10-K Filing

U.S. CHINA MINING GROUP, INC. CIK: 1145761 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001214659-13-002031`
Period End Date	20121231
Filing Date	20130416
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	sgzh-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 46 Cash Flow Statement 73 Stockholders Equity 19

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Asset retirement obligation, deposit for mine restoration	`DepositOnAssetRetirementObligation`	$1.22M	USD	Point-in-time
Asset retirement obligation, deposit for mine restoration	`DepositOnAssetRetirementObligation`	$1.31M	USD	Point-in-time
Series A Preferred Stock, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A Preferred Stock, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash & equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.54M	USD	Point-in-time
Cash & equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.22M	USD	Point-in-time
Series A Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	8.00M	shares	Point-in-time
Series A Preferred Stock, shares authorized	`PreferredStockSharesAuthorized`	8.00M	shares	Point-in-time
Cash & equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.29M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$3.00M	USD	Point-in-time
Series A Preferred Stock, shares issued	`PreferredStockSharesIssued`	400,000.00	shares	Point-in-time
Series A Preferred Stock, shares issued	`PreferredStockSharesIssued`	400,000.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Series A Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	400,000.00	shares	Point-in-time
Series A Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	400,000.00	shares	Point-in-time
Series A Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	400,000.00	shares	Point-in-time
Series A Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	400,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.31M	USD	Point-in-time
Series A Preferred Stock, shares outstanding	`PreferredStockSharesOutstanding`	400,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Other receivables and prepaid expense	`PrepaidExpenseAndOtherAssetsCurrent`	$5.61K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other receivables and prepaid expense	`PrepaidExpenseAndOtherAssetsCurrent`	$242.91K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Taxes receivable	`IncomeTaxReceivable`	$200.19K	USD	Point-in-time
Taxes receivable	`IncomeTaxReceivable`	$631.35K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.85M	shares	Point-in-time
Deposit for coal trading	`DepositsAssetsCurrent`	$2.94M	USD	Point-in-time
Deposit for coal trading	`DepositsAssetsCurrent`	$2.09M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.85M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.85M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.85M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	6.93M	shares	Point-in-time
Inventory	`InventoryNet`	$915.87K	USD	Point-in-time
Inventory	`InventoryNet`	$515.37K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$53.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$43.76M	USD	Point-in-time
Deposits for mine acquisition	`DepositsAssetsNoncurrent`	$4.77M	USD	Point-in-time
Deposits for mine acquisition	`DepositsAssetsNoncurrent`	$4.76M	USD	Point-in-time
Goodwill	`Goodwill`	$26.18M	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Prepaid mining rights, net	`PrepaidMiningRightsNet`	$13.68M	USD	Point-in-time
Prepaid mining rights, net	`PrepaidMiningRightsNet`	$14.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.42M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.93M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$19.01M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$13.51M	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetNoncurrent`	$393.64K	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNetNoncurrent`	$688.38K	USD	Point-in-time
Asset retirement cost, net	`AssetRetirementCostNet`	$2.63M	USD	Point-in-time
Asset retirement cost, net	`AssetRetirementCostNet`	$2.43M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$75.13M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$54.00M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$97.76M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$129.04M	USD	Point-in-time
Unearned revenue	`DeferredRevenueCurrent`	$82.48K	USD	Point-in-time
Unearned revenue	`DeferredRevenueCurrent`	$527.24K	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesCurrent`	$3.17M	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesCurrent`	$1.18M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$3.62M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$1.56M	USD	Point-in-time
Loan payable	`ShortTermBorrowings`	-	USD	Point-in-time
Loan payable	`ShortTermBorrowings`	$3.00M	USD	Point-in-time
Warrant derivative liability	`DerivativeLiabilitiesCurrent`	$750.03K	USD	Point-in-time
Warrant derivative liability	`DerivativeLiabilitiesCurrent`	$1.85M	USD	Point-in-time
Advance from shareholder	`DueToOfficersOrStockholdersCurrent`	$2.00K	USD	Point-in-time
