2022 Q4 Form 20-F Financial Statement

#000121390023085777 Filed on November 13, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $242.4M $242.4M $31.37M
YoY Change 672.61% 560.3% 58752.07%
Cost Of Revenue $195.8M $195.8M $25.49M
YoY Change 668.13% 550.25% 66057.31%
Gross Profit $46.60M $46.59M $5.884M
YoY Change 692.03% 606.15% 39708.05%
Gross Profit Margin 19.22% 19.22% 18.75%
Selling, General & Admin $30.40M $30.40M $797.5K
YoY Change 3711.86% 1790.96% -17.31%
% of Gross Profit 65.24% 65.24% 13.55%
Research & Development $0.00 $0.00 $3.510K
YoY Change -100.0% -100.0% -94.47%
% of Gross Profit 0.0% 0.0% 0.06%
Depreciation & Amortization -$10.00K $201.9K $28.79K
YoY Change -134.73% 426.44% 149.7%
% of Gross Profit -0.02% 0.43% 0.49%
Operating Expenses $30.40M $30.40M $801.0K
YoY Change 3695.21% 1749.17% -22.07%
Operating Profit $16.20M $16.19M $5.083M
YoY Change 218.73% 226.89% -601.67%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$400.0K -$373.0K $23.83K
YoY Change -1778.56% -9425.85% -411.1%
Pretax Income $15.80M $15.82M $5.106M
YoY Change 209.41% 219.1% -600.24%
Income Tax $4.300M $4.345M $1.249M
% Of Pretax Income 27.22% 27.46% 24.46%
Net Earnings $11.50M $11.48M $3.858M
YoY Change 198.12% 223.1% -459.96%
Net Earnings / Revenue 4.74% 4.73% 12.3%
Basic Earnings Per Share $0.47
Diluted Earnings Per Share $0.47 $0.47 $175.5K
COMMON SHARES
Basic Shares Outstanding 24.25M shares
Diluted Shares Outstanding 24.25M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.100M $4.100M $18.43M
YoY Change -77.75% -77.75% 2672.55%
Cash & Equivalents $4.073M $4.100M $18.43M
Short-Term Investments
Other Short-Term Assets $2.936M $14.40M $43.85M
YoY Change -93.31% -66.86% 708.93%
Inventory $3.915M $3.900M $22.43M
Prepaid Expenses $51.30K
Receivables $92.76M $92.80M $2.608M
Other Receivables $1.600M $0.00
Total Short-Term Assets $116.8M $116.8M $87.32M
YoY Change 33.78% 33.76% 1334.87%
LONG-TERM ASSETS
Property, Plant & Equipment $689.4K $1.200M $564.0K
YoY Change 22.24% 112.78% 2819.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.200M $7.200M $129.0K
YoY Change 5480.1% 5480.1%
Total Long-Term Assets $8.411M $8.400M $701.6K
YoY Change 1098.75% 1097.23% 2284.03%
TOTAL ASSETS
Total Short-Term Assets $116.8M $116.8M $87.32M
Total Long-Term Assets $8.411M $8.400M $701.6K
Total Assets $125.2M $125.2M $88.02M
YoY Change 42.27% 42.24% 1339.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.50M $67.40M $14.12M
YoY Change 356.91% 377.45% 283935.61%
Accrued Expenses $200.0K $200.0K $51.24K
YoY Change 290.32% 290.32%
Deferred Revenue $4.573M
YoY Change
Short-Term Debt $0.00 $1.568M
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $94.52M $94.50M $62.82M
YoY Change 50.46% 50.43% 2493.33%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $200.0K $200.0K
YoY Change
Total Long-Term Liabilities $266.2K $200.0K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $94.52M $94.50M $62.82M
Total Long-Term Liabilities $266.2K $200.0K $0.00
Total Liabilities $94.79M $94.80M $62.97M
YoY Change 50.53% 50.55% 2499.43%
SHAREHOLDERS EQUITY
Retained Earnings $9.744M -$1.460M
YoY Change -767.49%
Common Stock $26.53M $26.03M
YoY Change 1.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $30.44M $30.40M $25.05M
YoY Change
Total Liabilities & Shareholders Equity $125.2M $125.2M $88.02M
YoY Change 42.27% 42.24% 1339.44%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $11.50M $11.48M $3.858M
YoY Change 198.12% 223.1% -459.96%
Depreciation, Depletion And Amortization -$10.00K $201.9K $28.79K
YoY Change -134.73% 426.44% 149.7%
Cash From Operating Activities -$7.220M -$17.34M $777.5K
YoY Change -1028.59% 835.17% -159.45%
INVESTING ACTIVITIES
Capital Expenditures -$150.0K $282.3K -$339.7K
YoY Change -55.84% -183.11% 3396500.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities $150.0K -$332.3K -$339.7K
YoY Change -144.16% -2.16% 84815.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $17.64M
YoY Change -100.0% 2541.11%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 580.0K $7.006M 16.16M
YoY Change -96.41% -64.18% 9021.26%
NET CHANGE
Cash From Operating Activities -7.220M -$17.34M 777.5K
Cash From Investing Activities 150.0K -$332.3K -339.7K
Cash From Financing Activities 580.0K $7.006M 16.16M
Net Change In Cash -6.490M -$14.35M 16.60M
YoY Change -139.1% -182.66% -1567.42%
FREE CASH FLOW
Cash From Operating Activities -$7.220M -$17.34M $777.5K
Capital Expenditures -$150.0K $282.3K -$339.7K
Free Cash Flow -$7.070M -$17.62M $1.117M
YoY Change -732.84% 1063.49% -185.42%

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CY2021 us-gaap Increase Decrease In Prepaid Supplies
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 us-gaap Increase Decrease In Accounts Payable
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CY2021 us-gaap Increase Decrease In Accounts Payable
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CY2020 us-gaap Increase Decrease In Accounts Payable
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CY2022 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2020 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2022 us-gaap Increase Decrease In Customer Advances
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CY2021 us-gaap Increase Decrease In Customer Advances
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CY2021 agmh Increase Decreasein Govern Mentgrant
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CY2022 us-gaap Increase Decrease In Operating Lease Liability
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CY2021 us-gaap Increase Decrease In Operating Lease Liability
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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CY2022 us-gaap Payments To Acquire Intangible Assets
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2021 us-gaap Proceeds From Related Party Debt
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CY2020 us-gaap Proceeds From Related Party Debt
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CY2021 us-gaap Proceeds From Short Term Debt
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CY2021 agmh Borrowings To Related Parties
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CY2020 us-gaap Repayments Of Related Party Debt
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2020 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Income Taxes Paid
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CY2021 agmh Free Operating Lease Due To Government Grant
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CY2022 agmh Additions Of Rou Assets
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CY2021 agmh Additions Of Rou Assets
AdditionsOfROUAssets
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CY2021 agmh Cancelled Shareholders Common Stock
