2023 Q2 Form 10-Q Financial Statement
#000121390023038552 Filed on May 11, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $30.02M | $19.79M | $15.48M |
YoY Change | -5.56% | 27.83% | -36.05% |
Cost Of Revenue | $28.84M | $20.07M | $15.17M |
YoY Change | -7.43% | 32.28% | -32.21% |
Gross Profit | $1.180M | -$277.0K | $310.5K |
YoY Change | 86.09% | -189.22% | -83.04% |
Gross Profit Margin | 3.93% | -1.4% | 2.01% |
Selling, General & Admin | $1.323M | $2.495M | $3.301M |
YoY Change | -29.22% | -24.4% | 29.18% |
% of Gross Profit | 112.17% | 1063.26% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $3.464M | $3.686M | $3.773M |
YoY Change | -9.3% | -2.31% | -7.8% |
% of Gross Profit | 293.58% | 1215.41% | |
Operating Expenses | $1.323M | $2.495M | $3.301M |
YoY Change | -29.22% | -24.4% | 29.18% |
Operating Profit | -$518.7K | -$2.772M | -$2.990M |
YoY Change | -58.03% | -7.29% | 312.87% |
Interest Expense | $270.7K | $249.2K | $119.2K |
YoY Change | -61.65% | 108.98% | -103.05% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$902.2K | -$2.733M | -$2.837M |
YoY Change | 69.68% | -3.67% | -36.09% |
Income Tax | $351.3K | -$349.0K | |
% Of Pretax Income | |||
Net Earnings | -$1.253M | -$2.733M | -$2.488M |
YoY Change | 335.38% | 9.84% | -42.65% |
Net Earnings / Revenue | -4.18% | -13.81% | -16.07% |
Basic Earnings Per Share | -$0.12 | -$0.27 | -$0.25 |
Diluted Earnings Per Share | -$0.12 | -$0.27 | -$251.2K |
COMMON SHARES | |||
Basic Shares Outstanding | 10.07M shares | 10.07M shares | 9.916M shares |
Diluted Shares Outstanding | 10.07M shares | 10.07M shares | 9.916M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $11.98M | $16.75M | $15.36M |
YoY Change | -16.48% | 9.07% | -58.98% |
Cash & Equivalents | $11.98M | $16.75M | $15.36M |
Short-Term Investments | |||
Other Short-Term Assets | $19.26M | $18.73M | $8.290M |
YoY Change | 116.52% | 125.99% | 80.68% |
Inventory | $6.569M | $5.970M | $4.355M |
Prepaid Expenses | $763.00 | $27.83K | |
Receivables | $2.417M | $2.232M | $4.985M |
Other Receivables | $7.459M | $7.795M | $15.63M |
Total Short-Term Assets | $47.69M | $51.48M | $48.62M |
YoY Change | -1.56% | 5.9% | -20.49% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $142.0M | $149.8M | $176.3M |
YoY Change | -13.02% | -15.03% | 23.79% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $2.669M | $881.9K | $11.67M |
YoY Change | -76.79% | -92.44% | -66.85% |
Total Long-Term Assets | $149.1M | $155.4M | $190.4M |
YoY Change | -15.8% | -18.4% | 5.69% |
TOTAL ASSETS | |||
Total Short-Term Assets | $47.69M | $51.48M | $48.62M |
Total Long-Term Assets | $149.1M | $155.4M | $190.4M |
Total Assets | $196.7M | $206.8M | $239.0M |
YoY Change | -12.74% | -13.46% | -0.94% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $127.5K | $72.62K | |
YoY Change | 645.87% | -96.92% | |
Accrued Expenses | $586.5K | $616.7K | $2.422M |
YoY Change | -75.45% | -74.54% | 36.95% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $5.742M | $5.674M | $5.984M |
YoY Change | -3.64% | -5.19% | -6.35% |
Long-Term Debt Due | $3.762M | $5.265M | $7.096M |
YoY Change | -18.84% | -25.8% | 37.8% |
Total Short-Term Liabilities | $17.30M | $18.13M | $19.94M |
YoY Change | -0.17% | -9.07% | -1.35% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $7.437M | $7.102M | $3.077M |
YoY Change | 50.63% | 130.78% | -36.77% |
Other Long-Term Liabilities | $1.227M | $524.5K | $1.808M |
YoY Change | 50.04% | -70.99% | -84.84% |
Total Long-Term Liabilities | $8.664M | $7.626M | $4.885M |
YoY Change | 50.55% | 56.1% | -70.91% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $17.30M | $18.13M | $19.94M |
Total Long-Term Liabilities | $8.664M | $7.626M | $4.885M |
Total Liabilities | $25.97M | $25.76M | $24.82M |
YoY Change | 12.48% | 3.76% | -32.92% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | $10.07K | $10.07K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $170.8M | $181.1M | $214.2M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $196.7M | $206.8M | $239.0M |
YoY Change | -12.74% | -13.46% | -0.94% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.253M | -$2.733M | -$2.488M |
YoY Change | 335.38% | 9.84% | -42.65% |
Depreciation, Depletion And Amortization | $3.464M | $3.686M | $3.773M |
YoY Change | -9.3% | -2.31% | -7.8% |
Cash From Operating Activities | $936.8K | $4.810M | $4.411M |
YoY Change | -302.93% | 9.03% | -153.28% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $5.271M | $295.0K | -$368.5K |
YoY Change | -1783.17% | -180.06% | 726.23% |
Acquisitions | $6.807M | ||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | -$6.807M |
YoY Change | -100.0% | -100.0% | |
