$ASST
Asset Entities Inc. Stock $asst

$asst Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-K Financial Statement

#000121390024029033 Filed on April 02, 2024

Income Statement

Concept	2023 Q4	2023	2022 Q4
Revenue	$80.86K	$277.0K	$62.97K
YoY Change	28.41%	-19.26%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$1.429M	$5.208M	$295.2K
YoY Change	384.11%	426.96%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$510.00	$730.00
YoY Change
% of Gross Profit
Operating Expenses	$1.429M	$5.208M	$295.2K
YoY Change	384.11%	426.96%
Operating Profit		-$4.931M
YoY Change		664.22%
Interest Expense			$0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$1.348M	-$4.931M	-$232.3K
YoY Change	480.56%	664.22%
Income Tax
% Of Pretax Income
Net Earnings	-$1.348M	-$4.931M	-$232.3K
YoY Change	480.56%	664.22%
Net Earnings / Revenue	-1667.57%	-1779.97%	-368.84%
Basic Earnings Per Share		-$0.36
Diluted Earnings Per Share	-$0.09	-$0.36	-$0.05
COMMON SHARES
Basic Shares Outstanding		13.58M shares
Diluted Shares Outstanding		13.58M shares

Balance Sheet

Concept	2023 Q4	2023	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.924M	$2.924M	$137.2K
YoY Change	2031.74%	2031.74%
Cash & Equivalents	$2.924M		$137.2K
Short-Term Investments
Other Short-Term Assets	$38.68K	$38.68K	$235.8K
YoY Change	-83.6%	-83.6%
Inventory
Prepaid Expenses	$38.68K
Receivables
Other Receivables
Total Short-Term Assets	$2.963M	$2.963M	$373.0K
YoY Change	694.33%	694.33%	535.13%
LONG-TERM ASSETS
Property, Plant & Equipment	$12.83K	$12.83K
YoY Change
Goodwill
YoY Change
Intangibles	$100.0K		$0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$112.8K	$112.8K	$0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$2.963M	$2.963M	$373.0K
Total Long-Term Assets	$112.8K	$112.8K	$0.00
Total Assets	$3.076M	$3.076M	$373.0K
YoY Change	724.57%	724.58%	535.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue	$3.445K		$4.648K
YoY Change	-25.88%		-27.94%
Short-Term Debt	$150.1K	$150.1K	$214.6K
YoY Change	-30.05%	-30.05%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$153.5K	$153.5K	$219.2K
YoY Change	-29.97%	-29.97%	1305.91%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$153.5K	$153.5K	$219.2K
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$153.5K	$153.5K	$219.2K
YoY Change	-29.97%	-29.97%	1305.91%
SHAREHOLDERS EQUITY
Retained Earnings	-$5.558M		-$627.1K
YoY Change	786.33%		-3557.67%
Common Stock	$0.00		$779.8K
YoY Change	-100.0%		211.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$176.9K
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.922M	$2.922M	$153.8K
YoY Change
Total Liabilities & Shareholders Equity	$3.076M	$3.076M	$373.0K
YoY Change	724.57%	724.58%	535.13%

