2022 Q4 Form 20-F Financial Statement

#000121390023021871 Filed on March 22, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $157.1M $157.1M $153.0M
YoY Change 2.66% 2.66% 23.63%
Cost Of Revenue $40.58M $40.58M $34.94M
YoY Change 16.13% 16.13% -9.19%
Gross Profit $116.5M $116.5M $118.1M
YoY Change -1.33% -1.33% 38.44%
Gross Profit Margin 74.17% 74.17% 77.16%
Selling, General & Admin $88.44M $88.44M $80.86M
YoY Change 9.38% 9.38% 49.96%
% of Gross Profit 75.92% 75.92% 68.49%
Research & Development $1.331M $1.331M $920.0K
YoY Change 44.67% 44.67% 33.14%
% of Gross Profit 1.14% 1.14% 0.78%
Depreciation & Amortization $2.884M $2.884M $1.086M
YoY Change 165.56% 37.99% -62.68%
% of Gross Profit 2.48% 2.48% 0.92%
Operating Expenses $89.77M $130.4M $81.78M
YoY Change 9.77% 59.39% 49.75%
Operating Profit $26.73M $26.73M $36.29M
YoY Change -26.35% -26.35% 18.32%
Interest Expense -$155.0K $93.00K $296.0K
YoY Change -152.36% -68.58% -204.96%
% of Operating Profit -0.58% 0.35% 0.82%
Other Income/Expense, Net $282.0K $127.0K -$255.0K
YoY Change -210.59% -149.8% -148.02%
Pretax Income $26.85M $26.85M $36.33M
YoY Change -26.08% -26.08% 17.5%
Income Tax $413.0K $413.0K $976.0K
% Of Pretax Income 1.54% 1.54% 2.69%
Net Earnings $26.89M $26.89M $35.29M
YoY Change -23.8% -23.8% 20.53%
Net Earnings / Revenue 17.12% 17.12% 23.06%
Basic Earnings Per Share $0.39
Diluted Earnings Per Share $0.39 $0.39 $539.7K
COMMON SHARES
Basic Shares Outstanding 68.12M shares 68.12M shares
Diluted Shares Outstanding 68.12M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.48M $70.48M $77.30M
YoY Change -8.82% -8.82% 296.42%
Cash & Equivalents $70.48M $77.30M
Short-Term Investments $0.00 $0.00 $0.00
Other Short-Term Assets $15.33M $15.33M $13.10M
YoY Change 16.99% 16.99% 424.12%
Inventory
Prepaid Expenses $15.33M $34.55M
Receivables $98.03M $98.03M $63.14M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $183.8M $183.8M $153.5M
YoY Change 19.74% 19.74% 48.92%
LONG-TERM ASSETS
Property, Plant & Equipment $160.0K $910.0K $1.540M
YoY Change -89.61% -40.91% -18.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.000K $911.0K $23.38M
YoY Change -100.0% -96.1% 2.97%
Total Long-Term Assets $22.12M $22.12M $41.63M
YoY Change -46.87% -46.87% 3.31%
TOTAL ASSETS
Total Short-Term Assets $183.8M $183.8M $153.5M
Total Long-Term Assets $22.12M $22.12M $41.63M
Total Assets $206.0M $206.0M $195.2M
YoY Change 5.53% 5.53% 36.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.405M $6.405M $12.88M
YoY Change -50.26% -50.26% 63.01%
Accrued Expenses -$5.845M -$5.845M $15.19M
YoY Change -138.48% -138.48% 462.52%
Deferred Revenue $147.0K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.421M $4.421M $4.998M
YoY Change -11.54% -11.54% -24.27%
Total Short-Term Liabilities $32.90M $32.90M $34.56M
YoY Change -4.79% -4.79% -2.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $557.0K $557.0K $1.151M
YoY Change -51.61% -51.61% -17.79%
Total Long-Term Liabilities $557.0K $557.0K $1.151M
YoY Change -51.61% -51.61% -58.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.90M $32.90M $34.56M
Total Long-Term Liabilities $557.0K $557.0K $1.151M
Total Liabilities $33.46M $33.53M $36.26M
YoY Change -7.73% -7.52% -6.06%
SHAREHOLDERS EQUITY
Retained Earnings $150.7M $124.0M
YoY Change 21.54%
Common Stock $7.000K $7.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $172.4M $172.4M $158.9M
YoY Change
Total Liabilities & Shareholders Equity $206.0M $206.0M $195.2M
YoY Change 5.53% 5.53% 36.1%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $26.89M $26.89M $35.29M
YoY Change -23.8% -23.8% 20.53%
Depreciation, Depletion And Amortization $2.884M $2.884M $1.086M
YoY Change 165.56% 37.99% -62.68%
Cash From Operating Activities $38.37M $7.739M $58.34M
YoY Change -34.24% -83.34% 498.63%
INVESTING ACTIVITIES
Capital Expenditures $7.989M $7.989M -$2.728M
YoY Change -392.85% -386.34% -1.87%
Acquisitions
YoY Change
Other Investing Activities $383.0K $0.00 -$7.000K
YoY Change -5571.43% -100.0% -98.92%
Cash From Investing Activities -$7.606M -$7.989M -$2.735M
YoY Change 178.1% 660.13% -20.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.405M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -334.0K $508.0K 757.0K
YoY Change -144.12% -96.18% -28.45%
NET CHANGE
Cash From Operating Activities 38.37M $7.739M 58.34M
Cash From Investing Activities -7.606M -$7.989M -2.735M
Cash From Financing Activities -334.0K $508.0K 757.0K
Net Change In Cash 30.43M -$6.820M 56.36M
YoY Change -46.02% -111.62% 663.95%
FREE CASH FLOW
Cash From Operating Activities $38.37M $7.739M $58.34M
Capital Expenditures $7.989M $7.989M -$2.728M
Free Cash Flow $30.38M -$250.0K $61.07M
YoY Change -50.26% -100.51% 387.55%

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StockIssuedDuringSharesbasedCompensationGrantedToNonemployees
1779000 usd
CY2020 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
5381000 usd
CY2020 gsmg Issuance Of Shares Through Private Placement
IssuanceOfSharesThroughPrivatePlacement
2000000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
48959000 usd
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6495000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
104447000 usd
CY2021 gsmg Stock Issued During Sharesbased Compensation Granted To Nonemployees
StockIssuedDuringSharesbasedCompensationGrantedToNonemployees
181000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
1400000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
4000 usd
CY2021 gsmg Issuance Of Shares Through Private Placement
IssuanceOfSharesThroughPrivatePlacement
14886000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