Cash From Investing Activities | -$5.271M | -$295.0K | -$7.176M |
YoY Change | 3453.11% | -95.89% | 15989.62% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 259.0K | $2.565M | 6.893M |
YoY Change | -218.07% | -62.8% | -83.51% |
NET CHANGE | |||
Cash From Operating Activities | 936.8K | $4.810M | 4.411M |
Cash From Investing Activities | -5.271M | -$295.0K | -7.176M |
Cash From Financing Activities | 259.0K | $2.565M | 6.893M |
Net Change In Cash | -4.075M | $7.226M | 4.129M |
YoY Change | 391.37% | 75.02% | -87.66% |
FREE CASH FLOW | |||
Cash From Operating Activities | $936.8K | $4.810M | $4.411M |
Capital Expenditures | $5.271M | $295.0K | -$368.5K |
Free Cash Flow | -$4.334M | $4.515M | $4.780M |
YoY Change | 2818.45% | -5.54% | -158.04% |
Facts In Submission
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|
-2488214 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
2502756 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
926138 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-230409 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1562076 | usd |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.27 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.25 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10065920 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9915920 | shares |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2733165 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2488214 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3686243 | usd |
CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3773236 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
152097 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
386588 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12926 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-246386 | usd |
CY2022Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4211 | usd |
CY2022Q1 | us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
34001 | usd |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-348989 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1988921 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
98921 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-9461336 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-3056189 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3062782 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1515515 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-5101 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
62315 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-128625 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
126986 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-14181 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
263712 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
483666 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-424198 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-1112820 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4809928 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4411418 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
295018 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
368504 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
6807468 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-295018 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-7175972 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
2623410 | usd |
CY2023Q1 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
2915 | usd |
CY2023Q1 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
55849 | usd |
CY2022Q1 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
51708 | usd |
CY2022Q1 | itp |
Loan To A Related Partynet
LoanToARelatedPartynet
|
6945022 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2564646 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6893314 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
146516 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28071 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
7226072 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
4156831 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9524868 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11201612 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16750940 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
15358443 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
84040 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
85094 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
424198 | usd |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1112820 | usd |
CY2023Q1 | itp |
Cash And Bank Balances
CashAndBankBalances
|
