2023 Q3 Form 10-Q Financial Statement
#000121390023067113 Filed on August 14, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $15.88K | $6.109K | $312.9K |
YoY Change | -62.42% | -98.05% | 895.07% |
Cost Of Revenue | $29.61K | $72.98K | $8.367K |
YoY Change | 175.71% | 772.25% | 1195.2% |
Gross Profit | -$13.73K | -$66.87K | $304.5K |
YoY Change | -143.55% | -121.96% | 888.77% |
Gross Profit Margin | -86.44% | -1094.65% | 97.33% |
Selling, General & Admin | $1.182M | $1.387M | $1.593M |
YoY Change | -63.25% | -12.94% | 29.32% |
% of Gross Profit | 523.11% | ||
Research & Development | $141.3K | $514.4K | $532.8K |
YoY Change | -53.74% | -3.44% | 48.46% |
% of Gross Profit | 174.97% | ||
Depreciation & Amortization | $7.459K | $6.997K | $5.490K |
YoY Change | 15.43% | 27.45% | 86.73% |
% of Gross Profit | 1.8% | ||
Operating Expenses | $2.141M | $2.127M | $2.351M |
YoY Change | -42.86% | -9.54% | 13.79% |
Operating Profit | -$2.155M | -$2.194M | -$2.047M |
YoY Change | -42.01% | 7.18% | 0.56% |
Interest Expense | $1.219M | $114.8K | $14.76K |
YoY Change | 863.07% | 677.56% | -82.15% |
% of Operating Profit | |||
Other Income/Expense, Net | -$1.214M | -$39.69K | $17.08K |
YoY Change | 2050.52% | -332.42% | -122.18% |
Pretax Income | -$3.369M | -$2.234M | -$2.030M |
YoY Change | -10.69% | 10.04% | -3.92% |
Income Tax | -$999.00 | $81.70K | -$82.45K |
% Of Pretax Income | |||
Net Earnings | -$3.318M | -$2.264M | -$1.859M |
YoY Change | -10.46% | 21.76% | -5.71% |
Net Earnings / Revenue | -20885.9% | -37052.07% | -594.19% |
Basic Earnings Per Share | -$0.82 | -$0.68 | -$0.06 |
Diluted Earnings Per Share | -$0.82 | -$0.68 | -$0.06 |
COMMON SHARES | |||
Basic Shares Outstanding | 3.951M shares | 33.08M shares | 31.31M shares |
Diluted Shares Outstanding | 4.055M shares | 3.309M shares | 31.31M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $568.6K | $176.1K | $2.993M |
YoY Change | -59.42% | -94.12% | 223.66% |
Cash & Equivalents | $500.1K | $99.29K | $2.911M |
Short-Term Investments | $68.52K | $76.79K | $82.76K |
Other Short-Term Assets | $764.0K | $790.9K | $2.629M |
YoY Change | -18.18% | -69.92% | 69.62% |
Inventory | $21.86K | ||
Prepaid Expenses | |||
Receivables | $1.530K | $12.36K | $289.5K |
Other Receivables | $535.0K | $526.2K | $3.713M |
Total Short-Term Assets | $2.494M | $2.129M | $9.789M |
YoY Change | -14.11% | -78.25% | 169.85% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $7.954M | $564.3K | $597.3K |
YoY Change | 1303.43% | -5.52% | -72.19% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $2.677M | $831.7K | $870.6K |
YoY Change | 228.05% | -4.46% | -20.55% |
Other Assets | $1.636M | $3.510M | $1.231M |
YoY Change | -66.95% | 185.19% | -40.64% |
Total Long-Term Assets | $14.10M | $7.192M | $3.993M |
YoY Change | 86.05% | 80.1% | -24.9% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.494M | $2.129M | $9.789M |
Total Long-Term Assets | $14.10M | $7.192M | $3.993M |
Total Assets | $16.59M | $9.320M | $13.78M |
YoY Change | 58.31% | -32.38% | 54.08% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.085K | ||
YoY Change | -58.71% | ||
Accrued Expenses | $3.558M | $3.441M | $1.247M |
YoY Change | 196.15% | 175.99% | -43.39% |
Deferred Revenue | $79.50K | ||
YoY Change | |||
Short-Term Debt | $852.5K | $882.8K | $1.574M |
YoY Change | -54.32% | -43.92% | -14.54% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $5.363M | $5.773M | $3.646M |
YoY Change | 37.72% | 58.34% | -16.69% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.654M | $3.300M | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $512.8K | $614.8K | $956.3K |
YoY Change | -42.58% | -35.71% | -27.36% |
Total Long-Term Liabilities | $2.167M | $3.915M | $956.3K |
YoY Change | 142.63% | 309.37% | -76.41% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.363M | $5.773M | $3.646M |
Total Long-Term Liabilities | $2.167M | $3.915M | $956.3K |
Total Liabilities | $7.530M | $9.687M | $4.602M |
YoY Change | 57.29% | 110.5% | -38.68% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$62.31M | -$58.99M | -$46.34M |
YoY Change | 24.52% | 27.31% | |
Common Stock | $4.823K | $3.308K | $32.31K |
YoY Change | -85.22% | -89.76% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $9.100M | $9.100M | $9.100M |
YoY Change | 0.0% | 0.0% | |
Treasury Stock Shares | |||
Shareholders Equity | $9.100M | -$379.3K | $9.334M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $16.59M | $9.320M | $13.78M |
YoY Change | 58.31% | -32.38% | 54.08% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.318M | -$2.264M | -$1.859M |
YoY Change | -10.46% | 21.76% | -5.71% |
Depreciation, Depletion And Amortization | $7.459K | $6.997K | $5.490K |
YoY Change | 15.43% | 27.45% | 86.73% |
Cash From Operating Activities | -$1.356M | -$899.8K | -$3.429M |
YoY Change | 164.04% | -73.76% | 137.49% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $21.20K | $0.00 | -$22.03K |
YoY Change | -587.36% | -100.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$53.16K | -$440.6K | $0.00 |
YoY Change | -96.5% | -100.0% | |
Cash From Investing Activities | -$74.36K | -$440.6K | -$22.03K |
YoY Change | -95.12% | 1899.91% | -84.27% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.652M | -31.59K | 3.664M |
YoY Change | 173.66% | -100.86% | -3232.64% |
NET CHANGE | |||
