2023 Q2 Form 10-K Financial Statement
#000121390023036407 Filed on May 04, 2023
Income Statement
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $5.558M | $11.83M | $11.83M |
YoY Change | 12.79% | 530.18% | -56.31% |
Cost Of Revenue | $2.674M | $9.880M | $9.880M |
YoY Change | -27.78% | 429.18% | -56.05% |
Gross Profit | $2.884M | $1.950M | $1.950M |
YoY Change | 135.35% | 19054.72% | -57.58% |
Gross Profit Margin | 51.89% | 16.48% | 16.48% |
Selling, General & Admin | $1.585M | $11.90M | $11.90M |
YoY Change | -54.78% | 274.18% | -6.3% |
% of Gross Profit | 54.94% | 610.4% | 610.41% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $80.00K | $58.32K | $77.94K |
YoY Change | 118.46% | -10.24% | -68.07% |
% of Gross Profit | 2.77% | 2.99% | 4.0% |
Operating Expenses | $1.585M | $11.90M | $17.29M |
YoY Change | -54.78% | 274.18% | 36.09% |
Operating Profit | $1.299M | -$9.953M | -$15.34M |
YoY Change | -157.02% | 213.89% | 89.2% |
Interest Expense | $34.62K | -$176.4K | $170.5K |
YoY Change | -68.97% | 75.57% | -152.78% |
% of Operating Profit | 2.66% | ||
Other Income/Expense, Net | -$125.1K | -$6.108M | -$6.284M |
YoY Change | -93.27% | 2207.68% | 1725.38% |
Pretax Income | $1.174M | -$21.62M | -$21.62M |
YoY Change | -128.38% | -27.11% | -38.05% |
Income Tax | $6.090K | $6.092K | |
% Of Pretax Income | |||
Net Earnings | $1.054M | -$22.39M | -$22.39M |
YoY Change | -125.43% | -24.53% | -35.99% |
Net Earnings / Revenue | 18.97% | -189.29% | -189.29% |
Basic Earnings Per Share | $0.23 | -$8.38 | |
Diluted Earnings Per Share | $0.23 | -$8.40 | -$8.38 |
COMMON SHARES | |||
Basic Shares Outstanding | 4.385M shares | 38.43M shares | 2.665M shares |
Diluted Shares Outstanding | 4.596M shares | 2.665M shares |
Balance Sheet
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.930M | $2.337M | $2.337M |
YoY Change | -61.66% | -51.3% | -51.3% |
Cash & Equivalents | $1.932M | $2.337M | $2.337M |
Short-Term Investments | |||
Other Short-Term Assets | $10.48M | $9.137M | $9.137M |
YoY Change | 41.78% | 92.41% | 92.41% |
Inventory | $7.183M | $7.654M | $7.654M |
Prepaid Expenses | |||
Receivables | $6.380M | $3.208M | $3.208M |
Other Receivables | $30.00K | $899.9K | $899.9K |
Total Short-Term Assets | $26.00M | $23.24M | $23.24M |
YoY Change | 7.52% | 9.81% | 9.81% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.690M | $1.703M | $4.646M |
YoY Change | -45.7% | -51.63% | -44.48% |
Goodwill | $2.066M | $2.066M | |
YoY Change | -75.34% | -75.34% | |
Intangibles | $448.9K | $16.18K | |
YoY Change | 2573.32% | -10.29% | |
Long-Term Investments | $1.800M | $1.800M | |
YoY Change | |||
Other Assets | $3.620M | $3.951M | $3.951M |
YoY Change | 1735.98% | 1803.77% | 1803.77% |
Total Long-Term Assets | $10.66M | $12.48M | $12.48M |
YoY Change | -33.52% | -26.46% | -26.46% |
TOTAL ASSETS | |||
Total Short-Term Assets | $26.00M | $23.24M | $23.24M |
Total Long-Term Assets | $10.66M | $12.48M | $12.48M |
Total Assets | $36.66M | $35.71M | $35.71M |
YoY Change | -8.85% | -6.33% | -6.33% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $9.610M | $10.79M | $10.79M |
YoY Change | 64.29% | 46.96% | 46.96% |
Accrued Expenses | $3.270M | $3.078M | $3.078M |
YoY Change | 6.01% | -0.16% | -0.16% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.135M | $818.4K | $1.927M |
YoY Change | -31.5% | -54.52% | -72.51% |
Long-Term Debt Due | $101.2K | $106.0K | $106.0K |
YoY Change | -72.58% | -71.3% | -71.3% |
Total Short-Term Liabilities | $19.39M | $25.36M | $25.36M |
YoY Change | -9.85% | 14.8% | 14.8% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $126.3K | $314.8K | $314.8K |
YoY Change | -73.22% | -41.49% | -41.49% |
Other Long-Term Liabilities | $4.630M | $4.820M | $4.820M |
YoY Change | 20.57% | 15.82% | 15.82% |
Total Long-Term Liabilities | $4.755M | $314.8K | $5.135M |
YoY Change | 10.29% | -93.3% | 9.26% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $19.39M | $25.36M | $25.36M |
Total Long-Term Liabilities | $4.755M | $314.8K | $5.135M |
Total Liabilities | $24.15M | $30.50M | $31.67M |
YoY Change | -6.49% | 13.83% | 17.57% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$68.30M | -$70.14M | |
YoY Change | 46.44% | ||
Common Stock | $6.259K | $3.765K | |
YoY Change | -99.99% | -99.99% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $10.89M | $4.048M | $4.048M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $36.66M | $35.71M | $35.71M |
YoY Change | -8.85% | -6.33% | -6.33% |
Cashflow Statement
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.054M | -$22.39M | -$22.39M |
YoY Change | -125.43% | -24.53% | -35.99% |
Depreciation, Depletion And Amortization | $80.00K | $58.32K | $77.94K |
YoY Change | 118.46% | -10.24% | -68.07% |
Cash From Operating Activities | -$570.0K | -$2.925M | -$10.26M |
YoY Change | -118.35% | -329.93% | 703.87% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | $2.768M | $1.800M | |
YoY Change | |||
Other Investing Activities | -$356.9K | -$536.9K | |
YoY Change | -402.0% | -554.32% | |
Cash From Investing Activities | -$356.9K | -$536.9K | |
YoY Change | -132.21% | -22.92% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $5.000M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 330.0K | 4.075M | $8.434M |
YoY Change | 33.51% | 150.7% | 37.34% |
NET CHANGE | |||
Cash From Operating Activities | -570.0K | -2.925M | -$10.26M |
Cash From Investing Activities | -356.9K | -$536.9K | |
Cash From Financing Activities | 330.0K | 4.075M | $8.434M |
Net Change In Cash | -240.0K | 793.4K | -$2.273M |
YoY Change | -107.16% | -80.2% | -154.53% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$570.0K | -$2.925M | -$10.26M |
Capital Expenditures | |||
Free Cash Flow | -$10.26M | ||
YoY Change | 2124.32% |
Facts In Submission
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15th Floor | |
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818425 | usd |
CY2021Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
768543 | usd |
CY2022Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
105965 | usd |
CY2021Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
369187 | usd |
CY2022Q4 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
1108785 | usd |
CY2021Q4 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
5211160 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
10785531 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
5202818 | usd |
CY2022Q4 | bimi |
Advances From Customers
AdvancesFromCustomers
|
923131 | usd |
CY2021Q4 | bimi |
Advances From Customers
AdvancesFromCustomers
|
1893819 | usd |
CY2022Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
4600441 | usd |
CY2021Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
730285 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
71915 | usd |
CY2021Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
308503 | usd |
CY2022Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
3175574 | usd |
CY2021Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
2080285 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
532630 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
442628 | usd |
CY2021Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
1539327 | usd |
CY2022Q4 | bimi |
Current Liabilities From Discontinued Operationsheld For Sale
CurrentLiabilitiesFromDiscontinuedOperationsheldForSale
|
3239950 | usd |
CY2021Q4 | bimi |
Current Liabilities From Discontinued Operationsheld For Sale
CurrentLiabilitiesFromDiscontinuedOperationsheldForSale
|
3545587 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
25362347 | usd |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
22092142 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2574751 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1402550 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
314786 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
538006 | usd |
CY2021Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
12727 | usd |
CY2022Q4 | bimi |
Noncurrent Liabilities From Discontined Operationsheld For Sale
NoncurrentLiabilitiesFromDiscontinedOperationsheldForSale
|
2245373 | usd |
CY2021Q4 | bimi |
Noncurrent Liabilities From Discontined Operationsheld For Sale
NoncurrentLiabilitiesFromDiscontinedOperationsheldForSale
|
2746512 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
30497257 | usd |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
26791937 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3764780 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3764780 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
850222 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
850222 | shares |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
71899271 | usd |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
55227782 | usd |
CY2022Q4 | bimi |
Statutory Reserves
StatutoryReserves
|
2263857 | usd |
CY2021Q4 | bimi |
Statutory Reserves
StatutoryReserves
|