Cashflow Statement

Concept	2023 Q4	2023	2022 Q4
OPERATING ACTIVITIES
Net Income	-$1.348M	-$4.931M	-$232.3K
YoY Change	480.56%	664.22%
Depreciation, Depletion And Amortization	$510.00	$730.00
YoY Change
Cash From Operating Activities	-$854.1K	-$3.808M	-$209.6K
YoY Change	307.43%	531.63%
INVESTING ACTIVITIES
Capital Expenditures	$106.0K	$13.56K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$106.0K	-$113.6K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$6.885M
YoY Change		705351.23%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-136.7K	$6.708M	329.9K
YoY Change	-141.44%	849.82%
NET CHANGE
Cash From Operating Activities	-854.1K	-$3.808M	-209.6K
Cash From Investing Activities	-106.0K	-$113.6K
Cash From Financing Activities	-136.7K	$6.708M	329.9K
Net Change In Cash	-1.097M	$2.787M	120.3K
YoY Change	-1011.91%	2594.3%
FREE CASH FLOW
Cash From Operating Activities	-$854.1K	-$3.808M	-$209.6K
Capital Expenditures	$106.0K	$13.56K
Free Cash Flow	-$960.1K	-$3.821M
YoY Change		533.87%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue		usd
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.06
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.36
CY2023	dei	Document Type DocumentType	10-K
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-41612
CY2023	dei	Entity Registrant Name EntityRegistrantName	ASSET ENTITIES INC.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	88-1293236
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	100 Crescent Ct
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	7th Floor
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Dallas
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	75201
CY2023	dei	City Area Code CityAreaCode	(214)
CY2023	dei	Local Phone Number LocalPhoneNumber	459-3117
CY2023	dei	Security12b Title Security12bTitle	Class B Common Stock, $0.0001 par value per share
CY2023	dei	Trading Symbol TradingSymbol	ASST
CY2023	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	6898619.76	usd
CY2023Q4	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q4	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023	dei	Auditor Firm AuditorFirmId	1171
CY2023	dei	Auditor Name AuditorName	WWC, P.C.
CY2023	dei	Auditor Location AuditorLocation	San Mateo, CA
CY2023Q4	us-gaap	Cash Cash	2924323	usd
CY2022Q4	us-gaap	Cash Cash	137177	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	38681	usd
CY2022Q4	us-gaap	Deferred Costs Current DeferredCostsCurrent	235844	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	2963004	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	373021	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	12825	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	100000	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	112825	usd
CY2023Q4	us-gaap	Assets Assets	3075829	usd
CY2022Q4	us-gaap	Assets Assets	373021	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	150096	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	214590	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	3445	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	4648	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	153541	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	219238	usd
CY2023Q4	us-gaap	Liabilities Liabilities	153541	usd
CY2022Q4	us-gaap	Liabilities Liabilities	219238	usd
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2023Q4	us-gaap	Treasury Stock Value TreasuryStockValue	176876	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	8656036	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	779826	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-5558315	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-627118	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	2922288	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	153783	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3075829	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	373021	usd
CY2023	us-gaap	Revenues Revenues	277038	usd
CY2022	us-gaap	Revenues Revenues	343106	usd
CY2023	us-gaap	Labor And Related Expense LaborAndRelatedExpense	176773	usd
CY2022	us-gaap	Labor And Related Expense LaborAndRelatedExpense	155232	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2183155	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	462971	usd
CY2023	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	2848307	usd
CY2022	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	370158	usd
CY2023	us-gaap	Operating Expenses OperatingExpenses	5208235	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	988361	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	-4931197	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-645255	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-4931197	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-645255	usd
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.36
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.06
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13577993	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10249315	shares
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	43137	usd
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	529925	usd
CY2022	asst	Stock Issued During Period Value Subscription Received StockIssuedDuringPeriodValueSubscriptionReceived	225976	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-645255	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	153783	usd
CY2023	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	6580647	usd
CY2023	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	1295931	usd
CY2023	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	176876	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-4931197	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	2922288	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-4931197	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-645255	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	1295931	usd
CY2023	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734	usd
CY2023	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	38681	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-133207	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	44228	usd
CY2023	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-1203	usd
CY2022	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-1802	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3807623	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-602829	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13559	usd
CY2023	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	100000	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-113559	usd
CY2022	asst	Class A Common Stock Subscription Proceeds Received ClassACommonStockSubscriptionProceedsReceived	976	usd
CY2023	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6885204	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	754925	usd
CY2022	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	49626	usd
CY2023	asst	Reacquisition Of Shares ReacquisitionOfShares	-176876	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6708328	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	706275	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	2787146	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	103446	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	137177	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	33731	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2924323	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	137177	usd
CY2022	asst	Conversion From Class A To Class B Common Stock ConversionFromClassAToClassBCommonStock	137	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-5558315	usd
CY2023Q4	us-gaap	Cash Cash	2924323	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-4931197	usd
CY2023	asst	Purchase Of Second Triton Shares PurchaseOfSecondTritonShares	621590	shares
CY2023	asst	Asset Equity Percentage AssetEquityPercentage	1	pure
CY2023	asst	Net Profits Or Losses Percentage NetProfitsOrLossesPercentage	1	pure
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<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 consolidated financial statements in conformity with GAAP 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 consolidated financial statements and the reported amounts of expenses during the reporting period. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates.</p>
CY2023Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	250000	usd
CY2023Q4	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	2400000	usd
CY2023Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	0	usd
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	5000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	3445	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	4648	usd
CY2023Q4	us-gaap	Management Fee Payable ManagementFeePayable	2848307	usd
CY2022Q4	us-gaap	Management Fee Payable ManagementFeePayable	370158	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	13559	usd
CY2023	us-gaap	Depreciation And Amortization DepreciationAndAmortization	734	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	12825	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	100000	usd
CY2023	us-gaap	Asset Impairment Charges AssetImpairmentCharges	100000	usd
CY2023Q1	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	1500000	shares
CY2023Q1	asst	Underwriting Discounts And Commissions UnderwritingDiscountsAndCommissions	884880	usd
CY2023Q1	asst	Proceeds From Issuance Of Initial Public Offering After Deducting Underwriting Discounts And Commissions ProceedsFromIssuanceOfInitialPublicOfferingAfterDeductingUnderwritingDiscountsAndCommissions	6615120	usd
CY2023Q4	us-gaap	Shares Issued SharesIssued	263410	shares
CY2023Q4	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	40154	usd
CY2023Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	30687	usd
CY2023	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	1911000	shares
CY2022	asst	Shares Received SharesReceived	225000	usd
CY2022Q4	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	0	usd
CY2023Q4	us-gaap	Excess Stock Shares Outstanding ExcessStockSharesOutstanding	6039134	shares
CY2022Q4	us-gaap	Excess Stock Shares Issued ExcessStockSharesIssued	2364724	shares
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	1000000	usd
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum	0.0999	pure
CY2023Q3	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	1000000	usd
CY2023Q3	us-gaap	Percentage Of Weighted Average Cost Inventory PercentageOfWeightedAverageCostInventory	0.85	pure
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	1295931	usd
CY2023	asst	Recognized Over Weightedaverage Period RecognizedOverWeightedaveragePeriod	P2Y1M2D
CY2023Q1	us-gaap	Debt Conversion Converted Instrument Warrants Or Options Issued1 DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1	105000	shares
CY2023	us-gaap	Gain Loss On Sale Of Leased Assets Net Operating Leases GainLossOnSaleOfLeasedAssetsNetOperatingLeases	4931197	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2023	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-1035551	usd
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-135504	usd
CY2023	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	272146	usd
CY2023	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	763405	usd
CY2022	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	135504	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	898909	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	135504	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	898909	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	135504	usd
CY2023Q4	us-gaap	Cash Cash	100000	usd
CY2023Q4	us-gaap	Sale Of Stock Consideration Received On Transaction SaleOfStockConsiderationReceivedOnTransaction	100000	usd
CY2023Q4	asst	Shares Of Stock Consideration SharesOfStockConsideration	123000	shares
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent		usd
CY2023Q4	us-gaap	Deferred Costs Current DeferredCostsCurrent		usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet		usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill		usd
CY2022Q4	us-gaap	Assets Noncurrent AssetsNoncurrent		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue		usd
CY2022Q4	us-gaap	Treasury Stock Value TreasuryStockValue		usd
CY2022	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities		usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation		usd
CY2022	us-gaap	Depreciation And Amortization DepreciationAndAmortization		usd
CY2022	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense		usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2022	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets		usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2023	asst	Class A Common Stock Subscription Proceeds Received ClassACommonStockSubscriptionProceedsReceived		usd
CY2023	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts		usd
CY2022	asst	Reacquisition Of Shares ReacquisitionOfShares		usd
CY2023	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2023	asst	Conversion From Class A To Class B Common Stock ConversionFromClassAToClassBCommonStock		usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2022	us-gaap	Depreciation And Amortization DepreciationAndAmortization		usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet		usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill		usd
CY2023	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges		usd
CY2022	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges		usd
CY2022	us-gaap	Asset Impairment Charges AssetImpairmentCharges		usd
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost		usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2023Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross		usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross		usd
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001920406