Advance from shareholder	`DueToOfficersOrStockholdersCurrent`	$2.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.12M	USD	Point-in-time
Asset retirement obligation, net of deposit for mine restoration of $1,306,059 in 2012 and $1,223,513 in 2011, respectively	`AssetRetirementObligationsNoncurrent`	$4.86M	USD	Point-in-time
Asset retirement obligation, net of deposit for mine restoration of $1,306,059 in 2012 and $1,223,513 in 2011, respectively	`AssetRetirementObligationsNoncurrent`	$4.69M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$4.86M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$4.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.49M	USD	Point-in-time
CONTINGENCIES AND COMMITMENTS	`CommitmentsAndContingencies`	-	USD	Point-in-time
CONTINGENCIES AND COMMITMENTS	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A Preferred Stock, $0.001 par value, 8,000,000 shares authorized, 400,000 shares issued and outstanding	`PreferredStockValue`	$400.00	USD	Point-in-time
Series A Preferred Stock, $0.001 par value, 8,000,000 shares authorized, 400,000 shares issued and outstanding	`PreferredStockValue`	$400.00	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized, 18,852,582 shares issued and outstanding in 2012 and 2011, respectively	`CommonStockValue`	$18.85K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized, 18,852,582 shares issued and outstanding in 2012 and 2011, respectively	`CommonStockValue`	$18.85K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$41.12M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$41.20M	USD	Point-in-time
Statutory reserves	`RetainedEarningsAppropriated`	$11.91M	USD	Point-in-time
Statutory reserves	`RetainedEarningsAppropriated`	$13.48M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.58M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$20.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsUnappropriated`	$53.62M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$95.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$85.28M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$116.23M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$97.76M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$129.04M	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$53.98M	USD	Annual
Net sales	`Revenues`	$30.91M	USD	Annual
Cost of goods sold	`CostOfRevenue`	$23.28M	USD	Annual
Cost of goods sold	`CostOfRevenue`	$35.09M	USD	Annual
Gross profit	`GrossProfit`	$7.63M	USD	Annual
Gross profit	`GrossProfit`	$18.89M	USD	Annual
Selling	`SellingExpense`	$5.74M	USD	Annual
Selling	`SellingExpense`	$3.52M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$9.32M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$7.43M	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	$26.18M	USD	Annual
Total operating expenses	`OperatingExpenses`	$39.35M	USD	Annual
Total operating expenses	`OperatingExpenses`	$12.84M	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$6.05M	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$-31.72M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$176.32K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$161.81K	USD	Annual
Interest expense	`InterestExpense`	$268.47K	USD	Annual
Interest expense	`InterestExpense`	$228.37K	USD	Annual
Financial expense	`OtherNonoperatingExpense`	$1.23K	USD	Annual
Financial expense	`OtherNonoperatingExpense`	$26.78K	USD	Annual
Non-operating income	`OtherNonoperatingIncomeExpense`	$-792.00	USD	Annual
Non-operating income	`OtherNonoperatingIncomeExpense`	-	USD	Annual
Warrant derivative income (expense)	`UnrealizedGainLossOnDerivatives`	$11.31M	USD	Annual
Warrant derivative income (expense)	`UnrealizedGainLossOnDerivatives`	$1.10M	USD	Annual
Total non-operating income, net	`NonoperatingIncomeExpense`	$11.23M	USD	Annual
Total non-operating income, net	`NonoperatingIncomeExpense`	$986.54K	USD	Annual
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-30.73M	USD	Annual
Income (loss) before income tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.28M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$2.03M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$503.06K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$15.24M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-31.24M	USD	Annual
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$195.90K	USD	Annual
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.11M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$19.35M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-31.04M	USD	Annual
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	18.85M	shares	Annual
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	18.79M	shares	Annual
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.19M	shares	Annual
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	18.85M	shares	Annual
Basic net earnings (loss) per share	`EarningsPerShareBasic`	$-1.66	USD	Annual
Basic net earnings (loss) per share	`EarningsPerShareBasic`	$0.81	USD	Annual
Diluted net earnings (loss) per share	`EarningsPerShareDiluted`	$0.79	USD	Annual
Diluted net earnings (loss) per share	`EarningsPerShareDiluted`	$-1.66	USD	Annual