2263857 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-70143785 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-47900930 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
24583 | usd |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1601872 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4047691 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11193431 | usd |
CY2022Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1169542 | usd |
CY2021Q4 | us-gaap |
Minority Interest
MinorityInterest
|
142997 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5217233 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
11336428 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
35714490 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
38128365 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
11830379 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
21319610 | usd |
CY2022 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
9880429 | usd |
CY2021 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
18893667 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
1949950 | usd |
CY2021 | us-gaap |
Gross Profit
GrossProfit
|
2425943 | usd |
CY2022 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1302775 | usd |
CY2021 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2153205 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
10599818 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6056584 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
5385811 | usd |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
26128171 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
17288404 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
34337960 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-15338454 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-31912017 | usd |
CY2022 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
707 | usd |
CY2021 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3087 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
170480 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
190829 | usd |
CY2022 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-6583 | usd |
CY2021 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
24967 | usd |
CY2022 | us-gaap |
Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
|
-3260788 | usd |
CY2021 | us-gaap |
Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
|
-2252401 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-2846716 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-336752 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6283860 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2751928 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-21622314 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-34663945 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6092 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
29674 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-21628406 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-34693619 | usd |
CY2022 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-40505 | usd |
CY2021 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
714 | usd |
CY2022 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
-649145 | usd |
CY2021 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
-228840 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-22318056 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-34921745 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
75203 | usd |
CY2021 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
64211 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-22393259 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-34985956 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-1577289 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
598481 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-23895345 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-34323264 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-1052601 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-26056 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-22842744 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-34297208 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2664653 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
536293 | shares |
CY2022 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-8.12 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-64.69 | |
CY2022 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.26 | |
CY2021 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.43 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-8.38 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-65.12 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
16893471 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
26460683 | usd |
CY2021 | us-gaap |
Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
|
-32544181 | usd |
CY2021 | bimi |
Disposal Of Discontinued Operations And Subsidiariesdisposal
DisposalOfDiscontinuedOperationsAndSubsidiariesdisposal
|
558248 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
-616305 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
584512 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
11336428 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
16674404 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
|
-23445860 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
-3221789 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
3874050 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5217233 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-22318056 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-34921745 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
223561 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
244116 | usd |
CY2022 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
5385811 | usd |
CY2021 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
26128171 | usd |
CY2022 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
59567 | usd |
CY2021 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
93884 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1380929 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-53698 | usd |
CY2022 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
3260788 | usd |
CY2021 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
2252401 | usd |
CY2022 | us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
529320 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1357394 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-877440 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
-490168 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
203053 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
5475117 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1429785 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-464103 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-4915327 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1233525 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1214165 | usd |
CY2022 | bimi |
Increase Decrease In Other Account Payable
IncreaseDecreaseInOtherAccountPayable
|
5582713 | usd |
CY2021 | bimi |
Increase Decrease In Other Account Payable
IncreaseDecreaseInOtherAccountPayable
|
-1248623 | usd |
CY2022 | bimi |
Increase Decrease I Advances From Customers
IncreaseDecreaseIAdvancesFromCustomers
|
-970688 | usd |
CY2021 | bimi |
Increase Decrease I Advances From Customers
IncreaseDecreaseIAdvancesFromCustomers
|
1699733 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
1262203 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
1283039 | usd |
CY2022 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
-219026 | usd |
CY2021 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
-479750 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
1095289 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-2380066 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-10255206 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-4436774 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-10255206 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4436774 | usd |
CY2021 | bimi |
Cash Received From Acquisition Of Subsidiaries
CashReceivedFromAcquisitionOfSubsidiaries
|
28457 | usd |
CY2022 | bimi |
Disposal Of Zhuoda
DisposalOfZhuoda
|
924740 | usd |
CY2021 | bimi |
Payment For The Acquisition Of Qiangsheng Eurasia And Mingkang Hospitals
PaymentForTheAcquisitionOfQiangshengEurasiaAndMingkangHospitals
|
3136910 | usd |
CY2022 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1800000 | usd |
CY2021 | bimi |
Deposit For The Acquisition Of Cogmer
DepositForTheAcquisitionOfCogmer
|
-3065181 | usd |
CY2022 | bimi |
Discontinued Operations Disposal Of Zhuoda
DiscontinuedOperationsDisposalOfZhuoda
|
-27117 | usd |
