$GDC
GD Culture Group Ltd Stock $gdc

$gdc Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000121390022072275 Filed on November 14, 2022

Income Statement

Concept	2022 Q4	2022 Q3	2021 Q3
Revenue	$150.0K		$2.666M
YoY Change	-99.03%		7.92%
Cost Of Revenue	$100.0K		$40.66K
YoY Change	-99.4%		-98.3%
Gross Profit	$60.00K		$2.625M
YoY Change	-105.49%		3181.3%
Gross Profit Margin	40.0%		98.47%
Selling, General & Admin	$270.0K	$64.04K	$5.853M
YoY Change		-98.91%	1261.07%
% of Gross Profit	450.0%		222.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	-$30.00K	-$650.00	$531.0K
YoY Change	-148.59%	-100.12%
% of Gross Profit	-50.0%		20.23%
Operating Expenses	-$12.68M	$64.04K	$5.853M
YoY Change	28.7%	-98.91%	1293.48%
Operating Profit	$12.74M	-$64.04K	-$3.228M
YoY Change	45.44%	-98.02%	849.28%
Interest Expense	$0.00	$0.00	$15.74K
YoY Change	-100.0%	-100.0%
% of Operating Profit	0.0%
Other Income/Expense, Net	$0.00	$0.00	$557.1K
YoY Change	-100.0%	-100.0%
Pretax Income	$12.74M	-$64.04K	-$2.655M
YoY Change	96.94%	-97.59%	658.49%
Income Tax	$0.00
% Of Pretax Income	0.0%
Net Earnings	-$7.350M	-$4.092M	-$2.639M
YoY Change	-240.75%	55.05%	438.58%
Net Earnings / Revenue	-4900.0%		-99.0%
Basic Earnings Per Share		-$0.04	-$0.15
Diluted Earnings Per Share	-$3.99	-$0.04	-$70.17K
COMMON SHARES
Basic Shares Outstanding	1.837M shares	46.11M shares	1.369M shares
Diluted Shares Outstanding		1.428M shares	1.369M shares

Balance Sheet

Concept	2022 Q4	2022 Q3	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$390.0K	$250.3K	$8.384M
YoY Change	-97.33%	-97.01%	81.47%
Cash & Equivalents	$389.1K	$250.3K	$8.384M
Short-Term Investments			$0.00
Other Short-Term Assets	$78.29K	$870.00	$21.92M
YoY Change		-100.0%	349.11%
Inventory		$0.00	$13.47K
Prepaid Expenses		$872.00
Receivables	$194.5K	$30.25K
Other Receivables	$1.026M	$1.096M	$609.0K
Total Short-Term Assets	$1.610M	$1.377M	$30.92M
YoY Change	-89.89%	-95.55%	145.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$502.00	$1.205K	$5.241M
YoY Change	-99.82%	-99.98%	1707.08%
Goodwill	$2.190M	$2.124M
YoY Change	-66.76%
Intangibles	$0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets	$2.190M	$15.07M	$0.00
YoY Change	-93.61%
Total Long-Term Assets	$2.191M	$15.07M	$16.13M
YoY Change	-93.67%	-6.55%	-1.4%
TOTAL ASSETS
Total Short-Term Assets	$1.610M	$1.377M	$30.92M
Total Long-Term Assets	$2.191M	$15.07M	$16.13M
Total Assets	$3.801M	$16.45M	$47.05M
YoY Change	-92.48%	-65.04%	62.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$127.5K	$14.17K	$136.5K
YoY Change	-96.4%	-89.62%	-87.24%
Accrued Expenses	$0.00	$0.00	$0.00
YoY Change	-100.0%		-100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change			-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$333.8K	$5.709M	$11.50M
YoY Change	-98.19%	-50.36%	167.42%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change	-100.0%		-100.0%
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$333.8K	$5.709M	$11.50M
Total Long-Term Liabilities
Total Liabilities	$333.8K	$5.709M	$11.50M
YoY Change	-98.19%	-50.36%	163.13%
SHAREHOLDERS EQUITY
Retained Earnings	-$56.84M	-$49.49M
YoY Change	118.46%
Common Stock	$184.00	$184.00
YoY Change	-96.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.467M	$10.74M	$35.56M
YoY Change
Total Liabilities & Shareholders Equity	$3.801M	$16.45M	$47.05M
YoY Change	-92.48%	-65.04%	62.48%