35352000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3194000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
159464000 usd
CY2022 gsmg Capital Contribution From Shareholder
CapitalContributionFromShareholder
500000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
2000 usd
CY2022 gsmg Issuance Of Shares Through Private Placement
IssuanceOfSharesThroughPrivatePlacement
878000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
26440000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-14781000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
172503000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
48959000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
35352000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
26440000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-1136000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-268000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
440000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2910000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2090000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2884000 usd
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
447000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
426000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
454000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-181000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
713000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-53000 usd
CY2020 gsmg Sharebased Compensation For Nonemployees
SharebasedCompensationForNonemployees
5381000 usd
CY2021 gsmg Sharebased Compensation For Nonemployees
SharebasedCompensationForNonemployees
4000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
1779000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
181000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
391000 usd
CY2021 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
26000 usd
CY2020 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-93000 usd
CY2021 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-104000 usd
CY2022 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-76000 usd
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-19714000 usd
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-809000 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
63000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
24043000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-19904000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
42105000 usd
CY2020 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
19340000 usd
CY2021 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
10681000 usd
CY2022 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-16872000 usd
CY2020 gsmg Increase Decrease Unamortized Produced Content
IncreaseDecreaseUnamortizedProducedContent
-442000 usd
CY2021 gsmg Increase Decrease Unamortized Produced Content
IncreaseDecreaseUnamortizedProducedContent
537000 usd
CY2022 gsmg Increase Decrease Unamortized Produced Content
IncreaseDecreaseUnamortizedProducedContent
-940000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2827000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4750000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5576000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-39000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-87000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-356000 usd
CY2020 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
5177000 usd
CY2021 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-9236000 usd
CY2022 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
564000 usd
CY2020 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
5555000 usd
CY2021 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
4964000 usd
CY2022 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
7346000 usd
CY2020 gsmg Operating Lease Liabilities
OperatingLeaseLiabilities
376000 usd
CY2021 gsmg Operating Lease Liabilities
OperatingLeaseLiabilities
389000 usd
CY2022 gsmg Operating Lease Liabilities
OperatingLeaseLiabilities
641000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8741000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
46455000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7739000 usd
CY2020 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
59000 usd
CY2021 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
72000 usd
CY2022 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
25000 usd
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2722000 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2718000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
7964000 usd
CY2021 gsmg Cash Disposed For Sales Of Subsidiaries
CashDisposedForSalesOfSubsidiaries
12000 usd
CY2020 gsmg Payments For Short Term Investment
PaymentsForShortTermInvestment
1637000 usd
CY2021 gsmg Payments For Short Term Investment
PaymentsForShortTermInvestment
-1751000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4418000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1051000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7989000 usd
CY2020 gsmg Proceeds From Bank Loans
ProceedsFromBankLoans
6228000 usd
CY2021 gsmg Proceeds From Bank Loans
ProceedsFromBankLoans
5114000 usd
CY2022 gsmg Proceeds From Bank Loans
ProceedsFromBankLoans
6096000 usd
CY2020 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
724000 usd
CY2021 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
6818000 usd
CY2022 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
6244000 usd
CY2020 gsmg Payment Of Loan Origination Fees
PaymentOfLoanOriginationFees
146000 usd
CY2021 gsmg Payment Of Loan Origination Fees
PaymentOfLoanOriginationFees
