10-Q Filing

IT TECH PACKAGING, INC. CIK: 1358190 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001213900-25-041500`
Period End Date	20250331
Filing Date	20250509
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	ea0241365-10q_ittech_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 164 Income Statement 68 Cash Flow Statement 136 Stockholders Equity 24

Balance Sheet 164 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$90.73K	USD	Point-in-time
Allowance for doubtful accounts (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$90.73K	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
Cash and bank balances	`Cash`	$4.51M	USD	Point-in-time
Cash and bank balances	`Cash`	$4.51M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and bank balances	`Cash`	$4.03M	USD	Point-in-time
Cash and bank balances	`Cash`	$4.03M	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, 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
Restricted cash	`RestrictedCashCurrent`	$903.54K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$903.54K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.04M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.04M	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
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 $90,730 and $53,111 as of March 31, 2025 and December 31, 2024, respectively)	`AccountsReceivableNetCurrent`	$287.58K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $90,730 and $53,111 as of March 31, 2025 and December 31, 2024, respectively)	`AccountsReceivableNetCurrent`	$287.58K	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
Accounts receivable (net of allowance for doubtful accounts of $90,730 and $53,111 as of March 31, 2025 and December 31, 2024, respectively)	`AccountsReceivableNetCurrent`	$2.13M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $90,730 and $53,111 as of March 31, 2025 and December 31, 2024, respectively)	`AccountsReceivableNetCurrent`	$2.13M	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
Inventories	`InventoryNet`	$2.35M	USD	Point-in-time
Inventories	`InventoryNet`	$2.35M	USD	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
Inventories	`InventoryNet`	$4.64M	USD	Point-in-time
Inventories	`InventoryNet`	$4.64M	USD	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
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.95M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.95M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.74M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$29.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$29.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.46M	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`	$8.36K	USD	Point-in-time
Prepayment on property, plant and equipment	`PrepaidExpenseNoncurrent`	$8.36K	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
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$396.42K	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$396.42K	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$143.58M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$143.58M	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
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`	$1.72M	USD	Point-in-time
Value-added tax recoverable	`ValueAddedTaxReceivableNoncurrent`	$1.72M	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`	$175.20M	USD	Point-in-time
Total Assets	`Assets`	$175.20M	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`	$177.55M	USD	Point-in-time
Total Assets	`Assets`	$177.55M	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`	$5.04M	USD	Point-in-time
Short-term bank loans	`ShortTermBorrowings`	$5.04M	USD	Point-in-time
Current portion of long-term loans	`LongTermDebtCurrent`	$3.56M	USD	Point-in-time
Current portion of long-term loans	`LongTermDebtCurrent`	$3.56M	USD	Point-in-time
Current portion of long-term loans	`LongTermDebtCurrent`	$3.56M	USD	Point-in-time
Current portion of long-term loans	`LongTermDebtCurrent`	$3.56M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$245.60K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$245.60K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$108.60K	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityCurrent`	$108.60K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	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	`ContractWithCustomerLiabilityCurrent`	$11.79K	USD	Point-in-time
Advance from customers	`ContractWithCustomerLiabilityCurrent`	$11.79K	USD	Point-in-time
Advance from customers	`ContractWithCustomerLiabilityCurrent`	$11.77K	USD	Point-in-time
Advance from customers	`ContractWithCustomerLiabilityCurrent`	$11.77K	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
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$327.02K	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$327.02K	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
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$11.82M	USD	Point-in-time
Other payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$11.82M	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`	$20.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.93M	USD	Point-in-time
Long-term loans	`LongTermDebtNoncurrent`	$1.11M	USD	Point-in-time
Long-term loans	`LongTermDebtNoncurrent`	$1.11M	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`	$377.60K	USD	Point-in-time
Lease liability - non-current	`OperatingLeaseLiabilityNoncurrent`	$377.60K	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`	$1.10K	USD	Point-in-time
Derivative liability	`DerivativeLiabilitiesNoncurrent`	$1.10K	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $17,753,460 and $16,976,765 as of March 31, 2025 and December 31, 2024, respectively)	`Liabilities`	$21.50M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $17,753,460 and $16,976,765 as of March 31, 2025 and December 31, 2024, respectively)	`Liabilities`	$21.50M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $17,753,460 and $16,976,765 as of March 31, 2025 and December 31, 2024, respectively)	`Liabilities`	$22.43M	USD	Point-in-time
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $17,753,460 and $16,976,765 as of March 31, 2025 and December 31, 2024, respectively)	`Liabilities`	$22.43M	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, 2025 and December, 31, 2024.	`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, 2025 and December, 31, 2024.	`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, 2025 and December, 31, 2024.	`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, 2025 and December, 31, 2024.	`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`	$-12.77M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.77M	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`	$70.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$70.28M	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`	$152.78M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$152.78M	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 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`	$175.20M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$175.20M	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