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CY2020 agmh Cancelled Shareholders Common Stock
CancelledShareholdersCommonStock
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CY2019Q4 us-gaap Stockholders Equity
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CY2020 agmh Issuance Of Common Shares For Acquisition Equities Of Anyi
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CY2020 agmh Cancelled Shareholders Common Stocks
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CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2020Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Stock Issued During Period Value Issued For Services
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CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022 us-gaap Net Income Loss
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CY2022 agmh Deposit Received On Issuance Of Common Stock
DepositReceivedOnIssuanceOfCommonStock
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q4 us-gaap Share Price
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16
CY2020Q4 us-gaap Sale Of Stock Consideration Received On Transaction
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CY2022 us-gaap Use Of Estimates
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities on the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. The Company bases its estimates and judgments on historical experience and on various other assumptions and information that are believed to be reasonable under the circumstances. Estimates and assumptions of future events and their effects cannot be perceived with certainty and, accordingly, these estimates may change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment changes. Significant estimates and assumptions by management include, among others, useful lives and impairment of long-lived assets, allowance for doubtful accounts, and income taxes including the valuation allowance for deferred tax assets. While the Company believes that the estimates and assumptions used in the preparation of the financial statements are appropriate, actual results could differ from those estimates. Estimates and assumptions are periodically reviewed and the effects of revisions are reflected in the financial statements in the period they are determined to be necessary.</p>
CY2022 agmh Equipment Useful Life
EquipmentUsefulLife
P10Y
CY2022Q4 us-gaap Customer Deposits Current
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CY2021Q4 us-gaap Customer Deposits Current
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CY2022 us-gaap Revenue Recognition Leases Operating
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Operating Leases</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company determines if an arrangement is a lease upon inception. A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. The right to control the use of an asset includes the right to obtain substantially all of the economic benefits of the underlying asset and the right to direct how and for what purpose the asset is used. Upon adoption of ASU 2016-02 and related standards, operating lease right-of-use assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. The discount rate used to calculate present value is the Company’s incremental borrowing rate or, if available, the rate implicit in the lease. The Company includes options to renew the lease as part of the right of use lease asset and liability when it is reasonably certain the Company will exercise the option. The Company also takes into considerations when certain lease contains fair value purchase and termination options with an associated penalty.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company reviews all leases for capital or operating classification at their inception. The Company conducts its operations primarily under operating leases as of adoption of ASC 842 on January 1, 2021.</p>
CY2022 agmh Enterprise Years
EnterpriseYears
P5Y
CY2022 us-gaap Other Research And Development Expense
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CY2021 us-gaap Other Research And Development Expense
OtherResearchAndDevelopmentExpense
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CY2022 us-gaap Other Noncash Income
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CY2021 us-gaap Other Noncash Income
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CY2021Q4 agmh Percentage Of Securities
PercentageOfSecurities
0.10 pure
CY2022 us-gaap Concentration Risk Credit Risk
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i>Concentration and risks</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">a) Concentration of credit risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to concentration of credit risk are cash and cash equivalents, and accounts receivable arising from its normal business activities. The Company places its cash in what it believes to be credit-worthy financial institutions or trading platforms. The Company routinely assesses the financial strength of the customer and, based upon factors surrounding the credit risk, establishes an allowance, if required, for uncollectible accounts and, consequently, believes that its accounts receivable credit risk exposure beyond such allowance is limited.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">b) Foreign currency exchange rate risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The functional currency and the reporting currency of the Company are RMB and U.S. dollars, respectively. The Company’s exposure to foreign currency exchange rate risk primarily relates to cash and cash equivalents, accounts receivable and accounts payable. Any significant fluctuation of RMB against U.S. dollars may materially and adversely affect the Company’s cash flows, revenues, earnings and financial positions.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">c) Currency convertibility risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company transacts some of its business in RMB, which is not freely convertible into foreign currencies. All foreign exchange transactions continue to take place either through the People’s Bank of China (the “PBOC”) or other banks authorized to buy and sell foreign currencies at the exchange rates quoted by the PBOC. Approval of foreign currency payments by the PBOC or other institutions requires submitting a payment application form together with suppliers’ invoices, shipping documents and signed contracts.</p>
CY2022Q4 agmh Working Capital
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CY2020Q4 agmh Total Considerations
TotalConsiderations
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CY2020Q4 agmh Canceling Ordinary Shares
