2023 Q1 Form 10-K Financial Statement
#000121390023024710 Filed on March 30, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $1.960M | $2.921M | $8.104M |
YoY Change | 22.21% | 1.09% | -15.95% |
Cost Of Revenue | $1.782M | $2.878M | $8.598M |
YoY Change | 0.5% | 11.24% | -7.48% |
Gross Profit | $177.9K | $42.68K | -$493.9K |
YoY Change | -204.99% | -85.86% | -241.41% |
Gross Profit Margin | 9.08% | 1.46% | -6.09% |
Selling, General & Admin | $562.4K | $1.175M | $2.963M |
YoY Change | -17.11% | 32.48% | 3.87% |
% of Gross Profit | 316.11% | 2753.16% | |
Research & Development | $23.01K | $28.00K | $185.9K |
YoY Change | -57.43% | -48.2% | -41.73% |
% of Gross Profit | 12.93% | 65.6% | |
Depreciation & Amortization | $679.9K | $639.4K | $2.701M |
YoY Change | -4.72% | -10.03% | -12.54% |
% of Gross Profit | 382.12% | 1498.17% | |
Operating Expenses | $575.4K | $1.212M | $3.055M |
YoY Change | -22.48% | 27.46% | -4.82% |
Operating Profit | -$397.5K | -$1.169M | -$3.549M |
YoY Change | -56.4% | 80.21% | 24.07% |
Interest Expense | $79.45K | -$95.18K | $434.6K |
YoY Change | -167.46% | -71.33% | -180.64% |
% of Operating Profit | |||
Other Income/Expense, Net | -$78.50K | -$423.9K | |
YoY Change | -33.35% | -21.36% | |
Pretax Income | -$476.0K | -$1.264M | -$3.973M |
YoY Change | -53.77% | 28.9% | 16.87% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$476.0K | -$1.264M | -$3.973M |
YoY Change | -53.77% | 28.9% | 16.87% |
Net Earnings / Revenue | -24.28% | -43.28% | -49.02% |
Basic Earnings Per Share | -$0.06 | -$0.76 | |
Diluted Earnings Per Share | -$0.06 | -$0.20 | -$0.76 |
COMMON SHARES | |||
Basic Shares Outstanding | 8.458M shares | 51.64M shares | 5.257M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.167M | $2.030M | $2.030M |
YoY Change | -68.59% | -58.22% | -58.22% |
Cash & Equivalents | $1.167M | $2.030M | $2.030M |
Short-Term Investments | |||
Other Short-Term Assets | $102.8K | $77.70K | $77.70K |
YoY Change | 43.15% | 32.17% | 32.17% |
Inventory | $3.760M | $2.948M | $2.948M |
Prepaid Expenses | $102.8K | $77.70K | |
Receivables | $549.1K | $421.5K | $421.5K |
Other Receivables | $501.6K | $487.6K | $487.6K |
Total Short-Term Assets | $6.081M | $5.965M | $5.965M |
YoY Change | -25.53% | -34.41% | -34.41% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $9.430M | $9.973M | $10.01M |
YoY Change | -25.98% | -24.9% | -25.33% |
Goodwill | |||
YoY Change | |||
Intangibles | $1.826M | $1.807M | |
YoY Change | 1122.59% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $11.28M | $11.82M | $11.82M |
YoY Change | -12.44% | -12.81% | -12.81% |
TOTAL ASSETS | |||
Total Short-Term Assets | $6.081M | $5.965M | $5.965M |
Total Long-Term Assets | $11.28M | $11.82M | $11.82M |
Total Assets | $17.36M | $17.78M | $17.78M |
YoY Change | -17.52% | -21.48% | -21.48% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $848.9K | $667.1K | $667.1K |
YoY Change | -8.46% | -28.02% | -28.02% |
Accrued Expenses | $113.8K | $404.8K | $445.3K |
YoY Change | -49.42% | 35.64% | 16.03% |
Deferred Revenue | $136.7K | $520.3K | |
YoY Change | 147.73% | ||
Short-Term Debt | $6.133M | $6.241M | $6.241M |
YoY Change | 42.62% | 44.17% | 44.17% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $11.92M | $12.74M | $12.74M |
YoY Change | 20.39% | 21.17% | 21.17% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Other Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $11.92M | $12.74M | $12.74M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $12.69M | $13.49M | $13.49M |
YoY Change | -19.21% | -18.87% | -18.87% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$36.69M | -$36.21M | |
YoY Change | 12.32% | ||
Common Stock | $84.50K | $74.91K | |
YoY Change | 58.24% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $4.669M | $4.290M | $4.290M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $17.36M | $17.78M | $17.78M |
YoY Change | -17.52% | -21.48% | -21.48% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$476.0K | -$1.264M | -$3.973M |
YoY Change | -53.77% | 28.9% | 16.87% |
Depreciation, Depletion And Amortization | $679.9K | $639.4K | $2.701M |
YoY Change | -4.72% | -10.03% | -12.54% |
Cash From Operating Activities | -$1.468M | $584.6K | -$409.5K |
YoY Change | 66.95% | -395.08% | 63.92% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$27.27K | $402.0K | |
YoY Change | 286.26% | -191.76% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $55.96K | ||
YoY Change | |||
Cash From Investing Activities | $55.96K | $27.27K | -$402.0K |
YoY Change | -4126.19% | -486.26% | -8.24% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $518.2K | -672.1K | -$1.770M |
YoY Change | -287.92% | -114.55% | -138.5% |
NET CHANGE | |||
Cash From Operating Activities | -$1.468M | 584.6K | -$409.5K |
Cash From Investing Activities | $55.96K | 27.27K | -$402.0K |
Cash From Financing Activities | $518.2K | -672.1K | -$1.770M |
Net Change In Cash | -$863.0K | -60.21K | -$2.829M |
YoY Change | -25.38% | -101.36% | -172.36% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.468M | $584.6K | -$409.5K |
Capital Expenditures | -$27.27K | $402.0K | |
Free Cash Flow | $611.9K | -$811.5K | |
YoY Change | -420.26% | -531.15% |
Facts In Submission
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Preferred Stock Shares Issued
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shares | |
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shares | |
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10-K | |
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true | |
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2022-12-31 | |
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--12-31 | |