CY2021 | bimi |
Discontinued Operations Disposal Of Zhuoda
DiscontinuedOperationsDisposalOfZhuoda
|
886910 | usd |
CY2022 | bimi |
Discontinue Operationsheld For Sale Of Zhongshan Qiangsheng Eurasia And Mingkang
DiscontinueOperationsheldForSaleOfZhongshanQiangshengEurasiaAndMingkang
|
311277 | usd |
CY2021 | bimi |
Discontinue Operationsheld For Sale Of Zhongshan Qiangsheng Eurasia And Mingkang
DiscontinueOperationsheldForSaleOfZhongshanQiangshengEurasiaAndMingkang
|
2483549 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
242726 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-536866 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
1310641 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-536866 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1310641 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5000000 | usd |
CY2021 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
-135685 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
151995 | usd |
CY2021 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
6500000 | usd |
CY2022 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
49882 | usd |
CY2022 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
486442 | usd |
CY2022 | bimi |
Amount Financed From Related Parties
AmountFinancedFromRelatedParties
|
3870156 | usd |
CY2021 | bimi |
Amount Financed From Related Parties
AmountFinancedFromRelatedParties
|
361573 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
8433596 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
6877883 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8433596 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6877883 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
85681 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
722372 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2272795 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
4474122 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4609431 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
135309 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2336636 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4609431 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
6092 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
422033 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
163326 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
163883 | usd |
CY2021 | bimi |
Outstanding Payment For Equity Acquisition Of Guanzan Group
OutstandingPaymentForEquityAcquisitionOfGuanzanGroup
|
3818000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
3820000 | usd |
CY2021 | bimi |
Issuance Of Shares Of Common Stock For Payment Of Improvements To Offices
IssuanceOfSharesOfCommonStockForPaymentOfImprovementsToOffices
|
696896 | usd |
CY2021 | bimi |
Goodwill Recognized From Equity Acquisition Of Guanzan Group
GoodwillRecognizedFromEquityAcquisitionOfGuanzanGroup
|
7154392 | usd |
CY2021 | bimi |
Outstanding Payment For Equity Acquisition
OutstandingPaymentForEquityAcquisition
|
6100723 | usd |
CY2021 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
5400000 | usd |
CY2022 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. ORGANIZATION AND BUSINESS BACKGROUND</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">BIMI International Medical, Inc. (the “Company” or “BIMI”) was incorporated in the State of Delaware as Galli Process, Inc. on October 31, 2000. On February 7, 2002, the Company changed its name to Global Broadcast Group, Inc. On November 12, 2004, the Company changed its name to Diagnostic Corporation of America. On March 15, 2007, the Company changed its name to NF Energy Saving Corporation of America, and on August 24, 2009, the Company changed its name to NF Energy Saving Corporation. On December 16, 2019, the Company changed its name to BOQI International Medical Inc., to reflect the Company’s refocus of its business from the energy saving industry to the health care industry. Since March 7, 2012, the common stock of the Company (the “Common Stock”) has been traded on the Nasdaq Capital Market.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Until October 14, 2019, the Company, through NF Energy Saving Investment Limited and its subsidiaries (the “NF Group”), operated in the energy saving enhancement technology industry in the People’s Republic of China (the “PRC”). The NF Group focused on providing services relating to energy saving technology, optimization design, energy saving reconstruction of pipeline networks and contractual energy management for the electric power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries in the PRC and the manufacture and sales of energy-saving flow control equipment. In late 2019, the Company committed to a plan to dispose of all its equity interests in the NF Group and on March 31, 2020, the Company entered into an agreement to sell the NF Group. The sale of the NF Group closed on June 23, 2020.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On October 14, 2019, the Company acquired 100% of the equity interests in Lasting Wisdom Holdings Limited (“Lasting”), a limited company incorporated under the laws of the British Virgin Islands (“BVI”). Lasting has limited operating activities since incorporation except for holding the ownership interest in Pukung Limited (“Pukung”), a company organized under the laws of Hong Kong. Pukung owns 100% of the equity interest in Beijing Xinrongxin Industrial Development Co., Ltd. (“Xinrongxin”), a company organized under the laws of the PRC. Xinrongxin owns all the ownership interest of Dalian Boqi Zhengji Pharmacy Chain Co., Ltd. (“Boqi Zhengji”). Boqi Zhengji operated 16 retail pharmacy stores in China at the time of the acquisition (collectively, the “Boqi Pharmacy Group”). Lasting, Pukung, Xinrongxin and Boqi Zhengji are hereinafter collectively referred to as the “Boqi Zhengji Group”. Xinrongxin also owns 100% equity interests in Dalian Boyi Technology Co., Ltd. (“Dalian Boyi”), a subsidiary established in January 2020 and responsible for the Company’s R&D and other technology related functions.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On June 24, 2020, the Company established a wholly owned subsidiary Boyi (Liaoning) Technology Co. Ltd (“Liaoning Boyi”), in order to be qualified to participate in local healthcare projects. On December 22, 2020, the Company established another subsidiary, Bimai Pharmaceutical (Chongqing) Co., Ltd. (“Chongqing Bimai”), to replace Xinronxin as the holding company for all the retail, wholesale and hospital operations in China.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On March 18, 2020, the Company, through its wholly owned subsidiary, Xinrongxin, acquired 100% of the equity interests in Chongqing Guanzan Technology Co., Ltd. (“Guanzan”). Guanzan held an 80% equity interest in Chongqing Shude Pharmaceutical Co., Ltd. (“Shude”, collectively with Guanzan, the “Guanzan Group”). Guanzan also owns 100% equity interest in Chongqing Lijiantang Pharmaceutical Co. Ltd., a subsidiary established in May 2020. Lijiantang operates 4 retail pharmacy stores in China (collectively, the “Lijiantang Pharmacy Group”,”).</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On December 11, 2020, the Company entered into a stock purchase agreement to sell Boqi Zhengji. The sale of the Boqi Zhengji was closed by the end of 2020, although the government record was not updated until February 2, 2021 due to the Chinese government’s alternative working schedule and other delays caused by COVID-19.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On December 9, 2020, the Company entered into an agreement to acquire 100% of the equity interests in Chongqing Guoyitang Hospital (“Guoyitang”), the owner and operator of a private general hospital in Chongqing City, a city in Southwest China. The transaction closed on February 2, 2021.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On December 15, 2020, the Company entered into a stock purchase agreement to acquire Chaohu Zhongshan Minimally Invasive Hospital (“Zhongshan”), a private hospital in the east region of China. The transaction closed on February 5, 2021.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On April 9, 2021, the Company entered into a stock purchase agreement to acquire three private hospitals in the PRC, Wuzhou Qiangsheng Hospital (“Qiangsheng”), Suzhou Eurasia Hospital(“Eurasia”) and Yunnan Yuxi MinKang hospital (“Minkang”). The transaction closed on May 6, 2021.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On April 21, 2021, Bimai Hospital Management (Chongqing) Co. Ltd. was incorporated in the PRC by the Company to manage the operations of the Company’s medical devices segment.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On April 21, 2021, Pusheng Pharmaceutical Co., Ltd. was incorporated in the PRC by the Company to manage its wholesale distribution of generic drugs.