16750940 | usd |
CY2022Q1 | itp |
Cash And Bank Balances
CashAndBankBalances
|
15358443 | usd |
CY2023Q1 | itp |
Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
|
16750940 | usd |
CY2022Q1 | itp |
Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
|
15358443 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
215749908 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
926138 | usd |
CY2023Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
886995 | usd |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
424546 | usd |
CY2023Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
18734461 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
27207127 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2488214 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
214187832 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
181323892 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
|
2502756 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2733165 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
181093483 | usd |
CY2022Q2 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0.001 | |
CY2023Q1 | us-gaap |
Variable Interest Entity Ownership Percentage
VariableInterestEntityOwnershipPercentage
|
1 | pure |
CY2010Q2 | us-gaap |
Capital
Capital
|
60000000 | usd |
CY2023Q1 | itp |
Exercise Price Per Share
ExercisePricePerShare
|
1 | |
CY2010Q4 | itp |
Percentage Share Of Distributable Profit
PercentageShareOfDistributableProfit
|
1 | pure |
CY2022Q1 | itp |
Percentage Of Revenue
PercentageOfRevenue
|
0.9963 | pure |
CY2023Q1 | us-gaap |
Share Price
SharePrice
|
0.001 | |
CY2023Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
290147294 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
286406838 | usd |
CY2023Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
140324411 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
134836940 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
149822883 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
151569898 | usd |
CY2023Q1 | us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
usd | |
CY2023Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
4942325 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1471436 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
150075 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
132810 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
877204 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1268376 | usd |
CY2023Q1 | us-gaap |
Inventory Gross
InventoryGross
|
5969604 | usd |
CY2022Q4 | us-gaap |
Inventory Gross
InventoryGross
|
2872622 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
5969604 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
2872622 | usd |
CY2023Q1 | itp |
Prepaid Land Lease
PrepaidLandLease
|
174629 | usd |
CY2022Q4 | itp |
Prepaid Land Lease
PrepaidLandLease
|
172300 | usd |
CY2023Q1 | itp |
Prepayment For Purchase Of Materials
PrepaymentForPurchaseOfMaterials
|
3557460 | usd |
CY2022Q4 | itp |
Prepayment For Purchase Of Materials
PrepaymentForPurchaseOfMaterials
|
12941951 | usd |
CY2023Q1 | us-gaap |
Value Added Tax Receivable
ValueAddedTaxReceivable
|
14087543 | usd |
CY2022Q4 | us-gaap |
Value Added Tax Receivable
ValueAddedTaxReceivable
|
13640868 | usd |
CY2023Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
27834 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
27462 | usd |
CY2023Q1 | itp |
Sale Leaseback Transaction Lease Period
SaleLeasebackTransactionLeasePeriod
|
As of March 31, 2023 and December 31, 2022, land use rights represented twenty three parcels of state-owned lands located in Xushui District and Wei County of Hebei Province in China, with lease terms of 50 years expiring in 2061 and 2068, respectively. | |
CY2023Q1 | itp |
Pledged Asset Not Separately Reported Other Financial Instruments
PledgedAssetNotSeparatelyReportedOtherFinancialInstruments
|
93136 | usd |
CY2023Q1 | itp |
Property Plant And Equipment Loan Drawn From Banking Facility
PropertyPlantAndEquipmentLoanDrawnFromBankingFacility
|
4334537 | usd |
CY2022Q4 | itp |
Property Plant And Equipment Loan Drawn From Banking Facility
PropertyPlantAndEquipmentLoanDrawnFromBankingFacility
|
4301204 | usd |
CY2023Q1 | itp |
Value Of Land Use Right Pledged For Sale Lease Back Financing
ValueOfLandUseRightPledgedForSaleLeaseBackFinancing
|
3976123 | usd |
CY2022Q4 | itp |
Value Of Land Use Right Pledged For Sale Lease Back Financing
ValueOfLandUseRightPledgedForSaleLeaseBackFinancing
|
3948953 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
5396364 | usd |
CY2023Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
3686243 | usd |