Cashflow Statement

Concept	2022 Q4	2022 Q3	2021 Q3
OPERATING ACTIVITIES
Net Income	-$7.350M	-$4.092M	-$2.639M
YoY Change	-240.75%	55.05%	438.58%
Depreciation, Depletion And Amortization	-$30.00K	-$650.00	$531.0K
YoY Change	-148.59%	-100.12%
Cash From Operating Activities	$80.00K	$107.9K	-$11.27M
YoY Change	-99.12%	-100.96%	2348.93%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$130.00	-$37.60K
YoY Change	-100.0%	-100.35%	276.0%
Acquisitions
YoY Change
Other Investing Activities	-$220.0K	-$12.27M	$1.154M
YoY Change	-80.94%	-1162.9%	2785.72%
Cash From Investing Activities	-$210.0K	-$12.27M	$1.117M
YoY Change	-82.13%	-1198.67%	3622.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000		-10.00
YoY Change	-100.0%		-99.98%
NET CHANGE
Cash From Operating Activities	80.00K	107.9K	-11.27M
Cash From Investing Activities	-210.0K	-12.27M	1.117M
Cash From Financing Activities	0.000		-10.00
Net Change In Cash	-130.0K	-12.16M	-10.15M
YoY Change	-101.64%	19.83%	1971.1%
FREE CASH FLOW
Cash From Operating Activities	$80.00K	$107.9K	-$11.27M
Capital Expenditures	$0.00	$130.00	-$37.60K
Free Cash Flow	$80.00K	$107.8K	-$11.23M
YoY Change	-99.12%	-100.96%	2394.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent		usd
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q3	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2022Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2022Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-37513
	dei	Entity Registrant Name EntityRegistrantName	CODE CHAIN NEW CONTINENT LIMITED
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-3709051
	dei	Entity Address Address Line1 EntityAddressAddressLine1	1678 Jinshajiang Road Building No. 6
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Room 901
	dei	Entity Address City Or Town EntityAddressCityOrTown	Shanghai
	dei	Entity Address Country EntityAddressCountry	CN
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	200062
	dei	City Area Code CityAreaCode	+86
	dei	Local Phone Number LocalPhoneNumber	021-32583578
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	1837136	shares
	dei	Security12b Title Security12bTitle	Common Stock, par value $0.0001
	dei	Trading Symbol TradingSymbol	CCNC
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	250279	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14588330	usd
CY2022Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	30247	usd
CY2022Q3	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	1095859	usd
CY2021Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	728361	usd
CY2021Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	610948	usd
CY2021Q4	us-gaap	Public Utilities Inventory PublicUtilitiesInventory	3714	usd
CY2022Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	872	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	1377257	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	15931353	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1205	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	283896	usd
CY2021Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	22733	usd
CY2022Q3	us-gaap	Prepaid Expense Noncurrent PrepaidExpenseNoncurrent	12949328	usd
CY2021Q4	us-gaap	Prepaid Expense Noncurrent PrepaidExpenseNoncurrent	27706681	usd
CY2022Q3	us-gaap	Goodwill Goodwill	2123879	usd
CY2021Q4	us-gaap	Goodwill Goodwill	6590339	usd
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	255	usd
CY2022Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	15073207	usd
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	34297275	usd
CY2022Q3	us-gaap	Assets Assets	16451669	usd
CY2021Q4	us-gaap	Assets Assets	50535257	usd
CY2022Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	14170	usd
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	3543839	usd
CY2022Q3	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	5227686	usd
CY2021Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	5005271	usd
CY2022Q3	us-gaap	Due To Other Related Parties Classified Current DueToOtherRelatedPartiesClassifiedCurrent	466407	usd
CY2021Q4	us-gaap	Due To Other Related Parties Classified Current DueToOtherRelatedPartiesClassifiedCurrent	466407	usd
CY2021Q4	ccnc	Customer Deposits CustomerDeposits	7171255	usd
CY2021Q4	ccnc	Operating Lease Liabilities Current OperatingLeaseLiabilitiesCurrent	13338	usd
CY2022Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	363	usd
CY2021Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	2246418	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	5708626	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	18446528	usd
CY2021Q4	ccnc	Operating Lease Liabilities Noncurrent OperatingLeaseLiabilitiesNoncurrent	8738	usd
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	8738	usd
CY2022Q3	us-gaap	Liabilities Liabilities	5708626	usd
CY2021Q4	us-gaap	Liabilities Liabilities	18455266	usd
CY2022Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1837136	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1837136	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1536052	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1536052	shares