Files In Submission

Name	View Source	Status
0001213900-24-029033-index-headers.html	Edgar Link	pending
0001213900-24-029033-index.html	Edgar Link	pending
0001213900-24-029033.txt	Edgar Link	pending
0001213900-24-029033-xbrl.zip	Edgar Link	pending
asst-20231231.xsd	Edgar Link	pending
ea0202974-10k_assetenti.htm	Edgar Link	pending
ea020297401ex10-30_asset.htm	Edgar Link	pending
ea020297401ex10-32_asset.htm	Edgar Link	pending
asst-20231231_cal.xml	Edgar Link	unprocessable
asst-20231231_lab.xml	Edgar Link	unprocessable
asst-20231231_def.xml	Edgar Link	unprocessable
asst-20231231_pre.xml	Edgar Link	unprocessable
ea0202974-10k_assetenti_htm.xml	Edgar Link	completed
ea020297401ex23-1_asset.htm	Edgar Link	pending
ea020297401ex31-1_asset.htm	Edgar Link	pending
ea020297401ex31-2_asset.htm	Edgar Link	pending
ea020297401ex32-1_asset.htm	Edgar Link	pending
ea020297401ex32-2_asset.htm	Edgar Link	pending
ea020297401ex4-1_asset.htm	Edgar Link	pending
ea020297401ex97-1_asset.htm	Edgar Link	pending
ea020297401ex99-1_asset.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
image_001.jpg	Edgar Link	pending
image_002.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$ASST
Asset Entities Inc. Stock $asst

2023 Q4 Form 10-K Financial Statement

#000121390024029033 Filed on April 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ASST Asset Entities Inc. Stock $asst

2023 Q4 Form 10-K Financial Statement

#000121390024029033 Filed on April 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ASST
Asset Entities Inc. Stock $asst