2024 Q3 Form 10-K Financial Statement

#000121390024082285 Filed on September 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024
Revenue $21.08M $4.364M $23.98M
YoY Change 206.38% 18.9% 240.31%
Cost Of Revenue $20.88M $4.076M $23.50M
YoY Change 206.85% 12.3% 250.54%
Gross Profit $197.0K $287.3K $474.1K
YoY Change 163.57% 618.15% 39.06%
Gross Profit Margin 0.93% 6.58% 1.98%
Selling, General & Admin $2.124M $5.643M $12.24M
YoY Change 173.24% 4.89% 34.43%
% of Gross Profit 1078.51% 1964.37% 2581.74%
Research & Development $103.1K $15.79K $359.3K
YoY Change -33.5% -92.11% -60.98%
% of Gross Profit 52.33% 5.5% 75.79%
Depreciation & Amortization $5.463K $82.18K $32.37K
YoY Change -96.04% -51.66% -95.38%
% of Gross Profit 2.77% 28.61% 6.83%
Operating Expenses $2.228M $5.659M $12.60M
YoY Change 138.87% 1.41% 25.67%
Operating Profit -$2.031M -$5.371M -$12.13M
YoY Change 136.72% -3.04% 25.19%
Interest Expense $30.00 $1.980K
YoY Change
% of Operating Profit
Other Income/Expense, Net $59.88K -$9.490K -$95.92K
YoY Change -871.86% -5.1% 649.65%
Pretax Income -$1.971M -$5.381M -$12.22M
YoY Change 127.68% -3.22% 26.02%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.960M -$5.380M -$11.38M
YoY Change 8786.47% -3.23% 20.05%
Net Earnings / Revenue -9.3% -123.3% -47.46%
Basic Earnings Per Share -$0.49 -$4.38
Diluted Earnings Per Share -$0.49 -$1.71 -$4.38
COMMON SHARES
Basic Shares Outstanding 5.155M shares 3.058M shares 2.597M shares
Diluted Shares Outstanding 4.041M shares 2.597M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $181.3K $181.3K
YoY Change 353.15% 353.15%
Cash & Equivalents $937.6K $181.3K
Short-Term Investments
Other Short-Term Assets $1.595M $1.595M
YoY Change 112.6% 112.6%
Inventory $208.1K $153.6K $153.6K
Prepaid Expenses $474.2K $1.226M
Receivables $18.45K $718.5K $718.6K
Other Receivables $467.3K $0.00
Total Short-Term Assets $7.182M $2.648M $2.648M
YoY Change -9.23% 105.34% 105.26%
LONG-TERM ASSETS
Property, Plant & Equipment $43.68K $48.47K $97.81K
YoY Change -35.48% -43.6% -55.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00
YoY Change -100.0% -100.0%
Other Assets
YoY Change
Total Long-Term Assets $774.7K $643.8K $643.8K
YoY Change -14.33% -56.05% -55.9%
TOTAL ASSETS
Total Short-Term Assets $7.182M $2.648M $2.648M
Total Long-Term Assets $774.7K $643.8K $643.8K
Total Assets $7.957M $3.292M $3.292M
YoY Change -9.75% 19.51% 19.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $284.1K $1.076M $1.076M
YoY Change -4.06% 7.02% 6.5%
Accrued Expenses $460.1K $460.1K
YoY Change -62.59% -62.59%
Deferred Revenue $1.312M $49.24K
YoY Change 177.41% -91.92%
Short-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $1.170M $1.170M
YoY Change
Total Short-Term Liabilities $3.759M $3.600M $3.600M
YoY Change -15.89% -26.63% -26.68%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $132.5K $0.00
YoY Change 245.69% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.759M $3.600M $3.600M
Total Long-Term Liabilities $132.5K $0.00
Total Liabilities $3.892M $3.600M $3.528M
YoY Change -13.67% -43.17% -43.72%
SHAREHOLDERS EQUITY
Retained Earnings -$41.40M -$39.44M
YoY Change 47.41% 40.54%
Common Stock $45.28M $38.96M
YoY Change 40.47% 61.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.102M -$236.7K -$236.8K
YoY Change
Total Liabilities & Shareholders Equity $7.957M $3.292M $3.292M
YoY Change -9.75% 19.51% 19.7%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024
OPERATING ACTIVITIES
Net Income -$1.960M -$5.380M -$11.38M
YoY Change 8786.47% -3.23% 20.05%
Depreciation, Depletion And Amortization $5.463K $82.18K $32.37K
YoY Change -96.04% -51.66% -95.38%
Cash From Operating Activities -$730.0K -$444.5K -$6.400M
YoY Change -89.18% -45.13% 104.08%
INVESTING ACTIVITIES
Capital Expenditures $2.752K $59.02K $6.868K
YoY Change -26.22% -91.42%
Acquisitions
YoY Change
Other Investing Activities -$40.00 -$40.00
YoY Change -99.87%
Cash From Investing Activities -$47.52K -$59.06K -$168.0K
YoY Change 12919.18% -26.18% 48.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $8.061M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.491M 630.5K $6.840M
YoY Change -81.55% -27.53% 119.98%
NET CHANGE
Cash From Operating Activities -$730.0K -444.5K -$6.400M
Cash From Investing Activities -$47.52K -59.06K -$168.0K
Cash From Financing Activities $1.491M 630.5K $6.840M
Net Change In Cash $756.3K 126.9K $161.5K
YoY Change -36.92% -734.7% -211.8%
FREE CASH FLOW
Cash From Operating Activities -$730.0K -$444.5K -$6.400M
Capital Expenditures $2.752K $59.02K $6.868K
Free Cash Flow -$732.8K -$503.5K -$6.407M
YoY Change -89.14% -43.43% 99.21%

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CY2024 us-gaap Operating Lease Expense
OperatingLeaseExpense
167969 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
620696 usd
CY2024 us-gaap Share Based Compensation
ShareBasedCompensation
6749326 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
4378887 usd
CY2024 us-gaap Gain Loss On Investments
GainLossOnInvestments
-56081 usd
CY2024 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
717220 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15387 usd
CY2024 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-91076 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
46919 usd
CY2024 dtss Increase Decrease In Valueadded Tax Prepayment
IncreaseDecreaseInValueaddedTaxPrepayment
51078 usd
CY2023 dtss Increase Decrease In Valueadded Tax Prepayment
IncreaseDecreaseInValueaddedTaxPrepayment
29212 usd