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	184	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	154	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	60124087	usd
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	83038827	usd
CY2022Q3	ccnc	Statutory Reserves StatutoryReserves	4467	usd
CY2021Q4	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	25165728	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-49493368	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-26019119	usd
CY2022Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	107673	usd
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	225857	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	10743043	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	32079991	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	16451669	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	50535257	usd
CY2022Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	64041	usd
CY2021Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	747708	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	209740	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	21996804	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	12949329	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	64041	usd
CY2021Q3	us-gaap	Operating Expenses OperatingExpenses	747708	usd
	us-gaap	Operating Expenses OperatingExpenses	13159069	usd
	us-gaap	Operating Expenses OperatingExpenses	21996804	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-64041	usd
CY2021Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-747708	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-13159069	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-21996804	usd
CY2021Q3	us-gaap	Interest Income Other InterestIncomeOther	298	usd
	us-gaap	Interest Income Other InterestIncomeOther	793	usd
CY2021Q3	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	556195	usd
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	2366518	usd
CY2021Q3	us-gaap	Other Income OtherIncome	556493	usd
	us-gaap	Other Income OtherIncome	2367311	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-64041	usd
CY2021Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-191215	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-13159069	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-19629493	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-64041	usd
CY2021Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-191215	usd
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-13159069	usd
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-19629493	usd
CY2021Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-2463494	usd
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-6287250	usd
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-1344503	usd
CY2022Q3	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	-4027930	usd
CY2021Q3	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	15661	usd
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CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-4091971	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	-2639048	usd
	us-gaap	Net Income Loss NetIncomeLoss	-23474249	usd
	us-gaap	Net Income Loss NetIncomeLoss	-32192831	usd
CY2022Q3	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToNoncontrollingInterest	-261985	usd
CY2021Q3	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToNoncontrollingInterest	3386	usd
	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToNoncontrollingInterest	-118184	usd
	us-gaap	Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToNoncontrollingInterest	-736058	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-4353956	usd
CY2021Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2635662	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-23592433	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-32928889	usd
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1427927	shares
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1368852	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1427927	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1368852	shares
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.15
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-9.22
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-15.66
CY2022Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-2.82
CY2021Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-1.95
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-7.22
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-10.02
CY2022Q3	ccnc	Earnings Per Share Available To Common Shareholders EarningsPerShareAvailableToCommonShareholders	-2.87
CY2021Q3	ccnc	Earnings Per Share Available To Common Shareholders EarningsPerShareAvailableToCommonShareholders	-2.11
	ccnc	Earnings Per Share Available To Common Shareholders EarningsPerShareAvailableToCommonShareholders	-16.44
	ccnc	Earnings Per Share Available To Common Shareholders EarningsPerShareAvailableToCommonShareholders	-25.68