Cash From Operating Activities | -1.356M | -899.8K | -3.429M |
Cash From Investing Activities | -74.36K | -440.6K | -22.03K |
Cash From Financing Activities | 1.652M | -31.59K | 3.664M |
Net Change In Cash | 220.8K | -1.372M | 212.5K |
YoY Change | -115.4% | -745.53% | -112.5% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.356M | -$899.8K | -$3.429M |
Capital Expenditures | $21.20K | $0.00 | -$22.03K |
Free Cash Flow | -$1.378M | -$899.8K | -$3.407M |
YoY Change | 170.46% | -73.59% |
Facts In Submission
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2023-06-30 | ||
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ABVC BioPharma, Inc. | ||
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4100026 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8265581 | usd | |
CY2023Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
55041 | usd |
CY2022Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
39015 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
107752 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
79190 | usd | |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
114752 | usd |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
14758 | usd |
us-gaap |
Interest Expense
InterestExpense
|
171415 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
32971 | usd | |
CY2023Q2 | abvc |
Rent Income
RentIncome
|
34800 | usd |
CY2022Q2 | abvc |
Rent Income
RentIncome
|
32802 | usd |
abvc |
Rent Income
RentIncome
|
56900 | usd | |
abvc |
Rent Income
RentIncome
|
56926 | usd | |
CY2023Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-18305 | usd |
CY2022Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
10479 | usd |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-30566 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
18042 | usd | |
CY2023Q2 | us-gaap |
Other Income
OtherIncome
|
3528 | usd |
CY2022Q2 | us-gaap |
Other Income
OtherIncome
|
-50462 | usd |
us-gaap |
Other Income
OtherIncome
|
6595 | usd | |
us-gaap |
Other Income
OtherIncome
|
-59872 | usd | |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-39688 | usd |
CY2022Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
17076 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-30734 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
61315 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2233530 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2029784 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4130760 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8204266 | usd | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
81695 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-82451 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
81695 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-169318 | usd | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-2315225 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1947333 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-4212455 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-8034948 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-51714 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-88336 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-125249 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-180511 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2263511 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1858997 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4087206 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7854437 | usd | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-12032 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-123221 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
17077 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-236560 | usd | |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2275543 | usd |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1982218 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4070129 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8090997 | usd | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.68 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.59 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.24 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.65 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-4212455 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-8034948 | usd | |
us-gaap |
Depreciation
Depreciation
|
13490 | usd | |
us-gaap |
Depreciation
Depreciation
|
10902 | usd | |
abvc |
Stock Based Compensation For Non Employees
StockBasedCompensationForNonEmployees
|
592229 | usd | |
abvc |
Stock Based Compensation For Non Employees
StockBasedCompensationForNonEmployees
|
4917743 | usd | |
us-gaap |
Provision For Other Losses
ProvisionForOtherLosses
|
38500 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-122784 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-18831 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
81695 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-170118 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-181565 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
8782 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-720 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
784714 | usd | |
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-2300 | usd | |
