2024 Q3 Form 10-K Financial Statement
#000121390024083350 Filed on September 30, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
Revenue | $4.082M | $4.790M | $18.32M |
YoY Change | -1.61% | 42.28% | |
Cost Of Revenue | $3.559M | $3.761M | $14.60M |
YoY Change | 1.66% | 41.62% | |
Gross Profit | $522.5K | $1.028M | $3.716M |
YoY Change | -19.3% | 44.91% | |
Gross Profit Margin | 12.8% | 21.47% | 20.29% |
Selling, General & Admin | $1.763M | $1.343M | $4.141M |
YoY Change | 71.73% | ||
% of Gross Profit | 337.46% | 130.63% | 111.43% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $18.00K | $44.32K | $71.98K |
YoY Change | 0.0% | -44.95% | |
% of Gross Profit | 3.44% | 4.31% | 1.94% |
Operating Expenses | $1.850M | $1.343M | $4.242M |
YoY Change | 88.58% | 83.05% | |
Operating Profit | -$1.328M | -$315.0K | -$526.0K |
YoY Change | 298.04% | -313.06% | |
Interest Expense | -$28.11K | -$28.61K | -$181.2K |
YoY Change | 46.57% | ||
% of Operating Profit | |||
Other Income/Expense, Net | $81.68K | $147.6K | $230.4K |
YoY Change | 238.02% | -69.76% | |
Pretax Income | -$1.246M | -$196.1K | -$295.6K |
YoY Change | 302.73% | -129.3% | |
Income Tax | $89.58K | -$198.1K | -$67.34K |
% Of Pretax Income | |||
Net Earnings | -$1.335M | $2.020K | -$225.3K |
YoY Change | 338.9% | -122.9% | |
Net Earnings / Revenue | -32.72% | 0.04% | -1.23% |
Basic Earnings Per Share | -$0.18 | -$0.04 | |
Diluted Earnings Per Share | -$0.18 | $0.00 | -$0.04 |
COMMON SHARES | |||
Basic Shares Outstanding | 7.500M shares | 6.000M shares | |
Diluted Shares Outstanding | 7.500M shares | 6.000M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $123.6K | $123.6K | |
YoY Change | -29.0% | ||
Cash & Equivalents | $2.739M | $123.6K | |
Short-Term Investments | |||
Other Short-Term Assets | $645.3K | $441.3K | $0.00 |
YoY Change | 1190.64% | -40.86% | -100.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $2.975M | $2.975M | |
Other Receivables | $441.3K | $441.3K | |
Total Short-Term Assets | $5.831M | $3.540M | $3.540M |
YoY Change | 129.41% | 45.32% | 45.32% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $314.5K | $344.9K | $3.854M |
YoY Change | -87.74% | -29.55% | 37.19% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $15.74K | $15.74K | $15.74K |
YoY Change | 0.01% | ||
Other Assets | $1.785M | $1.785M | |
YoY Change | 685.04% | ||
Total Long-Term Assets | $4.979M | $5.654M | $5.654M |
YoY Change | 63.89% | 86.22% | 86.22% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.831M | $3.540M | $3.540M |
Total Long-Term Assets | $4.979M | $5.654M | $5.654M |
Total Assets | $10.81M | $9.194M | $9.194M |
YoY Change | 93.74% | 68.02% | 68.02% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.390M | $1.390M | |
YoY Change | 67.9% | ||
Accrued Expenses | $324.2K | $435.0K | $2.523M |
YoY Change | -71.63% | 288.26% | 133.07% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $784.6K | $784.6K | |
YoY Change | 24.62% | ||
Total Short-Term Liabilities | $4.427M | $5.894M | $5.894M |
YoY Change | 31.43% | 112.44% | 112.43% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $153.8K | $153.8K | |
YoY Change | -39.3% | ||
Other Long-Term Liabilities | $2.506M | $2.506M | |
YoY Change | 60.19% | ||
Total Long-Term Liabilities | $2.765M | $2.660M | $2.660M |
YoY Change | 69.83% | 44.36% | 46.32% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.427M | $5.894M | $5.894M |
Total Long-Term Liabilities | $2.765M | $2.660M | $2.660M |
Total Liabilities | $7.192M | $8.554M | $8.554M |
YoY Change | 43.29% | 85.26% | 85.55% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.341M | -$5.819K | |
YoY Change | -100.68% | ||
Common Stock | $4.944M | $600.00 | |
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $3.618M | $639.8K | $639.8K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $10.81M | $9.194M | $9.194M |
YoY Change | 93.74% | 68.02% | 68.02% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.335M | $2.020K | -$225.3K |
YoY Change | 338.9% | -122.9% | |
Depreciation, Depletion And Amortization | $18.00K | $44.32K | $71.98K |
YoY Change | 0.0% | -44.95% | |
Cash From Operating Activities | -$1.403M | -$215.3K | -$53.64K |
YoY Change | -3575.94% | -236.48% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $5.772K | $0.00 | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$32.51K | $0.00 | -$78.80K |
YoY Change | |||
Cash From Investing Activities | -$38.28K | $0.00 | -$78.80K |
YoY Change | -51.42% | 330.88% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $237.3K | ||
YoY Change | -476.59% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $4.044M | 146.7K | $78.76K |
YoY Change | 5958.12% | -131.12% | |
NET CHANGE | |||
Cash From Operating Activities | -$1.403M | -215.3K | -$53.64K |
Cash From Investing Activities | -$38.28K | 0.000 | -$78.80K |
Cash From Financing Activities | $4.044M | 146.7K | $78.76K |
Net Change In Cash | $2.616M | -68.56K | -$50.47K |
YoY Change | 8194.94% | -74.7% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.403M | -$215.3K | -$53.64K |
Capital Expenditures | $5.772K | $0.00 | |
Free Cash Flow | -$1.409M | -$215.3K | -$53.64K |
YoY Change | -3590.24% | -355.25% |
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CY2023 | us-gaap |
Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
|
-39872 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-225252 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
983602 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
3122 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-255 | usd |
