2023 Q2 Form 10-Q Financial Statement

#000149315223017030 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $303.9K $380.8K $409.0K
YoY Change -23.39% -6.89% 35.52%
Cost Of Revenue $107.9K $128.4K $73.43K
YoY Change -1.33% 74.8% -5.36%
Gross Profit $196.0K $252.4K $335.5K
YoY Change -31.78% -24.77% 49.66%
Gross Profit Margin 64.49% 66.29% 82.04%
Selling, General & Admin $533.6K $672.4K $607.8K
YoY Change 0.5% 10.63% 7.25%
% of Gross Profit 272.24% 266.37% 181.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.12K $19.84K $19.17K
YoY Change 0.95% 3.5% -2.59%
% of Gross Profit 9.25% 7.86% 5.71%
Operating Expenses $555.5K $706.3K $607.8K
YoY Change -6.4% 16.21% 7.25%
Operating Profit -$359.5K -$453.9K -$272.2K
YoY Change 17.42% 66.73% -20.52%
Interest Expense -$28.28K $7.230K -$29.41K
YoY Change -71.47% -124.58% -379.56%
% of Operating Profit
Other Income/Expense, Net -$22.36K $15.59K $11.49K
YoY Change -77.13% 35.71% 157.62%
Pretax Income -$381.9K -$438.3K -$290.2K
YoY Change -5.46% 51.05% -11.41%
Income Tax -$2.439K -$4.217K $8.290K
% Of Pretax Income
Net Earnings -$374.7K -$425.8K -$299.1K
YoY Change -9.69% 42.37% -10.36%
Net Earnings / Revenue -123.28% -111.84% -73.14%
Basic Earnings Per Share $0.00 -$0.01 $0.00
Diluted Earnings Per Share $0.00 -$0.01 -$2.427K
COMMON SHARES
Basic Shares Outstanding 75.45M shares 75.45M shares 123.2M shares
Diluted Shares Outstanding 75.45M shares 75.45M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $653.8K $1.120M $2.442M
YoY Change -63.83% -54.14% -27.21%
Cash & Equivalents $653.8K $1.120M $1.591M
Short-Term Investments
Other Short-Term Assets $186.7K $206.4K $559.0K
YoY Change -67.84% -63.07% -54.18%
Inventory $66.06K $45.42K $380.0K
Prepaid Expenses
Receivables $5.303K $4.017K $930.00
Other Receivables $1.420K $1.850K $4.760K
Total Short-Term Assets $941.4K $1.425M $3.387M
YoY Change -64.84% -57.93% -33.9%
LONG-TERM ASSETS
Property, Plant & Equipment $105.7K $160.5K $401.2K
YoY Change -37.81% -60.0% -34.79%
Goodwill
YoY Change
Intangibles $19.73K $22.41K
YoY Change 658.48%
Long-Term Investments $25.33K $21.50K $72.56K
YoY Change -31.93% -70.37% -88.87%
Other Assets $528.4K $510.3K $264.7K
YoY Change 19.11% 92.77% -2.15%
Total Long-Term Assets $963.8K $756.3K $741.6K
YoY Change 18.7% 1.98% -51.94%
TOTAL ASSETS
Total Short-Term Assets $941.4K $1.425M $3.387M
Total Long-Term Assets $963.8K $756.3K $741.6K
Total Assets $1.905M $2.181M $4.128M
YoY Change -45.4% -47.16% -38.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $145.4K $140.6K $21.90K
YoY Change 304.7% 542.05% -39.64%
Accrued Expenses $452.3K $498.7K $633.6K
YoY Change -23.97% -21.29% 2.32%
Deferred Revenue $312.2K $343.9K
YoY Change 248.4%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $968.3K $1.051M $1.058M
YoY Change 4.74% -0.69% 15.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $186.3K $44.61K
YoY Change 1623.4% -77.26%
Total Long-Term Liabilities $186.3K $0.00 $44.61K
YoY Change 547.17% -100.0% -77.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $968.3K $1.051M $1.058M
Total Long-Term Liabilities $186.3K $0.00 $44.61K
Total Liabilities $1.155M $1.051M $1.126M
YoY Change 21.12% -6.71% 1.19%
SHAREHOLDERS EQUITY
Retained Earnings -$5.746M -$5.371M
YoY Change 44.64%
Common Stock $7.545K $7.545K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $743.8K $1.118M $3.002M
YoY Change
Total Liabilities & Shareholders Equity $1.905M $2.181M $4.128M
YoY Change -45.4% -47.16% -38.07%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$374.7K -$425.8K -$299.1K
YoY Change -9.69% 42.37% -10.36%
Depreciation, Depletion And Amortization $18.12K $19.84K $19.17K
YoY Change 0.95% 3.5% -2.59%
Cash From Operating Activities -$469.6K -$272.6K -$151.1K
YoY Change 37.23% 80.36% 16.88%
INVESTING ACTIVITIES
Capital Expenditures -$32.27K $38.77K
YoY Change 4202.67%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $32.27K -$38.77K
YoY Change -4402.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.90K -$6.961K
YoY Change -91.11%
NET CHANGE
Cash From Operating Activities -469.6K -$272.6K -151.1K
Cash From Investing Activities 32.27K -$38.77K
Cash From Financing Activities -15.90K -$6.961K
Net Change In Cash -453.2K -$318.5K $0.00
YoY Change -13.15%
FREE CASH FLOW
Cash From Operating Activities -$469.6K -$272.6K -$151.1K
Capital Expenditures -$32.27K $38.77K
Free Cash Flow -$437.3K -$311.3K
YoY Change 28.08%

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CY2023Q1 us-gaap Profit Loss
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CY2022Q1 us-gaap Profit Loss
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CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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2077 usd
CY2022Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
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CY2023Q1 us-gaap Earnings Per Share Basic
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CY2022Q1 us-gaap Earnings Per Share Basic
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CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75452012 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021Q4 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 Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023Q1 us-gaap Depreciation
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19841 usd
CY2022Q1 us-gaap Depreciation
Depreciation
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CY2023Q1 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