CancelingOrdinaryShares
475000 shares
CY2020Q4 agmh Canceling Ordinary Per Shares
CancelingOrdinaryPerShares
16
CY2020Q4 agmh Cash Payment
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400000 usd
CY2022Q4 agmh Statutory Surplus Percentage
StatutorySurplusPercentage
0.10 pure
CY2022Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
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CY2021Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
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CY2022 us-gaap Profit Loss
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CY2022 agmh Net Cash Used In Operating Activities
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CY2021Q3 agmh Received Amount
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CY2020 us-gaap Disposal Group Including Discontinued Operation Revenue
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CY2020 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
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CY2020 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
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CY2020 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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CY2020 agmh Disposal Group Including Discontinued Operation Other Income Expenses
DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpenses
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CY2020 agmh Discontinued From Operations Loss Before Income Tax
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CY2020 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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CY2020 agmh Loss From Discontinued Operations
LossFromDiscontinuedOperations
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CY2020 agmh Gain From Disposal Net Of Taxes
GainFromDisposalNetOfTaxes
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CY2020 agmh Total Gainloss From Discontinued Operations
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CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
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CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
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CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
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CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
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CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2022Q1 us-gaap Early Repayment Of Senior Debt
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CY2022Q1 us-gaap Early Repayment Of Senior Debt
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CY2022 us-gaap Interest Expense Other
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CY2022 us-gaap Interest Expense Other
InterestExpenseOther
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CY2022Q4 us-gaap Inventory Finished Goods
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CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2021Q4 us-gaap Prepaid Expense Current
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CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
1605000 usd
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
400000 usd
CY2022Q4 us-gaap Prepaid Taxes
PrepaidTaxes
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CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
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CY2022Q4 us-gaap Deposits With Clearing Organizations And Others Securities
DepositsWithClearingOrganizationsAndOthersSecurities
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CY2021Q4 us-gaap Deposits With Clearing Organizations And Others Securities
DepositsWithClearingOrganizationsAndOthersSecurities
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CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
377262 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
199959 usd
CY2022Q4 agmh Property And Equipment Net From Discontinued Operations
PropertyAndEquipmentNetFromDiscontinuedOperations
689361 usd
CY2021Q4 agmh Property And Equipment Net From Discontinued Operations
PropertyAndEquipmentNetFromDiscontinuedOperations
322397 usd
CY2022Q4 us-gaap Amortization Expense Per Dollar Of Gross Revenue
AmortizationExpensePerDollarOfGrossRevenue
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CY2022 us-gaap Depreciation
Depreciation
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CY2021 us-gaap Depreciation
Depreciation
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CY2020 us-gaap Depreciation
Depreciation
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CY2022Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
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CY2021Q4 us-gaap Other Finite Lived Intangible Assets Gross
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CY2022Q4 us-gaap Capitalized Computer Software Gross
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CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-6167 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8633 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
3147 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1480 usd
CY2020 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1480 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
11480 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11480 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11480 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11480 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9566 usd
CY2022Q4 agmh Finite Lived Intangible Assets Net1
FiniteLivedIntangibleAssetsNet1
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CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
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CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1215573 usd
CY2022Q2 us-gaap Investment Interest Rate
InvestmentInterestRate
0.001 pure
CY2022 us-gaap Related Party Transaction Rate
RelatedPartyTransactionRate
0.02474 pure
CY2022 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
2000000 usd
CY2021 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
517670 usd
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
39238 usd
CY2021 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
1568455 usd
CY2022 us-gaap Interest And Debt Expense
InterestAndDebtExpense
4625 usd
CY2021 us-gaap Interest And Debt Expense
InterestAndDebtExpense
37132 usd
CY2021Q3 agmh Maturity Date
MaturityDate
2022-01-09
CY2021Q3 us-gaap Accounts Receivable Sale
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CY2021Q3 us-gaap Accounts Receivable Sale
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CY2022 agmh Segment Revenue