us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
156823 | usd | |
us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
2435935 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2473 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2085 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
531778 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-21915 | usd | |
us-gaap |
Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
|
68516 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
342841 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
80760 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2397460 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6423618 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
115246 | usd | |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
440575 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-440575 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-115246 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3663925 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
3175000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2175000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3663925 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13496 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-91030 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-649539 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2965969 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1391728 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6565215 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
742189 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3599246 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
21532 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
24348 | usd | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8870342 | usd |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
8130188 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
451480 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-8034948 | usd | |
abvc |
Cumulative Transaction Adjustments
CumulativeTransactionAdjustments
|
-236560 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9180502 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3236139 | usd |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
140749 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
451480 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-4212455 | usd | |
abvc |
Cumulative Transaction Adjustments
CumulativeTransactionAdjustments
|
17077 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-367010 | usd |
CY2023Q2 | abvc |
Net Loss
NetLoss
|
2315225 | usd |
abvc |
Net Loss
NetLoss
|
4212455 | usd | |
CY2023Q2 | us-gaap |
Capital
Capital
|
3644036 | usd |
CY2023Q2 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
2397460 | usd |
CY2023Q2 | us-gaap |
Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
610542 | usd |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Reclassifications of Prior Year Presentation</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain prior year unaudited consolidated balance sheet and unaudited consolidated cash flow statement amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited consolidated financial statements and the amount of revenues and expenses during the reporting periods. Actual results could differ materially from those results.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> | ||
CY2016Q1 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
forward split at a ratio of 1 to 3.141 | |
CY2016Q1 | us-gaap |
Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
|
0.001 | |
CY2016Q1 | us-gaap |
Excess Stock Shares Authorized
ExcessStockSharesAuthorized
|
360000000 | shares |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
99290 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
85265 | usd |
CY2023Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
642899 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1306463 | usd |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Concentration of Credit Risk</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents. The Company places its cash and temporary cash investments in high quality credit institutions, but these investments may be in excess of Taiwan Central Deposit Insurance Corporation and the U.S. Federal Deposit Insurance Corporation’s insurance limits. The Company does not enter into financial instruments for hedging, trading or speculative purposes.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company performs ongoing credit evaluation of our customers and requires no collateral. An allowance for doubtful accounts is provided based on a review of the collectability of accounts receivable. The Company determines the amount of allowance for doubtful accounts by examining its historical collection experience and current trends in the credit quality of its customers as well as its internal credit policies. Actual credit losses may differ from our estimates.</p> | ||
us-gaap |
Health Care Organization Allowance For Doubtful Accounts Percentage Of Accounts Receivable
HealthCareOrganizationAllowanceForDoubtfulAccountsPercentageOfAccountsReceivable
|
0.9728 | pure | |
CY2022 | us-gaap |