1581 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold Amortization
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CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2022Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2023Q1 us-gaap Marketable Securities Unrealized Gain Loss
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CY2022Q1 us-gaap Marketable Securities Unrealized Gain Loss
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CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
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1211 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
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3363 usd
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CY2022Q1 us-gaap Increase Decrease In Due From Other Related Parties Current
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CY2023Q1 us-gaap Increase Decrease In Inventories
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CY2022Q1 us-gaap Increase Decrease In Inventories
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CY2023Q1 us-gaap Increase Decrease In Prepaid Taxes
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CY2022Q1 us-gaap Increase Decrease In Prepaid Taxes
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CY2022Q1 us-gaap Increase Decrease In Prepaid Expenses Other
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CY2023Q1 us-gaap Increase Decrease In Other Accounts Payable
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16484 usd
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CY2023Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
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CY2022Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
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CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
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CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
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CY2023Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2022Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2023Q1 us-gaap Increase Decrease In Due To Other Related Parties Current
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CY2022Q1 us-gaap Increase Decrease In Due To Other Related Parties Current
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19341 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
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333 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023Q1 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
38768 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2023Q1 us-gaap Payments Of Debt Issuance Costs
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6961 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q1 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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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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1438430 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1119933 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10661 usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
39317 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 usd
CY2023Q1 us-gaap Use Of Estimates
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<p id="xdx_840_eus-gaap--UseOfEstimates_zXO0OCXBCUL6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_868_zNSNZmnVaq18">Use of estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of unaudited 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 unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant accounting estimates reflected in the Company’s unaudited condensed consolidated financial statements include allowance for inventories obsolescence, impairment of long-lived assets and allowance for deferred tax assets. Actual results could differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 AATP Allowance For Doubtful Accounts Receivables Current
AllowanceForDoubtfulAccountsReceivablesCurrent
0 usd
CY2022Q4 AATP Allowance For Doubtful Accounts Receivables Current
AllowanceForDoubtfulAccountsReceivablesCurrent
0 usd
CY2023Q1 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
207966 usd
CY2022Q4 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
231187 usd
CY2020Q2 us-gaap Operating Lease Liability
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490000 usd
CY2023Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0 usd
CY2022 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
191100 usd
CY2023Q1 AATP Forfeited Coupon Income
ForfeitedCouponIncome
22959 usd
CY2022Q1 AATP Forfeited Coupon Income
ForfeitedCouponIncome
953 usd
CY2023Q1 us-gaap Revenues
Revenues
380767 usd
CY2022Q1 us-gaap Revenues
Revenues
408960 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
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128359 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
73431 usd
CY2023Q1 us-gaap Accrued Sales Commission Current
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210702 usd
CY2023Q1 us-gaap Advertising Expense
AdvertisingExpense
0 usd
CY2022Q1 us-gaap Advertising Expense
AdvertisingExpense
0 usd
CY2023Q1 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
33942 usd
CY2022Q1 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
114109 usd
CY2023Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
43713 usd