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On September 10, 2021, the Company entered into a stock purchase agreement to acquire 100% of the equity interests in Chongqing Zhuoda Pharmaceutical Co., LTD (“Zhuoda”). The transaction closed on October 8, 2021.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; ">On December 20, 2021, the Company entered into a stock purchase agreement to acquire Bengbu Mali OB-GYN Hospital Co., Ltd. (“Mali Hospital”). We agreed to purchase all the issued and outstanding equity interests in Mali Hospital in consideration of $16,750,000. On January 4, 2022, we paid RMB7,227,000 to the seller as partial consideration. The transaction did not close and on December 15, 2022, the Company entered into a termination agreement with respect to the purchase of Mali Hospital. Pursuant to the termination agreement, the original agreement will terminate effective as of the date of the return of the 60,000 shares of the Company’s common stock previously issued to the sellers of Mali Hospital and certain third-party beneficiaries. Such return is expected to take place promptly. The Company did not incur any penalties as a result of the termination of the Original Agreement. As of the date of this annual report, we have not received the refund of RMB7,227,000 we paid on January 4, 2022.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">The Pharmacy Group engages in the retail sale of medicine and other healthcare products in the PRC. The Pharmacy Group sells its medicine and other healthcare products to customers through its directly-owned stores. The Pharmacy Group offers a wide range of products, including prescription and over-the-counter (“OTC”) drugs, nutritional supplements, traditional Chinese medicines, personal and family care products and medical devices, as well as miscellaneous items.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">The Company’s wholesale segments are engaged in the distribution of medical devices and pharmaceuticals.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">The Company’s medical services segments are engaged in providing medical services in the hospitals.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">As of December 31,2022, the details of the Company’s major subsidiaries are as follows:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; border-bottom: Black 1.5pt solid; text-align: left; font-weight: bold; vertical-align: bottom">Name</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Place of incorporation and<br/> kind of legal entity</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Principal activities and<br/> place of operation</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Effective <br/> interest held(%)</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 32%; text-align: left">Lasting Wisdom Holdings Limited</td><td style="width: 1%"> </td> <td style="width: 24%; text-align: left">British Virgin Island, a limited liability company</td><td style="width: 1%"> </td> <td style="width: 24%; text-align: left">Investment holding</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right">100</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Pukung Limited</td><td> </td> <td style="text-align: left">Hong Kong, a limited liability company</td><td> </td> <td style="text-align: left">Investment holding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Beijing Xinrongxin Industrial Development Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Investment holding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Boyi (Liaoning) Technology Co., Ltd</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">IT Technology service research and development</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Dalian Boyi Technology Co., Ltd</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">IT Technology service research and development</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Chongqing Guanzan Technology Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Wholesale distribution of medical devices in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Chongqing Shude Pharmaceutical Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Wholesale distribution of generic drugs in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">95</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Chongqing Lijiantang Pharmaceutical Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Wholesale distribution of generic drugs in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Bimai Pharmaceutical (Chongqing) Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Investment holding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Chongqing Guoyitang Hospital Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Hospital in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Chongqing Huzhongtang Healthy Technology Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Wholesale distribution of generic drugs in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Chaohu Zhongshan Minimally Invasive Hospital Co.,Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Hospital in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Yunnan Yuxi Minkang Hospital Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Hospital in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Wuzhou Qiangsheng Hospital Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Hospital in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Suzhou Eurasia Hospital Co., Ltd.</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Hospital in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Bimai Hospital Management (Chongqing) Co. Ltd</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Hospital management in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Pusheng Pharmaceutical Co., Ltd</td><td> </td> <td style="text-align: left">The PRC, a limited liability company</td><td> </td> <td style="text-align: left">Wholesale distribution of generic drugs in the PRC</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">100</td><td style="text-align: left"> </td></tr> </table> | |
CY2021Q4 | us-gaap |
Interest And Fee Income Loans Consumer Home Equity
InterestAndFeeIncomeLoansConsumerHomeEquity
|
16750000 | usd |
CY2022Q1 | us-gaap |
Interest And Fee Income Loans Consumer Home Equity
InterestAndFeeIncomeLoansConsumerHomeEquity
|
7227000 | cny |
CY2022Q1 | us-gaap |
Customer Refundable Fees
CustomerRefundableFees
|
7227000 | cny |
CY2022Q4 | bimi |
Allowance For Obsolete Inventories
AllowanceForObsoleteInventories
|
59567 | usd |
CY2022 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
22393259 | usd |
CY2021 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
34985956 | usd |
CY2022 | us-gaap |
Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
|
10255206 | usd |
CY2021 | us-gaap |
Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
|
4436774 | usd |
CY2022Q4 | bimi |
Net Current Liabilities Percentage
NetCurrentLiabilitiesPercentage
|
21266.72 | pure |
CY2021Q4 | bimi |
Net Current Liabilities Percentage
NetCurrentLiabilitiesPercentage
|
9324.92 | pure |
CY2022Q4 | us-gaap |
Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
|
70143785 | usd |
CY2021Q4 | us-gaap |
Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
|
47900930 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
2252401 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
2091927 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in; font-size: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td> <td style="font-size: 10pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of estimates</b></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">The preparation of the consolidated financial statements in conformity with the U.S. GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities on the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and judgments on historical experience and on various other assumptions and information that are believed to be reasonable under the circumstances. Estimates and assumptions of future events and their effects cannot be perceived with certainty and, accordingly, these estimates may change as new events occur, as more experience is acquired, as additional information is obtained and as our operating environment changes. Significant estimates and assumptions made by management include, among others, useful lives and impairment of long-lived assets, impairment of goodwill, collectability of accounts receivable, advances to suppliers, allowance for doubtful accounts, reserve of inventory and valuation of derivative liabilities. While the Company believes that the estimates and assumptions used in the preparation of the consolidated financial statements are appropriate, actual results could differ from those estimates. Estimates and assumptions are periodically reviewed and the effects of revisions are reflected in the consolidated financial statements in the period they are determined to be necessary.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p> | |