CY2022Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
3773236 | usd |
CY2020Q3 | us-gaap |
Net Investment In Lease Sale
NetInvestmentInLeaseSale
|
16000000 | usd |
CY2023Q1 | us-gaap |
Derivative Fixed Interest Rate
DerivativeFixedInterestRate
|
0.156 | pure |
CY2020Q3 | itp |
Inception Of Lease
InceptionOfLease
|
567099 | usd |
CY2023Q1 | itp |
Lease Liability
LeaseLiability
|
77789 | usd |
CY2022Q4 | itp |
Lease Liability
LeaseLiability
|
131772 | usd |
CY2023Q1 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
77789 | usd |
CY2022Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
131772 | usd |
CY2023Q1 | itp |
Amortization Of Lease Asset
AmortizationOfLeaseAsset
|
38865 | usd |
CY2022Q1 | itp |
Amortization Of Lease Asset
AmortizationOfLeaseAsset
|
42006 | usd |
CY2023Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
4490 | usd |
CY2022Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
13507 | usd |
CY2023Q1 | itp |
Deferred Gain Amount
DeferredGainAmount
|
430695 | usd |
CY2023Q1 | itp |
Minimum Leases Payments Sale Leaseback Transactions Next Rolling Twelve Months
MinimumLeasesPaymentsSaleLeasebackTransactionsNextRollingTwelveMonths
|
80329 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2540 | usd |
CY2023Q1 | itp |
Lease Payment Gross
LeasePaymentGross
|
77789 | usd |
CY2023Q1 | itp |
Less Current Portion Lease Liability
LessCurrentPortionLeaseLiability
|
77789 | usd |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
36381 | cny |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
36381 | cny |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
608465 | usd |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y4M24D | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0756 | pure |
CY2023Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
5673996 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
5598311 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.0472 | pure |
CY2022 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.0479 | pure |
CY2023Q1 | us-gaap |
Longterm Construction Loan Current And Noncurrent
LongtermConstructionLoanCurrentAndNoncurrent
|
11778745 | usd |
CY2022Q4 | us-gaap |
Longterm Construction Loan Current And Noncurrent
LongtermConstructionLoanCurrentAndNoncurrent
|
9040002 | usd |
CY2023Q1 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
11778745 | usd |
CY2022Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
9040002 | usd |
CY2023Q1 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
5265073 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
4835884 | usd |
CY2023Q1 | us-gaap |
Other Loans Payable Long Term
OtherLoansPayableLongTerm
|
6513672 | usd |
CY2022Q4 | us-gaap |
Other Loans Payable Long Term
OtherLoansPayableLongTerm
|
4204118 | usd |
CY2023Q1 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
3327926 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
3294940 | usd |
CY2023Q1 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
17325 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
5265073 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
6487478 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
26194 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
11778745 | usd |
CY2003Q1 | itp |
Lease Term
LeaseTerm
|
P2Y | |
CY2023Q1 | us-gaap |
Loans Payable To Bank Current
LoansPayableToBankCurrent
|
2255628 | usd |
CY2015Q4 | itp |
Proceeds From Payments To Loan
ProceedsFromPaymentsToLoan
|
2249279 | usd |
CY2014Q4 | itp |
Due Date
DueDate
|
2017-12-10 | |
CY2018Q1 | itp |
Proceeds From Payments To Loan
ProceedsFromPaymentsToLoan
|
20400 | usd |
CY2023Q1 | itp |
Loan Due Description
LoanDueDescription
|
Mr. Zhenyong Liu agreed to extend the loan for additional 3 years and the remaining balance was due on July 12, 2021. | |
CY2019Q4 | itp |
Proceeds From Payments To Loan
ProceedsFromPaymentsToLoan
|
94636 | usd |
CY2023Q1 | us-gaap |
Long Term Loans From Bank
LongTermLoansFromBank
|
200006 | usd |
CY2022Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
7276220 | usd |
CY2022Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
7276220 | usd |
CY2022Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
50000000 | cny |
CY2022Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
50000000 | cny |
CY2023Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
131553 | usd |
CY2023Q1 | us-gaap |
Accrued Utilities Current
AccruedUtilitiesCurrent
|
131800 | usd |
CY2022Q4 | us-gaap |
Accrued Utilities Current
AccruedUtilitiesCurrent
|
3036 | usd |
CY2023Q1 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
93793 | usd |
CY2022Q4 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
56646 | usd |
CY2023Q1 | itp |