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CY2021 agmh Segment Revenue
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CY2020 agmh Segment Revenue
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CY2022 agmh Cost Of Revenues
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CY2021 agmh Cost Of Revenues
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CY2020 agmh Cost Of Revenues
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CY2021 us-gaap Gross Profit
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CY2020 us-gaap Gross Profit
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CY2021Q1 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q4 us-gaap Lessee Operating Lease Renewal Term
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CY2022Q4 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q4 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q2 us-gaap Lessee Operating Lease Renewal Term
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CY2021Q4 us-gaap Lessee Operating Lease Renewal Term
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CY2021Q4 us-gaap Interest And Fee Income Loans And Leases
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CY2021Q4 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q3 us-gaap Lessee Operating Lease Renewal Term
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CY2022Q3 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q3 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q4 us-gaap Lessee Operating Lease Renewal Term
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CY2022Q4 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q4 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q4 us-gaap Lessee Operating Lease Renewal Term
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CY2022Q4 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q4 us-gaap Interest And Fee Income Loans And Leases
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Operating Lease Liability Current
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CY2021Q4 us-gaap Operating Lease Liability Current
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CY2022Q4 agmh Operating Lease Liabilities Noncurrent
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CY2022Q4 us-gaap Operating Lease Liability
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CY2021Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2020 us-gaap Increase Decrease In Inventories
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
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CY2022Q4 agmh Total Lease Payments
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CY2022Q4 us-gaap Receivable With Imputed Interest Net Amount
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CY2022Q4 agmh Present Value Of Operating Leases Liabilities
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CY2022Q4 agmh Current Obligation
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CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
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CY2020Q4 agmh Equity Percentage
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CY2020Q4 us-gaap Shares Issued Price Per Share
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CY2020Q3 us-gaap Shares Issued
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CY2020Q3 us-gaap Shares Issued Price Per Share
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CY2022Q4 us-gaap Escrow Deposit
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CY2022Q4 us-gaap Capital Units Deductions From Total Cost To Investors
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CY2021Q4 agmh Aggregate Warrants
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CY2021Q4 agmh Class Of Warrant Or Righst Date From Which Warrants Or Rights Exercisable1
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CY2021Q4 us-gaap Warrant Exercise Price Increase
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CY2022Q4 us-gaap Share Price
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CY2022 agmh Expire Years
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CY2022 us-gaap Fair Value Adjustment Of Warrants
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease Weighted Average Exercise Price
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022Q4 us-gaap Warrants And Rights Outstanding Term
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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CY2022 agmh Annual Aftertax Profit Percentage
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CY2022 agmh Capital Based Percentage
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CY2022Q4 us-gaap Other Restricted Assets
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CY2021Q4 us-gaap Other Restricted Assets
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CY2022 agmh Percentage Of Tax Rate
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2020 agmh Less From Discontinued Operation
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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0.28 pure
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2022Q4 agmh Total Cumulative Net Operating Loss Carryforward From Continuing Operation
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CY2021Q4 agmh Total Cumulative Net Operating Loss Carryforward From Continuing Operation
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CY2020Q4 agmh Total Cumulative Net Operating Loss Carryforward From Continuing Operation
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Gross
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CY2021Q4 us-gaap Deferred Tax Assets Gross
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CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2021Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 us-gaap Deferred Income Tax Assets Net
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CY2021Q4 us-gaap Deferred Income Tax Assets Net
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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CY2022 agmh Unrecognized Tax Benefits Increases Resulting From Current Period Tax Position
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CY2021 agmh Unrecognized Tax Benefits Increases Resulting From Current Period Tax Position
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CY2020 agmh Unrecognized Tax Benefits Increases Resulting From Current Period Tax Position
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2022Q4 agmh Held In Cash Balance
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CY2021Q4 agmh Held In Cash Balance
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CY2022Q4 agmh Insured Bank Account
