2024 Q3 Form 10-K Financial Statement
#000121390024081967 Filed on September 26, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
Revenue | $42.48M | $45.29M | $167.0M |
YoY Change | 3.0% | -5.81% | 23.65% |
Cost Of Revenue | $46.09M | $43.43M | $148.9M |
YoY Change | 27.96% | 5.03% | 36.21% |
Gross Profit | -$3.607M | $1.854M | $18.08M |
YoY Change | -169.01% | -72.45% | -29.73% |
Gross Profit Margin | -8.49% | 4.09% | 10.83% |
Selling, General & Admin | $3.527M | $1.779M | $9.655M |
YoY Change | 132.05% | 27.14% | |
% of Gross Profit | 95.95% | 53.39% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $578.4K | $561.1K | $1.827M |
YoY Change | 48.72% | 49.49% | 38.89% |
% of Gross Profit | 30.26% | 10.1% | |
Operating Expenses | $3.669M | $1.871M | $9.968M |
YoY Change | 92.27% | 126.75% | 27.81% |
Operating Profit | -$7.276M | -$16.27K | $8.115M |
YoY Change | -319.26% | -100.28% | -54.75% |
Interest Expense | -$9.010K | -$9.870K | -$47.65K |
YoY Change | -32.07% | -21.14% | |
% of Operating Profit | -0.59% | ||
Other Income/Expense, Net | $1.197M | $417.4K | $2.273M |
YoY Change | 126.28% | -8.09% | 61.33% |
Pretax Income | -$6.079M | $391.3K | $10.39M |
YoY Change | -258.01% | -93.83% | -46.13% |
Income Tax | -$1.431M | $131.9K | $2.946M |
% Of Pretax Income | 33.71% | 28.36% | |
Net Earnings | -$4.648M | $259.4K | $7.441M |
YoY Change | -268.72% | -94.77% | -46.55% |
Net Earnings / Revenue | -10.94% | 0.57% | 4.46% |
Basic Earnings Per Share | -$0.11 | $0.19 | |
Diluted Earnings Per Share | -$0.11 | $0.01 | $0.19 |
COMMON SHARES | |||
Basic Shares Outstanding | 41.63M shares | 41.60M shares | 40.21M shares |
Diluted Shares Outstanding | 41.71M shares | 40.22M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.924M | $7.889M | $7.889M |
YoY Change | 20.29% | 20.29% | |
Cash & Equivalents | $2.924M | $7.889M | |
Short-Term Investments | |||
Other Short-Term Assets | $1.875M | $1.625M | $2.754M |
YoY Change | -56.61% | -26.44% | |
Inventory | |||
Prepaid Expenses | $812.7K | $1.129M | |
Receivables | $25.18M | $25.47M | $25.47M |
Other Receivables | $861.6K | $1.877M | $1.877M |
Total Short-Term Assets | $31.65M | $37.98M | $37.98M |
YoY Change | 25.99% | 25.99% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $11.79M | $11.01M | $123.0M |
YoY Change | -80.78% | 114.64% | |
Goodwill | |||
YoY Change | |||
Intangibles | $83.88K | $92.71K | |
YoY Change | -27.59% | ||
Long-Term Investments | $270.8K | $309.5K | $309.5K |
YoY Change | -35.38% | -35.38% | |
Other Assets | $817.6K | $711.6K | $2.773M |
YoY Change | 39.15% | 442.33% | |
Total Long-Term Assets | $125.8M | $129.0M | $129.0M |
YoY Change | 120.95% | 120.95% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $31.65M | $37.98M | $37.98M |
Total Long-Term Assets | $125.8M | $129.0M | $129.0M |
Total Assets | $157.5M | $167.0M | $167.0M |
YoY Change | 88.62% | 88.62% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.399M | $6.004M | $6.004M |
YoY Change | -19.87% | -19.87% | |
Accrued Expenses | $27.05M | $24.62M | $24.62M |
YoY Change | 98.97% | 98.97% | |
Deferred Revenue | $774.7K | $276.5K | |
YoY Change | -34.82% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $155.6K | $155.6K | $155.6K |
YoY Change | -21.58% | -21.58% | |
Total Short-Term Liabilities | $33.91M | $32.96M | $32.96M |
YoY Change | 34.69% | 34.69% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $133.9K | $169.7K | $169.7K |
YoY Change | -41.65% | -41.65% | |
Other Long-Term Liabilities | $88.70M | $93.13M | $93.13M |
YoY Change | 146.75% | 146.75% | |
Total Long-Term Liabilities | $88.83M | $93.30M | $93.30M |
YoY Change | 145.31% | 145.31% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $33.91M | $32.96M | $32.96M |
Total Long-Term Liabilities | $88.83M | $93.30M | $93.30M |
Total Liabilities | $122.9M | $127.8M | $127.8M |
YoY Change | 102.08% | 102.08% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $19.12M | $23.77M | |
YoY Change | 45.57% | ||
Common Stock | $15.47M | $15.47M | |
YoY Change | 3867220.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $34.59M | $39.24M | $39.24M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $157.5M | $167.0M | $167.0M |
YoY Change | 88.62% | 88.62% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.648M | $259.4K | $7.441M |
YoY Change | -268.72% | -94.77% | -46.55% |
Depreciation, Depletion And Amortization | $578.4K | $561.1K | $1.827M |
YoY Change | 48.72% | 49.49% | 38.89% |
Cash From Operating Activities | -$3.603M | -$951.7K | $3.041M |
YoY Change | -217.69% | -171.86% | -74.24% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.353M | $2.128M | $5.209M |
YoY Change | 18.18% | 8274.18% | 179.11% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $36.71K | -$629.1K | -$2.229M |
YoY Change | 3151.06% | -9.02% | |
Cash From Investing Activities | -$1.317M | -$2.757M | -$7.438M |
YoY Change | -39.18% | 6060.83% | 72.32% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$44.84K | 7.612M | $7.789M |
YoY Change | -104.77% | -5046.6% | -345.1% |
NET CHANGE | |||
Cash From Operating Activities | -$3.603M | -951.7K | $3.041M |
Cash From Investing Activities | -$1.317M | -2.757M | -$7.438M |
Cash From Financing Activities | -$44.84K | 7.612M | $7.789M |
Net Change In Cash | -$4.965M | 3.904M | $3.392M |
YoY Change | -370.38% | 246.78% | -21.28% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.603M | -$951.7K | $3.041M |
Capital Expenditures | $1.353M | $2.128M | $5.209M |
Free Cash Flow | -$4.956M | -$3.080M | -$2.168M |
YoY Change | -358.64% | -337.08% | -121.82% |
Facts In Submission
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Net Income Loss Available To Common Stockholders Diluted
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true | |
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2024-06-30 | |
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2024 | |
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Armlogi Holding Corp. | |