CY2022Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
28012 usd
CY2023Q1 us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
greater than 50%
CY2023Q1 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2022Q1 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2022Q4 us-gaap Accrued Sales Commission Current
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216049 usd
CY2023Q1 AATP Accrued Tax Penalty Current
AccruedTaxPenaltyCurrent
75000 usd
CY2022Q4 AATP Accrued Tax Penalty Current
AccruedTaxPenaltyCurrent
75000 usd
CY2023Q1 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
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
16797 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
37852 usd
CY2023Q1 AATP Other Account Payable And Accrued Liabilities
OtherAccountPayableAndAccruedLiabilities
586675 usd
CY2022Q4 AATP Other Account Payable And Accrued Liabilities
OtherAccountPayableAndAccruedLiabilities
713277 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1119933 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1438430 usd
CY2023Q1 us-gaap Cash
Cash
430812 usd
CY2022Q4 us-gaap Cash
Cash
523619 usd
CY2023Q1 us-gaap Time Deposits
TimeDeposits
689122 usd
CY2022Q4 us-gaap Time Deposits
TimeDeposits
914811 usd
CY2022Q1 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Time Deposits
PercentageOfInterestBearingDomesticDepositsToDepositsTimeDeposits
0.0110 pure
CY2023Q1 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
207966 usd
CY2022Q4 us-gaap Time Deposit Liability Uninsured
TimeDepositLiabilityUninsured
231187 usd
CY2023Q1 AATP Commission Payments Descriptions
CommissionPaymentsDescriptions
The eWallet is primarily for the crediting of any commission payment that falls below RM100 (or $22.70)
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
4017 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
2826 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4017 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2826 usd
CY2023Q1 us-gaap Inventory Finished Goods
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45423 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
46277 usd
CY2023Q1 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2022Q1 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2023Q1 AATP Receivables From Sales Distributors
ReceivablesFromSalesDistributors
47243 usd
CY2022Q4 AATP Receivables From Sales Distributors
ReceivablesFromSalesDistributors
43596 usd
CY2023Q1 AATP Deposits To Supplier
DepositsToSupplier
119799 usd
CY2022Q4 AATP Deposits To Supplier
DepositsToSupplier
147504 usd
CY2023Q1 AATP Prepaid Expenses Gross
PrepaidExpensesGross
167042 usd
CY2022Q4 AATP Prepaid Expenses Gross
PrepaidExpensesGross
191100 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
167042 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
121095 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
120372 usd
CY2022 AATP Allowance For Doubtful Accounts Receivable Exchange Rate Effect
AllowanceForDoubtfulAccountsReceivableExchangeRateEffect
-723 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
525683 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
488717 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
365203 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
346568 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
160480 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
142149 usd
CY2023Q1 us-gaap Depreciation
Depreciation
19841 usd
CY2022Q1 us-gaap Depreciation
Depreciation
18707 usd
CY2023Q1 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
100
CY2023Q1 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
22.70 usd
CY2023Q1 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
100
CY2023Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
55184 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
55348 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
32777 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
31304 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22407 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24044 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1581 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
458 usd
CY2022Q3 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
the company’s common stock at the ratio of 10-for-1 effective July 28, 2022. Under the reverse stock split, each 10 pre-split share of common stock outstanding will automatically combine into 1 new share of common stock of the company. As at July 28, 2022, the Company has an investment of 116,646 common stock of Greenpro Capital Corp. The Company’s investment of 116,646 common stock of Greenpro Capital Corp. was reduced to 11,665 subsequent to the reverse stock split
CY2023Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
16687 usd
CY2022Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
89001 usd
CY2022Q4 AATP Transfer From Nonmarketable Security
TransferFromNonmarketableSecurity
-1500 usd
CY2023Q1 AATP Marketable Securities Unrealized Holding Loss
MarketableSecuritiesUnrealizedHoldingLoss
-4920 usd
CY2022Q4 AATP Marketable Securities Unrealized Holding Loss
MarketableSecuritiesUnrealizedHoldingLoss
73519 usd
CY2023Q1 AATP Exchange Rate Effect On Investment In Marketable Securites
ExchangeRateEffectOnInvestmentInMarketableSecurites
-103 usd
CY2022Q4 AATP Exchange Rate Effect On Investment In Marketable Securites
ExchangeRateEffectOnInvestmentInMarketableSecurites
-295 usd