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2022 | |
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001-34471 | |
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China Pharma Holdings, Inc. | |
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NV | |
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73-1564807 | |
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Second Floor, No. 17, Jinpan Road | |
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Haikou | |
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Hainan Province | |
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CN | |
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570216 | |
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86 | |
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898-6681-1730 | |
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Common Stock | |
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3972841 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3399476 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3972841 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3399476 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-990764 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
218383 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4963605 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3181093 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.76 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.74 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5256855 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4612926 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8004531 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
15243 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
1179200 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-3399476 | usd |
CY2021 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
218383 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6017881 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
1707452 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
36270 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
42000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1450000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-3972841 | usd |
CY2022 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-990764 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4289998 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3972841 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3399476 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2700533 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3087820 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-93851 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-255215 | usd |
CY2022 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
78270 | usd |
CY2021 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
15243 | usd |
CY2021 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-250000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
170194 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
545534 | usd |
CY2022 | cphi |
Advances To Suppliers
AdvancesToSuppliers
|
459959 | usd |
CY2021 | cphi |
Advances To Suppliers
AdvancesToSuppliers
|
-1798 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-689104 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1011905 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-187734 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-332779 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
692190 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
415309 | usd |
CY2022 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
339659 | usd |
CY2021 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-520414 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
24722 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-21505 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-409545 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-249838 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
401964 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
438055 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-401964 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-438055 | usd |
CY2021 | us-gaap |
Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
|
2325039 | usd |
CY2022 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
-2140921 | usd |
CY2021 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
-2526542 | usd |
CY2022 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
564965 | usd |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
28962 | usd |
CY2021 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
1183414 | usd |
CY2022 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
223013 | usd |
CY2021 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
562659 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
5000000 | usd |
CY2021 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
3828564 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1770007 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4597738 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-247572 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-8439 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2829088 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
3901406 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4859059 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
957653 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2029971 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4859059 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