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	21912755	usd
	us-gaap	Net Income Loss NetIncomeLoss	-32192831	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	2563618	usd
	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	6160000	usd
	ccnc	Stock Issued During Period Value Issuance Of Common Stock For Purchase Digital Currency Mining Machines StockIssuedDuringPeriodValueIssuanceOfCommonStockForPurchaseDigitalCurrencyMiningMachines	16442111	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans	22539996	usd
	ccnc	Stock Issued During Period Value Issuance Of Common Stock For Cash StockIssuedDuringPeriodValueIssuanceOfCommonStockForCash	16923850	usd
	ccnc	Cancellation Of Common Stock CancellationOfCommonStock	-1615939	usd
	ccnc	Issuance Of Common Stock IssuanceOfCommonStock	-16442110	usd
	ccnc	Stock Issued During Period Value Foreign Currency Translation StockIssuedDuringPeriodValueForeignCurrencyTranslation	-736058	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	35555392	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	32079991	usd
	us-gaap	Net Income Loss NetIncomeLoss	-23474249	usd
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	7680000	usd
	ccnc	Stock Issued During Period Issuance Of Common Stock For Acquisition Highlight Media StockIssuedDuringPeriodIssuanceOfCommonStockForAcquisitionHighlightMedia	2254467	usd
	ccnc	Cancellation Of Common Stock CancellationOfCommonStock	-32844710	usd
	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	25165728	usd
	ccnc	Stock Issued During Period Value Foreign Currency Translation StockIssuedDuringPeriodValueForeignCurrencyTranslation	-118184	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	10743043	usd
	us-gaap	Net Income Loss NetIncomeLoss	-23474249	usd
	us-gaap	Net Income Loss NetIncomeLoss	-32192831	usd
	us-gaap	Depreciation Depreciation	33192	usd
	us-gaap	Depreciation Depreciation	1237480	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	98	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	151	usd
	us-gaap	Operating Lease Impairment Loss OperatingLeaseImpairmentLoss	12949329	usd
	ccnc	Issuance Of Common Stock For Employee Compensation IssuanceOfCommonStockForEmployeeCompensation	16923850	usd
	ccnc	Issuance Of Common Stock For Bonus IssuanceOfCommonStockForBonus	2563618	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-4027930	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-11218835	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	6590339	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	2366518	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	419509	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-757	usd
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-439725	usd
	us-gaap	Increase Decrease In Notes Receivable Related Parties Current IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent	-192863	usd
	us-gaap	Increase Decrease In Notes Receivable Related Parties Current IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent	273570	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	3001	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	599768	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	68962	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	21217981	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	196417	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-420377	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-99892	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	145934	usd
	ccnc	Increase Decrease In Customer Deposit IncreaseDecreaseInCustomerDeposit	-2156462	usd
	ccnc	Increase Decrease In Customer Deposit IncreaseDecreaseInCustomerDeposit	10094951	usd
	ccnc	Increase Decrease In Lease Liabilities IncreaseDecreaseInLeaseLiabilities	493	usd
	ccnc	Increase Decrease In Lease Liabilities IncreaseDecreaseInLeaseLiabilities	-3227	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	845389	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	263930	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-966745	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-14598852	usd
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-47498	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	12316416	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	271099	usd
	ccnc	Purchase Of Financial Products PurchaseOfFinancialProducts	463679	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6689	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	287821	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12275607	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-95241	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	22539996	usd
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	255023	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	22795019	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1095699	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-25129	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-14338051	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	8075796	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14588330	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	308110	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	250279	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8383906	usd