68000 usd
CY2022 gsmg Payment Of Loan Origination Fees
PaymentOfLoanOriginationFees
87000 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
743000 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
232000 usd
CY2020 gsmg Proceedsfrom Cash Acquired From Acquisition Of Tkk
ProceedsfromCashAcquiredFromAcquisitionOfTkk
23000 usd
CY2021 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
15290000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5381000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13286000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
508000 usd
CY2020 gsmg Effect Of Exchange Rate On Cash And Cash Equivalents1
EffectOfExchangeRateOnCashAndCashEquivalents1
1108000 usd
CY2021 gsmg Effect Of Exchange Rate On Cash And Cash Equivalents1
EffectOfExchangeRateOnCashAndCashEquivalents1
881000 usd
CY2022 gsmg Effect Of Exchange Rate On Cash And Cash Equivalents1
EffectOfExchangeRateOnCashAndCashEquivalents1
-7078000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10812000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
59571000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6820000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6919000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17731000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
77302000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17731000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
77302000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
70482000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
239000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
336000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
247000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2004000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
508000 usd
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
0.51 pure
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
0.51 pure
CY2021Q1 gsmg Consummation Of Sale Rate
ConsummationOfSaleRate
0.51 pure
CY2019Q3 gsmg Description Of Option Agreement Term
DescriptionOfOptionAgreementTerm
The term of each of these exclusive option agreements is 10 years and will be extended automatically for successive 5-year terms except where WFOE provides prior written notice otherwise.
CY2022 gsmg Description Of Option Agreement Term
DescriptionOfOptionAgreementTerm
The term of each of these exclusive service agreements are perpetual unless terminated by WFOE upon thirty (30) advance notice, or upon the transfer of all shares of the respective VIEs to WFOE (or its designee) 10 years under the Option Agreement.
CY2020 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
123763000 usd
CY2021 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
153012000 usd
CY2022 us-gaap Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
157225000 usd
CY2020 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
37649000 usd
CY2021 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
35907000 usd
CY2022 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
27562000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
8731000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
57397000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
11650000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4418000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1051000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7989000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
5358000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>(b) Use of estimates</i></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 preparation of financial statements in conformity with U.S. GAAP requires 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 revenues and expenses during the reporting period and accompanying notes, including allowance for doubtful accounts, allowance for unamortized production content, the useful lives of property, plant and equipment and intangible assets, impairment of long-lived assets, valuation allowance for deferred tax assets and revenue recognition. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2021 us-gaap Dividends Cash
DividendsCash
77302000 usd
CY2022 us-gaap Dividends Cash
DividendsCash
70482000 usd
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
63135000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
98034000 usd
CY2020 gsmg Reversed Bad Debt Expense
ReversedBadDebtExpense
1126 usd
CY2021 gsmg Reversed Bad Debt Expense
ReversedBadDebtExpense
268 usd
CY2020 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
15970000 usd
CY2021 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
7375000 usd
CY2022 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
128000 usd
CY2022 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Sales
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsSales
770000 usd
CY2022Q4 gsmg Bad Debt Expense
BadDebtExpense
440 usd
CY2022 us-gaap Depreciation
Depreciation
90000 usd
CY2022 gsmg Guarantee Fee
GuaranteeFee
15000 usd
CY2022Q4 gsmg Unamortized Loan Balance
UnamortizedLoanBalance
4000 usd
CY2022Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.058 pure
CY2022Q4 gsmg Working Capital
WorkingCapital
431000 usd
CY2022Q4 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2023-11-28
CY2021 gsmg Prepaid From Advances From Customers
PrepaidFromAdvancesFromCustomers
536000 usd
CY2022 gsmg Prepaid From Advances From Customers
PrepaidFromAdvancesFromCustomers
147000 usd
CY2022 gsmg Description Of Term
DescriptionOfTerm
Payment terms and conditions vary by contract types, and terms typically include a requirement for payment within a period from 6 to 9 months.
