2023 Q3 Form 10-Q Financial Statement
#000149315223028804 Filed on August 15, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $695.1K | $643.5K | |
YoY Change | |||
Cost Of Revenue | $33.52K | $60.74K | |
YoY Change | |||
Gross Profit | $661.6K | $582.7K | |
YoY Change | |||
Gross Profit Margin | 95.18% | 90.56% | |
Selling, General & Admin | $737.3K | $629.9K | $42.29K |
YoY Change | 5737.98% | 1389.68% | -72.77% |
% of Gross Profit | 111.44% | 108.1% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $737.3K | $629.9K | $42.29K |
YoY Change | 5737.98% | 1389.68% | -72.77% |
Operating Profit | -$75.66K | -$47.20K | -$42.29K |
YoY Change | 499.08% | 11.62% | -72.77% |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$74.28K | -$38.99K | -$38.31K |
YoY Change | 644.07% | 1.79% | -75.32% |
Income Tax | $310.00 | -$29.72K | |
% Of Pretax Income | |||
Net Earnings | -$74.39K | -$9.274K | -$38.31K |
YoY Change | 583.83% | -75.79% | -75.32% |
Net Earnings / Revenue | -10.7% | -1.44% | |
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | -$522.50 |
COMMON SHARES | |||
Basic Shares Outstanding | 81.55M shares | 81.55M shares | 73.32M shares |
Diluted Shares Outstanding | 81.55M shares | 81.55M shares | 73.32M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $923.9K | ||
YoY Change | 140.96% | ||
Cash & Equivalents | $1.174M | $1.264M | $923.9K |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | $139.8K | $124.5K | |
Receivables | $530.2K | $591.5K | |
Other Receivables | $3.000K | ||
Total Short-Term Assets | $2.087M | $2.270M | $926.9K |
YoY Change | 126.89% | 144.87% | 137.25% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $520.0K | $526.5K | |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $608.7K | $636.4K | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $2.087M | $2.270M | $926.9K |
Total Long-Term Assets | $608.7K | $636.4K | $0.00 |
Total Assets | $2.696M | $2.906M | $926.9K |
YoY Change | 193.05% | 213.54% | 137.25% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $205.1K | $199.1K | $2.500K |
YoY Change | 7225.43% | 7864.48% | -50.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | ||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $879.4K | $993.0K | $2.800K |
YoY Change | 13033.9% | 35365.14% | -87.95% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | ||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $18.53K | $32.04K | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $879.4K | $993.0K | $2.800K |
Total Long-Term Liabilities | $18.53K | $32.04K | $0.00 |
Total Liabilities | $898.0K | $1.025M | $2.800K |
YoY Change | 13310.59% | 36509.32% | -87.95% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$8.334M | -$8.259M | -$496.5K |
YoY Change | 1542.33% | 1563.33% | |
Common Stock | $8.155K | $8.155K | $7.332K |
YoY Change | 11.22% | 11.22% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.881M | $924.1K | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.696M | $2.906M | $926.9K |
YoY Change | 193.05% | 213.54% | 137.25% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$74.39K | -$9.274K | -$38.31K |
YoY Change | 583.83% | -75.79% | -75.32% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$40.06K | ||
YoY Change | -75.37% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | ||
YoY Change | -100.0% | ||
NET CHANGE | |||
Cash From Operating Activities | -40.06K | ||
Cash From Investing Activities | |||
Cash From Financing Activities | 0.000 | ||
Net Change In Cash | -40.06K | ||
YoY Change | -69.38% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$40.06K | ||
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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|
0.0001 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
600000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
600000000 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
81551838 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
81551838 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
73319800 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
73319800 | shares |
CY2023Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
8155 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
7332 | usd |
CY2023Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
10467687 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1413268 | usd |
CY2023Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-335710 | usd |
CY2023Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-8259147 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-564072 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1880985 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
856528 | usd |
CY2023Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2906046 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
877690 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
643479 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1118281 | usd | |
CY2023Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
60738 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
114400 | usd | |
CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
|
582741 | usd |
us-gaap |
Gross Profit
GrossProfit
|
1003881 | usd | |
CY2023Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
629942 | usd |
CY2022Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
42287 | usd |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1385097 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
50946 | usd | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-47201 | usd |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-42287 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-381216 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-50946 | usd | |
CY2023Q2 | us-gaap |
Other Income
OtherIncome
|
8208 | usd |
CY2022Q2 | us-gaap |
Other Income
OtherIncome
|
3979 | usd |
us-gaap |
Other Income
OtherIncome
|
7587 | usd | |
us-gaap |
Other Income
OtherIncome
|
6514 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-38993 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-38308 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-373629 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-44432 | usd | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-29719 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-29719 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
241 | usd | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9274 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-38308 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-343910 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-44673 | usd | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-71005 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-75658 | usd | |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-80279 | usd |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-38308 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-419568 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-44673 | usd | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81551838 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81551838 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
73319800 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73319800 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
79095871 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
79095871 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
73319800 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73319800 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
968730 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6365 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
962365 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-38308 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
924057 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
856528 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
1444025 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-334636 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-4653 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1961264 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1961264 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9274 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-71005 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1880985 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1880985 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-343910 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-44673 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
