cash and bank balances	`Cash`	$5.92M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$472.98K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$472.98K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.03M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.03M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.39M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.52M	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`	$168.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$168.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$156.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$156.05M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.04M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.04M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.44M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.44M	USD	Annual
Net loss	`NetIncomeLoss`	$-9.84M	USD	Annual
Net loss	`NetIncomeLoss`	$-9.84M	USD	Annual
Net loss	`NetIncomeLoss`	$-9.95M	USD	Annual
Net loss	`NetIncomeLoss`	$-9.95M	USD	Annual
Balance	`StockholdersEquity`	$181.32M	USD	Point-in-time
Balance	`StockholdersEquity`	$181.32M	USD	Point-in-time
Balance	`StockholdersEquity`	$168.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$168.34M	USD	Point-in-time
Balance	`StockholdersEquity`	$156.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$156.05M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	10.07M	shares	Point-in-time

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