CY2024 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
810421 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
141545 usd
CY2024 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
597744 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
839735 usd
CY2024 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-472584 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
353849 usd
CY2024 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-108736 usd
CY2023 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
523534 usd
CY2024 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-177194 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-575156 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6398883 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3136081 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6868 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3881 usd
CY2024 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
161054 usd
CY2023 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
80438 usd
CY2024 dtss Payment To Cash Disposed Due To Disposal Of Subsidiary
PaymentToCashDisposedDueToDisposalOfSubsidiary
35 usd
CY2023 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
28812 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-167957 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-113131 usd
CY2024 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
360804 usd
CY2023 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
1110238 usd
CY2023 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2197400 usd
CY2024 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1582513 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
198431 usd
CY2024 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8061286 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6839577 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3109207 usd
CY2024 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-111203 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4484 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
161534 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-144489 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19728 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
164217 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
181262 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19728 usd
CY2024 us-gaap Interest Paid Net
InterestPaidNet
20516 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
25501 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
125280 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
241093 usd
CY2024 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
730163 usd
CY2023Q1 dtss Price Of Ownership Interest
PriceOfOwnershipInterest
130434 usd
CY2023Q1 dtss Price Of Ownership Interest
PriceOfOwnershipInterest
900000 cny
CY2024 us-gaap Net Income Loss
NetIncomeLoss
-11380000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-9480000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-39440000 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6400000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3140000 usd
CY2024Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3780000 usd
CY2024 dtss Agreement Term
AgreementTerm
P10Y
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><b>USE OF ESTIMATES </b></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">The preparation of CFS in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The significant areas requiring the use of management estimates include, but are not limited to, the estimated useful life and residual value of property, plant and equipment, provision for staff benefits, recognition and measurement of deferred income taxes and the valuation allowance for deferred tax assets. Although these estimates are based on management’s knowledge of current events and actions management may undertake in the future, actual results may ultimately differ from those estimates and such differences may be material to the CFS.  </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2024Q2 us-gaap Inventory Net Of Allowances Customer Advances And Progress Billings
InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings
53650 usd
CY2023Q2 us-gaap Inventory Net Of Allowances Customer Advances And Progress Billings
InventoryNetOfAllowancesCustomerAdvancesAndProgressBillings
52915 usd
CY2024Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P3Y
CY2024 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
23975867 usd
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
7045311 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.50 pure
CY2022Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.15
CY2022Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1
CY2022Q4 dtss Purchase Of Minority Interest Ownership
PurchaseOfMinorityInterestOwnership
982014 usd
CY2024 us-gaap Profit Loss
ProfitLoss
-10695 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-218323 usd