CY2021 | bimi |
Addition During The Year
AdditionDuringTheYear
|
usd | |
CY2022 | bimi |
Accounts Receivables Contractual Term
AccountsReceivablesContractualTerm
|
P90D | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1380929 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
53698 | usd |
CY2021Q4 | bimi |
Allowance For Obsolete Inventories
AllowanceForObsoleteInventories
|
93884 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
5385811 | usd |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
26128171 | usd |
CY2022Q4 | bimi |
Foreign Currency Exchange Rate Translations Annual Average
ForeignCurrencyExchangeRateTranslationsAnnualAverage
|
6.7261 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.50 | pure |
CY2022Q4 | bimi |
Percentage Of Income Tax Examination Minimum Likelihood Of Tax Benefits Being Realized Upon Settlement
PercentageOfIncomeTaxExaminationMinimumLikelihoodOfTaxBenefitsBeingRealizedUponSettlement
|
0.13 | pure |
CY2022Q4 | us-gaap |
Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
|
6.9646 | pure |
CY2021Q4 | us-gaap |
Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
|
6.3757 | pure |
CY2022Q4 | bimi |
Shares Issued For Interest Payment
SharesIssuedForInterestPayment
|
usd | |
CY2021Q4 | bimi |
Foreign Currency Exchange Rate Translations Annual Average
ForeignCurrencyExchangeRateTranslationsAnnualAverage
|
6.4515 | pure |
CY2022 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | pure |
CY2020Q4 | us-gaap |
Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
|
7374000 | usd |
CY2022Q4 | us-gaap |
Other Minority Interests
OtherMinorityInterests
|
46295 | usd |
CY2022 | bimi |
Non Controlling Equity Interest Percentage
NonControllingEquityInterestPercentage
|
0.20 | pure |
CY2021Q2 | us-gaap |
Investment Company Committed Capital
InvestmentCompanyCommittedCapital
|
4892293 | usd |
CY2020Q4 | bimi |
Partial Consideration
PartialConsideration
|
6100723 | usd |
CY2020Q4 | bimi |
Partial Consideration
PartialConsideration
|
40000000 | cny |
CY2021Q1 | bimi |
Common Stock Shares
CommonStockShares
|
400000 | shares |
CY2022 | bimi |
Heacquisitionoftheqiangshengeurasiaandminkanghospitals
HEACQUISITIONOFTHEQIANGSHENGEURASIAANDMINKANGHOSPITALS
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 0.25in; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>7.</b></span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>THE ACQUISITION OF THE QIANGSHENG, EURASIA AND MINKANG HOSPITALS</b></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">On April 9, 2021, the Company and Chongqing Bimai entered into a stock purchase agreement to acquire three private hospitals in the PRC, the Qiangsheng, Eurasia and Minkang hospitals. Pursuant to the agreement, the Company agreed to purchase all the issued and outstanding equity interests in the three hospitals in consideration of approximately $25,023,555 (RMB162,000,000) to paid by the issuance of 4,000,000 shares of Common Stock, the value of which was agreed to be RMB 78 million or $12 million and the payment of RMB 84,000,000 (approximately $13,008,734) in cash (the “Cash Consideration”). The first payment of the Cash Consideration was RMB 20,000,000 (approximately $3,097,317). The second and third payments of the Cash Consideration of RMB 64,000,000 (approximately $9,911,416) were subject to post-closing adjustments based on the performance of Qiangsheng, Eurasia and Minkang in 2021 and 2022. The sellers had the right to receive the second and third payments in the form of shares of Common Stock valued at $15.00 per share or in cash. The transaction closed on May 6, 2021, at which time 4,000,000 shares of Common Stock were issued. As a result of the performance failure by the three hospitals for the year ended December 31, 2021, the sellers are not eligible to receive any contingent payments.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">The following summarizes the identified assets acquired and liabilities assumed pursuant to the Qiangsheng, Eurasia and Minkang acquisitions as of May 6, 2021:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid; padding-left: 0in; font-weight: bold; text-align: left">Items</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Amount</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-left: 0in; font-weight: bold; text-align: left">Assets</td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; width: 88%; text-align: left">Cash and cash equivalents</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">12,341</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Accounts receivable, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,836</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Inventories, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">156,576</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Advances and other receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">40,620</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Property, plant and equipment, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">653,104</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Operating lease-right of use assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,168,709</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Goodwill</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,067,529</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0in; font-weight: bold; text-align: left">Liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Accounts payable, trade</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(355,980</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Advances from customers</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(36,798</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Tax payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(345,870</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Other payables and accrued liabilities</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(311,174</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Lease liability-current</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(365,788</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Lease liability-non current</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(1,988,195</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0in; font-weight: bold; text-align: left">Total net assets</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">8,736,910</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">The fair value of all assets acquired and liabilities assumed is the estimated book value of the Qiangsheng, Eurasia and Minkang hospitals. Goodwill represents the excess of the fair value of purchase price over the amounts assigned to the fair value of the assets acquired and the liabilities assumed of Qiangsheng, Eurasia and Minkang Hospitals at the acquisition date.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.05pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On December 28, 2022, we entered into an agreement to transfer 90% of the equity interests in Qiangsheng, Minkang and Eurasia to the previous owners. As consideration for the transfer, the sellers agreed to return to us the 80,000 shares of Common Stock which were previously issued upon the acquisition of the three hospitals. The sales of Qiangsheng, Minkang and Eurasia are expected to close in the second quarter of 2023.</p> | |
CY2021Q2 | us-gaap |
Stock Issued1
StockIssued1
|
4000000 | usd |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
12341 | usd |
CY2021Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
|
41836 | usd |
CY2021Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
|
156576 | usd |
CY2021Q2 | us-gaap |
Other Receivables
OtherReceivables
|
40620 | usd |
CY2021Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedEquipment
|
653104 | usd |
CY2021Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2168709 | usd |
CY2021Q2 | us-gaap |
Goodwill
Goodwill
|
9067529 | usd |
CY2021Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
|
355980 | usd |
CY2021Q2 | bimi |
Advances From Customer
AdvancesFromCustomer
|
-36798 | usd |
CY2021Q2 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
345870 | usd |
CY2021Q2 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
311174 | usd |
CY2021Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt
|
365788 | usd |
CY2021Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
|
1988195 | usd |
CY2021Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
|
8736910 | usd |
CY2022Q4 | bimi |
Equity Method Investments Summarized Financial Information Minority Interest
EquityMethodInvestmentsSummarizedFinancialInformationMinorityInterest