141797 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
218232 | usd |
CY2022 | cphi |
Accounts Receivable Collected With Bankers Acceptances
AccountsReceivableCollectedWithBankersAcceptances
|
503383 | usd |
CY2021 | cphi |
Accounts Receivable Collected With Bankers Acceptances
AccountsReceivableCollectedWithBankersAcceptances
|
601021 | usd |
CY2022 | cphi |
Inventory Purchased With Bankers Acceptance Note
InventoryPurchasedWithBankersAcceptanceNote
|
575713 | usd |
CY2021 | cphi |
Inventory Purchased With Bankers Acceptance Note
InventoryPurchasedWithBankersAcceptanceNote
|
565079 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
168606 | usd |
CY2022 | cphi |
Conversion Of Officer Wages To Common Stock
ConversionOfOfficerWagesToCommonStock
|
1707452 | usd |
CY2021 | us-gaap |
Stock Issued1
StockIssued1
|
1179200 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
2000000 | usd |
CY2022Q4 | cphi |
Accumulated Deficit
AccumulatedDeficit
|
36200000 | usd |
CY2022 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Reverse Stock Split </i></b>– Effective March 6, 2023, the Company implemented a 1-for -10 reverse stock split as more fully discussed in Note 14. All share and per share disclosures have been retroactively restated to reflect the impact of the reverse stock split.</span></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; font-size: 10pt"> </span></p> | |
CY2022Q4 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
1552229 | shares |
CY2022Q4 | us-gaap |
Dividends Stock
DividendsStock
|
1707452 | usd |
CY2022Q4 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
1.1 | |
CY2022 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P9Y8M12D | |
CY2022 | us-gaap-sup |
Management And Service Fees Rate
ManagementAndServiceFeesRate
|
0.15 | pure |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
4747142 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Accounting Estimates </i>- </b>The methodology used to prepare the Company’s financial statements is in conformity with U.S. GAAP, which requires the management of the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates made by management include, but are not limited to, the allowance for doubtful accounts, deferred tax asset valuation allowance, valuation of stock-based compensation, the useful life of property and equipment, valuation of intangible assets and the assumptions used to calculate derivative liabilities. Therefore, actual results could differ from those estimates.</span></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; font-size: 10pt"> </span></p> | |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
93851 | usd |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
255215 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
520295 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
210028 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
5147051 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1807486 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
147841 | usd |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Credit Risk</i></b> – The carrying amount of accounts receivable included in the balance sheet represents the Company’s exposure to credit risk in relation to its financial assets. No other financial asset carries a significant exposure to credit risk. The Company performs ongoing credit evaluations of each customer’s financial condition. The Company maintains allowances for doubtful accounts and such allowances in aggregate have not exceeded management’s estimates.</span></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; font-size: 10pt"> </span></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; font-size: 10pt">The Company has its cash in bank deposits primarily at state owned banks located in the PRC. Historically, deposits in PRC banks have been secured due to the state policy of protecting depositors’ interests. The PRC promulgated a Bankruptcy Law in August 2006, effective June 1, 2007, which contains provisions for the implementation of measures for the bankruptcy of PRC banks. Company bank accounts in China are not subject to a certain insurance coverage and will follow the provisions set forth in the PRC Bankruptcy Law should any bank where the Company has accounts declare bankruptcy.</span></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; font-size: 10pt"> </span></p> | |
CY2022Q4 | cphi |
Purchase Of Common Stock Shares
PurchaseOfCommonStockShares
|
96500 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
126667 | shares |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1839641 | usd |
CY2021Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
2131584 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
557146 | usd |
CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
622380 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
551000 | usd |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
585722 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
2947787 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
3339686 | usd |
CY2022Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
404427 | usd |
CY2021Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
441783 | usd |
CY2022Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
9391433 | usd |
CY2021Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
10258885 | usd |
CY2022Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
27780585 | usd |
CY2021Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
30122235 | usd |
CY2022Q4 | cphi |
Motor Vehicle Gross
MotorVehicleGross