CY2020 us-gaap Revenues
Revenues
123763000 usd
CY2021 us-gaap Revenues
Revenues
153012000 usd
CY2022 us-gaap Revenues
Revenues
157079000 usd
CY2020 us-gaap Revenues
Revenues
123763000 usd
CY2021 us-gaap Revenues
Revenues
153012000 usd
CY2022 us-gaap Revenues
Revenues
157079000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
831000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
956000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
242000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
160000 usd
CY2020 us-gaap Depreciation
Depreciation
156000 usd
CY2021 us-gaap Depreciation
Depreciation
82000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i>(u) Concentration and Credit Risk</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Substantially all of the Company’s operating activities are transacted into RMB, which is not freely convertible into foreign currencies. All foreign exchange transactions take place either through the People’s Bank of China or other banks authorized to buy and sell foreign currencies at the exchange rates quoted by the People’s Bank of China. Approval of foreign currency payments by the People’s Bank of China or other regulatory institutions require submitting a payment application form together with suppliers’ invoices, shipping documents and signed contracts.</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 maintains certain bank accounts in the PRC, Hong Kong and Cayman, which are not insured by Federal Deposit Insurance Corporation (“FDIC”) insurance or other insurance. As of December 31, 2021, and December 31, 2022, $74,963 and $70,199 of the Company’s cash were on deposit at financial institutions in the PRC where there currently is no rule or regulation requiring such financial institutions to maintain insurance to cover bank deposits in the event of bank failure.</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">Accounts receivable are typically unsecured and derived from revenue earned from customers, thereby exposed to credit risk. The risk is mitigated by the Company’s assessment of its customers’ creditworthiness and its ongoing monitoring of outstanding balances.</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 sales are made to customers that are located primarily in China. The Company has a concentration of its revenues and receivables with specific customers. For the years ended December 31, 2020, 2021 and 2022, a major customer accounted for 14%, 20% and 21% of the Company’s total revenue, respectively. The top five customers accounted for 80% of net accounts receivable as of December 31, 2021, with each customer representing 24%, 21%, 20%, 9% and 7% of the net accounts receivable balance, respectively. As of December 31, 2022, the top five customers accounted for 76% of net accounts receivable, with each customer representing 27%, 19%,11%,10% and 9% of the net accounts receivable balance.</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">As of December 31, 2021 and 2022, one major supplier accounted for 53% and 30% of accounts payable, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i> </i></p>
CY2021 gsmg Temporary Equity Foreign Currency Translation Adjustments Per Share
TemporaryEquityForeignCurrencyTranslationAdjustmentsPerShare
1
CY2022 gsmg Temporary Equity Foreign Currency Translation Adjustments Per Share
TemporaryEquityForeignCurrencyTranslationAdjustmentsPerShare
1
CY2020 gsmg Temporary Foreign Currency Translation Rate Per Share
TemporaryForeignCurrencyTranslationRatePerShare
1
CY2021 gsmg Temporary Foreign Currency Translation Rate Per Share
TemporaryForeignCurrencyTranslationRatePerShare
1
CY2022 gsmg Temporary Foreign Currency Translation Rate Per Share
TemporaryForeignCurrencyTranslationRatePerShare
1
CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
63770000 usd
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
99040000 usd
CY2021Q4 gsmg Allowances For Doubtful Accounts Receivable
AllowancesForDoubtfulAccountsReceivable
635000 usd
CY2022Q4 gsmg Allowances For Doubtful Accounts Receivable
AllowancesForDoubtfulAccountsReceivable
1006000 usd
CY2022 gsmg Prepayment And Other Assets
PrepaymentAndOtherAssets
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>4. PREPAYMENT AND OTHER CURRENT AND NON-CURRENT ASSETS</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2021 and 2022, prepayment and other current and non-current assets consisted of the following:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </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> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>December 31,<br/> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>2021</b></p></td><td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>December 31,<br/> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>2022</b></p></td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Prepayment for outsourced production cost</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">2,960</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">36</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Prepayment for co-produced TV series</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21,441</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-78">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Advances to