CY2024 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-225155 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
943475 | usd |
CY2024 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-3119 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-39883 | usd |
CY2024 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-222036 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
983358 | usd |
CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.16 | |
CY2024 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6000000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6000000 | shares |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
78470 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
943730 | usd |
CY2023 | us-gaap |
Dividends Stock
DividendsStock
|
200000 | usd |
CY2023 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
32815 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-255 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
854760 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
-228277 | usd |
CY2024 | lsh |
Deconsolidation Of A Subsidiary
DeconsolidationOfASubsidiary
|
10187 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
3122 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
639792 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
-228277 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
943730 | usd |
CY2024 | us-gaap |
Depreciation
Depreciation
|
71980 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
130755 | usd |
CY2024 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
72657 | usd |
CY2024 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1005686 | usd |
CY2023 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
826284 | usd |
CY2024 | lsh |
Depreciation Of Rightofuse Finance Assets
DepreciationOfRightofuseFinanceAssets
|
30712 | usd |
CY2023 | lsh |
Depreciation Of Rightofuse Finance Assets
DepreciationOfRightofuseFinanceAssets
|
31780 | usd |
CY2024 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
28157 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-93742 | usd |
CY2024 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-114333 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
32239 | usd |
CY2024 | lsh |
Loss From Derecognition Of Shares In Subsidiary
LossFromDerecognitionOfSharesInSubsidiary
|
73151 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
722522 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
506152 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
732769 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
28887 | usd |
CY2024 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
84766 | usd |
CY2023 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
-54441 | usd |
CY2024 | lsh |
Increase Decrease In Due To Shareholder
IncreaseDecreaseInDueToShareholder
|
328820 | usd |
CY2023 | lsh |
Increase Decrease In Due To Shareholder
IncreaseDecreaseInDueToShareholder
|
-579496 | usd |
CY2024 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
12377 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-18672 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
699644 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
54410 | usd |
CY2024 | lsh |
Increase Decrease In Accounts Payables Related Parties
IncreaseDecreaseInAccountsPayablesRelatedParties
|
-137691 | usd |
CY2023 | lsh |
Increase Decrease In Accounts Payables Related Parties
IncreaseDecreaseInAccountsPayablesRelatedParties
|
-101896 | usd |
CY2024 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
468284 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
57701 | usd |
CY2024 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
46996 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
32829 | usd |
CY2024 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-846992 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-833365 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-53640 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
39303 | usd |
CY2024 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
29906 | usd |
CY2024 | us-gaap |
Cash Divested From Deconsolidation
CashDivestedFromDeconsolidation
|
48893 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18288 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-78799 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-18288 | usd |
CY2024 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
400000 | usd |
CY2024 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
214986 | usd |
CY2023 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
100864 | usd |
CY2024 | lsh |
Repayment Of Equipment And Vehicle Loans
RepaymentOfEquipmentAndVehicleLoans
|
119964 | usd |
CY2023 | lsh |
Repayment Of Equipment And Vehicle Loans
RepaymentOfEquipmentAndVehicleLoans
|
104598 | usd |
CY2024 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
29628 | usd |
CY2023 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
20640 | usd |
CY2024 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
170000 | usd |
CY2023 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
90000 | usd |
CY2024 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
23969 | usd |
CY2024 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
237302 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
110550 | usd |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
47536 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
78755 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-253088 | usd |
