2023 Q2 Form 10-K Financial Statement

#000149315223022881 Filed on June 29, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2023
Revenue $1.053M $1.292M $7.944M
YoY Change -55.9% -54.76% -37.4%
Cost Of Revenue $815.6K $1.080M $6.103M
YoY Change -57.73% -53.32% -42.57%
Gross Profit $236.9K $211.8K $1.841M
YoY Change -48.12% -60.91% -10.77%
Gross Profit Margin 22.51% 16.4% 23.17%
Selling, General & Admin $497.9K $698.0K $2.304M
YoY Change 21.26% 14.52% 8.66%
% of Gross Profit 210.15% 329.6% 125.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.98K $80.02K $344.9K
YoY Change -5.3% 90.34% 118.85%
% of Gross Profit 14.34% 37.79% 18.73%
Operating Expenses $497.9K $698.0K $2.304M
YoY Change 21.26% 14.52% 8.66%
Operating Profit -$260.9K -$486.2K -$462.9K
YoY Change -666.03% 617.43% 712.0%
Interest Expense $1.293M -$1.499M -$1.499M
YoY Change 52492.15% -129359.48% 72333.82%
% of Operating Profit
Other Income/Expense, Net $112.5K $3.211M $3.304M
YoY Change 120.2% 11529.16% 1957.73%
Pretax Income -$2.727M $1.225M $1.342M
YoY Change -2884.11% -3242.32% 1222.1%
Income Tax $1.264K $3.200K $22.14K
% Of Pretax Income 0.26% 1.65%
Net Earnings -$2.729M $1.222M $1.320M
YoY Change -2922.69% -2840.5% 1591.87%
Net Earnings / Revenue -259.26% 94.62% 16.61%
Basic Earnings Per Share -$0.83 $0.04
Diluted Earnings Per Share -$0.83 $0.21 $0.37
COMMON SHARES
Basic Shares Outstanding 37.40M shares 35.45M shares 30.34M shares
Diluted Shares Outstanding 3.274M shares 35.68M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.32M $18.28M $18.28M
YoY Change 720.45% 1214.61% 1214.61%
Cash & Equivalents $487.2K $562.7K $562.7K
Short-Term Investments $17.83M $17.72M $17.72M
Other Short-Term Assets $7.712M $1.332M $1.332M
YoY Change 497.45% 12.77% 12.77%
Inventory $265.7K $285.5K $285.5K
Prepaid Expenses $16.03K $10.91K
Receivables $1.963M $1.859M $1.859M
Other Receivables $8.959M $1.283M $1.283M
Total Short-Term Assets $37.21M $23.04M $23.04M
YoY Change 443.18% 305.0% 305.0%
LONG-TERM ASSETS
Property, Plant & Equipment $586.5K $921.6K $921.6K
YoY Change -22.68% 10.19% -87.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $57.88K $14.84M $14.84M
YoY Change 47011.21% 47011.21%
Total Long-Term Assets $3.377M $18.26M $18.26M
YoY Change -45.27% 146.85% 146.85%
TOTAL ASSETS
Total Short-Term Assets $37.21M $23.04M $23.04M
Total Long-Term Assets $3.377M $18.26M $18.26M
Total Assets $40.59M $41.30M $41.30M
YoY Change 211.73% 215.6% 215.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $254.3K -$88.32K -$114.5K
YoY Change -79.67% -106.62% -108.58%
Accrued Expenses $462.5K $1.045M $1.071M
YoY Change -78.02% -27.72% -72.72%
Deferred Revenue $2.152K
YoY Change -9.39%
Short-Term Debt $130.2K $137.5K $137.5K
YoY Change -8.71% -9.01% -9.01%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.060M $3.526M $3.526M
YoY Change -72.41% -66.07% -66.07%
LONG-TERM LIABILITIES
Long-Term Debt $8.510M $11.22M $11.22M
YoY Change
Other Long-Term Liabilities $4.695M $2.436M $2.436M
YoY Change 161.0% -11.94% -11.94%
Total Long-Term Liabilities $13.20M $13.66M $13.66M
YoY Change 634.15% 393.67% 393.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.060M $3.526M $3.526M
Total Long-Term Liabilities $13.20M $13.66M $13.66M
Total Liabilities $16.27M $17.18M $17.18M
YoY Change 26.17% 30.57% 30.57%
SHAREHOLDERS EQUITY
Retained Earnings -$8.180M -$5.451M
YoY Change 22.83% -19.32%
Common Stock $32.41M $29.78M
YoY Change 373.69% 335.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $24.33M $24.12M $24.12M
YoY Change
Total Liabilities & Shareholders Equity $40.59M $41.30M $41.30M
YoY Change 211.73% 215.6% 215.6%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$2.729M $1.222M $1.320M
YoY Change -2922.69% -2840.5% 1591.87%
Depreciation, Depletion And Amortization $33.98K $80.02K $344.9K
YoY Change -5.3% 90.34% 118.85%
Cash From Operating Activities -$1.111M -$41.04K -$1.569M
YoY Change -499.57% -105.8% -243.84%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities -$3.668M -$21.17M
YoY Change
Cash From Investing Activities -$3.668M -$21.17M
YoY Change 16687.87% 10584.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $22.72M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $969.8K 2.605M 21.85M
YoY Change 57.47% 1425.36% -1691.33%
NET CHANGE
Cash From Operating Activities -$1.111M -41.04K -1.569M
Cash From Investing Activities -3.668M -21.17M
Cash From Financing Activities $969.8K 2.605M 21.85M
Net Change In Cash -$141.1K -1.104M -891.5K
YoY Change -115.78% -229.02% 85.7%
FREE CASH FLOW
Cash From Operating Activities -$1.111M -$41.04K -$1.569M
Capital Expenditures $0.00 $0.00
Free Cash Flow -$1.111M -$41.04K -$1.569M
YoY Change -499.57% -105.63% -221.74%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001650101
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 us-gaap Debt Securities Current
DebtSecuritiesCurrent
usd
CY2022Q1 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
usd
CY2023Q1 us-gaap Other Liability Current Related And Nonrelated Party Status Extensible Enumeration
OtherLiabilityCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration
http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2022Q1 us-gaap Other Liability Current Related And Nonrelated Party Status Extensible Enumeration
OtherLiabilityCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration
http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2022Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
usd
CY2022Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
usd
CY2023 ATXG Stock Issued During Period Value Appropriation To Statutory Reserves
StockIssuedDuringPeriodValueAppropriationToStatutoryReserves
usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
usd
CY2022 ATXG Investment Income
InvestmentIncome
usd
CY2022 ATXG Fair Value Gain Or Loss
FairValueGainOrLoss
usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
usd
CY2022 ATXG Payment For Longterm Receivables
PaymentForLongtermReceivables
usd
CY2022 ATXG Cash Decreased In Disposal Of Subsidiaries
CashDecreasedInDisposalOfSubsidiaries
usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
usd
CY2022 ATXG Payment For Restricted Cash
PaymentForRestrictedCash
usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
usd
CY2023 ATXG Right Of Use Asset Obtained Exchange For Operating Lease Liability
RightOfUseAssetObtainedExchangeForOperatingLeaseLiability
usd
CY2022 ATXG Transfer Of Rightofuse Assets Due To Disposal Of Subsidiary
TransferOfRightofuseAssetsDueToDisposalOfSubsidiary
usd
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
shares
CY2022Q1 us-gaap Debt Securities Current
DebtSecuritiesCurrent
usd
CY2023Q1 ATXG Customers Deposits
CustomersDeposits
usd
CY2023Q1 ATXG Advance Payment From Shareholder
AdvancePaymentFromShareholder
usd
CY2023 ATXG Right Of Use Asset Obtained In Exchange For Operating Leases Liability
RightOfUseAssetObtainedInExchangeForOperatingLeasesLiability
usd
CY2022 ATXG Transfer Of Rightofuse Assets Due To Disposal Of Subsidiary
TransferOfRightofuseAssetsDueToDisposalOfSubsidiary
usd
CY2022 ATXG Statutory Reserve Appropriation Amount
StatutoryReserveAppropriationAmount
usd
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
usd
CY2023 us-gaap Fee Income
FeeIncome
usd
CY2023 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
usd
CY2022 ATXG Donations
Donations
usd
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
333-206097
CY2023 dei Entity Registrant Name
EntityRegistrantName
ADDENTAX GROUP CORP.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
35-2521028
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
Kingkey 100, Block A
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
Room 4805
CY2023 dei Entity Address Address Line3
EntityAddressAddressLine3
Luohu District
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Shenzhen City
CY2023 dei Entity Address Country
EntityAddressCountry
CN
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
518000
CY2023 dei City Area Code
CityAreaCode
(86)
CY2023 dei Local Phone Number
LocalPhoneNumber
755 8233 0336
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
26924702.4 usd
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
37395420 shares
CY2023 dei Auditor Name
AuditorName
Pan-China
CY2023 dei Auditor Firm
AuditorFirmId
6255
CY2023 dei Auditor Location
AuditorLocation
Singapore
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
562711 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1390644 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1858889 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2164970 usd
CY2023Q1 us-gaap Debt Securities Current
DebtSecuritiesCurrent
17718750 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
285528 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
266596 usd
CY2023Q1 us-gaap Supplies
Supplies
1281075 usd
CY2022Q1 us-gaap Supplies
Supplies
1181466 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
23041241 usd
CY2022Q1 us-gaap Assets Current
AssetsCurrent
5689128 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
649120 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
836419 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
272488 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6530017 usd
CY2023Q1 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
90032 usd
CY2022Q1 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
31496 usd
CY2023Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
14750000 usd
CY2023Q1 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
2500000 usd
CY2023Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
18261640 usd
CY2022Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
7397932 usd
CY2023Q1 us-gaap Assets
Assets
41302881 usd
CY2022Q1 us-gaap Assets
Assets
13087060 usd
CY2023Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
137468 usd
CY2022Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
151090 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
267501 usd
CY2022Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1334483 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2384633 usd
CY2022Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3694989 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2152 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2375 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