|
438138 | usd |
CY2021Q4 | cphi |
Motor Vehicle Gross
MotorVehicleGross
|
337375 | usd |
CY2022Q4 | cphi |
Office Equipment Gross
OfficeEquipmentGross
|
308847 | usd |
CY2021Q4 | cphi |
Office Equipment Gross
OfficeEquipmentGross
|
278892 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
38323430 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
41439170 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
28350365 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
28158611 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
9973065 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
13280559 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
2663975 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
3049706 | usd |
CY2022 | cphi |
Intangible Assets Useful Life Description
IntangibleAssetsUsefulLifeDescription
|
Approved medical formulas are amortized from the date NMPA approval is obtained over their individually identifiable estimated useful life, which range from ten to thirteen years. | |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
36558 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
38114 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6554628 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
5294892 | usd |
CY2022Q4 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
1121273 | usd |
CY2021Q4 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
1425123 | usd |
CY2022Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
951506 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
211939 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
211939 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
206055 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
176632 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
176632 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
824289 | usd |
CY2022 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
1807486 | usd |
CY2022Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
951506 | usd |
CY2021Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
715506 | usd |
CY2022Q4 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
372578 | usd |
CY2021Q4 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
327033 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
1065979 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
841622 | usd |
CY2022Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
2390063 | usd |
CY2021Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
1884161 | usd |
CY2022Q4 | us-gaap |
Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
|
1354567 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.01 | pure |
CY2022 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
13546 | usd |
CY2021 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
13546 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
|
372578 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
|
327033 | usd |
CY2021Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
715506 | usd |
CY2021Q3 | us-gaap |
Notes Payable
NotesPayable
|
1179200 | usd |
CY2021Q3 | cphi |
Compensation Converted
CompensationConverted
|
176000 | usd |
CY2020Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0405 | pure |
CY2021Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0417 | pure |
CY2022Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0417 | pure |
CY2022Q4 | us-gaap |
Construction Loan
ConstructionLoan
|
7300000 | cny |
CY2022Q4 | us-gaap |
Construction Loan
ConstructionLoan
|
1000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.039 | pure |
CY2022Q4 | us-gaap |
Construction Loan
ConstructionLoan
|
3800000 | cny |
CY2022Q4 | us-gaap |
Construction Loan
ConstructionLoan
|
560000 | usd |
CY2022Q4 | us-gaap |
Construction Loan
ConstructionLoan
|
440000 | usd |
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
53283 | usd |
CY2020Q3 | us-gaap |
Construction Loan
ConstructionLoan
|
3200000 | cny |
CY2020Q4 | us-gaap |
Payments For Mortgage Deposits
PaymentsForMortgageDeposits
|
2343340 | cny |
CY2020Q4 | us-gaap |
Payments For Mortgage Deposits
PaymentsForMortgageDeposits
|
300000 | usd |
CY2022Q4 | cphi |
Interest Rate
InterestRate
|
0.045 | pure |
CY2021Q3 | us-gaap |
Construction Loan
ConstructionLoan
|
3200000 | cny |
CY2021Q3 | us-gaap |
Construction Loan
ConstructionLoan
|
800000 | usd |
CY2021 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
21528 | usd |
CY2020 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
22258 | usd |
CY2022Q4 | cphi |
Interest Amount
InterestAmount
|
0 | usd |
CY2021Q4 | cphi |
Interest Amount
InterestAmount
|
16051 | usd |
CY2021Q3 | us-gaap |
Construction Loan
ConstructionLoan
|
10000000 | cny |
CY2021Q3 | us-gaap |
Construction Loan
ConstructionLoan
|
1540000 | usd |
CY2021Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0385 | pure |
CY2013Q2 | us-gaap |
Construction Loan
ConstructionLoan
|
80000000 | cny |
CY2013Q2 | us-gaap |
Construction Loan
ConstructionLoan
|
13000000 | usd |
CY2021Q4 | cphi |
Interest Rate
InterestRate
|
0.0539 | pure |
CY2021Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2325039 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
15000000 | cny |
CY2021Q4 | us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P15M | |
CY2021Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
5250000 | usd |
CY2021Q4 | us-gaap |
Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
|
5000000 | usd |
CY2021Q4 | cphi |
Original Issue Discount
OriginalIssueDiscount
|
250000 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Convertible Number Of Equity Instruments
DebtInstrumentConvertibleNumberOfEquityInstruments