CY2024 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3216 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
32560 | usd |
CY2024 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-50468 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-199513 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
174018 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
373531 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
123550 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
174018 | usd |
CY2024 | us-gaap |
Interest Paid Net
InterestPaidNet
|
31161 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
26474 | usd |
CY2024 | lsh |
Deferred Offering Costs Within Due To Shareholders
DeferredOfferingCostsWithinDueToShareholders
|
860979 | usd |
CY2023 | lsh |
Deferred Offering Costs Within Due To Shareholders
DeferredOfferingCostsWithinDueToShareholders
|
90000 | usd |
CY2024 | lsh |
Deferred Offering Costs Within Accrued Expense And Other Payables
DeferredOfferingCostsWithinAccruedExpenseAndOtherPayables
|
541819 | usd |
CY2023 | us-gaap |
Dividends
Dividends
|
200000 | usd |
CY2023 | lsh |
Dividends Declared And Offset Against Due From Shareholders
DividendsDeclaredAndOffsetAgainstDueFromShareholders
|
101150 | usd |
CY2023 | us-gaap |
Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
|
98245 | usd |
CY2024 | lsh |
Right Of Use Assets Obtained In Exchange For Operating Lease Obligations
RightOfUseAssetsObtainedInExchangeForOperatingLeaseObligations
|
2094498 | usd |
CY2023 | lsh |
Right Of Use Assets Obtained In Exchange For Operating Lease Obligations
RightOfUseAssetsObtainedInExchangeForOperatingLeaseObligations
|
124600 | usd |
CY2024 | lsh |
Right Of Use Assets Obtained In Exchange For Finance Lease Obligation
RightOfUseAssetsObtainedInExchangeForFinanceLeaseObligation
|
19982 | usd |
CY2023 | lsh |
Right Of Use Assets Obtained In Exchange For Finance Lease Obligation
RightOfUseAssetsObtainedInExchangeForFinanceLeaseObligation
|
32107 | usd |
CY2024 | lsh |
Working Capital Net
WorkingCapitalNet
|
29812 | usd |
CY2024 | lsh |
Investment In Other Entity Recognized
InvestmentInOtherEntityRecognized
|
-15741 | usd |
CY2024 | lsh |
Elimination Of N Cl At Deconsolidation Of A Subsidiary
EliminationOfNClAtDeconsolidationOfASubsidiary
|
10187 | usd |
CY2024 | lsh |
Loss From Deconsolidation Of A Subsidiaryss
LossFromDeconsolidationOfASubsidiaryss
|
-73151 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
48893 | usd |
CY2023Q3 | us-gaap |
Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
|
1000 | usd |
CY2024Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
600 | usd |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
6000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q3 | us-gaap |
Capital Units
CapitalUnits
|
500000 | cny |
CY2022Q3 | us-gaap |
Capital Units
CapitalUnits
|
70000.00 | usd |
CY2023Q2 | us-gaap |
Capital Units
CapitalUnits
|
3000000 | cny |
CY2023Q2 | us-gaap |
Capital Units
CapitalUnits
|
410000 | usd |
CY2023Q3 | us-gaap |
Capital Units
CapitalUnits
|
5000000 | cny |
CY2023Q3 | us-gaap |
Capital Units
CapitalUnits
|
700000 | usd |
CY2024Q1 | us-gaap |
Capital Units
CapitalUnits
|
750000 | cny |
CY2024Q1 | us-gaap |
Capital Units
CapitalUnits
|
105000 | usd |
CY2024 | us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
-73151 | usd |
CY2024Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
15741 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
48893 | usd |
CY2024Q2 | lsh |
Working Capital Excluding Cash Net
WorkingCapitalExcludingCashNet
|
29812 | usd |
CY2024Q2 | us-gaap |
Assets Net
AssetsNet
|
78705 | usd |
CY2024Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
15741 | usd |
CY2024Q2 | us-gaap |
Other Minority Interests
OtherMinorityInterests
|
-10187 | usd |
CY2024 | us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
-73151 | usd |
CY2023 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
24172 | usd |
CY2024 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="text-decoration:underline">Use of estimates and assumptions</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in">In preparing the consolidated financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant accounting estimates required to be made by management include allowance for credit losses, the percentage of performance obligation completed at the reporting period. The Company evaluates its estimates and assumptions on an ongoing basis and its estimates on historical experience, current and expected future conditions and various other assumptions that management believes are reasonable under the circumstances based on the information available to management at the time these estimates and assumptions are made. Actual results and outcomes may differ significantly from these estimates and assumptions.</p> | |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
54066 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
25909 | usd |
CY2024 | lsh |
Schedule Of Property Plant And Equipment Text Estimated Useful Life Block
ScheduleOfPropertyPlantAndEquipmentTextEstimatedUsefulLifeBlock
|