606843 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1445473 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
127101 usd
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3763931 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
3525698 usd
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
10392341 usd
CY2023Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
11219519 usd
CY2023Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
2290483 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
145387 usd
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2766086 usd
CY2023Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
13655389 usd
CY2022Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2766086 usd
CY2023Q1 us-gaap Liabilities
Liabilities
17181087 usd
CY2022Q1 us-gaap Liabilities
Liabilities
13158427 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
35454670 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35454670 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26693004 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26693004 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
35455 usd
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
26693 usd
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
29528564 usd
CY2022Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6815333 usd
CY2023Q1 ATXG Statutory Reserve
StatutoryReserve
28457 usd
CY2022Q1 ATXG Statutory Reserve
StatutoryReserve
13821 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5451209 usd
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6756230 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-19473 usd
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-170984 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
24121794 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-71367 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
41302881 usd
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13087060 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7944171 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12690633 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
6103110 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
10627379 usd
CY2023 us-gaap Gross Profit
GrossProfit
1841061 usd
CY2022 us-gaap Gross Profit
GrossProfit
2063254 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
78769 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
206251 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2225207 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1914008 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
2303976 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
2120259 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-462915 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-57005 usd
CY2023 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-2983538 usd
CY2023 us-gaap Interest And Other Income
InterestAndOtherIncome
8463 usd
CY2022 us-gaap Interest And Other Income
InterestAndOtherIncome
7818 usd
CY2023 us-gaap Interest Expense
InterestExpense
1507842 usd
CY2022 us-gaap Interest Expense
InterestExpense
9891 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
320556 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
160570 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1341800 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
101492 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22143 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-223 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-654 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1569159 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1090872 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23494 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
1319657 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
77998 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-151511 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
67867 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1471168 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10131 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30340967 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26693004 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35680006 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26693004 shares
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-81498 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-81498 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
67867 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
77998 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-71367 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-71367 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
22721993 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-151511 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
1319657 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
24121794 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
24121794 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
1319657 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
77998 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
344896 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