|
350000 | pure |
CY2022Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
15 | |
CY2022 | cphi |
Convertible Note
ConvertibleNote
|
175000 | shares |
CY2022 | cphi |
Convertible Note Conversion Price
ConvertibleNoteConversionPrice
|
30 | |
CY2022 | cphi |
Interest Accrues On Note Description
InterestAccruesOnNoteDescription
|
Interest accrues on the outstanding balance of the Note at 5% per annum compounded daily. Upon the occurrence of an Event of Default as defined in the Note, interest accrues at the lesser of 22% per annum or the maximum rate permitted by applicable law. In addition, upon any Event of Default, the Investor may accelerate the outstanding balance payable under the Note, which will increase automatically upon such acceleration by 15% or 5%, depending on the nature of the Event of Default. | |
CY2022 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
500000 | usd |
CY2022 | cphi |
Percentage Of Common Stock Price On Weighted Average Price
PercentageOfCommonStockPriceOnWeightedAveragePrice
|
0.85 | pure |
CY2021Q4 | cphi |
Note Redeemable Into Shares
NoteRedeemableIntoShares
|
881143 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
5.95817 | |
CY2022 | cphi |
Note Redeemable Into Shares
NoteRedeemableIntoShares
|
3836070 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
85 | |
CY2022 | cphi |
Weighted Average Price
WeightedAveragePrice
|
0.991 | |
CY2021 | cphi |
Original Issue Discount
OriginalIssueDiscount
|
250000 | usd |
CY2022 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
250314 | usd |
CY2021 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
279979 | usd |
CY2022Q1 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
100000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
3.113 | |
CY2022Q1 | us-gaap |
Shares Issued
SharesIssued
|
32123 | shares |
CY2022Q1 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
200000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
3.129 | |
CY2022Q1 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.85 | pure |
CY2022Q1 | cphi |
Common Stock Issued To Investor
CommonStockIssuedToInvestor
|
63918 | shares |
CY2022Q2 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
200000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.98 | |
CY2022Q2 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.85 | pure |
CY2022Q2 | us-gaap |
Shares Issued
SharesIssued
|
101010 | shares |
CY2022Q3 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
200000 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.755 | |
CY2022Q3 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.85 | pure |
CY2022Q3 | us-gaap |
Shares Issued
SharesIssued
|
113960 | shares |
CY2022Q4 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
100000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.12 | |
CY2022Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.85 | pure |
CY2022Q4 | cphi |
Common Stock Issued To Investor1
CommonStockIssuedToInvestor1
|
89286 | shares |
CY2022Q4 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
100000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.829 | |
CY2022Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.85 | pure |
CY2022Q4 | us-gaap |
Shares Issued
SharesIssued
|
120627 | shares |
CY2022Q4 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
310000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.829 | |
CY2022Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.85 | pure |
CY2022Q4 | us-gaap |
Shares Issued
SharesIssued
|
373945 | shares |
CY2022Q4 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
90000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.91 | |
CY2022Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.85 | pure |
CY2022Q4 | us-gaap |
Shares Issued
SharesIssued
|
98901 | shares |
CY2022Q4 | cphi |
Redeem Of Outstanding Note
RedeemOfOutstandingNote
|
150000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.829 | |
CY2022Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.85 | pure |
CY2022Q4 | us-gaap |
Shares Issued
SharesIssued
|
180905 | shares |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
78092 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
92085 | usd |
CY2022 | cphi |
Cash Flow For Operating Lease
CashFlowForOperatingLease
|
82015 | usd |
CY2021 | cphi |
Cash Flow For Operating Lease
CashFlowForOperatingLease
|
98845 | usd |
CY2022Q4 | cphi |
Operating Lease Rights Of Use Assets
OperatingLeaseRightsOfUseAssets
|
39046 | usd |
CY2021Q4 | cphi |
Operating Lease Rights Of Use Assets
OperatingLeaseRightsOfUseAssets
|
127958 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
40445 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
85282 | usd |
CY2022 | cphi |
Weighted Averages Remaining Lease Term
WeightedAveragesRemainingLeaseTerm
|
P0Y6M | |
CY2022 | cphi |
Weighted Average Discount Rate
WeightedAverageDiscountRate
|
0.0475 | pure |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
41007 | usd |
CY2022Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
41007 | usd |
CY2022Q4 | us-gaap |
Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
|
562 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
40445 | usd |
CY2022 | cphi |
Less Operating Lease Liabilities Current Portion
LessOperatingLeaseLiabilitiesCurrentPortion
|
40445 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.25 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-973717 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-849869 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
8416 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
8440 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