The straight-line depreciation method is used to compute depreciation over the estimated useful lives of the assets, as follows:<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt"> </td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Useful life</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 69%; text-align: left">Furniture and fixtures</td><td style="width: 2%"> </td> <td style="width: 29%; text-align: center">7 years</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Machinery equipment</td><td> </td> <td style="text-align: center">5 years</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Vehicles</td><td> </td> <td style="text-align: center">5 years</td></tr> <tr style="vertical-align: bottom; "> <td style="vertical-align: top; text-align: left">Leasehold improvement</td><td> </td> <td style="text-align: center">Lesser of the lease term or estimated useful lives of the assets</td></tr> </table> | |
CY2024 | us-gaap |
Revenues
Revenues
|
18315155 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
12872891 | usd |
CY2024 | us-gaap |
Revenues
Revenues
|
18315155 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
12872891 | usd |
CY2023Q2 | us-gaap |
Derivative Net Assets Percentage
DerivativeNetAssetsPercentage
|
1.895 | pure |
CY2023Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
44740 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
129506 | usd |
CY2024 | lsh |
Voluntary Contribution Percentage
VoluntaryContributionPercentage
|
1 | pure |
CY2024 | lsh |
Eligible Compensation Percentage
EligibleCompensationPercentage
|
0.05 | pure |
CY2024 | us-gaap |
Pension Contributions
PensionContributions
|
30616 | usd |
CY2023 | us-gaap |
Pension Contributions
PensionContributions
|
32896 | usd |
CY2024 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
327235 | usd |
CY2023 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
547002 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.015 | pure |
CY2024 | lsh |
Tax Benefits Percentage
TaxBenefitsPercentage
|
0.50 | pure |
CY2024 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="text-decoration:underline">Concentrations and risks</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0in"><i>a. Concentration of credit risk</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in">The Company estimates credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. Assets that potentially subject the Company to significant concentration of credit risk primarily consist of cash and cash equivalents, accounts receivable, contract assets, other receivable and amounts due from related parties. The Company has designed their credit policies with an objective to minimize their exposure to credit risk.</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in">The maximum exposure of such assets to credit risk is their carrying amounts at the balance sheet dates. The Company maintains majority of the bank accounts at financial institutions in the United States, where there is $250,000 standard deposit insurance coverage limit per depositor, per FDIC-insured bank and per ownership category. As of June 30, 2024 and 2023, the cash deposited of $123,550 and $174,018 is within the insurance coverage limit, respectively. To limit the exposure to credit risk relating to deposits, the Company primarily places cash deposits with large financial institutions in the United States.</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in">The Company has adopted a credit policy of dealing with creditworthy counterparties to mitigate the credit risk from defaults. The management team conducts credit evaluations of its customers, and generally does not require collateral or other security from them. The Company establishes an accounting policy to provide for allowance for credit loss based on the individual customer’s financial condition, credit history, and the future economic conditions. Due from related parties’ balances are monitored on an ongoing basis with the result that the Company’s exposure to impairment is not significant. As of June 30, 2024 and 2023, <span style="-sec-ix-hidden: hidden-fact-75"><span style="-sec-ix-hidden: hidden-fact-76">none</span></span> of the Company’s due from related parties are impaired.</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0in">b. Foreign exchange risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in">ABL Wuhan which ceased to be our subsidiary on August 4, 2023 has functional currency in RMB. The value of the Chinese Yuan against the U.S. dollar is affected by the changes in China and United States economic conditions. We do not believe that we currently have any significant direct foreign exchange risk and have not used any derivative financial instruments to hedge exposure to such risk. Also, by considering the volume of ABL Wuhan’s business, the impact of foreign exchange risk is limited.</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0in">c. Interest rate risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in">Interest rate risk is the risk that future cash flows will fluctuate as a result of changes in market interest rates. Our exposure to interest rate risk primarily relates to the interest rates from our lessors and our private lenders. The shareholder loans bear no interest. We have not been exposed to material risks due to the fact that our leasing obligations’ interest rates and private loan’s interest are fixed at commence date of the leases and loans and we have not used any derivative financial instruments to manage our interest risk exposure. However, we cannot provide assurance that we will not be exposed to material risks due to changes in market interest rate in the future.</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0in">d. Liquidity risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in">Liquidity risk arises through the excess of financial obligations over available financial assets due at any point in time. Our objective in managing liquidity risk is to maintain sufficient readily available reserves in order to meet our liquidity requirements at any point in time. The Company monitors and analyze its cash flow position, its ability to generate sufficient revenue sources in the future and its operating and capital expenditure commitments. The Company is historically funded the working capital needs primarily from operations, loans, as well as shareholder advances to the Company.</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0.5in"> </p> | |
