2022 Q3 Form 10-Q Financial Statement

#000149315222022006 Filed on August 11, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $663.9K $396.7K $210.1K
YoY Change 229.83% 30.59% -59.26%
Cost Of Revenue $157.7K $109.4K $147.5K
YoY Change 330.29% 207.06% 25.59%
Gross Profit $506.1K $287.3K $62.65K
YoY Change 207.46% 7.15% -84.27%
Gross Profit Margin 76.24% 72.43% 29.82%
Selling, General & Admin $532.1K $531.0K $804.7K
YoY Change 0.46% 14.75% -5.74%
% of Gross Profit 105.12% 184.79% 1284.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.48K $17.95K $19.36K
YoY Change -9.02% -5.55% -0.26%
% of Gross Profit 3.45% 6.25% 30.9%
Operating Expenses $699.5K $593.5K $804.7K
YoY Change 32.07% -12.35% -5.74%
Operating Profit -$193.3K -$306.2K -$742.1K
YoY Change -47.04% -25.14% 62.93%
Interest Expense -$67.08K -$99.11K -$111.4K
YoY Change -67.93% -58.88% -127.3%
% of Operating Profit
Other Income/Expense, Net -$65.91K -$97.77K $17.44K
YoY Change 466.2% -57.35% -82.79%
Pretax Income -$259.2K -$404.0K -$836.0K
YoY Change -55.75% -36.71% -1653.65%
Income Tax -$19.00K $392.00 $141.5K
% Of Pretax Income
Net Earnings -$240.7K -$414.9K -$977.1K
YoY Change -57.86% -35.4% -1259.9%
Net Earnings / Revenue -36.26% -104.59% -465.04%
Basic Earnings Per Share $0.00 -$0.01
Diluted Earnings Per Share -$3.190K -$5.499K -$2.602K
COMMON SHARES
Basic Shares Outstanding 75.45M shares 75.45M shares
Diluted Shares Outstanding 75.45M shares 75.45M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.585M $1.807M $2.598M
YoY Change -44.98% -45.24% -26.15%
Cash & Equivalents $1.585M $1.807M $2.598M
Short-Term Investments
Other Short-Term Assets $459.4K $580.6K $937.5K
YoY Change -43.03% -28.46% -33.08%
Inventory $275.4K $346.7K $375.5K
Prepaid Expenses
Receivables $1.720K $214.00
Other Receivables $0.00 $4.550K $7.010K
Total Short-Term Assets $2.355M $2.678M $3.912M
YoY Change -43.57% -41.89% -31.18%
LONG-TERM ASSETS
Property, Plant & Equipment $148.8K $169.9K $215.8K
YoY Change -70.11% -69.47% -68.84%
Goodwill
YoY Change
Intangibles $2.052K $2.601K $3.660K
YoY Change
Long-Term Investments $25.77K $37.21K $90.50K
YoY Change -87.25% -90.97% -84.36%
Other Assets $449.2K $443.7K $264.7K
YoY Change 15.45% 42.76% 6.1%
Total Long-Term Assets $739.8K $812.0K $812.4K
YoY Change -32.32% -36.75% -46.77%
TOTAL ASSETS
Total Short-Term Assets $2.355M $2.678M $3.912M
Total Long-Term Assets $739.8K $812.0K $812.4K
Total Assets $3.095M $3.490M $4.725M
YoY Change -41.24% -40.77% -34.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.33K $35.93K $13.72K
YoY Change -29.48% -0.91%
Accrued Expenses $565.9K $594.9K $836.0K
YoY Change -0.24% 7.22% 19.33%
Deferred Revenue $68.87K $89.61K $279.7K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $850.0K $924.5K $1.313M
YoY Change -1.87% 7.45% 26.41%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $430.00 $10.81K $83.48K
YoY Change -99.63% -93.13% -65.43%
Total Long-Term Liabilities $429.00 $28.79K $99.06K
YoY Change -99.64% -81.71% -58.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $850.0K $924.5K $1.313M
Total Long-Term Liabilities $429.00 $28.79K $99.06K
Total Liabilities $850.4K $953.3K $1.412M
YoY Change -13.57% -6.34% 9.81%
SHAREHOLDERS EQUITY
Retained Earnings -$4.213M -$3.973M -$3.259M
YoY Change
Common Stock $7.545K $7.545K $29.05K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.234M $2.526M $3.313M
YoY Change
Total Liabilities & Shareholders Equity $3.095M $3.490M $4.725M
YoY Change -41.24% -40.77% -34.48%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income -$240.7K -$414.9K -$977.1K
YoY Change -57.86% -35.4% -1259.9%
Depreciation, Depletion And Amortization $17.48K $17.95K $19.36K
YoY Change -9.02% -5.55% -0.26%
Cash From Operating Activities -$244.1K -$342.2K -$304.4K
YoY Change -39.97% 6179.08% -263.9%
INVESTING ACTIVITIES
Capital Expenditures -$5.030K -$750.00 $10.00
YoY Change 82.91% -38.52% -133.33%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$5.030K -$750.00 $10.00
YoY Change 82.91% -38.52% -88.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.540K -178.9K 4.220K
YoY Change -17.19% 1659.39% -109.77%
NET CHANGE
Cash From Operating Activities -244.1K -342.2K -304.4K
Cash From Investing Activities -5.030K -750.0 10.00
Cash From Financing Activities -5.540K -178.9K 4.220K
Net Change In Cash -254.7K -521.9K -300.2K
YoY Change -38.79% 2999.11% -310.47%
FREE CASH FLOW
Cash From Operating Activities -$244.1K -$342.2K -$304.4K
Capital Expenditures -$5.030K -$750.00 $10.00
Free Cash Flow -$239.1K -$341.5K -$304.4K
YoY Change -40.81% 7972.34% -263.88%

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us-gaap Gross Profit
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CY2022Q2 us-gaap Sales Commissions And Fees
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CY2021Q2 us-gaap Sales Commissions And Fees
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us-gaap Sales Commissions And Fees
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us-gaap Sales Commissions And Fees
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CY2022Q2 us-gaap General And Administrative Expense
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CY2021Q2 us-gaap General And Administrative Expense
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CY2021Q2 us-gaap Provision For Doubtful Accounts
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CY2022Q2 us-gaap Operating Expenses
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CY2021Q2 us-gaap Operating Expenses
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CY2022Q2 us-gaap Investment Income Interest
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us-gaap Investment Income Interest
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CY2022Q2 us-gaap Marketable Securities Unrealized Gain Loss