	us-gaap	Interest Paid Net InterestPaidNet	935	usd
	us-gaap	Interest Paid Net InterestPaidNet	7708	usd
	ccnc	Issuance Of Common Stock For Bonus One IssuanceOfCommonStockForBonusOne	2563618	usd
	ccnc	Issuance Of Common Stock For Purchase Bitcoin Mining Machines IssuanceOfCommonStockForPurchaseBitcoinMiningMachines	6160000	usd
	ccnc	Issuance Of Common Stock For Purchase Digital Currency Mining Machines IssuanceOfCommonStockForPurchaseDigitalCurrencyMiningMachines	16442111	usd
	ccnc	Issuance Of Common Stock For Warrants Conversion IssuanceOfCommonStockForWarrantsConversion	16923850	usd
	us-gaap	Stock Issued1 StockIssued1	7680000	usd
	ccnc	Issuance Of Common Stock For Highlight Media IssuanceOfCommonStockForHighlightMedia	2250000	usd
	ccnc	Cancellation Of Common Stocks CancellationOfCommonStocks	32844710	usd
	ccnc	Cancellation Of Common Stocks CancellationOfCommonStocks	1615939	usd
	ccnc	Bitcoin Revenue BitcoinRevenue	2366518	usd
CY2022Q3	ccnc	Average Price Per Share AveragePricePerShare	0.237
CY2021Q1	ccnc	Business Combination Description BusinessCombinationDescription	Pursuant to the agreement, on March 31, 2021, CCNC sold all the issued and outstanding ordinary shares of Tongrong WFOE to the Buyer at a purchase price of $2,464,411 and caused 426,369 shares of common stock of CCNC owned by the Payee to be cancelled.
	ccnc	Agreement Term AgreementTerm	P20Y
	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Use of estimates and assumptions</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the periods presented. Significant accounting estimates reflected in the Company’s unaudited condensed consolidated financial statements include the useful lives of intangible assets, deferred revenues and plant and equipment, impairment of long-lived assets, collectability of receivables, inventory valuation allowance, present value of lease liabilities and realization of deferred tax assets. Actual results could differ from these estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	107673	usd
CY2021	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	225857	usd
	us-gaap	Foreign Currency Translation Adjustment Description ForeignCurrencyTranslationAdjustmentDescription	The balance sheet amounts, with the exception of shareholders’ equity at September 30, 2022 and December 31, 2021 were translated at 7.11 RMB and 6.38 RMB to $1.00, respectively. The shareholders’ equity accounts were stated at their historical rate. The average translation rates applied to statement of income accounts for the nine months ended September 30, 2022 and 2021 were 6.61 RMB and 6.47 RMB, respectively. Cash flows are also translated at average translation rates for the periods, therefore, amounts reported on the statement of cash flows will not necessarily agree with changes in the corresponding balances on the consolidated balance sheet.
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent	0.50	pure
CY2022Q3	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	9079348	shares
CY2021Q3	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	10500000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4539674	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5250000	shares
CY2022Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares	824000	shares
CY2021Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares	824000	shares
	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	2250000	usd
	us-gaap	Impairment Charge On Reclassified Assets ImpairmentChargeOnReclassifiedAssets	0	usd
CY2021Q1	us-gaap	Supplemental Deferred Purchase Price SupplementalDeferredPurchasePrice	2464411	usd
CY2021Q1	ccnc	Cancellation Of Common Stock Shares CancellationOfCommonStockShares	426369	shares
CY2021Q1	ccnc	Average Closing Price Per Share AverageClosingPricePerShare	5.78
CY2021Q1	ccnc	Total Of Shares Of Common Stock TotalOfSharesOfCommonStock	4000000	shares
CY2022Q3	ccnc	Average Closing Price Per Share AverageClosingPricePerShare	0.237
CY2022Q3	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	47498	usd
CY2021Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	14385549	usd
CY2022Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	30247	usd
CY2022Q3	us-gaap	Other Receivables OtherReceivables	76709	usd
CY2021Q4	us-gaap	Other Receivables OtherReceivables	1600240	usd
CY2021Q4	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	610948	usd
CY2021Q4	us-gaap	Inventory Adjustments InventoryAdjustments	3714	usd
CY2022Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	872	usd
CY2021Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	657858	usd
CY2022Q3	ccnc	Variable Interest Entity Of Consolidated Assets Current VariableInterestEntityOfConsolidatedAssetsCurrent	155326	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Assets Current VariableInterestEntityOfConsolidatedAssetsCurrent	17258309	usd