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NV | |
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20301 East Walnut Drive North | |
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Walnut | |
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CA | |
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|
40205836 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
40000000 | shares |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
40216109 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
40000000 | shares |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10569276 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13921538 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
822800 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25313614 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7441218 | usd |
CY2024 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
1269022 | usd |
CY2024 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
5214851 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
39238705 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7441218 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13921538 | usd |
CY2023 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-18828 | usd |
CY2024 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1996720 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1284939 | usd |
CY2024 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
35317 | usd |
CY2023 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
30607 | usd |
CY2024 | us-gaap |
Noncash Contribution Expense
NoncashContributionExpense
|
5193458 | usd |
CY2023 | us-gaap |
Noncash Contribution Expense
NoncashContributionExpense
|
421705 | usd |
CY2024 | us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
94694 | usd |
CY2023 | us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
579290 | usd |
CY2024 | btoc |
Accretion Of Finance Lease Liabilities
AccretionOfFinanceLeaseLiabilities
|
-47649 | usd |
CY2023 | btoc |
Accretion Of Finance Lease Liabilities
AccretionOfFinanceLeaseLiabilities
|
-60419 | usd |
CY2024 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
801333 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
380523 | usd |
CY2024 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
109427 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
8157462 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
8454740 | usd |
CY2024 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-11881 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
1376556 | usd |
CY2024 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
332531 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
397395 | usd |
CY2024 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
711556 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-667825 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2492525 | usd |
CY2024 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-2597106 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
2283425 | usd |
CY2024 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
147719 | usd |
CY2023 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-424182 | usd |
CY2024 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
141894 | usd |
CY2023 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
134117 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3040538 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
11803407 | usd |
CY2024 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5208522 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1812177 | usd |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
53940 | usd |
CY2024 | us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
2229083 | usd |
CY2023 | us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
2449956 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-7437605 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4316073 | usd |
CY2024 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
1000 | usd |
CY2023 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-2503233 | usd |
CY2024 | btoc |
Proceedslend To From Related Parties
ProceedslendToFromRelatedParties
|
511353 | usd |
CY2023 | btoc |
Proceedslend To From Related Parties
ProceedslendToFromRelatedParties
|
-511353 | usd |
CY2024 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
211585 | usd |
CY2023 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
208497 | usd |
CY2024 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
951617 | usd |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
427712 | usd |
CY2024 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
7471180 | usd |
CY2024 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
969021 | usd |
CY2023 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
472800 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7789352 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3177995 | usd |
CY2024 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
3392285 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
4309339 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6558099 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2248760 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9950384 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6558099 | usd |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7888711 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6558099 | usd |
CY2024Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
2061673 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9950384 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6558099 | usd |
CY2024 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-4742178 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-2697056 | usd |
CY2024 | btoc |
Ipo Expenses Paid By Stockholders
IPOExpensesPaidByStockholders
|
300000 | usd |
CY2023 | btoc |
Ipo Expenses Paid By Stockholders
