10-Q Filing

NANO MAGIC INC. CIK: 891417 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001493152-15-005512`
Period End Date	20150930
Filing Date	20151116
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	penc-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 108 Cash Flow Statement 72

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$254.43K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$190.10K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$464.74K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$100.37K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.03M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.02M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Accounts receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$10.84K	USD	Point-in-time
Accounts receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$38.25K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Inventory	`InventoryNet`	$1.56M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Inventory	`InventoryNet`	$1.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$250.44K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$200.08K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.29M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.80B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.69M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$930.39K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$850.85K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$239.34K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$200.87K	USD	Point-in-time
Other assets	`OtherAssets`	$41.84K	USD	Point-in-time
Other assets	`OtherAssets`	$40.09K	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$1.17M	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$1.13M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$4.43M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.86M	USD	Point-in-time
Bank revolving line of credit	`LinesOfCreditCurrent`	$773.34K	USD	Point-in-time
Bank revolving line of credit	`LinesOfCreditCurrent`	$1.13M	USD	Point-in-time
Current portion of notes payable	`ShortTermNonBankLoansAndNotesPayable`	-	USD	Point-in-time
Current portion of notes payable	`ShortTermNonBankLoansAndNotesPayable`	$74.38K	USD	Point-in-time
Convertible notes payable, net	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible notes payable, net	`ConvertibleNotesPayableCurrent`	$13.33K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.32M	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrent`	$14.07K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.01M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$964.59K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$26.41K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$28.79K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.57M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.21M	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$320.70K	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	-	USD	Point-in-time
Total Long-term Liabilities	`LiabilitiesNoncurrent`	-	USD	Point-in-time
Total Long-term Liabilities	`LiabilitiesNoncurrent`	$320.70K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.21M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.89M	USD	Point-in-time
Commitments and Contingencies (See Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (See Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.0001 par value, 20,000,000 shares authorized; No shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.0001 par value, 20,000,000 shares authorized; No shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.91M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-31.48K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.22M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.86M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.43M	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Sales revenue from related parties	`RevenueFromRelatedParties`	$40.81K	USD	1 Quarter
Sales revenue from related parties	`RevenueFromRelatedParties`	$147.86K	USD	3 Qtrs
Sales revenue from related parties	`RevenueFromRelatedParties`	$38.20K	USD	1 Quarter
Sales revenue from related parties	`RevenueFromRelatedParties`	$115.32K	USD	3 Qtrs
Products (including related party sales of $38,198 and $40,810 for the three months ended September 30, 2015 and 2014, respectively, and $115,316 and $147,862 for the nine months ended September 30, 2015 and 2014, respectively)	`SalesRevenueGoodsNet`	$1.67M	USD	1 Quarter
Products (including related party sales of $38,198 and $40,810 for the three months ended September 30, 2015 and 2014, respectively, and $115,316 and $147,862 for the nine months ended September 30, 2015 and 2014, respectively)	`SalesRevenueGoodsNet`	$5.97M	USD	3 Qtrs
Products (including related party sales of $38,198 and $40,810 for the three months ended September 30, 2015 and 2014, respectively, and $115,316 and $147,862 for the nine months ended September 30, 2015 and 2014, respectively)	`SalesRevenueGoodsNet`	$7.36M	USD	3 Qtrs
Products (including related party sales of $38,198 and $40,810 for the three months ended September 30, 2015 and 2014, respectively, and $115,316 and $147,862 for the nine months ended September 30, 2015 and 2014, respectively)	`SalesRevenueGoodsNet`	$1.72M	USD	1 Quarter
Research and development services	`ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned`	$233.41K	USD	3 Qtrs
Research and development services	`ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned`	$1.42M	USD	3 Qtrs
