2023 Q4 Form 10-Q Financial Statement
#000121390023086076 Filed on November 13, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
Revenue | $1.715M | $801.8K | |
YoY Change | 113.87% | -50.58% | |
Cost Of Revenue | $114.0K | $140.0K | |
YoY Change | -18.55% | -83.92% | |
Gross Profit | $1.601M | $661.8K | |
YoY Change | 141.89% | -11.94% | |
Gross Profit Margin | 93.35% | 82.54% | |
Selling, General & Admin | $389.5K | $434.0K | |
YoY Change | -10.25% | 13.9% | |
% of Gross Profit | 24.33% | 65.58% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $19.26K | $20.19K | |
YoY Change | -4.63% | ||
% of Gross Profit | 1.2% | 3.05% | |
Operating Expenses | $389.5K | $434.0K | |
YoY Change | -10.25% | 13.9% | |
Operating Profit | $1.211M | $227.8K | |
YoY Change | 431.72% | -38.51% | |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $9.447K | -$124.0K | |
YoY Change | -107.62% | -419.24% | |
Pretax Income | $1.221M | $103.8K | |
YoY Change | 1076.19% | -74.65% | |
Income Tax | $479.5K | $135.8K | |
% Of Pretax Income | 39.28% | 130.83% | |
Net Earnings | $741.2K | -$32.00K | |
YoY Change | -2416.23% | -115.42% | |
Net Earnings / Revenue | 43.22% | -3.99% | |
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | |
COMMON SHARES | |||
Basic Shares Outstanding | 1.701B shares | 1.701B shares | 1.701B shares |
Diluted Shares Outstanding | 1.701B shares | 1.701B shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $9.324M | $8.707M | $6.330M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | $55.06K | ||
Receivables | $632.5K | $643.4K | $287.4K |
Other Receivables | $41.07K | ||
Total Short-Term Assets | $10.03M | $9.390M | $7.643M |
YoY Change | 33.68% | 22.87% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $107.0K | $123.0K | $202.4K |
YoY Change | -43.35% | -39.24% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $134.7K | $163.0K | $295.8K |
YoY Change | -50.49% | -44.9% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $10.03M | $9.390M | $7.643M |
Total Long-Term Assets | $134.7K | $163.0K | $295.8K |
Total Assets | $10.16M | $9.553M | $7.938M |
YoY Change | 30.73% | 20.34% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $847.2K | $619.6K | $578.1K |
YoY Change | 22.99% | 7.17% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $184.1K | $302.2K | $339.5K |
YoY Change | -8.19% | -10.98% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $847.2K | $619.6K | $578.1K |
Total Long-Term Liabilities | $184.1K | $302.2K | $339.5K |
Total Liabilities | $1.031M | $921.8K | $917.6K |
YoY Change | 15.96% | 0.46% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.330M | $1.910M | $267.6K |
YoY Change | 4833.97% | 613.8% | |
Common Stock | $170.1K | $170.1K | $170.1K |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $9.131M | $8.632M | $7.021M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $10.16M | $9.553M | $7.938M |
YoY Change | 30.73% | 20.34% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $741.2K | -$32.00K | |
YoY Change | -2416.23% | -115.42% | |
Depreciation, Depletion And Amortization | $19.26K | $20.19K | |
YoY Change | -4.63% | ||
Cash From Operating Activities | |||
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | |||
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | |||
Cash From Investing Activities | |||
Cash From Financing Activities | |||
Net Change In Cash | |||
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | |||
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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2023-09-30 | ||
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ENTREPRENEUR UNIVERSE BRIGHT GROUP. | ||
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-160842 | usd |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1747357 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
259265 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1701181423 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1701181423 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1701181423 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1701181423 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6761614 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
391173 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-5135 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7147652 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
265850 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
231781 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7181721 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-31999 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-128843 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7020879 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6884200 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
431457 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-15494 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7300163 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
690447 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-77327 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7913283 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
741170 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-22896 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8631557 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1863074 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
625024 | usd | |
us-gaap |
Depreciation
Depreciation
|
59558 | usd | |
us-gaap |
Depreciation
Depreciation
|
62516 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
40003 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
40575 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
129523 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-33117 | usd | |
eubg |
Other Receivables And Prepayments
OtherReceivablesAndPrepayments
|
-30257 | usd | |
eubg |
Other Receivables And Prepayments
OtherReceivablesAndPrepayments
|
-11128 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