CY2024Q2 | us-gaap |
Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
|
250000 | usd |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
123550 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
174018 | usd |
CY2024Q2 | us-gaap |
Loans Payable
LoansPayable
|
883337 | usd |
CY2023Q2 | us-gaap |
Loans Payable
LoansPayable
|
818287 | usd |
CY2024Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
746962 | usd |
CY2023Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
586688 | usd |
CY2024Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
136375 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
2800000 | usd |
CY2024Q2 | lsh |
Percentage Of Account Receivable
PercentageOfAccountReceivable
|
0.958 | pure |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
25909 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
150459 | usd |
CY2023 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
30808 | usd |
CY2024 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
28157 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-93742 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
54066 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
25909 | usd |
CY2024 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
28157 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-93742 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
737434 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
737434 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
392551 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
247914 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
344883 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
489520 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.085 | pure |
CY2024 | us-gaap |
Sales Type Lease Initial Direct Cost Expense Commencement
SalesTypeLeaseInitialDirectCostExpenseCommencement
|
2094498 | usd |
CY2024Q2 | us-gaap |
Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
|
0.085 | pure |
CY2024 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1005686 | usd |
CY2023 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
826284 | usd |
CY2024 | lsh |
Finance Lease Expenses
FinanceLeaseExpenses
|
32525 | usd |
CY2023 | lsh |
Finance Lease Expenses
FinanceLeaseExpenses
|
33756 | usd |
CY2024 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
30712 | usd |
CY2023 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
31780 | usd |
CY2024 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
846992 | usd |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
833365 | usd |
CY2024 | lsh |
Finance Leases Payments
FinanceLeasesPayments
|
1813 | usd |
CY2023 | lsh |
Finance Leases Payments
FinanceLeasesPayments
|
1976 | usd |
CY2024 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
29628 | usd |
CY2023 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
20640 | usd |
CY2024 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2094498 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
124600 | usd |
CY2024 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
19982 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
32107 | usd |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y18D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y6M18D | |
CY2024Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y3M21D | |
CY2023Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y7M17D | |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.063 | pure |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0342 | pure |
CY2024Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0651 | pure |
CY2023Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0411 | pure |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1391267 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1245608 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
529084 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
548629 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
521614 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
4236202 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
542991 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3693211 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
38961 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
14994 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
3154 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
57109 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
2030 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
55079 | usd |
CY2024Q2 | lsh |
Credit Card Payables
CreditCardPayables
|
235673 | usd |
CY2023Q2 | lsh |
Credit Card Payables
CreditCardPayables
|
141645 | usd |
CY2024Q2 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
120379 | usd |
CY2023Q2 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
58853 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
435019 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
112044 | usd |
CY2024Q2 | us-gaap |
Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
|
544733 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Other Current And Noncurrent
AccountsPayableOtherCurrentAndNoncurrent
|
13159 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
1335804 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
325701 | usd |
CY2023Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
231599 | usd |
CY2024 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
9168 | usd |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
11511 | usd |
CY2024Q2 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
652697 | usd |
CY2023Q2 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
467684 | usd |
CY2024 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
76967 | usd |
CY2023 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
104528 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
764597 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
81343 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
41143 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
13406 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
8937 | usd |
CY2024Q2 | lsh |
Long Term Debt Total Undiscounted Borrowings
LongTermDebtTotalUndiscountedBorrowings
|
909426 | usd |
CY2024Q2 | lsh |
Long Term Debt Imputed Interest
LongTermDebtImputedInterest
|
-26089 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
883337 | usd |
CY2024 | lsh |
Payroll Expense
PayrollExpense
|
2328547 | usd |
CY2023 | lsh |
Payroll Expense
PayrollExpense
|
1197082 | usd |
CY2024 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
407894 | usd |
CY2023 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
235008 | usd |
CY2024 | lsh |
Office Expense
OfficeExpense
|
394630 | usd |
CY2023 | lsh |
Office Expense
OfficeExpense
|
179547 | usd |
CY2024 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
381932 | usd |
CY2023 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
104177 | usd |
CY2024 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
188679 | usd |
CY2023 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
161290 | usd |
CY2024 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
151358 | usd |
CY2023 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
112034 | usd |
CY2024 | us-gaap |
Lease Cost
LeaseCost
|
91670 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
102382 | usd |
CY2024 | us-gaap |
Depreciation
Depreciation
|
71980 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
130755 | usd |
CY2024 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
38470 | usd |
CY2023 | us-gaap |
General Insurance Expense
GeneralInsuranceExpense
|
31337 | usd |
CY2024 | us-gaap |
Advertising Expense
AdvertisingExpense
|
29537 | usd |
CY2023 | us-gaap |
Advertising Expense
AdvertisingExpense
|
11325 | usd |
CY2024 | us-gaap |
Other Expenses
OtherExpenses
|
27943 | usd |
CY2023 | us-gaap |
Other Expenses
OtherExpenses
|
35268 | usd |
CY2024 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
24433 | usd |
CY2023 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
29949 | usd |
CY2024 | lsh |
Bank Charges
BankCharges
|
1117 | usd |
CY2023 | lsh |
Bank Charges
BankCharges
|
1158 | usd |
CY2024 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4138190 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2331312 | usd |
CY2024Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
441279 | usd |
CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
746130 | usd |
CY2024Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1018281 | usd |
CY2023Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
90000 | usd |
CY2024Q2 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
98850 | usd |
CY2023Q2 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
98850 | usd |
CY2023 | us-gaap |
Dividends
Dividends
|
200000 | usd |
CY2023 | lsh |
Dividends Declared And Offset Against Due From Shareholders
DividendsDeclaredAndOffsetAgainstDueFromShareholders
|
101150 | usd |
CY2024 | lsh |
Salaries And Employee Benefits
SalariesAndEmployeeBenefits
|
202225 | usd |
CY2023 | lsh |
Salaries And Employee Benefits
SalariesAndEmployeeBenefits
|
197999 | usd |
CY2024 | lsh |
Pte Tax Rate
PTETaxRate
|
0.0495 | pure |
CY2024 | lsh |
Percentage Of Taxes Replacement
PercentageOfTaxesReplacement
|
0.015 | pure |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements State And Local
EffectiveIncomeTaxRateReconciliationTaxSettlementsStateAndLocal
|
0.07 | pure |
CY2023Q3 | us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
3000000 | cny |
CY2023Q3 | lsh |
Preferential Tax Rate
PreferentialTaxRate
|
0.05 | pure |
CY2024 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
46996 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
32829 | usd |
CY2024 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-114333 | usd |
CY2023 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
32239 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-67337 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
65068 | usd |
CY2024 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-295614 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1008798 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.0645 | pure |
CY2024 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-62079 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
65068 | usd |
CY2024 | lsh |
Illinois State Tax Pet Tax
IllinoisStateTaxPETTax
|
-2171 | usd |
CY2024 | lsh |
Illinois Replacement Tax
IllinoisReplacementTax
|
-74 | usd |
CY2024 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