Value Added Taxes Payable Current
ValueAddedTaxesPayableCurrent
|
717 | usd |
CY2022Q4 | itp |
Value Added Taxes Payable Current
ValueAddedTaxesPayableCurrent
|
69053 | usd |
CY2023Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
616691 | usd |
CY2022Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
19524 | usd |
CY2023Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1781801 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1595354 | usd |
CY2023Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
23851 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
18540 | usd |
CY2023Q1 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
5993904 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
5665558 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
646283 | usd |
CY2023Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-152097 | usd |
CY2023Q1 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
494186 | usd |
CY2021Q1 | itp |
Aggregate Shares
AggregateShares
|
2618182 | shares |
CY2021Q1 | itp |
Common Stock Issued To Purchase Of Warrants
CommonStockIssuedToPurchaseOfWarrants
|
2618182 | shares |
CY2021Q1 | us-gaap |
Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
|
2618182 | shares |
CY2021Q1 | itp |
Gross Proceeds
GrossProceeds
|
14400000 | |
CY2023Q1 | itp |
Corresponding Price Per Share
CorrespondingPricePerShare
|
5.5 | |
CY2023Q1 | itp |
Exercise Price Per Warrant1
ExercisePricePerWarrant1
|
5.5 | |
CY2021Q1 | itp |
Aggregate Shares Of Common Stock
AggregateSharesOfCommonStock
|
2927786 | shares |
CY2021Q1 | itp |
Warrants To Purchase Shares
WarrantsToPurchaseShares
|
1463893 | shares |
CY2021Q1 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
1463893 | shares |
CY2021Q1 | itp |
Public Offering For Gross Proceeds
PublicOfferingForGrossProceeds
|
21900000 | usd |
CY2023Q1 | itp |
Warrant Price Per Share
WarrantPricePerShare
|
7.5 | |
CY2023Q1 | us-gaap |
Warrant Exercise Price Increase
WarrantExercisePriceIncrease
|
7.5 | |
CY2022Q2 | itp |
Stock Issued During Period Price Per Share Reverse Stock Splits
StockIssuedDuringPeriodPricePerShareReverseStockSplits
|
0.001 | |
CY2022Q3 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
150000 | shares |
CY2022Q3 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
156000 | usd |
CY2020Q2 | itp |
Warrant Term Description
WarrantTermDescription
|
These warrants become exercisable on July 23, 2020 and have a term of exercise equal to five years and six months from the date of issuance till July 23, 2025. 88,000 May 2020 Warrants were exercised in February 2021 at the exercise price of $7.425 per share and 352,000 May 2020 Warrants were outstanding as of March 31, 2023. | |
CY2021Q1 | itp |
Common Stock Issued To Purchase Stock
CommonStockIssuedToPurchaseStock
|
2618182 | shares |
CY2021Q1 | itp |
Warrant Term Description
WarrantTermDescription
|
The January 2021 Warrants became exercisable on January 20, 2021 at an exercise price of $5.5 and will expire on January 20, 2026. 1,410,690 January 2021 Warrants were exercised in January and February of 2021 at the exercise price of $5.5 per share. 1,207,492 January 2021 Warrants were outstanding as of March 31, 2023. | |
CY2021Q1 | itp |
Common Stock Issued To Purchase Stock
CommonStockIssuedToPurchaseStock
|
1463893 | shares |
CY2021Q1 | itp |
Warrant Term Description
WarrantTermDescription
|
The March 2021 Warrants became exercisable on March 1, 2021 at an exercise price of $7.5 and will expire on March 1, 2026. 6,750 March 2021 Warrants were exercised in January and March 2021 at the exercise price of $7.5 per share and 1,457,143 March 2021 Warrants were outstanding as of March 31, 2023. | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3016635 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.6907 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3016635 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.6907 | |
CY2023Q1 | itp |
Schedule Of Outstanding And Exercisable Warrants
ScheduleOfOutstandingAndExercisableWarrants
|