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$10.90M	USD	1 Quarter
Revenues	`Revenues`	$10.90M	USD	1 Quarter
Revenues	`Revenues`	$6.86M	USD	1 Quarter
Revenues	`Revenues`	$6.86M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$10.81M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$10.81M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$6.46M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$6.46M	USD	1 Quarter
Gross Profit	`GrossProfit`	$84.09K	USD	1 Quarter
Gross Profit	`GrossProfit`	$84.09K	USD	1 Quarter
Gross Profit	`GrossProfit`	$399.11K	USD	1 Quarter
Gross Profit	`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`	$3.46M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.46M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-3.50M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-3.50M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-3.38M	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-3.38M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.74K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.74K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.18K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.18K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$132.85K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$132.85K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$210.29K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$210.29K	USD	1 Quarter
Gain on derivative liability	`DerivativeGainLossOnDerivativeNet`	$34.00	USD	1 Quarter
Gain on derivative liability	`DerivativeGainLossOnDerivativeNet`	$34.00	USD	1 Quarter
Gain on derivative liability	`DerivativeGainLossOnDerivativeNet`	$4.55K	USD	1 Quarter
Gain on derivative liability	`DerivativeGainLossOnDerivativeNet`	$4.55K	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`	$-3.50M	USD	1 Quarter
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.50M	USD	1 Quarter
Income Tax (Expenses) Benefits	`IncomeTaxExpenseBenefit`	$36.79K	USD	1 Quarter
Income Tax (Expenses) Benefits	`IncomeTaxExpenseBenefit`	$36.79K	USD	1 Quarter
Income Tax (Expenses) Benefits	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income Tax (Expenses) Benefits	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-3.50M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-3.50M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-301.62K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-301.62K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$230.45K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$230.45K	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`	$-3.27M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-3.27M	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`	$-0.35	USD	1 Quarter
Basic Losses per Share (in Dollars per share)	`EarningsPerShareBasic`	$-0.35	USD	1 Quarter
Diluted Losses per Share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.35	USD	1 Quarter
Diluted Losses per Share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.35	USD	1 Quarter
Diluted Losses per Share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.37	USD	1 Quarter
Diluted Losses per Share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.37	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
Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	1 Quarter
Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	1 Quarter
Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	1 Quarter
Outstanding Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.07M	shares	1 Quarter

Cash Flow Statement 136 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-3.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-3.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.55M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.55M	USD	1 Quarter
(Gain) Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$34.00	USD	1 Quarter
(Gain) Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$34.00	USD	1 Quarter
(Gain) Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$4.55K	USD	1 Quarter
(Gain) Loss on derivative liability	`DerivativeGainLossOnDerivativeNet`	$4.55K	USD	1 Quarter
Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$36.94K	USD	1 Quarter
Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$36.94K	USD	1 Quarter
Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$37.57K	USD	1 Quarter
Allowance for bad debts	`ProvisionForDoubtfulAccounts`	$37.57K	USD	1 Quarter
Allowances for inventories, net	`AllowancesForInventoriesNet`	$2.95K	USD	1 Quarter
Allowances for inventories, net	`AllowancesForInventoriesNet`	$2.95K	USD	1 Quarter
Allowances for inventories, net	`AllowancesForInventoriesNet`	$31.45K	USD	1 Quarter
Allowances for inventories, net	`AllowancesForInventoriesNet`	$31.45K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.85M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.85M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.88M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.88M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.26M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.26M	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
Inventories	`IncreaseDecreaseInInventories`	$2.26M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$2.26M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-59.61K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-59.61K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.00	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.00	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$236.60K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$236.60K	USD	1 Quarter
Advance from customers	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	1 Quarter
Advance from customers	`IncreaseDecreaseInContractWithCustomerLiability`	-	USD	1 Quarter
Advance from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$-25.12K	USD	1 Quarter
Advance from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$-25.12K	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`	$19.76K	USD	1 Quarter
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$19.76K	USD	1 Quarter
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-187.48K	USD	1 Quarter
Related parties	`IncreaseDecreaseInDueToRelatedParties`	$-187.48K	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
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$119.29K	USD	1 Quarter
Accrued payroll and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$119.29K	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.02M	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.02M	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$294.78K	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$294.78K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-81.07K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-81.07K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Net Cash (Used in) Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$624.42K	USD	1 Quarter
Net Cash (Used in) Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$624.42K	USD	1 Quarter
Net Cash (Used in) Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.47M	USD	1 Quarter
Net Cash (Used in) Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.47M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.36K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.36K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.03K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.03K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.36K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.36K	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`	$585.46K	USD	1 Quarter
Proceeds from short term bank loans	`ProceedsFromShortTermDebt`	$585.46K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$585.46K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$585.46K	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
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`	$17.67K	USD	1 Quarter
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.67K	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.03M	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.03M	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.88M	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.88M	USD	1 Quarter
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 - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.07M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.07M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	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 - 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, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.07M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.07M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash - End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.95M	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 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`	$120.37K	USD	1 Quarter
Cash paid for interest, net of capitalized interest cost	`InterestPaidNet`	$120.37K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$81.07K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$81.07K	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 and bank balances	`Cash`	$4.51M	USD	Point-in-time
Cash and bank balances	`Cash`	$4.51M	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
Cash and bank balances	`Cash`	$4.03M	USD	Point-in-time
Cash and bank balances	`Cash`	$4.03M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$903.54K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$903.54K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.04M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.04M	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`	$5.07M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.07M	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`	$5.42M	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.42M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$152.78M	USD	Point-in-time
Balance	`StockholdersEquity`	$152.78M	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
Balance	`StockholdersEquity`	$156.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$156.05M	USD	Point-in-time
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-301.62K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-301.62K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$230.45K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$230.45K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.75M	USD	1 Quarter
Balance	`StockholdersEquity`	$152.78M	USD	Point-in-time
Balance	`StockholdersEquity`	$152.78M	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
Balance	`StockholdersEquity`	$156.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$156.05M	USD	Point-in-time

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