$ABTS
Abits Group Inc Stock $abts

$abts Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 20-F Financial Statement

#000149315223017509 Filed on May 15, 2023

Income Statement

Concept	2022 Q4	2022
Revenue	$124.0K	$164.4K
YoY Change	5177.02%	-25.03%
Cost Of Revenue	$445.9K	$461.3K
YoY Change
Gross Profit	-$321.9K	-$296.9K
YoY Change		-235.35%
Gross Profit Margin	-259.58%	-180.54%
Selling, General & Admin	$18.10M	$18.89M
YoY Change	2801.84%	512.12%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$6.265M	$6.265M
YoY Change
% of Gross Profit
Operating Expenses	$17.94M	$18.89M
YoY Change	2775.95%	512.12%
Operating Profit	-$18.26M	-$19.26M
YoY Change		571.99%
Interest Expense	-$617.6K	-$617.6K
YoY Change	-9950.72%	1021.55%
% of Operating Profit
Other Income/Expense, Net	-$1.667M	-$1.667M
YoY Change	1406.66%	-1019.07%
Pretax Income	-$21.62M	-$22.54M
YoY Change	2879.18%	722.84%
Income Tax
% Of Pretax Income
Net Earnings	-$21.62M	-$22.54M
YoY Change	2879.18%	722.84%
Net Earnings / Revenue	-17436.19%	-13710.98%
Basic Earnings Per Share		-$0.66
Diluted Earnings Per Share	-$0.66	-$0.66
COMMON SHARES
Basic Shares Outstanding	35.55M shares	34.22M shares
Diluted Shares Outstanding		34.22M shares

Balance Sheet

Concept	2022 Q4	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.505M	$2.505M
YoY Change	-0.08%	-0.08%
Cash & Equivalents	$2.505M	$2.505M
Short-Term Investments
Other Short-Term Assets	$7.088M
YoY Change	41.75%
Inventory
Prepaid Expenses
Receivables		$0.00
Other Receivables	$2.385M	$2.385M
Total Short-Term Assets	$4.890M	$4.890M
YoY Change	78.67%	78.67%
LONG-TERM ASSETS
Property, Plant & Equipment	$12.55M	$19.64M
YoY Change		292.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$7.088M
YoY Change		41.76%
Other Assets
YoY Change
Total Long-Term Assets	$19.64M	$19.64M
YoY Change	292.82%	292.82%
TOTAL ASSETS
Total Short-Term Assets	$4.890M	$4.890M
Total Long-Term Assets	$19.64M	$19.64M
Total Assets	$24.53M	$24.53M
YoY Change	217.06%	217.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$613.5K	$613.5K
YoY Change	41.1%	41.1%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$613.5K	$613.5K
YoY Change	-47.57%	-47.57%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$613.5K	$613.5K
Total Long-Term Liabilities	$0.00	$0.00
Total Liabilities	$613.5K	$613.5K
YoY Change	-47.57%	-47.57%
SHAREHOLDERS EQUITY
Retained Earnings	-$66.33M
YoY Change	51.49%
Common Stock	$35.55K
YoY Change	81.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$23.92M	$23.92M
YoY Change
Total Liabilities & Shareholders Equity	$24.53M	$24.53M
YoY Change	217.06%	217.06%