CY2023Q1 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
21504 usd
CY2022Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
16687 usd
CY2023Q1 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
37886 usd
CY2022Q1 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
12012 usd
CY2023Q1 AATP Related Party Transaction Other Purchases From Related Party
RelatedPartyTransactionOtherPurchasesFromRelatedParty
3270 usd
CY2023Q1 AATP Related Party Office Rental Income
RelatedPartyOfficeRentalIncome
2741 usd
CY2023Q1 AATP Related Party Other Expenses
RelatedPartyOtherExpenses
22615 usd
CY2023Q1 AATP Customer Deposits
CustomerDeposits
284636 usd
CY2022Q4 AATP Customer Deposits
CustomerDeposits
289487 usd
CY2023Q1 AATP Unexpired Product Coupons
UnexpiredProductCoupons
59307 usd
CY2022Q4 AATP Unexpired Product Coupons
UnexpiredProductCoupons
73531 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
343943 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
363018 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
223401 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
324629 usd
CY2023Q1 AATP Accrued Promotion Expenses Current
AccruedPromotionExpensesCurrent
38583 usd
CY2022Q4 AATP Accrued Promotion Expenses Current
AccruedPromotionExpensesCurrent
38583 usd
CY2023Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
22192 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
21164 usd
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
75452012 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75452012 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
75452012 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75452012 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q1 AATP Non Controlling Interest Paidin Capital
NonControllingInterestPaidinCapital
97 usd
CY2022Q4 AATP Non Controlling Interest Paidin Capital
NonControllingInterestPaidinCapital
97 usd
CY2023Q1 AATP Non Controlling Interest Accumulated Deficit
NonControllingInterestAccumulatedDeficit
12149 usd
CY2022Q4 AATP Non Controlling Interest Accumulated Deficit
NonControllingInterestAccumulatedDeficit
20384 usd
CY2023Q1 AATP Non Controlling Interest Accumulated Other Comprehensive Income
NonControllingInterestAccumulatedOtherComprehensiveIncome
49 usd
CY2022Q4 AATP Non Controlling Interest Accumulated Other Comprehensive Income
NonControllingInterestAccumulatedOtherComprehensiveIncome
32 usd
CY2023Q1 AATP Non Controlling Interest Non Controlling Interest Gross
NonControllingInterestNonControllingInterestGross
12295 usd
CY2022Q4 AATP Non Controlling Interest Non Controlling Interest Gross
NonControllingInterestNonControllingInterestGross
20513 usd
CY2023Q1 us-gaap Minority Interest
MinorityInterest
12295 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
20513 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-167785 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-106426 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-438292 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-290158 usd
CY2022Q1 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
8288 usd
CY2023Q1 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4217 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4217 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8288 usd
CY2023Q1 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.
CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
784923 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
693185 usd
CY2023Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4177 usd
CY2023Q1 us-gaap Deposits
Deposits
423812 usd
CY2022Q4 us-gaap Deposits
Deposits
513152 usd
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055 pure
CY2021Q2 AATP Lease Expiration Term
LeaseExpirationTerm
2023-05-31
CY2021Q2 AATP Increase Decrease In Rou Assets And Liabilities
IncreaseDecreaseInROUAssetsAndLiabilities
3250 usd
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055 pure
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
9777 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9777 usd
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055 pure
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
10864 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10864 usd
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055 pure
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P0Y3M25D
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
42926 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
42926 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
483 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
42443 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
28244 usd
CY2023Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
50707 usd
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
50481 usd

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0001493152-23-017030-index-headers.html Edgar Link pending
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0001493152-23-017030.txt Edgar Link pending
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aatp-20230331.xsd Edgar Link pending
aatp-20230331_cal.xml Edgar Link unprocessable
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Financial_Report.xlsx Edgar Link pending
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aatp-20230331_pre.xml Edgar Link unprocessable
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form10-q_htm.xml Edgar Link completed
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