CY2024 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><b>CONCENTRATION OF CREDIT RISK </b></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">The Company maintains cash in accounts with state-owned banks within the PRC. Cash in state-owned banks less than RMB500,000 ($76,000) is covered by insurance. Should any institution holding the Company’s cash become insolvent, or if the Company is unable to withdraw funds for any reason, the Company could lose the cash on deposit with that institution. The Company has not experienced any losses in such accounts and believes it is not exposed to any risks on its cash in these bank accounts. Cash denominated in RMB with a U.S. dollar equivalent of $100,788 and $17,432 as of June 30, 2024 and 2023, respectively, was held in accounts at financial institutions located in the PRC‚ which is not freely convertible into foreign currencies.</p><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Cash held in accounts at U.S. financial institutions is insured by the Federal Deposit Insurance Corporation or other programs subject to certain limitations up to $250,000 per depositor. As of June 30, 2024 and 2023, cash of $79,225 and $1,487 was maintained at U.S. financial institutions. Cash was maintained at financial institutions in Hong Kong, and was insured by the Hong Kong Deposit Protection Board up to a limit of HK $500,000 ($64,000). As of June 30, 2024 and 2023, the cash balance of $1,249 and $809 was maintained at financial institutions in Hong Kong. The Company, its subsidiaries and VIE have not experienced any losses in such accounts and do not believe the cash is exposed to any significant risk.</p>
CY2024Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
500000 cny
CY2024Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
76000 usd
CY2024Q2 us-gaap Asset Reporting Currency Denominated Value
AssetReportingCurrencyDenominatedValue
100788 usd
CY2023Q2 us-gaap Asset Reporting Currency Denominated Value
AssetReportingCurrencyDenominatedValue
17432 usd
CY2024Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2024 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><b>RECLASSIFICATION</b></p><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Certain prior period accounts have been reclassified to be in conformity with current period presentation, including reclassification of non-current loan payable to non-current bank loan payable.</p>
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
539260 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
563088 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
490794 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
477158 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48466 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
85930 usd
CY2024 us-gaap Depreciation
Depreciation
32373 usd
CY2023 us-gaap Depreciation
Depreciation
93594 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1851634 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2299458 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1305633 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1110671 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
546001 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1185787 usd
CY2024 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
462107 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
607836 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
303350 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
191803 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
50848 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
0 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
0 usd
CY2024Q2 us-gaap Deposits Assets Current
DepositsAssetsCurrent
64041 usd
CY2023Q2 us-gaap Deposits Assets Current
DepositsAssetsCurrent
15615 usd
CY2024Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1225612 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
563203 usd
CY2024Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
467250 usd
CY2023Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
460850 usd
CY2024Q2 dtss Advance To Third Party Individuals No Interest Payable Upon Demand
AdvanceToThirdPartyIndividualsNoInterestPayableUponDemand
154345 usd
CY2023Q2 dtss Advance To Third Party Individuals No Interest Payable Upon Demand
AdvanceToThirdPartyIndividualsNoInterestPayableUponDemand
11764 usd
CY2024Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
42958 usd
CY2023Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
110841 usd
CY2024Q2 dtss Prepaid Expense And Other Assets Current Before Allowance
PrepaidExpenseAndOtherAssetsCurrentBeforeAllowance
1954206 usd
CY2023Q2 dtss Prepaid Expense And Other Assets Current Before Allowance
PrepaidExpenseAndOtherAssetsCurrentBeforeAllowance
1162273 usd
CY2024Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
467250 usd
CY2023Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
460850 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1486956 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
701423 usd
CY2023Q3 dtss Market Developing Fee Rate
MarketDevelopingFeeRate
0.02 pure
CY2023Q3 dtss Market Developing Fee Rate
MarketDevelopingFeeRate
0.25 pure
CY2024Q1 dtss Market Developing Fee Rate
MarketDevelopingFeeRate
0.30 pure
CY2024Q1 dtss Unachieved Rate In Annual Sales
UnachievedRateInAnnualSales
0.30 pure
CY2024 dtss Amortization Of Prepaid Expense
AmortizationOfPrepaidExpense
1260000 usd
CY2020Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
10000000 cny
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
10000000 cny
CY2020Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1410000 usd
CY2020Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1410000 usd
CY2023Q1 us-gaap Other Receivables
OtherReceivables
3530000 cny
CY2023Q1 us-gaap Other Receivables
OtherReceivables
513701 usd
CY2020Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
200000 cny
CY2020Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