437017 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
244432 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-111527 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-164298 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-159123 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
301211 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
106699 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-208106 | usd | |
eubg |
Receipt In Advance
ReceiptInAdvance
|
-1678 | usd | |
eubg |
Receipt In Advance
ReceiptInAdvance
|
-4969 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-40003 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-40574 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1780630 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
44094 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1849 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9746 | usd | |
us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
1060394 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1849 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1070140 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
164439 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
3490 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-164439 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3490 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-101239 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-289162 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1513103 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1318698 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7193591 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7649129 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8706694 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6330431 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
650101 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
369878 | usd | |
eubg |
Revenue Gross
RevenueGross
|
4591688 | usd | |
eubg |
Revenue Gross
RevenueGross
|
2479181 | usd | |
CY2022Q3 | eubg |
Revenue Net
RevenueNet
|
102527 | usd |
eubg |
Revenue Net
RevenueNet
|
5976 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
151485 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<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>NOTE 1 – ORGANIZATION AND BUSINESS</b></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">Entrepreneur Universe Bright Group (“EUBG” or the “Company”) was incorporated in the State of Nevada on April 21, 1999 under the name LE GOURMET CO, INC. and the Company’s name to Entrepreneur Universe Bright Group, with an effective date of April 3, 2020.</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, through its wholly owned subsidiaries, mainly engages in provision of digital marketing consultation services in Hong Kong and China.</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> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="border-bottom: black 1.5pt solid; width: 32%; padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Company name</b></span></td> <td style="width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1.5pt solid; width: 32%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Place/date of incorporation</b></span></td> <td style="width: 2%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: black 1.5pt solid; width: 32%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Principal activities</b></span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1. Entrepreneurship World Technology Holding Group Company Limited</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hong Kong/May 15, 2019</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provision of consulting and promotional services</span></td></tr> <tr style="vertical-align: top; background-color: white"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2. Xian Yunchuang Space Information Technology Co., Ltd. </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The People’s Republic of China (“PRC”)/October 18, 2019</span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provision of digital marketing consultation services</span></td></tr> <tr style="vertical-align: top; background-color: white"> <td style="padding-left: 9pt; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr style="vertical-align: top; background-color: #CCEEFF"> <td style="padding-left: 9pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: -9pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3. Xian Yunchuang Space Information Technology Co., Ltd, BaiYin Branch</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Deregistered on June 30, 2023)</span></p></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">PRC/May 7, 2020 </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provision of digital marketing consultation services</span></td></tr> </table> <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"><b><i>COVID-19</i></b></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"><b> </b></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">In early January of 2020, a novel coronavirus (“COVID-19”) outbreak took place in Wuhan, China. Subsequently, it has spread rapidly to Asia and other parts of the world. The COVID-19 outbreak has resulted in widespread economic disruptions in China, as well as stringent government measures by the Chinese government to contain its transmissions including quarantines, travel restrictions, and temporary closures of non-essential businesses in China and elsewhere.</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">In early December 2022, China announced a nationwide loosening of its zero-covid policy, and most of the travel restrictions and quarantine requirements were lifted in December 2022. As a result, there were significant surges of COVID-19 cases in many cities in China from December 2022 to March 2023. However, based on the current situation, the Company does not expect a significant impact on the Company’s operations and financial results in the long run.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company achieved an operating revenue of $4,597,664 and $2,851,656 for the nine months ended September 30, 2023 and 2022, respectively, representing an increase of approximately 61.2% from the prior period. The increase was mainly attributed to our consultation services in connection with a client engaged in live streaming business.</p> | ||