IPOExpensesPaidByStockholders
|
350000 | usd |
CY2024 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
81927507 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
15303391 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
109961 | usd |
CY2024 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>1. Organization and principal activities</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Armlogi Holding Corp. and its consolidated subsidiaries (the “Company”) operate as a third-party logistics company, providing multi-model transportation and logistics services primarily in the United States.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s primary transportation services involve arranging shipments, on behalf of its customers, of materials that are generally larger than shipments handled by integrated carriers of primarily small parcels, such as FedEx, and UPS, including arranging and monitoring all aspects of material flow activity utilizing advanced information technology systems. The Company also provides other value-added logistics services, including warehousing services, materials management and distribution services, and customs house brokerage services, to complement its core transportation service offering.</p> | |
CY2024 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements and related disclosures in accordance with accounting principles generally accepted in the United States (‘U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. There were no critical accounting estimates affecting the audited consolidated financial statements for the years ended June 30, 2024 and 2023.</p> | |
CY2024 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Certain risks and concentration</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The Company’s financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and restricted cash, receivables, loan receivables and other current assets. As of June 30, 2024 and 2023, substantially all of the Company’s cash and restricted cash were held in EastWest Bank </span> <span style="font-family: Times New Roman, Times, Serif">located in the U.S., which management considers to be of high credit quality.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the year ended June 30, 2024 and 2023, the Company’s five largest customers collectively accounted for approximately 53.0% and 62.0% of its total revenue, respectively. During the year ended June 30, 2024, the Company’s top five suppliers collectively accounted for 60% (2023: 69%) of its total purchases. One supplier accounted for approximately 50% and 62% of the total purchases during the years ended June 30, 2024 and 2023, and no other suppliers accounted for more than 10% of the total purchases over the same period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">As of June 30, 2024 and 2023, the largest three accounts receivable balances from customers accounted for 58% and 41% of the total balance of accounts receivable</span> <span style="font-family: Times New Roman, Times, Serif">and other receivables, respectively.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2024 | btoc |
Contracts Term
ContractsTerm
|
P1Y | |
CY2024 | us-gaap |
Revenues
Revenues
|
166977034 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
135044436 | usd |
CY2024 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
424182 | usd |
CY2024 | us-gaap |
Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
|
For a tax position that meets the more-likely-than-not recognition threshold, the Company initially and subsequently measures the tax benefit as the largest amount that the Company judges to have a greater than 50% likelihood of being realized upon ultimate settlement with a taxing authority. | |
CY2024Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
25872226 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
18062952 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
407182 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
666531 | usd |
CY2024Q2 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
25465044 | usd |
CY2023Q2 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
17396421 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
666531 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
87241 | usd |
CY2024 | us-gaap |
Additions To Other Assets Amount
AdditionsToOtherAssetsAmount
|
94694 | usd |
CY2023 | us-gaap |
Additions To Other Assets Amount
AdditionsToOtherAssetsAmount
|
579290 | usd |
CY2024 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
354043 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
407182 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
666531 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14773842 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
9566675 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3763435 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1937558 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11010407 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7629117 | usd |
CY2024 | us-gaap |
Depreciation
Depreciation
|
1827231 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
1111088 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
185779 | usd |
CY2023Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
185779 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
93071 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
57752 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
92708 | usd |
CY2023Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
128027 | usd |
CY2024 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
35319 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
30607 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
400000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2025-12-31 | |
CY2024Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.032 | pure |
CY2024Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