vendors</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,964</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15,272</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Staff advance</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">16</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">14</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Others</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">167</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="font-weight: bold">Subtotal</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">34,548</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">15,330</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="text-align: left">Less: allowance for doubtful accounts</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-79">-</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"><div style="-sec-ix-hidden: hidden-fact-80">-</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Prepayment and other assets, net</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">34,548</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">$</td><td style="border-bottom: Black 4pt double; text-align: right">15,330</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Including:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-left: 9pt">Prepayment and other current assets, net</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">13,103</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">15,329</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 9pt">Prepayment and other non-current assets, net</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">21,445</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">1</td><td style="text-align: left"> </td></tr> </table>
CY2021Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
2960000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
36000 usd
CY2021Q4 us-gaap Construction Contract Cost Progress Payment Offset
ConstructionContractCostProgressPaymentOffset
-21441000 usd
CY2021Q4 gsmg Advances To Vendors
AdvancesToVendors
9964000 usd
CY2022Q4 gsmg Advances To Vendors
AdvancesToVendors
15272000 usd
CY2021Q4 gsmg Staff Advance
StaffAdvance
16000 usd
CY2022Q4 gsmg Staff Advance
StaffAdvance
14000 usd
CY2021Q4 gsmg Prepayment And Other Expenses
PrepaymentAndOtherExpenses
167000 usd
CY2022Q4 gsmg Prepayment And Other Expenses
PrepaymentAndOtherExpenses
8000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
34548000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
15330000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
34548000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
15330000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
13103000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
15329000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21445000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1073000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1116000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
21154000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
27055000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4436000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6758000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
16718000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
20297000 usd
CY2022 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P7Y
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2754000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2008000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2794000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3225000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3225000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3225000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2688000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
8654000 usd
CY2022Q4 gsmg Finite Lived Intangible Asset Net
FiniteLivedIntangibleAssetNet
20297000 usd
CY2021Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.038 pure
CY2021Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0529 pure
CY2022Q1 gsmg Working Capital
WorkingCapital
718000 usd
CY2022Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2023-03-31
CY2022Q1 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.037 pure
CY2021Q4 gsmg Payable To Merchants Of Cheers E Mall
PayableToMerchantsOfCheersEMall
70000 usd
CY2022Q4 gsmg Payable To Merchants Of Cheers E Mall
PayableToMerchantsOfCheersEMall
1000 usd
CY2021Q4 gsmg Coinvest Online Series Production Fund
CoinvestOnlineSeriesProductionFund
331000 usd
CY2022Q4 gsmg Coinvest Online Series Production Fund
CoinvestOnlineSeriesProductionFund
467000 usd
CY2021Q4 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
1462000 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
1444000 usd
CY2021Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
388000 usd
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
720000 usd
CY2021Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
2251000 usd
CY2022Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
2632000 usd
CY2021Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
9707000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
15266000 usd
CY2021 gsmg Income Tax Payable
IncomeTaxPayable
2244000 usd
CY2022 gsmg Income Tax Payable
IncomeTaxPayable
2505000 usd