|
0.90 | pure |
CY2022Q4 | us-gaap |
Stock Issued1
StockIssued1
|
80000 | usd |
CY2022 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
44000 | shares |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
4813160 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
6170551 | usd |
CY2022 | bimi |
Allowance For Doubtful Accounts
AllowanceForDoubtfulAccounts
|
-1604874 | usd |
CY2021 | bimi |
Allowance For Doubtful Accounts
AllowanceForDoubtfulAccounts
|
-295945 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
3208286 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
5874607 | usd |
CY2022 | us-gaap |
Payments To Suppliers
PaymentsToSuppliers
|
6589759 | usd |
CY2021 | us-gaap |
Payments To Suppliers
PaymentsToSuppliers
|
2909048 | usd |
CY2022 | us-gaap |
Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
|
6589759 | usd |
CY2021 | us-gaap |
Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
|
2909048 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
7067613 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
614231 | usd |
CY2021Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
302035 | usd |
CY2022Q4 | bimi |
Less Impairment Allowance
LessImpairmentAllowance
|
27602 | usd |
CY2021Q4 | bimi |
Less Impairment Allowance
LessImpairmentAllowance
|
30152 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
7654242 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
2238692 | usd |
CY2022 | bimi |
Accrued Allowance Of Inventory
AccruedAllowanceOfInventory
|
27602 | usd |
CY2021 | bimi |
Accrued Allowance Of Inventory
AccruedAllowanceOfInventory
|
30152 | usd |
CY2022Q4 | bimi |
Rental Security Deposits
RentalSecurityDeposits
|
132960 | usd |
CY2021Q4 | bimi |
Rental Security Deposits
RentalSecurityDeposits
|
39180 | usd |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
56121 | usd |
CY2021Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
73566 | usd |
CY2022 | us-gaap |
Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
|
166765 | usd |
CY2021Q4 | us-gaap |
Value Added Tax Receivable
ValueAddedTaxReceivable
|
297141 | usd |
CY2021Q4 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
1227778 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
24337 | usd |
CY2022Q4 | us-gaap |
Unsecured Debt Current
UnsecuredDebtCurrent
|
66986 | usd |
CY2021Q4 | us-gaap |
Unsecured Debt Current
UnsecuredDebtCurrent
|
61781 | usd |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
923785 | usd |
CY2021Q4 | us-gaap |
Other Receivables
OtherReceivables
|
137816 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
23875 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
26080 | usd |
CY2022Q4 | us-gaap |
Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
|
1347079 | usd |
CY2021Q4 | us-gaap |
Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
|
1811182 | usd |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
23875 | usd |
CY2021 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
26080 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2642346 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2833772 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
938926 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
888220 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
1703420 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
1945552 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
220064 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
240660 | usd |
CY2022Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
19679 | usd |
CY2021Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
21495 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
19679 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
21495 | usd |
CY2022Q4 | bimi |
H Less Accumulated Amortization
HLessAccumulatedAmortization
|
-3496 | usd |
CY2021Q4 | bimi |
H Less Accumulated Amortization
HLessAccumulatedAmortization
|
-3456 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
16183 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
18039 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3496 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3456 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1402550 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3107381 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1845178 | usd |
CY2021Q4 | bimi |
Shares Issued For Interest Payment
SharesIssuedForInterestPayment
|
usd | |
CY2022Q4 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
1800000 | usd |
CY2022Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
1800000 | usd |
CY2022Q3 | bimi |
Equity Interests Percentage
EquityInterestsPercentage
|
1 | pure |
CY2022Q3 | us-gaap |
Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
|
1800000 | usd |
CY2022 | bimi |
Cash Purchase
CashPurchase
|
180000 | usd |
CY2022 | bimi |
Total Shares Issued
TotalSharesIssued
|
5270000 | shares |
CY2022 | bimi |
Shares Issued One
SharesIssuedOne
|
270000 | shares |
CY2022 | bimi |
Balance Shares
BalanceShares
|
5000000 | shares |
CY2022Q4 | us-gaap |
Value Of Business Acquired Voba
ValueOfBusinessAcquiredVOBA
|
2500000 | usd |
CY2022Q4 | bimi |
Operating Lease Right Of Use Asset Total
OperatingLeaseRightOfUseAssetTotal
|
2942265 | usd |
CY2021Q4 | bimi |
Operating Lease Right Of Use Asset Total
OperatingLeaseRightOfUseAssetTotal
|
1708740 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2942265 | usd |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1708740 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
532630 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
442628 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2574751 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
683240 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
760535 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
773941 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
787224 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
|
743755 | usd |
CY2022 | bimi |
Total Minimum Lease Payments
TotalMinimumLeasePayments
|
3748695 | usd |
CY2022 | bimi |
Less Amounts Representing Interest
LessAmountsRepresentingInterest
|
-641314 | usd |
CY2022Q4 | bimi |
Operating Lease Total
OperatingLeaseTotal
|
3107381 | usd |
CY2021Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
8376217 | usd |
CY2020Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
34504388 | usd |
CY2022Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
924740 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss Net Of Tax
GoodwillImpairmentLossNetOfTax
|
5385811 | usd |
CY2021 | us-gaap |
Goodwill Impairment Loss Net Of Tax
GoodwillImpairmentLossNetOfTax
|
26128171 | usd |
CY2022Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
2065666 | usd |
CY2021Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
8376217 | usd |
CY2022 | us-gaap |
Goodwill Transfers
GoodwillTransfers
|
2065666 | usd |
CY2021 | us-gaap |
Goodwill Transfers
GoodwillTransfers
|
8376217 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
5385811 | usd |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
26128171 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
818425 | usd |
CY2021Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
768543 | usd |
CY2022 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
65807 | usd |
CY2022 | us-gaap |
Exchange Fees
ExchangeFees
|
usd | |
CY2021 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
41076 | usd |
CY2022Q4 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
420751 | usd |
CY2021Q4 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
907193 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
105965 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
369187 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
314786 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
538006 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0945 | pure |
CY2022Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
119653 | usd |
CY2022Q3 | us-gaap |
Long Term Debt Term
LongTermDebtTerm
|
P2Y | |
CY2022Q3 | us-gaap |
Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
|
0.144 | pure |
CY2022 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
75962 | usd |
CY2021 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
106600 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
105965 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
369187 | usd |
CY2022Q4 | us-gaap |
Other Assets
OtherAssets
|
475152 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
12.95 | |
CY2022Q4 | bimi |
Shares Of Common Stock
SharesOfCommonStock
|
130000 | shares |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
14.23 | |
CY2021Q1 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
5400000 | usd |
CY2021Q1 | bimi |
Shares Of Common Stock
SharesOfCommonStock
|
152000 | shares |
CY2021Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