1500000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2025-12-31 | |
CY2024Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.032 | pure |
CY2024Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
1000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2025-12-31 | |
CY2024Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.032 | pure |
CY2024Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
250000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2025-06-13 | |
CY2024Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.032 | pure |
CY2024Q2 | us-gaap |
Loans Receivable With Fixed Rates Of Interest1
LoansReceivableWithFixedRatesOfInterest1
|
1877131 | usd |
CY2024Q2 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
2908636 | usd |
CY2024 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
35767 | usd |
CY2023Q2 | us-gaap |
Loans Receivable With Fixed Rates Of Interest1
LoansReceivableWithFixedRatesOfInterest1
|
2449956 | usd |
CY2023 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
24956 | usd |
CY2024 | us-gaap |
Lease Income
LeaseIncome
|
2850368 | usd |
CY2023 | us-gaap |
Lease Income
LeaseIncome
|
267000 | usd |
CY2024Q2 | btoc |
Additional Operating Lease Liabilities
AdditionalOperatingLeaseLiabilities
|
67489859 | usd |
CY2023Q2 | btoc |
Additional Operating Lease Liabilities
AdditionalOperatingLeaseLiabilities
|
49852679 | usd |
CY2024 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
81927507 | usd |
CY2024 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
27056232 | usd |
CY2023 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
11739168 | usd |
CY2024 | btoc |
Accretion Of Finance Lease Liabilities
AccretionOfFinanceLeaseLiabilities
|
-47649 | usd |
CY2023 | btoc |
Accretion Of Finance Lease Liabilities
AccretionOfFinanceLeaseLiabilities
|
-60419 | usd |
CY2024 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
169488 | usd |
CY2023 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
173850 | usd |
CY2024 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
217137 | usd |
CY2023 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
234269 | usd |
CY2024 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
27056232 | usd |
CY2023 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
11739168 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
25755542 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
175880 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
29216224 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
129332 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
28967443 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
61194 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
29694748 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
5866 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
17613484 | usd |
CY2024Q2 | btoc |
Lessee Operating Lease Liability Payments Due After Year Three
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearThree
|
30913470 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
162160911 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
372272 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
44818373 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
46964 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
117342538 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
325308 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
24216446 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
155625 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
93126092 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
169683 | usd |
CY2024 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
21813313 | usd |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
11317459 | usd |
CY2024 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
211585 | usd |
CY2023 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
208497 | usd |
CY2024 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
81927507 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
15303391 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
109961 | usd |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y9M3D | |
CY2024Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y4M9D | |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1028 | pure |
CY2024Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.1125 | pure |
CY2024 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
1377312 | usd |
CY2023 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
730669 | usd |
CY2024Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
6003542 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
7492591 | usd |
CY2024Q2 | btoc |
Credit Card Payable Current
CreditCardPayableCurrent
|
1446549 | usd |
CY2023Q2 | btoc |
Credit Card Payable Current
CreditCardPayableCurrent
|
899305 | usd |
CY2024Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
52248 | usd |
CY2023Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
78270 | usd |
CY2024Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
7502339 | usd |
CY2023Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
8470166 | usd |
CY2024 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
2850368 | usd |
CY2023 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
267000 | usd |
CY2024 | btoc |
Rental Expense
RentalExpense
|
-2049159 | usd |
CY2024 | us-gaap |
Interest Income Other
InterestIncomeOther
|
164817 | usd |
CY2024 | btoc |
Credit Card Rebate Income
CreditCardRebateIncome
|
1246575 | usd |
CY2023 | btoc |
Credit Card Rebate Income
CreditCardRebateIncome
|
989535 | usd |
CY2024 | us-gaap |
Other Income
OtherIncome
|
108551 | usd |
CY2023 | us-gaap |
Other Income
OtherIncome
|
159976 | usd |
CY2024 | us-gaap |
Other Expenses
OtherExpenses
|
895 | usd |
CY2023 | us-gaap |
Other Expenses
OtherExpenses
|
7877 | usd |
CY2024 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
2320257 | usd |
CY2023 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1408634 | usd |