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$15.24M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-31.24M	USD	Annual
Loss in disposal of fixed asset	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.31K	USD	Annual
Loss in disposal of fixed asset	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.90K	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	Annual
Goodwill impairment	`GoodwillImpairmentLoss`	$26.18M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.51M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.84M	USD	Annual
Changes in fair value of warrant derivative	`UnrealizedGainLossOnDerivatives`	$11.31M	USD	Annual
Changes in fair value of warrant derivative	`UnrealizedGainLossOnDerivatives`	$1.10M	USD	Annual
Accretion of interest on asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$223.67K	USD	Annual
Accretion of interest on asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$238.10K	USD	Annual
Stock warrants compensation	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	Annual
Stock warrants compensation	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$259.11K	USD	Annual
Stock option compensation	`StockOptionPlanExpense`	$266.59K	USD	Annual
Stock option compensation	`StockOptionPlanExpense`	$84.02K	USD	Annual
Changes in deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-292.51K	USD	Annual
Changes in deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-194.91K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.30M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.03M	USD	Annual
Other receivables, deposits and prepaid expense	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-613.63K	USD	Annual
Other receivables, deposits and prepaid expense	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.55M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-251.95K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-401.02K	USD	Annual
Deposit for mine restoration	`IncreaseDecreaseInDepositOtherAssets`	-	USD	Annual
Deposit for mine restoration	`IncreaseDecreaseInDepositOtherAssets`	$79.21K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.95M	USD	Annual
Unearned revenue	`IncreaseDecreaseInDeferredRevenue`	$331.45K	USD	Annual
Unearned revenue	`IncreaseDecreaseInDeferredRevenue`	$-444.15K	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-256.13K	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.99M	USD	Annual
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$1.62M	USD	Annual
Taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$-2.10M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$878.64K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.05M	USD	Annual
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$2.77M	USD	Annual
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-3.00M	USD	Annual
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$90.10K	USD	1 Quarter
Acquisition of property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.01M	USD	Annual
Acquisition of property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.05M	USD	Annual
Construction in progress	`PaymentsForConstructionInProcess`	$3.22M	USD	Annual
Construction in progress	`PaymentsForConstructionInProcess`	$6.89M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.22M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.72M	USD	Annual
Loan advance (repayment)	`ProceedsFromRepaymentsOfNotesPayable`	$3.00M	USD	Annual
Loan advance (repayment)	`ProceedsFromRepaymentsOfNotesPayable`	$-3.00M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$13.65M	USD	Point-in-time
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$13.65M	USD	Annual
Legal expense relating to private placement	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Legal expense relating to private placement	`PaymentsOfStockIssuanceCosts`	$117.61K	USD	Annual
Legal expense relating to private placement	`PaymentsOfStockIssuanceCosts`	$1.35M	USD	Point-in-time
Due to shareholders	`ProceedsFromShortTermRelatedPartyDebt`	$2.00K	USD	Annual
Due to shareholders	`ProceedsFromShortTermRelatedPartyDebt`	-	USD	Annual
Repayment to shareholder's advance	`RepaymentsOfShortTermRelatedPartyDebt`	-	USD	Annual
Repayment to shareholder's advance	`RepaymentsOfShortTermRelatedPartyDebt`	$2.80M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.73M	USD	Annual
EFFECT OF EXCHANGE RATE CHANGE ON CASH & EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.35M	USD	Annual
EFFECT OF EXCHANGE RATE CHANGE ON CASH & EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$90.45K	USD	Annual
NET DECREASE IN CASH & EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.25M	USD	Annual
NET DECREASE IN CASH & EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.68M	USD	Annual
CASH & CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$44.54M	USD	Point-in-time
CASH & CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$46.22M	USD	Point-in-time
CASH & CASH EQUIVALENTS, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$40.29M	USD	Point-in-time
CASH & EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$44.54M	USD	Point-in-time
CASH & EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$46.22M	USD	Point-in-time
CASH & EQUIVALENTS, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$40.29M	USD	Point-in-time
Income tax paid	`IncomeTaxesPaid`	$4.24M	USD	Annual
Income tax paid	`IncomeTaxesPaid`	$3.83M	USD	Annual
Interest paid	`InterestPaid`	$32.44K	USD	Annual
Interest paid	`InterestPaid`	$30.38K	USD	Annual

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$95.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$85.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$116.23M	USD	Point-in-time
Net income (loss) for the year	`NetIncomeLoss`	$15.24M	USD	Annual
Net income (loss) for the year	`NetIncomeLoss`	$-31.24M	USD	Annual
Sale of common stock in private placement	`StockIssuedDuringPeriodValueNewIssues`	$13.65M	USD	Annual
Fair value of warrants issued in equity offering	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$-13.15M	USD	Annual
Legal expense connection with the private placement	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$117.61K	USD	Annual
Forgiveness of shareholder's loan	`AdjustmentsToAdditionalPaidInCapitalOther`	$380.34K	USD	Annual
Stock options compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$266.59K	USD	Annual
Stock options compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$84.02K	USD	Annual
Transfer to statutory reserves	`StockholdersEquityOther`	-	USD	Annual
Transfer to statutory reserves	`StockholdersEquityOther`	-	USD	Annual
Warrants expense	`AdjustmentOfWarrantsGrantedForServices`	$259.11K	USD	Annual
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$195.90K	USD	Annual
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.11M	USD	Annual
Balance	`StockholdersEquity`	$95.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$85.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$116.23M	USD	Point-in-time

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