CY2022Q3	ccnc	Variable Interest Entity Consolidated Assets Property Plants And Equipment VariableInterestEntityConsolidatedAssetsPropertyPlantsAndEquipment	1205	usd
CY2021Q4	ccnc	Variable Interest Entity Consolidated Assets Property Plants And Equipment VariableInterestEntityConsolidatedAssetsPropertyPlantsAndEquipment	284151	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Assets Noncurrent VariableInterestEntityOfConsolidatedAssetsNoncurrent	1825048	usd
CY2022Q3	ccnc	Variable Interest Entity Consolidated Assets Goodwill VariableInterestEntityConsolidatedAssetsGoodwill	2123879	usd
CY2021Q4	ccnc	Variable Interest Entity Consolidated Assets Goodwill VariableInterestEntityConsolidatedAssetsGoodwill	6590339	usd
CY2022Q3	ccnc	Variable Interest Entity Of Consolidated Carrying Amount Assets VariableInterestEntityOfConsolidatedCarryingAmountAssets	2280410	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Carrying Amount Assets VariableInterestEntityOfConsolidatedCarryingAmountAssets	25957847	usd
CY2022Q3	ccnc	Variable Interest Entity Of Consolidated Liabilities Current VariableInterestEntityOfConsolidatedLiabilitiesCurrent	28478	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Liabilities Current VariableInterestEntityOfConsolidatedLiabilitiesCurrent	15825043	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Liabilities Noncurrent VariableInterestEntityOfConsolidatedLiabilitiesNoncurrent	8738	usd
CY2022Q3	ccnc	Variable Interest Entity Of Consolidated Carrying Amount Liabilities VariableInterestEntityOfConsolidatedCarryingAmountLiabilities	28478	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Carrying Amount Liabilities VariableInterestEntityOfConsolidatedCarryingAmountLiabilities	15833781	usd
CY2022Q3	ccnc	Variable Interest Entity Of Consolidated Carrying Amount Assets And Liabilities Net VariableInterestEntityOfConsolidatedCarryingAmountAssetsAndLiabilitiesNet	2251932	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Carrying Amount Assets And Liabilities Net VariableInterestEntityOfConsolidatedCarryingAmountAssetsAndLiabilitiesNet	10124066	usd
CY2022Q3	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	14170	usd
CY2022Q3	ccnc	Property Plant And Equipments Net PropertyPlantAndEquipmentsNet	1205	usd
CY2021Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	3202771	usd
CY2022Q3	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	13945	usd
CY2021Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	1622689	usd
CY2021Q4	ccnc	Variable Interest Entity Of Other Payables Related Party VariableInterestEntityOfOtherPayablesRelatedParty	2841242	usd
CY2022Q3	ccnc	Variable Interest Entity Of Consolidated Tax Payables VariableInterestEntityOfConsolidatedTaxPayables	363	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Tax Payables VariableInterestEntityOfConsolidatedTaxPayables	973748	usd
CY2021Q4	ccnc	Customer Advance Current CustomerAdvanceCurrent	7171255	usd
CY2021Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	13338	usd
CY2022Q3	ccnc	Variable Interest Entity Of Consolidated Liabilities Current VariableInterestEntityOfConsolidatedLiabilitiesCurrent	28478	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Liabilities Current VariableInterestEntityOfConsolidatedLiabilitiesCurrent	15825043	usd
CY2021Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	8738	usd
CY2022Q3	ccnc	Variable Interest Entity Of Consolidated Carrying Amount Liabilities VariableInterestEntityOfConsolidatedCarryingAmountLiabilities	28478	usd
CY2021Q4	ccnc	Variable Interest Entity Of Consolidated Carrying Amount Liabilities VariableInterestEntityOfConsolidatedCarryingAmountLiabilities	15833781	usd
CY2021Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	3714	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	3714	usd
CY2022Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	9734	usd
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	344143	usd
CY2022Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	8529	usd
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	60247	usd
CY2021Q4	ccnc	Property Plant And Equipments Net PropertyPlantAndEquipmentsNet	283896	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	33192	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1237480	usd
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	784584	usd
CY2021Q4	ccnc	Finite Lived Intangible Assets Nets FiniteLivedIntangibleAssetsNets	255	usd
	ccnc	Amortization Of Intangible Asset AmortizationOfIntangibleAsset	98	usd
	ccnc	Amortization Of Intangible Asset AmortizationOfIntangibleAsset	100	usd
CY2021Q4	us-gaap	Goodwill Gross GoodwillGross	6590339	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	2123879	usd
	ccnc	Disposal Of Company DisposalOfCompany	-6590339	usd
CY2022Q3	us-gaap	Goodwill Gross GoodwillGross	2123879	usd
	ccnc	Name Of Related Party NameOfRelatedParty	Total
CY2021Q4	ccnc	Other Receivable Related Party OtherReceivableRelatedParty	610948	usd
	ccnc	Name Of Related Party NameOfRelatedParty	Total
CY2022Q3	ccnc	Other Payable Related Parties Current OtherPayableRelatedPartiesCurrent	466407	usd
