10-K Filing

DBUB GROUP, INC CIK: 1076784 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001607062-18-000131`
Period End Date	20171231
Filing Date	20180417
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	yosn-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 6 Cash Flow Statement 58 Stockholders Equity 23

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
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 authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.27M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$738.61K	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.85K	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.05K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	11.06M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$50.87K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.06M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	11.27M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$94.47K	USD	Point-in-time
Inventories	`InventoryNet`	$388.61K	USD	Point-in-time
Inventories	`InventoryNet`	$1.27M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$149.53K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$358.43K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$419.11K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$592.30K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.41M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$156.97K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$501.62K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$12.60K	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$23.69K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$319.69K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$164.93K	USD	Point-in-time
Total assets	`Assets`	$3.09M	USD	Point-in-time
Total assets	`Assets`	$1.58M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.80M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$323.98K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.00M	USD	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$854.29K	USD	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$769.70K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$167.69K	USD	Point-in-time
Advance from customers	`CustomerAdvancesCurrent`	$106.29K	USD	Point-in-time
Advance from related party	`AdvanceFromRelatedParty`	$-160.61K	USD	Point-in-time
Advance from related party	`AdvanceFromRelatedParty`	$-823.74K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$832.31K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$636.98K	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$5.69M	USD	Point-in-time
Total Liabilities	`LiabilitiesCurrent`	$5.74M	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 11,267,918 and 11,057,918 issued and outstanding as of December 31, 2017 and 2016	`CommonStockValue`	$11.27K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 11,267,918 and 11,057,918 issued and outstanding as of December 31, 2017 and 2016	`CommonStockValue`	$11.06K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$28.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$28.44M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$11.54M	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$11.54M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.95M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$8.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-51.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-50.84M	USD	Point-in-time
Total Yosen Group's stockholders' deficit	`TotalYosenGroupsStockholdersDeficit`	$-2.76M	USD	Point-in-time
Total Yosen Group's stockholders' deficit	`TotalYosenGroupsStockholdersDeficit`	$-4.08M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$163.83K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-81.30K	USD	Point-in-time
Accumulated deficit	`StockholdersEquity`	$-2.60M	USD	Point-in-time
Accumulated deficit	`StockholdersEquity`	$-4.16M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$1.58M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.09M	USD	Point-in-time

Income Statement 6 line items

Line Item	Tag	Value	Unit	Period
Other income	`OtherIncome`	$8.78K	USD	Annual
Other income	`OtherIncome`	$129.26K	USD	Annual
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-308.24K	USD	Annual
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-254.27K	USD	Annual
Net loss attributable to Yosen Group	`NetIncomeLoss`	$-1.14M	USD	Annual
Net loss attributable to Yosen Group	`NetIncomeLoss`	$-1.51M	USD	Annual