965301 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
841429 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
4184882 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
4578177 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
|
6787 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
|
8052 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
34921 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
137549 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
3201 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
3201 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
|
1087328 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
|
1187760 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
|
9782172 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
|
10685714 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
349 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
376 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
5036114 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
5779437 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1849800 | usd |
CY2021Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1602243 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
21985554 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
23982509 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
21985554 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
23982509 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
754698 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
824407 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
20100000 | usd |
CY2022 | cphi |
Net Operating Loss Carry Forwards Expiration Description
NetOperatingLossCarryForwardsExpirationDescription
|
Approximately $6.0 million of these carryforwards expired in December 2022. The Company also has net operating losses for United States federal income tax purposes of approximately $8.7 million of which $5.1 million is available to offset future taxable income, if any, through 2039, and $3.7 million are available for carryforward indefinitely subject to a limitation of 80% of taxable income for each tax year. | |
CY2022Q4 | cphi |
Valuation Allowance For Deferred Tax Assets
ValuationAllowanceForDeferredTaxAssets
|
21985554 | usd |
CY2021Q4 | cphi |
Valuation Allowance For Deferred Tax Assets
ValuationAllowanceForDeferredTaxAssets
|
23982509 | usd |
CY2022Q4 | us-gaap |
Customers Liability For Acceptances Net
CustomersLiabilityForAcceptancesNet
|
13784 | usd |
CY2022Q4 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
13784 | usd |
CY2021Q4 | us-gaap |
Customers Liability For Acceptances Net
CustomersLiabilityForAcceptancesNet
|
91362 | usd |
CY2021Q4 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
91362 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022 | cphi |
Aftertax Net Income Percentage
AftertaxNetIncomePercentage
|
0.10 | pure |
CY2022 | cphi |
Reserve Account Balances Percentage
ReserveAccountBalancesPercentage
|
0.50 | pure |
CY2022 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
8145000 | usd |
CY2021 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
8145000 | usd |
CY2021Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
500000 | shares |
CY2022Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
500000 | shares |
CY2022 | cphi |
Total Option Outstanding
TotalOptionOutstanding
|
66500 | shares |
CY2022Q4 | cphi |
Additional Shares Available For Issuance
AdditionalSharesAvailableForIssuance
|
910000 | shares |
CY2022Q4 | cphi |
Common Stock Pursuant
CommonStockPursuant
|
30000 | shares |
CY2022Q4 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
42000 | usd |
CY2022Q4 | cphi |
Closing Market Price
ClosingMarketPrice
|
1.4 | |
CY2022Q4 | us-gaap |
Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
|
90000 | usd |
CY2022Q4 | cphi |
Purchaseof Common Stock Shares
PurchaseofCommonStockShares
|
60000 | shares |
CY2022Q4 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
5.6 | |
CY2022Q4 | cphi |
Fair Value Of Options Granted
FairValueOfOptionsGranted
|
36270 | usd |
CY2022Q4 | cphi |
Closing Market Price
ClosingMarketPrice
|
1.5 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
|
1.155 | pure |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0384 | pure |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P2Y6M | |
CY2021Q3 | cphi |
Purchaseof Common Stock Shares
PurchaseofCommonStockShares
|
6500 | shares |
CY2021Q3 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
14.7 | |
CY2021Q3 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
15243 | usd |
CY2021Q3 | cphi |
Market Price Per Share
MarketPricePerShare
|
6.7 | |
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1.184 | pure |
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0075 | pure |
CY2021Q3 | cphi |
Expected Lifes
ExpectedLifes
|
P1Y6M | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.74 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.76 | |
CY2022 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
usd | |
CY2022 | us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
usd | |
CY2022 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
usd | |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
usd | |
CY2021 | cphi |
Conversion Of Officer Wages To Common Stock
ConversionOfOfficerWagesToCommonStock
|
usd | |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2022Q4 | cphi |
Operating Lease Liabilities Net Of Current Portion
OperatingLeaseLiabilitiesNetOfCurrentPortion
|
usd | |
CY2022 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
usd | |
CY2021 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001106644 |