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
4597664 | usd | |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
2851656 | usd | |
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.612 | pure |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<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>Use of Estimates</i></b></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 preparation of these financial statements in conformity with U.S. GAAP requires management of the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, costs and expenses, and related disclosures. On an ongoing basis, the Company evaluates its estimates based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.</span></p> | ||
eubg |
Variable Interest Entity Qualitative Or Quantitative Informations Ownership Percentage
VariableInterestEntityQualitativeOrQuantitativeInformationsOwnershipPercentage
|
0.50 | pure | |
CY2023Q3 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
2599 | usd |
CY2022Q4 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
2717 | usd |
CY2023Q3 | eubg |
Derived Services Revenues
DerivedServicesRevenues
|
353775 | usd |
CY2022Q3 | eubg |
Derived Services Revenues
DerivedServicesRevenues
|
702371 | usd |
eubg |
Derived Services Revenues
DerivedServicesRevenues
|
1146176 | usd | |
eubg |
Derived Services Revenues
DerivedServicesRevenues
|
2207029 | usd | |
eubg |
Schedule Of Revenue By Recognition Over Time Vs Point In Time Table Text Blok
ScheduleOfRevenueByRecognitionOverTimeVsPointInTimeTableTextBlok
|
<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue by recognition over time vs point in time</span><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Three months ended<br/> September 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Nine months ended<br/> September 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Revenue recognized at a point in time</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">1,714,786</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">801,784</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">4,597,664</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">2,851,656</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Revenue recognized over time</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-104">-</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-105">-</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-106">-</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-107">-</div></td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt"> </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">1,714,786</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">$</td><td style="border-bottom: Black 4pt double; text-align: right">801,784</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">4,597,664</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">2,851,656</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table> | ||
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1714786 | usd |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
801784 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4597664 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2851656 | usd | |
CY2023Q3 | eubg |
Revenue Gross
RevenueGross
|
1714786 | usd |
CY2022Q3 | eubg |
Revenue Gross
RevenueGross
|
699257 | usd |
eubg |
Revenue Net
RevenueNet
|
372475 | usd | |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
1714786 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
801784 | usd |
us-gaap |
Revenues
Revenues
|
4597664 | usd | |
us-gaap |
Revenues
Revenues
|
2851656 | usd | |
CY2021Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
216142 | usd |
CY2022 | eubg |
Consultancy Fees Collected
ConsultancyFeesCollected
|
220183 | usd |
CY2022 | eubg |
Refunded
Refunded
|
149992 | usd |
CY2022 | eubg |
Consultancy Income Earned
ConsultancyIncomeEarned
|
262799 | usd |
CY2022 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
23534 | usd |
CY2023Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
18773 | usd |
CY2022Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
17744 | usd |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
64921 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
47963 | usd | |
eubg |
Balance Sheet Except For Equity Accounts
BalanceSheetExceptForEquityAccounts
|
7.2948 | ||
eubg |
Balance Sheet Except For Equity Accounts
BalanceSheetExceptForEquityAccounts
|
1 | ||
eubg |
Income Statement And Cash Flows
IncomeStatementAndCashFlows
|
7.0313 | ||
eubg |
Income Statement And Cash Flows
IncomeStatementAndCashFlows
|
1 | ||
eubg |
Balance Sheet Except For Equity Accounts
BalanceSheetExceptForEquityAccounts
|
7.116 | ||
eubg |
Balance Sheet Except For Equity Accounts
BalanceSheetExceptForEquityAccounts
|
1 | ||
eubg |
Income Statement And Cash Flows
IncomeStatementAndCashFlows
|
6.6013 | ||
eubg |
Income Statement And Cash Flows
IncomeStatementAndCashFlows
|
1 | ||
eubg |
Range Prices
RangePrices
|
7.8 | hkd | |
eubg |
Range Prices
RangePrices
|
1 | usd | |
eubg |
Tax Benefit Percentage
TaxBenefitPercentage
|
0.50 | pure | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
741170 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-31999 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1863074 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
625024 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1701181423 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1701181423 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1701181423 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1701181423 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0 | ||