14.23 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
5211160 | usd |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3328447 | usd |
CY2022Q4 | bimi |
Interest Accrued At Effective Interest Rate
InterestAccruedAtEffectiveInterestRate
|
2585840 | usd |
CY2021Q4 | bimi |
Interest Accrued At Effective Interest Rate
InterestAccruedAtEffectiveInterestRate
|
7282713 | usd |
CY2022Q4 | bimi |
Redemption Of Convertible Promissory Note
RedemptionOfConvertiblePromissoryNote
|
-7797000 | usd |
CY2021Q4 | bimi |
Redemption Of Convertible Promissory Note
RedemptionOfConvertiblePromissoryNote
|
-5400000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
1108785 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
5211160 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Description
DebtInstrumentDescription
|
the “November SPA”) with the same two Institutional Investors to sell them a series of senior convertible notes (the “2021 Notes”) with an original issue discount of 20% and ranking senior to all outstanding and future indebtedness of the Company in a private placement. Each Institutional Investor paid $3,250,000 in cash for a 2021 Note in the face amount of $3,900,000. The November SPA also provided for the issuance of additional 2021 Notes in an aggregate original principal amount not to exceed $3,900,000 under certain circumstances. The November SPA also contains provisions about the Market Event Price. The 2021 Notes, which were issued on November 22, 2021, mature on the eighteen-month anniversary of the issuance date, are payable by the Company in installments and are convertible at the election of the Institutional Investors at the conversion price of $3.25 (post-Split Price and subject to the Event Market Price Adjustment), which is subject to adjustment in the event of default. Each Institutional Investor also received a warrant (the “Institutional Investor 2021 Warrant”) to purchase 180,000 shares of Common Stock at an initial exercise price of $3.55 per share (subject to the Event Market Price Adjustment). The placement agent for the private placement received a warrant (the “Placement Agent 2021 Warrant”, together with the Institutional Investor 2021 Warrant, the “2021 Warrants”) to purchase up to 8% of the aggregate number of shares of Common Stock at an initial exercise price of $3.55 per share (post-Split Price and subject to the Event Market Price Adjustment), subject to increase based on the number of shares Common Stock issued pursuant to the 2021 Notes. | |
CY2022Q4 | bimi |
Convertible Note Principal
ConvertibleNotePrincipal
|
1108785 | usd |
CY2021Q4 | bimi |
Convertible Note Principal
ConvertibleNotePrincipal
|
7800000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
2588840 | usd |
CY2022Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
1108785 | usd |
CY2021Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
5211160 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1.71 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1.71 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0087 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0087 | pure |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P1Y5M1D | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P1Y5M1D | |
CY2022Q4 | us-gaap |
Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
|
4600441 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
|
730285 | usd |
CY2022 | us-gaap |
Loan Processing Fee
LoanProcessingFee
|
2000000 | usd |
CY2022Q4 | us-gaap |
Longterm Construction Loan Current And Noncurrent
LongtermConstructionLoanCurrentAndNoncurrent
|
1620000 | usd |
CY2022Q4 | bimi |
Payroll Payable Current
PayrollPayableCurrent
|
411043 | usd |
CY2021Q4 | bimi |
Payroll Payable Current
PayrollPayableCurrent
|
671147 | usd |
CY2022Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
2135333 | usd |
CY2021Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
1005833 | usd |
CY2022Q4 | bimi |
Accrued Operating Expenses
AccruedOperatingExpenses
|
-900 | usd |
CY2021Q4 | bimi |
Acquisition Payable
AcquisitionPayable
|
403305 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
630097 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
3175574 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
2080285 | usd |
CY2019Q4 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
500000 | usd |
CY2021Q4 | bimi |
Employment Agreement Term
EmploymentAgreementTerm
|
P1Y | |
CY2021 | us-gaap |
Exchange Fees
ExchangeFees
|
usd | |
CY2021Q4 | us-gaap |
Salaries And Wages
SalariesAndWages
|
1000000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
100000 | shares |
CY2021Q3 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
250000 | usd |
CY2022 | bimi |
Employment Agreement Term
EmploymentAgreementTerm
|
P1Y | |
CY2022 | us-gaap |
Salaries And Wages
SalariesAndWages
|
500000 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
500000 | shares |
CY2022Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
15806052 | shares |
CY2021Q1 | bimi |
Aggregate Principal Amounts
AggregatePrincipalAmounts
|
74473 | usd |
CY2022Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
|
500000 | usd |
CY2022Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
|
500000 | shares |
CY2022Q3 | us-gaap |
Shares Issued
SharesIssued
|
12500000 | shares |
CY2022Q3 | us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
5 | usd |
CY2022Q4 | us-gaap |
Shares Issued
SharesIssued
|
44000 | shares |
CY2022Q4 | us-gaap |
Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
|
15806052 | shares |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
6276080 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.165 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.25 | pure |
CY2022 | bimi |
Income Loss Before Income Taxes
IncomeLossBeforeIncomeTaxes
|
-3479593 | usd |
CY2021 | bimi |
Income Loss Before Income Taxes
IncomeLossBeforeIncomeTaxes
|
-1076954 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-869899 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-269239 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
1481 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
9057 | usd |
CY2022 | bimi |
Income Tax Reconciliation Nonprofitable Expense
IncomeTaxReconciliationNonprofitableExpense
|
874510 | usd |
CY2021 | bimi |
Income Tax Reconciliation Nonprofitable Expense
IncomeTaxReconciliationNonprofitableExpense
|
596660 | usd |
CY2021 | bimi |
Tax Effect Of Preferential Tax Rate
TaxEffectOfPreferentialTaxRate
|
-306806 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6092 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
29674 | usd |
CY2022 | bimi |
Effective Vat Rate Percentage
EffectiveVatRatePercentage
|
0.13 | pure |
CY2022 | bimi |
Value Added Tax Payable
ValueAddedTaxPayable
|
7893 | usd |
CY2021 | bimi |
Value Added Tax Payable
ValueAddedTaxPayable
|
11163 | usd |
CY2022 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
13 | usd |
CY2021 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
642 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
usd | |
CY2022 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
-21628406 | usd |
CY2021 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
-34693619 | usd |
CY2022 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
-689650 | usd |
CY2021 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
-228126 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-22318056 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-34921745 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
2664653 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
536293 | shares |
CY2022 | bimi |
Continuing Operations
ContinuingOperations
|
-8.12 | |
CY2021 | bimi |
Continuing Operations
ContinuingOperations
|
-64.69 | |
CY2022 | bimi |
Income Loss From Discontinued Operations Basic And Diluted
IncomeLossFromDiscontinuedOperationsBasicAndDiluted
|
-0.26 | |
CY2021 | bimi |
Income Loss From Discontinued Operations Basic And Diluted
IncomeLossFromDiscontinuedOperationsBasicAndDiluted
|
-0.43 | |
CY2022 | bimi |
Total Loss Per Share
TotalLossPerShare
|
-8.38 | |
CY2021 | bimi |
Total Loss Per Share
TotalLossPerShare
|
-65.12 | |
CY2022 | bimi |
Statutory Reserve
StatutoryReserve
|
0.10 | pure |
CY2022 | bimi |
Aftertax Net Income
AftertaxNetIncome
|
0.50 | pure |
CY2022 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | pure |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
11830379 | usd |
CY2022 | bimi |
Cost Of Revenues
CostOfRevenues
|
9880429 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
77939 | usd |
CY2022 | bimi |
Profitloss
Profitloss
|
-21628406 | usd |
CY2021Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
usd | |
CY2022Q4 | bimi |
Total Assets
TotalAssets
|
29853668 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
21319610 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
usd | |
CY2021 | bimi |