157604 usd
CY2023 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1493541 usd
CY2023 ATXG Investment Income
InvestmentIncome
218750 usd
CY2023 ATXG Fair Value Gain Or Loss
FairValueGainOrLoss
2983539 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-306081 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2592548 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18932 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3838 usd
CY2023 us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
99609 usd
CY2022 us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
826012 usd
CY2023 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
1321003 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-108951 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1262127 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1786890 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
870849 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
763489 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
198122 usd
CY2023 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
17500000 usd
CY2023 ATXG Payment For Longterm Receivables
PaymentForLongtermReceivables
2500000 usd
CY2023 ATXG Cash Decreased In Disposal Of Subsidiaries
CashDecreasedInDisposalOfSubsidiaries
1168153 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-21168153 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-198122 usd
CY2023 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
3337373 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
4512014 usd
CY2023 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
4461510 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
5878286 usd
CY2023 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
2018 usd
CY2022 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
6531 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
15000000 usd
CY2023 ATXG Payment For Restricted Cash
PaymentForRestrictedCash
14750000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
22721993 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
21845838 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1372803 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-891474 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-480053 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
63541 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
25620 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1390644 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1845077 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
562711 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1390644 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
116 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21442 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
23494 usd
CY2022 ATXG Right Of Use Asset Obtained Exchange For Operating Lease Liability
RightOfUseAssetObtainedExchangeForOperatingLeaseLiability
470763 usd
CY2023 ATXG Transfer Of Rightofuse Assets Due To Disposal Of Subsidiary
TransferOfRightofuseAssetsDueToDisposalOfSubsidiary
-3025985 usd
CY2023 us-gaap Basis Of Accounting
BasisOfAccounting
<p id="xdx_80A_eus-gaap--BasisOfAccounting_zUjrspIVO3Mb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><b style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2. <span id="xdx_82C_zIeXGtAmdrr3">BASIS OF PRESENTATION</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify">The accompanying consolidated financial statements of the Company and its subsidiaries are prepared pursuant to the rules and regulations of the U.S Securities and Exchanges Commission (“SEC”) and in conformity with generally accepted accounting principles in the U.S. (“US GAAP”). All material inter-company accounts and transactions have been eliminated in consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"> </p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84E_eus-gaap--UseOfEstimates_z0OGFuJAXxCh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><b style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a) <span id="xdx_863_zKxTyvfP4tM9">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify">The preparation of the consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however actual results could differ materially from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"> </p>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
0 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
20000.00 usd
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5339039 shares
CY2023Q1 us-gaap Debt Securities Current
DebtSecuritiesCurrent
17718750 usd
CY2022Q3 us-gaap Debt Securities Current
DebtSecuritiesCurrent
17500000 usd
CY2023Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.025 pure
CY2023Q1 ATXG Coupon Receivable
CouponReceivable
218750 usd
CY2023Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
19484 usd
CY2022Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
184498 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
9373 usd
CY2022Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
1327 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
256671 usd