200000 cny
CY2020Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
28250 usd
CY2020Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
28250 usd
CY2020Q2 us-gaap Investment Interest Rate
InvestmentInterestRate
0.15 pure
CY2020Q3 us-gaap Investment Interest Rate
InvestmentInterestRate
0.15 pure
CY2022Q4 us-gaap Debt Securities Held To Maturity Sold Amount
DebtSecuritiesHeldToMaturitySoldAmount
1543400 cny
CY2022Q4 us-gaap Debt Securities Held To Maturity Sold Amount
DebtSecuritiesHeldToMaturitySoldAmount
213596 usd
CY2024 us-gaap Repayments Of Debt
RepaymentsOfDebt
48438 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
48438 usd
CY2024Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
467250 usd
CY2023Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
460850 usd
CY2024Q2 us-gaap Investment Interest Rate
InvestmentInterestRate
0.20 pure
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
174668 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
308841 usd
CY2024Q2 dtss Due To Third Parties
DueToThirdParties
59126 usd
CY2023Q2 dtss Due To Third Parties
DueToThirdParties
175354 usd
CY2024Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
15456 usd
CY2024Q2 dtss Social Security Payable
SocialSecurityPayable
288578 usd
CY2023Q2 dtss Social Security Payable
SocialSecurityPayable
537964 usd
CY2024Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
58886 usd
CY2023Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
387780 usd
CY2024Q2 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
596714 usd
CY2023Q2 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
1409939 usd
CY2024Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1269855 usd
CY2024Q2 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
1170298 usd
CY2022Q2 us-gaap Loans Payable
LoansPayable
596001 usd
CY2022Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
447001 usd
CY2022Q4 us-gaap Loans Payable
LoansPayable
3970000 cny
CY2022Q4 us-gaap Loans Payable
LoansPayable
642779 usd
CY2023Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
1310306 usd
CY2024 dtss Rental Expenses Amount
RentalExpensesAmount
39657 usd
CY2023 dtss Rental Expenses Amount
RentalExpensesAmount
33707 usd
CY2023Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
18
CY2023Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
40000000 cny
CY2023Q3 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
5710000 usd
CY2023Q3 dtss Subscription Price
SubscriptionPrice
4000000 usd
CY2023Q3 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
2000000 usd
CY2023Q3 dtss Net Proceeds From Offering
NetProceedsFromOffering
1600000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.21 pure
CY2024 dtss Reduce Of Taxpayer Percentage
ReduceOfTaxpayerPercentage
0.80 pure
CY2020 dtss Percentage Of Net Operating Loss For Temporary Repeal
PercentageOfNetOperatingLossForTemporaryRepeal
0.80 pure
CY2019 dtss Percentage Of Net Operating Loss For Temporary Repeal
PercentageOfNetOperatingLossForTemporaryRepeal
0.80 pure
CY2018 dtss Percentage Of Net Operating Loss For Temporary Repeal
PercentageOfNetOperatingLossForTemporaryRepeal
0.80 pure
CY2024 dtss Percentage Of Differed Tax Asset
PercentageOfDifferedTaxAsset
1 pure
CY2024Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
17860000 usd
CY2023Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
17100000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.014 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.018 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.068 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Tax Holidays
EffectiveIncomeTaxRateReconciliationTaxHolidays
0.013 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Holidays
EffectiveIncomeTaxRateReconciliationTaxHolidays
0.017 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.143 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.211 pure
CY2024Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2424628 usd
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3986827 usd
CY2024Q2 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
123750 usd
CY2023Q2 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
123750 usd
CY2024Q2 dtss Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
81079 usd
CY2023Q2 dtss Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
180522 usd
CY2024Q2 dtss Deferred Tax Assets Bad Debt Expense
DeferredTaxAssetsBadDebtExpense
116718 usd
CY2023Q2 dtss Deferred Tax Assets Bad Debt Expense
DeferredTaxAssetsBadDebtExpense
119932 usd
CY2024Q2 dtss Social Security And Insurance Accrual Deferred Tax
SocialSecurityAndInsuranceAccrualDeferredTax
56343 usd
CY2023Q2 dtss Social Security And Insurance Accrual Deferred Tax
SocialSecurityAndInsuranceAccrualDeferredTax
149196 usd
CY2024Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
13402 usd
CY2023Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
13771 usd
CY2024Q2 dtss Rou Net Of Lease Liabilities
ROUNetOfLeaseLiabilities
951 usd
CY2023Q2 dtss Rou Net Of Lease Liabilities
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2024 us-gaap Effective Income Tax Rate Continuing Operations
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CY2024Q2 us-gaap Deferred Tax Assets Net
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CY2024 dtss Carryback Period For Corporate And Noncorporate Taxpayers
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CY2024Q2 us-gaap Operating Lease Liability Noncurrent
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