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CY2022Q4 agmh Insured Bank Account
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CY2021Q4 agmh Cash Held In China Financial Instructions
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CY2022Q4 us-gaap Cash Equivalents At Carrying Value
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CY2022Q4 agmh Cash And Cash Equivalents Percentage
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CY2021Q4 us-gaap Cash Equivalents At Carrying Value
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CY2021Q4 agmh Cash And Cash Equivalents Percentage
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CY2022Q4 us-gaap Short Term Borrowings
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CY2021 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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CY2022 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2021 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2022 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2020 us-gaap Other Income
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CY2022 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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CY2021 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Prepaid Supplies
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CY2020 us-gaap Increase Decrease In Customer Advances
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CY2022 agmh Increase Decreasein Govern Mentgrant
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CY2020 agmh Increase Decreasein Govern Mentgrant
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CY2020 us-gaap Increase Decrease In Operating Lease Liability
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CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2021 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2021 us-gaap Payments To Acquire Intangible Assets
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CY2022 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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CY2021 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Proceeds From Short Term Debt
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021 us-gaap Repayments Of Other Short Term Debt
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CY2020 us-gaap Repayments Of Other Short Term Debt
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CY2022 agmh Borrowings To Related Parties
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CY2022 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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CY2021 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
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CY2020 us-gaap Interest Paid Net
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CY2021 us-gaap Income Taxes Paid
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CY2020 us-gaap Income Taxes Paid
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CY2022 agmh Free Operating Lease Due To Government Grant
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CY2020 agmh Free Operating Lease Due To Government Grant
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CY2020 agmh Additions Of Rou Assets
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CY2022 agmh Cancelled Shareholders Common Stock
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CY2022 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
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CY2021 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
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CY2022 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
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CY2021 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
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CY2022 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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CY2021 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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CY2022 agmh Disposal Group Including Discontinued Operation Other Income Expenses
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CY2021 agmh Disposal Group Including Discontinued Operation Other Income Expenses
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CY2022 agmh Discontinued From Operations Loss Before Income Tax
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CY2021 agmh Discontinued From Operations Loss Before Income Tax
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CY2022 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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CY2021 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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CY2022 agmh Loss From Discontinued Operations
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CY2021 agmh Loss From Discontinued Operations
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CY2022 agmh Gain From Disposal Net Of Taxes
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CY2021 agmh Gain From Disposal Net Of Taxes
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CY2022 agmh Total Gainloss From Discontinued Operations
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CY2021 agmh Total Gainloss From Discontinued Operations
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2020 us-gaap Provision For Doubtful Accounts
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CY2021Q4 us-gaap Amortization Expense Per Dollar Of Gross Revenue
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CY2020Q4 us-gaap Amortization Expense Per Dollar Of Gross Revenue
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CY2021Q4 us-gaap Capitalized Computer Software Gross
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CY2022 us-gaap Interest Expense Short Term Borrowings
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CY2021Q4 agmh Operating Lease Liabilities Noncurrent
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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Files In Submission

Name View Source Status
0001213900-23-085777-index-headers.html Edgar Link pending
0001213900-23-085777-index.html Edgar Link pending
0001213900-23-085777.txt Edgar Link pending
0001213900-23-085777-xbrl.zip Edgar Link pending
agmh-20221231.xsd Edgar Link pending
ex15-2_001.jpg Edgar Link pending
f20f2022ex11-2_agmgrouphold.htm Edgar Link pending
f20f2022ex12-1_agmgrouphold.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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agmh-20221231_cal.xml Edgar Link unprocessable
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