Health Care Organization Allowance For Doubtful Accounts Percentage Of Accounts Receivable
HealthCareOrganizationAllowanceForDoubtfulAccountsPercentageOfAccountsReceivable
|
0.7189 | pure |
CY2022Q4 | us-gaap |
Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
618150 | usd |
CY2022Q3 | abvc |
Principal Amount
principalAmount
|
7500000 | twd |
abvc |
Impairment Of Equity Investments
ImpairmentOfEquityInvestments
|
0 | usd | |
abvc |
Impairment Of Equity Investments
ImpairmentOfEquityInvestments
|
0 | usd | |
abvc |
Schedule Of Ownership Percentages Of Investee Table Text Blocks
ScheduleOfOwnershipPercentagesOfInvesteeTableTextBlocks
|
<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The ownership percentages of each investee are listed as follows:</span><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Ownership percentage</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Accounting</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid; font-weight: bold">Name of related party</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">treatments</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left">Braingenesis Biotechnology Co., Ltd.</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">0.22</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">0.22</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 11%; text-align: center">Cost Method</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Genepharm Biotech Corporation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.92</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">0.92</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center">Cost Method</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">BioHopeKing Corporation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8.03</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8.03</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center">Cost Method</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">BioFirst Corporation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21.77</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21.77</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center">Equity Method</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Rgene Corporation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">28.85</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">28.85</td><td style="text-align: left">%</td><td> </td> <td style="text-align: center">Equity Method</td></tr> </table> | ||
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1893750 | usd |
abvc |
Labour Pension Fund Percentage
LabourPensionFundPercentage
|
0.06 | pure | |
abvc |
Percentage Of Monthly Contributions
PercentageOfMonthlyContributions
|
0.06 | pure | |
CY2023Q2 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
2455 | usd |
CY2022Q2 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
3309 | usd |
us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
5259 | usd | |
us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
6646 | usd | |
abvc |
Stock Based Compensation For Employees
StockBasedCompensationForEmployees
|
0 | usd | |
abvc |
Stock Based Compensation For Employees
StockBasedCompensationForEmployees
|
0 | usd | |
CY2023Q2 | abvc |
Stock Based Compensation For Employees
StockBasedCompensationForEmployees
|
0 | usd |
CY2022Q2 | abvc |
Stock Based Compensation For Employees
StockBasedCompensationForEmployees
|
0 | usd |
CY2023Q2 | abvc |
Stock Based Compensation For Nonemployees
StockBasedCompensationForNonemployees
|
225740 | usd |
CY2022Q1 | abvc |
Stock Based Compensation For Nonemployees
StockBasedCompensationForNonemployees
|
225740 | usd |
abvc |
Stock Based Compensation For Non Employees
StockBasedCompensationForNonEmployees
|
592229 | usd | |
abvc |
Stock Based Compensation For Non Employees
StockBasedCompensationForNonEmployees
|
4917743 | usd | |
abvc |
Beneficial Conversion Feature
BeneficialConversionFeature
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Beneficial Conversion Feature</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From time to time, the Company may issue convertible notes that may contain an imbedded beneficial conversion feature. A beneficial conversion feature exists on the date a convertible note is issued when the fair value of the underlying common stock to which the note is convertible into is in excess of the remaining unallocated proceeds of the note after first considering the allocation of a portion of the note proceeds to the fair value of the warrants, if related warrants have been granted. The intrinsic value of the beneficial conversion feature is recorded as a debt discount with a corresponding amount to additional paid in capital. The debt discount is amortized to interest expense over the life of the note using the effective interest method.</p> | ||
abvc |
Defined Benefit Plan Funded Percentages
DefinedBenefitPlanFundedPercentages
|
0.50 | pure | |
CY2023Q2 | abvc |
Nonmarketable Cost Method Investments Net
NonmarketableCostMethodInvestmentsNet
|
831706 | usd |
CY2022Q4 | abvc |
Nonmarketable Cost Method Investments Net
NonmarketableCostMethodInvestmentsNet
|
842070 | usd |
abvc |
Milestone Payments Royalty Percentage
MilestonePaymentsRoyaltyPercentage
|
0.12 | pure | |
CY2018Q4 | abvc |