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CY2021Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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us-gaap Marketable Securities Unrealized Gain Loss
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CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2022Q2 us-gaap Nonoperating Income Expense
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CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022Q2 us-gaap Income Tax Expense Benefit
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CY2021Q2 us-gaap Income Tax Expense Benefit
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CY2022Q2 us-gaap Profit Loss
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CY2021Q2 us-gaap Profit Loss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
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CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Net Income Loss
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CY2021Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax
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CY2022Q2 us-gaap Earnings Per Share Basic
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CY2021Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Depreciation
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us-gaap Cost Of Goods And Services Sold Amortization
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CostOfGoodsAndServicesSoldAmortization
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MarketableSecuritiesUnrealizedGainLoss
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us-gaap Provision For Doubtful Accounts
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us-gaap Increase Decrease In Prepaid Taxes
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IncreaseDecreaseInPrepaidExpensesOther
15120 usd
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IncreaseDecreaseInOtherAccountsPayable
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us-gaap Increase Decrease In Accounts Payable Related Parties
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us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Machinery And Equipment
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us-gaap Payments To Acquire Machinery And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Proceeds From Repayments Of Related Party Debt
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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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 Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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3300800 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
249583 usd
AATP Changes In Right Of Use Assets And Lease Liabilities Due To Lease Modifications
ChangesInRightOfUseAssetsAndLeaseLiabilitiesDueToLeaseModifications
3286 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
53034 usd
us-gaap Use Of Estimates
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<p id="xdx_847_eus-gaap--UseOfEstimates_zSQNzrwYC0rd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Use of estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of audited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant accounting estimates reflected in the Company’s consolidated financial statements include allowance for doubtful accounts, allowance for inventories obsolescence, useful lives of property and equipment, useful lives of intangible assets, impairment of long-lived assets, allowance for deferred tax assets, operating right-of-use assets, operating lease liabilities and uncertain tax position and impairment of investment in non-marketable securities. Actual results could differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Inventory Write Down
InventoryWriteDown
36636 usd
us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
greater than 50%
CY2022Q2 AATP Allowance For Doubtful Accounts Receivables Current
AllowanceForDoubtfulAccountsReceivablesCurrent
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CY2021Q4 AATP Allowance For Doubtful Accounts Receivables Current
AllowanceForDoubtfulAccountsReceivablesCurrent
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CY2022Q2 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
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us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
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CY2022Q2 AATP Forfeited Coupon Income
ForfeitedCouponIncome
4824 usd
CY2021Q2 AATP Forfeited Coupon Income
ForfeitedCouponIncome
4115 usd
AATP Forfeited Coupon Income
ForfeitedCouponIncome
5777 usd
AATP Forfeited Coupon Income
ForfeitedCouponIncome
11226 usd
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0 usd
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2021Q2 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
395 usd
us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
395 usd
CY2022Q2 us-gaap Revenues
Revenues
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CY2021Q2 us-gaap Revenues
Revenues
303786 usd
us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
605566 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
182814 usd
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
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us-gaap Inventory Write Down
InventoryWriteDown
36636 usd
CY2022Q2 us-gaap Advertising Expense
AdvertisingExpense
4765 usd
CY2021Q2 us-gaap Advertising Expense
AdvertisingExpense
8721 usd
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
63408 usd
us-gaap Advertising Expense
AdvertisingExpense
4765 usd
us-gaap Advertising Expense
AdvertisingExpense
16658 usd
CY2022Q2 AATP Sales Commissions And Fees1
SalesCommissionsAndFees1
62557 usd
CY2021Q2 AATP Sales Commissions And Fees1
SalesCommissionsAndFees1
92774 usd
AATP Sales Commissions And Fees1