Cashflow Statement

Concept	2022 Q4	2022 Q1	2022
OPERATING ACTIVITIES
Net Income	-$21.62M		-$22.54M
YoY Change	2879.18%		722.84%
Depreciation, Depletion And Amortization	$6.265M		$6.265M
YoY Change
Cash From Operating Activities	$29.10M		$7.199M
YoY Change	-24231.27%		553.03%
INVESTING ACTIVITIES
Capital Expenditures	$32.71M		$32.71M
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$32.71M		-$32.71M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$40.00M	$40.00M
YoY Change		738.57%	904.06%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000		$40.00M
YoY Change	-100.0%		1012.24%
NET CHANGE
Cash From Operating Activities	29.10M		$7.199M
Cash From Investing Activities	-32.71M		-$32.71M
Cash From Financing Activities	0.000		$40.00M
Net Change In Cash	-3.610M		$2.118K
YoY Change	288.18%		-99.91%
FREE CASH FLOW
Cash From Operating Activities	$29.10M		$7.199M
Capital Expenditures	$32.71M		$32.71M
Free Cash Flow	-$3.610M		-$25.51M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
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CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent		usd
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CY2021	us-gaap	Cost Of Revenue CostOfRevenue		usd
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CY2021	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense		usd
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CY2022	us-gaap	Other Income OtherIncome		usd
CY2022	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax		usd
CY2021	us-gaap	Depreciation Depreciation		usd
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CY2022	dei	Document Type DocumentType	20-F
CY2022	dei	Document Registration Statement DocumentRegistrationStatement	false
CY2022	dei	Document Annual Report DocumentAnnualReport	false
CY2022	dei	Document Transition Report DocumentTransitionReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Shell Company Report DocumentShellCompanyReport	false
CY2022	dei	Entity File Number EntityFileNumber	333-256665
CY2022	dei	Entity Registrant Name EntityRegistrantName	MOXIAN (BVI) INC
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	D8
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	Room 1202
CY2022	dei	Entity Address Address Line2 EntityAddressAddressLine2	Block B, Jiahui Center
CY2022	dei	Entity Address Address Line3 EntityAddressAddressLine3	6 Jiqing Li, Chaoyangmenwai Street
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Chaoyang District
CY2022	dei	Entity Address Country EntityAddressCountry	CN
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	100020
CY2022	dei	Security12g Title Security12gTitle	Ordinary shares, par value $0.001 per share
CY2022	dei	Trading Symbol TradingSymbol	MOXC
CY2022	dei	Security Exchange Name SecurityExchangeName	NASDAQ
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CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
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CY2022	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2022	dei	Document Accounting Standard DocumentAccountingStandard	U.S. GAAP
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2022	dei	Auditor Firm AuditorFirmId	3487
CY2022	dei	Auditor Name AuditorName	Audit Alliance LLP
CY2022	dei	Auditor Location AuditorLocation	Singapore
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CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1170096	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	5050	usd
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	5050	usd
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CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	920218	usd
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CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	164428	usd
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CY2021	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1181916	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-19260227	usd
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CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1666824	usd
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CY2022	MOXC	Writeoff Of Investment Associated With Divestment WriteoffOfInvestmentAssociatedWithDivestment	1000001	usd
CY2021	us-gaap	Other Income OtherIncome	126290	usd
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CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2155268	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-46830	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	556641	usd
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CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7198718	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1102362	usd
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CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_840_eus-gaap--UseOfEstimates_znAlPaaM7qp3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86F_zcF8zDi28sB5">Use of estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the accompanying consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates required to be made by management include but not limited to, useful lives of property and equipment, provision for doubtful accounts, intangible assets valuation, inventory valuation, value added recoverable valuation and deferred tax assets valuation. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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CY2022	MOXC	Mining Income MiningIncome	87747	usd
CY2022	MOXC	Digital Assets Net DigitalAssetsNet	7087747	usd
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CY2022Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	2.50
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	40000000	usd
CY2022	us-gaap	Gain Loss On Sale Of Interest In Projects GainLossOnSaleOfInterestInProjects	617641	usd
CY2022	MOXC	Investment Owned At Cost Write Off InvestmentOwnedAtCostWriteOff	1001001	usd
CY2022	MOXC	Gain Loss On Associated From Divestment In Subsidiary GainLossOnAssociatedFromDivestmentInSubsidiary	1617642	usd
CY2017Q4	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits EffectiveIncomeTaxRateReconciliationTaxCredits	0.35	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits EffectiveIncomeTaxRateReconciliationTaxCredits	0.21	pure
CY2022	us-gaap	Income Tax Examination Description IncomeTaxExaminationDescription	As the Company has a September 30 fiscal year-end, the lower corporate income tax rate will be phased in, resulting in a U.S. statutory federal rate of approximately 24.5% for our fiscal year ending September 30, 2018, and 21% for subsequent fiscal years. Accordingly, we have to remeasure our deferred tax assets on net operating loss carryforward in the U.S. at the lower enacted cooperated tax rate of 21%.
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits EffectiveIncomeTaxRateReconciliationTaxCredits	0.21	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	1	pure
CY2022	MOXC	Tax Cuts And Jobs Act Net Operating Loss Carryforwards Tax Payable TaxCutsAndJobsActNetOperatingLossCarryforwardsTaxPayable	The change in rate has caused us to remeasure all U.S. deferred income tax assets and liabilities for temporary differences and net operating loss (NOL) carryforwards and recorded a one-time income tax payable in 8 years.
CY2022	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	5272500	usd
CY2022Q4	us-gaap	Investments Investments	500000	usd

Files In Submission

Name	View Source	Status
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form20-f_htm.xml	Edgar Link	completed
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0001493152-23-017509-xbrl.zip	Edgar Link	pending
ex12-1.htm	Edgar Link	pending
ex12-2.htm	Edgar Link	pending
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ex13-2.htm	Edgar Link	pending
ex16-001.jpg	Edgar Link	pending
ex16-1.htm	Edgar Link	pending
ex2-2.htm	Edgar Link	pending
ex8-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form20-f.htm	Edgar Link	pending
form20-f_0001.jpg	Edgar Link	pending
form20-f_01.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
moxc-20221231.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
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moxc-20221231_cal.xml	Edgar Link	unprocessable
moxc-20221231_def.xml	Edgar Link	unprocessable
moxc-20221231_lab.xml	Edgar Link	unprocessable
R22.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ABTS
Abits Group Inc Stock $abts

2022 Q4 Form 20-F Financial Statement

#000149315223017509 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ABTS Abits Group Inc Stock $abts

2022 Q4 Form 20-F Financial Statement

#000149315223017509 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ABTS
Abits Group Inc Stock $abts