Co Dev Agreement Description
CoDevAgreementDescription
|
the Company received the remaining balance of $2,550,000 in the form of newly issued shares of Rgene’s Common Stock, at the price of NT$50 (approximately equivalent to $1.64 per share), for an aggregate number of 1,530,000 shares, which accounted for equity method long-term investment as of December 31, 2018. During the year ended December 31, 2018, the Company has recognized investment loss of $549. | |
CY2022Q2 | abvc |
Amount Received
AmountReceived
|
3000000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3878334 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3878435 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3313990 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3304457 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
564344 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
573978 | usd |
CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
6997 | usd |
CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5491 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
13490 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10902 | usd | |
CY2023Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
831706 | usd |
CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
842070 | usd |
abvc |
Purchase Additional Shares
PurchaseAdditionalShares
|
317000 | shares | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
|
0.2885 | pure | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
|
0.2885 | pure |
CY2023Q1 | us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
3175000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
1.05 | |
CY2023Q1 | us-gaap |
Shares Issued
SharesIssued
|
5291667 | shares |
CY2023Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.05 | |
CY2023Q2 | us-gaap |
Debt Instrument Fee Amount
DebtInstrumentFeeAmount
|
308650.58 | usd |
abvc |
Percentage Of Average Amount
PercentageOfAverageAmount
|
0.90 | pure | |
abvc |
Percentage Of Cash Permium
PercentageOfCashPermium
|
0.05 | pure | |
CY2023Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
882750 | usd |
CY2022Q3 | abvc |
Principal Amount
principalAmount
|
240750 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P1Y | |
CY2019Q1 | us-gaap |
Debt Instrument Repurchased Face Amount
DebtInstrumentRepurchasedFaceAmount
|
1000000 | usd |
CY2019Q1 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.05 | pure |
CY2020Q2 | abvc |
Received Loan Amount
ReceivedLoanAmount
|
350000 | usd |
CY2020Q4 | abvc |
Received Loan Amount
ReceivedLoanAmount
|
350000 | usd |
CY2021Q4 | abvc |
Principal Amount
principalAmount
|
650000 | usd |
CY2022 | abvc |
Outstanding Balance
OutstandingBalance
|
1000000 | usd |
CY2023Q2 | abvc |
Accounts Receivable Due From Related Parties
AccountsReceivableDueFromRelatedParties
|
623245 | usd |
CY2022Q4 | abvc |
Accounts Receivable Due From Related Parties
AccountsReceivableDueFromRelatedParties
|
757343 | usd |
CY2023Q2 | abvc |
Due From Related Parties Current Amount
DueFromRelatedPartiesCurrentAmount
|
526216 | usd |
CY2022Q4 | abvc |
Due From Related Parties Current Amount
DueFromRelatedPartiesCurrentAmount
|
513819 | usd |
CY2023Q2 | abvc |
Due From Other Related Parties Noncurrent Amount
DueFromOtherRelatedPartiesNoncurrentAmount
|
1285804 | usd |
CY2022Q4 | abvc |
Due From Other Related Parties Noncurrent Amount
DueFromOtherRelatedPartiesNoncurrentAmount
|
1141378 | usd |
CY2022Q2 | abvc |
Aggregate Principal Amount
AggregatePrincipalAmount
|
1000000 | usd |
CY2022Q2 | abvc |
Bears Interest
BearsInterest
|
0.05 | pure |
CY2022Q2 | abvc |
Working Capital Percentage
WorkingCapitalPercentage
|
0.064 | pure |
CY2022Q2 | abvc |
Gross Proceeds
GrossProceeds
|
4220000 | usd |
CY2022Q2 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
556075 | usd |
CY2022Q2 | abvc |
Warrants Term
WarrantsTerm
|
P5Y | |
CY2022Q2 | abvc |
Description Of Conversion Price
DescriptionOfConversionPrice
|
The Company may convert the Note at any time into shares of Rgene’s common stock at either (i) a fixed conversion price equal to $1.00 per share or (ii) 20% discount of the stock price of the then most recent offering, whichever is lower; the conversion price is subject to adjustment as set forth in the Note. The Note includes standard events of default, as well as a cross default provision pursuant to which a breach of the Service Agreement will trigger an event of default under the convertible note if not cured after 5 business days of written notice regarding the breach is provided. | |
us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
500000 | usd | |
CY2022 | us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
500000 | usd |
us-gaap |
Accounts Receivable Noncurrent Accrued Interest Writeoff
AccountsReceivableNoncurrentAccruedInterestWriteoff
|
26126 | usd | |
CY2022 | us-gaap |
Accounts Receivable Noncurrent Accrued Interest Writeoff
AccountsReceivableNoncurrentAccruedInterestWriteoff
|
13819 | usd |
CY2022 | abvc |
Loan Agreement Total Amount
LoanAgreementTotalAmount
|
507000 | usd |
CY2023Q2 | abvc |
Interest Rate
InterestRate
|
0.065 | pure |
CY2023Q2 | abvc |
Due Amount
DueAmount
|
111434 | usd |
CY2022Q4 | abvc |
Due Amount
DueAmount
|
112822 | usd |
abvc |
Schedule Of Related Party Transactions Amount Due To Related Party