CY2023Q3 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.01 | |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
359887 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
378710 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
236899 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
189821 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
122988 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
188889 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
19260 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
20194 | usd |
us-gaap |
Depreciation
Depreciation
|
59558 | usd | |
us-gaap |
Depreciation
Depreciation
|
62516 | usd | |
CY2022Q4 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
3276 | usd |
CY2023Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
643424 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
234978 | usd |
CY2023Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
643424 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
234978 | usd |
CY2023Q3 | eubg |
Deposits And Other Receivables
DepositsAndOtherReceivables
|
20564 | usd |
CY2022Q4 | eubg |
Deposits And Other Receivables
DepositsAndOtherReceivables
|
15948 | usd |
CY2023Q3 | eubg |
Prepayments
Prepayments
|
19667 | usd |
CY2022Q4 | eubg |
Prepayments
Prepayments
|
57121 | usd |
CY2023Q3 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
40231 | usd |
CY2022Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
73069 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
53216 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
60047 | usd |
CY2023Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
81635 | usd |
CY2022Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
62830 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
145000 | usd |
CY2023Q3 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
54327 | usd |
CY2022Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
30838 | usd |
CY2023Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
5026 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
71012 | usd |
CY2023Q3 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
194204 | usd |
CY2022Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
369727 | usd |
eubg |
Profit Percentage
ProfitPercentage
|
0.10 | pure | |
eubg |
Registered Capital Percentage
RegisteredCapitalPercentage
|
0.50 | pure | |
eubg |
Statutory Reserve Value
StatutoryReserveValue
|
65911 | usd | |
CY2022 | eubg |
Statutory Reserve Value
StatutoryReserveValue
|
65911 | usd |
eubg |
Reserves Percentage
ReservesPercentage
|
0.50 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
|
0.80 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
|
0.50 | pure | |
eubg |
Estimated Assessable Profit
EstimatedAssessableProfit
|
0.165 | pure | |
CY2023Q3 | eubg |
Estimated Assessable Profit
EstimatedAssessableProfit
|
0.165 | pure |
eubg |
Estimated Assessable Profit
EstimatedAssessableProfit
|
0.165 | pure | |
CY2022Q3 | eubg |
Estimated Assessable Profit
EstimatedAssessableProfit
|
0.165 | pure |
eubg |
Provision Tax In Percentage
ProvisionTaxInPercentage
|
0.0825 | pure | |
CY2023Q3 | eubg |
Provision Tax In Percentage
ProvisionTaxInPercentage
|
0.0825 | pure |
eubg |
Provision Tax In Percentage
ProvisionTaxInPercentage
|
0.0825 | pure | |
CY2022Q3 | eubg |
Provision Tax In Percentage
ProvisionTaxInPercentage
|
0.0825 | pure |
CY2022Q3 | eubg |
Assessable Profits
AssessableProfits
|
274168 | usd |
eubg |
Assessable Profits
AssessableProfits
|
274168 | usd | |
CY2023Q3 | eubg |
Assessable Profits
AssessableProfits
|
274168 | usd |
eubg |
Assessable Profits
AssessableProfits
|
274168 | usd | |
CY2022Q3 | eubg |
Assessable Profits
AssessableProfits
|
2000000 | hkd |
eubg |
Assessable Profits
AssessableProfits
|
2000000 | hkd | |
CY2023Q3 | eubg |
Assessable Profits
AssessableProfits
|
2000000 | hkd |
eubg |
Assessable Profits
AssessableProfits
|
2000000 | hkd | |
eubg |
Operating Waiver
OperatingWaiver
|
1 | pure | |
CY2023Q3 | eubg |
Operating Waiver
OperatingWaiver
|
1 | pure |
eubg |
Operating Waiver
OperatingWaiver
|
1 | pure | |
CY2022Q3 | eubg |
Operating Waiver
OperatingWaiver
|
1 | pure |
CY2023Q3 | eubg |
Profit Tax Amount
ProfitTaxAmount
|
1371 | usd |
eubg |
Profit Tax Amount
ProfitTaxAmount
|
1371 | usd | |
CY2022Q3 | eubg |
Profit Tax Amount
ProfitTaxAmount
|
1371 | usd |
eubg |
Profit Tax Amount
ProfitTaxAmount
|
1371 | usd | |
CY2023Q3 | eubg |
Profit Tax Amount
ProfitTaxAmount
|
10000 | hkd |
eubg |
Profit Tax Amount
ProfitTaxAmount
|
10000 | hkd | |
CY2022Q3 | eubg |
Profit Tax Amount
ProfitTaxAmount
|
10000 | hkd |
eubg |
Profit Tax Amount
ProfitTaxAmount
|
10000 | hkd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.25 | pure | |
CY2008Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.10 | pure |
CY2023Q3 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
317141 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
188289 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
479535 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
135784 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1227673 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
595156 | usd | |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1220705 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
103785 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3090747 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1220180 | usd | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure | |
CY2023Q3 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
256348 | usd |
CY2022Q3 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
21795 | usd |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
649057 | usd | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
256238 | usd | |
CY2023Q3 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
40408 | usd |
CY2022Q3 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