CY2022Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
80771 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
285528 usd
CY2022Q1 us-gaap Inventory Net
InventoryNet
266596 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10913 usd
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
14046 usd
CY2023Q1 us-gaap Deposit Assets
DepositAssets
40341 usd
CY2022Q1 us-gaap Deposit Assets
DepositAssets
64653 usd
CY2023Q1 ATXG Receivable Of Consideration On Disposals Of Subsidiaries
ReceivableOfConsiderationOnDisposalsOfSubsidiaries
708457 usd
CY2022Q1 ATXG Receivable Of Consideration On Disposals Of Subsidiaries
ReceivableOfConsiderationOnDisposalsOfSubsidiaries
269798 usd
CY2023Q1 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
199485 usd
CY2022Q1 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
226713 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
959196 usd
CY2022Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
575210 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1195053 usd
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1294521 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
545933 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
458102 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
649120 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
836419 usd
CY2023 us-gaap Depreciation
Depreciation
137818 usd
CY2022 us-gaap Depreciation
Depreciation
132152 usd
CY2023Q1 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
2500000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25 pure
CY2023 ATXG Effective Income Tax Rate Reconciliation At Computed Expected Expenses
EffectiveIncomeTaxRateReconciliationAtComputedExpectedExpenses
335450 usd
CY2022 ATXG Effective Income Tax Rate Reconciliation At Computed Expected Expenses
EffectiveIncomeTaxRateReconciliationAtComputedExpectedExpenses
25373 usd
CY2023 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-6089 usd
CY2022 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-350 usd
CY2023 ATXG Income Tax Reconciliation Change In Enacted Tax Rate Permanent Difference
IncomeTaxReconciliationChangeInEnactedTaxRatePermanentDifference
-309661 usd
CY2022 ATXG Income Tax Reconciliation Change In Enacted Tax Rate Permanent Difference
IncomeTaxReconciliationChangeInEnactedTaxRatePermanentDifference
-106866 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2443 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
105337 usd
CY2023 ATXG Income Tax Expense Benefits
IncomeTaxExpenseBenefits
22143 usd
CY2022 ATXG Income Tax Expense Benefits
IncomeTaxExpenseBenefits
23494 usd
CY2023Q1 ATXG Accumulated Tax Losses
AccumulatedTaxLosses
2100000 usd
CY2022Q1 ATXG Accumulated Tax Losses
AccumulatedTaxLosses
1900000 usd
CY2023Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
6600000 usd
CY2022Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
4800000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7944171 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12690633 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-462915 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-57005 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
344896 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
157604 usd
CY2023 us-gaap Interest Expense
InterestExpense
1507842 usd
CY2022 us-gaap Interest Expense
InterestExpense
9891 usd
CY2023Q1 us-gaap Assets
Assets
41302881 usd
CY2022Q1 us-gaap Assets
Assets
13087060 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7944171 usd
CY2023Q1 us-gaap Noncurrent Assets
NoncurrentAssets
1011640 usd
CY2023Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
63935 usd
CY2022Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
78776 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
445985 usd
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
259647 usd
CY2023Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
34988 usd
CY2022Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
55814 usd
CY2023Q1 us-gaap Accrued Rent Current
AccruedRentCurrent
25739 usd
CY2022Q1 us-gaap Accrued Rent Current
AccruedRentCurrent
27882 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
26226 usd
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
20835 usd
CY2022Q1 ATXG Customers Deposits
CustomersDeposits
871730 usd
CY2022Q1 ATXG Advance Payment From Shareholder
AdvancePaymentFromShareholder
125000 usd
CY2023Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
9970 usd
CY2022Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
5789 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
606843 usd
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1445473 usd
CY2023Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
15000000 usd
CY2023Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
16700000 usd
CY2023Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.05 pure
CY2023Q1 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
1.25
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.25
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
3900000 usd
CY2023Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
2000000.0 usd
CY2023Q1 us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