SalesCommissionsAndFees1
176666 usd
AATP Sales Commissions And Fees1
SalesCommissionsAndFees1
181213 usd
CY2022Q2 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
35936 usd
CY2021Q2 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
27067 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
214 usd
CY2022Q2 AATP Deposits To Supplier
DepositsToSupplier
240592 usd
CY2021Q4 AATP Deposits To Supplier
DepositsToSupplier
301233 usd
CY2021 AATP Allowance For Doubtful Accounts Receivable Exchange Rate Effect
AllowanceForDoubtfulAccountsReceivableExchangeRateEffect
-419 usd
us-gaap Minority Interest Description
MinorityInterestDescription
Non-controlling interest consists of 40% of the equity interests of DSY Wellness held by an individual and approximately 0.01% (2 ordinary shares out of 9,590,598 shares) of the equity interests of ASL held by two individuals
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q2 AATP Prepaid Expenses Gross
PrepaidExpensesGross
299069 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1807437 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2597848 usd
CY2022Q2 us-gaap Cash
Cash
666779 usd
CY2021Q4 us-gaap Cash
Cash
554864 usd
CY2022Q2 us-gaap Time Deposits
TimeDeposits
1134542 usd
CY2021Q4 us-gaap Time Deposits
TimeDeposits
1975347 usd
CY2022Q2 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
319994 usd
CY2021Q4 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
295761 usd
CY2021Q4 AATP Prepaid Expenses Gross
PrepaidExpensesGross
416612 usd
CY2022Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
214 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
346744 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
375535 usd
CY2022Q2 AATP Receivables From Sales Distributors
ReceivablesFromSalesDistributors
58477 usd
CY2021Q4 AATP Receivables From Sales Distributors
ReceivablesFromSalesDistributors
115379 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
120372 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
121095 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
178697 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
295517 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
121095 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
121514 usd
AATP Allowance For Doubtful Accounts Receivable Exchange Rate Effect
AllowanceForDoubtfulAccountsReceivableExchangeRateEffect
-723 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
120372 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
121095 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
480921 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
505755 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
311006 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
289956 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
169915 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
215799 usd
CY2022Q2 us-gaap Depreciation
Depreciation
17954 usd
CY2021Q2 us-gaap Depreciation
Depreciation
19009 usd
us-gaap Depreciation
Depreciation
36661 usd
us-gaap Depreciation
Depreciation
38179 usd
CY2022Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
32710 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
34453 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30109 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30793 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2601 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3660 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
439 usd
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
496 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
897 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1006 usd
CY2022Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
89001 usd
CY2021Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
577035 usd
CY2021Q4 AATP Investments Income Dividend
InvestmentsIncomeDividend
-18939 usd
CY2022Q2 AATP Marketable Securities Unrealized Holding Gain Loss
MarketableSecuritiesUnrealizedHoldingGainLoss
52889 usd
CY2021Q4 AATP Marketable Securities Unrealized Holding Gain Loss
MarketableSecuritiesUnrealizedHoldingGainLoss
505231 usd
CY2022Q2 AATP Exchange Rate Effect On Investment In Marketable Securites
ExchangeRateEffectOnInvestmentInMarketableSecurites
-405 usd
CY2021Q4 AATP Exchange Rate Effect On Investment In Marketable Securites
ExchangeRateEffectOnInvestmentInMarketableSecurites
-1742 usd
CY2022Q2 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
14407 usd
CY2022Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
35707 usd
CY2021Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
89001 usd
CY2022Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
142622 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
436541 usd
CY2022Q2 AATP Accrued Promotion Expenses Current
AccruedPromotionExpensesCurrent
40360 usd
CY2021Q4 AATP Accrued Promotion Expenses Current
AccruedPromotionExpensesCurrent
36024 usd
CY2022Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
54018 usd
CY2021Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
22669 usd
CY2022Q2 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
247645 usd
CY2021Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
219721 usd
CY2022Q2 AATP Accrued Tax Penalty Current
AccruedTaxPenaltyCurrent
75000 usd
CY2021Q4 AATP Accrued Tax Penalty Current
AccruedTaxPenaltyCurrent
75000 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
77388 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
68400 usd
CY2022Q2 AATP Other Account Payable And Accrued Liabilities
OtherAccountPayableAndAccruedLiabilities
637033 usd
CY2021Q4 AATP Other Account Payable And Accrued Liabilities
OtherAccountPayableAndAccruedLiabilities
858355 usd
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q2 us-gaap Due From Related Parties
DueFromRelatedParties
4548 usd