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td colspan="5" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Warrants Outstanding</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="3" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Warrants Exercisable</td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Weighted Average</td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Remaining</td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center">Number of</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Contractual life</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Weighted Average</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Number of</td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center">Weighted Average</td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Shares</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">(in years)</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Exercise Price</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Shares</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Exercise Price</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 20%; text-align: center">3,016,635</td><td style="text-align: center; width: 1%"> </td> <td style="width: 19%; text-align: center">2.84</td><td style="text-align: center; width: 1%"> </td> <td style="width: 19%; text-align: center">$6.6907</td><td style="text-align: center; width: 1%"> </td> <td style="width: 19%; text-align: center">3,016,635</td><td style="text-align: center; width: 1%"> </td> <td style="width: 19%; text-align: center">$6.6907</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2733165 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2488214 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
10065920 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
9915920 | shares |
CY2023Q1 | itp |
Net Incomeloss Per Share
NetIncomelossPerShare
|
-0.27 | |
CY2022Q1 | itp |
Net Incomeloss Per Share
NetIncomelossPerShare
|
-0.25 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2733165 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2488214 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
10065920 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
9915920 | shares |
CY2023Q1 | us-gaap |
Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
|
10065920 | shares |
CY2022Q1 | us-gaap |
Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
|
9915920 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted Pro Forma Adjustment
EarningsPerShareDilutedProFormaAdjustment
|
-0.27 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted Pro Forma Adjustment
EarningsPerShareDilutedProFormaAdjustment
|
-0.25 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2022Q1 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-348989 | usd |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-348989 | usd |
CY2022 | itp |
Description Of Carry Forwards Expire
DescriptionOfCarryForwardsExpire
|
These carry forwards would expire, if not utilized, during the period of 2030 through 2035. | |
CY2023Q1 | itp |
Deferred Tax Assets Valuation Allowance Percentage
DeferredTaxAssetsValuationAllowancePercentage
|
1 | pure |
CY2023Q1 | itp |
Deferred Tax Assets Depreciation Of Amortization Property Plant And Equipment Current
DeferredTaxAssetsDepreciationOfAmortizationPropertyPlantAndEquipmentCurrent
|
15688773 | usd |
CY2022Q4 | itp |
Deferred Tax Assets Depreciation Of Amortization Property Plant And Equipment Current
DeferredTaxAssetsDepreciationOfAmortizationPropertyPlantAndEquipmentCurrent
|
15474485 | usd |
CY2023Q1 | itp |
Deferred Tax Assets Impairment Of Amortization Property Plant And Equipment Current
DeferredTaxAssetsImpairmentOfAmortizationPropertyPlantAndEquipmentCurrent
|
818158 | usd |
CY2022Q4 | itp |
Deferred Tax Assets Impairment Of Amortization Property Plant And Equipment Current
DeferredTaxAssetsImpairmentOfAmortizationPropertyPlantAndEquipmentCurrent
|
796559 | usd |
CY2023Q1 | itp |
Deferred Tax Assets Miscellaneous Current
DeferredTaxAssetsMiscellaneousCurrent
|
585399 | usd |
CY2022Q4 | itp |
Deferred Tax Assets Miscellaneous Current
DeferredTaxAssetsMiscellaneousCurrent
|
615436 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
233286 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
213620 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
17325616 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
17100100 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
17325616 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
17100100 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q1 | itp |
Effect Of Different Tax Jurisdictionin Dollars
EffectOfDifferentTaxJurisdictioninDollars
|
0.25 | pure |
CY2022Q1 | itp |
Effect Of Different Tax Jurisdictionin Dollars
EffectOfDifferentTaxJurisdictioninDollars
|
0.25 | pure |
CY2023Q1 | itp |
Effect Of Expenses Not Deductible For Prc Tax Purposes
EffectOfExpensesNotDeductibleForPrcTaxPurposes
|
-0.167 | pure |
CY2022Q1 | itp |
Effect Of Expenses Not Deductible For Prc Tax Purposes
EffectOfExpensesNotDeductibleForPrcTaxPurposes
|
-0.127 | pure |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.083 | pure |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.123 | pure |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0 | pure |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.123 | pure |