1200000 usd
CY2023 ATXG Fair Value Conversion Option
FairValueConversionOption
300000 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
15000000.0 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
15000000 usd
CY2023Q1 ATXG Agent Fees
AgentFees
700000 usd
CY2023Q1 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.25
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
168000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0475 pure
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
3341042 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
3862342 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
78663 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
84089 usd
CY2023 us-gaap Lease Cost
LeaseCost
3419705 usd
CY2022 us-gaap Lease Cost
LeaseCost
3946431 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
3419705 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
3946431 usd
CY2022 ATXG Right Of Use Asset Obtained In Exchange For Operating Leases Liability
RightOfUseAssetObtainedInExchangeForOperatingLeasesLiability
470763 usd
CY2023 ATXG Transfer Of Rightofuse Assets Due To Disposal Of Subsidiary
TransferOfRightofuseAssetsDueToDisposalOfSubsidiary
-3025985 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y2M12D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0475 pure
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0475 pure
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
133138 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
122409 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
38881 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
294428 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21940 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
272488 usd
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
250000 usd
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
35454670 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35454670 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26693004 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26693004 shares
CY2023 ATXG Description On Statutory Reserve
DescriptionOnStatutoryReserve
In accordance with the relevant laws and regulations of the PRC, the subsidiary of the Company established in the PRC is required to transfer 10% of its profit after taxation prepared in accordance with the accounting regulations of the PRC to the statutory reserve until the reserve balance reaches 50% of the subsidiary’s paid-up capital. Such reserve may be used to offset accumulated losses or increase the registered capital of the subsidiary, subject to the approval from the PRC authorities, and are not available for dividend distribution to the shareholders
CY2023 ATXG Statutory Reserve Appropriation Amount
StatutoryReserveAppropriationAmount
14636 usd
CY2023Q1 ATXG Paidup Statutory Reserve
PaidupStatutoryReserve
28457 usd
CY2022Q1 ATXG Paidup Statutory Reserve
PaidupStatutoryReserve
13821 usd
CY2023 us-gaap Investment Income Net
InvestmentIncomeNet
218750 usd
CY2022 us-gaap Fee Income
FeeIncome
70000 usd
CY2022 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
17541 usd
CY2023 ATXG Penalty Income From Customers Defaults
PenaltyIncomeFromCustomersDefaults
76160 usd
CY2022 ATXG Penalty Income From Customers Defaults
PenaltyIncomeFromCustomersDefaults
45382 usd
CY2023 ATXG Subsidy From Government
SubsidyFromGovernment
30302 usd
CY2022 ATXG Subsidy From Government
SubsidyFromGovernment
61901 usd
CY2023 ATXG Donations
Donations
8029 usd
CY2023 us-gaap Other Income
OtherIncome
3373 usd
CY2022 us-gaap Other Income
OtherIncome
828 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
320556 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
160570 usd
CY2023Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
0.0687 pure
CY2022Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
0.0634 pure
CY2023 ATXG Revenue And Expenses Foreign Currency Translated Average Exchange Rates
RevenueAndExpensesForeignCurrencyTranslatedAverageExchangeRates
0.0685 pure
CY2022 ATXG Revenue And Expenses Foreign Currency Translated Average Exchange Rates
RevenueAndExpensesForeignCurrencyTranslatedAverageExchangeRates
0.0642 pure
CY2023 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
137468 usd
CY2023 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
944255

Files In Submission

Name View Source Status
0001493152-23-022881-index-headers.html Edgar Link pending
0001493152-23-022881-index.html Edgar Link pending
0001493152-23-022881.txt Edgar Link pending
0001493152-23-022881-xbrl.zip Edgar Link pending
atxg-20230331.xsd Edgar Link pending
ex21-1.htm Edgar Link pending
ex23-1.htm Edgar Link pending
ex23-1_001.jpg Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
ex4-1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-k.htm Edgar Link pending
form10-k_001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
atxg-20230331_lab.xml Edgar Link unprocessable
form10-k_htm.xml Edgar Link completed
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
atxg-20230331_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
atxg-20230331_cal.xml Edgar Link unprocessable
atxg-20230331_pre.xml Edgar Link unprocessable