Research and development services	`ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned`	$233.41K	USD	1 Quarter
Research and development services	`ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned`	$336.55K	USD	1 Quarter
Total Revenues	`Revenues`	$1.95M	USD	1 Quarter
Total Revenues	`Revenues`	$7.59M	USD	3 Qtrs
Total Revenues	`Revenues`	$7.39M	USD	3 Qtrs
Total Revenues	`Revenues`	$2.01M	USD	1 Quarter
Products	`CostOfGoodsSoldProduct`	$1.01M	USD	1 Quarter
Products	`CostOfGoodsSoldProduct`	$3.49M	USD	3 Qtrs
Products	`CostOfGoodsSoldProduct`	$1.13M	USD	1 Quarter
Products	`CostOfGoodsSoldProduct`	$3.96M	USD	3 Qtrs
Research and development services	`ContractRevenueCost`	$210.56K	USD	3 Qtrs
Research and development services	`ContractRevenueCost`	$210.56K	USD	1 Quarter
Research and development services	`ContractRevenueCost`	$484.57K	USD	1 Quarter
Research and development services	`ContractRevenueCost`	$1.45M	USD	3 Qtrs
Total Cost of Revenues	`CostOfGoodsSold`	$4.94M	USD	3 Qtrs
Total Cost of Revenues	`CostOfGoodsSold`	$4.17M	USD	3 Qtrs
Total Cost of Revenues	`CostOfGoodsSold`	$1.34M	USD	1 Quarter
Total Cost of Revenues	`CostOfGoodsSold`	$1.49M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.45M	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$516.45K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$613.96K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$3.42M	USD	3 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$186.06K	USD	3 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$42.03K	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$214.60K	USD	3 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$83.49K	USD	1 Quarter
Salaries, wages and related benefits	`SalariesWagesAndOfficersCompensation`	$1.74M	USD	3 Qtrs
Salaries, wages and related benefits	`SalariesWagesAndOfficersCompensation`	$574.21K	USD	1 Quarter
Salaries, wages and related benefits	`SalariesWagesAndOfficersCompensation`	$554.81K	USD	1 Quarter
Salaries, wages and related benefits	`SalariesWagesAndOfficersCompensation`	$1.45M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$174.74K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$131.37K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$426.74K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$620.29K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$202.57K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$249.50K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$546.62K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$568.23K	USD	3 Qtrs
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$265.56K	USD	1 Quarter
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$748.47K	USD	3 Qtrs
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$622.09K	USD	3 Qtrs
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$234.90K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.26M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$3.87M	USD	3 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.25M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$3.25M	USD	3 Qtrs
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-648.72K	USD	1 Quarter
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$169.62K	USD	3 Qtrs
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-1.42M	USD	3 Qtrs
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-734.05K	USD	1 Quarter
Interest expenses	`InterestExpenseOther`	$1.81K	USD	1 Quarter
Interest expenses	`InterestExpenseOther`	$19.23K	USD	3 Qtrs
Interest expenses	`InterestExpenseOther`	$91.03K	USD	3 Qtrs
Interest expenses	`InterestExpenseOther`	$26.95K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.83K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$12.12K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$10.18K	USD	3 Qtrs
Total Other Income/(Expense)	`NonoperatingIncomeExpense`	$-19.23K	USD	3 Qtrs
Total Other Income/(Expense)	`NonoperatingIncomeExpense`	$-24.12K	USD	1 Quarter
Total Other Income/(Expense)	`NonoperatingIncomeExpense`	$10.32K	USD	1 Quarter
Total Other Income/(Expense)	`NonoperatingIncomeExpense`	$-80.85K	USD	3 Qtrs
(Loss) Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$150.39K	USD	3 Qtrs
(Loss) Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.50M	USD	3 Qtrs
(Loss) Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-638.40K	USD	1 Quarter
(Loss) Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-758.17K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$55.90K	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-159.73K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-1.06K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$20.17K	USD	3 Qtrs
NET (LOSS) INCOME	`ProfitLoss`	$94.49K	USD	3 Qtrs
NET (LOSS) INCOME	`ProfitLoss`	$-757.11K	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-478.68K	USD	1 Quarter
NET (LOSS) INCOME	`ProfitLoss`	$-1.53M	USD	3 Qtrs
Net (Income) Loss attributable to former non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-29.79K	USD	1 Quarter
Net (Income) Loss attributable to former non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$53.42K	USD	3 Qtrs
Net (Income) Loss attributable to former non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net (Income) Loss attributable to former non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
NET (LOSS) INCOME ATTRIBUTABLE TO PEN INC.	`NetIncomeLoss`	$-1.53M	USD	3 Qtrs
NET (LOSS) INCOME ATTRIBUTABLE TO PEN INC.	`NetIncomeLoss`	$41.07K	USD	3 Qtrs
NET (LOSS) INCOME ATTRIBUTABLE TO PEN INC.	`NetIncomeLoss`	$-757.11K	USD	1 Quarter
