$ASST
Asset Entities Inc. Stock $asst

$asst Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000121390024043619 Filed on May 15, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023 Q1
Revenue	$124.8K	$80.86K	$61.14K
YoY Change	104.21%	28.41%	-51.5%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$1.512M	$1.429M	$1.132M
YoY Change	33.5%	384.11%
% of Gross Profit
Research & Development	$119.0K		$0.00
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.068K	$510.00	$0.00
YoY Change
% of Gross Profit
Operating Expenses	$1.512M	$1.429M	$1.132M
YoY Change	33.5%	384.11%	438.57%
Operating Profit	-$1.387M		-$1.071M
YoY Change	29.47%		1172.27%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$1.387M	-$1.348M	-$1.071M
YoY Change	29.47%	480.56%
Income Tax
% Of Pretax Income
Net Earnings	-$1.387M	-$1.348M	-$1.071M
YoY Change	29.47%	480.56%	1172.27%
Net Earnings / Revenue	-1110.94%	-1667.57%	-1752.27%
Basic Earnings Per Share	-$0.10		-$0.09
Diluted Earnings Per Share	-$0.36	-$0.09	-$0.09
COMMON SHARES
Basic Shares Outstanding	14.17M shares		12.46M shares
Diluted Shares Outstanding	13.58M shares		12.46M shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.870M	$2.924M	$5.922M
YoY Change	-68.43%	2031.74%
Cash & Equivalents	$1.870M	$2.924M	$5.922M
Short-Term Investments
Other Short-Term Assets	$151.3K	$38.68K	$86.43K
YoY Change	75.02%	-83.6%
Inventory
Prepaid Expenses	$151.3K	$38.68K	$86.43K
Receivables			$2.995K
Other Receivables			$0.00
Total Short-Term Assets	$2.021M	$2.963M	$6.012M
YoY Change	-66.38%	694.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$23.66K	$12.83K
YoY Change
Goodwill
YoY Change
Intangibles	$100.0K	$100.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$123.7K	$112.8K	$0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$2.021M	$2.963M	$6.012M
Total Long-Term Assets	$123.7K	$112.8K	$0.00
Total Assets	$2.145M	$3.076M	$6.012M
YoY Change	-64.32%	724.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue	$2.031K	$3.445K	$4.045K
YoY Change	-49.79%	-25.88%
Short-Term Debt	$280.4K	$150.1K	$184.5K
YoY Change	51.99%	-30.05%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$282.5K	$153.5K	$188.5K
YoY Change	49.81%	-29.97%
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	$282.5K	$153.5K	$188.5K
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$282.5K	$153.5K	$188.5K
YoY Change	49.81%	-29.97%
SHAREHOLDERS EQUITY
Retained Earnings	-$6.945M	-$5.558M	-$1.698M
YoY Change	308.93%	786.33%
Common Stock	$8.983M	$0.00	$7.520M
YoY Change	19.45%	-100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)		$176.9K
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.862M	$2.922M	$5.823M
YoY Change
Total Liabilities & Shareholders Equity	$2.145M	$3.076M	$6.012M
YoY Change	-64.32%	724.57%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023 Q1
OPERATING ACTIVITIES
Net Income	-$1.387M	-$1.348M	-$1.071M
YoY Change	29.47%	480.56%	1172.27%
Depreciation, Depletion And Amortization	$1.068K	$510.00	$0.00
YoY Change
Cash From Operating Activities	-$1.043M	-$854.1K	-$829.9K
YoY Change	25.63%	307.43%	1005.46%
INVESTING ACTIVITIES
Capital Expenditures	$11.90K	$106.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$11.90K	-$106.0K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-136.7K	$6.615M
YoY Change		-141.44%	8720.16%
NET CHANGE
Cash From Operating Activities	-$1.043M	-854.1K	-$829.9K
Cash From Investing Activities	-$11.90K	-106.0K
Cash From Financing Activities		-136.7K	$6.615M
Net Change In Cash	-$1.055M	-1.097M	$5.785M
YoY Change	-118.23%	-1011.91%	-7513312.99%
FREE CASH FLOW
Cash From Operating Activities	-$1.043M	-$854.1K	-$829.9K
Capital Expenditures	$11.90K	$106.0K
Free Cash Flow	-$1.055M	-$960.1K	-$829.9K
YoY Change	27.06%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.36
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	13577993	shares
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	001-41612
CY2024Q1	dei	Entity Registrant Name EntityRegistrantName	ASSET ENTITIES INC.
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	88-1293236
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	100 Crescent Ct
CY2024Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	7th Floor
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Dallas
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	75201
CY2024Q1	dei	City Area Code CityAreaCode	(214)
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	459-3117
CY2024Q1	dei	Security12b Title Security12bTitle	Class B Common Stock, $0.0001 par value per share
CY2024Q1	dei	Trading Symbol TradingSymbol	ASST
CY2024Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2024Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1869786	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2924323	usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	151274	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	38681	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	2021060	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	2963004	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	23659	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	12825	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	100000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	100000	usd
CY2024Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	123659	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	112825	usd
CY2024Q1	us-gaap	Assets Assets	2144719	usd
CY2023Q4	us-gaap	Assets Assets	3075829	usd
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	280433	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	150096	usd
CY2024Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	2031	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	3445	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	282464	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	153541	usd
CY2024Q1	us-gaap	Liabilities Liabilities	282464	usd
CY2023Q4	us-gaap	Liabilities Liabilities	153541	usd
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	176876	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	176876	usd
CY2024Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	8982907	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	8656036	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-6945219	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-5558315	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1862255	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	2922288	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2144719	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3075829	usd
CY2024Q1	us-gaap	Revenues Revenues	124841	usd
CY2023Q1	us-gaap	Revenues Revenues	61135	usd
CY2024Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	127139	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	36581	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	522039	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	345941	usd
CY2024Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	862567	usd
CY2023Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	749864	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	1511745	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	1132386	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1386904	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1071251	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-1386904	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1071251	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.1
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.09
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14174410	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	12464256	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	2922288	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	326871	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-1386904	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1862255	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	153783	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	6540493	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	200210	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1071251	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	5823235	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-1386904	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1071251	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	326871	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	200210	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1068	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2995	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	112593	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	86432	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	130337	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	131125	usd
CY2024Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-1414	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-603	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1042635	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-829946	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11902	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-11902	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6615120	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6615120	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-1054537	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	5785174	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
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1869786	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5922351	usd
CY2024Q1	asst	Conversion From Class A To Class B Common Stock ConversionFromClassAToClassBCommonStock	85	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-6945219	usd
CY2024Q1	us-gaap	Cash Cash	1869786	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-1386904	usd
CY2023	asst	Purchase Of Second Triton Shares PurchaseOfSecondTritonShares	621590	shares
CY2024Q1	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 interim 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 interim 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>
CY2024Q1	us-gaap	Cash Uninsured Amount CashUninsuredAmount	250000	usd
CY2024Q1	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	1380000	usd
CY2024Q1	us-gaap	Management Fee Payable ManagementFeePayable	143915	usd
CY2023Q1	us-gaap	Management Fee Payable ManagementFeePayable	19697	usd
CY2024Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	119009	usd
CY2023Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	0	usd
CY2024Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	2031	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	3445	usd
CY2024Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	862567	usd
CY2023Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	749864	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	25461	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	13559	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1802	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	734	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	23659	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	12825	usd
CY2024Q1	us-gaap	Depreciation Depreciation	1068	usd
CY2023Q1	us-gaap	Depreciation Depreciation	0	usd
CY2024Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	100000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	100000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	100000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	100000	usd
CY2022Q1	us-gaap	Stock Issued During Period Shares Stock Splits StockIssuedDuringPeriodSharesStockSplits	250000000	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	250000	shares
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
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	326871	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	200210	usd
CY2024Q2	us-gaap	Sale Of Stock Consideration Received On Transaction SaleOfStockConsiderationReceivedOnTransaction	211341	usd
CY2023Q1	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	16907	usd
CY2023Q1	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	0.34
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	us-gaap	Common Stock Value CommonStockValue		usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue		usd
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.06
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10249315	shares
CY2024Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities		usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization		usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable		usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		usd
CY2023Q1	asst	Conversion From Class A To Class B Common Stock ConversionFromClassAToClassBCommonStock		usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization		usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization		usd
CY2023	asst	Recognized Over Weightedaverage Period RecognizedOverWeightedaveragePeriod	P1Y317D
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001920406