CY2021Q4	ccnc	Other Payable Related Parties Current OtherPayableRelatedPartiesCurrent	466407	usd
	us-gaap	Operating Lease Payments Use OperatingLeasePaymentsUse	14400000	usd
CY2022Q3	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	3026905	usd
CY2021Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	5191512	usd
CY2022Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	3026905	usd
CY2021Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	5191512	usd
CY2022Q3	ccnc	Value Added Tax Taxes Payable ValueAddedTaxTaxesPayable	-363	usd
CY2021Q4	ccnc	Value Added Tax Taxes Payable ValueAddedTaxTaxesPayable	-973748	usd
CY2021Q4	ccnc	Income Taxes Payable IncomeTaxesPayable	1272670	usd
CY2022Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	363	usd
CY2021Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	2246418	usd
	ccnc	Statutory Reserve Description StatutoryReserveDescription	Makesi WFOE and Highlight Media are required to set aside at least 10% of their after-tax profits each year, if any, to fund certain statutory reserve funds until such reserve funds reach 50% of its registered capital.
CY2021Q1	us-gaap	Significant Purchase Commitment Description SignificantPurchaseCommitmentDescription	On February 23, 2021, the Company entered into an asset purchase agreement with Sichuan RiZhanYun Jisuan Co., Ltd. (the “Seller”), which was amended and restated on April 16, 2021, and further amended on May 28, 2021. Pursuant to the asset purchase agreement, the Company purchased a total of 10,000 Bitcoin mining machines (the “Assets”) for a total purchase price of RMB 40,000,000 or US$6,160,000 based on the exchange rate as of April 8, 2021 (the “Purchase Price”), payable in the form of 1,587,800 shares of common stock of the Company, valued at US$3.88 per share, which is the closing bid price of the common stock of the Company on the Nasdaq Stock Market on April 8, 2021. The Seller shall cause revenue and any other source of income from the operation of the Assets to be paid to the Company, payable in cryptocurrency to be deposited into a cryptocurrency wallet held by the Company on a daily basis. The Company shall issue to the Seller or its designees RMB 5,000,000 or US$770,000 worth of common stock of the Company (the “Bonus Shares”) if the Assets generate an average net profit per day/10,000 machines (the “Daily Profit”) on behalf of the Company during the one-year period from March 19, 2021 to March 19, 2022 (the “Valuation Period”) equals to RMB 200,000 or US$30,800 and if the Assets generate an average net profit per month/10,000 machines (the “Monthly Profit”) on behalf of the Company during the Valuation Period equals to RMB 6,000,000 or US$924,000. If the Daily Profit is more than RMB 200,000 or US$30,800 and the Monthly Profit is more than RMB 6,000,000 or US$924,000, the Company shall issue to the Seller or its designees additional shares of common stock in proportion to the amount that is in excess. If the Daily Profit is less than RMB 200,000 or US$30,800 or the Monthly Profit is less than RMB 6,000,000 or US$924,000, the Company shall not issue to the Seller or its designees any Bonus Shares and such month is deemed a “Re-evaluated Month”. At the end of the Valuation Period, the Monthly Profit of such Re-evaluated Month(s) shall be aggregated (the “Aggregate Profit”), and the Company shall issue RMB5,000,000 or US$770,000 worth of common stock of the Company for every RMB6,000,000 or US$924,000 in Aggregate Profit on a pro rata basis. Such Daily Profit and Monthly Profit shall be determined on a monthly basis on the first day of the next month. Such Bonus Shares and additional shares, when applicable, shall be issued on the fifteenth day of the next month. For any month that has 28 days or 31 days, the Monthly Profit is calculated based on the actual number of days in the month. Notwithstanding the foregoing, no share pursuant to this Agreement shall be issued earlier than May 24, 2021 in any event. The total number of shares of common stock, including the Bonus Shares, issuable to the Seller or its designees pursuant to the Agreement shall in no event be more than 19.99% of the total shares issued and outstanding of Company as of the February 23, 2021, the date of the asset purchase agreement. On June 1, 2021, the Company issued to a designee of the Seller 2,513,294 shares of common stock, consisted of (i) the Purchase Price in the form of 1,587,800 shares of common stock and (ii) 925,494 Bonus Shares, valued at US$2.51 per share, which is the closing bid price of the common stock of the Company on the Nasdaq Stock Market on May 12, 2021, for meeting and exceeding the Daily Profit and Monthly Profit benchmark. Because the Assets were never delivered to the Company and the Company has not received and is not able to accept cryptocurrency from the operation of the Assets, the Company and the Seller agreed to rescind the Agreement and cancel the Shares on September 26, 2022. On July 28, 2021, the Company entered into an asset purchase agreement with certain seller(the “Seller”) pursuant to