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
1134000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
1319000 usd
CY2021Q4 gsmg Other Taxes
OtherTaxes
19000 usd
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
13104000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
19090000 usd
CY2021Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
4998000 usd
CY2022Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
4421000 usd
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-6360000 usd
CY2022Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0365 pure
CY2020Q1 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
1533000 usd
CY2021Q1 gsmg Withdraw
Withdraw
1568000 usd
CY2021Q1 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.045 pure
CY2022Q1 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
2154000 usd
CY2022 gsmg Withdraw
Withdraw
2154000 usd
CY2022Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.045 pure
CY2021 us-gaap Line Of Credit Facility Maximum Monthend Outstanding Amount
LineOfCreditFacilityMaximumMonthendOutstandingAmount
1412000 usd
CY2020Q3 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2021-03-29
CY2021Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
1097000 usd
CY2021Q3 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2022-03-05
CY2021Q4 us-gaap Repayments Of Debt
RepaymentsOfDebt
471000 usd
CY2021Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.06 pure
CY2021Q4 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
431000 usd
CY2022Q4 gsmg Withdraw
Withdraw
431000 usd
CY2022Q4 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2023-05-24
CY2022Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.06 pure
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1298000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
750000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
291000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
208000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1127000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
471000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1418000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
679000 usd
CY2022 gsmg Schedule Or Description Of Weighted Average Discount Rate Text Block1
ScheduleOrDescriptionOfWeightedAverageDiscountRateTextBlock1
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td>Remaining lease term and discount rate:</td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left">Weighted average remaining lease term (years)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">2.10</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td>Weighted average discount rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.55</td><td style="text-align: left">%</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y1M6D
CY2022 gsmg Weighted Average Discount Rates Percent
WeightedAverageDiscountRatesPercent
0.0555 pure
CY2020 us-gaap Other Expenses
OtherExpenses
533000 usd
CY2021 us-gaap Other Expenses
OtherExpenses
535000 usd
CY2022 us-gaap Other Expenses
OtherExpenses
454000 usd
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-4928000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-203000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
16000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
241000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
482000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
723000 usd
CY2022Q4 us-gaap Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
44000 usd
CY2022Q4 gsmg Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
679000 usd
CY2021Q4 us-gaap Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
500000 usd
CY2021Q4 us-gaap Due To Other Related Parties Current And Noncurrent
DueToOtherRelatedPartiesCurrentAndNoncurrent
500000 usd
CY2022Q1 gsmg Repaid Due Amount
RepaidDueAmount
500000000 usd
CY2022 us-gaap Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
1000000 shares
CY2022 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
500
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
50632000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36328000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
26853000 usd
CY2020 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 Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25 pure
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12658000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
9082000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6713000 usd
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
297000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
96000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
11000 usd
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
567000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-7999000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-6894000 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-1673000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-976000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-413000 usd
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.033 pure
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0269 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0154 pure
CY2020 gsmg Tax Rate Amounted
TaxRateAmounted
6360000 usd
CY2021 gsmg Tax Rate Amounted
TaxRateAmounted
7999000 usd