Cost Of Revenues
CostOfRevenues
|
18893667 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
170532 | usd |
CY2021 | bimi |
Profitloss
Profitloss
|
-34693619 | usd |
CY2021Q4 | bimi |
Total Assets
TotalAssets
|
29699202 | usd |
CY2022 | bimi |
Total Revenues From Reportable Segments
TotalRevenuesFromReportableSegments
|
12813333 | usd |
CY2022 | bimi |
Elimination Of Intersegments Revenues
EliminationOfIntersegmentsRevenues
|
-982954 | usd |
CY2022 | bimi |
Total Consolidated Revenues
TotalConsolidatedRevenues
|
11830379 | usd |
CY2022 | bimi |
Total Loss From Reportable Segments
TotalLossFromReportableSegments
|
-2727636 | usd |
CY2022 | bimi |
Elimination Of Intersegments Profit Or Loss
EliminationOfIntersegmentsProfitOrLoss
|
-696567 | usd |
CY2022 | bimi |
Amortization Of Discount Of Notes And Convertible Notes
AmortizationOfDiscountOfNotesAndConvertibleNotes
|
-3260788 | usd |
CY2022 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
14943415 | usd |
CY2022 | bimi |
Total Net Loss
TotalNetLoss
|
-21628406 | usd |
CY2022Q4 | bimi |
Total Assets From Reportable Segments
TotalAssetsFromReportableSegments
|
36787755 | usd |
CY2022Q4 | bimi |
Elimination Of Intersegments Receivables
EliminationOfIntersegmentsReceivables
|
-15662215 | usd |
CY2022Q4 | bimi |
Other Unallocated Assets Phenix Bio Inc
OtherUnallocatedAssetsPhenixBioInc
|
1800000 | usd |
CY2022Q4 | bimi |
Other Unallocated Assets Xinrongxin
OtherUnallocatedAssetsXinrongxin
|
4167 | usd |
CY2022Q4 | bimi |
Other Unallocated Assets Liaoning Boyi
OtherUnallocatedAssetsLiaoningBoyi
|
30654 | usd |
CY2022Q4 | bimi |
Other Unallocated Assets Dalian Boyi
OtherUnallocatedAssetsDalianBoyi
|
3975 | usd |
CY2022Q4 | bimi |
Other Unallocated Assets Chongqing Bimai
OtherUnallocatedAssetsChongqingBimai
|
1624154 | usd |
CY2022Q4 | bimi |
Other Unallocated Assets Bimi
OtherUnallocatedAssetsBIMI
|
5265178 | usd |
CY2022Q4 | bimi |
Total Consolidated Assets
TotalConsolidatedAssets
|
29853668 | usd |
CY2021 | bimi |
Total Revenues From Reportable Segments
TotalRevenuesFromReportableSegments
|
25685842 | usd |
CY2021 | bimi |
Other Revenues
OtherRevenues
|
14165 | usd |
CY2021 | bimi |
Elimination Of Intersegments Revenues
EliminationOfIntersegmentsRevenues
|
-4380397 | usd |
CY2021 | bimi |
Total Consolidated Revenues
TotalConsolidatedRevenues
|
21319610 | usd |
CY2021 | bimi |
Total Loss From Reportable Segments
TotalLossFromReportableSegments
|
482368 | usd |
CY2021 | bimi |
Elimination Of Intersegments Profit Or Loss
EliminationOfIntersegmentsProfitOrLoss
|
-671410 | usd |
CY2021 | bimi |
Amortization Of Discount Of Notes And Convertible Notes
AmortizationOfDiscountOfNotesAndConvertibleNotes
|
-2252401 | usd |
CY2021 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
15201469 | usd |
CY2021 | bimi |
Total Net Loss
TotalNetLoss
|
-17642912 | usd |
CY2021Q4 | bimi |
Total Assets From Reportable Segments
TotalAssetsFromReportableSegments
|
36523225 | usd |
CY2021Q4 | bimi |
Elimination Of Intersegments Receivables
EliminationOfIntersegmentsReceivables
|
-25344121 | usd |
CY2021Q4 | bimi |
Other Unallocated Assets Dalian Boyi
OtherUnallocatedAssetsDalianBoyi
|
21955 | usd |
CY2021Q4 | bimi |
Other Unallocated Assets Chongqing Bimai
OtherUnallocatedAssetsChongqingBimai
|
18173386 | usd |
CY2021Q4 | bimi |
Other Unallocated Assets Liaoning Boyi
OtherUnallocatedAssetsLiaoningBoyi
|
33847 | usd |
CY2021Q4 | bimi |
Other Unallocated Assets Xinrongxin
OtherUnallocatedAssetsXinrongxin
|
3188516 | usd |
CY2021Q4 | bimi |
Other Unallocated Assets Bimi
OtherUnallocatedAssetsBIMI
|
5531557 | usd |
CY2021Q4 | bimi |
Total Consolidated Assets
TotalConsolidatedAssets
|
38128365 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
usd | |
CY2022 | bimi |
Schedule Of Revenues From Each Types Of Products Table Txet Block
ScheduleOfRevenuesFromEachTypesOfProductsTableTxetBlock
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: left"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center">For the years ended<br/> December 31,</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold; vertical-align: bottom"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt; vertical-align: bottom"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center">2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold; vertical-align: bottom"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt; vertical-align: bottom"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left; text-indent: -9pt; padding-left: 9pt">Medical devices wholesale</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">4,142,455</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">3,445,107</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt">Pharmaceuticals wholesale</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,831,328</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16,495,373</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt">Medical services</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-176">-</div></td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,048,318</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt">Pharmacy retail</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">856,596</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">316,647</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt">Others</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right"><div style="-sec-ix-hidden: hidden-fact-177">-</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">14,165</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt">Total</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">11,830,379</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">21,319,610</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: left"> </p> | |
CY2022 | bimi |
Total Revenue
TotalRevenue
|
11830379 | usd |
CY2021 | bimi |
Total Revenue
TotalRevenue
|
21319610 | usd |
CY2022Q4 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.10 | pure |
CY2021 | bimi |
Accounts Receivable Percentage
AccountsReceivablePercentage
|
0.10 | pure |
CY2022Q4 | us-gaap |
Investment Sold Not Yet Purchased Percent Of Net Assets
InvestmentSoldNotYetPurchasedPercentOfNetAssets
|
0.10 | pure |
CY2022Q4 | us-gaap |
Shares Issued
SharesIssued
|
200000 | shares |
CY2022Q4 | us-gaap |
Shares Issued
SharesIssued
|
400000 | shares |
CY2022Q3 | us-gaap |
Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
|
180000 | usd |
CY2022Q3 | us-gaap |
Shares Issued
SharesIssued
|
5270000 | shares |
CY2022Q3 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
270000 | shares |
CY2022Q3 | bimi |
Aggregate Net Profit
AggregateNetProfit
|
2500000 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
2000000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Interest Bearing Interest Rate
AccountsPayableInterestBearingInterestRate
|
0.06 | pure |
CY2022Q4 | bimi |
Conversion Price
ConversionPrice
|
0.4 | |
CY2022Q4 | us-gaap |
Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
|
0.60 | pure |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
0.25 | |
CY2022Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
|
usd | |
CY2021Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
usd | |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
usd | |
CY2022Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
usd | |
CY2022Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
usd | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3764780 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3764780 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
850222 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
850222 | shares |
CY2021Q4 | bimi |
Accrued Operating Expenses
AccruedOperatingExpenses
|
usd | |
CY2022Q4 | bimi |
Social Security Payable
SocialSecurityPayable
|
usd | |
CY2021Q4 | bimi |
Social Security Payable
SocialSecurityPayable
|
usd | |
CY2022 | bimi |
Common Stock To Be Issued Upon Conversion Of Convertible Promissory Notes
CommonStockToBeIssuedUponConversionOfConvertiblePromissoryNotes
|
usd | |
CY2021 | bimi |
Common Stock To Be Issued Upon Conversion Of Convertible Promissory Notes
CommonStockToBeIssuedUponConversionOfConvertiblePromissoryNotes
|
usd | |
CY2022Q4 | bimi |
Acquisition Payable
AcquisitionPayable
|
usd | |
CY2022Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
usd | |
CY2021Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
usd | |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
usd | |
CY2022 | bimi |
Tax Effect Of Preferential Tax Rate
TaxEffectOfPreferentialTaxRate
|
usd | |
CY2022 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2664653 | shares |
CY2021 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
536293 | shares |
CY2022 | bimi |
Other Revenues
OtherRevenues
|
usd | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001213660 | |
CY2022Q2 | dei |
Entity Public Float
EntityPublicFloat
|
0 | usd |