which the Company agreed to purchase from the Seller digital currency mining machines for a total purchase price of RMB 106,388,672.43, or US$ 16,442,109.95 (based on the exchange rate between RMB and USD of 1: 6.4705 as of July 8, 2021), payable in the form of 7,647,493 shares of common stock of the Company(“CCNC Shares”). The CCNC Shares are valued at $2.15 per share. The Company plans to use the assets to further develop its digital currency mining operation. On February 23, 2022, the Company entered into a termination agreement (the “Termination Agreement) with the Seller to terminate the Asset Purchase Agreement and forfeit the transaction. The parties agreed that the CCNC Shares shall be cancelled within 15 business days from the date of the Termination Agreement. On February 23, 2022, the Company entered into a termination agreement (the “Termination Agreement) with the Seller to terminate the Asset Purchase Agreement and forfeit the transaction. The parties agreed that the CCNC Shares shall be cancelled within 15 business days from the date of the Termination Agreement. On April 14, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Shanghai Yuanma Food and Beverage Management Co., Ltd., a PRC company (“Yuan Ma”), and all the shareholders of Yuan Ma (“Yuanma Shareholders”). Yuanma Shareholders are Wei Xu, the Chief Executive Officer and Chairman of the Board of the Company, and Jiangsu Lingkong Network Joint Stock Co., Ltd., which is controlled by Wei Xu. Pursuant to the SPA, the Company agreed to issue an aggregate of 7,680,000 shares of common stock of the Company, valued at $1.00 per share, to the Yuanma Shareholders, in exchange for Yuanma Shareholders’ agreement to enter into and to cause Yuan Ma to enter into certain agreements (“VIE Agreements”) with Makesi IoT Technology (Shanghai) Co., Ltd. (“Makesi WFOE”), the Company’s indirectly owned subsidiary, to establish a VIE (variable interest entity) structure (the “Acquisition”). On June 13, 2022, the Company held a special meeting of stockholders and approved the issuance of the 7,680,000 shares of common stock to Wei Xu. On June 21, 2022, pursuant to the SPA, Makesi WFOE entered into a series of VIE Agreements with Yuan Ma and Yuanma Shareholders, and the 7,680,000 shares of common stock were issued to Wei Xu. The transaction contemplated in the SPA was completed. On September 16, 2022, the Company entered into a Share Purchase Agreement (“SPA”) with Shanghai Highlight Media Co., Ltd., a PRC company (“Highlight Media”), and all the shareholders of Highlight Media (“Highlight Media Shareholders”). Pursuant to the SPA, the Company agreed to issue an aggregate of 9,000,000 shares of common stock of the Company (the “Shares”), valued at $0.25 per share, to the Highlight Media Shareholders, in exchange for Highlight Media’s and Highlight Media Shareholders’ agreement to enter into certain agreements (the “VIE Agreements”) with Makesi IoT Technology (Shanghai) Co., Ltd.
CY2021Q2	ccnc	Bonus Shares BonusShares	925494	shares
	ccnc	Wuge Digital Door Signs WugeDigitalDoorSigns	199342	usd
CY2021Q2	ccnc	Bonus Shares Value Per Share BonusSharesValuePerShare	2.51
	ccnc	Disposal Group Not Discontinued Operation Cost Of Revenues Abstract Fuel Materials DisposalGroupNotDiscontinuedOperationCostOfRevenuesAbstractFuelMaterials	4690388	usd
CY2021Q3	us-gaap	Significant Purchase Commitment Description SignificantPurchaseCommitmentDescription	On July 28, 2021, the Company entered into an asset purchase agreement with certain seller(the “Seller”) pursuant to which the Company agreed to purchase from the Seller digital currency mining machines for a total purchase price of RMB 106,388,672.43, or US$ 16,442,109.95 (based on the exchange rate between RMB and USD of 1: 6.4705 as of July 8, 2021), payable in the form of 7,647,493 shares of common stock of the Company(“CCNC Shares”). The CCNC Shares are valued at $2.15 per share. The Company plans to use the assets to further develop its digital currency mining operation.
	ccnc	Aggregate Of Shares Of Common Stock AggregateOfSharesOfCommonStock	9000000	shares
CY2022Q3	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	0.25
CY2022Q3	ccnc	Aftertax Net Income Percentage AftertaxNetIncomePercentage	1	pure
CY2021Q4	ccnc	Share Based Compensation Arrangement By Share Based Payment Award Warrant Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantOutstandingNumber	4539674	shares
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Files In Submission

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$GDC
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2022 Q4 Form 10-Q Financial Statement

#000121390022072275 Filed on November 14, 2022

Income Statement

Balance Sheet

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Facts In Submission

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$GDC GD Culture Group Ltd Stock $gdc

2022 Q4 Form 10-Q Financial Statement

#000121390022072275 Filed on November 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GDC
GD Culture Group Ltd Stock $gdc