CY2022 gsmg Tax Rate Amounted
TaxRateAmounted
6894000 usd
CY2020 gsmg Effective Income Tax Rate Per Share
EffectiveIncomeTaxRatePerShare
0.12
CY2021 gsmg Effective Income Tax Rate Per Share
EffectiveIncomeTaxRatePerShare
0.12
CY2022 gsmg Effective Income Tax Rate Per Share
EffectiveIncomeTaxRatePerShare
0.1
CY2022 gsmg Withholding Income Tax Rate
WithholdingIncomeTaxRate
0.10 pure
CY2022 gsmg Subject To Withholding Tax Rate
SubjectToWithholdingTaxRate
0.05 pure
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
56000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
103000 usd
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
56000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
103000 usd
CY2022Q2 gsmg Vested Ordinary Shares
VestedOrdinaryShares
2000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.01
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
2000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
3.01
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
2000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.97
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
2000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
0.97
CY2021 gsmg Fair Value Of Shares Vested
FairValueOfSharesVested
6 usd
CY2022 gsmg Fair Value Of Shares Vested
FairValueOfSharesVested
2 usd
CY2022 gsmg Issued Exchange Of Public Rights
IssuedExchangeOfPublicRights
2504330 shares
CY2022 gsmg Net Profit Percentage
NetProfitPercentage
0.10 pure
CY2022 gsmg Statutory Reserve Capital Percentage
StatutoryReserveCapitalPercentage
0.50 pure
CY2020Q4 gsmg Noncontrolling Interest Rate
NoncontrollingInterestRate
0.49 pure
CY2022Q4 gsmg Noncontrolling Interest Rate
NoncontrollingInterestRate
0.49 pure
CY2020 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
448000 usd
CY2020 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
355000 usd
CY2020 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
4578000 usd
CY2021 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
4000 usd
CY2022 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
2000 usd
CY2020 us-gaap Other General Expense
OtherGeneralExpense
5381000 usd
CY2021 us-gaap Other General Expense
OtherGeneralExpense
4000 usd
CY2022 us-gaap Other General Expense
OtherGeneralExpense
2000 usd
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q1 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
800000 shares
CY2020Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5000000 shares
CY2021Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
5
CY2021Q1 gsmg Underwriting Agreement Description
UnderwritingAgreementDescription
the Company entered into an underwriting agreement (the “Underwriting Agreement”) with Univest Securities, LLC (“Univest”), as the representative of the several underwriters named therein (collectively, the “Underwriters”), pursuant to which the Company agreed to issue and sell (i) 3,810,976 ordinary shares of the Company (“Offered Shares”), par value of $0.0001 per share (the “Ordinary Shares”) and (ii) warrants (the “Warrants”) to purchase an aggregate of 3,810,976 Ordinary Shares (the “Warrant Shares”) in an underwritten public offering (the “Offering”). In addition, the Company has granted the Underwriters a 45-day option (the “Over-Allotment Option”) to purchase up to an additional 571,646 Ordinary Shares (the “Option Shares”) and Warrants to purchase up to 571,646 Ordinary Shares at the public offering price, less underwriting discounts and commissions. The Offered Shares and Warrants are delivered on February 24, 2021, at a public offering price of $3.28 per share and associated warrant to purchase one ordinary share, as set forth in the Underwriting Agreement, subject to the satisfaction of certain closing conditions.
CY2021Q2 gsmg Issuance Of Additional Shares
IssuanceOfAdditionalShares
5000000 shares
CY2021Q3 gsmg Sale Of Ordinary Shares
SaleOfOrdinaryShares
2857142 shares
CY2021Q3 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
10000000000 usd
CY2021Q3 us-gaap Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
4.4
CY2021Q3 gsmg Fixed Combined Purchase Price
FixedCombinedPurchasePrice
3.5
CY2021Q3 gsmg Purchase Of Additional Ordinary Shares
PurchaseOfAdditionalOrdinaryShares
571428 shares
CY2021Q3 gsmg Warrants To Purchase Ordinary Shares
WarrantsToPurchaseOrdinaryShares
571428 shares
CY2021Q2 gsmg Ordinary Shares Vested
OrdinarySharesVested
2000 shares
CY2022 gsmg Public Warrants Year
PublicWarrantsYear
P5Y
CY2022 gsmg Public Warrants Description
PublicWarrantsDescription
The Company may redeem the Public Warrants:  ●in whole and not in part;   ●at a price of $0.01 per warrant;   ●at any time while the Public Warrants are exercisable;   ●upon no less than 30 days’ prior written notice of redemption to each Public Warrant holder;   ●if, and only if, the reported last sale price of the Company’s ordinary shares equals or exceeds $18.00 per share, for any 20 trading days within a 30 trading day period ending on the third business day prior to the notice of redemption to the warrant holders; and   ●if, and only if, there is a current registration statement in effect with respect to the ordinary shares underlying such warrants at the time of redemption and for the entire 30-day trading period referred to above and continuing each day thereafter until the date of redemption.  