ScheduleOfRelatedPartyTransactionsAmountDueToRelatedParty
|
Amount due to related parties consisted of the following as of the periods indicated:<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">(Unaudited)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">BioFirst Corporation</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">495,753</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">188,753</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">BioFirst (Australia)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">313,606</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">275,901</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">The Jiangs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,789</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,789</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt">Due to shareholders</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">149,586</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">151,450</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt; padding-left: 0.125in">Total</td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">978,734</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right">635,893</td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"> </td></tr> </table> | ||
CY2023Q2 | abvc |
Due To Related Party Current And Noncurrent
DueToRelatedPartyCurrentAndNoncurrent
|
978734 | usd |
CY2022Q4 | abvc |
Due To Related Party Current And Noncurrent
DueToRelatedPartyCurrentAndNoncurrent
|
635893 | usd |
CY2023Q2 | abvc |
Outstanding Advance From Related Party
OutstandingAdvanceFromRelatedParty
|
495753 | usd |
CY2022Q4 | abvc |
Outstanding Advance From Related Party
OutstandingAdvanceFromRelatedParty
|
188753 | usd |
CY2018 | us-gaap |
Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
|
The advances bear interest rate of 12% per annum. | |
CY2023Q2 | abvc |
Outstanding Principal And Accrued Interest
OutstandingPrincipalAndAccruedInterest
|
149586 | usd |
CY2022Q4 | abvc |
Outstanding Principal And Accrued Interest
OutstandingPrincipalAndAccruedInterest
|
151450 | usd |
CY2023Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
5171 | usd |
CY2022Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
5401 | usd |
us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
10067 | usd | |
us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
10714 | usd | |
CY2022Q2 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
2000000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.45 | |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
223411 | shares |
CY2023Q1 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
3704167 | usd |
CY2023Q1 | us-gaap |
Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
|
3175000 | usd |
us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
81695 | usd | |
us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-169318 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
81695 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-169318 | usd | |
us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
81695 | usd | |
us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
-169318 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
701992 | usd | |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
709961 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
5679314 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
5866623 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
213482 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
213482 | usd |
CY2023Q2 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
213482 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
213482 | usd |
CY2023Q2 | us-gaap |
Other Deferred Costs Gross
OtherDeferredCostsGross
|
6381306 | usd |
CY2022Q4 | us-gaap |
Other Deferred Costs Gross
OtherDeferredCostsGross
|
6576584 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
6345834 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
6459474 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
35472 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
117110 | usd |
CY2022Q1 | abvc |
Consulting Fees
ConsultingFees
|
4296763 | usd |
CY2022Q1 | abvc |
Unrestricted Common Shares
UnrestrictedCommonShares
|
1306007 | shares |
CY2022Q2 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
2000000 | shares |
CY2023Q1 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
1.05 | |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5291667 | shares |
CY2023Q1 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
1.05 | |
us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
The above-mentioned equity is before the reverse stock split in 2023. | ||
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
545182 | shares |
CY2020Q4 | abvc |
Conversion Price
ConversionPrice
|
2 | |
CY2020Q4 | abvc |
Consulting Fees
ConsultingFees
|
1090361 | usd |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
545182 | shares |
CY2020Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P10Y | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1280002 | shares |
CY2021Q4 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
3 | |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P10Y | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
761920 | shares |