NET (LOSS) INCOME ATTRIBUTABLE TO PEN INC.	`NetIncomeLoss`	$-448.89K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	401.18M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	535.11M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	351.10M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	535.65M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	401.18M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	351.10M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.11M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	535.65M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$94.49K	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$-757.11K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-478.68K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-1.53M	USD	3 Qtrs
Change in inventory obsolescence reserve	`InventoryWriteDown`	$-6.65K	USD	3 Qtrs
Change in inventory obsolescence reserve	`InventoryWriteDown`	$26.54K	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$190.72K	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$171.50K	USD	3 Qtrs
Amortization of deferred lease incentives	`AmortizationOfLeaseIncentives`	$-9.62K	USD	3 Qtrs
Amortization of deferred lease incentives	`AmortizationOfLeaseIncentives`	$-3.21K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$103.09K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$137.93K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-713.60K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-15.88K	USD	3 Qtrs
Accounts receivable related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-8.11K	USD	3 Qtrs
Accounts receivable related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-27.40K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-202.03K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-343.70K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$48.62K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$230.56K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-104.01K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-179.69K	USD	3 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$14.07K	USD	3 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$210.35K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$101.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	$50.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedTaxesPayable`	-	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-25.60K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-2.38K	USD	3 Qtrs
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-749.89K	USD	3 Qtrs
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$1.02M	USD	3 Qtrs
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	-	USD	3 Qtrs
Cash acquired in acquisition	`CashAcquiredFromAcquisition`	$48.12K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$144.04K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$231.80K	USD	3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-95.92K	USD	3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-231.80K	USD	3 Qtrs
Proceeds from bank line of credit	`ProceedsFromLinesOfCredit`	$6.21M	USD	3 Qtrs
Proceeds from bank line of credit	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Repayment of bank lines of credit	`RepaymentsOfLinesOfCredit`	$774.92K	USD	3 Qtrs
Repayment of bank lines of credit	`RepaymentsOfLinesOfCredit`	$5.86M	USD	3 Qtrs
Proceeds from bank loan	`ProceedsFromBankDebt`	$371.90K	USD	3 Qtrs
Proceeds from bank loan	`ProceedsFromBankDebt`	-	USD	3 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	$18.59K	USD	3 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	-	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-774.92K	USD	3 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$707.05K	USD	3 Qtrs
NET (DECREASE) INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-274.63K	USD	3 Qtrs
NET (DECREASE) INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$154.06K	USD	3 Qtrs
CASH, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$254.43K	USD	Point-in-time
CASH, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$190.10K	USD	Point-in-time
CASH, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$464.74K	USD	Point-in-time
CASH, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$100.37K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$254.43K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$190.10K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$464.74K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.37K	USD	Point-in-time
Interest	`InterestPaid`	$91.03K	USD	3 Qtrs
Interest	`InterestPaid`	$19.23K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$4.94K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Liabilities assumed in share exchange	`LiabilitiesAssumed1`	-	USD	3 Qtrs
Liabilities assumed in share exchange	`LiabilitiesAssumed1`	$1.69M	USD	3 Qtrs
Less: assets acquired in share exchange	`LessAssetsAcquiredInSharesExchange`	$496.69K	USD	3 Qtrs
Less: assets acquired in share exchange	`LessAssetsAcquiredInSharesExchange`	-	USD	3 Qtrs
Net liabilities assumes	`NetLiabilitieAssumes`	-	USD	3 Qtrs
Net liabilities assumes	`NetLiabilitieAssumes`	$1.19M	USD	3 Qtrs
Fair value of shares exchanged	`FairValueOfShareExchanged`	-	USD	3 Qtrs
Fair value of shares exchanged	`FairValueOfShareExchanged`	$1.24M	USD	3 Qtrs
Increase in intangible assets	`IncreaseDecreaseInIntangibleAssets`	-	USD	3 Qtrs
Increase in intangible assets	`IncreaseDecreaseInIntangibleAssets`	$2.43M	USD	3 Qtrs

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