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net loss including noncontrolling interest	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-1.39M	USD	Annual
Net loss including noncontrolling interest	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-1.82M	USD	Annual
Depreciation	`Depreciation`	$64.75K	USD	Annual
Depreciation	`Depreciation`	$40.92K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$462.50K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$158.67K	USD	Annual
Gain on disposal of subsidiary	`GainOnDisposalOfSubsidiary`	-	USD	Annual
Gain on disposal of subsidiary	`GainOnDisposalOfSubsidiary`	$-3.51K	USD	Annual
Gain on relief of accounts payable	`GainFromReliefOfAccountsPayable`	-	USD	Annual
Gain on relief of accounts payable	`GainFromReliefOfAccountsPayable`	$-126.01K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$38.67K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-169.60K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$590.87K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-935.40K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-230.36K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-285.39K	USD	Annual
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-350.56K	USD	Annual
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-224.32K	USD	Annual
Other noncurrent asset	`IncreaseDecreaseInOtherNoncurrentAssets`	$169.45K	USD	Annual
Other noncurrent asset	`IncreaseDecreaseInOtherNoncurrentAssets`	$-179.39K	USD	Annual
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$-586.35K	USD	Annual
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$633.53K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilities`	$38.77K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilities`	$95.07K	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-69.97K	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$128.13K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$7.64K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-179.21K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-386.24K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.05M	USD	Annual
Sale (Purchase) of property and equipment	`PurchaseOfPropertyAndEquipment`	$31.89K	USD	Annual
Sale (Purchase) of property and equipment	`PurchaseOfPropertyAndEquipment`	$-186.06K	USD	Annual
Construction in progress	`ConstructionInProgress`	$-29.35K	USD	Annual
Construction in progress	`ConstructionInProgress`	$-342.95K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-529.01K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.54K	USD	Annual
Proceeds (repayment of) from short-term loans	`ProceedsFromSubordinatedShortTermDebt1`	$376.33K	USD	Annual
Proceeds (repayment of) from short-term loans	`ProceedsFromSubordinatedShortTermDebt1`	$-342.25K	USD	Annual
Proceeds from equity financing	`ProceedsFromIssuanceOfCommonStock`	$18.59K	USD	Annual
Proceeds from equity financing	`ProceedsFromIssuanceOfCommonStock`	$323.38K	USD	Annual
Advance from related party	`AdvanceToFromRelatedParty`	$255.58K	USD	Annual
Advance from related party	`AdvanceToFromRelatedParty`	$627.97K	USD	Annual
Net cash provided (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$304.31K	USD	Annual
Net cash provided (used in) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$955.29K	USD	Annual
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$25.36K	USD	Annual
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-33.41K	USD	Annual
Net decrease in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-112.80K	USD	Annual
Net decrease in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-602.37K	USD	Annual
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$738.61K	USD	Point-in-time
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$135.85K	USD	Point-in-time
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$23.05K	USD	Point-in-time
Cash and equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$738.61K	USD	Point-in-time
Cash and equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$135.85K	USD	Point-in-time
Cash and equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$23.05K	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Interest paid	`InterestPaidNet`	$237.21K	USD	Annual
Interest paid	`InterestPaidNet`	$169.80K	USD	Annual

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Shares	`CommonStockSharesOutstanding`	11.06M	shares	Point-in-time
Beginning Balance, Shares	`CommonStockSharesOutstanding`	11.27M	shares	Point-in-time
Beginning Balance, Amount	`StockholdersEquityDeficit`	$-2.60M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityDeficit`	$-1.67M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquityDeficit`	$-4.16M	USD	Point-in-time
Foreign currency translation adjustments	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$160.91K	USD	Annual
Foreign currency translation adjustments	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-256.06K	USD	Annual
Issuance of common stock for financing, Amount	`StockIssuedDuringPeriodValueOther`	$323.38K	USD	Annual
Issuance of common stock for financing, Amount	`StockIssuedDuringPeriodValueOther`	$11.54K	USD	Annual
Issuance of common stock for warrants exercise, Amount	`IssuanceOfCommonStockForWarrantsExerciseAmount`	$402.50K	USD	Annual
Stock compensation	`StockCompensation`	$-1.51M	USD	Annual
Deferred stock compensation, amount	`DeferredStockCompensationAmount`	$73.50K	USD	Annual
Disposal of subsidiary	`GainLossOnDispositionOfAssets1`	$-2.39K	USD	Annual
Net loss attributable to Yosen Group	`NetLossAttributableToYosenGroup`	$-1.14M	USD	Annual
Noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-308.24K	USD	Annual
Noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-254.27K	USD	Annual
Net loss	`NetIncomeLossAttributableToNoncontrollingInterest`	$-308.24K	USD	Annual
Net loss	`NetIncomeLossAttributableToNoncontrollingInterest`	$-254.27K	USD	Annual
Ending Balance, Shares	`CommonStockSharesOutstanding`	11.06M	shares	Point-in-time
Ending Balance, Shares	`CommonStockSharesOutstanding`	11.27M	shares	Point-in-time
Ending Balance, Amount	`StockholdersEquityDeficit`	$-2.60M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquityDeficit`	$-1.67M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquityDeficit`	$-4.16M	USD	Point-in-time

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