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
25000000 shares
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
25000000 shares
CY2018Q3 gsmg Generating Gross Proceeds
GeneratingGrossProceeds
600000 usd
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
11.5
CY2022 gsmg Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Stock Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsStockPrice
1.46
CY2021 gsmg Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Stock Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsStockPrice
1.18
CY2020 gsmg Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Stock Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsStockPrice
2.75
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecreaseWeightedAverageExercisePrice
11.5
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecreaseWeightedAverageExercisePrice
11.5
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecreaseWeightedAverageExercisePrice
11.5
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0439 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0099 pure
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0028 pure
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y1M13D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y1M13D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y1M13D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.60 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.483 pure
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.455 pure
CY2020 gsmg Cheers App Internet Business
CheersAppInternetBusiness
83573000 usd
CY2021 gsmg Cheers App Internet Business
CheersAppInternetBusiness
135263000 usd
CY2022 gsmg Cheers App Internet Business
CheersAppInternetBusiness
144045000 usd
CY2020 gsmg Traditional Media Business
TraditionalMediaBusiness
40190000 usd
CY2021 gsmg Traditional Media Business
TraditionalMediaBusiness
17749000 usd
CY2022 gsmg Traditional Media Business
TraditionalMediaBusiness
13034000 usd
CY2020 gsmg Total Consolidated Net Revenues
TotalConsolidatedNetRevenues
123763000 usd
CY2021 gsmg Total Consolidated Net Revenues
TotalConsolidatedNetRevenues
153012000 usd
CY2022 gsmg Total Consolidated Net Revenues
TotalConsolidatedNetRevenues
157079000 usd
CY2020 gsmg Operating Income Cheers App Internet Business
OperatingIncomeCheersAppInternetBusiness
24343000 usd
CY2021 gsmg Operating Income Cheers App Internet Business
OperatingIncomeCheersAppInternetBusiness
32081000 usd
CY2022 gsmg Operating Income Cheers App Internet Business
OperatingIncomeCheersAppInternetBusiness
24510000 usd
CY2020 gsmg Operating Income Traditional Media Business
OperatingIncomeTraditionalMediaBusiness
11707000 usd
CY2021 gsmg Operating Income Traditional Media Business
OperatingIncomeTraditionalMediaBusiness
4210000 usd
CY2022 gsmg Operating Income Traditional Media Business
OperatingIncomeTraditionalMediaBusiness
2218000 usd
CY2020 gsmg Total Segment Operating Income
TotalSegmentOperatingIncome
36050000 usd
CY2021 gsmg Total Segment Operating Income
TotalSegmentOperatingIncome
36291000 usd
CY2022 gsmg Total Segment Operating Income
TotalSegmentOperatingIncome
26728000 usd
CY2020 gsmg Unallocated Item
UnallocatedItem
-5381000 usd
CY2021 gsmg Unallocated Item
UnallocatedItem
-4000 usd
CY2022 gsmg Unallocated Item
UnallocatedItem
-2000 usd
CY2020 us-gaap Other Operating Income
OtherOperatingIncome
30669000 usd
CY2021 us-gaap Other Operating Income
OtherOperatingIncome
36287000 usd
CY2022 us-gaap Other Operating Income
OtherOperatingIncome
26726000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5557 usd
CY2022 dei Document Accounting Standard
DocumentAccountingStandard
U.S. GAAP
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
usd
CY2021Q4 gsmg Convertible Promissory Note Related Party
ConvertiblePromissoryNoteRelatedParty
usd
CY2022Q4 gsmg Convertible Promissory Note Related Party
ConvertiblePromissoryNoteRelatedParty
usd
CY2021Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2020 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
usd
CY2020 gsmg Shares On Earns Out
SharesOnEarnsOut
usd
CY2020 gsmg Appropriation To Statutory Reserve
AppropriationToStatutoryReserve
usd
CY2021 gsmg Appropriation To Statutory Reserve
AppropriationToStatutoryReserve
usd
CY2022 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
usd
CY2022 gsmg Stock Issued During Sharesbased Compensation Granted To Nonemployees
StockIssuedDuringSharesbasedCompensationGrantedToNonemployees
usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
usd
CY2020 us-gaap Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
usd
CY2020 gsmg Cash Disposed For Sales Of Subsidiaries
CashDisposedForSalesOfSubsidiaries
usd
CY2021 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
usd
CY2020 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
usd
CY2022 gsmg Proceedsfrom Cash Acquired From Acquisition Of Tkk
ProceedsfromCashAcquiredFromAcquisitionOfTkk
usd
CY2020 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
usd
CY2021 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Sales
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsSales
usd
CY2022Q4 us-gaap Construction Contract Cost Progress Payment Offset
ConstructionContractCostProgressPaymentOffset
usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
usd
CY2022Q4 gsmg Other Taxes
OtherTaxes
usd
CY2021Q4 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2022-12-23
CY2021Q4 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2022-05-22
CY2022Q4 us-gaap Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
usd
CY2022Q4 us-gaap Due To Other Related Parties Current And Noncurrent
DueToOtherRelatedPartiesCurrentAndNoncurrent
usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Document Period Start Date
DocumentPeriodStartDate
2022-01-01
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0001738758

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