CY2023Q1 | itp |
Income Tax Statute Of Limitations Period
IncomeTaxStatuteOfLimitationsPeriod
|
P5Y | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
150000 | shares |
CY2022Q3 | us-gaap |
Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
|
150000 | shares |
CY2022Q3 | us-gaap |
Equity Fair Value Disclosure
EquityFairValueDisclosure
|
156000 | usd |
CY2023Q1 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
145745 | usd |
CY2023Q1 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
1000000 | cny |
CY2013Q3 | itp |
Cash Prices Description
CashPricesDescription
|
the Company’s Audit Committee and the Board of Directors approved the sale of the land use right of the Headquarters Compound (the “LUR”), the office building and essentially all industrial-use buildings in the Headquarters Compound (the “Industrial Buildings”), and three employee dormitory buildings located within the Headquarters Compound (the “Dormitories”) to Hebei Fangsheng for cash prices of approximately $2.77 million, $1.15 million, and $4.31 million respectively | |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
145524 | usd |
CY2023Q1 | itp |
Commitments For Purchase Or Construction Of Capital Assets
CommitmentsForPurchaseOrConstructionOfCapitalAssets
|
5930832 | usd |
CY2022Q4 | itp |
Commitments For Purchase Or Construction Of Capital Assets
CommitmentsForPurchaseOrConstructionOfCapitalAssets
|
4329279 | usd |
CY2023Q1 | itp |
Performance Holdback On New Tissue Paper Payment Description
PerformanceHoldbackOnNewTissuePaperPaymentDescription
|
The Company expected to pay off all the balances within 1-3 years. | |
CY2023Q1 | itp |
Longterm Loan From Financial Institutions
LongtermLoanFromFinancialInstitutions
|
4511256 | usd |
CY2023Q1 | itp |
Longterm Loan From Financial Institutions
LongtermLoanFromFinancialInstitutions
|
31000000 | cny |
CY2023Q1 | itp |
Concentration Credit Risk Percentage
ConcentrationCreditRiskPercentage
|
0.14 | pure |
CY2015Q2 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
500000 | cny |
CY2015Q2 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
72762 | usd |
CY2023Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
14684586 | usd |
CY2023Q1 | us-gaap |
Deferred Costs
DeferredCosts
|
usd | |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
usd | |
CY2023Q1 | us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
usd | |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
usd | |
CY2023Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
usd | |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
usd | |
CY2022Q1 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
usd | |
CY2023Q1 | itp |
Loan To A Related Partynet
LoanToARelatedPartynet
|
usd | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
usd | |
CY2023Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
usd | |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
usd | |
CY2023Q1 | itp |
Prepayment For Purchases Of Equipment
PrepaymentForPurchasesOfEquipment
|
usd | |
CY2022Q4 | itp |
Prepayment For Purchases Of Equipment
PrepaymentForPurchasesOfEquipment
|
usd | |
CY2023Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
usd | |
CY2023Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
cny | |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
cny | |
CY2023Q1 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
usd | |
CY2022Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
usd | |
CY2023Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
usd | |
CY2022Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
usd | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
pure | |
CY2023Q1 | itp |
Addition Of New Derivatives Recognized As Warrant
AdditionOfNewDerivativesRecognizedAsWarrant
|
usd | |
CY2023Q1 | us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
usd | |
CY2023Q1 | itp |
Exercise Of Warrant
ExerciseOfWarrant
|
usd | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
shares | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
shares | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
||
CY2023Q1 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
usd | |
CY2022Q1 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
usd | |
CY2023Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
usd | |
CY2022Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
usd | |
CY2023Q1 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
usd | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
CY2023Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2023Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001358190 |