75971 | usd |
us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
131235 | usd | |
us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
134157 | usd | |
CY2023Q3 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
60013 | usd |
CY2022Q3 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
28203 | usd |
us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
160316 | usd | |
us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
84678 | usd | |
CY2023Q3 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
102318 | usd |
CY2022Q3 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
9561 | usd |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
276069 | usd | |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
133454 | usd | |
CY2023Q3 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
20448 | usd |
CY2022Q3 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
254 | usd |
us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
10996 | usd | |
us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
-13371 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
479535 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
135784 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1227673 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
595156 | usd | |
CY2023Q3 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
3083 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
3558 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
11853 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
12535 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
14936 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
16093 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
317141 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
188289 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
14936 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
16093 | usd |
CY2023Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
302205 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
172196 | usd |
us-gaap |
Operating Leases Indemnification Agreements Description
OperatingLeasesIndemnificationAgreementsDescription
|
On June 10, 2021, the Company entered into a lease agreement for office space in Xian, the PRC with a non-cancellable lease term, commencing on July 16, 2021 and expiring on July 15, 2024. | ||
us-gaap |
Payments For Rent
PaymentsForRent
|
4686 | usd | |
us-gaap |
Payments For Rent
PaymentsForRent
|
32951 | cny | |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
14059 | usd |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
14406 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
42177 | usd | |
CY2023Q3 | eubg |
Revenue Percentage Net
RevenuePercentageNet
|
0.10 | pure |
CY2022Q3 | eubg |
Revenue Percentage Net
RevenuePercentageNet
|
0.10 | pure |
eubg |
Revenue Percentage Net
RevenuePercentageNet
|
0.10 | pure | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
44925 | usd | |
CY2023Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
14059 | usd |
CY2022Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
14406 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
42177 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
44925 | usd | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
13551 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
27103 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
40654 | usd |
CY2023Q3 | us-gaap |
Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
|
655 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
39999 | usd |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P0Y9M | |
CY2023Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.049 | pure |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
42177 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
44925 | usd | |
eubg |
Revenue Percentage Net
RevenuePercentageNet
|
0.10 | pure | |
eubg |
Net Accounts Receivable Rate
NetAccountsReceivableRate
|
0.10 | pure | |
CY2022 | eubg |
Net Accounts Receivable Rate
NetAccountsReceivableRate
|
0.10 | pure |
CY2023Q3 | eubg |
Derived Services Revenues
DerivedServicesRevenues
|
353775 | usd |
CY2022Q3 | eubg |
Derived Services Revenues
DerivedServicesRevenues
|
702371 | usd |
eubg |
Derived Services Revenues
DerivedServicesRevenues
|
1146176 | usd | |
eubg |
Derived Services Revenues
DerivedServicesRevenues
|
2207029 | usd | |
eubg |
Cost Of Revenue Rate
CostOfRevenueRate
|
0.10 | pure | |
eubg |
Cost Of Revenue Rate
CostOfRevenueRate
|
0.10 | pure | |
eubg |
Accounts Payablepercentage
AccountsPayablepercentage
|
0.10 | pure | |
CY2022 | eubg |
Accounts Payablepercentage
AccountsPayablepercentage
|
0.10 | pure |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8706694 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7193591 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
usd | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
usd | ||
us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
CY2023Q3 | eubg |
Revenue Net
RevenueNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
usd | |
eubg |
Consultancy Fees Collected
ConsultancyFeesCollected
|
usd | ||
eubg |
Refunded
Refunded
|
usd | ||
eubg |
Consultancy Income Earned
ConsultancyIncomeEarned
|
usd | ||
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
usd | ||
CY2023Q3 | us-gaap |
Deferred Revenue
DeferredRevenue
|
usd | |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1701181423 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1701181423 | shares |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
usd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
usd | |
CY2023Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
usd | |
CY2023Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
usd | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
usd | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
usd | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
00000 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001171326 |