32358 | usd |
CY2024 | lsh |
Noncapital Loss Not Utilized
NoncapitalLossNotUtilized
|
-35371 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-67337 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
65068 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
16490 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
1671 | usd |
CY2024Q2 | lsh |
Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
|
1126429 | usd |
CY2023Q2 | lsh |
Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
|
150570 | usd |
CY2024Q2 | lsh |
Deferred Tax Assets Financing Lease Liability
DeferredTaxAssetsFinancingLeaseLiability
|
16799 | usd |
CY2023Q2 | lsh |
Deferred Tax Assets Financing Lease Liability
DeferredTaxAssetsFinancingLeaseLiability
|
4175 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1159718 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
156416 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
31575 | usd |
CY2024Q2 | lsh |
Deferred Tax Liabilities Operating Lease Rightof Use Asset
DeferredTaxLiabilitiesOperatingLeaseRightofUseAsset
|
1058707 | usd |
CY2023Q2 | lsh |
Deferred Tax Liabilities Operating Lease Rightof Use Asset
DeferredTaxLiabilitiesOperatingLeaseRightofUseAsset
|
146484 | usd |
CY2024Q2 | lsh |
Deferred Tax Liabilities Financing Lease Rightof Use Asset
DeferredTaxLiabilitiesFinancingLeaseRightofUseAsset
|
11430 | usd |
CY2023Q2 | lsh |
Deferred Tax Liabilities Financing Lease Rightof Use Asset
DeferredTaxLiabilitiesFinancingLeaseRightofUseAsset
|
3109 | usd |
CY2024Q2 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1070137 | usd |
CY2023Q2 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
181168 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
-89581 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
24752 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
120-for-1 | |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-225252 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
983602 | usd |
CY2024 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6000000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6000000 | shares |
CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.16 | |
CY2024Q2 | us-gaap |
Contractual Obligation
ContractualObligation
|
5202737 | usd |
CY2024Q2 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
6750000 | usd |
CY2024Q2 | lsh |
Discounts Expense Allowance
DiscountsExpenseAllowance
|
5790000 | usd |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
usd | |
CY2023Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
usd | |
CY2023Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
usd | |
CY2023Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
usd | |
CY2024Q2 | us-gaap |
Minority Interest
MinorityInterest
|
usd | |
CY2023 | us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
usd | |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.16 | |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6000000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6000000 | shares |
CY2024 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
usd | |
CY2023 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
usd | |
CY2023 | lsh |
Loss From Derecognition Of Shares In Subsidiary
LossFromDerecognitionOfSharesInSubsidiary
|
usd | |
CY2023 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
usd | |
CY2023 | us-gaap |
Cash Divested From Deconsolidation
CashDivestedFromDeconsolidation
|
usd | |
CY2024 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
usd | |
CY2023 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
usd | |
CY2024 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2023 | lsh |
Deferred Offering Costs Within Accrued Expense And Other Payables
DeferredOfferingCostsWithinAccruedExpenseAndOtherPayables
|
usd | |
CY2024 | us-gaap |
Dividends
Dividends
|
usd | |
CY2024 | lsh |
Dividends Declared And Offset Against Due From Shareholders
DividendsDeclaredAndOffsetAgainstDueFromShareholders
|
usd | |
CY2024 | us-gaap |
Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
|
usd | |
CY2023 | lsh |
Working Capital Net
WorkingCapitalNet
|
usd | |
CY2023 | lsh |
Investment In Other Entity Recognized
InvestmentInOtherEntityRecognized
|
usd | |
CY2023 | lsh |
Elimination Of N Cl At Deconsolidation Of A Subsidiary
EliminationOfNClAtDeconsolidationOfASubsidiary
|
usd | |
CY2023 | lsh |
Loss From Deconsolidation Of A Subsidiaryss
LossFromDeconsolidationOfASubsidiaryss
|
usd | |
CY2023Q2 | us-gaap |
Cash
Cash
|
usd | |
CY2024Q2 | us-gaap |
Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
|
usd | |
CY2024Q2 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
usd | |
CY2023Q2 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
usd | |
CY2024 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
usd | |
CY2024 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
usd | |
CY2024 | lsh |
Collected Amount
CollectedAmount
|
usd | |
CY2023 | lsh |
Illinois State Tax Pet Tax
IllinoisStateTaxPETTax
|
usd | |
CY2023 | lsh |
Illinois Replacement Tax
IllinoisReplacementTax
|
usd | |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
usd | |
CY2023 | lsh |
Noncapital Loss Not Utilized
NoncapitalLossNotUtilized
|
usd | |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6000000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6000000 | shares |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.16 | |
CY2024 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2024 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001996192 |