Files In Submission

Name	View Source	Status
asst-20240331_cal.xml	Edgar Link	unprocessable
0001213900-24-043619-index-headers.html	Edgar Link	pending
0001213900-24-043619-index.html	Edgar Link	pending
0001213900-24-043619.txt	Edgar Link	pending
0001213900-24-043619-xbrl.zip	Edgar Link	pending
asst-20240331.xsd	Edgar Link	pending
ea0205923-10q_asset.htm	Edgar Link	pending
ea020592301ex10-2_asset.htm	Edgar Link	pending
ea020592301ex10-3_asset.htm	Edgar Link	pending
ea020592301ex10-4_asset.htm	Edgar Link	pending
ea020592301ex10-5_asset.htm	Edgar Link	pending
ea020592301ex10-6_asset.htm	Edgar Link	pending
ea020592301ex10-7_asset.htm	Edgar Link	pending
ea020592301ex31-1_asset.htm	Edgar Link	pending
ea020592301ex31-2_asset.htm	Edgar Link	pending
ea020592301ex32-1_asset.htm	Edgar Link	pending
ea020592301ex32-2_asset.htm	Edgar Link	pending
Financial_Report.xlsx	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
R4.htm	Edgar Link	pending
asst-20240331_def.xml	Edgar Link	unprocessable
asst-20240331_lab.xml	Edgar Link	unprocessable
asst-20240331_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
ea0205923-10q_asset_htm.xml	Edgar Link	completed
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

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$ASST
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2024 Q1 Form 10-Q Financial Statement

#000121390024043619 Filed on May 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ASST Asset Entities Inc. Stock $asst

2024 Q1 Form 10-Q Financial Statement

#000121390024043619 Filed on May 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ASST
Asset Entities Inc. Stock $asst