88735 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
17518 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-4200 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-45073 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-70179 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1751 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
153188 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-6200 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
131523 | usd | |
ASFH |
Increase Decrease In Tax Assets
IncreaseDecreaseInTaxAssets
|
227448 | usd | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-4302 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-200413 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-44537 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
149106 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-56824 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
17141 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-17141 | usd | |
ASFH |
Repayment To Director
RepaymentToDirector
|
30397 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
5637 | usd | |
ASFH |
Advances To Related Companies
AdvancesToRelatedCompanies
|
173 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
378931 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-415138 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-33158 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-316331 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-56824 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1580170 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
980681 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1263839 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
923857 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
53272 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84E_eus-gaap--UseOfEstimates_zN7rQ2wmPCS4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline"><span id="xdx_86B_zGKyaVP45Gu4">Use of Estimates</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In preparing these financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets and revenues and expenses during the years reported. Actual results may differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> | ||
CY2023Q2 | us-gaap |
Deposits
Deposits
|
250000 | myr |
CY2023Q2 | us-gaap |
Cash
Cash
|
53557 | usd |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
114400 | usd | |
us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1 | pure | |
CY2023Q2 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
40429 | usd |
CY2023Q2 | ASFH |
Rental Deposits
RentalDeposits
|
25783 | usd |
CY2023Q2 | ASFH |
Prepaid Expenses
PrepaidExpenses
|
94376 | usd |
CY2023Q2 | us-gaap |
Other Receivables
OtherReceivables
|
250 | usd |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
3000 | usd |
CY2023Q2 | ASFH |
Other Deposits
OtherDeposits
|
4079 | usd |
CY2023Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
124488 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
3000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1307074 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
780582 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
526492 | usd |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
17141 | usd | |
us-gaap |
Depreciation
Depreciation
|
44198 | usd | |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
199112 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
17805 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
48370 | usd |
CY2023Q2 | ASFH |
Receipt In Advance
ReceiptInAdvance
|
369856 | usd |
CY2023Q2 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
617338 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
17805 | usd |
CY2021Q2 | ASFH |
Payments To Acquire Motor Vehicle
PaymentsToAcquireMotorVehicle
|
36006 | usd |
CY2021Q2 | us-gaap |
Long Term Debt Term
LongTermDebtTerm
|
P36M | |
CY2021Q2 | srt |
Long Term Debt Average Rate Paid
LongTermDebtAverageRatePaid
|
0.0188 | pure |
CY2021Q2 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
1063 | usd |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
5637 | usd | |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
10195 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
114400 | usd | |
CY2022Q4 | ASFH |
Operating Lease Right Of Use Asset Purchase Price Allocation
OperatingLeaseRightOfUseAssetPurchasePriceAllocation
|
134807 | usd |
ASFH |
New Lease Recognition
NewLeaseRecognition
|
16610 | usd | |
ASFH |
Amortization Expenses
AmortizationExpenses
|
-44537 | usd | |
ASFH |
Adjustment For Foreign Currency Translation Difference
AdjustmentForForeignCurrencyTranslationDifference
|
-5936 | usd | |
CY2023Q2 | ASFH |
Operating Lease Right Of Use Asset Purchase Price Allocation
OperatingLeaseRightOfUseAssetPurchasePriceAllocation
|
100944 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
134807 | usd |
ASFH |
New Operating Lease Recognition
NewOperatingLeaseRecognition
|
16610 | usd | |
us-gaap |
Proceeds From Interest Received
ProceedsFromInterestReceived
|
2938 | usd | |
us-gaap |
Proceeds From Lease Payments
ProceedsFromLeasePayments
|
47475 | usd | |
ASFH |
Adjustment For Foreign Currency Translation Difference Operating Leases
AdjustmentForForeignCurrencyTranslationDifferenceOperatingLeases
|
-5936 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
100944 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
81810 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
19134 | usd |
us-gaap |
Proceeds From Lease Payments
ProceedsFromLeasePayments
|
47475 | usd | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y11M15D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0540 | pure |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
643479 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
643479 | usd |
CY2023Q2 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1 | pure |
CY2023Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
143591 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1118281 | usd | |
CY2023Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
60738 | usd |
CY2023Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
60738 | usd |
CY2023Q2 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1 | pure |
CY2023Q2 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
40429 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-373629 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-44432 | usd | |
us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
241 | usd | |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
824 | usd |
CY2023Q2 | ASFH |
Deferred Tax Liabilities Operating Loss Carryforwards Foreign
DeferredTaxLiabilitiesOperatingLossCarryforwardsForeign
|
12899 | usd |
CY2023Q2 | ASFH |
Income Tax Payable Foreign
IncomeTaxPayableForeign
|
3357 | usd |
us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
2500000 | myr | |
us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
567872 | usd | |
ASFH |
Effective Income Tax Rate Exceeding Capitalization Other
EffectiveIncomeTaxRateExceedingCapitalizationOther
|
0.17 | pure | |
ASFH |
Taxable Profit
TaxableProfit
|
600000 | myr | |
ASFH |
Taxable Profit
TaxableProfit
|
136289 | usd | |
ASFH |
Taxable Profit Remaining Balance Tax Rate
TaxableProfitRemainingBalanceTaxRate
|
0.24 | pure | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1118281 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
114400 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
1003881 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1385097 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-381216 | usd | |
CY2023Q2 | us-gaap |
Assets
Assets
|
2906046 | usd |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
17141 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1118281 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
114400 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
1003881 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1385097 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-381216 | usd | |
CY2023Q2 | us-gaap |
Assets
Assets
|
2906046 | usd |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
17141 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
50946 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-50946 | usd | |
CY2022Q2 | us-gaap |
Assets
Assets
|
926857 | usd |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
50946 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-50946 | usd | |
CY2022Q2 | us-gaap |
Assets
Assets
|
926857 | usd |