CY2022Q2 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
3 | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P10Y | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0279 | pure |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.8386 | pure |
CY2022 | abvc |
Fair Value Of Options Granted
FairValueOfOptionsGranted
|
2.79 | usd |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
0 | usd | |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
0 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
97577 | usd |
CY2022Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
88270 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
191876 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2263511 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1858997 | usd |
CY2023Q2 | abvc |
Weightedaverage Shares Outstanding Basic
WeightedaverageSharesOutstandingBasic
|
3308074 | |
CY2022Q2 | abvc |
Weightedaverage Shares Outstanding Basic
WeightedaverageSharesOutstandingBasic
|
3130733 | |
CY2023Q2 | abvc |
Weighted Average Number Of Shares Diluted
WeightedAverageNumberOfSharesDiluted
|
3308074 | |
CY2022Q2 | abvc |
Weighted Average Number Of Shares Diluted
WeightedAverageNumberOfSharesDiluted
|
3130733 | |
CY2023Q2 | abvc |
Loss Per Share Basic
LossPerShareBasic
|
-0.68 | |
CY2022Q2 | abvc |
Loss Per Share Basic
LossPerShareBasic
|
-0.59 | |
CY2023Q2 | abvc |
Loss Per Share Diluted
LossPerShareDiluted
|
-0.68 | |
CY2022Q2 | abvc |
Loss Per Share Diluted
LossPerShareDiluted
|
-0.59 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4087206 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7854437 | usd | |
abvc |
Weightedaverage Shares Outstanding Basic
WeightedaverageSharesOutstandingBasic
|
3307826 | ||
abvc |
Weightedaverage Shares Outstanding Basic
WeightedaverageSharesOutstandingBasic
|
2968340 | ||
abvc |
Weighted Average Number Of Shares Diluted
WeightedAverageNumberOfSharesDiluted
|
3307826 | ||
abvc |
Weighted Average Number Of Shares Diluted
WeightedAverageNumberOfSharesDiluted
|
2968340 | ||
abvc |
Loss Per Share Basic
LossPerShareBasic
|
-1.24 | ||
abvc |
Loss Per Share Basic
LossPerShareBasic
|
-2.65 | ||
abvc |
Loss Per Share Diluted
LossPerShareDiluted
|
-1.24 | ||
abvc |
Loss Per Share Diluted
LossPerShareDiluted
|
-2.65 | ||
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
999645 | usd | |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
1161141 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
390505 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
369314 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
609140 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
791827 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
174127 | usd | |
us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
191876 | usd | |
us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
174127 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y5M1D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y5M23D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0152 | pure |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0149 | pure |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
194567 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
403223 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
351120 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
56915 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1005825 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
6180 | usd |
CY2023Q2 | abvc |
Present Value Of Future Minimum Lease Payment Sale Leaseback Transactions
PresentValueOfFutureMinimumLeasePaymentSaleLeasebackTransactions
|
999645 | usd |
us-gaap |
Provision For Other Losses
ProvisionForOtherLosses
|
usd | ||
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
usd | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
usd | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
usd | ||
us-gaap |
Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
|
usd | ||
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
usd | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
usd | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
usd | ||
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
usd | |
us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | ||
us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | ||
us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | ||
us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
usd | ||
us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
usd | ||
us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
usd | ||
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
usd | ||
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
usd | ||
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
usd | ||
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
usd | ||
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
usd | ||
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
usd | ||
CY2023Q2 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
usd | |
CY2022Q2 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
usd | |
us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
usd | ||
CY2023Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
|
usd | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001173313 |