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
7004 usd
CY2022Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
2082 usd
CY2022Q2 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
63664 usd
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
75431 usd
CY2022Q2 AATP Related Party Transaction Other Purchases From Related Party
RelatedPartyTransactionOtherPurchasesFromRelatedParty
69 usd
AATP Related Party Transaction Other Purchases From Related Party
RelatedPartyTransactionOtherPurchasesFromRelatedParty
69 usd
CY2022Q2 AATP Sales Commissions And Fee
SalesCommissionsAndFee
2443 usd
AATP Sales Commissions And Fee
SalesCommissionsAndFee
5148 usd
CY2022Q2 AATP Related Party Office Rental Expenses
RelatedPartyOfficeRentalExpenses
5602 usd
AATP Related Party Office Rental Expenses
RelatedPartyOfficeRentalExpenses
11203 usd
CY2021Q2 AATP Related Party Other Income
RelatedPartyOtherIncome
1458 usd
AATP Related Party Other Income
RelatedPartyOtherIncome
2929 usd
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
75452012 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75452012 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
290460047 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
290460047 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q2 us-gaap Minority Interest
MinorityInterest
10601 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
-336 usd
CY2022Q2 AATP Non Controlling Interest Paidin Capital
NonControllingInterestPaidinCapital
97 usd
CY2021Q4 AATP Non Controlling Interest Paidin Capital
NonControllingInterestPaidinCapital
97 usd
CY2022Q2 AATP Non Controlling Interest Accumulated Deficit
NonControllingInterestAccumulatedDeficit
10773 usd
CY2021Q4 AATP Non Controlling Interest Accumulated Deficit
NonControllingInterestAccumulatedDeficit
-436 usd
CY2022Q2 AATP Non Controlling Interest Accumulated Other Comprehensive Income
NonControllingInterestAccumulatedOtherComprehensiveIncome
-269 usd
CY2021Q4 AATP Non Controlling Interest Accumulated Other Comprehensive Income
NonControllingInterestAccumulatedOtherComprehensiveIncome
3 usd
CY2022Q2 AATP Non Controlling Interest Non Controlling Interest Gross
NonControllingInterestNonControllingInterestGross
10601 usd
CY2021Q4 AATP Non Controlling Interest Non Controlling Interest Gross
NonControllingInterestNonControllingInterestGross
-336 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-187379 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-96370 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-293804 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-204295 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-403952 usd
CY2022Q2 us-gaap Deposits
Deposits
666779 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-638254 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-694110 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-965784 usd
CY2021Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
22205 usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
22205 usd
CY2022Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
392 usd
CY2021Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
14461 usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
8680 usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
41185 usd
CY2021Q2 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-32695 usd
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-53299 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
392 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3971 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8680 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10091 usd
AATP Tax Rate Description
TaxRateDescription
In addition, the Tax Cuts and Jobs Act imposed a global intangible low-taxed income (“GILTI”) tax, which is a tax on certain off-shore earnings at an effective rate of 10.5% for tax years (50% deduction of the current enacted tax rate of 21%) with a partial offset for 80% foreign tax credits. If the foreign tax rate is 13.125% or higher, there will be no U.S. corporate tax after the 80% foreign tax credits are applied
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Stock Split
AdjustmentsToAdditionalPaidInCapitalStockSplit
600000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Split
AdjustmentsToAdditionalPaidInCapitalStockSplit
150000
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
501391 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
357383 usd
CY2022Q2 AATP Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
-17975 usd
CY2021Q4 AATP Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
-15574 usd
CY2022Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
17975 usd
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
15574 usd
CY2021Q4 us-gaap Deposits
Deposits
554864 usd
CY2022Q2 AATP Deposit For Insurance
DepositForInsurance
319994 usd
CY2021Q4 AATP Deposit For Insurance
DepositForInsurance
295761 usd
CY2021Q2 AATP Lease Expiration Term
LeaseExpirationTerm
2023-05-31
CY2021Q2 AATP Increase Decrease In Rou Assets And Liabilities
IncreaseDecreaseInROUAssetsAndLiabilities
3250 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
155474 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10898 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
166372 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4987 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
161385 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
11416 usd
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
54237 usd
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
45560 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
98312 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
91521 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
usd

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