CY2024 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
2145072 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
4980481 | usd |
CY2024 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
801333 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
380523 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2946405 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5361004 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2984 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2984 | pure |
CY2024 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
10387623 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
19282542 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
3099667 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
5753910 | usd |
CY2024 | btoc |
Permanent Differences Deductible State Tax Expense In Computation Of Federal Tax
PermanentDifferencesDeductibleStateTaxExpenseInComputationOfFederalTax
|
-153262 | usd |
CY2023 | btoc |
Permanent Differences Deductible State Tax Expense In Computation Of Federal Tax
PermanentDifferencesDeductibleStateTaxExpenseInComputationOfFederalTax
|
-392906 | usd |
CY2024 | btoc |
Income Tax Reconciliation Income Tax Expense Benefit At Change In Temporary Differences
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtChangeInTemporaryDifferences
|
-801333 | usd |
CY2023 | btoc |
Income Tax Reconciliation Income Tax Expense Benefit At Change In Temporary Differences
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtChangeInTemporaryDifferences
|
-380523 | usd |
CY2024 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
2145072 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
4980481 | usd |
CY2024 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
801333 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
380523 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2946405 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5361004 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
|
121503 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
|
204203 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
1657958 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
939325 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
1536455 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
735122 | usd |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
41634000 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
41634000 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
40000000 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
40000000 | shares |
CY2024Q2 | us-gaap |
Other Underwriting Expense
OtherUnderwritingExpense
|
5200000 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
45 | shares |
CY2024Q2 | btoc |
Additional Shares Of Common Stock
AdditionalSharesOfCommonStock
|
240000 | shares |
CY2024Q2 | btoc |
Offering Price Per Share
OfferingPricePerShare
|
5 | |
CY2024Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
34000 | shares |
CY2024Q2 | us-gaap |
Share Price
SharePrice
|
4.62 | |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0446 | pure |
CY2024 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1 | pure |
CY2024 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
7441218 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
13921538 | usd |
CY2024 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
40205836 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
40000000 | shares |
CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.19 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.35 | |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
40216109 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
40000000 | shares |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.19 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.35 | |
CY2024Q2 | us-gaap |
Debt Instrument Fee Amount
DebtInstrumentFeeAmount
|
2061673 | usd |
CY2024 | us-gaap |
Debt Instrument Repaid Principal
DebtInstrumentRepaidPrincipal
|
500000 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2025-01-24 | |
CY2024Q1 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.032 | pure |
CY2024Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
2700 | usd |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | us-gaap |
Deferred Costs Current
DeferredCostsCurrent
|
usd | |
CY2023Q2 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
usd | |
CY2023Q2 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
usd | |
CY2023Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
usd | |
CY2024Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.19 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.35 | |
CY2024 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
usd | |
CY2023 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
usd | |
CY2023 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
usd | |
CY2024 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
usd | |
CY2023 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
usd | |
CY2023Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
usd | |
CY2024 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
usd | |
CY2023 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
usd | |
CY2023 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
usd | |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
usd | |
CY2024Q2 | btoc |
Finance Lease Liability Payments Due After Year Three
FinanceLeaseLiabilityPaymentsDueAfterYearThree
|
usd | |
CY2024 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
usd | |
CY2023 | btoc |
Rental Expense
RentalExpense
|
usd | |
CY2023 | us-gaap |
Interest Income Other
InterestIncomeOther
|
usd | |
CY2024 | us-gaap |
Dividends
Dividends
|
usd | |
CY2024 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
7441218 | usd |
CY2024 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2024 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001972529 |